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Filing year 2023

AC AND PENNEY HUBBARD FOUNDATION INC

Baltimore, Maryland·EIN 52-1486929·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$450k
Total assets
$0
Total expenses
$911k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. AC AND PENNEY HUBBARD FOUNDATION INC reported 2 unpaid officers and board members on its 990-PF.

President
Secretary

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$906k

Itemized grants

70

Median grant

$1k

RecipientLocationPurposeAmount
HUBBARD FAMILY CHARITALE FUNDBALTIMORE, MDUNRESTRICTED$556k
THE GOVERNOR'S ACADEMYBYFIELD, MAUNRESTRICTED$83k
UNITED WAY OF CENTRAL MARYLANDBALTIMORE, MDUNRESTRICTED$50k
REBUILD METROBALTIMORE, MDUNRESTRICTED$50k
WASHINGTON & LEE UNIVERSITYLEXINGTON, VAUNRESTRICTED$25k
BESTBALTIMORE, MDUNRESTRICTED$19k
TETON SCHOOL OF SCIENCEJACKSON, WYUNRESTRICTED$18k
GARRISON FOREST SCHOOLOWINGS MILLS, MDUNRESTRICTED$15k
FRIENDS SCHOOLBALTIMORE, MDUNRESTRICTED$8k
BRYN MAWR SCHOOLBALTIMORE, MDUNRESTRICTED$7k
GRAND TETON MUSIC FESTIVALWILSON, WYUNRESTRICTED$6k
THE ODYSSEY SCHOOLTIMONIUM, MDUNRESTRICTED$5k
MISERICORDIA UNIVERSITYDALLAS, PAUNRESTRICTED$5k
TOWSON PRESBYTERIAN CHURCHTOWSON, MDUNRESTRICTED$5k
CITY KIDS WILDERNESS PROJECTJACKSON, WYUNRESTRICTED$4k
BALTIMORE MUSEUM OF ARTBALTIMORE, MDUNRESTRICTED$3k
KIEVE WAVUS EDUCATIONNOBLEBORO, MEUNRESTRICTED$3k
BALTIMORE TREE TRUSTBALTIMORE, MDUNRESTRICTED$3k
BOCA GRANDE HEALTH CLINIC FOUNDATIONBOCA GRANDE, FLUNRESTRICTED$3k
WALTER'S ART MUSEUMBALTIMORE, MDUNRESTRICTED$3k
BROWN MEMORIAL PRESBYTERIAN CHURCHBALTIMORE, MDUNRESTRICTED$2k
CYLBURN ARBORETUM ASSOCIATIONBALTIMORE, MDUNRESTRICTED$2k
UNITED WORLD COLLEGE FUNDMONTEZUMA, NMUNRESTRICTED$2k
COLBY COLLEGEWATERVILLE, MEUNRESTRICTED$2k
GILMAN SCHOOLBALTIMORE, MDUNRESTRICTED$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

AC AND PENNEY HUBBARD FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$572k
$382k
2022
$450k
$911k
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Maryland

AC AND PENNEY HUBBARD FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Maryland earns a median of $40,778.

25th percentile
$12k
Median
$40,778
75th percentile
$115k
90th percentile
$207k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 389 organizations across 389 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Maryland
FAQ

Common questions about AC AND PENNEY HUBBARD FOUNDATION INC

What are AC AND PENNEY HUBBARD FOUNDATION INC's revenue and expenses?

In 2023, AC AND PENNEY HUBBARD FOUNDATION INC reported $450k in total revenue and $911k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (No assets reported), because foundation pay scales with assets under management, not revenue.