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Wisconsin · Private foundation

The Eric D & Steven D Hovde Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$1.5M
Granted FY2024(still arriving)
20
Grants FY2024
18
Organizations funded FY2023
22%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$25,000
Largest grant, FY2024
$930,944
Organizations funded a year
12 to 18
FY2020 to FY2023
States reached, FY2024
6
Total assets, FY2024
$6.9M
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2023, 22% of the organizations The Eric D & Steven D Hovde Foundation funded were first-time grantees, receiving 16% of its grant dollars.

New vs renewed · share of each year

In FY2023, 84% of grant dollars renewed an existing relationship; $266k went to new ones.

50%100%’21’22’23
RenewedFirst-time

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

’21’22’23
EducationFood & NutritionHuman ServicesInternationalCommunity ImprovementYouth DevelopmentOther
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.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving19$1.5M42%
FY202318$1.7M22%
FY202216$2.0M38%
FY202112$661k17%
FY202016$1.2Mn/a
99% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

International$3.6MHuman Services$2.1MHousing & Shelter$671kEducation$168kFood & Nutrition$155kCrime & Legal$152kPhilanthropy$128kEnvironment$46kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

WA
WI
NY
MA
CA
DE
NC
TX

Top grantees

Largest recipients by total granted, FY2020 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Many Hopes Inc$3,299,515533%
Hope for Life$423,838542%
Pothawira International$218,339510%
Thorn$150,00040%
Bethel Horizons Foundation Inc$125,0004n/a
The River Food Pantry Inc$90,06030%
Extended Hands Pantry Inc$60,00026%
One City Schools Foundation Inc$50,00011%
Legado de Esperanza Foundation$46,15036%
Clean Lakes Alliance Inc$46,00042%
Show all 22 grantees
All grantees of The Eric D & Steven D Hovde Foundation by total granted
GranteeTotal grantedYearsShare of their budget
Many Hopes Inc$3,299,515533%
Hope for Life$423,838542%
Pothawira International$218,339510%
Thorn$150,00040%
Bethel Horizons Foundation Inc$125,0004n/a
The River Food Pantry Inc$90,06030%
Extended Hands Pantry Inc$60,00026%
One City Schools Foundation Inc$50,00011%
Legado de Esperanza Foundation$46,15036%
Clean Lakes Alliance Inc$46,00042%
Shelter From the Storm Ministries Inc$25,75514%
The Road Home Dane County Inc$25,00020%
Akola Academy$25,000115%
The Playing Field Inc$25,00011%
Horizon High School of Madison Inc$10,00021%
A Child's Place of Charlotte Inc$5,00011%
Beloved Asheville$5,00010%
Madison Reading Project Inc$5,00011%
Junior Achievement of Wisconsin Inc$3,00030%
Local 311 Charities Inc$3,00032%
Center for Community Stewardship$1,00010%
Badger Boys State Incorporated$4001n/a

What it could do for these grantees

Plus 14 recipients with no EIN on record ($2.4M), not named here.

Where it is load-bearing

The Eric D & Steven D Hovde Foundation supplied at least a quarter of the budget for 2 of its grantees at some point. The chart plots its 20 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10Mgrantee revenue →↑ funder's share of their budgetMany Hopes Inc: $3,299,515 over 5y, 33% of budgetHope for Life: $423,838 over 5y, 42% of budgetPothawira International: $218,339 over 5y, 9.8% of budgetThorn: $150,000 over 4y, 0.3% of budgetThe River Food Pantry Inc: $90,060 over 3y, 0.3% of budgetExtended Hands Pantry Inc: $60,000 over 2y, 5.9% of budgetOne City Schools Foundation Inc: $50,000 over 1y, 0.9% of budgetLegado de Esperanza Foundation: $46,150 over 3y, 5.6% of budgetClean Lakes Alliance Inc: $46,000 over 4y, 1.7% of budgetShelter From the Storm Ministries Inc: $25,755 over 1y, 3.7% of budgetThe Road Home Dane County Inc: $25,000 over 2y, 0.5% of budgetAkola Academy: $25,000 over 1y, 15% of budgetThe Playing Field Inc: $25,000 over 1y, 0.5% of budgetHorizon High School of Madison Inc: $10,000 over 2y, 1.2% of budgetA Child's Place of Charlotte Inc: $5,000 over 1y, 0.5% of budgetBeloved Asheville: $5,000 over 1y, 0.0% of budgetMadison Reading Project Inc: $5,000 over 1y, 1.4% of budgetJunior Achievement of Wisconsin Inc: $3,000 over 3y, 0.0% of budgetLocal 311 Charities Inc: $3,000 over 3y, 1.5% of budgetCenter for Community Stewardship: $1,000 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 20.

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.

Madison Community FoundationWI23.8× affinity9 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Madison Community Foundation · Veridian Foundation Inc · The Evjue Foundation Inc · Madison Gas and Electric Foundation Inc · United Way of Dane County Inc · The Roots and Wings Foundation Inc · Green Bay Packers Foundation · Alliant Energy Foundation Inc · Endres Manufacturing Foundation Inc · Trustage Foundation Inc · Schlecht Family Foundation Inc · Salzwedel Family Fund Ltd

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.

Compare The Eric D & Steven D Hovde Foundation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to The Eric D & Steven D Hovde Foundation?

Find your warmest path to The Eric D & Steven D Hovde Foundation 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.

About The Eric D & Steven D Hovde Foundation

How much does The Eric D & Steven D Hovde Foundation give?
The Eric D & Steven D Hovde Foundation reported 20 grants totaling $1,534,138 in its FY2024 IRS filing. It funded between 12 and 18 organizations a year over FY2020 to FY2023.
What does The Eric D & Steven D Hovde Foundation fund?
By grant dollars over FY2020 to FY2024, its largest causes are International (51%), Human Services (30%), Housing & Shelter (9%).
Who are The Eric D & Steven D Hovde Foundation's largest grantees?
By total granted over FY2020 to FY2024: Many Hopes Inc ($3.3M), Hope for Life ($424k), Pothawira International ($218k).
Does The Eric D & Steven D Hovde Foundation fund new organizations?
In FY2023, 22% of the organizations it funded were first-time grantees.
Does The Eric D & Steven D Hovde Foundation accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as The Eric D & Steven D Hovde Foundation?
Its strongest co-funders, measured against what their size predicts, include Madison Community Foundation, Veridian Foundation Inc, The Evjue Foundation Inc.
Where is The Eric D & Steven D Hovde Foundation based?
The Eric D & Steven D Hovde Foundation is based in WI.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 36 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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