Hobbs Foundation
Hobbs Foundation is a private foundation, based in WACO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $591K in total assets. In 2024, it awarded 2 grants totaling $11K. Net investment income was $12K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$591K
-0.1% YoY
Annual Giving
$11K
-29.0% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$6K
+6.5% YoY
About Hobbs Foundation
Based on IRS filings
Hobbs Foundation is a private foundation, based in WACO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $591K in total assets. In 2024, it awarded 2 grants totaling $11K. Net investment income was $12K.
Ready to take the next step with Hobbs Foundation?
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 | $591,031 | $591,359 | $603,024 |
| Revenue | $17,735 | $12,223 | $22,636 |
| Expenses | $18,063 | $23,888 | $19,247 |
| Qualifying Distributions | $12,673 | $18,668 | $14,219 |
| Net Investment Income | $12,345 | $7,113 | $8,562 |
| Distributable Amount | $26,671 | $16,741 | $17,609 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
31 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 |
|---|---|---|---|
| CAREY HOBBS | PRESIDENT | 1 | — |
Related Funders
Similar funders by location and focus area
William Z Hayes Foundation
DALLAS, TX
Assets
$629K
Grants
4
Total Given
$28K
Tr Uw Jane James Cook Item 19
DALLAS, TX
Assets
$861K
Grants
11
Total Given
$41K
Forsyth Fbo Leonard Wood Memorial
DALLAS, TX
Assets
$320K
Grants
1
Total Given
$18K
Teas Foundation
AMARILLO, TX
Assets
$3.0M
Grants
3
Total Given
$138K
Harold D Miller Endowment Fund
DALLAS, TX
Assets
$890K
Grants
1
Total Given
$44K
Amarillo Business Foundation
AMARILLO, TX
Assets
$4.2M
Grants
13
Total Given
$222K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Hobbs Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities