Hobbs Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $55K in total assets. In 2024, it awarded 3 grants totaling $11K. Net investment income was $17K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$55K
-4.0% YoY
Annual Giving
$11K
+31.3% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$4K
+31.3% YoY
About Hobbs Foundation
Based on IRS filings
Hobbs Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $55K in total assets. In 2024, it awarded 3 grants totaling $11K. Net investment income was $17K.
Focus Areas
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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 | $54,612 | $56,874 | $56,429 |
| Revenue | $17,693 | $9,165 | $8,905 |
| Expenses | $11,661 | $8,611 | $13,111 |
| Qualifying Distributions | $10,500 | $8,000 | $12,500 |
| Net Investment Income | $17,082 | $8,615 | $8,355 |
| Distributable Amount | $15,148 | $13,322 | $13,791 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOUGLAS H HOBBS | DIRECTOR | 1 | — |
| RICHARD L HOBBS | DIRECTOR | 1 | — |
| JAMES C HOBBS III | PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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