Miriam U Hoover Foundation is located in Vero Beach, FL. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miriam U Hoover Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Miriam U Hoover Foundation generated $462.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (68.3%) each year. All expenses for the organization totaled $16.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Miriam U Hoover Foundation has awarded 42 individual grants totaling $16,929,311. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael A Leppen Trustee | 5 | $56,250 | |
Thomas E Swaney Trustee | 5 | $37,500 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $45 |
Dividends & Interest | $162,256 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $300,241 |
Capital Gain Net Income | $300,241 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $462,542 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $93,750 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,740 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $100 |
Total operating and administrative expenses | $255,289 |
Contributions, gifts, grants paid | $16,149,311 |
Total expenses and disbursements | $16,404,600 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $0 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Miriam U Hoover Foundation has awarded $16,149,311 in support to 19 organizations.
Grant Recipient | Amount |
---|---|
ABOUT FACE THEATRE PURPOSE: UNRESTRICTED | $10,000 |
AIDS FOUNDATION OF CHICAGO PURPOSE: UNRESTRICTED | $25,000 |
ART INSTITUTE OF CHICAGO PURPOSE: UNRESTRICTED | $10,000 |
BEXLEY SEABURY SEMINARY PURPOSE: UNRESTRICTED | $10,000 |
BISHOP ANDERSON HOUSE FOUNDATION PURPOSE: UNRESTRICTED | $15,000 |
CENTER ON HALSTED PURPOSE: UNRESTRICTED | $25,000 |