Mission & Vision

Established in 1998, the Eric D. Hovde and Steven D. Hovde Foundation supports two central missions – finding a cure for Multiple Sclerosis (MS) and helping vulnerable children and families in crisis. Over $11M in grants have been issued since inception. We dedicate our resources to funding clinical MS research, building and financing “Hovde Houses” and providing domestic grants to U.S.-based non-profits.

Multiple Sclerosis is a debilitating disease that affects around 2.3 million people worldwide, with approximately 200 new cases identified weekly in the US alone. We have an almost 20-year history of involvement with the National Multiple Sclerosis Society. With on-going support to the Society’s research and outreach programs, we will keep giving until a cure is found.

Hovde Houses are homes that provide shelter, supportive services, and love to vulnerable children. They offer a safe haven from injustice, neglect, malnutrition and other forms of abuse. With average capacity of 40-50 children, each house is operated by a carefully-selected local partner with professional experience providing appropriate cultural, physical, and psychological care for children in their community. To date, there are nine Hovde Houses. There are completed homes in Ghana, Guatemala, Kenya, Malawi, Peru, Rwanda, and Wisconsin, USA and two new homes in progress in Kenya and Honduras. Whether getting children off the streets (Guatemala), protecting girls while their sexual abusers are brought to justice (Peru), or rehabilitating boys rescued from slavery (Ghana), Hovde Houses holistically care for children in crisis situations.

Eric Hovde talks about the history of the Hovde Foundation and his own heart for helping those in need, especially vulnerable children.”

The domestic grant program aims to address the needs of local vulnerable children and families. Our funding focuses on a non-profit’s urgent needs, bridging key gaps to augment impact, and jump-starting programmatic objectives. We believe in giving back and support our community in the areas of housing, health, community development and youth development/education.

Through these three initiatives, the Hovde Foundation realizes its vision of a world in which all children can smile, knowing that they are safe, valued, and loved.