Form 990 for tax year 2024
Filed by HOOVER PRESIDENTIAL FOUNDATION.
Totals
- Total revenue
- $7,181,887
- Total expenses
- $15,195,135
- Contributions and grants received
- $6,633,754
- Grants paid
- $14,039,409
- Program service revenue
- $3,105
- Investment income
- $529,409
- Other revenue
- $15,619
- Total assets, end of year
- $15,809,100
- Total liabilities, end of year
- $1,284,798
- Net assets or fund balances, end of year
- $14,524,302
- Program services expenses (Part IX)
- $14,367,907
- Management and general expenses
- $639,698
- Fundraising expenses
- $187,530
- Program service expenses (Part III)
- $14,367,907
Program services were 94.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$70,441
-
1f · All other contributions, gifts and grants
$6,563,313
-
1g · Noncash contributions included above
$663,492
-
2a · Program service revenue: EVENT INCOME/FEES
total $3,105 · related or exempt $3,105
-
3 · Investment income
total $529,409 · related or exempt $529,409
-
11a · Other revenue: OTHER REVENUE
total $15,619 · related or exempt $15,619
-
11e · Other revenue, total
$15,619
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $13,916,688 · program services $13,916,688
-
2 · Grants to domestic individuals
total $122,721 · program services $122,721
-
5 · Compensation of officers, directors and key employees
total $448,944 · program services $131,300 · management and general $240,013 · fundraising $77,631
-
7 · Other salaries and wages
total $226,535 · program services $67,191 · management and general $116,098 · fundraising $43,246
-
9 · Other employee benefits
total $88,927 · program services $23,972 · management and general $58,423 · fundraising $6,532
-
10 · Payroll taxes
total $43,381 · program services $13,317 · management and general $22,558 · fundraising $7,506
-
11c · Fees: accounting
total $68,169 · management and general $68,169
-
12 · Advertising and promotion
total $30,630 · program services $7,705 · fundraising $22,925
-
13 · Office expenses
total $37,796 · program services $13,209 · management and general $8,765 · fundraising $15,822
-
14 · Information technology
total $31,209 · program services $3,588 · management and general $27,621
-
16 · Occupancy
total $18,742 · program services $13,440 · management and general $3,762 · fundraising $1,540
-
17 · Travel
total $6,411 · program services $4,083 · management and general $750 · fundraising $1,578
-
22 · Depreciation, depletion and amortization
total $51,886 · management and general $51,886
-
23 · Insurance
total $19,791 · management and general $19,791
-
24a · Other expenses: MISCELLANEOUS
total $47,956 · program services $21,695 · management and general $15,511 · fundraising $10,750
-
24b · Other expenses: EVENT
total $15,953 · program services $15,536 · management and general $417
-
24c · Other expenses: REPAIRS & MAINTENANCE
total $10,689 · program services $8,840 · management and general $1,849
-
24d · Other expenses: HONORARIUMS
total $3,303 · program services $3,303
-
24e · All other expenses
total $5,404 · program services $1,319 · management and general $4,085
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $258,324 · end of year $79,052
-
2 · Savings and temporary cash investments
beginning of year $7,565,865 · end of year $520,614
-
3 · Pledges and grants receivable
beginning of year $1,014,805 · end of year $1,266,013
-
4 · Accounts receivable
end of year $1,292,949
-
9 · Prepaid expenses and deferred charges
beginning of year $3,170 · end of year $3,269
-
10a · Land, buildings and equipment: cost or other basis
$919,348
-
10b · Land, buildings and equipment: accumulated depreciation
$151,637
-
10c · Land, buildings and equipment, net
beginning of year $805,749 · end of year $767,711
-
11 · Investments: publicly traded securities
beginning of year $12,091,477 · end of year $11,879,492
-
17 · Accounts payable and accrued expenses
beginning of year $220,896 · end of year $1,239,798
-
18 · Grants payable
beginning of year $57,925 · end of year $45,000
-
27 · Net assets without donor restrictions
beginning of year $3,947,037 · end of year $2,871,710
-
28 · Net assets with donor restrictions
beginning of year $17,513,532 · end of year $11,652,592
Mission and programs · 2024
Mission
THE HOOVER PRESIDENTIAL FOUNDATION PROMOTES AND SUPPORTS THE HERBERT HOOVER PRESIDENTIAL LIBRARY-MUSEUM, NATIONAL HISTORIC SITE, AND OTHER PROGRAMS THAT ENHANCE THE UNDERSTANDING OF HERBERT HOOVER AS PRESIDENT AND HUMANITARIAN.
Activities or mission (Part I)
THE HOOVER PRESIDENTIAL FOUNDATION PROMOTES AND SUPPORTS THE HERBERT HOOVER PRESIDENTIAL LIBRARY MUSEUM, NATIONAL HISTORIC SITE, AND OTHER PROGRAMS THAT ENHANCE THE UNDERSTANDING OF HERBERT HOOVER AS PRESIDENT AND HUMANITARIAN.
-
THE HOOVER PRESIDENTIAL FOUNDATION PROMOTES AND SUPPORTS THE HERBERT HOOVER PRESIDENTIAL LIBRARYMUSEUM, NATIONAL HISTORIC SITE, AND OTHER PROGRAMS THAT ENHANCE THE UNDERSTANDING OF HERBERT HOOVER AS PRESIDENT AND HUMANITARIAN.
Expenses $13,919,273 · Grants $13,916,688
-
SCHOLARSHIPS AND GRANTS THE ORGANIZATION AWARDS TRAVEL GRANTS TO SCHOLARS TO DEFRAY COSTS OF TRAVELING TO WEST BRANCH TO CONDUCT RESEARCH IN THE HOOVER PRESIDENTIAL LIBRARY ARCHIVES. BUS TRAVEL GRANTS ARE MADE TO SCHOOLS TO HELP COVER COSTS OF SCHOOL FIELD TRIPS TO THE HOOVER PRESIDENTIAL LIBRARY AND MUSEUM. UNCOMMON STUDENT AWARDS ARE MADE TO IOWA HIGH SCHOOL JUNIORS IN THE AMOUNT OF 1,500 FOR A PROJECT THEY WISH TO ACCOMPLISH. UNCOMMON STUDENT SCHOLARSHIPS ARE MADE TO FOUR STUDENTS IN THE AMOUNT OF 10,000 FOR USE IN THEIR FRESHMAN AND SOPHOMORE YEARS IN COLLEGE, OR TECHNICAL PROGRAM.
Expenses $406,374 · Grants $122,721
-
MEMBERSHIP PROGRAM THE ORGANIZATION CONDUCTS SEVERAL EVENTS AND OTHER ITEMS OF INTEREST TO ATTRACT VISITORS AND MEMBERS TO THE PRESIDENTIAL LIBRARY AND MUSEUM. EVENTS AND OTHER ITEMS OF APPEAL ARE USED TO ATTRACT NEW MEMBERS TO THE FOUNDATION.
Expenses $42,260
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Mundi McCartyMUNDI MCCARTY
CEO
- Total calculated
- $194,924
- From this org
- $155,555
- From related orgs
- $0
- Other
- $39,369
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,555
- Bonus
- not reported
- Other
- not reported
- Deferred
- $16,590
- Nontaxable benefits
- $22,779
- Filer's total
- $194,924
-
Shelly MottSHELLY MOTT
VICE PRESIDE
- Total calculated
- $124,465
- From this org
- $105,659
- From related orgs
- $0
- Other
- $18,806
- Hours/week
- 40
-
Ryan JohnsonRYAN JOHNSON
DIRECTOR OF
- Total calculated
- $71,709
- From this org
- $64,643
- From related orgs
- $0
- Other
- $7,066
- Hours/week
- 40
-
Elizabeth CorridanELIZABETH CORRIDAN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Bruce BarnhartBRUCE BARNHART
1ST VICE CHA
- Total calculated
- $0
- Hours/week
- 1
-
Allan Hoover IIIALLAN HOOVER III
2ND VICE CHA
- Total calculated
- $0
- Hours/week
- 1
-
Emily SchmittEMILY SCHMITT
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Steve HowesSTEVE HOWES
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
H Eugene AndersonH EUGENE ANDERSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brett BarkerBRETT BARKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Charlie BeckerCHARLIE BECKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John BergeJOHN BERGE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Zach BohannonZACH BOHANNON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth BrownKENNETH BROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
P Barry ButlerP BARRY BUTLER
PAST CHAIRMA
- Total calculated
- $0
- Hours/week
- 1
-
Willis BywaterWILLIS BYWATER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer CrallJENNIFER CRALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mary Bywater CrossMARY BYWATER CROSS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tyler De HaanTYLER DE HAAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David DierksDAVID DIERKS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ann Barber DoyleANN BARBER DOYLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth FawcettKENNETH FAWCETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Charles FunkCHARLES FUNK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Waldo GeigerWALDO GEIGER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Adam GreggADAM GREGG
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ruth HausRUTH HAUS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Alexander HooverALEXANDER HOOVER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
James HooverJAMES HOOVER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Leslie Hoover-LaubleLESLIE HOOVER-LAUBLE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Margaret HooverMARGARET HOOVER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer HowardJENNIFER HOWARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth KinseyKENNETH KINSEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Haig MardikianHAIG MARDIKIAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeanita McNultyJEANITA MCNULTY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Darrel MorfDARREL MORF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sally NovetzkeSALLY NOVETZKE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Karen SuchomelKAREN SUCHOMEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert SwainROBERT SWAIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeremiah TerharkJEREMIAH TERHARK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Peter VoorheesPETER VOORHEES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Stephen WolkenSTEPHEN WOLKEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
HOOVER PRESIDENTIAL MUSEUM
$13,916,688
MUSEUM SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 16 July 2026
- IRS schema version
- 2024v5.0
- Source object
- 202631989349301218
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.