Walter & Jere Hubbard Family Foundation
Walter & Jere Hubbard Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $204K in total assets. In 2024, it awarded 13 grants totaling $28K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$204K
-9.2% YoY
Annual Giving
$28K
-6.8% YoY
Grant Count
13
-18.8% YoY
Avg Grant Size
$2K
+14.7% YoY
Under IRS private-foundation payout rules, Walter & Jere Hubbard Family Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Walter & Jere Hubbard Family Foundation
Based on IRS filings
Walter & Jere Hubbard Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $204K in total assets. In 2024, it awarded 13 grants totaling $28K. Net investment income was $9K.
Focus Areas
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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 | $204,223 | $224,914 | $199,836 |
| Revenue | $12,216 | $58,910 | $28,370 |
| Expenses | $32,251 | $37,214 | $26,652 |
| Qualifying Distributions | $29,140 | $33,120 | $26,525 |
| Net Investment Income | $9,200 | $18,873 | $6,165 |
| Distributable Amount | $12,131 | $10,494 | $9,510 |
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
74 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Ann's Catholic Church ($20,000), Sibley Nature Center ($5,000), Focus on the Family ($1,200).
| Recipient | Purpose | Amount |
|---|---|---|
| FIRST TEE WEST TEXAS INC MIDLAND, TX | TO IMPROVE LIFE OF YOUNG PEOPLE USING GOLF TO TEACH CHARATER | $100 |
| FOCUS ON THE FAMILY COLORADO SPRING, CO | GENERAL OPERATIONS | $1,200 |
| HOSPICE OF MIDLAND MIDLAND, TX | IN MEMORY OF JANE MULLOY | $75 |
| THE HILLANDER SCHOOL MIDLAND, TX | IN MEMORY OF EDDY MERKET | $100 |
| BYNUM SCHOOL MIDLAND, TX | GENERAL OPERATIONS | $1,000 |
| PARKINSONS FOUNDATION DALLAS, TX | GENERAL OPERATIONS | $50 |
| SIBLEY NATURE CENTER MIDLAND, TX | GENERAL OPERATIONS | $5,000 |
| ST VINCENT DE PAUL SOCIETY MIDLAND, TX | GENERAL OPERATIONS | $50 |
| ST JUDE CHILDRENS HOSPITAL COPPELL, TX | GENERAL OPERATIONS | $100 |
| VETS OF FOREIGN WARS KANSAS CITY, MO | GENERAL OPERATIONS | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CRAIG HUBBARD | PRESIDENT | — | — |
| KATIE L HUBBARD | VICE PRESIDENT | — | — |
| PATRICK C HUBBARD | DIRECTOR | — | — |
| KATHARINE M HUBBARD | DIRECTOR | — | — |
| CHRISTOPHER L HUBBARD | DIRECTOR | — | — |
| JOHN D SWALLOW | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Walter & Jere Hubbard Family Foundation?
Walter & Jere Hubbard Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, TX. It holds $204K in total assets as of 2024.
How large is Walter & Jere Hubbard Family Foundation?
As of 2024, Walter & Jere Hubbard Family Foundation holds $204K in total assets with $12K in annual revenue. It awarded 13 grants totaling $28K in 2024.
Where does Walter & Jere Hubbard Family Foundation operate?
Walter & Jere Hubbard Family Foundation has awarded grants in Colorado, District of Columbia, Florida, Louisiana, Missouri, Tennessee, Texas, Virginia.
What size grants does Walter & Jere Hubbard Family Foundation award?
In 2024, Walter & Jere Hubbard Family Foundation awarded 13 grants totaling $28K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Walter & Jere Hubbard Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Walter & Jere Hubbard Family Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Walter & Jere Hubbard Family Foundation's EIN?
Walter & Jere Hubbard Family Foundation's EIN (Employer Identification Number) is 26-0481920. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Walter & Jere Hubbard Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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