Marion W Hobart Memorial Fund

HONOLULU, HI EIN: 99-0263964

Marion W Hobart Memorial Fund is a private foundation, based in HONOLULU, HI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 2 grants totaling $204K. Net investment income was $470K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.6M

+7.2% YoY

Annual Giving

$204K

-1.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$102K

-1.9% YoY

Under IRS private-foundation payout rules, Marion W Hobart Memorial Fund reported a distributable amount of $233K for 2024 — the minimum it must pay out in qualifying distributions.

About Marion W Hobart Memorial Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $528K (50%)

Hawaii $528K (50%)

States

California Hawaii

Cities

HonoluluSan Francisco

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,552,399	$3,312,478	$3,381,741
Revenue	$511,692	$196,183	$112,693
Expenses	$271,764	$265,921	$309,534
Qualifying Distributions	$226,913	$228,953	$256,870
Net Investment Income	$470,223	$154,965	$66,602
Distributable Amount	$233,288	$212,817	$218,514

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

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Masonic Homes of California ($102,000), Saint Andrews Cathedral ($102,000).

Recipient	Purpose	Amount
MASONIC HOMES OF CALIFORNIA SAN FRANCISCO, CA	UNRESTRICTED GIFT	$102,000
SAINT ANDREWS CATHEDRAL HONOLULU, HI	UNRESTRICTED GIFT	$102,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Marion W Hobart Memorial Fund?

As of 2024, Marion W Hobart Memorial Fund holds $3.6M in total assets with $512K in annual revenue. It awarded 2 grants totaling $204K in 2024.

Where does Marion W Hobart Memorial Fund operate?

Marion W Hobart Memorial Fund has awarded grants in California, Hawaii.

What size grants does Marion W Hobart Memorial Fund award?

In 2024, Marion W Hobart Memorial Fund awarded 2 grants totaling $204K — an average of about $102K per grant, based on its IRS Form 990 filings.

How much is Marion W Hobart Memorial Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Marion W Hobart Memorial Fund reported a distributable amount of $233K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.