Harold C And Marilyn A Hohbach Foundation
- Assets
- $127.9m
- Revenue
- $64.0m
- Investments
- $114.4m
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 10/2009
- Data as of
- 12/2023
- EIN
- 27-0864414
Organization Overview
Harold C And Marilyn A Hohbach Foundation is located in Palo Alto, CA. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harold C And Marilyn A Hohbach Foundation 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 12/2023, Harold C And Marilyn A Hohbach Foundation generated $64.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 74.1% each year . All expenses for the organization totaled $1.0m during the year ending 12/2023. While expenses have increased by 9.4% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Harold C And Marilyn A Hohbach Foundation has awarded 68 individual grants totaling $6,805,873. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas C Hohbach President | 5 | $0 | |
Janet Hohbach Mccloy Director | 1 | $0 | |
Ellen Hohbach Scheetz Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $58,094,002 |
| Interest on Savings | $256,831 |
| Dividends & Interest | $1,284,857 |
| Net Rental Income | $250,704 |
| Net Gain on Sale of Assets | $3,835,113 |
| Capital Gain Net Income | $3,835,113 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,041,219 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $195,952 |
| Depreciation | $53,381 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $445,907 |
| Total operating and administrative expenses | $725,740 |
| Contributions, gifts, grants paid | $305,000 |
| Total expenses and disbursements | $1,030,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,652,971 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $1,841,240 |
| Investments—mortgage loans | $0 |
| Investments—other | $114,410,002 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $20,939 |
| Total assets | $127,925,152 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $560,075 |
| Total liabilities | $560,075 |
Grants Awarded
Over the last fiscal year, Harold C And Marilyn A Hohbach Foundation has awarded $305,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
ANERA GAZA HUMANITARIAN AID FUND PURPOSE: COMMUNITY SUPPORT | $4,000 |
FOS FEMINISTA PURPOSE: COMMUNITY SUPPORT | $2,500 |
CAL MATTERS PURPOSE: COMMUNITY SUPPORT | $5,000 |
GEOHAZARDS INTERNATIONAL PURPOSE: COMMUNITY SUPPORT | $15,000 |
DONORS CHOOSE PURPOSE: COMMUNITY SUPPORT | $5,000 |
LELAND STANFORD JUNIOR UNIVERSITY PURPOSE: UNIVERSITIES | $10,000 |