The Hobbs Foundation
The Hobbs Foundation is a private foundation, based in JACKSONVILLE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 1 grants totaling $574K. Net investment income was $532K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
-51.2% YoY
Annual Giving
$574K
-34.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$574K
-34.7% YoY
About The Hobbs Foundation
Based on IRS filings
The Hobbs Foundation is a private foundation, based in JACKSONVILLE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 1 grants totaling $574K. Net investment income was $532K.
Ready to take the next step with The 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 | $1,297,128 | $2,659,265 | $2,723,351 |
| Revenue | $625,329 | $840,213 | $826,209 |
| Expenses | $692,313 | $904,302 | $843,315 |
| Qualifying Distributions | $669,373 | $888,340 | $828,037 |
| Net Investment Income | $531,831 | $834,251 | $810,931 |
| Distributable Amount | $567,735 | $949,125 | $954,979 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 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 |
|---|---|---|---|
| Truman Hobbs Jr | President | — | — |
| Truman Hobbs III | Director | — | — |
| Samuel Hobbs | Director | — | — |
| Elizabeth Hobbs | Director | — | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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