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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.7M
-4.8% YoY
Annual Giving
$808K
-6.7% YoY
Grant Count
53
+1.9% YoY
Avg Grant Size
$15K
-8.4% YoY
Mission & Focus Areas
The foundation provides funding for scholarships and supports a diverse range of charitable causes. Primary areas of interest include:
- Arts and culture
- Animal welfare and pet adoption services
- Children's initiatives and youth education
- Medical research and treatment
- Educational childcare for low-income and homeless families
- Community food security and support services
- Collegiate golf programs
Grantmaking
The Trust administers multiple grant programs including Education and Support, Research and Outreach, Medical and Adoption Services Support, Education and Scholarships, and Collegiate Golf Support.
Grant Range
$25–$80,000
Average Grant
amount varies by program area, ranging from approximately $7,000 to $23,750
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Geographic Focus
Where this funder awards grants
The Trust primarily funds nonprofit organizations in the north Texas region, with some grants extending to organizations in New York and New Mexico.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $10,673,138
- Total revenue: $425,802
- Total expenses: $967,635
- Total giving: $807,500–$832,555
- Number of employees: 1
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,673,138 | $11,215,854 | $12,048,278 |
| Revenue | $425,802 | $228,735 | $757,152 |
| Expenses | $967,635 | $1,043,724 | $908,623 |
| Qualifying Distributions | $832,555 | $899,577 | $742,639 |
| Net Investment Income | $284,799 | $224,342 | $518,409 |
| Distributable Amount | $738,671 | $742,510 | $840,754 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
233 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Simmons Bank serves as trustee of the foundation, with an allocation of 4 hours per week and compensation of $143,142.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SIMMONS BANK | TRUSTEE | 4 | $143,142 |
Contact Information
Address: 2200 West 7th Street, Suite 210 Fort Worth, TX 76107-2387
Phone: (817) 298-5553
Website: virginiahobbscharitabletrust.org
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Virginia Hobbs Charitable Trust on Grantable?
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