THE H HOVNANIAN FAMILY FOUNDATION
Annual Giving
$10.2M+3% YoY
Grants
73
Median Grant
$20K
Organizations Funded
62
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Foundation Overview
Mission
The H. Hovnanian Family Foundation commits its support primarily to the Armenian community, both in Armenia and in the United States, and in New Jersey, with a focus on Monmouth and Ocean Counties. Through grants, scholarships, and program-related investments, primary areas of focus include education, healthcare, arts/culture, volunteerism, ecotourism, youth development, entrepreneurship, and promotion of Western values such as transparency.
Focus Areas
Grant Types
Funded Initiatives
$27 million awarded in US since inception with $18 million in multi-year commitments totaling $45.2M; $50,000 matching grant to Shore Clubhouse for van purchase; $500,000 over five years to Homes For All for Ocean County home repairs; $107,500 latest Armenia grants round to seven entities
How to Apply
Grant proposals are reviewed on a rolling basis at the end of each quarter (end of March, June, September, December). Board makes funding decisions within two weeks of each quarter closing. Focus on Monmouth and Ocean Counties NJ, and Armenia.
Does Not Fund
Geographic focus limited to Monmouth and Ocean Counties NJ, and Armenia
Based on publicly available information from the foundation's 990 filings and website.
Giving History
$10.2M
Grants
73
Median
$20K
States
6
$9.8M
Grants
102
Median
$10K
States
12
$9.8M
Grants
90
Median
$9K
States
12
Grant Size Distribution
$20K
Typical Grant (Median)
$1K
Smallest
$10K
25th Pctile
$34K
75th Pctile
$2.0M
Largest
Excludes grants ≤ $5K. Half fall between $10K and $34K.
Largest Recent Grants
$2.0M
2024
VILLANOVA UNIVERSITY
PA · UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
$2.0M
2024
COMMUNITY MEDICAL CENTER FOUNDATION
NJ · UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
$1.1M
2024
BIRTHRIGHT ARMENIA
PA · UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
$1.1M
2024
ARMENIA SME FUND
UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
$1.1M
2024
OCEAN COUNTY VOTECH SCHOOL
NJ · UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.
Geographic Focus
Top states by total grant dollars. Based on IRS filing data.
Financial Overview
Grants paid shown as percentage of total assets
Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.