Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 07-01-2018 , and ending 06-30-2019
Name of foundation
HOOVER FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)860 E 86TH STREET RM/STE 5
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
INDIANAPOLIS, IN46240
A Employer identification number

35-1873953
B Telephone number (see instructions)

(317) 815-9553
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$13,951,115
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 355 355  
4 Dividends and interest from securities... 311,713 311,713  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 972,078
b Gross sales price for all assets on line 6a 4,748,838
7 Capital gain net income (from Part IV, line 2)... 972,078
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,284,146 1,284,146  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 195,331 3,726   191,605
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 106,988 2,140   104,848
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 6,329 35   6,294
c Other professional fees (attach schedule).... 48,133     48,133
17 Interest............... 2     2
18 Taxes (attach schedule) (see instructions)... 2,331 2,284   47
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 13,320     13,320
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 22,523 9,171   13,352
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 394,957 17,356   377,601
25 Contributions, gifts, grants paid....... 587,079 587,079
26 Total expenses and disbursements. Add lines 24 and 25 982,036 17,356   964,680
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 302,110
b Net investment income (if negative, enter -0-) 1,266,790
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 198,530 173,828 173,828
2 Savings and temporary cash investments......... 958,321 963,402 963,402
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,754,481 Click to see attachment7,904,456 10,356,286
c Investments—corporate bonds (attach schedule)....... 2,228,953 Click to see attachment2,400,371 2,448,883
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet7,194
Less: accumulated depreciation (attach schedule) bullet7,194      
15 Other assets (describe bullet) Click to see attachment8,378 Click to see attachment8,716 Click to see attachment8,716
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,148,663 11,450,773 13,951,115
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 11,148,663 11,450,773
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 11,148,663 11,450,773
31 Total liabilities and net assets/fund balances (see instructions). 11,148,663 11,450,773
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
11,148,663
2
Enter amount from Part I, line 27a .....................
2
302,110
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
11,450,773
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
11,450,773
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a JP MORGAN - LONG TERM P    
b JP MORGAN CAPITAL GAINS P    
c JP MORGAN - SHORT TERM P    
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 3,581,522   2,762,056 819,466
b 174,429     174,429
c 992,887   1,014,704 -21,817
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       819,466
b       174,429
c       -21,817
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 972,078
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3 152,612
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 910,623 11,081,517 0.082175
2016 872,636 11,236,352 0.077662
2015 898,017 11,569,999 0.077616
2014 1,124,326 12,056,409 0.093255
2013 822,788 12,291,578 0.066939
2
Total of line 1, column (d) .....................
2
0.397647
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.079529
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
11,121,803
5
Multiply line 4 by line 3......................
5
884,506
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
12,668
7
Add lines 5 and 6........................
7
897,174
8
Enter qualifying distributions from Part XII, line 4,.............
8
964,680
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 12,668
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 12,668
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 12,668
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 7,200
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,200
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 1
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 5,469
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
 
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIN
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletDAVID C HOOVER Telephone no.bullet (317) 815-9553

    Located atbullet860 E 86TH STREET SUITE 5INDIANAPOLISIN ZIP+4bullet46240
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DAVID C HOOVER PRESIDENT
    000.00
    103,165 39,220 0
    860 E 86TH STREET SUITE 5
    INDIANAPOLIS,IN46240
    CYNTHIA K HOOVER VICE PRESIDE
    000.00
    3,000 0 0
    860 E 86TH STREET SUITE 5
    INDIANAPOLIS,IN46240
    GLEN H FRIEDMAN EXECUTIVE DI
    000.00
    86,166 53,148 0
    19250 NIXON AVE
    WEST LINN,OR97068
    ANNE HOOVER DIRECTOR
    000.00
    3,000 0 0
    860 E 86TH STREET RM 5
    INDIANAPOLIS,IN46240
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    7,829,468
    b
    Average of monthly cash balances.......................
    1b
    1,147,040
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,314,663
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,291,171
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    11,291,171
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    169,368
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,121,803
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    556,090
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    556,090
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    12,668
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,668
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    543,422
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    543,422
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    543,422
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    964,680
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    964,680
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    12,668
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    952,012
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2017
    (c)
    2017
    (d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 543,422
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 223,807
    b From 2014...... 528,277
    c From 2015...... 325,817
    d From 2016...... 326,516
    e From 2017...... 370,715
    fTotal of lines 3a through e........ 1,775,132
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 964,680
    a Applied to 2017, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2018 distributable amount..... 543,422
    e Remaining amount distributed out of corpus 421,258
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,196,390
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...
    223,807
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    1,972,583
    10 Analysis of line 9:
    a Excess from 2014.... 528,277
    b Excess from 2015.... 325,817
    c Excess from 2016.... 326,516
    d Excess from 2017.... 370,715
    e Excess from 2018.... 421,258
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    HOOVER FAMILY FOUNDATION
    860 E 86TH STREET SUITE 5
    INDIANAPOLIS,IN462401806
    (317) 815-9553
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION AND INFORMATION ARE AVAILABLE ON THE HOOVER FAMILY FOUNDATION WEBSITE HTTP://WWW.GOSWPARTNERS.WIXSITE.COM/HOOVERFAMILYFOUND. A COPY OF THE GUIDELINES AND HOW TO APPLY INFORMATION ARE AVAILABLE ON THE WEBSITE.
    cAny submission deadlines:
    PERIODIC APPLICATION DEADLINES ARE MARCH 1ST, JULY 1ST AND NOVEMBER 1ST.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE THE HOOVER FAMILY FOUNDATION WEBSITE FOR RESTRICTIONS AND LIMITATIONS ON AWARDS. HTTP://WWW.GOSWPARTNERS.WIXSITE.COM/HOOVERFAMILYFOUND
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    GIRLS INC OF PACIFIC NORTHWEST
    4800 SW MACADAM AVE 309
    PORTLAND,OR97239
    NONE CHARITY AFTER SCHOOL PROGRAM FOR GIRLS 6,000
    ECUMENICAL MINISTRIES OF OREGON
    0245 SW BANCROFT ST B
    PORTLAND,OR97239
    NONE CHARITY SECOND HOME PROGRAM FOR HOMELESS 8,000
    CHILDREN'S CENTER OF CLACKAMAS COUN
    1713 PENN LANE
    OREGON CITY,OR97045
    NONE CHARITY TRAUMA-FOCUSED COGNITTIVE THERAPY 8,000
    ADELANTE MUJERES
    2030 MAIN STREET SUITE A
    FOREST GROVE,OR97116
    NONE CHARITY EMPRESAS SMALL BUSINESS DEV. PROGRAM 7,500
    AMERICAN RED CROSS
    1510 N MERIDIAN STREET
    INDIANAPOLIS,IN46202
    NONE CHARITY HOME FIRE RELIEF & RECOVERY PROGRAM 10,000
    CHILD ADVOCATES PORTLAND
    421 HIGH STREET SUTIE 108
    OREGON CITY,OR97045
    NONE CHARITY RECRUIT,TRAIN, RETAIN VOLUNTEERS 8,000
    ELKHART COUNTY FERAL CAT COALITION
    PO BOX 2196
    ELKHART,IN46515
    NONE CHARITY BUY PET FOOD 1,000
    GIRLS INC OF GREATER INDIANAPOLIS
    3935 N MERIDIAN ST
    INDIANAPOLIS,IN46208
    NONE CHARITY HS PROGRAMS MANAGER STAFF POSITION 10,000
    HOOSIER VETERANS ASSISTANCE FOUNDAT
    964 N PENNSYLVANIA ST
    INDIANAPOLIS,IN46204
    NONE CHARITY RAPID REHOUSING FOR VETERANS 10,000
    INDIANAPOLIS LEGAL AID SOCIETY
    615 N ALABAMA ST STE 122
    INDIANAPOLIS,IN46204
    NONE CHARITY SUPPORT OF SAFE HOUSING INITIATIVE 10,000
    MACDONALD CENTER
    121 NW SIXTH AVE
    PORTLAND,OR97209
    NONE CHARITY SUPPORT SERVICES COORDINATOR 8,000
    OPEN SCHOOL
    7633 N WABASH AVE
    PORTLAND,OR97217
    NONE CHARITY STEP UP PROGRAM 8,000
    OREGON CHILDREN'S FOUNDATION
    101 SW MARKET ST
    PORTLAND,OR97201
    NONE CHARITY VOLUNTEER READING/BOOKS PROGRAM 7,500
    OUTREACH INC
    PO BOX 11416
    INDIANAPOLIS,IN46201
    NONE CHARITY CASE MANAGER POSITION FOR GOAL PROG 10,000
    PORTLAND STATE UNIVERSITY FOUNDATIO
    1931 SW 4TH AVE STE 104
    PORTLAND,OR97201
    NONE CHARITY AFTER SCHOOL STEM EDUCATION 7,500
    REHAB'S SISTERS
    PO BOX 90234
    PORTLAND,OR97290
    NONE CHARITY GROUP THERAPY/CRISIS INTERVENTION 5,000
    READING RESULTS
    3115 NE SANDY BLVD 229
    PORTLAND,OR97232
    NONE CHARITY READING PROGRAM FOR EARLY-GRADES 7,500
    THE SALVATION ARMY
    6060 CASTLEWAY WEST
    INDIANAPOLIS,IN46250
    NONE CHARITY PATHWAY OF HOPE PROGRAM 10,000
    STORE TO DOOR
    7730 SW 31ST AVE
    PORTLAND,OR97219
    NONE CHARITY GROCERY DELIVERY & VISITATION SERV 6,000
    UNION GOSPEL MISSION
    3 NW THIRD AVE
    PORTLAND,OR97209
    NONE CHARITY OUTREACH COORDINATOR POSITIONS 8,000
    WHEEL TO WALK
    PO BOX 20146
    PORTLAND,OR97294
    NONE CHARITY PROVIDE MEDICAL EQUIP TO CHILDREN 6,000
    EDUCATE BEYOND ALL BARRIERS
    PO BOX 601
    INDIANAPOLIS,IN46206
    NONE CHARITY HIGH SCHOOL EQUIVALENCY TRAINING 1,000
    WHITE RIVER YACHT CLUB FOUNDATION
    860 E 86TH ST STE 5
    INDIANPAOLIS,IN46240
    NONE CHARITY REMOVAL OF INVASIVE EURASIAN MILFOIL 1,000
    PIANO SANTA
    PO BOX 80214
    PORTLAND,OR97219
    NONE CHARITY REPLACE OBSOLETE OFFICE EQUIP 600
    BOYS & GIRLS CLUBS OF INDIANAPOLIS
    3909 N MERIDIAN ST 100
    INDIANAPOLIS,IN46208
    NONE CHARITY GRADUATION COUNSELOR FOR AT RISK 13,000
    BRADLEY ANGLE
    5432 ALBINA AVE
    PORTLAND,OR97217
    NONE CHARITY YOUTH & FAMILY SUPPORT SERVICE 5,000
    DOMESTIC VIOLENCE NETWORK OF INDPLS
    9245 N MERIDIAN ST 235
    INDIANAPOLIS,IN46260
    NONE CHARITY SOCIAL SERVICES/HOUSING PROGRAM 10,000
    DOVE RECOVERY HOUSE FOR WOMEN
    3351 N MERIDIAN ST 110
    INDIANAPOLIS,IN46208
    NONE CHARITY CASE MANAGEMENT SERVICES 10,000
    EARLY LEARNING INDIANA
    1776 N MERIDIAN ST STE A
    INDIANAPOLIS,IN46202
    NONE CHARITY REFUND -10,000
    EARLY LEARNING INDIANA
    1776 N MERIDIAN ST STE A
    INDIANAPOLIS,IN46202
    NONE CHARITY MENTOR TEACHER PROFESSIONAL 10,000
    ELEVATE OREGAN
    12215 NE MARX ST
    PORTLAND,OR97230
    NONE CHARITY SUPPORT POST SECONDARY SUCCESS PROG 8,000
    FAIRBANKS HOSPITAL
    8102 CLEARVISTA PKWY
    INDIANAPOLIS,IN46256
    NONE CHARITY SUPPORTIVE LIVING PROGRAM 10,000
    FATHERS AND FAMILIES RRC
    2835 N MERIDIAN ST
    INDIANAPOLIS,IN46208
    NONE CHARITY EDUCATION/CERTIFICATION PROGRAMS 12,500
    GREATER INDIANAPOLIS LITERACY LEAGU
    40 E ST CLAIR ST
    INDIANAPOLIS,IN46204
    NONE CHARITY LEVEL LITERACY CLASSROOM FOR ADULTS 15,000
    HORIZON HOUSE
    1033 E WASHINGTON ST
    INDIANAPOLIS,IN46202
    NONE CHARITY DIRECT ASSISTANCE FOR RISE CLIENTS 9,996
    KEEP INDIANAPOLIS BEAUTIFUL
    1029 FLETCHER AVE 100
    INDIANAPOLIS,IN46203
    NONE CHARITY LEADERS IN TRAINING - YOUTH TEAM 9,525
    MEDICAL TEAMS INTERNATIONAL
    14150 SW MILTON COURT
    TIGARD,OR97224
    NONE CHARITY MOBILE DENTAL CLINICS 8,000
    METROPOLITAN FAMILY SERVICE
    1808 SE BELMONT ST
    PORTLAND,OR97214
    NONE CHARITY ECONOMIC EMPOWERMENT SERVICES 8,000
    NORTH BY NORTHEAST COMM HEALTH
    714 NE ALBERTA ST
    PORTLAND,OR97211
    NONE CHARITY CULTURALLY SPECIFIC PRIMARY CARE 7,500
    NORTHWEST CATHOLIC COUNSELING CTR
    8383 NE SANDY BLVD 205
    PORTLAND,OR97220
    NONE CHARITY PROVIDE COUNSELING TO LOW INCOME 8,000
    OREGON CHILDREN'S THEATRE
    1939 NE SANDY BLVD
    PORTLAND,OR97232
    NONE CHARITY LOUD & CLEAR SPEAKING SKILLS 5,000
    PACE
    2855 N KEYSTONE AVE 170
    INDIANAPOLIS,IN46218
    NONE CHARITY EMPLOYEMENT RETENTION COACH 15,000
    PARROTT CREEK CHILD & FAMILY SERV
    1001 MOLALLA AVE 209
    OREGON CITY,OR97045
    NONE CHARITY SCHOOL & CAREER PROGRAMS FOR BOYS 8,000
    PIEAR
    338 NW 6TH AVE
    PORTLAND,OR97209
    NONE CHARITY BARISTA SCHOOL, JOB TRAINING 5,627
    PORTLAND HOMELESS FAMILY SOLUTIONS
    1221 SW YAMHILL 210
    PORTLAND,OR97205
    NONE CHARITY LIFE LAB CLASSES & TRAINING 8,000
    POIC RAHS
    717 N KILLINGWORTH CT
    PORTLAND,OR97217
    NONE CHARITY CONSTRUCTION PRE-APPRENTICESHIP PROG 5,000
    PROVIDENCE CRISTO REY HIGH SCHOOL
    75 N BELLEVIEW PL
    INDIANAPOLIS,IN46222
    NONE CHARITY HISPANIC & FAMILY OUTREACH 10,000
    ST ANDREW NATIVITY SCHOOL
    4925 NE 9TH AVE
    PORTLAND,OR97211
    NONE CHARITY JESUIT VOLUNTEER/AMERICORPS STAFF 7,500
    SATURDAY ACADEMY
    5000 N WILLAMETTE BLVD
    PORTLAND,OR97203
    NONE CHARITY HIGH IMPACT ACADEMICS/STEAM CAMP 8,000
    SERENDIPITY CENTER
    PO BOX 33350
    PORTLAND,OR97292
    NONE CHARITY FARM TO COMMUNITY PROJECT 7,500
    TUCKER MAXON SCHOOL
    2860 SE HOLGATE BLVD
    PORTLAND,OR97202
    NONE CHARITY EARLY INTERVENTION PROGRAM 8,000
    TURNING POINT
    PO BOX 751
    NORTH WEBSTER,IN46555
    NONE CHARITY COUNSELING FOR WOMEN IN RECOVERY 10,000
    UNITED CEREBRAL PALSY OF INDIANA
    6270 CORPORATE DR
    INDIANAPOLIS,IN46278
    NONE CHARITY SPECIFIC ASSISTANCE FUND 5,000
    WESTMINSTER NEIGHBORHOOD SERVICES
    PO BOX 11465
    INDIANAPOLIS,IN46201
    NONE CHARITY NEW CASE MANAGER POSITION 10,000
    NJTL OF INDIANAPOLIS
    1310 E 96TH ST 100
    INDIANAPOLIS,IN46240
    NONE CHARITIY AFTER SCHOOL PROGRAM 1,000
    SAME AS U INC
    1240 CLINTON ST
    NOBLESVILLE,IN46060
    NONE CHARITY YOUNG ADULTS WITH DISABILITIES PROG 1,000
    ALANO CLUB OF PORTLAND
    909 NW 24TH AVE
    PORTLAND,OR97210
    NONE CHARITY NEW EXPUNGENTMENT PROGRAM COORD 6,000
    ALS ASSOCIATION OREGAN
    700 NE MULTNOMAH ST 210
    PORTLAND,OR97232
    NONE CHARITY CARE SERVICES PROGRAM 8,000
    ASSISTANCE LEAGUE OF INDIANAPOLIS
    1475 W 86TH ST STE E
    INDIANAPOLIS,IN46260
    NONE CHARITY OPERATION SCHOOL BELL BOOKS 8,000
    AYS
    4701 N KEYSTONE AVE 475
    INDIANAPOLIS,IN46205
    NONE CHARITY BEFORE & AFTER SCHOOL PROGRAMS 11,000
    CHILD ADVOCATES
    8200 HAVERSTICK RD 240
    INDIANAPOLIS,IN46240
    NONE CHARITY EDUCATIONAL LIAISON PROGRAM 10,000
    CHRISTAMORE HOUSE
    502 N TREMONT ST
    INDIANPOLIS,IN46222
    NONE CHARITY SENIOR PROGRAM CASE MANAGEMENT 10,000
    CONSTRUCTING HOPE PRE-APPRENTICE
    405 NE CHURCH ST
    PORTLAND,OR97211
    NONE CHARITY CONSTRUCTION TRADES SUMMER PROGRAM 5,500
    FAMILY OF FRIENDS MENTORING
    1333 NW EASTMAN PKWY
    GRESHAM,OR97030
    NONE CHARITY NEW OUTREACH & RECRUITMENT MANAGER 5,500
    FRIENDS OF THE CHILDREN
    44 NE MORRIS ST
    PORTLAND,OR97121
    NONE CHARITY EXPANSION OF COLLEGE READINESS 8,000
    INDIANA SYMPHONY SOCIETY
    32 E WASHINGTON ST 600
    INDIANAPOLIS,IN46204
    NONE CHARITY METROPOLITAN YOUTH ORCHESTRA 7,500
    JAMESON CAMP
    2001 S BRIDGEPORT RD
    INDIANAPOLIS,IN46231
    NONE CHARITY YOUTH LEADERSHIP PROGRAM 7,500
    LITTLE RED DOOR CANCER AGENCY
    1801 N MERIDIAN ST
    INDIANAPOLIS,IN46202
    NONE CHARITY RIDES TO APPOINTMENTS 7,500
    NOBLE OF INDIANA
    7701 E 21ST ST
    INDIANAPOLIS,IN46219
    NONE CHARITY ELI LILLY/CBRE WORKFORCE PROJECT 10,000
    OREGON MUSEUM OF SCIENCE & INDUSTRY
    1945 SE WATER AVE
    PORTLAND,OR97214
    NONE CHARITY TEEN SCIENCE ALLIANCE PROGRAM 6,000
    ORTOP
    4800 SW GRIFFITH DR 215
    BEAVERTON,OR97005
    NONE CHARITY STEM/ROBOTICS PROGRAMS 7,831
    OTIS R BOWEN CENTER
    9799 E EXCALIBUR PL
    CROMWELL,IN46732
    NONE CHARITY STABLE HOUSING MICROLOANS /JOB TRAIN 15,000
    OUR HOUSE OF PORTLAND
    2727 SE ADLER ST
    PORTLAND,OR97214
    NONE CHARITY NEIGHBORHOOD HOUSING & CARE PROGRAM 8,000
    PORTLAND YOUTH BUILDERS
    4816 SE 92ND AVE
    PORTLAND,OR97266
    NONE CHARITY PRE-APPRENTICESHIP TRAINING PROGRAM 6,000
    SHADOW PROJECT
    2154 NE BROADWAY 130
    PORTLAND,OR97232
    NONE CHARITY EXPAND READING MENTORING PROGRAM 7,500
    SOCIETY OF ST VINCENT DE PAUL
    3001 E 30TH ST
    INDIANAPOLIS,IN46218
    NONE CHARITY CHANGING LIVES FOREVER PROGRAM 10,000
    TECHPOINT FOUNDATION
    5255 WINTHROP AVE 4
    INDIANAPOLIS,IN46220
    NONE CHARITY SCIENCE ACTION CLUBS 7,500
    JOHNSON COUNTY YOUTH SERVICE BUREAU
    1195 N MORTON ST STE A
    FRANKLIN,IN46131
    NONE CHARITY SOCIAL SOLUTIONS 1,000
    Total .................................bullet 3a 587,079
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
        14 355  
    4 Dividends and interest from securities....     14 311,713  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
            972,078
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   312,068 972,078
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,284,146
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,591     4,591
    PAYROLL PROCESSING FEES 1,738 35   1,703

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    TY 2018 DepreciationSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)
    Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    2 DESK CHAIRS 1998-08-31 451 451 S/L 7.0000        
    OFFICE FURNITURE 1999-06-28 1,775 1,775 S/L 7.0000        
    OFFICE FURNITURE 2005-02-22 972 972 S/L 7.0000        
    COMPUTER EQUIPMENT 2011-09-06 2,276 2,276 200DB 5.0000        
    COMPUTER EQUIPMENT 2012-06-06 1,720 1,720 200DB 5.0000        

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ACTIVATION BLIZZARD - 25000 SHS 25,099 25,204
    AMERICAN EXPRESS - 25000 SHS 25,111 25,264
    AMERICAN TOWER COPR - 25000 SHS 25,736 25,305
    AMGEN INC - 25000 SHARES    
    APPLIED MATERIALS - 26000 SHS 27,658 27,890
    AT&T INC - 25000 SHS    
    BANK OF AMERICA - 25000 SHS 26,447 26,668
    BOEING CO - 25000 SHS    
    CAPITAL ONE NA - 25000 SHS 25,276 25,261
    CITIGROUP INC - 25000 SHS 25,218 25,086
    CLOROX COMPANY - 25000 SHS 26,081 26,163
    CONSTELLATION BRANDS - 25000 SHS 26,169 25,543
    CROWN CASTLE INTL - 25000 SHS 27,924 27,212
    CVS HEALTH CORP - 25000 SHS 26,020 25,683
    DISCOVER BANK - 20000 SHS 22,361 20,682
    DODGE & COX INCOME - 9,614.59 SHS 131,716 133,739
    DOLLAR GENERAL CORP - 25000 SHS 26,645 26,716
    DOMINION GAS HLDGS - 25000 SHS 25,375 25,114
    DOUBLELINE TOTAL RET - 11,418.61 SHS 119,553 121,951
    DR PEPPER SNAPPLE - 25000 SHS 25,091 24,992
    DUKE ENERGY CORP - 25000 SHS 26,368 26,380
    EASTMAN CHEMICAL - 25000 SHS    
    ECOLAB INC - 29000 SHS 28,329 29,258
    ENTERPRISE PRODUCTS - 29000 SHS 30,070 30,732
    FIDELITY NATIONAL - 13000 SHS 13,472 14,586
    GENERAL DYNAMICS - 26000 SHS 24,282 26,189
    GENERAL MOTORS FINL - 25000 SHS 25,461 25,087
    GOLDMAN SACHS - 25000 SHS 25,866 25,924
    INTL LEASE FINANCE CORP - 28000 SHS    
    ISHARES BARCLAYS - 1,258 SHARES 131,482 138,405
    ISHARES BARCLAYS MBS - 1,227 SHARES 128,642 132,025
    KRAFT HEINZ FOODS - 25000 SHS 25,451 25,032
    L-3 COMMUNICATIONS - 25000 SHARES    
    MORGAN STANLEY - 25000 SHS 25,772 26,365
    NETAPP INC - 25000 SHS 25,720 25,289
    NEWELL RUBBERMAID - 25000 SHS 26,471 25,373
    PUBLIC SERVICE ELEC - 30000 SHS 29,721 30,525
    REGENCY CENTERS - 25000 SHS    
    REPUBLIC SERVICES - 25000 SHS 25,299 25,818
    ROGERS COMMUNICATIONS - 25000 SHS 26,772 26,590
    ROPER TECHNOLOGIES - 27000 SHS 27,539 28,183
    ROYAL CARIBBEAN - 25000 SHS 27,883 27,088
    RYDER SYSTEM INC - 25000 SHARES    
    SIX CIRCLES ULTRA SHORT - 13,311.81 133,251 133,118
    STRYKER CORP - 25000 SHS 25,842 25,993
    SYSCO CORP - 25000 SHS 25,213 25,234
    TIME WARNER CABLE - 25000 SHS 26,227 25,653
    UNION PACIFIC CORP - 30000 SHS 30,474 31,189
    UNITEDHEALTH GROUP - 25000 SHS 26,572 26,713
    US BANCORP - 22000 SHS 20,998 21,810
    VANGUARD SHORT-TERM - 1,685 SHARES 132,981 135,693
    VANGUARD TOTAL BOND - 18,357.85 SHS 193,274 200,651
    VANGUARD TOTAL INTL - 18,039.04 SHS 391,073 412,733
    VERISK ANALYTICS - 25000 SHS 27,884 26,508
    WELLS FARGO & CO - 25000 SHS 25,248 25,065
    XYLEM INC - 31000 SHS 29,254 31,201

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMG MANAGERS - 43986.554 SHS    
    BROWN ADV JAPAN - 24487.047 SHARES    
    DODGE & COX INTL - 17021.346 SHARES    
    FIDELITY 500 INDEX - 6,320.213 SHS 585,404 648,833
    HARTFORD CAPITAL APPREC - 7439.83    
    ISHARES CORE MSCI - 15,254 SHARES 934,613 936,596
    ISHARES MSCI EAFE - 15590 SHARES 829,288 1,024,731
    JPM GLOBAL RES EHN - 31,085.139 SHS 487,135 669,263
    JPM TAX AWARE EQUITY - 11,500.4 SHS 208,920 414,245
    MFS INTL VALUE - 12507.889 SHARES    
    NEUBERGER BERMAN - 7,358.287 SHARES 72,332 136,423
    PRIMECAP ODYSSEY FUNDS - 4,111.019 62,200 135,664
    SPDR S&P 500 ETF - 13903 SHARES 2,458,186 4,073,579
    SIX CIRCLES US - 106,267.273 SHARES 1,071,011 1,104,117
    JPMORGAN BETA CANADA - 16,790 SHS 404,788 417,735
    SIX CIRCLES INTL - 57,691.566 SHARES 536,762 549,801
    JPMORGAN BETA JAPAN - 10,754 SHARES 253,817 245,299

    TY 2018 LandEtcSchedule2
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
      7,194 7,194    


    TY 2018 OtherAssetsSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID/ACCRUED INTEREST INCOME 8,378 8,716 8,716


    TY 2018 OtherExpensesSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    DUES AND SUBSCRIPTIONS 3,126     3,126
    OFFICE SUPPLIES 2,767     2,767
    POSTAGE 1,639     1,639
    PROPERTY & LIABILITY INSURANC 1,376     1,376
    TELEPHONE 4,372     4,372
    PARKING 72     72
    BOND PREMIUM AMORTIZATION 9,171 9,171    


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 48,133     48,133


    TY 2018 TaxesSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 2,284 2,284    
    BUSINESS LICENSE 22     22
    PERSONAL PROPERTY TAX 25     25