Ac and Penney Hubbard
The A C and Penney Hubbard Foundation Inc is a private family foundation based in Baltimore, Maryland. The foundation was established around 1986 and operates as a grantmaking organization focused on supporting nonprofits in education, human services, and philanthropic causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$906K
+139.1% YoY
Grant Count
70
+11.1% YoY
Avg Grant Size
$13K
+115.2% YoY
Under IRS private-foundation payout rules, Ac and Penney Hubbard reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Science education and STEM education
- Grants for education nonprofits
Grantmaking
Ready to take the next step with Ac and Penney Hubbard?
Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in:
- Maryland
- Wyoming
- Virginia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount |
|---|---|
| Total Assets | $0 |
| Total Giving (Most Recent Year) | $905,989 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $461,042 | $271,991 |
| Revenue | $450,042 | $571,521 | $319,177 |
| Expenses | $911,084 | $382,470 | $462,692 |
| Qualifying Distributions | $905,989 | $378,975 | $459,175 |
| Net Investment Income | $449,285 | $533,786 | $4,862 |
| Distributable Amount | $30,199 | $9,022 | $18,971 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hubbard Family Charitale Fund ($556,015), Best ($18,972), Garrison Forest School ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN INSTITUTE FOR AVALANCHE RESEARCH & EDUCATION MOUNT CRESTED BUTTE, CO | UNRESTRICTED | $500 |
| AMERICAN RED CROSS BOONE, IA | UNRESTRICTED | $250 |
| BALTIMORE MUSEUM OF ART BALTIMORE, MD | UNRESTRICTED | $3,000 |
| BALTIMORE SCHOOL FOR THE ARTS BALTIMORE, MD | UNRESTRICTED | $1,000 |
| BALTIMORE TREE TRUST BALTIMORE, MD | UNRESTRICTED | $2,500 |
| BEST BALTIMORE, MD | UNRESTRICTED | $18,972 |
| BLUE WATER BALTIMORE BALTIMORE, MD | UNRESTRICTED | $1,000 |
| BOCA GRANDE HEALTH CLINIC FOUNDATION BOCA GRANDE, FL | UNRESTRICTED | $2,500 |
| BOOTS FOR BALTIMORE BALTIMORE, MD | UNRESTRICTED | $1,000 |
| BROWN MEMORIAL PRESBYTERIAN CHURCH BALTIMORE, MD | UNRESTRICTED | $2,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AC HUBBARD | PRESIDENT | 0.5 | — |
| PENNEY HUBBARD | SECRETARY | 0.5 | — |
Location & Contact
Address: 1408 Walnut Hill Ln, Baltimore, MD 21204-3662
EIN: 52-1486929
Frequently Asked Questions
What does Ac and Penney Hubbard fund?
The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Science education and STEM education • Grants for education nonprofits
How do I apply for a grant from Ac and Penney Hubbard?
**Grant Amounts:** Typical awards range from $25 to $556,015. **Total Giving:** The foundation distributed $905,989 in grants according to its most recent filing. **Current Status:** The foundation has filed a final return as of 2024, indicating it is no longer actively accepting new grant applications.
Where does Ac and Penney Hubbard make grants?
The foundation primarily supports organizations in: • Maryland • Wyoming • Virginia
What size grants does Ac and Penney Hubbard award?
In 2024, Ac and Penney Hubbard awarded 70 grants totaling $906K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Ac and Penney Hubbard required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ac and Penney Hubbard reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ac and Penney Hubbard's EIN?
Ac and Penney Hubbard's EIN (Employer Identification Number) is 52-1486929. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ac and Penney Hubbard's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Abell Foundation Inc
BALTIMORE, MD
Assets
$296.4M
Grants
391
Total Given
$13.4M
Rotary Club of Columbia Patuxent
COLUMBIA, MD
Assets
$376K
Grants
1
Total Given
$12K
American Federation for Children Growth
COLUMBIA, MD
Assets
$9.4M
Grants
11
Total Given
$2.4M
Mayfield Scholastic Ltd
BALTIMORE, MD
Assets
—
Grants
1
Total Given
$38K
Baltimore Curriculum Project Inc
BALTIMORE, MD
Assets
$17.3M
Grants
6
Total Given
$2.7M
Government Employees' Benefit
HANOVER, MD
Assets
$3K
Grants
43
Total Given
$108K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Ac and Penney Hubbard on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Ac and Penney Hubbard to a real strategy.