Hobbs Foundation
The Hobbs Foundation is a private foundation based in Reston, Virginia, that supports organizations working to improve outcomes for children and families. Its website describes a Florida-focused approach, with investments in child well-being, family stability, prevention, education, and opportunity.
Hobbs Foundation at a glance
In short: Hobbs Foundation gave $750K across 38 grants in 2025 (avg $20K), mostly in Florida. 16% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $750,000
- +7.1% vs 2024
- Grants made (2025)
- 38
- +11.8% vs 2024
- Average grant
- $19,737
- -4.1% vs 2024
- Median grant
- $22,500
- Total assets
- $14,349,441
- +12.2% vs 2024
- New grantees (estimate)
- 16% first-time grantees (6 of 38, 2025)
- Primary geography
- Florida (90% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Hobbs Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The website describes submitting a Letter of Intent for review, with selected organizations invited to complete an application and project proposal. Its stated process also requires supplementary documentation, including proof of 501(c)(3) status. Its 2024 filing says it does not accept unsolicited requests, but its website invites Letters of Intent from eligible Florida organizations and notes limited funding for unsolicited proposals.
- Review Cycle
- The website listed April 1, 2026, for the Letter of Intent and August 1, 2026, for the application and supplementary documentation. Both deadlines have passed.
- Deadline
- The website listed April 1, 2026, for the Letter of Intent and August 1, 2026, for the application and supplementary…
- Contact
Mailing address: 12030 Sunrise Valley Drive 450, Reston, VA 20191
Phone: (703) 437-9720
Website: https://hobbsfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Hobbs Foundation
Who Hobbs Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Children's Harbor Inc ($30K). Together the top 10 received $280K.
Grant Size Distribution
170 grants across all recorded years
The most common grant size was under $50K: 170 grants of 170 (100%).
Geographic Focus
Where this funder awards grants
The foundation’s website describes its work as supporting organizations and programs throughout Florida. In the 2025 filing, 90% of grant dollars went to recipients in Florida; the remaining shares went to New Jersey (4%), Colorado (3%), and Iowa (3%).
Grant Distribution by State
Share of 2025 grant dollars across all 38 itemized grants.
Cities
Is Hobbs Foundation open to new grantees?
16%
first-time grantees, 2025
In 2025, 6 of 38 grantees (16%) were first-time recipients. First grants averaged $12K; repeat grants $21K. How we count
Medians: $10K first-time, $25K repeat.
- 84% of 2025 grantees were also funded in 2024. Method
- Giving grew 25% from 2022 to 2025. Method
- In 2025 it paid out 103% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $450K (2019) to $750K (2025). In 2025 it made 38 grants totaling $750K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Children's Harbor Inc Pembroke Pines, FL | Project Support | $30,000 |
| Dawning Family Services Tampa, FL | Project Support | $30,000 |
| Educate Tomorrow Miami Shores, FL | Project Support | $30,000 |
| Family Promise Inc Summit, NJ | Project Support | $30,000 |
| Heart Gallery of Tampa Inc Tampa, FL | Project Support | $30,000 |
| Junior Achievement of Tampa Bay Inc Tampa, FL | Project Support | $30,000 |
| Academy Prep Center of Tampa Inc Tampa, FL | Project Support | $25,000 |
| Boys & Girls Clubs of Miami-Dade Inc Miami, FL | Project Support | $25,000 |
| Champions for Children Inc Tampa, FL | Project Support | $25,000 |
| Chapman Partnership Inc Miami, FL | Project Support | $25,000 |
Ready to take the next step with Hobbs Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $14,349,441 | $2,558,257 | $995,475 | $750,000 | 38 | $944,301 | $2,564,647 | $919,368 |
| 2024 | $12,786,659 | $2,885,179 | $929,707 | $700,000 | 34 | $870,313 | $2,774,977 | $849,391 |
| 2023 | $10,831,187 | $1,233,550 | $860,547 | $650,000 | 32 | $829,920 | $1,147,313 | $721,166 |
| 2022 | $10,458,184 | $1,343,180 | $829,484 | $600,000 | 31 | $776,067 | $1,275,922 | $689,711 |
| 2021 | $9,944,488 | $1,603,162 | $732,985 | $550,000 | 35 | $726,680 | $1,301,239 | $756,108 |
| 2020 | $9,074,311 | $794,312 | $715,036 | $531,000 | 33 | — | $630,985 | $643,687 |
| 2019 | $8,995,035 | $756,476 | $627,838 | $450,000 | 32 | — | $607,027 | $632,088 |
Under IRS private-foundation payout rules, Hobbs Foundation reported a distributable amount of $919K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation states that it partners with organizations across Florida to improve outcomes for children and families. Its website says its grantmaking prioritizes prevention, family stability, educational achievement, and child well-being, and supports community-based solutions intended to promote safety, stability, well-being, and opportunity.
Its grantees work across areas including child welfare, housing stability, education, youth development, and family support. For example, Children’s Harbor describes its work as providing a safe, supportive environment for at-risk children and youth while helping families navigate challenges. Dawning Family Services says it supports families with children experiencing housing instability or homelessness. Junior Achievement of Tampa Bay describes its mission as equipping young people with financial and career skills.
Grantmaking
In 2025, the foundation gave 38 grants totaling $750,000. Grants ranged from $10,000 to $30,000, with a median of $22,500. Listed grants included $30,000 each to Children’s Harbor, Dawning Family Services, Educate Tomorrow, Family Promise, Heart Gallery of Tampa, and Junior Achievement of Tampa Bay. The filing lists these awards as project support.
The foundation’s website says eligible applicants must be 501(c)(3) nonprofit organizations serving at-risk children in Florida, including children involved in the child welfare system or who are economically disadvantaged. Funding is restricted to a specific project that directly benefits at-risk children. The website describes a Letter of Intent followed, for selected organizations, by an application and project proposal, with supporting documentation including proof of tax-exempt status. The foundation’s statement on its 2024 filing says it does not accept unsolicited requests; its website also notes limited funding for unsolicited proposals outside multi-year investments with established partners.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Russell Hobbs as president and director.
Hobbs Foundation is led by Russell Hobbs, President & Director on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Russell Hobbs
President & Director
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Hobbs Foundation
How much does Hobbs Foundation give each year?
Hobbs Foundation gave $750K across 38 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $700K across 34 grants.
What is Hobbs Foundation's typical grant size?
Hobbs Foundation's median grant in 2025 was $22,500, and its average grant was $19,737, across 38 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Hobbs Foundation that year got $12K on average.
Where does Hobbs Foundation give grants?
Hobbs Foundation gives mostly in Florida: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Tampa, FL (11 grants), Miami, FL (7 grants), Fort Lauderdale, FL (3 grants) and Naples, FL (2 grants).
Does Hobbs Foundation give general operating support?
Not in 2025: none of the 38 grants with a stated purpose on Hobbs Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Project Support" (38 grants).
Who are Hobbs Foundation's largest grantees?
Hobbs Foundation's largest 2025 grantees include Children's Harbor Inc ($30,000), Dawning Family Services ($30,000) and Educate Tomorrow ($30,000), according to its 2025 IRS Form 990-PF. Together they received 12% of its itemized 2025 grant dollars.
How large is Hobbs Foundation?
Hobbs Foundation reported $14.3M in total assets on its 2025 IRS Form 990-PF. It paid out $944K in qualifying distributions that year, against a required minimum of $919K (roughly 5% of its investment assets).
What does Hobbs Foundation fund?
The foundation states that it partners with organizations across Florida to improve outcomes for children and families. See mission & focus areas ↑
How do I apply for a grant from Hobbs Foundation?
The website describes submitting a Letter of Intent for review, with selected organizations invited to complete an application and project proposal. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Hobbs Foundation's EIN?
Hobbs Foundation's EIN (Employer Identification Number) is 52-2287607. IRS Form 990 filing data is available on this page for 2019–2025.
Does Hobbs Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS April 24, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 4, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 20, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in Hobbs Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Hobbs Foundation funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/hobbs-foundation-morg_05dfbfdc9a614f4b8ae7b8022654042b
BibTeX
@misc{grantable_522287607_2026,
author = {{Grantable}},
title = {{Hobbs Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/hobbs-foundation-morg_05dfbfdc9a614f4b8ae7b8022654042b},
note = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Hobbs Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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