H. Hovnanian Family Foundation
At a glance
Key takeaways
- This foundation's priority is the Armenian community in Armenia and New Jersey, with Monmouth and Ocean named as priority areas, so fit is clearest for organisations working in education, healthcare, arts and culture, youth development, entrepreneurship, volunteerism or ecotourism in those places.
- Most grants are modest: about 8 in 10 fall between $1,100 and $230,000, and the median grant is $11,000, so a request pitched around that level is realistic, though the largest grant was about $2,000,000.
- A large share of grant dollars, 79%, went to organisations also funded in the two prior filings, suggesting the foundation leans towards organisations it already knows, so new applicants should expect a relationship to build over time.
- U.S. applicants create a free account and complete an eligibility quiz before a full application, with proposals reviewed on a rolling basis at the end of each quarter and no fixed deadlines; Armenian applicants instead submit a concept note, and applications are accepted only within the designated dates of the relevant quarter.
- Applicants should note the foundation's exclusions: it will not fund operational overhead expenses, non-registered entities or organisations, political action groups, or requests used to produce something for commercial sale, and for U.S. grants it also requires a sustainability plan, while for Armenian grants it additionally excludes LLC, CJSC, IE and other for-profit legal entities.
Overview
H. Hovnanian Family Foundation is a US private foundation based in Tinton Falls, NJ.
What they fund
Profile derived from the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) and its website, with every statement checked against those sources. Sources read on 7 October 2026.
Priority Areas
The foundation commits its support primarily to the Armenian community in Armenia and the United States, with a focus on Monmouth and Ocean Counties in New Jersey. It supports existing non-profit programmes and institutions with a long-standing history that provide value and impact in these communities. Its primary areas of focus include education, healthcare, arts and culture, youth development, entrepreneurship, volunteerism and ecotourism. It also supports initiatives to improve access to healthcare and modernise vocational institutions in Monmouth and Ocean Counties, and to further students’ education and practical work experience for Armenia’s development. Initiatives with a built-in multiplier effect, such as creating employment opportunities or increasing local income, are of greatest interest; the foundation also seeks innovative projects that can be replicated.
Themes
- Education
- Healthcare
- Arts and culture
- Youth development
- Entrepreneurship
- Volunteerism
- Ecotourism
Geographic Focus
U.S. Priority: Armenia; New Jersey; Monmouth; Ocean.
What They Don't Fund
- U.S. Grants only: Operational overhead expenses; Non-registered entities/organizations; Political action groups; Proposals submitted without a sustainability plan; Grant requests used to produce something for commercial sale
- Armenian Grants only: Operational overhead expenses; Non-registered entities/organizations; LLC, CJSC, IE and other types of for-profit legal entities; Political action groups; Grant requests used to produce something for commercial sale
How to apply
For U.S. Grants, applicants create a free account, complete the eligibility quiz and, if eligible, proceed to the full application. For Armenian Grants, eligible applicants submit a concept note; approved concept notes lead to a full application through the grants management system.
Deadlines:
- U.S. grant proposals are reviewed on a rolling basis at the end of each quarter; there are no grant deadlines.
- Armenian grant applications are accepted only within the designated dates of the relevant quarter.
Application success factors
- Repeat giving: In its TY2024 filing, 79% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
- Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 260 grants to organisations were $11,000 or less.
What the foundation says:
- The foundation favours a plan for project continuity beyond completion of grant funding.
- Capital programmes or special projects with plans for self-sustainability before the end of grant funding are preferred.
- Partnerships with organisations that share similar missions and can share responsibilities and resources are preferred.
- The foundation favours leveraged funds already secured or committed from multiple sources, or matched by the organisation.
- Requests focused on a primary area of focus are preferable during review.
Where grants go
From grants to organisations in the foundation’s filings for tax years 2022–2024.
Grant dollars by state
6 other states: <1%
Outside the US or with no state on the filing: 22%
- The largest single recipient received 20% of grant dollars to organisations.
- In tax year 2024, 79% of grant dollars went to organisations H. Hovnanian Family Foundation had funded in earlier filings.
- 22% of grant dollars went directly to organisations outside the US (Armenia, Luxembourg).
Grants
How much do they typically give?
Share of 72 grants in tax year 2024 by size
Median $20,000 (tax year 2024)
The largest grants to organisations in the foundation’s latest filing:
- Villanova University · Unrestricted grant to support the organization's exempt purpose.$2,010,0002024 tax year
- Community Medical Center Foundation · Unrestricted grant to support the organization's exempt purpose.$2,000,0002024 tax year
- Birthright Armenia · Unrestricted grant to support the organization's exempt purpose.$1,111,7002024 tax year
- Armenia SME Fund · Unrestricted grant to support the organization's exempt purpose.$1,074,5522024 tax year
- Ocean County Votech School · Unrestricted grant to support the organization's exempt purpose.$1,071,0002024 tax year
- Hovnanian School · Unrestricted grant to support the organization's exempt purpose.$1,000,0002024 tax year
- Repat Armenia Foundation · Unrestricted grant to support the organization's exempt purpose.$259,0502024 tax year
- Friends of Botanical Gardens · Unrestricted grant to support the organization's exempt purpose.$229,7892024 tax year
Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.
Officers and directors
- Tanya Hovnanian Baghdasarian — Trustee
- Leela Hovnanian — Trustee
- Siran Sahakian — Treasurer
- Gorr Sahakian — Vice President / Secretary
- Edele Hovnanian — President
From the latest Form 990-PF filing
3 years of tax filings
| Year | Total expenses | Grants paid | Assets | Filing document |
|---|---|---|---|---|
| 2022 tax year | $13,365,863 | $9,760,560 | $188,297,415 | Filing for 2022 tax year |
| 2023 tax year | $14,095,731 | $9,832,291 | $199,455,873 | Filing for 2023 tax year |
| 2024 tax year | $14,640,462 | $10,153,271 | $212,449,069 | Filing for 2024 tax year |
Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.
Sources
Registers and filings
Other sources
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At a glance
Applying to H. Hovnanian Family Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- (732) 922-6100
- info@hovnanianfoundation.org
- Tinton Falls, NJ
- hovnanianfoundation.org
Applying to H. Hovnanian Family Foundation?
Hinchilla drafts your answers around this funder's priorities, using your organisation's own documents.
No credit card required
Contact
- (732) 922-6100
- info@hovnanianfoundation.org
- Tinton Falls, NJ
- hovnanianfoundation.org