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Hobart W And C Faulkner Foundation is a private trust based in MILWAUKEE, WI. The foundation received its IRS ruling in 1993. The principal officer is Personal Trust Services. It holds total assets of $2.8M. Annual income is reported at $963K. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 5 states, including California, Maryland, Florida. According to available records, Hobart W And C Faulkner Foundation has made 24 grants totaling $510K, with a median grant of $9K. The foundation has distributed between $158K and $186K annually from 2021 to 2023. Individual grants have ranged from $3K to $74K, with an average award of $21K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Maryland, Florida, California, which account for 71% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$8K
Average Grant
$21K
Largest Grant
$67K
Based on 8 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Hobart W And C Faulkner Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in MD, FL, CA.
Hobart W And C Faulkner Foundation has distributed a total of $510K across 24 grants. The median grant size is $9K, with an average of $21K. Individual grants have ranged from $3K to $74K.
Hobart W And C Faulkner Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hobart W And C Faulkner Foundation is headquartered in MILWAUKEE, WI. While based in WI, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Us Bank Na | Trustee | $50K | $0 | $50K |
Total Giving
$241K
Total Assets
$2.6M
Fair Market Value
$4.2M
Net Worth
$2.6M
Grants Paid
$186K
Contributions
N/A
Net Investment Income
$89K
Distribution Amount
$196K
Total: $1.4M
Total Grants
24
Total Giving
$510K
Average Grant
$21K
Median Grant
$9K
Unique Recipients
8
Most Common Grant
$8K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyMEDICAL | Hagerstown, MD | $74K | 2023 |
| City Of HopeMEDICAL | Duarte, CA | $24K | 2023 |
| American Heart AssnMEDICAL | St Petersburg, FL | $46K | 2023 |
| Azusa Pacific UniversityEDUCATION | Azusa, CA | $9K | 2023 |
| Arthritis FoundationMEDICAL | Atlanta, GA | $9K | 2023 |
| Pepperdine UniversityEDUCATION | Malibu, CA | $9K | 2023 |
| University Of FindlayEDUCATION | Findlay, OH | $9K | 2023 |
| La Breakfast Club FdnCHARITABLE | Los Angeles, CA | $4K | 2023 |