Virginia Hobbs Charitable Trust
- Assets
- $0.0
- Revenue
- $2.0m
- Investments
- $10.5m
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 11/2007
- Data as of
- 06/2021
- EIN
- 20-7142456
Organization Overview
Virginia Hobbs Charitable Trust is located in Fort Worth, TX. The organization was established in 2007. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Hobbs Charitable Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Virginia Hobbs Charitable Trust generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.5%) each year. All expenses for the organization totaled $836.0k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Virginia Hobbs Charitable Trust has awarded 282 individual grants totaling $4,324,996. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $202,536 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,324 |
| Total Revenue | $1,996,954 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $151,243 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $193,266 |
| Contributions, gifts, grants paid | $642,746 |
| Total expenses and disbursements | $836,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $315,166 |
| Other assets | $7,806 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $17,492 |
Grants Awarded
Over the last fiscal year, Virginia Hobbs Charitable Trust has awarded $642,746 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
FORT WORTH ZOO PURPOSE: EDUCATION AND SUPPORT | $58,000 |
AMERICAN CANCER SOCIETY PURPOSE: RESEARCH, SUPPORT, AND OUTREACH | $56,000 |
Fort Worth, TX PURPOSE: SUPPORT AND EDUCATION FOR NEEDY INDIVIDUALS | $50,000 |
Fort Worth, TX PURPOSE: CHILDRENS HEALTH AND MEDICAL | $45,000 |
THE HOGAN TROPHY AWARD FOUNDATION PURPOSE: SUPPORT COLLEGIATE GOLF | $30,000 |
COOK CHILDREN'S HEALTH FOUNDATION PURPOSE: SUPPORT OF COOKS CHILDRENS MEDICAL CENTER | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pure Inc Bentonville, AR | $3,138,267 | $27,808,227 |
Buckner Foundation Dallas, TX | $503,977,405 | $46,631,365 |
Panhandle Community Services Amarillo, TX | $11,013,426 | $24,011,483 |
The Citizens Foundation Usa Houston, TX | $7,765,514 | $19,916,524 |
Morgans Wonderland Inclusion Foundation San Antonio, TX | $24,438,940 | $21,840,113 |
Furniture Bank Houston, TX | $4,044,380 | $6,546,446 |
Scanlan Foundation Houston, TX | $209,874,637 | $6,584,694 |
Kathleen S Craft Foundation Tulsa, OK | $94,596,287 | $6,487,856 |
White Cake Family Foundation Dallas, TX | $42,767,869 | $3,380,103 |
Charitable Properties Inc Mesquite, TX | $0 | $4,302,892 |
Bp Foundation Inc Houston, TX | $4,050,119 | $6,036,214 |
Soonae Foundation Burnet, TX | $2,322,115 | $4,666,451 |