Hofsas FBO 1ST Baptist Norristown TW

Private foundation · Grantmaker Brooklyn, OH EIN: 61-6593864
N/A

Hofsas FBO 1ST Baptist Norristown TW is a private foundation focused on N/A, based in Brooklyn, OH. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $729K in total assets. In 2025, it awarded 1 grant totaling $44K. Net investment income was $69K.

Hofsas FBO 1ST Baptist Norristown TW at a glance

In short: Hofsas FBO 1ST Baptist Norristown TW gave $44K across 1 grant in 2025 (avg $44K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$44,154
+8.0% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$44,154
+8.0% vs 2024
Median grant
$44,154
Total assets
$729,052
+2.9% vs 2024
Primary geography
Pennsylvania (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Hofsas FBO 1ST Baptist Norristown TW funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

First Baptist Church of Norristown: $44KFirst Baptist Church ofNorristown$44K

The largest 2025 recipient was First Baptist Church of Norristown ($44K).

Grant Size Distribution

5 grants across all recorded years

5<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Norristown

How Hofsas FBO 1ST Baptist Norristown TW gives

  • Giving held roughly steady from 2022 to 2025 (−11%). Method
  • In 2025 it paid out 110% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $41K (2024) to $50K (2022). In 2025 it made 1 grant totaling $44K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
First Baptist Church of Norristown Norristown, PAFunding for Organization's$44,154
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$729,052$78,548$57,839$44,1541$48,148$69,318$43,912
2024$708,329$40,367$54,745$40,8961$44,807$31,096$43,059
2023$723,294$36,269$54,606$42,7481$46,440$27,741$39,897
2022$741,640$38,400$63,146$49,7941$53,684$29,517$41,697
2021$766,384$24,593$57,966$43,7881$48,000$14,756$48,842
2020$799,756$10,315$57,203$43,7791—$12,713$42,994

Under IRS private-foundation payout rules, Hofsas FBO 1ST Baptist Norristown TW reported a distributable amount of $44K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Hofsas FBO 1ST Baptist Norristown TW's only listed officer is Keybank N A, Trustee on every filing since 2020 (compensated).

Officers on the 2025 filing

  • Keybank N A

    Trustee

    On filings since 2020

    1 hr/week

    $12K (2020) → $12K (2025)

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Keybank N a — Trustee: $12KKeybank N aTrustee$12K

The highest reported compensation on the 2025 filing was $12K, to Keybank N a (Trustee).

Frequently asked questions about Hofsas FBO 1ST Baptist Norristown TW

How much does Hofsas FBO 1ST Baptist Norristown TW give each year?

Hofsas FBO 1ST Baptist Norristown TW gave $44K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $41K across 1 grant.

How large is Hofsas FBO 1ST Baptist Norristown TW?

Hofsas FBO 1ST Baptist Norristown TW reported $729K in total assets on its 2025 IRS Form 990-PF. It paid out $48K in qualifying distributions that year, against a required minimum of $44K (roughly 5% of its investment assets).

What is Hofsas FBO 1ST Baptist Norristown TW?

Hofsas FBO 1ST Baptist Norristown TW is a private foundation focused on N/A, based in Brooklyn, OH. It holds $729K in total assets as of 2025.

Where does Hofsas FBO 1ST Baptist Norristown TW operate?

Hofsas FBO 1ST Baptist Norristown TW has awarded grants in Pennsylvania.

What is Hofsas FBO 1ST Baptist Norristown TW's EIN?

Hofsas FBO 1ST Baptist Norristown TW's EIN (Employer Identification Number) is 61-6593864. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Hofsas FBO 1ST Baptist Norristown TW'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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