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Hobbs Foundation Corp is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 1997. The principal officer is James C Hobbs Ii. It holds total assets of $55K. Annual income is reported at $21K. Total assets have decreased from $172K in 2011 to $55K in 2024. 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. Funding is distributed across 4 states, including Georgia, Nevada, California. According to available records, Hobbs Foundation Corp has made 22 grants totaling $62K, with a median grant of $3K. Annual giving has decreased from $13K in 2020 to $8K in 2023. Grantmaking activity was highest in 2022 with $25K distributed across 8 grants. Individual grants have ranged from $500 to $5K, with an average award of $3K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in Georgia, Nevada, Colorado, which account for 86% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$3K
Average Grant
$3K
Largest Grant
$5K
Based on 6 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 Foundation Corp primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in GA, NV, CO.
Hobbs Foundation Corp has distributed a total of $62K across 22 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $500 to $5K.
Hobbs Foundation Corp typically selects its grantees rather than accepting unsolicited proposals.
Hobbs Foundation Corp is headquartered in ATLANTA, GA. While based in GA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James C Hobbs Iii | PRESIDENT | $0 | $0 | N/A |
| Richard L Hobbs | DIRECTOR | $0 | $0 | N/A |
| Douglas H Hobbs | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$55K
Fair Market Value
N/A
Net Worth
$55K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
22
Total Giving
$62K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
8
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyRESEARCH | Atlanta, GA | $2K | 2023 |
| Piedmont CollegeEDUCATION | Demorest, GA | $5K | 2023 |
| Prostate Cancer FoundationRESEARCH | Santa Monica, CA | $2K | 2023 |
| Ymca Of The RockiesCHARITY | Estes Park, CO | $3K | 2022 |
| Toucan Rescue RanchCHARITY | Sparks, NV | $3K | 2022 |
| Piedmont UniversityEDUCATION | Demorest, GA | $5K | 2021 |
| Eduring HeartsRESEARCH | Marietta, GA | $500 | 2021 |
| Maggard Migrant MinistriesCHARITY | Miami, FL | $1K | 2020 |
ATLANTA, GA
ATLANTA, GA
ATLANTA, GA