Form990-PF
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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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 07-01-2021 , and ending 06-30-2022
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 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$13,304,345
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 127 127  
4 Dividends and interest from securities... 440,485 440,485  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 156,369
b Gross sales price for all assets on line 6a 1,862,390
7 Capital gain net income (from Part IV, line 2)... 112,534
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........ 596,981 553,146  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 217,721 6,646   325,666
14 Other employee salaries and wages...... 11,000     11,000
15 Pension plans, employee benefits....... 131,676 2,654   129,022
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 6,706 38   6,668
c Other professional fees (attach schedule).... 77,203     77,203
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 1,831 1,806   25
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 16,300     16,300
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 24,203 8,074   16,129
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 486,640 19,218   582,013
25 Contributions, gifts, grants paid....... 561,705 561,705
26 Total expenses and disbursements. Add lines 24 and 25 1,048,345 19,218   1,143,718
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -451,364
b Net investment income (if negative, enter -0-) 533,928
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 406,627 366,800 366,800
2 Savings and temporary cash investments......... 1,008,288 865,374 865,374
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)....... 7,496,331 Click to see attachment7,665,498 10,475,552
c Investments—corporate bonds (attach schedule)....... 2,177,969 Click to see attachment1,741,543 1,589,481
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 attachment8,502 Click to see attachment7,138 Click to see attachment7,138
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 11,097,717 10,646,353 13,304,345
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........... 11,097,717 10,646,353
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)..... 11,097,717 10,646,353
30 Total liabilities and net assets/fund balances (see instructions). 11,097,717 10,646,353
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
11,097,717
2
Enter amount from Part I, line 27a .....................
2
-451,364
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
10,646,353
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
10,646,353
Form 990-PF (2021)
Form 990-PF (2021)
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 2 112,534
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 7,422
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 7,422
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 4,800
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 4,800
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 5
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 2,627
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 2022 estimated taxBullet   RefundedBullet 11  
Part VI-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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    116,436 50,669 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
    101,285 63,922 0
    860 E 86TH STREET RM 5
    INDIANAPOLIS,IN46240
    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 (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 VIII-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 VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    9,540,671
    b
    Average of monthly cash balances.......................
    1b
    1,326,044
    c
    Fair market value of all other assets (see instructions)................
    1c
    7,138
    d
    Total (add lines 1a, b, and c).........................
    1d
    10,873,853
    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
    10,873,853
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    163,108
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    10,710,745
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    535,537
    Part X
    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 IX, line 6..................
    1
    535,537
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    7,422
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,422
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    528,115
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    528,115
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    528,115
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2020
    (c)
    2020
    (d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 528,115
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 326,516
    b From 2017...... 370,715
    c From 2018...... 421,258
    d From 2019...... 413,902
    e From 2020...... 499,982
    f Total of lines 3a through e ........ 2,032,373
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 1,143,718
    a Applied to 2020, 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 2021 distributable amount..... 528,115
    e Remaining amount distributed out of corpus 615,603
    5 Excess distributions carryover applied to 2021.    
    (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 2,647,976
    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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...
    326,516
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    2,321,460
    10 Analysis of line 9:
    a Excess from 2017.... 370,715
    b Excess from 2018.... 421,258
    c Excess from 2019.... 413,902
    d Excess from 2020.... 499,982
    e Excess from 2021.... 615,603
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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 (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    91 PLACE
    PO BOX 11505
    INDIANAPOLIS,IN46201
    NONE CHARITY STIPEND FOR HOMELESS YOUTH MENTORS 10,000
    ADELANTE MUJERES
    2030 MAIN STREET STE A
    FOREST GROVE,OR97116
    NONE CHARITY SUPPORT BEYOND TRAUMA PROGRAM 8,000
    AMERICAN CANCER SOCIETY
    PO BOX 681405
    INDIANAPOLIS,IN46268
    NONE CHARITY BREAST CANCER EDUCATION & SCREENINGS 10,000
    AMERICAN RED CROSS GREATER
    INDIANAPOLIS CHAPTER
    1510 N MERIDIAN ST
    INDIANAPOLIS,IN46202
    NONE CHARITY ASSISTANCE TO HOME FIRE VICTIMS 9,075
    ASSISTANCE LEAGUE OF INDIANAPOLIS
    1475 E 86TH ST STE E
    INDIANAPOLIS,IN46260
    NONE CHARITY ASSAULT SURVIVOR KITS PROGRAM 8,000
    BRADLEY ANGLE HOUSE
    5432 N ALBINA
    PORTLAND,OR97217
    NONE CHARITY ECONOMIC EMPOWERMENT PROGRAM 5,000
    BROOK PARK ELEMENTARY SCHOOL
    5259 DAVID ST
    INDIANAPOLIS,IN46226
    NONE CHARITY SENSORY ROOM MATERIALS 1,000
    CALL TO SAFETY
    PO BOX 41610
    PORTLAND,OR97242
    NONE CHARITY SAFETY & STABILIZATION FACILITATOR 7,500
    CANCER SUPPORT COMMUNITY CENTRAL IN
    5150 W 71ST ST
    INDIANAPOLIS,IN46268
    NONE CHARITY COMMUNITY NAVIGATION PROGRAM 7,500
    CANDLELIGHTERS FOR CHILDREN WITH
    CANCER
    6600 SW 92ND AVE STE 160
    PORTLAND,OR97223
    NONE CHARITY PARENT SUPPORT FOR LATINX FAMILIES 5,000
    CASA FOR CHILDREN (MULTNOMAH CO)
    1401 NE 68TH AVE
    PORTLAND,OR97213
    NONE CHARITY SUPPORT FOSTER COURT ADVOCATES 8,000
    CATALYST LAW INSTITUTE (DBA THE
    COMMONS LAW CENTER)
    810 NW MARSHALL ST 300
    PORTLAND,OR97209
    NONE CHARITY ESTATE PLANS FOR AFRICAN AMERICANS 5,000
    CHILD ADVOCATES
    8200 HAVERSTICK RD 240
    INDIANAPOLIS,IN46240
    NONE CHARITY YOUTH ADVOCATES PROGRAM FOR FOSTER 10,000
    CHILDREN'S CENTER
    1713 PENN LANE
    OREGON CITY,OR97045
    NONE CHARITY CHILD ABUSE ASSESSMENT PROGRAM 7,500
    CHILDRENS MUSEUM OF INDIANAPOLIS
    3000 N MERIDIAN ST
    INDIANAPOLIS,IN46208
    NONE CHARITY MID NORTH PROMISE PROGRAM 10,000
    CHILDREN'S THERAPLAY FOUNDATION
    9919 TOWNE RD
    CARMEL,IN46032
    NONE CHARITY FUND TRAUMA-INFORMED CARE SPECIALIST 10,000
    CICOA AGING & IN-HOME SOLUTIONS
    8440 WOODFIELD CROSSING
    BLVD
    INDIANAPOLIS,IN46240
    NONE CHARITY SAFETY MODIFICATIONS FOR SENIORS 10,000
    CLACKAMAS WOMEN'S SERVICES
    256 WARNER MILNE RD
    OREGON CITY,OR97045
    NONE CHARITY LATINA SERVICES PROGRAM 8,000
    COBURN PLACE SAFE HAVEN
    604 E 38TH ST
    INDIANAPOLIS,IN46205
    NONE CHARITY CASE MGMT SERVICES-ABUSE SURVIVORS 10,000
    COMMUNITY TRANSITIONAL SCHOOL
    6601 NE KILLINGSWORTH ST
    PORTLAND,OR97218
    NONE CHARITY TRANSPORT PROGRAM FOR HOMELESS KIDS 5,000
    COMPUTERS FOR REUSE
    PO BOX 601
    INDIANAPOLIS,IN46206
    NONE CHARITY TECHNOLOGY PROGRAM 1,000
    CONSTRUCTING HOPE
    405 NE CHURCH ST
    PORTLAND,OR97211
    NONE CHARITY CONSTRUCTION TRAINING FOR UNEMPLOYED 8,000
    CUPCAKE GIRLS
    830 NE HOLLADAY ST
    PORTLAND,OR97232
    NONE CHARITY SURVIVOR DIRECT CARE PROGRAMMING 7,500
    DAMAR SERVICES
    6067 DECATUR BLVD
    INDIANAPOLIS,IN46241
    NONE CHARITY EXPAND FOSTER FAMILY TRAINING 8,500
    DOMESTIC VIOLENCE NETWORK
    9245 N MERIDIAN ST 235
    INDIANAPOLIS,IN46208
    NONE CHARITY SELF-SUFFICIENCY FUND FOR DV VICTIMS 10,000
    DRESS FOR SUCCESS PORTLAND
    1532 NE 37TH AVE STE B
    PORTLAND,OR97232
    NONE CHARITY WORKFORCE DEVELOPMENT PROGRAM 5,000
    EDUCATE BEYOND ALL BARRIERS
    PO BOX 601
    INDIANAPOLIS,IN46206
    NONE CHARITY HSE/GED PROGRAM 1,000
    EXCEED ENTERPRISES
    5285 SE MALLARD WAY
    MILWAUKIE,OR97222
    NONE CHARITY EXPAND WORK FUTURES PROGRAM 6,000
    FAMILY OF FRIENDS MENTORING
    1333 NW EASTMAN PKWY
    GRESHAM,OR97030
    NONE CHARITY COHORT MODEL FOR LOW INCOME CHILDREN 7,500
    FIDO (FRIENDS OF INDIANAPOLIS DOGS
    OUTDOORS)
    1505 N SHERMAN DR
    INDIANAPOLIS,IN46201
    NONE CHARITY OUTDOORS DOGS OF LOW INCOME PEOPLE 1,000
    FRIENDS INVOLVED WITH DOG OUTREACH
    (FIDO)
    PO BOX 3265
    OREGON CITY,OR97045
    NONE CHARITY PET SUPPLIES AND VET FOR LOW INCOME 5,000
    GENNESARET FREE CLINICS
    615 N ALABAMA ST STE 136
    INDIANAPOLIS,IN46204
    NONE CHARITY BARRIER BUSTER FUNDS FOR CLIENTS 5,000
    GIRLS INC OF INDIANAPOLIS
    3935 N MERIDIAN ST
    INDIANAPOLIS,IN46208
    NONE CHARITY EMPOWER HUBS SPRING BREAK CAMP 5,000
    GIRLS INC OF THE PACIFIC NORTHWEST
    4800 S MACADAM AVE 309
    PORTLAND,OR97239
    NONE CHARITY GIRLS GROUP PROGRAMS 6,000
    GLEANERS FOOD BANK OF INDIANA
    3737 N WALDEMERE AVE
    INDIANAPOLIS,IN46241
    NONE CHARITY SUPPORT NEW HOME DELIVERY SERVICE 5,000
    GREATER PORTLAND AREA CHAPTER OF
    NATIONAL AMBUCS (DBA PDXAMBUCS)
    2408 SW CANBY ST
    PORTLAND,OR97219
    NONE CHARITY ADAPTED TRICYCKLES FOR SPECIAL NEEDS 5,000
    HEALTH & HOSPITAL CORP OF MARION CO
    DBA ESKENAZI HEALTH
    3838 N RURAL ST
    INDIANAPOLIS,IN46205
    NONE CHARITY CANCER PATIENT SUPPORT PROGRAM 10,500
    HEART AND SOUL CLINIC
    17338 WESTFIELD PARK RD
    STE 1
    WESTFIELD,IN46074
    NONE CHARITY LAB WORK FOR UNDERINSURED PATIENTS 7,000
    HOPE ACADEMY
    3919 MADISON AVE STE 1400
    INDIANAPOLIS,IN46227
    NONE CHARITY GUIDING PATHS TO SUCCESS PROGRAM 10,000
    IMPACT NW
    PO BOX 33530
    PORTLAND,OR97292
    NONE CHARITY HOMELESSNESS PREVENTION SERVICES 8,000
    INDIANA CANINE ASSISTANT NETWORK
    5100 CHARLES CT STE 100
    ZIONSVILLE,IN46077
    NONE CHARITY TRAINING ASSISTANCE CANINE/CLIENTS 8,330
    JOY'S HOUSETMP ENTERPRISES
    2024 BROAD RIPPLE AVE
    INDIANAPOLIS,IN46220
    NONE CHARITY GUEST RELATIONS FOR DISABLED ADULTS 10,000
    LITERARY ARTS
    925 SW WASHINGTON ST
    PORTLAND,OR97205
    NONE CHARITY WRITERS IN THE SCHOOLS PROGRAM 6,000
    LITTLE RED DOOR CANCER AGENCY
    1801 N MERIDIAN ST
    INDIANAPOLIS,IN46202
    NONE CHARITY RIDES FOR LOW INCOME CANCER PATIENTS 10,000
    MEDICAL TEAMS INTERNATIONAL
    PO BOX 4288
    PORTLAND,OR97208
    NONE CHARITY MOBILE HEALTH CLINICS 6,800
    METROPOLITAN FAMILY SERVICE
    1010 SE STARK ST
    PORTLAND,OR97214
    NONE CHARITY ECONOMIC EMPOWERMENT PROGRAM 8,000
    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 FOR MD 5,000
    NEIGHBORHOOD HOUSE
    7780 SW CAPITAL HWY
    PORTLAND,OR97219
    NONE CHARITY AGING SERVICES PROGRAM 8,000
    NEUROTHERAPEUTIC THERAPIES
    113 N ELM ST
    CANBY,OR97013
    NONE CHARITY INTERNSHIP PROGRAM FOR NEW THERAPIST 6,000
    NORTHWEST HOUSING ALTERNATIVES
    2316 SE WILLARD STREET
    MILWAUKIE,OR97222
    NONE CHARITY HOUSING STABILITY SUPPORT EDUCATION 7,500
    OREGON BALLET THEATRE
    720 S BANCROFT ST
    PORTLAND,OR97229
    NONE CHARITY SUPPORT BALLET EDUCATION IN SCHOOLS 5,000
    OREGON MUSEUM OF SCIENCE & INDUSTRY
    (OMSI)
    1945 SE WATER AVE
    PORTLAND,OR97214
    NONE CHARITY TEEN ENGAGEMENT PROGRAMS 7,500
    OTIS R BOWEN CENTER FOR HUMAN
    SERVICES (ENCHANTED HILLS CENTER)
    9799 E EXCALIBUR PL
    CROMWELL,IN46732
    NONE CHARITY REHABILITATED HOUSING PROJECT 15,000
    OUTSIDE IN
    1132 SW 13TH AVE
    PORTLAND,OR97205
    NONE CHARITY EMPLOYMENT EDUCATION RESOUCE CENTER 8,000
    OUTWARD BOUND PORTLAND
    (DBA NORTHWEST OUTWARD BOUND SCHOOL)
    1411 SW MORRISON ST 250
    PORTLAND,OR97205
    NONE CHARITY UNDERSERVED MIDDLE SCHOOLERS PROGRAM 5,000
    PARROTT CREEK CHILD & FAMILY
    SERVICES
    1001 MOLALLA AVE STE 209
    OREGON CITY,OR97045
    NONE CHARITY LIFEGUARDS EXTENSION PROGRAM 7,500
    PIANO SANTA FOUNATION
    PO BOX 90214
    PORTLAND,OR97280
    NONE CHARITY PIANO REPAIR FOR STUDENTS 1,500
    PDX DIAPER BANK
    PO BOX 22613
    PORTLAND,OR97269
    NONE CHARITY EXPAND SPACE/STAFF FOR DIAPER NEEDS 5,000
    PORTLAND AFTER SCHOOL TENNIS
    (DBA PORTLAND TENNIS & EDUCATION)
    7519 N BURLINGTON AVE
    PORTLAND,OR97203
    NONE CHARITY HIGH SCHOOL ACADEMY PROGRAM 5,000
    PORTLAND HOMELESS FAMILY SOLUTIONS
    6220 SE 92ND AVENUE
    PORTLAND,OR97266
    NONE CHARITY HOUSING & RETENTION SPECIALIST 8,000
    PORTLAND RESCUE MISSION
    PO BOX 3713
    PORTLAND,OR97208
    NONE CHARITY STAFFING HOMELESS OUTREACH PROGRAM 8,000
    PORTLAND STREET MEDICINE
    2717 NE BROADWAY ST
    PORTLAND,OR97232
    NONE CHARITY MEDICAL VAN FOR OUTREACH PROGRAM 7,500
    PORTLAND YOUTHBUILDERS
    4816 SE 92ND
    PORTLAND,OR97266
    NONE CHARITY CONSTRUCTION TRAINING PROGRAM 6,000
    PUBLIC ADVOCATES IN COMMUNITY
    RE-ENTRY (PACE)
    2855 N KEYSTONE AVE 170
    INDIANAPOLIS,IN46218
    NONE CHARITY EMPLOYMENT SERVICES 10,000
    RAPHAEL HOUSE OF PORTLAND
    4110 SE HAWTHORNE BLVD
    STE 503
    PORTLAND,OR97214
    NONE CHARITY FAMILY SERVICE STABILITY PROGRAM 7,500
    RETURNING VETERANS PROJECT
    PO BOX 14035
    PORTLAND,OR97293
    NONE CHARITY VOLUNTEER PROVIDER EXPANSION PROGRAM 3,000
    RISING DIVAS
    9364 GULL LAKE DRIVE
    INDIANAPOLIS,IN46239
    NONE CHARITY SELF SUFFICIENCY COURSES 1,000
    ROSE HAVEN
    PO BOX 10405
    PORTLAND,OR97296
    NONE CHARITY MARGINALIZED HOMELESS ADVOCACY 8,000
    SAME AS U
    1685 N 10TH
    NOBLESVILLE,IN46060
    NONE CHARITY DEVELOPMENTAL DISABILITY TAS 5,000
    SERENDIPITY CENTER
    PO BOX 33350
    PORTLAND,OR97292
    NONE CHARITY POST-COVID SPECIAL NEEDS SUPPORT 6,000
    SEXUAL ASSAULT RESOURCE CENTER
    4900 SW GRIFFIN DR
    BEAVERTON,OR97005
    NONE CHARITY COUNSELING PROGRAM SOFTWARE SYSTEM 7,500
    STARFISH
    (STARFISH INITIATIVE)
    2955 N MERIDIAN ST 110
    INDIANAPOLIS,IN46208
    NONE CHARITY STAFF MENTORING PROGRAM 10,000
    STORE TO DOOR
    7730 SW 31ST AVE
    PORTLAND,OR97219
    NONE CHARITY GROCERY DELIVERY & VISITATION SERV 8,000
    TEENWORKS
    2820 N MERIDIAN ST 1250
    INDIANAPOLIS,IN46208
    NONE CHARITY TRANSITION MANAGER FOR STUDENTS 10,000
    VILLAGE OF MERICI
    5707 LAWTON LOOP E DR 22
    INDIANAPOLIS,IN46216
    NONE CHARITY BOOKS SETS FOR ADULTS W/DISABILITIES 10,000
    VILLAGES OF INDIANA
    3833 N MERIDIAN ST
    INDIANAPOLIS,IN46208
    NONE CHARITY SERVICES FOR KINSHIP CARE FACILITIES 10,000
    WALLACE (WALLACE MEDICAL CONCERN)
    18633 SE STARK ST 401
    PORTLAND,OR97233
    NONE CHARITY INTEGRATIVE CARE PROGRAMS 7,500
    WRYC FOUNDATION
    1400 E 74TH ST
    INDIANAPOLIS,IN46240
    NONE CHARITY MATCH FOR MILFOIL TREATMENT 1,000
    YOUTH RIGHTS & JUSTICE
    1785 NE SANDY BLVD 300
    PORTLAND,OR97232
    NONE CHARITY FOSTER EDUCATION ADVOCACY 8,000
    Total .................................bullet 3a 561,705
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ...........
        14 127  
    4 Dividends and interest from securities ....          
    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 ............
            156,369
    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) ..   440,612 156,369
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    596,981
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,795     4,795
    PAYROLL PROCESSING FEES 1,911 38   1,873

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 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 2021 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     896,776 846,930     49,846  
    SEE DETAIL - JP MORGAN SHORT TERM   PURCHASE     853,080 859,091     -6,011  

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBVIE INC - 22,000 SHS 22,360 21,997
    AMERICAN EXPRESS - 20,000 SHS 20,089 19,990
    AMERN INTL GROUP - 15,000 SHS 17,058 14,072
    ANTHEM INC - 11,000 SHS    
    APPLIED MATERIALS - 21,000 SHS 22,339 21,131
    ASTRAZENECA PLC - 21,000 SHS 23,775 20,912
    ATHENE HLDG LTD - 18,000 SHS 19,889 16,925
    AT&T INC - 24,000 SHS 28,552 23,631
    BANK OF AMERICA - 20,000 SHS 21,157 20,192
    CHARTER COMM OPT - 16,000 SHS 15,443 14,949
    CLOROX COMPANY - 25000 SHS    
    COSTCO WHSL CORP - 24,000 SHS 23,946 21,531
    CVS HEALTH CORP - 25000 SHS    
    DIAGEO CAP PLC - 14,000 SHS 15,129 12,429
    DIGITAL REALTY - 10,000 SHS 11,517 9,038
    DOLLAR GENERAL CORP - 20,000 SHS 21,316 20,007
    DUKE ENERGY CORP - 20,000 SHS 21,094 19,979
    ECOLAB INC - 22,000 SHS 21,486 21,200
    ELEVANCE HEALTH INC - 11,000 SHS 11,367 9,399
    ENTERPRISE PRODUCTS - 21,000 SHS 21,774 20,974
    EQUINIX INC - 20,000 SHS 21,595 18,587
    FIDELITY NATIONAL - 25,000 SHS 24,909 20,291
    GENERAL DYNAMICS - 21,000 SHS 19,612 20,439
    GOLDMAN SACHS - 20,000 SHS 20,693 20,062
    HCA INC - 10,000 SHS 11,637 9,838
    HERSHEY CO - 13,000 SHARES 13,117 11,642
    ISHARES 20+ TREASURY - 857 SHS    
    ISHARE US TREASURY - 5,658 SHS    
    KEYCORP - 17,000 SHARES 15,227 14,749
    LAM RESH CORP - 16,000 SHS 16,603 13,501
    LOWES COS INC - 24,000 SHS 22,866 20,272
    L3HARRIS TECH INC - 21,000 SHS 25,195 20,624
    MID-AMERICA APTS - 22,000 SHS 23,526 19,164
    MORGAN STANLEY - 20,000 SHS 20,617 19,957
    NEWELL RUBBERMAID - 17,000 SHS 18,001 16,851
    NIKE INC - 17,000 SHARES 18,812 15,617
    PACKAGING CORP OF AMER - 13,000 SHS 13,726 12,941
    PEPSICO INC - 26,000 SHS 25,325 21,335
    PUBLIC SERVICE ELEC - 22,000 SHS 21,796 21,200
    PUB STORAGE - 15,000 SHS 16,938 14,245
    PUB STORAGE - 14,000 SHS 16,223 13,044
    REPUBLIC SERVICES - 20,000 SHS 20,240 19,613
    ROGERS COMMUNICATIONS - 20,000 SHS 21,417 20,117
    ROPER TECHNOLOGIES - 21,000 SHS 21,419 20,497
    SHERWIN-WILLIAMS CO - 17,000 SHS 16,800 14,346
    SIX CIRCLES CREDIT - 14,574.4 SHS 135,542 127,089
    STRYKER CORP - 20,000 SHS 20,674 19,895
    SYSCO CORP - 25000 SHS    
    TIME WARNER CABLE - 25000 SHS    
    UNION PACIFIC CORP - 21,000 SHS 21,332 20,744
    UNITEDHEALTH GROUP - 20,000 SHS 21,258 19,973
    US BANCORP - 22,000 SHS 20,999 20,744
    VANGUARD TTL INTL - 1,311.09 SHS 28,411 25,933
    VANGUARD TOTAL BOND - 2,610 SHS 221,350 196,429
    VANGUARD MORT BACKED - 1,937 SHS 104,755 92,608
    VANGUARD ST BOND - 2,300 SHS 189,386 176,617
    VANGUARD TOTAL INTL BOND - 2,771 SHS 147,828 137,275
    VERISIGN INC - 10,000 SHS 10,519 10,052
    VERISIGN INC - 18,000 SHS 15,087 14,485
    XYLEM INC - 21,000 SHS 19,817 20,349

    TY 2021 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 109,981 139,234
    FIDELITY INTL INDEX - 11,080.677 SHS 533,482 441,343
    ISHARES CORE MSCI - 7,108. SHARES 433,397 418,306
    ISHARES CORE MSCI - 4,926 SHS    
    ISHARES MSCI EAFE - 5,040 SHARES 246,638 314,950
    JPM BTABLDRS ASIA - 5,947 SHARES 301,683 283,612
    JPMORGAN BETA CANADA - 7,779 SHS 374,125 456,938
    JPMORGAN BETA EUROPE - 8,076 SHS 431,150 372,142
    JPMORGAN BETA JAPAN - 8,722 SHARES 420,658 384,379
    SIX CIRCLES INTL - 126,048.47 SHS 1,235,340 1,128,134
    SIX CIRCLES US - 111,310.56 SHARES 1,148,481 1,334,614
    SPDR S&P 500 ETF - 13,789 SHARES 2,430,563 5,201,900

    TY 2021 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 2021 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 8,502 7,138 7,138


    TY 2021 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 3,267     3,267
    OFFICE SUPPLIES 3,104     3,104
    POSTAGE 1,785     1,785
    PROPERTY & LIABILITY INSURANC 1,575     1,575
    TELEPHONE 4,656     4,656
    BOND PREMIUM AMORTIZATION 8,074 8,074    
    WEBSITE 1,666     1,666
    PARKING 76     76


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 77,203     77,203


    TY 2021 TaxesSchedule
    Name:
    HOOVER FAMILY FOUNDATION
    EIN:
    35-1873953
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 1,806 1,806    
    PERSONAL PROPERTY TAX 25     25