Kent Richard Hofmann Foundation IN logo

Kent Richard Hofmann Foundation IN

Private foundation · Grantmaker Jackson, MS EIN: 58-1576454 Website

The MS Center For Nonprofits in Jackson, MS is a dedicated organization that provides support and resources to nonprofit organizations in the local community. Through various programs and services, the center aims to strengthen the capacity and impact of these nonprofits. With a focus on collaboration and sustainability, the center works to empower organizations to achieve their missions and better serve their constituents by fostering a network of support and knowledge-sharing.

Key facts about Kent Richard Hofmann Foundation IN

In short: Kent Richard Hofmann Foundation IN gave $81K across 1 grant in 2025 (avg $81K), mostly in Georgia. Source: 2025 IRS Form 990-PF.

EIN
58-1576454
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$81,260
Grants made (2025)
1
Average grant
$81,260
Median grant
$81,260
Total assets
$1,734,730
Primary geography
Georgia (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.7M

-3.3% YoY

Annual Giving

$81K

+33.7% YoY

Grant Count

1

-80.0% YoY

Avg Grant Size

$81K

+568.5% YoY

How Kent Richard Hofmann Foundation IN gives

  • Giving held roughly steady from 2022 to 2025 (+10%). Method
  • In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

About Kent Richard Hofmann Foundation IN

Based on IRS filings

Kent Richard Hofmann Foundation IN is a private foundation, based in Jackson, MS. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.7M in total assets. In 2025, it awarded 1 grant totaling $81K. Net investment income was $110K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

28states

Share of all 1 itemized 2025 grant dollars.

Cities

MinneapolisChicagoClevelandMemphisPortlandAustinBozemanDallasDecaturEugeneNewarkTucsonWailukuAlbuquerqueArlingtonAtlantaAvonBirminghamCharlotteCoeur d'Alene

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K30 grants202118 grants202214 grants20235 grants20241 grants2025

From 2021 to 2025, annual grant giving ranged from $61K (2024) to $90K (2021). In 2025 it made 1 grant totaling $81K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

To Be Provided: $81KTo Be Provided$81K

The largest 2025 recipient was To Be Provided ($81K).

Grant Size Distribution

68 grants across all recorded years

67<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 67 grants of 68 (99%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
To Be Provided Various, GAAssistance$81,260

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K20212022202320242025
Metric202520242023
Total Assets$1,734,730$1,793,388$1,847,566
Revenue$111,435$91,393$444,040
Expenses$169,711$145,442$160,069
Qualifying Distributions$169,420$115,015$150,309
Net Investment Income$110,325$85,744$435,691
Distributable Amount—$124,746$130,301

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Kent Richard Hofmann Foundation IN's 2025 filing lists 3 officers; all 3 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Andrew Parent

    Officer

    On filings since 2021

    $10K (2021) → $10K (2025)

  • Frank U. Parent

    Officer

    On filings since 2021

    $10K (2021) → $10K (2025)

  • J. Richard Price

    Officer

    On filings since 2021

    $10K (2021) → $10K (2025)

Data from IRS Form 990 filings, 2021–2025. "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

J Richard Price — Officer: $10KJ Richard PriceOfficer$10KFrank U Parent — Officer: $10KFrank U ParentOfficer$10KAndrew Parent — Officer: $10KAndrew ParentOfficer$10K

The highest reported compensation on the 2025 filing was $10K, to J Richard Price (Officer). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Kent Richard Hofmann Foundation IN

How much does Kent Richard Hofmann Foundation IN give each year?

Kent Richard Hofmann Foundation IN gave $81K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $61K across 5 grants.

How large is Kent Richard Hofmann Foundation IN?

Kent Richard Hofmann Foundation IN reported $1.7M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $111K.

Where does Kent Richard Hofmann Foundation IN operate?

Kent Richard Hofmann Foundation IN has awarded grants in Alabama, Arizona, California, Colorado, District of Columbia, Delaware, Georgia, Hawaii, Idaho, Illinois, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Montana, North Carolina, New Jersey, New Mexico, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Virginia, Washington.

What is Kent Richard Hofmann Foundation IN's EIN?

Kent Richard Hofmann Foundation IN's EIN (Employer Identification Number) is 58-1576454. IRS Form 990 filing data is available on this page for 2021–2025.

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

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