Hobbs Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.2M in total assets. In 2024, it awarded 19 grants totaling $432K. Net investment income was $546K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.2M
+15.5% YoY
Annual Giving
$432K
+4.7% YoY
Grant Count
19
+11.8% YoY
Avg Grant Size
$23K
-6.3% YoY
Under IRS private-foundation payout rules, Hobbs Family Foundation reported a distributable amount of $428K for 2024 — the minimum it must pay out in qualifying distributions.
About Hobbs Family Foundation
Based on IRS filings
Hobbs Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.2M in total assets. In 2024, it awarded 19 grants totaling $432K. Net investment income was $546K.
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 | $7,181,260 | $6,216,052 | $6,131,767 |
| Revenue | $1,439,610 | $581,694 | $560,257 |
| Expenses | $474,402 | $460,420 | $337,151 |
| Qualifying Distributions | $450,421 | $430,600 | $289,176 |
| Net Investment Income | $545,829 | $561,474 | $519,582 |
| Distributable Amount | $427,794 | $376,635 | $372,644 |
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
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cystic Fibrosis Foundation ($100,000), Boys and Girls Clubs of Northeast Florida Inc ($50,000), Healthtree Foundation Inc ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS AND GIRLS CLUBS OF NORTHEAST FLORIDA INC JACKSONVILLE, FL | Funds for the construction of the new Teen Center at the St. Augustine Club | $50,000 |
| CANINE COMPANIONS FOR INDEPENDENCE SANTA ROSA, CA | General & Unrestricted | $15,000 |
| COLORADO SPRINGS ALL BREED RESCUE COLORADO SPGS, CO | General & Unrestricted | $25,000 |
| CYSTIC FIBROSIS FOUNDATION BETHESDA, MD | Charitable Event | $100,000 |
| FRIENDS OF THE BRITISH COLUMBIA CANCER FOUNDATION SEATTLE, WA | General & Unrestricted | $2,000 |
| HEALTHTREE FOUNDATION INC DRAPER, UT | General & Unrestricted | $30,000 |
| HOME AGAIN ST JOHNS INC ST AUGUSTINE, FL | General & Unrestricted | $5,000 |
| HUMANE SOCIETY OF THE PIKES PEAK REGION COLORADO SPGS, CO | General & Unrestricted | $10,000 |
| JUDIS HOUSE AURORA, CO | General & Unrestricted | $25,000 |
| KHAN ACADEMY INC MOUNTAIN VIEW, CA | General & Unrestricted | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sandra F Caster | Dir | 1 | — |
| Rebecca Franciscus | Dir | 1 | — |
| Charles Scott Hobbs | Dir, Pres, Sec, Treas | 4 | — |
| Whitney L Hobbs | Dir, VP | 1 | — |
| Holly Hobbs Martin | Dir | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hobbs Family Foundation?
Hobbs Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $7.2M in total assets as of 2024.
How large is Hobbs Family Foundation?
As of 2024, Hobbs Family Foundation holds $7.2M in total assets with $1.4M in annual revenue. It awarded 19 grants totaling $432K in 2024.
Where does Hobbs Family Foundation operate?
Hobbs Family Foundation has awarded grants in Alaska, California, Colorado, Connecticut, Florida, Louisiana, Maryland, North Carolina, New York, South Carolina, Texas, Utah, Washington.
What size grants does Hobbs Family Foundation award?
In 2024, Hobbs Family Foundation awarded 19 grants totaling $432K — an average of about $23K per grant, based on its IRS Form 990 filings.
How much is Hobbs Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hobbs Family Foundation reported a distributable amount of $428K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hobbs Family Foundation's EIN?
Hobbs Family Foundation's EIN (Employer Identification Number) is 81-4349009. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hobbs Family Foundation'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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