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HOBBS FOUNDATION

WACO, TX 742587600

The Hobbs Foundation in Waco, Texas, supports communities in several cities and states with its $591,359 in assets, led by President Carey Hobbs.

Overview

About HOBBS FOUNDATION

The Hobbs Foundation, based in Waco, Texas, is a philanthropic organization with assets totaling $591,359. Despite having expenses of $23,888 and revenue of $12,223, the foundation actively supports various communities. It funds projects in multiple cities including Addison, Denver, Houston, Temple, Waco, and Washington, across the states of Colorado, Texas, and the District of Columbia. The foundation is led by President Carey Hobbs, who serves without compensation. Although the foundation's website is not listed, it continues to make an impact in its funded areas.

Focus areas

N/A

Geographic focus

CODCTX
Application Status

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key statistics
Total Assets $591K
Total Awarded This Year $16K
Average Grant Size $5K
Total Grants (Previous Year) 1,234
Open to New Applicants
false
% New Applicants Funded
0%
Contact information
WACO, TX, US
Geographic Funding Distribution

Financials

Total assets
$591,359

in 2024, compared to $603,024 in 2023

Annual grants
$15,500

3 grants awarded in 2024

Program expenses
85%

Of total expenses go to programs

Annual grant distribution
Revenue vs expenses
Assets over time

Grants

Grant awards
PurposeLocation
$10,000MUSEUM OF THE BIBLECONTRIBUTION FOR EXEMPT PURPOSEP O BOX 15479 WASHINGTON, DC US2024
$7,500MISSION WACOCONTRIBUTION FOR EXEMPT PURPOSE1315 N 15TH WACO, TX US2022
$5,000MIDWAY CHOIR BOOSTER ORGANIZATIONCONTRIBUTION FOR EXEMPT PURPOSE820 MARS DRIVE WACO, TX US2022
$3,500WACO FIREFIGHTER HONOR GUARDCONTRIBUTION FOR EXEMPT PURPOSE1016 COLUMBUS WACO, TX US2022
$3,250ADVOCACY CENTER WACOCONTRIBUTION FOR EXEMPT PURPOSE3312 HILLCREST DR WACO, TX US2022
$3,000FIRST BAPTIST CHURCH OF WOODWAYCONTRIBUTION FOR EXEMPT PURPOSE101 RITCHIE WACO, TX US2023
$3,000FIRST BAPTIST CHURCH OF WOODWAYCONTRIBUTION FOR EXEMPT PURPOSE101 RITCHIE WACO, TX US2024
$2,750ADVOCACY CENTER WACOCONTRIBUTION FOR EXEMPT PURPOSE3312 HILLCREST DR WACO, TX US2023
$2,700FIRST BAPTIST CHURCH OF WOODWAYCONTRIBUTION FOR EXEMPT PURPOSE101 RITCHIE WACO, TX US2022
$2,500MUSEUM OF THE BIBLECONTRIBUTION FOR EXEMPT PURPOSEP O BOX 15479 WASHINGTON, DC US2022
18 row(s) total.

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People

Leadership & staff

Compensation data from most recent available 990 forms

Title
CH
CAREY HOBBS
PRESIDENT$02022
CH
CAREY HOBBS
PRESIDENT$02023
CH
CAREY HOBBS
PRESIDENT$02024
3 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025