Hobbs Charitable Foundation

Organization Overview

Hobbs Charitable Foundation is located in Marco Island, FL. The organization was established in 2013. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Hobbs Charitable 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 09/2022, Hobbs Charitable Foundation generated $692.8k in total revenue. All expenses for the organization totaled $642.3k during the year ending 09/2022. While expenses have increased by 44.4% per year over the past 6 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 2015, Hobbs Charitable Foundation has awarded 112 individual grants totaling $2,557,757. 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)Compensation
Deborah Hobbs
Trustee
$0
Allen Hamm Hobbs
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $85
Dividends & Interest $12,600
Net Rental Income$0
Net Gain on Sale of Assets $680,091
Capital Gain Net Income $680,091
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $692,776

Grants Awarded

Over the last fiscal year, Hobbs Charitable Foundation has awarded $630,704 in support to 13 organizations.

Grant RecipientAmount

COMMUNITY SCHOOL NAPLES

Org PageRecipient Profile

Naples, FL

PURPOSE: EDUCATION ADVANCEMENT

$250,000

COMMUNITY SCHOOL NAPLES

Org PageRecipient Profile

Naples, FL

PURPOSE: EDUCATION ADVANCEMENT

$250,000

COMMUNITY SCHOOL NAPLES

Org PageRecipient Profile

Naples, FL

PURPOSE: EDUCATION ADVANCEMENT

$50,000

COMMUNITY SCHOOL NAPLES

Org PageRecipient Profile

Naples, FL

PURPOSE: EDUCATION ADVANCEMENT

$20,000

AMERICAN HEART ASSOCIATION

Org PageRecipient Profile

Dallas, TX

PURPOSE: HEART HEALTH IMPROVEMENT

$10,000

RENSSELAER POLYTECHNIC

PURPOSE: EDUCATION ADVANCEMENT

$10,000
View Grant Profile

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