2024-10-01T15:01:59-05:00 2023-12-31 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990PF 2023-01-01 522107093 The Eric D & Steven D Hovde Foundation ERIC 6082555175 122 West Washington Ave Suite 350 Madison WI 53703 Randy Guenther President 6082555175 2024-09-30 1 1 Deb Nelson CPA P01264758 6122536500 2024-09-30 2023 2024-10-15 13:58:12Z X 9171095 X 4406 X 48148 48148 107592 109389 107592 47067 47067 207213 202807 149430 0 149430 35134 0 35134 8717 0 8717 92399 0 92399 11065 0 11065 169085 97021 75904 41505 0 14840 26530 0 95870 0 92201 44770 9345 31852 674505 106366 511542 1913120 1699391 2587625 106366 2210933 -2380412 96441 1942174 1639536 1639536 7531 49627 7531 7531 700 700 442800 279759 279759 7224937 5813413 5813413 1643032 212876 1453100 1430156 1430156 11112638 9171095 9171095 20786 256934 20786 256934 X 11091852 8914161 11091852 8914161 11112638 9171095 11091852 -2380412 202721 8914161 0 8914161 M3 Partners P 109389 109389 109389 HealthX Ventures I P 1797 -1797 -1797 107592 1341 0 1341 0 1341 18268 0 0 0 18268 0 16927 16927 0 0 0 0 0 0 0 0 0 0 0 1 1 DC WI 1 0 0 0 0 1 www.hovdefoundation.org Nicole Bice 6083101966 122 West Washington Ave Suite 350 Madison WI 53703 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Eric D Hovde 122 West Washington Ave Suite 350 Madison WI 53703 Trustee 2.00 0 0 0 Steven D Hovde 122 West Washington Ave Suite 350 Madison WI 53703 Trustee 1.00 0 0 0 Nicole Bice 122 West Washington Ave Suite 350 Madison WI 53703 Executive Director 40.00 149430 19139 0 NONE 0 NONE 0 Many Hopes rescues children from oppression and raises them to be adults of influence equipped to do justice for others, causing exponential impact. Through their partnerships with organizations in 6 countries, Many Hopes walks with children through six stages of the Arc to Influence child development model. Over 1468 children have benefitted their support in 2023. 930916 The Peru Hovde House houses 24 girls, all victims of sexual abuse. This home is a shelter, where the girls find refuge, love, education, healthcare, nutrition, and parenting skills while their aggressors face justice. The girls do not return home until their aggressors are in jail. The Hovde Foundation support operating expenses. 245927 The Cost Rica Hovde House - Face of Justice, aims to stop child trafficking and commercial exploitation through prevention, intervention and restoration services. Face of Justice currently runs temporary housing facility for 24 children rescued from harmful situations. This year, the Hovde Foundation provided support to the continue the construction of a new, permanent home to care for an additional 24 girls. 133547 Bolivia Hovde House Our partner, Alalay, provides holistic care and education to street children in Bolivia. The Hovde Home specifically cares for 30 abandoned and abused girls who were working the streets of La Paz and El Alto. This year, the Hovde Foundation provided support for general operating expenses. 107710 0 4439196 3828982 554292 8822470 0 0 8822470 132337 8690133 434507 434507 1341 1341 433166 0 433166 0 433166 2210933 0 2210933 433166 0 0 200698 371271 960423 636383 2122813 4291588 2210933 0 0 0 433166 1777767 0 0 6069355 0 0 0 0 0 0 200698 5868657 371271 960423 636383 2122813 1777767 Eric D Hovde Steven D Hovde X Asociacion Nuevo Amanecer Juntos Jr Abtao 1450 Hunuco PE None PC - Equivalency Det Hovde House Peru - operations 245927 Challenging Heights PO Box KN 1979 Kaneshie Accra GH None PC - Equivalency Det Hovde House Ghana 100000 Clean Lakes Alliance 150 East Gilman St Ste 2600 Madison WI 53703 None PC Table sponsorship for annual meeting 15000 Escuela de La Calle Diagonal 15 18-84 Las Rosas Zona 5 Quetzaltengango GT None PC - Equivalency Det Guatemala Operating Expenses 50000 Extended Hands Pantry Inc 5603 Calico Dr Madison WI 53718 None PC Warehouse Upgrades 10000 Hogar de Ninos Alalay Av Munoz Reyes entre calles 25 y 26 de Cota Cota No 100 La Paz BL None PC - Equivalency Det Hovde House Bolivia 107710 Hope for Life PO Box 75684 Seattle WA 98175 None PC Support Rwanda youth with trauma informed interventions to escape homelessness 30000 Horizon High School of Madison PO Box 45045 Madison WI 53744 None PC Horizon Grant - Summer School 2023 5000 Junior Achievement of Wisconsin 2800 Royal Ave Ste 207 Monona WI 53713 None PC 2022-23 Dane Area Corporate Campaign 1000 Local 311 Charities 33 Nob Hill Road Madison WI 53713 None PC Richard Garner Memorial Scholarship Fund 1000 Many Hopes 85 Parkway Road 2 Bronxville NY 10708 None PC General contribution to Many Hopes in support of other partners in several countries 716187 One City Schools Foundation Inc 1707 W Broadway Madison WI 53713 None PC Capital Campaign Support 50000 Pothawira International 7 N Fair Manor Cir Spring TX 77382 None PC Support initiatives for women & children in Malawi 51339 Rostro je la Justicia Avenida 15 400 Norte y 50 este de la Iglesia Santa Teresita Barrio Escalante San Jose CS None PC - Equivalency Det Construction costs for Costa Rica Hovde House 41228 Salvation Army 630 E Washington Ave Madison WI 53703 None PC Support of Capital Campaign 150000 The Playing Field 3910 Mineral Point Rd Madison WI 53705 None PC The World We Imagine 25000 The River Food Pantry 2201 Darwin Rd Madison WI 53704 None PC River Food Pantry Pledge 50000 Thorn 222 Pacific Coast Highway El Segundo CA 90245 None PC First disbursement of 5 year commitment of $250,000 50000 1699391 Many Hopes 85 Parkway Road 2 Bronxville NY 10708 None PC General contribution 214729 214729 14 48148 14 47067 18 107592 0 202807 0 202807 0 0 0 0 0 0 0 0 0 0 Accounting Fees 11065 0 11065 Hovde Group - EPlus, Inc 279759 279759 M3 Partners, LP FMV 2870214 2870214 HealthX Ventures Fund I LP FMV 156091 156091 HealthX Ventures Fund II LP FMV 397150 397150 NR Legardo De Esperanza FMV 30576 30576 Midwest Advisors FMV 2358331 2358331 Brookfield Business Partners, LP FMV 1051 1051 Land 326470 0 326470 326470 Buildings 1298056 201728 1096328 1096328 Furniture and Equipment 18506 11148 7358 7358 Legal Fees 92399 0 92399 Office Expense 6556 0 2983 Information Technology 6518 0 6518 Workers Compensation Insurance 6836 0 6836 Other Investment Expenses 9345 9345 0 Miscellaneous Expenses 8937 0 8937 Insurance 1000 0 1000 Marketing 5578 0 5578 Other Investment Income 99893 99893 99893 M3 Partners Passthrough Investment -20392 -20392 -20392 HealthX Ventures I Passthrough Investment -10534 -10534 -10534 HealthX Ventures II Passthrough Investment -21900 -21900 -21900 Brookfield Business Partners Passthrough Investment 0 0 0 Unrealized Gain/Loss 202721 Investment Management Fees 97021 97021 0 Contract Labor 72064 0 75904 Excise Taxes 26665 0 0 Payroll Taxes 14840 0 14840