Hobbs Family Charitable Trust
Hobbs Family Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW CANAAN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 28 grants totaling $59K. Net investment income was $73K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+1.2% YoY
Annual Giving
$59K
+16.7% YoY
Grant Count
28
-20.0% YoY
Avg Grant Size
$2K
+45.9% YoY
Under IRS private-foundation payout rules, Hobbs Family Charitable Trust reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
About Hobbs Family Charitable Trust
Based on IRS filings
Hobbs Family Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW CANAAN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 28 grants totaling $59K. Net investment income was $73K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,171,326 | $1,157,626 | $1,222,143 |
| Revenue | $73,100 | $-13,399 | $106,634 |
| Expenses | $59,400 | $51,118 | $100,856 |
| Qualifying Distributions | $59,400 | $50,900 | $95,900 |
| Net Investment Income | $73,100 | $43,311 | $106,634 |
| Distributable Amount | $57,141 | $53,884 | $57,365 |
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
127 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Americares ($20,000), Stamford Hospital Foundation ($10,000), World Life Productions ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MD ANDERSON CENTER CAMDEN, NJ | UNRESTRICTED CONTRIBUTION | $500 |
| TUNNELS TO TOWERS FDN STATEN ISLAND, NY | UNRESTRICTED CONTRIBUTION | $1,000 |
| CCNC FOUNDATION NEW CANAAN, CT | UNRESTRICTED CONTRIBUTION | $500 |
| NEW CANAAN FIRE COMPANY NEW CANAAN, CT | UNRESTRICTED CONTRIBUTION | $100 |
| AMERICARES STAMFORD, CT | UNRESTRICTED CONTRIBUTION | $20,000 |
| WORLD LIFE PRODUCTIONS NEW YORK, NY | UNRESTRICTED CONTRIBUTION | $5,000 |
| CHARITY WATCH CHICAGO, IL | UNRESTRICTED CONTRIBUTION | $300 |
| CONG CHURCH OF NEW CANAAN NEW CANAAN, CT | UNRESTRICTED CONTRIBUTION | $1,000 |
| FAMILY CENTERS GREENWICH, CT | UNRESTRICTED CONTRIBUTION | $2,500 |
| NEW CANAAN CARES NEW CANAAN, CT | UNRESTRICTED CONTRIBUTION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL D HOBBS | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hobbs Family Charitable Trust?
Hobbs Family Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW CANAAN, CT. It holds $1.2M in total assets as of 2024.
How large is Hobbs Family Charitable Trust?
As of 2024, Hobbs Family Charitable Trust holds $1.2M in total assets with $73K in annual revenue. It awarded 28 grants totaling $59K in 2024.
Where does Hobbs Family Charitable Trust operate?
Hobbs Family Charitable Trust has awarded grants in California, Connecticut, Georgia, Illinois, Louisiana, Maryland, New Jersey, New York, Tennessee, Virginia, Vermont.
What size grants does Hobbs Family Charitable Trust award?
In 2024, Hobbs Family Charitable Trust awarded 28 grants totaling $59K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Hobbs Family Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hobbs Family Charitable Trust reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hobbs Family Charitable Trust's EIN?
Hobbs Family Charitable Trust's EIN (Employer Identification Number) is 06-1602789. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hobbs Family Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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