JT Hobby Jr Endowment Fund
JT Hobby Jr Endowment Fund is a private foundation based in Raleigh, North Carolina. In 2025, it gave $280,000 through 18 grants to charitable organizations in North Carolina and four other states.
JT Hobby Jr Endowment Fund at a glance
In short: JT Hobby Jr Endowment Fund gave $280K across 18 grants in 2025 (avg $16K), mostly in North Carolina. 11% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $280,000
- +12.0% vs 2024
- Grants made (2025)
- 18
- +5.9% vs 2024
- Average grant
- $15,556
- +5.8% vs 2024
- Median grant
- $12,500
- Total assets
- $6,013,682
- +7.4% vs 2024
- New grantees (estimate)
- 11% first-time grantees (2 of 18, 2025; small sample)
- Primary geography
- North Carolina (60% 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 JT Hobby Jr Endowment Fund
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: PO Box 18506, Raleigh, NC 27619
Phone: (919) 783-6141
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who JT Hobby Jr Endowment Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Fishburne Hudgins Educational Foundation Fishburne Military Academy ($75K). Together the top 10 received $220K.
Grant Size Distribution
91 grants across all recorded years
The most common grant size was under $50K: 83 grants of 91 (91%).
Geographic Focus
Where this funder awards grants
In 2025, grant dollars went to recipients in North Carolina (60%), Virginia (27%), New York (7%), Tennessee (5%), and Iowa (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 18 itemized grants.
Cities
Is JT Hobby Jr Endowment Fund open to new grantees?
11%
first-time grantees, 2025
In 2025, 2 of 18 grantees (11%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $15K; repeat grants $16K. How we count
Medians: $15K first-time, $10K repeat.
- 89% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 2020 to 2025, annual grant giving ranged from $250K (2024) to $280K (2025). In 2025 it made 18 grants totaling $280K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fishburne Hudgins Educational Foundation Fishburne Military Academy Waynesboro, VA | General Support | $75,000 |
| Carolina Ballet Raleigh, NC | General Support | $20,000 |
| CASA Raleigh, NC | General Support | $20,000 |
| The Lustgarten Foundation Bethpage, NY | General Support | $20,000 |
| Hilltop Home Foundation Raleigh, NC | General Support | $15,000 |
| Transition Kids Hospice of Wake County Raleigh, NC | General Support | $15,000 |
| Methodist Home for Children Raleigh, NC | General Support | $15,000 |
| St Jude Children's Research Hospital Memphis, TN | General Support | $15,000 |
| Healing Transitions Raleigh, NC | General Support | $15,000 |
| Baptist Children's Home of NC Thomasville, NC | General Support | $10,000 |
Ready to take the next step with JT Hobby Jr Endowment Fund?
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 | $6,013,682 | $453,365 | $353,380 | $280,000 | 18 | $280,000 | $379,985 | $286,733 |
| 2024 | $5,598,168 | $451,292 | $322,452 | $250,000 | 17 | $250,000 | $378,840 | $276,655 |
| 2023 | $5,458,681 | $152,147 | $347,085 | $277,000 | 19 | $277,000 | $82,062 | $258,173 |
| 2022 | $4,930,467 | $-140,434 | $366,392 | $280,000 | 19 | $280,000 | — | $267,370 |
| 2021 | $6,235,262 | $698,592 | $359,759 | $276,533 | 18 | $276,533 | $615,366 | $299,126 |
| 2020 | $5,785,191 | $227,346 | $352,677 | $276,533 | 18 | — | $151,202 | $257,225 |
Under IRS private-foundation payout rules, JT Hobby Jr Endowment Fund reported a distributable amount of $287K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for a range of organizations. For example, CASA says its mission is to provide access to stable, affordable housing for people who are homeless or at risk. Carolina Ballet describes its mission as performing professional ballet for audiences in Raleigh, the Triangle region, North Carolina, and beyond. St. Jude Children’s Research Hospital says its mission is to advance cures and prevention for pediatric catastrophic diseases through research and treatment.
Other 2025 grantees describe work that includes recovery-oriented services for people experiencing homelessness or addiction (Healing Transitions), support for Hilltop Home (Hilltop Home Foundation), and creating Dorothea Dix Park as a public space for community, health, and celebration (Dorothea Dix Park Conservancy).
Grantmaking
In 2025, the foundation awarded 18 grants totaling $280,000. Grants ranged from $2,000 to $75,000, with a median grant of $12,500. Listed grants were designated for general support. Notable awards included:
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Jean H Holmes and Judy H Poe as trustees.
JT Hobby Jr Endowment Fund's 2025 filing lists 2 officers; all 2 officers listed in 2025 are compensated.
Officers on the 2025 filing
Jean H. Holmes
Trustee
Director → Trustee, 2023
On filings since 2020
1 hr/week
$25K (2020) → $25K (2025)
Judy H. Poe
Trustee
Director → Trustee, 2023
On filings since 2020
1 hr/week
$25K (2020) → $25K (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
The highest reported compensation on the 2025 filing was $25K, to Jean H Holmes (Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about JT Hobby Jr Endowment Fund
How much does JT Hobby Jr Endowment Fund give each year?
JT Hobby Jr Endowment Fund gave $280K across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $250K across 17 grants.
What is JT Hobby Jr Endowment Fund's typical grant size?
JT Hobby Jr Endowment Fund's median grant in 2025 was $12,500, and its average grant was $15,556, across 18 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from JT Hobby Jr Endowment Fund that year got $15K on average.
Where does JT Hobby Jr Endowment Fund give grants?
JT Hobby Jr Endowment Fund gives mostly in North Carolina: 60% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Virginia (27%) and New York (7%). The most frequent recipient cities were Raleigh, NC (13 grants).
Does JT Hobby Jr Endowment Fund give general operating support?
Yes: 100% of JT Hobby Jr Endowment Fund's 2025 grants with a stated purpose (18 of 18) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are JT Hobby Jr Endowment Fund's largest grantees?
JT Hobby Jr Endowment Fund's largest 2025 grantees include Fishburne Hudgins Educational Foundation Fishburne Military Academy ($75,000), Carolina Ballet ($20,000) and CASA ($20,000), according to its 2025 IRS Form 990-PF. Together they received 41% of its itemized 2025 grant dollars.
How large is JT Hobby Jr Endowment Fund?
JT Hobby Jr Endowment Fund reported $6.0M in total assets on its 2025 IRS Form 990-PF. It paid out $280K in qualifying distributions that year, against a required minimum of $287K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does JT Hobby Jr Endowment Fund fund?
No mission statement for the foundation is provided. Its 2025 grants show support for a range of organizations. For example, CASA says its mission is to provide access to stable, affordable housing for people who are homeless or at risk. See mission & focus areas ↑
How do I apply for a grant from JT Hobby Jr Endowment Fund?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is JT Hobby Jr Endowment Fund's EIN?
JT Hobby Jr Endowment Fund's EIN (Employer Identification Number) is 45-6575237. IRS Form 990 filing data is available on this page for 2020–2025.
Does JT Hobby Jr Endowment Fund 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 September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 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 May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). JT Hobby Jr Endowment Fund funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/jt-hobby-jr-endowment-fund-morg_7e7fcd17cf964171a28b6e1bbab32c9c
BibTeX
@misc{grantable_456575237_2026,
author = {{Grantable}},
title = {{JT Hobby Jr Endowment Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/jt-hobby-jr-endowment-fund-morg_7e7fcd17cf964171a28b6e1bbab32c9c},
note = {Accessed 2026-10-15. 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 JT Hobby Jr Endowment Fund'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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