Nobbs Family Foundation
- Assets
- $61.7m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 45-6644674
Organization Overview
Nobbs Family Foundation is located in San Diego, CA. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Nobbs Family 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 12/2021, Nobbs Family Foundation generated $4.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $4.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Nobbs Family Foundation has awarded 725 individual grants totaling $7,766,512. 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 |
|---|---|---|---|
Jeffrey Nobbs Trustee | 27 | $177,500 | |
Rand Sperry Trustee | 27 | $177,500 | |
Phyllis Kruckenberg Trustee | 27 | $177,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $243,017 |
| Dividends & Interest | $177,822 |
| Net Rental Income | $868,239 |
| Net Gain on Sale of Assets | $76,404 |
| Capital Gain Net Income | $76,404 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $166,437 |
| Total Revenue | $4,055,115 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $532,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $338,361 |
| Taxes | $493,594 |
| Depreciation | $458,134 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,444,714 |
| Total operating and administrative expenses | $3,364,197 |
| Contributions, gifts, grants paid | $1,473,250 |
| Total expenses and disbursements | $4,837,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,282,142 |
| Savings and temporary cash investments | $15,670,019 |
| Net Accounts receivable | $153,810 |
| 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 | $335,254 |
| Net Investments - land, buildings, equipment | $34,387,807 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,879,830 |
| Total assets | $61,708,862 |
| Accounts payable and accrued expenses | $138,124 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $8,066,587 |
| Other liabilities | $350,931 |
| Total liabilities | $8,555,642 |
Grants Awarded
Over the last fiscal year, Nobbs Family Foundation has awarded $1,473,250 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
HIGHER GROUND PURPOSE: TO PROVIDE FUNDS FOR CHARITABLE ACTIVITIES | $312,500 |
BRIGHAM YOUNG UNVERSITY PURPOSE: TO PROVIDE FUNDS FOR CHARITABLE ACTIVITIES | $131,000 |
MALTESE RESCUE PURPOSE: TO PROVIDE FUNDS FOR CHARITABLE ACTIVITIES | $100,000 |
WELLS OF LIFE PURPOSE: TO PROVIDE FUNDS FOR CHARITABLE ACTIVITIES | $79,500 |
San Diego, CA PURPOSE: TO PROVIDE FUNDS FOR CHARITABLE ACTIVITIES | $76,500 |
La Jolla, CA PURPOSE: TO PROVIDE FUNDS FOR CHARITABLE ACTIVITIES | $55,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Panta Rhea Foundation Inc La Jolla, CA | $7,390,044 | $496,518 |
The Helen Diller Family Foundation San Francisco, CA | $1,836,980 | $8,770,214 |
Stephen M Silberstein Foundation Belvedere, CA | $79,901,221 | $6,376,686 |
Wholesale Beer Distributors Industry Trust Pleasanton, CA | $3,898,810 | $9,106,079 |
Tw Ld Mceachearn Las Vegas, NV | $148,667,574 | $29,051,713 |
Georgia A Lynch Trust Phoenix, AZ | $748,550 | $1,825,283 |
Rea Charitable Trust Las Vegas, NV | $108,024,869 | $14,015,969 |
Klm Foundation Los Angeles, CA | $0 | $8,859,147 |
Nobbs Family Foundation San Diego, CA | $61,708,862 | $4,055,115 |
P F Bresee Foundation Los Angeles, CA | $3,574,521 | $4,338,707 |
Carrico Family Foundation Medford, OR | $33,120,720 | $4,067,868 |
Hitz Foundation Palo Alto, CA | $70,645,117 | $12,925,863 |