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Passes our checks

Hoover Presidential Foundation

EIN 42-0848288 · West Branch, IA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair60 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

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.

Income
$7.2 million
Spending
$15.2 million
Spent on programs
95%
Reserves
1.7 months of spending
Largest source of income
donations and private grants, 92%
Employees
8
Volunteers
55
Highest pay
$194,924, ceo

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 60 out of 100.

  • Reserves

    10 of 35

    Spendable reserves would cover 1.7 months of spending.

  • Debt

    20 of 20

    It owes 8% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 112% of income.

  • Income trend

    15 of 15

    Income rose 27% on the year before.

  • Spending floor

    15 of 15

    95% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100.

  • Independent board

    25 of 25

    30 of 38 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $13.9 million spent. 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.
  2. $406,374 spent. 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.
  3. $42,260 spent. 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.

Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending September 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1957.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.