Edwards-hobgood Foundation Inc

RALEIGH, NC EIN: 56-1789818

Edwards-hobgood Foundation Inc is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $202K in total assets. In 2024, it awarded 4 grants totaling $8K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$202K

+1.4% YoY

Annual Giving

$8K

+508.0% YoY

Grant Count

4

+100.0% YoY

Avg Grant Size

$2K

+204.0% YoY

Under IRS private-foundation payout rules, Edwards-hobgood Foundation Inc reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.

About Edwards-hobgood Foundation Inc

Based on IRS filings

Edwards-hobgood Foundation Inc is a private foundation, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $202K in total assets. In 2024, it awarded 4 grants totaling $8K. Net investment income was $17K.

Ready to take the next step with Edwards-hobgood Foundation Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

CaryCharlotteEdgefieldEl DoradoLexingtonRaleighRoxboroWashington Dc

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5K$9K$14K$19K20202021202220232024
Metric202420232022
Total Assets$202,469$199,627$199,652
Revenue$15,932$6,400$2,233
Expenses$13,063$6,482$8,071
Qualifying Distributions$7,600$1,250$4,718
Net Investment Income$16,882$6,365$2,363
Distributable Amount$9,667$9,744$9,633

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$5K$8K$11K5 grants20205 grants20215 grants20222 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

ROOF ABOVE$4KNWTF$3KINTERACT$1KBLOOD CANCER UNITED$100

Grant Size Distribution

21 grants across all recorded years

21<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Roof Above ($4,000), Nwtf ($2,500), Interact ($1,000).

RecipientPurposeAmount
INTERACT RALEIGH, NCNEEDS$1,000
NWTF EDGEFIELD, SCNEEDS$2,500
BLOOD CANCER UNITED WASHINGTON DC, DCNEEDS$100
ROOF ABOVE CHARLOTTE, NCNEEDS$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
AL HOBGOOD IVPRES/SEC
ELIZABETH H WELLONSVP/SEC
THOMAS A HOBGOODDIRECTOR
KENNETH E HOBGOODTREAS/DIR

Frequently Asked Questions

How large is Edwards-hobgood Foundation Inc?

As of 2024, Edwards-hobgood Foundation Inc holds $202K in total assets with $16K in annual revenue. It awarded 4 grants totaling $8K in 2024.

Where does Edwards-hobgood Foundation Inc operate?

Edwards-hobgood Foundation Inc has awarded grants in District of Columbia, Kansas, Kentucky, North Carolina, South Carolina.

What size grants does Edwards-hobgood Foundation Inc award?

In 2024, Edwards-hobgood Foundation Inc awarded 4 grants totaling $8K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Edwards-hobgood Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Edwards-hobgood Foundation Inc reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Edwards-hobgood Foundation Inc's EIN?

Edwards-hobgood Foundation Inc's EIN (Employer Identification Number) is 56-1789818. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Edwards-hobgood Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Edwards-hobgood Foundation Inc 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 Edwards-hobgood Foundation Inc to a real strategy.

Plan your approach