Edwards-hobgood Foundation Inc
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
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| INTERACT RALEIGH, NC | NEEDS | $1,000 |
| NWTF EDGEFIELD, SC | NEEDS | $2,500 |
| BLOOD CANCER UNITED WASHINGTON DC, DC | NEEDS | $100 |
| ROOF ABOVE CHARLOTTE, NC | NEEDS | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AL HOBGOOD IV | PRES/SEC | — | — |
| ELIZABETH H WELLONS | VP/SEC | — | — |
| THOMAS A HOBGOOD | DIRECTOR | — | — |
| KENNETH E HOBGOOD | TREAS/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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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