2026-07-23T09:08:12-05:00 2025-12-31 391659894 MEICHER CPAS LLP 2349 DEMING WAY SUITE 300 MIDDLETON WI 53562 990PF 2025-01-01 522107093 THE ERIC D & STEVEN D HOVDE FOUNDATION ERIC 6082555175 122 WEST WASHINGTON AVE 350 MADISON WI 53703 ERIC HOVDE TRUSTEE 6082555175 2026-07-07 1 MEICHER CPAS LLP P03240551 6088261900 2025 2025-03-06 01:10:19Z X 8120874 X 2200000 105538 105538 51786 51786 327241 3436400 327241 201 201 2684766 484766 111657 0 111657 16305 0 16305 6255 0 6255 12205 0 12205 11473 0 11473 11060 0 11060 48015 0 37795 0 37795 285796 164133 121663 540561 164133 328413 1932001 1422108 2472562 164133 1750521 212204 320633 1175592 1405667 1405667 4200 10235 4200 4200 400000 0 0 400000 400000 700 4200 4200 17566 17566 307301 3876235 3715056 4352743 1921912 275149 1792400 1646763 1646763 6872728 7193452 8120874 60928 5756 0 511714 60928 517470 X 6811800 6675982 6811800 6675982 6872728 7193452 6811800 212204 13358 7037362 361380 6675982 FROM K-1 HEALTHX VENTURES FUND I LP P 31153 31153 31153 FROM K-1 HEALTHX VENTURES FUND II LP P 52403 52403 52403 FROM K-1 M3 PARTNERS LP P 19628 19628 19628 FROM K-1 M3 PARTNERS LP P 96474 96474 96474 INTERACTIVE BROKERS P 2920826 2823063 97763 97763 INTERACTIVE BROKERS P 290526 286096 4430 4430 CAPITAL GAINS DIVIDENDS P 25390 25390 25390 327241 4457 0 4457 0 4457 11737 0 0 0 11737 0 7280 7280 0 0 0 0 0 0 0 0 0 0 0 1 1 WI 1 0 0 0 0 1 WWW.HOVDEFOUNDATION.ORG ERIC HOVDE 6082555175 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 111657 5583 0 NONE 0 NONE 0 MANY HOPES - MANY HOPES RESCUES CHILDREN FROM OPPRESSION AND EQUIPS THEM TO BECOME ADULTS OF INFLUENCE WHO PURSUE JUSTICE ON BEHALF OF OTHERS-CREATING A RIPPLE EFFECT OF IMPACT. THROUGH PARTNERSHIPS IN SIX COUNTRIES, THEY SUPPORT CHILDREN THROUGH ALL SIX STAGES OF THEIR ARC TO INFLUENCE CHILD DEVELOPMENT MODEL. MANY CHILDREN HAVE BENEFITED FROM THEIR SUPPORT IN 2025. 1010000 BOLIVIA HOVDE HOUSE - OUR PARTNER, ALALAY, PROVIDES HOLISTIC CARE AND EDUCATION FOR STREET CHILDREN. THE HOME SERVES 30 ABANDONED AND ABUSED GIRLS WHO WERE RESCUED FROM LIVING AND WORKING ON THE STREETS OF LA PAZ AND EL ALTO. THIS YEAR, THE HOVDE FOUNDATION SUPPORTED THE HOME'S GENERAL OPERATING EXPENSES. 150100 RWANDA HOVDE HOUSE - OUR PARTNER IN RWANDA, EQUIPPING, RESTORING AND MULTIPLYING "ERM" IN A JOINT EFFORT TO EXPAND ACCESS TO VOCATIONAL TRAINING FOR HIGHLY VULNERABLE YOUTH IN RWANDA, INCLUDING BUT NOT LIMITED TO INDIVIDUALS FROM IMPOVERISHED BACKGROUNDS, ORPHANS, YOUTH RECOVERING FROM SUBSTANCE ABUSE, AND THOSE WHO WERE UNABLE TO ACCESS FORMAL EDUCATION. THE PARTNERSHIP WILL SUPPORT THE ESTABLISHMENT OF THE HOVDE CAMPUS, WHICH WILL INCLUDE ONSITE DORMITORY FACILITIES FOR MALE STUDENTS - ADDRESSING A CRITICAL BARRIER TO ACCESS FOR STUDENTS WHO CURRENTLY TRAVEL LONG DISTANCES AND ARE OTHERWISE UNABLE TO ATTEND. THE CAMPUS WILL ALSO OFFER EXPANDED RECREATIONAL OPPORTUNITIES, SUPPORTING TEH IMPLEMENTATION OF A HOLISTIC MODEL OF EDUCATION AND REHABILITATION. 254458 COST RICA HOVDE HOUSE - FACE OF JUSTICE WORKS TO END CHILD TRAFFICKING AND COMMERCIAL SEXUAL EXPLOITATION THROUGH PREVENTION, INTERVENTION, AND RESTORATION PROGRAMS. THE ORGANIZATION OPERATES A TEMPORARY SHELTER FOR 24 GIRLS RESCUED FROM EXPLOITATION. IN 2025, THE HOVDE FOUNDATION PROVIDED SUPPORT TO FINISH THE CONSTRUCTION OF A NEW, PERMANENT HOME TO CARE FO AN ADDITIONAL 24 GIRLS. 308441 0 3877099 807789 550789 5235677 0 0 5235677 78535 5157142 257857 257857 4457 4457 253400 0 253400 0 253400 1750521 0 1750521 253400 0 0 960423 636383 2122813 1777767 1512575 7009961 1750521 0 0 0 253400 1497121 0 0 8507082 0 0 0 0 0 0 960423 7546659 636383 2122813 1777767 1512575 1497121 ERIC D HOVDE STEVEN D HOVDE X AKOLA ACADEMY 411 N AKARD ST STE 150 DALLAS TX 75201 PC GENERAL SUPPORT 10000 BETHEL HORIZONS FOUNDATION INC 312 WISCONSIN AVENUE MADISON WI 53703 PC GENERAL SUPPORT 25000 CHALLENGING HEIGHTS PO BOX KN 1979 KANESHIE ACCRA GH PC HOVDE HOUSE GHANA SUPPORT 100000 CLEAN LAKES ALLIANCE 150 EAST GILMAN ST STE 2600 MADISON WI 53703 PC 2025 PARTNERSHIP AGREEMENT 15000 CONSULTORES EMPRESARIALES MATA REDONDA TORRE 6 PISO 4 SAN JOSE CS PC HOVDE HOME COSTA RICA OPERATIONS 2477 ERM RWANDA MASAKA KICUKIRO KIGALI RW PC EDUCATIONAL EXPENSES FOR LEGACY HFL CHILDREN, PURCHASE OF EQUIPMENT AND FURNITURE FOR THE HOVDE FOUNDATION CAMPUS 94336 ESCUELA DE LA CALLE DIAGONAL 15 18-84 LAS ROSAS ZONA 5 QUETZALTENGANGO GT PC FINAL SCHOLARSHIP PAYMENT 2630 HOGAR DE NINOS ALALAY AV MUNOZ REYES ENTRE CALLES 25 Y 26 DE COTA COTA NO 100 LA PAZ BL PC HOVDE HOUSE BOLIVIA 150100 LEGADO DE ESPERANZA FOUNDATION 427 N TATNALL ST 88261 WILMINGTON DE 19801 PC HOVDE HOUSE HONDOURAS OPERATIONS 30576 MANY HOPES 85 PARKWAY ROAD 2 BRONXVILLE NY 10708 PC GENERAL CONTRIBUTION TO MANY HOPES IN SUPPORT OF OTHER PARTNERS IN SEVERAL COUNTRIES 770000 MILWAUKEE EDUCATION PARTNERSHIP 735 W WISCONSIN AVE MILWAUKEE WI 53233 PC MEP/FAFSA GRANT 7500 NATIONAL MULTIPLE SCLEROSIS SOCIETY 1120 JAMES DR STE A HARTLAND WI 53029 PC FUNDING DR. DROSU FOR POSTDOCTORAL RESEARCH FELLOWSHIP AT MASS GENERAL HOSPITAL 32921 POTHAWIRA INTERNATIONAL 7 N FAIR MANOR CIR SPRING TX 77382 PC SUPPORT INITIATIVES FOR WOMEN & CHILDREN IN MALAWI, HOVDE HOME COSTS 50000 SHELTER FROM THE STORM MINISTRIES PO BOX 152 SUN PRAIRIE WI 53590 PC IN KIND DONATION OF SUPPLIES 1568 THE RIVER FOOD PANTRY 2201 DARWIN RD MADISON WI 53704 PC CAPITAL CAMPAIGN SUPPORT 50000 THEY PLAYING FIELD 3910 MINERAL POINT RD MADISON WI 53705 PC CAPITAL CAMPAIGN SUPPORT 25000 THORN 222 PACIFIC COAST HIGHWAY EL SEGUNDO CA 90245 PC THIRD DISPURSEMENT OF 5 YEAR COMMITMENT OF $250,000 50000 UNITED MADISON CHRISTIAN GIVERS INC 635 SCIENCE DRIVE MADISON WI 53711 PC GENERAL SUPPORT 5000 1422108 AKOLA ACADEMY 411 N AKARD ST STE 150 DALLAS TX 75201 PC FUNDS APPROVED FOR GENERAL SUPPORT IN 2025 FOR 2026 15121 ERM RWANDA MASAKA KICUKIRO KIGALI RW PC FINISH WORK FOR CONSTRUCTION COSTS, OPERATIONAL EXPENSES 160122 EVERFREE 701 MOUNTAIN CREST DRIVE WIMBERLEY TX 78676 PC OPERATING EXPENSE SUPPORT 94650 MANY HOPES 85 PARKWAY ROAD 2 BRONXVILLE NY 10708 PC GENERAL CONTRIBUTION TO MANY HOPES IN SUPPORT OF OTHER PARTNERS IN SEVERAL COUNTRIES IN ACCORDANCE WITH GRANT AGREEMENT 240000 509893 14 105538 14 51786 01 201 18 327241 0 484766 0 484766 0 0 0 0 0 0 0 0 0 0 X X 1 ERIC D HOVDE 122 WEST WASHINGTON AVE SUITE 350 MADISON WI 53703 1100000 X 2 STEVEN D HOVDE 122 WEST WASHINGTON AVE SUITE 350 MADISON WI 53703 1100000 X ACCOUNTING FEES 12205 0 12205 EPLUS STOCK 17566 307301 M3 PARTNERS, LP FMV 687892 1325579 HEALTHX VENTURES FUND I LP FMV 152052 152052 HEALTHX VENTURES FUND II LP FMV 398737 398737 MIDWEST ADVISORS FMV 2476375 2476375 LAND 326470 0 326470 326470 BUILDINGS 1590463 273403 1317060 1317060 PERSONAL PROPERTY 4979 1746 3233 3233 UNREALIZED GAIN/LOSS 183544 WASH SALES DISALLOWED 177836 ADVERTISING 681 0 681 IT SERVICES 2434 0 2434 IT WEBSITE 903 0 903 OFFICE EXPENSE 5406 0 5406 SUBSCRIPTIONS 7235 0 7235 SUPPLIES 210 0 210 TELEPHONE 1169 0 1169 INSURANCE 5286 0 5286 OTHER COSTS 3145 0 3145 CONFERENCE 94125 0 94125 INVESTMENT EXPENSES 93524 93524 0 MEALS 1069 0 1069 FROM K-1 M3 PARTNERS LP 55829 55829 0 FROM K-1 HEALTHX VENTURES FUND I LP 4484 4484 0 FROM K-1 HEALTHX VENTURES FUND II LP 10296 10296 0 BATTEA CLASS ACTION SERVICES 201 201 201 RETURN OF CAPITAL FROM INVESTMENT 13358 GRANTS PAYABLE 0 509893 OTHER CURRENT LIABILITIES 0 1821 CONSULTANTS 11473 0 11473 PAYROLL TAXES 11060 0 11060