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Hobbs Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2017. The principal officer is Foundation Source. It holds total assets of $7.2M. Annual income is reported at $2.8M. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Florida, Colorado and New York. According to available records, Hobbs Family Foundation has made 57 grants totaling $1.2M, with a median grant of $20K. Annual giving has grown from $290K in 2020 to $413K in 2023. Grantmaking activity was highest in 2022 with $542K distributed across 28 grants. Individual grants have ranged from $1K to $100K, with an average award of $22K. The foundation has supported 23 unique organizations. The foundation primarily supports organizations in Florida, Colorado, Utah, which account for 68% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$15K
Average Grant
$24K
Largest Grant
$100K
Based on 12 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.
Hobbs Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 57 grants. Its grantmaking reaches organizations primarily in FL, CO, UT.
Hobbs Family Foundation has distributed a total of $1.2M across 57 grants. The median grant size is $20K, with an average of $22K. Individual grants have ranged from $1K to $100K.
Hobbs Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hobbs Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Holly Hobbs Martin | Dir | $0 | $0 | N/A |
| Whitney L Hobbs | Dir, VP | $0 | $0 | N/A |
| Charles Scott Hobbs | Dir, Pres, Sec, Treas | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$7.2M
Fair Market Value
N/A
Net Worth
$7.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
57
Total Giving
$1.2M
Average Grant
$22K
Median Grant
$20K
Unique Recipients
23
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyGeneral & Unrestricted | Anchorage, AK | $1K | 2023 |
| Institute For Advanced Biotechnologyto support Research currently led by Dr. Asher Chanan Khan | Destin, FL | $100K | 2023 |
| Boys And Girls Clubs Of Northeast Florida Incconstruction of the new Teen Center at the St. Augustine Club | Jacksonville, FL | $70K | 2023 |
| Healthtree Foundation IncGeneral & Unrestricted | Lehi, UT | $50K | 2023 |
| Colorado Springs All Breed RescueGeneral & Unrestricted | Colorado Springs, CO | $25K | 2023 |
| Cystic Fibrosis FoundationGeneral & Unrestricted | Denver, CO | $25K | 2023 |
| Judis HouseGeneral & Unrestricted | Aurora, CO | $25K | 2023 |
| Khan Academy IncGeneral & Unrestricted | Mountain View, CA | $20K | 2023 |
| St Johns County Council On AgingMeals on Wheels for Seniors | St Augustine, FL | $20K | 2023 |
| Seamark Ranch IncGeneral & Unrestricted | Jacksonville, FL | $20K | 2023 |
| St Jude Children'S Research HospitalGeneral & Unrestricted | Doral, FL | $15K | 2023 |
| Tip Of The Spear FoundationGeneral & Unrestricted | Plano, TX | $15K | 2023 |
| The Posse Foundation IncGeneral & Unrestricted | New York, NY | $10K | 2023 |
| Canine Companions For IndependenceGeneral & Unrestricted | Santa Rosa, CA | $10K | 2023 |
| St Johns County Cultural Council IncFor the Make Space Summer Program Scholarship Fund | St Augustine, FL | $3K | 2023 |
| Community Hospice Of Northeast Florida IncGeneral & Unrestricted | Jacksonville, FL | $3K | 2023 |
| Autism Society Of North Carolina IncGeneral & Unrestricted | Raleigh, NC | $1K | 2023 |
| Canine Companions For Independence - ColoradoGeneral & Unrestricted | Colorado Springs, CO | $10K | 2022 |
| Leashes Of ValorGeneral & Unrestricted | Garner, NC | $10K | 2022 |
| Colorado Springs Conservatory FoundationGeneral & Unrestricted | Colorado Spgs, CO | $1K | 2022 |