Bob Hoover Legacy Foundation
- Assets
- $292.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Maitland, FL
- Founding
- 11/2014
- Data as of
- 12/2019
- EIN
- 46-5748095
Organization Overview
Bob Hoover Legacy Foundation is located in Maitland, FL. The organization was established in 2014. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bob Hoover Legacy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES EDUCATIONAL SCHOLARSHIPS TO INDIVIDUALS WHO ARE PURSUING A CAREER IN AVIATION AND ARE ATTENDING AN AVIATION-RELATED EDUCATIONAL INSTITUTION. THE PURPOSE FOR THE SCHOLARSHIPS IS TO MAKE THIS TYPE OF EDUCATION AVAILABLE TO THOSE WHO WOULD OTHERWISE NOT BE ABLE TO AFFORD THE TRAINING AND EDUCATION REQUIRED FOR A CAREER IN AVIATION.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,714 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,714 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,249 |
| Total expenses | $123,849 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,601 |
| Other assets | $0 |
| Total assets | $292,001 |
| Total liabilities | $20,000 |
| Net assets or fund balances | $272,001 |
Grants Awarded
Over the last fiscal year, Bob Hoover Legacy Foundation has awarded $25,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ERAU SCHOLARSHIP PURPOSE: FURTHER EDUCATION OF FUTURE AVIATORS | $15,000 |
AVIATION FOUNDATION OF AMERICA PURPOSE: TO ERECT STATUE OF BOB HOOVER | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bob Hoover Legacy Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Robert A And Susan C Wilson Foundation Memphis, TN PURPOSE: GENERAL - OPERATING | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Goal Scholarship Program Inc Peachtree Corners, GA | $58,000,031 | $45,569,079 |
Georgia State University Athletic Association Inc Atlanta, GA | $12,025,331 | $28,251,593 |
Vinik Family Foundation Tampa, FL | $192,173,639 | $29,773,809 |
Hire Heroes Usa Alpharetta, GA | $7,840,449 | $13,205,192 |
Scholarships For Kids Inc Birmingham, AL | $21,791,162 | $14,541,038 |
Apogee Georgia School Choice Scholarship Fund Atlanta, GA | $21,549,156 | $14,581,744 |
Special Operations Warrior Foundation Tampa, FL | $175,400,415 | $16,396,122 |
Inspire Brands Foundation Inc Atlanta, GA | $11,528,068 | $11,993,911 |
Floridamakes Inc Orlando, FL | $1,478,174 | $9,967,367 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
Broward Education Foundation Inc Fort Lauderdale, FL | $12,469,303 | $5,256,121 |