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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 07-01-2020 , and ending 06-30-2021
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$16,077,851J 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 200 200  
4 Dividends and interest from securities... 294,435 294,435  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 659,951
b Gross sales price for all assets on line 6a 4,023,894
7 Capital gain net income (from Part IV, line 2)... 63,187
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........ 954,586 357,822  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 207,354 4,147   203,207
14 Other employee salaries and wages...... 6,000     6,000
15 Pension plans, employee benefits....... 117,321 2,346   114,975
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,663 37   6,626
c Other professional fees (attach schedule).... Click to see attachment 70,636     70,636
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 8,550 8,525   25
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 14,028     14,028
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 25,852 11,410   14,442
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 456,404 26,465   429,939
25 Contributions, gifts, grants paid....... 614,447 614,447
26 Total expenses and disbursements. Add lines 24 and 25 1,070,851 26,465   1,044,386
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -116,265
b Net investment income (if negative, enter -0-) 331,357
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 195,379 406,627 406,627
2 Savings and temporary cash investments......... 880,134 1,008,288 1,008,288
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)....... 7,337,226 Click to see attachment7,496,331 12,438,554
c Investments—corporate bonds (attach schedule)....... 2,792,855 Click to see attachment2,177,969 2,215,880
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 attachment8,388 Click to see attachment8,502 Click to see attachment8,502
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,213,982 11,097,717 16,077,851
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 FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 11,213,982 11,097,717
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 11,213,982 11,097,717
30 Total liabilities and net assets/fund balances (see instructions). 11,213,982 11,097,717
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
11,213,982
2
Enter amount from Part I, line 27a .....................
2
-116,265
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
11,097,717
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 29 .
6
11,097,717
Form 990-PF (2020)
Form 990-PF (2020)
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.)
1a
b
c
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
b
c
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
b
c
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 63,187
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  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 4,606
c All other domestic foundations enter 1.39% 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 4,606
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 4,606
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 7,600
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 7,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,994
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet2,994 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 the instructions
for the 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 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 addressbulletWWW.HOOVERFF.ORG
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    40.00     		110,892 45,267 0
    860 E 86TH STREET SUITE 5
    INDIANAPOLIS,IN46240
    CYNTHIA K HOOVER VICE PRESIDE
    3.00     		0 0 0
    860 E 86TH STREET SUITE 5
    INDIANAPOLIS,IN46240
    GLEN H FRIEDMAN EXECUTIVE DI
    40.00     		96,462 55,666 0
    19250 NIXON AVE
    WEST LINN,OR97068
    ANNE HOOVER DIRECTOR
    3.00     		0 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 (2020)
    Form 990-PF (2020)
    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 (2020)
    Form 990-PF (2020)
    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
    7,416,778
    b
    Average of monthly cash balances.......................
    1b
    1,245,214
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,485,412
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,147,404
    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
    11,147,404
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    167,211
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    10,980,193
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    549,010
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    549,010
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    4,606
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,606
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    544,404
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    544,404
    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
    544,404
    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
    1,044,386
    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
    1,044,386
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,044,386
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 544,404
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 325,817
    b From 2016...... 326,516
    c From 2017...... 370,715
    d From 2018...... 421,258
    e From 2019...... 413,902
    fTotal of lines 3a through e........ 1,858,208
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,044,386
    a Applied to 2019, 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 2020 distributable amount..... 544,404
    e Remaining amount distributed out of corpus 499,982
    5 Excess distributions carryover applied to 2020.    
    (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 2,358,190
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		325,817
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		2,032,373
    10 Analysis of line 9:
    a Excess from 2016.... 326,516
    b Excess from 2017.... 370,715
    c Excess from 2018.... 421,258
    d Excess from 2019.... 413,902
    e Excess from 2020.... 499,982
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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.HOOVERFF.ORG. 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.HOOVERFF.ORG
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    ABOUT SPECIAL KIDS
    8435 KEYSTONE CROSSING 1
    INDIANAPOLIS,IN46240     		NONE CHARITY PARENT EDUCATION PROJECT 8,675
    ADELANTE MUJERES
    2030 MAIN STREET STE A
    FOREST GROVE,OR97116     		NONE CHARITY SUPPORT LEARNING FOR LATIN FAMILIES 7,500
    AMYOTROPHIC LATERAL SCLEROSIS ASSOC
    700 NE MULTNOMAH ST 210
    PORTLAND,OR97232     		NONE CHARITY INDEPENDENCE PRORAM FOR ALS 8,000
    ARTS ACTION ALLIANCE (CLACKAMAS CO)
    PO BOX 2181
    OREGON CITY,OR97045     		NONE CHARITY YOUTH ARTS FOR CHANGE PROGRAM 5,000
    BEAVERTON EDUCATION FOUNDATION
    3800 SW CEDAR HILLS BLVD
    PORTLAND,OR97005     		NONE CHARITY ADADPTIVE EQUIP & SUPPLIES 5,000
    BIRCH COMMUNITY SERVICES
    17780 NE SAN RAFAEL ST
    PORTLAND,OR97230     		NONE CHARITY SUSTAINABLE FAMILIES PROGRAM 7,000
    BLANCHET HOUSE OF HOSPITALITY
    310 NEW GLISAN
    PORTLAND,OR97209     		NONE CHARITY RESIDENTIAL LIVING FOR HOMELESS MEN 8,000
    BOYS & GIRLS AID SOCIETY
    9320 SW BARBUR BLVD 200
    PORTLAND,OR97219     		NONE CHARITY STEP FOR YOUTH IN FOSTER CARE 5,000
    BOSMA VISIONARY OPPORTUNITIES FOUND
    6720 CORPORATE DRIVE
    INDIANAPOLIS,IN46278     		NONE CHARITY COMMUNITY BASED SERVICE FOR BLIND 10,000
    BOYS & GIRLS CLUBS OF INDIANAPOLIS
    3909 N MERIDIAN ST 100
    INDIANAPOLIS,IN46208     		NONE CHARITY GRADUATION COUNSELOR - AT RISK YOUTH 10,000
    BOY SCOUTS OF AMERICA - CROSSROADS
    8125 FALL CREEK ROAD NORT
    INDIANAPOLIS,IN46256     		NONE CHARITY TO SERVE LATINO & BURMESE YOUTH 5,000
    CALL TO SAFETY
    PO BOX 41610
    PORTLAND,OR97242     		NONE CHARITY 24/7 CRISIS REMOTE CALL CENTER 7,500
    CASA OF CLACKAMAS COUNTY
    421 HIGH STREET
    OREGON CITY,OR97045     		NONE CHARITY VOLUNTEER SUPPORT/ADVOCACY 8,000
    CASCADE AIDS PROJECT
    520 NW DAVIS ST 215
    PORTLAND,OR97209     		NONE CHARITY MENTAL HLTH SERV FOR HIV & HOMELESS 7,500
    CATHOLIC CHARITIES INDIANAPOLIS
    907 N HOLMES AVE
    INDIANAPOLIS,IN46222     		NONE CHARITY CASE MANAGER POSITION - HOMELESS 10,000
    CENTRAL INDIANA CLUBHOUSE
    4141 OFFICE PLAZA BLVD
    INDIANAPOLIS,IN46241     		NONE CHARITY TABLES FOR MEMBERS FOR VIRTUAL SERV 1,000
    CHILD ADVOCATES
    8200 HAVERSTICK RD 240
    INDIANAPOLIS,IN46240     		NONE CHARITY YOUTH ADVOCATES PROGRAM FOR FOSTER 10,000
    CHILDRENS MUSEUM OF INDIANAPOLIS
    3000 N MERIDIAN ST
    INDIANAPOLIS,IN46208     		NONE CHARITY AFTER SCHOOL EXPLORER'S PROGRAM 5,000
    COMMUNITY ALLIANCE - FAR EASTSIDE
    8902 E 38TH STREET
    INDIANAPOLIS,IN46226     		NONE CHARITY CAREER NAVIGATOR WITH YES PROGAM 10,000
    COMMUNITY AND FAITH OUTREACH
    3915 GUILFORD AVE
    INDIANAPOLIS,IN46205     		NONE CHARITY ONLINE MEETINGS - FOSTER GRANDPARENT 1,000
    COMMUNITY DEVELOPMENT CORP OF OR
    4233 SE 182ND AVE PMB 367
    GRESHAM,OR97030     		NONE CHARITY DIRECTOR OF COMMUNITY HEALTH WORKER 6,000
    CONSTRUCTION HOPE PRE-APPRENTICE
    405 NE CHURCH ST
    PORTLAND,OR97211     		NONE CHARITY CONSTRUCTION TRAINING FOR UNEMPLOYED 8,000
    CROSSING NATIONAL
    101 E RAYMOND ST
    INDIANAPOLIS,IN46225     		NONE CHARITY PROGAM SUPPORT IN JOB TRAINING 9,342
    DOVE RECOVERY HOUSE FOR WOMEN
    3351 N MERIDIAN STR 110
    INDIANAPOLIS,IN46208     		NONE CHARITY CASE MGMT, RECOVERY & HOUSING SERV. 5,000
    DRESS FOR SUCCESS INDIANAPOLIS
    820 N MERIDIAN ST
    INDIANAPOLIS,IN46204     		NONE CHARITY FINANCIAL LITERACY EDUCATION 5,000
    ELEVATE INDIANAPOLIS
    PO BOX 441456
    INDIANAPOLIS,IN46244     		NONE CHARITY TEACHING/MENTORING PROGRAM 10,000
    EXODUS REFUGEE IMMIGRATION
    2427 E WASHINGTON ST A
    INDIANAPOLIS,IN46201     		NONE CHARITY WOMEN'S PROGRAM COORDINATOR 5,000
    FAMILY TO FAMILY (FAMILY VOICES IN)
    12175 VISIONARY WAY 1360
    FISHERS,IN46038     		NONE CHARITY SERVICES FOR YOUTH-SPECIAL HEALTH 10,106
    FRANCISCAN HEALTH FOUNDATION
    3510 PARK PLACE WEST 200
    MISHAWAKA,IN46545     		NONE CHARITY BP CUFFS FOR HEART FAILURE PATIENTS 2,399
    FRIENDLY HOUSE
    2617 NW SAVIER ST
    PORTLAND,OR97210     		NONE CHARITY CLIENT ASSISTANCE FUND 7,500
    HEAR INDIANA
    4740 KINGSWAY DR STE 33
    INDIANAPOLIS,IN46205     		NONE CHARITY AUDIOLOGY PROGRAM STAFF POSITIONS 10,000
    HERRON HIGH SCHOOL
    PO BOX 88134
    INDIANAPOLIS,IN46208     		NONE CHARITY SUMMER ACADEMY MATHEMATICS RECOVERY 5,000
    HORIZON HOUSE
    1033 E WASHINGTON ST
    INDIANAPOLIS,IN46202     		NONE CHARITY ASSISTANCE FOR RISE EMPLOYMENT SERV 4,700
    INDIANA UNIVERSITY
    301 UNIVERSITY BLVD 1010
    INDIANAPOLIS,IN46202     		NONE CHARITY TECHNOLOGY EQUIP FOR TUTORING 10,000
    INDIANA PARKINSON FOUNDATION
    14350 MUNDY DR STE 800
    NOBLESVILLE,IN46060     		NONE CHARITY CLIMB ACTIVITY & EXERCISE PROGAM 2,550
    INDIANA YOUTH GROUP
    3733 N MERIDIAN STREET
    INDIANAPOLIS,IN46208     		NONE CHARITY INDEPENDENT LIFE SKILLS PROGRAM 10,000
    INDIANAPOLIS NEIGHBORHOOD HOUSING
    3550 N WASHINGTON BLVD
    INDIANAPOLIS,IN46205     		NONE CHARITY POST HOME PURCHASE COUNSELING 10,000
    INDIANAPOLIS PUBLIC LIBRARY FOUND
    2450 N MERIDIAN ST
    INDIANAPOLIS,IN46206     		NONE CHARITY ENGLISH CONVERSATION CIRCLES F 8,000
    INSIGHT ALLIANCE
    PO BOX 820214
    PORTLAND,OR97282     		NONE CHARITY PROJECT 180 RE-ENTRY FROM PRISON 7,500
    LIFE WORKS NW
    14600 NW CORNELL RD
    PORTLAND,OR97229     		NONE CHARITY HEALTHY FAMILY SUPPORT PROGRAM 7,500
    MARY RIGG NEIGHBORHOOD CENTER
    1920 W MORRIS ST
    INDIANAPOLIS,IN46211     		NONE CHARITY YOUTH ENRICHMENT COACH & SOCIAL WORK 5,000
    MCDONALD CENTER (MAYBELLE CENTER)
    121 NW 6TH AVE
    PORTLAND,OR97209     		NONE CHARITY TECHNOLOGY LOANER PROGRAM 8,000
    MEDICAL TEAMS INTERNATIONAL
    PO BOX 4288
    PORTLAND,OR97208     		NONE CHARITY MOBILE HEALTH CLINICS 8,000
    MORNING LIGHT
    4701 N KEYSTONE AVE 400
    INDIANAPOLIS,IN46205     		NONE CHARITY GENNESARET FREE CLINICS RELATIONSHIP 6,000
    MT HOOD KIWANIS CAMP
    10725 SW BARBUR BLVD 50
    PORTLAND,OR97219     		NONE CHARITY FAMILY CAMP PROGRAM 7,500
    MT SCOTT LEARNING CENTER
    6148 SE HOLGATE BLVD
    PORTLAND,OR97206     		NONE CHARITY TRANSITIONS PROGRAM - AT RISK TEENS 8,000
    MUSCULAR DYSTROPHY FAMILY FOUNDATIO
    PO BOX 776
    CARMEL,IN46082     		NONE CHARITY ADAPTIVE EQUIPMENT 5,000
    NEIGHBORHOOD HOUSE
    7780 SW CAPITAL HWY
    PORTLAND,OR97219     		NONE CHARITY SENIOR SERVICES PROGRAM 8,000
    NORTHWEST CATHOLIC COUNSELING CTR
    8383 NE SANDY BLVD 205
    PORTLAND,OR97220     		NONE CHARITY PROVIDE COUNSELING TO LOW INCOME 8,000
    NORTHWEST HOUSING ALTERNATIVES
    2316 SE WILLARD STREET
    PORTLAND,OR97222     		NONE CHARITY HOUSING STABILITY SUPPORT 8,000
    OPEN SHCOOL
    16570 SE OAK STREET
    PORTLAND,OR97233     		NONE CHARITY EXPANDING STEP UP PROGRAM 7,500
    OUTGROWING HUNGER
    40414 SE TRUBEL RD
    SANDY,OR97055     		NONE CHARITY GARDENS FOR HEALTH PROGRAM 5,000
    PARKINSON'S RESOURCES OF OREGON
    8880 SW NIMBUS AVE STE B
    BEAVERTON,OR97008     		NONE CHARITY WRAP AROUND RESPITE CARE 6,000
    PATHFINDERS OF OREGON
    2501 SW FIRST AVE 300
    PORTLAND,OR97201     		NONE CHARITY WORKFORCE DEVELOPMENT PROGRAM 6,000
    PDX DIAPER BANK
    PO BOX 22613
    PORTLAND,OR97269     		NONE CHARITY EXPAND FOR COVID 19 DIAPER NEEDS 6,000
    PLAYWORKS INDIANA
    9511 ANGOLA CT STE 249
    INDIANAPOLIS,IN46268     		NONE CHARITY PILOT DISTRICT SERVICES MODEL 10,000
    PORTLAND HOMELESS FAMILY SOLUTIONS
    6220 SE 92ND AVENUE
    PORTLAND,OR97266     		NONE CHARITY FAMILY VILLAGE EDUCATOR POSITION 8,000
    PORTLAND LEADERSHIP FOUNDATION
    809 N RUSSELL ST 203
    PORTLAND,OR97227     		NONE CHARITY KNOW ME NOW RE-ENTRY PROGRAM 6,000
    PORTLAND STREET MEDICINE
    825 NE MULTNOMAH ST 240
    PORTLAND,OR97220     		NONE CHARITY MEDICAL VAN FOR OUTREACH PROGRAM 6,000
    PORTLAND TENNIS & EDUCATION
    7519 BURLINGTON AVE
    PORTLAND,OR97203     		NONE CHARITY HIGH SCHOOL ACADEMY SUPPORT PROGRAM 5,000
    PROVIDENCE CRISTO REY HIGH SCHOOL
    75 N BELLEVIEW PL
    INDIANAPOLIS,IN46222     		NONE CHARITY TRAINING FACULTY IN SOFTWARE APPLIC. 8,375
    PUBLIC ADVOCATES IN COMMUNITY
    2855 N KEYSTONE AVE 170
    INDIANAPOLIS,IN46218     		NONE CHARITY EMPLOYMENT SERVICES 10,000
    RANDOM ACTS OF FLOWERS
    1057 E 54TH STREET STE F
    INDIANAPOLIS,IN46220     		NONE CHARITY REPLACE LAPTOPS 1,000
    READING RESULTS
    3115 NE SANDY BLVD 229
    PORTLAND,OR97232     		NONE CHARITY READING PROGRAM TO COVID SLIDE 8,000
    REACH FOR YOUTH
    3505 N WASHINGTON BLVD
    INDIANAPOLIS,IN46207     		NONE CHARITY REACH INITIATIVE 10,000
    RILEY CHILDREN'S FOUNDATION
    30 S MERIDIAN ST STE 200
    INDIANAPOLIS,IN46204     		NONE CHARITY THE FOSTER CARE BRIDGE CLINIC 10,000
    SAINT FLORIAN CENTER
    PO BOX 2896
    INDIANAPOLIS,IN46206     		NONE CHARITY AFTER SCHOOL PROGRAM 5,000
    SAME AS U
    1685 N 10TH
    NOBLESVILLE,IN46060     		NONE CHARITY EXPANSION OF SERVICES - YOUNG ADULT 7,500
    SERENDIPITY CENTER
    PO BOX 33350
    PORTLAND,OR97292     		NONE CHARITY TRAUMA INFORMED EDUCATION & SUPPORT 6,000
    SERVANTS AT WORK (SAWS)
    8427 ZIONSVILLE ROAD
    INDIANAPOLIS,IN46268     		NONE CHARITY BUILD ADA WHEELCHAIR RAMPS 8,000
    SHADOW PROJECT
    2154 NE BROADWAY 130
    PORTLAND,OR97232     		NONE CHARITY READING MENTORS PROGAM 7,500
    SHEPHERD COMMUNITY CENTER
    4107 E WASHINGTON ST
    INDIANAPOLIS,IN46201     		NONE CHARITY QUICK RESPONSE TEAM 15,000
    ST RICHARD'S EPISCOPAL SCHOOL
    33 E 33RD STREET
    INDIANAPOLIS,IN46205     		NONE CHARITY SUMMER ACADEMIC & ENRICHMENT PROGRAM 4,000
    ST MARY'S CHILD CENTER
    901 DR MARTIN LUTHER KING
    INDIANAPOLIS,IN46202     		NONE CHARITY FAMILY ENGAGEMENT ACTIVITIES 5,000
    ST VINCENT DE PAUL INDIANAPOLIS
    3001 E 30TH STREET
    INDIANAPOLIS,IN46218     		NONE CHARITY CHANGING LIVES FOREVER GRADUATE PROG 8,000
    ST VINCENT HOSPITAL FOUNDATION
    8402 HARCOURT RD STE 210
    INDIANAPOLIS,IN46260     		NONE CHARITY LOW INCOME INDIVIDUALS TRAINING 10,000
    STORE TO DOOR
    7730 SW 31ST AVE
    PORTLAND,OR97219     		NONE CHARITY GROCERY DELIVERY & VISITATION SERV 8,000
    TRILLIUM FAMILY SERVICES
    3415 SE POWELL BLVD
    PORTLAND,OR97202     		NONE CHARITY CHRYSALIS THERAPEUTIC PROGRAM 6,000
    VIDEO GAME PALOOZA (HOPE TRAINING)
    6817 HILLSDALE CT BLDG 3
    INDIANAPOLIS,IN46250     		NONE CHARITY IT FOUNDATIONS & FUNDAMENTALS TRAIN. 5,000
    VILLAGE OF MERICI
    5707 LAWTON LOOP E DR 22
    INDIANAPOLIS,IN46216     		NONE CHARITY BOOKS SETS FOR ADULTS W/DISABILITIES 7,300
    VIRGINIA GARCIA MEMORIAL HEALTH
    PO BOX 6149
    ALOHA,OR97007     		NONE CHARITY PATIENT SUPPORT FLEX FUNDS PROGRAM 8,000
    VISUALLY IMPAIRED PRESCHOOL SERVICE
    1100 W 42ND ST STE 228
    INDIANAPOLIS,IN46208     		NONE CHARITY EARLY CHILDHOOD INTERVENTION PROGRAM 10,000
    WALLACE (WALLACE MEDICAL CONCERN)
    18633 SE STARK ST 401
    PORTLAND,OR97233     		NONE CHARITY HOUSING FOR FAMILY HEALTH PROGAM 7,500
    WE BLOOM (RECOVERY CAFE)
    525 S MERIDIAN ST
    INDIANAPOLIS,IN46225     		NONE CHARITY RECOVERY COACH TRAINING PROGRAM 5,000
    WHEELER MISSION
    205 E NEW YORK ST
    INDIANAPOLIS,IN46204     		NONE CHARITY FOOD PROGRAM 1,000
    WRITE AROUND PORTLAND
    133 SW 2ND AVE STE 304
    PORTLAND,OR97204     		NONE CHARITY CREATIVE WRITING 10 WEEK WORKSHOPS 6,000
    YOUTH VILLAGES OREGON
    PO BOX 368
    MARYHURST,OR97036     		NONE CHARITY YOUTH TRANSITIONING OUT OF FOSTER 7,500
    Total .................................bullet 3a 614,447
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 ...........     		    14 200  
    4 Dividends and interest from securities....     14 294,435  
    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 ............     		        659,951
    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)..   294,635 659,951
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    954,586
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,830     4,830
    PAYROLL PROCESSING FEES 1,833 37   1,796

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    TY 2020 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        

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    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    SEE DETAIL - JP MORGAN LONG TERM   PURCHASE     3,017,729 2,480,067     537,662  
    SEE DETAIL - JP MORGAN SHORT TERM   PURCHASE     942,978 883,876     59,102  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE INC - 26000 SHS 26,646 26,438
    ACTIVATION BLIZZARD - 25000 SHS    
    AMERICAN EXPRESS - 25000 SHS 25,111 25,822
    AMERICAN TOWER COPR - 25000 SHS    
    AMERN INTL GROUP - 15000 SHS 17,058 17,271
    ANTHEM INC - 11,000 SHS 11,367 11,095
    APPLIED MATERIALS - 26000 SHS 27,658 29,088
    ASTRAZENECA PLC - 21,000 SHS 23,775 24,135
    ATHENE HLDG LTD - 23,000 SHS 25,413 25,651
    AT&T INC - 24,000 SHS 28,552 27,789
    BANK OF AMERICA - 25000 SHS 26,447 26,862
    CITIGROUP INC - 25000 SHS    
    CLOROX COMPANY - 25000 SHS 26,081 27,179
    CONSTELLATION BRANDS - 25000 SHS    
    COSTCO WHSL CORP - 32000 SHS 31,928 32,198
    CROWN CASTLE INTL - 25000 SHS    
    CVS HEALTH CORP - 25000 SHS 26,020 25,698
    DIAGEO CAP PLC - 14,000 SHS 15,129 14,492
    DIGITAL REALTY - 10,000 SHS 11,517 11,109
    DOLLAR GENERAL CORP - 25000 SHS 26,645 27,980
    DOMINION GAS HLDGS - 25000 SHS    
    DUKE ENERGY CORP - 25000 SHS 26,368 26,920
    ECOLAB INC - 29000 SHS 28,329 31,067
    ENTERPRISE PRODUCTS - 29000 SHS 30,070 31,191
    EQUINIX INC - 20,000 SHS 21,595 21,394
    FIDELITY NATIONAL - 17,000 SHS 16,798 16,970
    GENERAL DYNAMICS - 26000 SHS 24,282 27,385
    GENERAL MOTORS FINL - 25000 SHS    
    GOLDMAN SACHS - 25000 SHS 25,866 26,245
    HERSHEY CO - 13000 SHARES 13,117 13,595
    ISHARES 20+ TREASURY - 857 SHS 121,856 123,708
    ISHARE US TREASURY - 5,658 SHS 149,513 150,503
    KEURIG DR PEPPER - 25000 SHARES    
    KRAFT HEINZ FOODS - 3,000 SHS    
    KEYCORP - 17000 SHARES 15,227 17,789
    LAM RESH CORP - 16,000 SHS 16,603 16,071
    LOWES COS INC - 31,000 SHS 29,535 30,239
    L3HARRIS TECH INC - 21,000 SHS 25,195 24,378
    MID-AMERICA APTS - 27,000 SHS 28,873 28,231
    MORGAN STANLEY - 25000 SHS 25,772 27,275
    NETAPP INC - 25000 SHS    
    NEWELL RUBBERMAID - 17000 SHS 18,001 17,808
    NIKE INC - 17000 SHARES 18,811 18,479
    PACKAGING CORP OF AMER - 13000 SHS 13,726 14,040
    PIMCO HIGH YIELD - 37,087.97 SHS    
    PGIM HIGH YIELD - 87,147.55 SHS    
    PUBLIC SERVICE ELEC - 30000 SHS 29,721 32,421
    PUB STORAGE - 15000 SHARS 16,938 16,428
    PUB STORAGE - 14,000 SHS 16,223 15,520
    REPUBLIC SERVICES - 25000 SHS 25,299 26,843
    ROGERS COMMUNICATIONS - 25000 SHS 26,772 26,725
    ROPER TECHNOLOGIES - 27000 SHS 27,539 30,166
    SHERWIN-WILLIAMS CO - 17,000 SHS 16,800 17,197
    SIX CIRCLES CREDIT - 28,921.91 SHS 299,050 299,339
    SIX CIRCLES ULTRA SHORT - 12,002.58    
    STRYKER CORP - 25000 SHS 25,842 26,825
    SYSCO CORP - 25000 SHS 25,213 25,522
    TIME WARNER CABLE - 25000 SHS 26,227 25,000
    UNION PACIFIC CORP - 30000 SHS 30,474 32,494
    UNITEDHEALTH GROUP - 25000 SHS 26,573 27,739
    US BANCORP - 29000 SHS 28,164 30,693
    VANGUARD TTL INTL - 1,311.09 SHS 28,411 29,906
    VANGUARD TOTAL BOND - 4,121 SHS 349,495 353,953
    VANGUARD MORT BACKED - 2,793 SHS 151,090 149,062
    VANGUARD TOTAL INTL - 21,629.2 SHS    
    VERISK ANALYTICS - 25000 SHS    
    WELLS FARGO & CO - 25000 SHS    
    XYLEM INC - 31000 SHS 29,254 33,952

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Name of Stock End of Year Book Value End of Year Fair Market Value
    FIDELITY 500 INDEX - 1,055.445 SHS 109,981 157,884
    FIDELITY INTL INDEX - 2,196.899 SHS 102,815 108,922
    ISHARES CORE MSCI - 7,108. SHARES 433,397 532,105
    ISHARES CORE MSCI - 4,926 SHS 271,843 329,993
    ISHARES MSCI EAFE - 5,040 SHARES 246,638 397,555
    JPM BTABLDRS ASIA - 5,121 SHARES 256,933 299,374
    JPM TAX AWARE EQUITY - 5,208.018 SHS    
    JPMORGAN BETA CANADA - 7,779 SHS 374,125 503,379
    JPMORGAN BETA EURPOE - 7,750 SHS 411,633 453,918
    JPMORGAN BETA JAPAN - 10,249 SHARES 509,278 578,966
    SIX CIRCLES INTL - 111,421.677 SHS 1,070,350 1,227,867
    SIX CIRCLES US - 118,505.475 SHARES 1,251,152 1,897,273
    SPDR S&P 500 ETF - 13,903 SHARES 2,458,186 5,951,318

    TY 2020 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 2020 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 8,388 8,502 8,502


    TY 2020 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 2,119     2,119
    OFFICE SUPPLIES 2,941     2,941
    POSTAGE 1,532     1,532
    PROPERTY & LIABILITY INSURANC 1,558     1,558
    TELEPHONE 4,900     4,900
    BOND PREMIUM AMORTIZATION 11,410 11,410    
    WEBSITE 1,392     1,392


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 70,636     70,636


    TY 2020 TaxesSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 8,525 8,525    
    PERSONAL PROPERTY TAX 25     25