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Filing year 2024

HOBBS FOUNDATION

Reston, Virginia·EIN 52-2287607·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.9M
Total assets
$12.8M
Total expenses
$930k
Reported officers
1

Reported officers (all unpaid)

No paid executives reported in 2024. HOBBS FOUNDATION reported 1 unpaid officer or board member on its 990-PF.

President/director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$700k

Itemized grants

34

Median grant

$25k

RecipientLocationPurposeAmount
CHILDREN'S HARBOR INCPEMBROKE PINES, FLPROJECT SUPPORT$30k
DAWNING FAMILY SERVICESTAMPA, FLPROJECT SUPPORT$30k
EDUCATE TOMORROWMIAMI SHORES, FLPROJECT SUPPORT$30k
FAMILY PROMISE INCSUMMIT, NJPROJECT SUPPORT$30k
ACADEMY PREP CENTER OF TAMPA INCTAMPA, FLPROJECT SUPPORT$25k
BOYS & GIRLS CLUBS OF MIAMI-DADE INCMIAMI, FLPROJECT SUPPORT$25k
CHAMPIONS FOR CHILDREN INCTAMPA, FLPROJECT SUPPORT$25k
CHARITY NAVIGATORHARLAN, IAPROJECT SUPPORT$25k
GRACE PLACE FOR CHILDREN AND FAMILIES INCNAPLES, FLPROJECT SUPPORT$25k
HEART GALLERY OF TAMPA INCTAMPA, FLPROJECT SUPPORT$25k
JUNIOR ACHIEVEMENT OF TAMPA BAY INCTAMPA, FLPROJECT SUPPORT$25k
MIAMI DIAPER BANK INCMIAMI, FLPROJECT SUPPORT$25k
NURSE-FAMILY PARTNERSHIPDENVER, COPROJECT SUPPORT$25k
PLACE OF HOPE INCPALM BEACH GARDENS, FLPROJECT SUPPORT$25k
THE CHILDREN'S PLACE AT HOME SAFE INC DBA HOMESAFELAKEWORTH, FLPROJECT SUPPORT$25k
VOICES FOR CHILDREN FOUNDATION INCMIAMI, FLPROJECT SUPPORT$25k
VOICES FOR CHILDREN OF TAMPA BAY INCTAMPA, FLPROJECT SUPPORT$25k
YOUTH HAVEN INCNAPLES, FLPROJECT SUPPORT$25k
BIG BROTHERS BIG SISTERS OF TAMPA BAY INCTAMPA, FLPROJECT SUPPORT$20k
BOYS & GIRLS CLUBS OF TAMPA BAYTAMPA, FLPROJECT SUPPORT$20k
CHAPMAN PARTNERSHIP INCMIAMI, FLPROJECT SUPPORT$20k
CHILDREN'S HOME NETWORKTAMPA, FLPROJECT SUPPORT$20k
FLORIDA BAPTIST CHILDREN'S HOME INC DBA ONE MORE CHILDLAKELAND, FLPROJECT SUPPORT$20k
JACK & JILL CHILDREN'S CENTERFORT LAUDERDALE, FLPROJECT SUPPORT$20k
METROPOLITAN MINISTRIES INCTAMPA, FLPROJECT SUPPORT$20k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

HOBBS FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.2M
$861k
2023
$2.9M
$930k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

HOBBS FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.

25th percentile
$9k
Median
$35,000
75th percentile
$95k
90th percentile
$223k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).

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

Common questions about HOBBS FOUNDATION

What are HOBBS FOUNDATION's revenue and expenses?

In 2024, HOBBS FOUNDATION reported $2.9M in total revenue and $930k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.