How much does Hoover Foundation Income Account give?

Hoover Foundation Income Account reported 62 grants totaling $3,718,280 in its FY2024 IRS filing. It funded between 61 and 79 organizations a year over FY2017 to FY2023.

What does Hoover Foundation Income Account fund?

By grant dollars over FY2017 to FY2024, its largest causes are Education (18%), Philanthropy (17%), Arts & Culture (15%).

Who are Hoover Foundation Income Account's largest grantees?

By total granted over FY2017 to FY2024: Arts in Stark ($1.7M), Malone University ($950k), Akron-Canton Regional Foodbank ($553k).

Does Hoover Foundation Income Account fund new organizations?

In FY2023, 21% of the organizations it funded were first-time grantees.

Does Hoover Foundation Income Account accept unsolicited applications?

Its most recent filing reports that it accepts unsolicited grant applications.

Which funders back the same organizations as Hoover Foundation Income Account?

Its strongest co-funders, measured against what their size predicts, include Stark Community Foundation, Timken Foundation of Canton, Sisters of Charity Foundation of Canton.

Where is Hoover Foundation Income Account based?

Hoover Foundation Income Account is based in OH.

Hoover Foundation Income Account

Hoover Foundation Income Account at a glance Also receives grants: funding profile →

· Private foundation

Hoover Foundation Income Account

Its FY2024 filing reports that it accepted unsolicited grant applications.

$3.7M

Granted FY2024still arriving

Grants FY2024still arriving

States reached

$1.0M

Largest

01What it funds

0193% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Education$4.6MPhilanthropy$4.4MArts & Culture$3.8MYouth Development$1.7MHealth$1.7MHuman Services$1.3MFood & Nutrition$771kRecreation & Sports$721kOther$0

02FY2024 · 62 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

Under $10k10 grants · $40k
$10k–50k37 grants · $871k
$50k–250k12 grants · $1.1M
$250k+3 grants · $1.7M

$25,000

Median grant

States reached

$39M

Total assets

Largest grants
Recipient	Amount
STARK COMMUNITY FOUNDATION INC	$1,000,000
ARTS IN STARK	$375,000
UNITED WAY WORLDWIDE	$315,000
COMMQUEST	$200,000
CANTON FOR ALL PEOPLE	$150,000
CANTON PALACE THEATRE	$150,000
STARK EDUCATION PARTNERSHIP	$87,000
AKRON CHILDRENS HOSPITAL FOUNDATION	$80,000
BEACON CHARITABLE PHARMACY	$75,000
Individual grant recipient	$75,000
LOUISVILLE PUBLIC LIBRARY	$75,000
OHIO FOUNDATION OF INDEPENDENT	$65,000
THE HOOVER FOUNDATION	$55,000
CANTON SYMPHONY ORCHESTRA	$55,000
YMCA	$50,000

02The need

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY17–24, $624k) land where the poverty rate runs at 13%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

grant to an above-average-need area below average· circle size = grant amount

How this is measured

Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

How this is measured

US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.

03Its grantees

repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

82%of every dollar goes to organizations it has funded before.

$16M · 113 repeat orgs$3.4M to everyone else

Grantees it renews have grown median revenue +30% since the first grant, against 0% for those funded once.

113 repeat relationships: 51 still active in FY2024, 62 since wound down; 9 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

113

Total granted

$16M

$3.0M

Median revenue growth · since first grant

+30%

Still filing today

58%

30%

New vs renewed · share of each year

In FY2024, 82% of grant dollars renewed an existing relationship; $444k went to new ones.

RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

EducationArts & CultureHuman ServicesHealthYouth DevelopmentCommunity ImprovementOther

How this is measured

First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

AR
AKRON-CANTON REGIONAL FOODBANK
3× · 2021–2023 · $553k · revenue +25%
WU
Walsh University Inc
7× · 2017–2024 · $415k · revenue +3%
TO
THE OHIO FOUNDATION OF INDEPENDENT COLLEGES
6× · 2018–2024 · $390k · revenue +38%

Funded once

BS
BOY SCOUTS OF AMERICA
one grant, 2023 · $1.0M
UW
United Way of Greater Stark County
one grant, 2021 · $320k · revenue -10%
PF
PRO FOOTBALL HALL OF FAME
one grant, 2017 · $250k

How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

Canton Regional Chamber of Commerce

Advancement of the economic, industrial, professional, cultural and civic welfare of stark county and its surrounding region and the promotion and preservation of the competitive free enterprise system.

—

Community Building Partnership of Stark County Inc

To promote the revitalization of neighborhoods in stark county by leading partnership-based, neighborhood-specific, revitalization efforts and developing programs that support community reinvestment.

Community Improvement

Akron Community Foundation

To identify, activate, and support informed and passionate philanthropists who strive to improve the quality of life in our community. we accomplish this by:- building a permanent source of charitable funding- cultivating strategic…

Philanthropy

Ohio United Way

To strengthen the capacity of United Ways across Ohio and to advance the common good for Ohioans.

Philanthropy

Greater Columbus Chamber of Commerce

Advancing a thriving central ohio commmunity by serving as a catalyst for all businesses to grow and flourish. our mission pillars are connections, government relations, strategic business solutions and talent/workforce.

—

Stark County Convention & Visitors' Bureau

The Mission of the Stark County Convention & Visitors' Bureau is to attract and engage visitors, serve and educate regional tourisim partners, and generate economic growth for the community through travel and tourism development.

—

Dayton Area Chamber of Commerce

The chamber is a member association designed to be the leading advocate for the business community of the greater dayton region. its mission is to work shoulder to shoulder with businesses to help them succeed.

—

United Way of Central Ohio Inc

United way of central ohio is the local organization that harnesses the power of communities working together - people, nonprofits, businesses and government - to create a stronger, more equitable central ohio. see schedule o.we do this…

Philanthropy

Global Cleveland

Global cleveland is dedicated to growing northeast ohio's economy by welcoming and connecting international people to opportunities and fostering a more inviting community for those seeking a place to call home.

Human Services

Canton Regional Chamber of Commerce Foundation Inc

Economic & community development - restore and maintain healthy economic and social conditions in the city of canton and stark county and to support infrastructure expansion vital to economic growth.

—

Ohio Chamber of Commerce

As the state's leading business advocate and resource, the ohio chamber of commerce aggressively champions free enterprise, economic competitiveness and growth for the benefit of all ohioans.

—

Greater Akron Chamber

To promote business in the tri-county area

—

How this is measured

The grantee most central to the portfolio’s shape is Stark Community Foundation; the most unlike its peers is Canton Ex-Newsboys Association. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.

04the grantee network

95 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 95 of the 181 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

Load-bearing (≥25% of a budget)

Early backer (in before they grew)

87/95

Grantees still filing

61/95

Grew since first funded

Where the money sits, by cause and then by grantee

Other$11,080,576Philanthropy$3,466,721Education$3,165,665Arts & Culture$3,059,800Human Services$671,600Health$670,000Food & Nutrition$611,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Stark Community FoundationOH131.4× affinity64 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Stark Community Foundation · Timken Foundation of Canton · Sisters of Charity Foundation of Canton · Timken Co Charitable & Educational Fund · Austin-Bailey Health & Wellness Foundation · United Way of Greater Stark County · The Paul and Carol David Foundation · Albert W & Edith V Flowers Charitable · The Belden Brick Charitable Trust · Health Foundation of Greater Massillon · Diebold Employees Charitable Fd Ta · Premier Bank Foundation

How this is measured

Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Hoover Foundation Income Account funds: left to right is the share of its income from government, bottom to top the share from Hoover Foundation Income Account. Bigger dots raise more.

2024

’20’21’22’23’24’25

no gov moneyreceives it· size = income

0get no government money at all

28report government grants on their 990 we could not trace to a source (not plotted)

0rely on government for over half their income

typical government reliance, FY20–25

How this is measured

Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Hoover Foundation Income Account?

Find your warmest path to Hoover Foundation Income Account through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

Play a game based on Hoover Foundation Income Account’s filings →

More from the funding graph

The unnamed billions

grants reported with no recipient in the public record

The regranting layer

51% of grant dollars land in the regranting layer

The DAF merry-go-round

$9.7B circulates between donor-advised funds

The endowment market

who holds foundation money, and what just moved

The camps

funders cluster by geography, not ideology

By state

where grant money is based, and what stays home