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Hobson-Wood Foundation Inc. is a private corporation based in KNOXVILLE, TN. The foundation received its IRS ruling in 1995. It holds total assets of $2.1M. Annual income is reported at $1.7M. Total assets have grown from $247K in 2010 to $1.8M in 2022. The foundation is governed by 4 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 2023. Grantmaking is concentrated in Tennessee. According to available records, Hobson-Wood Foundation Inc. has made 18 grants totaling $195K, with a median grant of $5K. Annual giving has decreased from $133K in 2020 to $63K in 2023. Individual grants have ranged from $250 to $75K, with an average award of $11K. The foundation has supported 16 unique organizations. Grants have been distributed to organizations in Tennessee and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$6K
Average Grant
$12K
Largest Grant
$50K
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.
Hobson-Wood Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in TN, CA.
Hobson-Wood Foundation Inc. has distributed a total of $195K across 18 grants. The median grant size is $5K, with an average of $11K. Individual grants have ranged from $250 to $75K.
Hobson-Wood Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Hobson-Wood Foundation Inc. is headquartered in KNOXVILLE, TN. While based in TN, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kimberly Wood | President | $0 | $0 | N/A |
| J Daniel Pressley | Treasurer | $0 | $0 | N/A |
| Michael Mcclamroch | Board of Directors | $0 | $0 | N/A |
| Tammy Kaousias | Secretary | $0 | $0 | N/A |
Total Giving
$74K
Total Assets
$1.8M
Fair Market Value
$1.8M
Net Worth
$1.8M
Grants Paid
$63K
Contributions
N/A
Net Investment Income
$52K
Distribution Amount
$88K
Total: N/A
Total Grants
18
Total Giving
$195K
Average Grant
$11K
Median Grant
$5K
Unique Recipients
16
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Faith LutheranGeneral | Knoxville, TN | $7K | 2020 |
| Big Ears FestivalBig Ears 2024 Outreach Program | Knoxville, TN | $25K | 2023 |
| Second Harvest Food BankFood for kids program | Maryville, TN | $9K | 2023 |
| Faith Lutheran ChurchGeneral | Knoxville, TN | $5K | 2023 |
| Knoxville Jazz OrchestraGeneral | Knoxville, TN | $5K | 2023 |
| Knoxville Symphony OrchestraMusic and wellness program | Knoxville, TN | $5K | 2023 |
| Isaiah 117 HouseFurniture | Bristol, TN | $3K | 2023 |
| Beals Chapel Baptist ChurchGeneral | Lenoir City, TN | $3K | 2023 |
| Emerald Youth FoundationGeneral | Knoxville, TN | $3K | 2023 |
| Wesley House Community CenterAfter School and Summer camp programs | Knoxville, TN | $3K | 2023 |
| East Tennessee Childern'S HospitalGeneral | Knoxville, TN | $75K | 2020 |
| Zoo KnoxvilleAmphibian & Reptile Conservation Campus | Knoxville, TN | $23K | 2020 |
| Young LifeCorporate Sponsor | Knoxville, TN | $10K | 2020 |
| Pacific Zen InstitueGeneral | Santa Rosa, CA | $5K | 2020 |
| Pheo AllianceGeneral | Oceanside, CA | $4K | 2020 |
| Shora FoundationAcademic Center | Knoxville, TN | $250 | 2020 |
UNION CITY, TN
CHATTANOOGA, TN
NASHVILLE, TN