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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
Under IRS private-foundation payout rules, Virginia Hobbs Charitable Trust reported a distributable amount of $739K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include American Cancer Society ($80,000), Fort Worth Zoo ($58,000), Fort Worth Botanic Garden ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACH CHILD AND FAMILY SERVICES FORT WORTH, TX | YOUTH EMERGENCY SHELTER | $5,000 |
| ALLIANCE FOR CHILDREN FORT WORTH, TX | SUPPORT FOR TARRANT COUNTY VICTIMS OF ABUSE | $10,000 |
| ALLIE'S HAVEN ANIMAL RESCUE FORT WORTH, TX | EMERGENCY MEDICAL CARE | $2,500 |
| AMERICAN CANCER SOCIETY KENNESAW, GA | MTAP DELETION RESEARCH | $80,000 |
| AMERICAN HEART ASSOCIATION FORT WORTH, TX | GO RED SPONSORSHIP | $20,000 |
| AMERICAN RED CROSS WASHINGTON, DC | TO SUPPORT BLOOD SAVES LIVES INITIATIVE | $25,000 |
| AMPHIBIAN PRODUCTIONS INC FORT WORTH, TX | EDUCATIONAL OUTREACH TO UNDERSERVED MIDDLE AND HS THEATRE PROGRAMS | $5,000 |
| ANIMAL GRANTMAKERS DALLAS, TX | SUPPORT THE EFFECTIVENESS OF WORK UNDERTAKEN BY ANIMAL PROTECTION FUNDERS | $1,250 |
| ANIMAL REFUGE FOUNDATION SHERMAN, TX | PUPPY RESCUE AND REHABILITATION | $10,000 |
| ARLINGTON CHAMBER OF COMMERCE ARLINGTON, TX | UNDER 40 CELEBARTION | $1,750 |
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
Frequently Asked Questions
What does Virginia Hobbs Charitable Trust fund?
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
How do I apply for a grant from Virginia Hobbs Charitable Trust?
**Grant Characteristics:** • Grant range: $25–$80,000 • Median grant amount: $10,000 • Average grant amount varies by program area, ranging from approximately $7,000 to $23,750 • Total giving (2024): $807,500–$832,555 • Number of grants awarded: 85 grants annually • Giving rate: 7.6% **Recent Grants (2024):** • Center for Transforming Lives: $35,000 (Educational Childcare for Low Income and Homeless Families) • Tarrant Area Food Bank: $30,000 (Support and Education for Needy Individuals) • The …
Where does Virginia Hobbs Charitable Trust make grants?
The Trust primarily funds nonprofit organizations in the north Texas region, with some grants extending to organizations in New York and New Mexico.
What size grants does Virginia Hobbs Charitable Trust award?
In 2024, Virginia Hobbs Charitable Trust awarded 53 grants totaling $808K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Virginia Hobbs Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Virginia Hobbs Charitable Trust reported a distributable amount of $739K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Virginia Hobbs Charitable Trust's EIN?
Virginia Hobbs Charitable Trust's EIN (Employer Identification Number) is 20-7142456. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Virginia Hobbs Charitable Trust's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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