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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
HOOVER FOUNDATION INCOME ACCOUNT
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1558 DEPT EA5W86
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
COLUMBUS, OH43216
A Employer identification number

34-6510994
B Telephone number (see instructions)

(614) 331-9046
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$70,474,676
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      
4 Dividends and interest from securities... 1,067,451 1,063,531  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,934,066
b Gross sales price for all assets on line 6a 12,200,036
7 Capital gain net income (from Part IV, line 2)... 2,934,066
8 Net short-term capital gain......... 0
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)....... 637,234 637,234  
12 Total. Add lines 1 through 11........ 4,638,751 4,634,831  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 192,767 96,383   96,383
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... 1,250 0 0 1,250
c Other professional fees (attach schedule).... 95,056 95,056   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 71,688 2,174   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 6,215     6,215
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 366,976 193,613 0 103,848
25 Contributions, gifts, grants paid....... 2,999,540 2,999,540
26 Total expenses and disbursements. Add lines 24 and 25 3,366,516 193,613 0 3,103,388
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,272,235
b Net investment income (if negative, enter -0-) 4,441,218
c Adjusted net income (if negative, enter -0-)... 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............. 2,328    
2 Savings and temporary cash investments......... 2,895,169 1,581,010 1,581,010
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
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)....... 19,862,964 Click to see attachment21,237,071 52,853,828
c Investments—corporate bonds (attach schedule)....... 14,373,581 Click to see attachment14,900,540 14,815,788
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 500,000 Click to see attachment1,224,050 1,224,050
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 37,634,042 38,942,671 70,474,676
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...........    
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........ 37,634,042 38,942,671
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)..... 37,634,042 38,942,671
30 Total liabilities and net assets/fund balances (see instructions). 37,634,042 38,942,671
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
37,634,042
2
Enter amount from Part I, line 27a .....................
2
1,272,235
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
97,802
4
Add lines 1, 2, and 3 ..........................
4
39,004,079
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
61,408
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
38,942,671
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.)
1 a 9453.02 AIM INVT FDS INVESCO INVT FDS     2021-09-23
b 1000. ACTIVISION BLIZZARD INC     2021-09-23
c 500. ADOBE SYS INC W/1 RT/SH   2002-10-31 2021-05-13
d 50. AMAZON.COM INC   2009-07-09 2021-01-04
e 100000. AMAZON COM INC   2015-06-24 2021-10-05
150000. AMGEN INC   2018-04-19 2021-12-29
1000. APPLE COMPUTER   2008-02-01 2021-04-27
250000. APPLE INC   2014-06-05 2021-01-20
150000. BANK AMER CORP   2021-11-18 2021-12-07
150000. BANK NOVA SCOTIA B C   2015-03-03 2021-07-21
150000. BARCLAYS BANK PLC SERIES GMTN 1.35% 01/0   2020-06-29 2021-07-02
200000. CVS HEALTH CORP   2015-11-23 2021-08-27
100000. CA INC   2018-06-18 2021-02-24
200000. CITIGROUP INC   2018-01-11 2021-01-20
100000. CITIGROUP INC   2019-10-23 2021-11-08
250. COSTCO WHOLESALE CORP   2020-04-15 2021-03-03
300. DANAHER CORP   2018-05-31 2021-04-27
300. DISNEY (WALT) CO   2008-05-22 2021-01-04
7645.26 E V ATLANTA CAP SMID CAP I   2013-11-01 2021-02-22
150000. ELECTRONIC ARTS INC   2018-03-22 2021-02-01
175000. EMERSON ELEC CO   2015-05-27 2021-11-01
150000. FNMA 1.375% 02/26/2021   2016-02-23 2021-02-26
1503.99 FEDERATED HERMES EQUITY FDS   2021-02-22 2021-05-03
2789.7 FEDERATED HERMES EQUITY FDS   2021-02-22 2021-05-13
500. FISERV INC   2019-06-25 2021-09-23
200. HOME DEPOT INC.   2004-01-21 2021-04-27
160000. HONEYWELL INTL INC   2020-09-24 2021-08-19
200000. IBM CR LLC   2019-03-05 2021-01-20
3000. INTEL CORP.   1991-10-07 2021-01-04
200000. INTEL CORP   2015-11-23 2021-01-20
400. INTUITIVE SURGICAL INC     2021-04-27
2000. ISHARES TR   2009-07-09 2021-01-20
650. ISHARES TR   2009-07-09 2021-12-08
2500. ISHARES TR NASDAQ BIOTECHNOLOGY INDEX FD   2007-04-16 2021-11-18
4500. ISHARES TR     2021-01-20
4600. ISHARES TR   2015-05-26 2021-12-07
1600. ISHARES TR   2020-02-20 2021-01-20
200000. JPMORGAN CHASE & CO SR NT 3.25%   2015-11-24 2021-12-08
100. LOCKHEED MARTIN (COMMON STOCK)   2018-03-01 2021-05-03
100. LOCKHEED MARTIN (COMMON STOCK)     2021-05-13
250. LULULEMON ATHLETICA INC   2020-04-15 2021-05-03
1500. MCCORMICK & CO INC COM NON VTG     2021-03-03
1000. MERCK CO INC     2021-03-03
1000. MERCK CO INC   2011-02-23 2021-09-23
250. MERCK CO INC   2021-05-03 2021-09-23
1000. MICROSOFT CORP   2000-07-07 2021-01-04
200000. MORGAN STANLEY   2017-02-21 2021-11-17
100000. NEXTERA ENERGY CAP HLDGS INC   2019-01-14 2021-12-22
800. NORTHROP GRUMMAN CORP W/1 RT/SH   2003-09-22 2021-01-04
500. NORTHROP GRUMMAN CORP W/1 RT/SH     2021-03-03
150000. ORACLE CORP   2016-04-19 2021-07-08
25. ORGANON & CO   2021-05-03 2021-06-14
100. ORGANON & CO   2011-02-23 2021-06-14
150. ORGANON & CO     2021-11-18
50. ORGANON & CO   2021-01-04 2021-11-18
750. PEPSICO INC   2000-10-12 2021-05-13
5000. PFIZER INC   1989-04-04 2021-01-04
100000. PHILIP MORRIS INTL INC   2015-04-09 2021-08-27
100000. PUBLIC SVC ENTERPRISE GROUP INC   2019-05-01 2021-11-15
200000. SANTANDER UK PLC   2020-02-20 2021-03-23
4000. SCHLUMBERGER LTD.     2021-04-27
50. SHERWIN WILLIAMS CO   1986-04-10 2021-01-04
1250. SOUTHERN CO     2021-03-03
150000. TEXTRON INC   2018-05-16 2021-03-01
250. THERMO ELECTRON CORP W/1 RT/SH   2008-06-10 2021-05-03
250. THERMO ELECTRON CORP W/1 RT/SH   2008-06-10 2021-06-14
600. TIMKEN CO   1987-10-19 2021-01-04
250000. TOYOTA MOTOR CREDIT CORP 2.750%   2014-11-18 2021-01-20
275000. US TREASURY N/B 2.875% 05/15/2028     2021-12-20
200000. US T-NOTES 3.125% 11/15/2028   2020-08-28 2021-12-20
100000. US TREASURY N/B 2% 10/31/2021   2014-11-18 2021-10-31
178500. UNITED STATES TREAS NTS   2011-03-25 2021-01-15
150000. US TREASURY N/B 1.25% 03/31/2021   2016-04-15 2021-03-31
250000. US TREASURY N/B 1.5% 02/15/2030   2020-08-28 2021-01-20
100000. US TREASURY N/B 1.5% 02/15/2030   2020-08-28 2021-12-20
200000. UNITEDHEALTH GROUP INC   2015-11-24 2021-12-15
1000. V F CORP W/1 RT/SH   2009-06-17 2021-05-25
1240. VIATRIS INC   1989-04-04 2021-01-04
166000. WELLS FARGO & CO. 3.500%   2015-11-24 2021-03-02
150000. WISCONSIN ELEC PWR CO   2015-11-24 2021-06-16
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
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CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(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 502,144   425,000 77,144
b 74,700   71,995 2,705
c 237,725   5,940 231,785
d 160,016   3,914 156,102
e 100,000   101,606 -1,606
151,848   151,181 667
134,211   4,779 129,432
251,903   252,078 -175
154,250   154,731 -481
150,000   152,226 -2,226
150,000   150,000  
204,576   205,492 -916
104,540   99,296 5,244
200,886   200,172 714
100,000   101,697 -1,697
81,307   77,479 3,828
77,279   29,901 47,378
52,773   10,077 42,696
300,000   180,122 119,878
150,000   152,198 -2,198
175,000   175,525 -525
150,000   149,830 170
100,000   105,083 -5,083
168,749   194,917 -26,168
54,886   45,120 9,766
64,330   7,040 57,290
160,000   160,315 -315
200,164   199,240 924
150,926   3,750 147,176
204,194   209,702 -5,508
345,591   186,306 159,285
255,025   201,440 53,585
83,917   65,468 18,449
385,668   67,313 318,355
495,370   492,098 3,272
273,101   253,031 20,070
211,907   204,376 7,531
204,226   202,376 1,850
38,104   33,845 4,259
38,916   31,009 7,907
84,065   50,181 33,884
126,211   75,113 51,098
72,580   32,840 39,740
73,600   30,884 42,716
18,400   17,890 510
218,303   41,375 176,928
200,000   198,524 1,476
104,256   99,781 4,475
237,863   33,484 204,379
149,520   149,994 -474
150,000   157,305 -7,305
761   884 -123
3,042   1,525 1,517
4,759   1,694 3,065
1,586   1,907 -321
110,100   35,436 74,664
183,019   11,465 171,554
100,538   102,702 -2,164
100,000   98,157 1,843
208,854   207,814 1,040
104,681   29,430 75,251
36,155   337 35,818
71,288   27,231 44,057
150,000   150,968 -968
117,045   14,561 102,484
117,307   14,561 102,746
45,235   7,174 38,061
252,013   253,408 -1,395
301,813   320,622 -18,809
224,070   240,398 -16,328
100,000   99,840 160
178,500   171,332 7,168
150,000   150,123 -123
260,469   268,545 -8,076
101,359   107,418 -6,059
200,000   203,022 -3,022
77,532   13,246 64,286
22,846   1,264 21,582
166,604   172,511 -5,907
150,000   153,356 -3,356
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
      127,430
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       77,144
b       2,705
c       231,785
d       156,102
e       -1,606
      667
      129,432
      -175
      -481
      -2,226
       
      -916
      5,244
      714
      -1,697
      3,828
      47,378
      42,696
      119,878
      -2,198
      -525
      170
      -5,083
      -26,168
      9,766
      57,290
      -315
      924
      147,176
      -5,508
      159,285
      53,585
      18,449
      318,355
      3,272
      20,070
      7,531
      1,850
      4,259
      7,907
      33,884
      51,098
      39,740
      42,716
      510
      176,928
      1,476
      4,475
      204,379
      -474
      -7,305
      -123
      1,517
      3,065
      -321
      74,664
      171,554
      -2,164
      1,843
      1,040
      75,251
      35,818
      44,057
      -968
      102,484
      102,746
      38,061
      -1,395
      -18,809
      -16,328
      160
      7,168
      -123
      -8,076
      -6,059
      -3,022
      64,286
      21,582
      -5,907
      -3,356
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2,934,066
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 0
3 Add lines 1 and 2........................... 3 61,733
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 61,733
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 56,948
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 56,948
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 4,785
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 taxBullet0 RefundedBullet 11 0
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
 
No
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)
    bulletOH
    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 .Click to see attachment
    8b
     
    No
    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 addressbullet  
    14
    The books are in care ofbulletHUNTINGTON NATIONAL BANK Telephone no.bullet (614) 331-9046

    Located atbulletPO BOX 1558 DEPT EA5W86COLUMBUSOH ZIP+4bullet43216
    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
     
    No
    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
    HUNTINGTON NATIONAL BANK TRUSTEE
    4
    192,767    
    PO Box 1558 Dept EA5W86
    Columbus,OH43216
    LAWRENCE R HOOVER CHAIRPERSON
    4
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    TIMOTHY D SCHILTZ COMMITTEE MEMBER
    1
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    CHARLES H HOOVER COMMITTEE MEMBER
    1
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    TIMOTHY R HOOVER COMMITTEE MEMBER
    1
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    TERRY A MOORE COMMITTEE MEMBER
    1
    0    
    400 MARKET AVE N STE 210
    CANTON,OH44702
    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 0
    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.............bullet0
    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  
    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
    63,897,513
    b
    Average of monthly cash balances.......................
    1b
    1,815,449
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    65,712,962
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    65,712,962
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    985,694
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    64,727,268
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,236,363
    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
    3,236,363
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    61,733
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    61,733
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,174,630
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,174,630
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    3,174,630
    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 3,174,630
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 162,603
    b From 2017...... 228,167
    c From 2018...... 292,428
    d From 2019...... 314,214
    e From 2020...... 407,056
    f Total of lines 3a through e ........ 1,404,468
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,103,388
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2021 distributable amount..... 3,103,388
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 71,242 71,242
    (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 1,333,226
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    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......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    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) .......
    0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...
    91,361
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    1,241,865
    10 Analysis of line 9:
    a Excess from 2017.... 228,167
    b Excess from 2018.... 292,428
    c Excess from 2019.... 314,214
    d Excess from 2020.... 407,056
    e Excess from 2021....  
    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).)
    NONE
    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.
    NONE
    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:
    LAWRENCE HOOVER
    400 MARKET AVE N STE 210
    CANTON,OH44702
    (330) 580-2568
    bThe form in which applications should be submitted and information and materials they should include:
    LETTER STATING AMOUNT AND PURPOSE FOR WHICH GRANT IS REQUESTED.
    cAny submission deadlines:
    NONE THE FOUNDATION MAKES GIFTS AND GRANTS PRINCIPALLY TO PUBLIC-SUPPORTED
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    COMMUNITY FUNDS, HOSPITALS AND HEALTH AGENCIES,COLLEGES AND COMMUNITY ORGANIZATIONS. THE FOUNDATION DOES NOT MAKE GRANTS TO INDIVIDUALS.
    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
    STARK STATE COLLEGE FOUNDATION
    6200 FRANK AVE NW
    NORTH CANTON,OH44720
    NONE PC SUPPORT OF COLLEGE 30,000
    ACCESS HEALTH CARE STARK COUNTY
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 25,000
    AMERICAN HEART ASSOCIATION
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC HEALTH/MEDICAL RESEARCH FOR 10,000
    AMERICAN RED CROSS
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC PROVIDE OPERATIONAL FUNDS 30,000
    HERITAGE CHRISTIAN SCHOOL
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC SUPPORT OF SCHOOL 37,840
    KENT STATE UNIVERSITY FOUNDATION
    PO BOX 5190
    KENT,OH44242
    NONE PC EDUCATION 50,000
    LEADERSHIP STARK COUNTY
    222 MARKET AVE N
    CANTON,OH44702
    NONE PC GENERAL SUPPORT 10,000
    NORTH CANTON CITY SCHOOLS
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC EDUCATION 75,500
    SCORE
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC COMMUNITY SERVICE 12,500
    STARK COUNTY MENTAL HEALTH &
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT FOR 50,000
    TOMTOD IDEAS
    715 MARKET AVE N
    Canton,OH44702
    NONE PC GENERAL SUPPORT 10,000
    YMCA OF WESTERN STARK COUNTY
    131 TREMONT AVE SE
    Massillon,OH44646
    NONE PC GENERAL SUPPORT 20,000
    STARK COUNTY HUNGER TASK FORCE
    408 9TH ST SW STE 1637
    CANTON,OH44707
    NONE PC SUPPLY FOOD TO PANTRIES IN 15,000
    A COMMUNITY CHRISTMAS
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 5,000
    AKRON CANTON REGIONAL FOODBANK
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 17,500
    AKRON-CANTON REGIONAL FOODBANK
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 250,000
    ARTS IN STARK
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 225,000
    AULTMAN HOSPITAL
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 175,000
    CANTON EX NEWSBOYS ASSOCIATION
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 5,000
    CANTON MUSEUM OF ART
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 30,000
    CANTON SYMPHONY ORCHESTRA
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 50,000
    CHILD & ADOLESCENT BEHAVIORAL HEALTH
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 5,000
    CITY OF CANTON OH
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 50,000
    CITY OF NORTH CANTON CITY
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 20,000
    COLLEGE OF WOOSTER
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 1,000
    COMMQUEST
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 36,400
    COMMUNITY BUILDING PARTNERSHIP
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 50,000
    CULVER EDUCATIONAL FOUNDATION
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 7,500
    DENISON UNIVERSITY
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 1,000
    EN-RICH-MENT
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 29,000
    FELLOWSHIP BAPTIST CHURCH
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 10,000
    GIRL SCOUTS OF NORTH EAST OHIO
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 12,000
    HAMMER & NAILS
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 36,000
    HARTVILLE MIGRANT COUNCIL
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 10,000
    ICAN INC
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 100,000
    J BABE STEARN COMMUNITY CENTER
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 100,000
    JRC
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 25,000
    JUNIOR ACHIEVEMENT OF NORTH CENTRAL OH
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 15,000
    LEGACY OF STARK PROJECT
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 15,000
    MALONE UNIVERSITY
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 278,000
    MASSACHUSETTS INSTITUTE OF TECHNOLOGY
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 1,000
    MCKINLEY PRESIDENTIAL LIBRARY
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 33,900
    MERCY HOSPITAL SERVICE LEAGUE
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 25,000
    MERCYHURST UNIVERSITY
    501 E 38TH ST
    ERIE,PA16546
    NONE PC SUPPORT OF UNIVERSITY 2,000
    MUSKINGUM UNIVERSITY
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 600
    NORTH CANTON PLAYHOUSE
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 10,000
    NORTH CANTON YMCA
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 30,000
    OHIO FOUNDATION OF INDEPENDENT COLLEGES
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 65,000
    OHIO OUTDOOR HISTORICAL DRAMA
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 5,000
    PATHWAY CARING FOR CHILDREN
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 25,000
    REFUGE OF HOPE
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC COMMUNITY SERVICES 20,000
    STARK ECONOMIC DEVELOPMENT BOARD
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 41,000
    STARK EDUCATION PARTNERSHIP
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 60,000
    STUMP HILL FARMS
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 48,000
    TEAM NEO
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 20,000
    THE ABCD INC
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 5,000
    THE LEGACY OF STARK PROJECT
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 70,000
    TURNING POINT OF STARK COUNTY
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 20,000
    UNITED WAY OF GREATER STARK COUNTY
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 320,000
    UNIVERSITY OF MOUNT UNION
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 166,000
    VANDERBILT UNIVERSITY
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 300
    WALSH UNIVERSITY
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 28,000
    WATOES OUTREACH PROGRAMS
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 12,000
    YMCA OF CENTRAL STARK COUNTY
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 27,500
    YOUNG LIFE OF STARK COUNTY
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 10,000
    YOUNGSTOWN STATE UNIVERSITY FOUNDATION
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 10,000
    YWCA CANTON
    C/O HUNTINGTON BANK PO BOX 1558 E
    COLUMBUS,OH43216
    NONE PC GENERAL SUPPORT 10,000
    Total .................................bullet 3a 2,999,540
    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 ...........
             
    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 ............
        18 2,934,066  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP/S-CORP
        1 626,248  
    bOTHER INCOME     1 10,986  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   4,638,751  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,638,751
    (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 FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,250     1,250

    TY 2021 ExplnOfNonFilingWithAGStmt
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Statement:
    The Ohio Attorney General requires that charitable organizations operating or organized within the State submit an annual registration through an online portal that highlights key information from the Form 990-PF for public disclosure purposes. The Trust completes this registration as required in lieu of furnishing a copy of its Form 990-PF to comply with the specific reporting instructions of the State of Ohio.

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Name of Bond End of Year Book Value End of Year Fair Market Value
    037833AK6 APPLE INC 149,315 153,427
    05348EAR0 AVALONBAY COMMUNITIE 102,270 102,102
    744448CF6 PUBLIC SVC CO COLO 97,385 100,362
    25466AAK7 DISCOVER BANK 3.35% 148,733 153,596
    91324PCH3 UNITEDHEALTH GROUP I    
    92826CAC6 VISA INC 201,730 203,583
    80283LAX1 SANTANDER UK PLC 2.8    
    70450YAC7 PAYPAL HLDGS INC 151,035 155,035
    06747Q3B1 BARCLAYS BANK PLC SE    
    912828VB3 US TREASURY NOTE 1.7 191,305 203,250
    912828Z94 US TREASURY N/B 1.5% 161,127 150,727
    025816BM0 AMERICAN EXPRESS CO 196,228 201,955
    037833DN7 APPLE INC 213,397 205,223
    718172AL3 PHILIP MORRIS INTL I    
    89236TBJ3 TOYOTA MOTOR CREDIT    
    437076AZ5 HOME DEPOT INC 92,837 101,937
    86562MBV1 SUMITOMO MITSUI FINL 202,834 204,596
    713448CG1 PEPSICO INC 99,952 102,442
    778296AA1 ROSS STORES INC 154,601 157,314
    91324PCC4 UNITEDHEALTH GROUP I 102,642 102,438
    912828PP9 UNITED STATES TREASU    
    912828X47 US TREASURY N/B 1.87 194,570 201,125
    46625HJE1 JPMORGAN CHASE & CO    
    58013MEM2 MCDONALDS CORP MTN D 101,662 100,055
    61746BED4 MORGAN STANLEY SERIE    
    747525AU7 QUALCOMM INC 215,660 215,597
    29736RAN0 ESTEE LAUDER COS INC 158,339 153,910
    94974BFC9 WELLS FARGO & CO. 3. 35,333 34,196
    61761JVL0 MORGAN STANLEY 149,600 159,514
    670346AM7 NUCOR CORP 101,592 104,195
    883203BT7 TEXTRON INC 3.65% 03    
    78015K7H1 ROYAL BANK OF CANADA 152,886 148,236
    912828TY6 US TREASURY NOTE 1.6 254,752 252,656
    3135G0J20 FNMA 1.375% 02/26/20    
    65339KAG5 NEXTERA ENERGY CAPIT    
    91159HHX1 U S BANCORP MEDIUM T 157,380 154,858
    976656CD8 WISCONSIN ELECTRIC P    
    001055AM4 AFLAC INC 99,424 106,767
    912828F96 US TREASURY N/B 2% 1    
    037833AR1 APPLE INC NOTE DTD 0    
    458140AJ9 INTEL CORP 3.300% 10    
    14913Q3B3 CATERPILLAR FINL SER 152,535 154,042
    172967LC3 CITIGROUP INC 2.9% 1    
    285512AC3 ELECTRONIC ARTS INC    
    354613AJ0 FRANKLIN RES INC 152,198 152,291
    58933YAQ8 MERCK & CO INC NEW 2 149,342 150,324
    59562VAY3 MIDAMERICAN ENERGY H 105,890 104,356
    89114RXN1 TORONTO-DOMINION BAN 149,775 148,195
    912828P79 US TREASURY N/B 1.5% 99,621 101,172
    912828Q37 US TREASURY N/B 1.25    
    06406RAG2 BANK OF NY MELLON CO 104,949 103,607
    110122CY2 BRISTOL MYERS SQUIBB 97,893 102,233
    12673PAH8 CA INC 3.6% 08/15/20    
    200340AS6 COMERICA INC 100,586 103,988
    291011BF0 EMERSON ELECTRIC CO    
    438516CC8 HONEYWELL INTL INC 40,079 39,981
    458140AM2 INTEL CORP 203,932 204,097
    62944TAE5 NVR INC 156,773 152,246
    68389XBA2 ORACLE CORP    
    064159FL5 BANK OF NOVA SCOTIA    
    9128286H8 US TREASURY 2.375% 0 149,771 150,680
    9128285M8 US T-NOTES 3.125% 11 360,598 333,469
    912828T91 US TREASURY N/B 1.62 149,748 152,531
    313379Q69 FHLB 2.125% 06/10/20 103,269 100,848
    023135AM8 AMAZON.COM CALLABLE    
    126650CK4 CVS HEALTH CORP CALL    
    740189AG0 PRECISION CASTPARTS 150,687 152,226
    744573AK2 PUBLIC SERVICE ENTER    
    3134G3Z52 FHLMC 2% 06/19/2023- 101,690 102,072
    031162BN9 AMGEN INC CALLABLE 3    
    002824BA7 ABBOTT LABS 100,460 100,437
    316773CL2 FIFTH THIRD BANCORP 154,115 150,428
    548661CW5 LOWES COS INC 154,416 150,315
    09062XAE3 BIOGEN INC 99,900 102,061
    14040HBD6 CAPITAL ONE FINL COR 97,855 103,614
    24422EVG1 JOHN DEERE CAPITAL C 150,525 150,031
    30040WAD0 EVERSOURCE ENERGY 102,000 103,451
    459200JC6 INTERNATIONAL BUSINE 153,788 152,852
    69371RQ90 PACCAR FINANCIAL COR 149,996 148,850
    9128284N7 US TREASURY N/B 2.87 232,180 217,875
    9128283U2 US TREASURY N/B 2.37 99,281 102,063
    9128284S6 US TREASURY N/B 2.75 149,338 154,617
    912828M56 UNITED STATES TREAS 97,660 104,156
    06051GFF1 BANK AMER CORP 101,686 106,308
    912828Y95 US TREASURY N/B 1.87 277,949 272,495
    172967KK6 CITIGROUP INC 2.7% 0    
    44932HAG8 IBM CREDIT LLC 2.65%    
    142339AG5 CARLISLE COS INC 103,237 105,348
    278642AN3 EBAY INC 152,550 150,612
    445658CE5 HUNT J B TRANS SVCS 150,005 151,806
    912828ZC7 US TREASURY N/B 1.12 151,225 150,516
    020002BH3 ALLSTATE CORP 149,750 145,723
    370334CL6 GENERAL MLS INC 218,484 208,350
    91282CDB4 US TREASURY N/B .625 149,619 148,781
    3135G05Y5 FNMA .75% 10/08/2027 146,102 144,367
    3135G0Q22 FNMA 1.875% 09/24/20 157,705 154,060
    02665WDS7 AMERICAN HONDA FINAN 150,189 147,652
    231021AU0 CUMMINS INC 99,840 97,957
    912828Y87 US TREASURY N/B 1.75 336,205 332,262
    912828ZT0 US TREASURY N/B .25% 268,082 267,438
    126650DG2 CVS HEALTH CORP 191,324 185,848
    91282CCA7 US TREASURY INFL IX 167,893 170,689
    34959EAA7 FORTINET INC 1% 03/1 98,887 96,912
    38141GXP4 GOLDMAN SACHS GROUP 200,132 199,225
    79466LAG9 SALESFORCE COM INC 100,195 99,016
    863667BA8 STRYKER CORP 100,686 99,047
    911312BM7 UNITED PARCEL SVC IN 306,643 295,444
    37045XBQ8 GENERAL MTRS FINL CO 189,488 189,026
    437076BT8 HOME DEPOT INC 215,018 211,458
    06051GJF7 BANK AMER CORP 265,199 262,811
    26442CAX2 DUKE ENERGY CAROLINA 207,557 194,941
    91282CBC4 US TREASURY N/B .375 147,064 145,359
    63743HEU2 NATIONAL RURAL UTILI 149,412 147,665
    009158BC9 AIR PRODUCTS & CHEMI 209,914 200,305
    808513BN4 SCHWAB CHARLES CORP 100,340 99,542
    9128285U0 US TREASURY N/B 2.62 371,838 363,016
    912828P46 US TREASURY N/B 1.62 257,588 254,258
    00206RJY9 AT&T INC 2.75% 06/01 184,147 177,670
    384802AE4 GRAINGER W W INC 156,981 152,614
    46647PBL9 JPMORGAN CHASE & CO 251,201 252,099
    14040HBT1 CAPITAL ONE FINL COR 158,730 157,882
    67066GAL8 NVIDIA CORP 100,236 99,082

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Name of Stock End of Year Book Value End of Year Fair Market Value
    461202103 INTUIT 120,603 385,932
    02079K305 ALPHABET INCORPORATI 283,088 869,112
    030420103 AMERICAN WTR WKS CO 34,929 188,860
    00507V109 ACTIVISION BLIZZARD    
    00724F101 ADOBE SYS INC 11,880 567,060
    166764100 CHEVRON CORP NEW 72,367 404,858
    253868103 DIGITAL RLTY TR INC 144,362 176,870
    46625H100 JPMORGAN CHASE CO 287,226 831,338
    579780206 MCCORMICK INC/MD    
    65339F101 NEXTERA ENERGY INC 138,069 653,520
    67103H107 O'REILLY AUTOMOTIVE 60,259 141,246
    773903109 ROCKWELL AUTOMATION 58,333 87,213
    61756E461 MORGAN STANLEY INSTL 75,000 96,702
    57636Q104 MASTERCARD INC 231,021 431,184
    G29183103 EATON CORP PLC 129,138 432,050
    464288588 ISHARES MBS ETF    
    464288661 ISHARES 3-7 YEAR TRE    
    464287499 ISHARES TR 542,937 1,099,883
    031162100 AMGEN INC 58,860 224,970
    037833100 APPLE INC 340,115 2,574,765
    071813109 BAXTER INTL INC 67,118 214,600
    097023105 BOEING CO 102,584 150,990
    20825C104 CONOCOPHILLIPS 56,175 72,180
    22160K105 COSTCO WHOLESALE COR 102,320 567,700
    254687106 DISNEY WALT CO 155,433 619,560
    278865100 ECOLAB INC 72,997 117,295
    30303M102 FACEBOOK INC CL-A 122,289 420,438
    452308109 ILLINOIS TOOL WKS IN 102,828 123,400
    539830109 LOCKHEED MARTIN CORP 44,535 53,312
    58933Y105 MERCK CO INC 72,907 153,280
    75513E101 RAYTHEON TECHNOLOGIE 41,746 172,120
    872540109 TJX COS INC NEW 7,751 75,920
    882508104 TEXAS INSTRS INC 88,070 565,410
    883556102 THERMO FISHER SCIENT 29,122 333,620
    550021109 LULULEMON ATHLETICA    
    277902698 E V ATLANTA CAP SMID 319,878 559,922
    717081103 PFIZER INC 11,465 295,250
    92532F100 VERTEX PHARMACEUTICA 108,878 109,800
    92556V106 VIATRIS INC    
    46432F842 ISHARES TR 287,489 432,912
    032654105 ANALOG DEVICES INC 115,615 175,770
    532457108 ELI LILLY CO 153,723 276,220
    55261F104 MT BANK CORP 131,206 153,580
    824348106 SHERWIN WILLIAMS CO 107,052 950,832
    92343V104 VERIZON COMMUNICATIO 176,446 311,760
    92939U106 WEC ENERGY GROUP INC 47,840 48,535
    00143W859 INVESCO OPPENHEIMER    
    04314H667 ARTISAN PARTNERS FDS 500,000 623,706
    580135101 MCDONALDS CORP 50,540 750,596
    464287507 ISHARES TR 1,054,435 2,123,100
    464287556 ISHARES NASDAQ BIOTE    
    464287465 ISHARES TR 1,234,572 1,573,600
    020002101 ALLSTATE CORP 11,508 117,650
    17275R102 CISCO SYS INC 214,677 506,960
    22822V101 CROWN CASTLE INTL CO 202,835 365,295
    28176E108 EDWARDS LIFESCIENCES 103,432 388,650
    30231G102 EXXON MOBIL CORP 65,398 208,046
    87612E106 TARGET CORP 82,445 231,440
    88160R101 TESLA INC 153,947 369,873
    89417E109 TRAVELERS COS INC 51,617 156,430
    464287234 ISHARES TR 497,364 586,200
    464287804 ISHARES TR 1,248,378 1,889,415
    149123101 CATERPILLAR INC 118,719 516,850
    437076102 HOME DEPOT INC 112,640 1,328,032
    458140100 INTEL CORP 3,750 154,500
    007903107 ADVANCED MICRO DEVIC 144,163 287,800
    025816109 AMERICAN EXPRESS CO 106,130 163,600
    14040H105 CAPITAL ONE FINL COR 88,918 145,090
    244199105 DEERE CO 40,255 342,890
    46120E602 INTUITIVE SURGICAL I 302,284 538,950
    478160104 JOHNSON JOHNSON 106,314 342,140
    512807108 LAM RESH CORP 169,172 359,575
    742718109 PROCTER GAMBLE CO/T 170,211 224,923
    855244109 STARBUCKS CORP 53,773 292,425
    921937710 VANGUARD BD INDEX FD 388,337 1,729,398
    256206103 DODGE COX INTERNATI 450,000 480,206
    26441C204 DUKE ENERGY CORP NEW 47,110 104,900
    666807102 NORTHROP GRUMMAN COR    
    67066G104 NVIDIA CORP 318,422 1,176,440
    701094104 PARKER-HANNIFIN CORP 59,328 79,530
    871829107 SYSCO CORP 97,003 137,463
    91324P102 UNITEDHEALTH GROUP I 486,258 803,424
    918204108 V F CORPORATION    
    92826C839 VISA INC 227,704 541,775
    G1151C101 ACCENTURE PLC-CL A 49,199 414,550
    921937686 VANGUARD BD INDEX FD 561,297 1,004,803
    806857108 SCHLUMBERGER NV    
    464287176 ISHARES TR 337,992 432,820
    235851102 DANAHER CORP 200,122 477,065
    02079K107 ALPHABET INCORPORATI 132,913 868,077
    023135106 AMAZON COM INC 375,288 2,083,963
    09247X101 BLACKROCK INC 199,700 457,780
    337738108 FISERV INC 137,842 207,580
    438516106 HONEYWELL INTL INC 70,668 104,255
    654106103 NIKE INC 65,689 666,680
    713448108 PEPSICO INC 109,175 434,275
    74340W103 PROLOGIS INC 195,468 454,572
    863667101 STRYKER CORP 79,407 133,710
    H1467J104 CHUBB LTD 111,080 193,310
    649280815 NEW WORLD FD INC NEW 350,000 543,059
    98978V103 ZOETIS INC 117,864 341,642
    46434G103 ISHARES INC 48,566 71,832
    110122108 BRISTOL MYERS SQUIBB 25,475 155,875
    002824100 ABBOTT LABS 35,796 211,110
    594918104 MICROSOFT CORP 283,684 3,026,880
    842587107 SOUTHERN CO/THE    
    91913Y100 VALERO ENERGY CORP N 42,812 150,220
    931142103 WAL MART STORES INC 101,804 144,690
    887389104 TIMKEN CO 47,819 277,160
    907818108 UNION PAC CORP 21,184 377,895
    464288638 ISHARES TR 349,031 379,328
    060505104 BANK AMER CORP 324,321 511,635
    11135F101 BROADCOM INC 261,967 399,246
    92206C771 VANGUARD SCOTTSDALE 456,026 445,705
    444859102 HUMANA INC 206,767 231,930
    7591EP100 REGIONS FINL CORP NE 23,060 21,800
    053484101 AVALONBAY CMNTYS INC 53,413 63,148
    35671D857 FREEPORT-MCMORAN INC 55,078 62,595
    464288612 ISHARES TR 752,946 730,844
    169656105 CHIPOTLE MEXICAN GRI 146,794 174,825
    260557103 DOW INC 48,263 42,540
    936793744 WASATCH FDS TR 250,000 236,386
    231021106 CUMMINS INC 186,042 174,512
    09260B747 BLACKROCK FDS V 176,080 176,080
    038222105 APPLIED MATLS INC 127,936 157,360
    171340102 CHURCH & DWIGHT CO I 43,210 51,250

    TY 2021 InvestmentsOtherSchedule2
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    STARK BOARD OF TRADE LLC AT COST 1,224,050 1,224,050

    TY 2021 OtherDecreasesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Description Amount
    MUTUAL FUND TIMING ADJ 53,598
    PURCHASE OF ACCRUED INTEREST 7,810


    TY 2021 OtherExpensesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER NON-ALLOCABLE EXPENSE - 6,015 0   6,015
    STATE FILING/TAX PAYMENT 200 0   200


    TY 2021 OtherIncomeSchedule2
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME 10,986 10,986  
    FROM PARTNERSHIP/S-CORP 626,248 626,248  


    TY 2021 OtherIncreasesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Description Amount
    STARK BOARD LLC PY BASIS ADJ 97,802


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER EXPENSE (NON-DEDUCTIBLE 95,056 95,056    


    TY 2021 TaxesSchedule
    Name:
    HOOVER FOUNDATION INCOME ACCOUNT
    EIN:
    34-6510994
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 1,487 1,487   0
    FEDERAL TAX PAYMENT - PRIOR YE 12,928 0   0
    FEDERAL ESTIMATES - PRINCIPAL 56,586 0   0
    FOREIGN TAXES ON NONQUALIFIED 687 687   0