Hirair and Anna Hovnanian Foundation

OVERVIEW: The Hirair and Anna Hovnanian Foundation supports healthcare, education and real estate development training in New Jersey.

FUNDING AREAS: Healthcare, education, training in real estate development

IP TAKE: While this funder prioritizes Armenian causes, it also supports a wide range or organizations in select areas of New Jersey.

PROFILE: Established in 1986, the Hirair and Anna Hovnanian Foundation is a family foundation in New Jersey. It seeks to help Armenian communities with grants, contributions and program-related investments in Ocean or Monmouth County, New Jersey, among other causes. Hirair Hovnanian is the president and founder of Hovsons Inc. and a founding benefactor of the Armenian Assembly of America. He is hailed as one of the early innovators of large-scale adult communities of single-family homes. His wife, Anna, was born in Hoboken, New Jersey, and the couple moved to Armenia in 1999, where they currently live. Grantmaking areas of interest include healthcare, education, and training in real estate development.

This foundation focuses its grantmaking on selected types of organizations in both New Jersey and abroad. It promotes and improves education, healthcare, democracy, volunteerism, leadership building, economic development, and to discourage emigration from Armenia. This funder prefers to support specific projects and not general operating funds. In addition to grants, the funder also provides scholarships to students enrolled in local Armenian universities.

Foundation grant amounts vary depending on the organization and focus category. Past support has gone to the Girl Scouts of the Jersey Shore, Caregiver of Vol of Central Jersey, Columbia University, and the Monmouth Medical Center. Grantseekers can view a list of past grantees on the funder’s website. The foundation is based in Tinton Falls, New Jersey, and it also has a presence in Armenia. New Jersey grantmaking is focused on the Monmouth and Ocean County area.

The foundation accepts unsolicited grant applications from nonprofits. Nonprofits can email or mail their application. The board meets quarterly to review applications and discourages inquiries about the status of submitted applications. Grantseekers should contact the foundation staff at info@hovnanianfoundation.am to get in touch. The foundation's local phone number in New Jersey is (732) 922-6100.

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