Doris K Hobson Family Foundation
- Assets
- $1.9m
- Revenue
- $196.8k
- Investments
- $1.9m
- Employees
- 0
- Location
- Naples, FL
- Founding
- 06/1999
- Data as of
- 08/2023
- EIN
- 65-6285127
Organization Overview
Doris K Hobson Family Foundation is located in Naples, FL. The organization was established in 1999. 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. Doris K Hobson 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 08/2023, Doris K Hobson Family Foundation generated $196.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $170.2k during the year ending 08/2023. While expenses have increased by 3.9% per year over the past 8 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, Doris K Hobson Family Foundation has awarded 154 individual grants totaling $1,202,385. 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 |
|---|---|---|---|
Doris K Hobson Trustee | 0.5 | $0 | |
Kenneth K Kinsey Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $52,406 |
| Interest on Savings | $2,173 |
| Dividends & Interest | $120,817 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,060 |
| Capital Gain Net Income | $21,060 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $380 |
| Total Revenue | $196,836 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,417 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,155 |
| Contributions, gifts, grants paid | $161,000 |
| Total expenses and disbursements | $170,155 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $55,539 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,925,329 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Doris K Hobson Family Foundation has awarded $161,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
HOLDEN COMPREHENSIVE HEALTH CENTER PURPOSE: GENERAL OPERATING BUDGET | $20,000 |
CONSERVANCY OF SOUTHWEST FLORIDA PURPOSE: GENERAL OPERATING BUDGET | $5,000 |
UNITED STATES POWER SQUADRON PURPOSE: FOUNDATION ENDOWMENT SUPPORT | $1,000 |
UNITED STATES POWER SQUADRON PURPOSE: EDUCATION FUND SUPPORT | $1,000 |
WGCU PUBLIC MEDIA (FLORIDA GULF COAST UNIVERSITY) PURPOSE: GENERAL OPERATING BUDGET | $1,000 |
ARTIS-NAPLES (NAPLES PHILHARMONIC CENTER FOR THE ARTS) PURPOSE: GENERAL OPERATING BUDGET | $5,000 |