Hoblitzelle Foundation
- Assets
- $135.1m
- Revenue
- $13.0m
- Investments
- $131.3m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 10/1953
- Data as of
- 04/2022
- EIN
- 75-6003984
Organization Overview
Hoblitzelle Foundation is located in Dallas, TX. The organization was established in 1953. 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. Hoblitzelle 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 04/2022, Hoblitzelle Foundation generated $13.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.9%) each year. All expenses for the organization totaled $9.9m during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Hoblitzelle Foundation has awarded 515 individual grants totaling $59,301,489. 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 |
|---|---|---|---|
Kathryn H Robbins President And CEO | 40 | $252,500 | |
Chris T Baker Executive Assistant | 40 | $72,720 | |
Karen L Shuford Chairman | 1 | $0 | |
Jere W Thompson Jr Vice Chairman | 1 | $0 | |
Holland P Gary Treasurer | 1 | $0 | |
Catherine M Rose Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,585,392 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,135,703 |
| Capital Gain Net Income | $10,135,703 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $266,482 |
| Total Revenue | $12,987,577 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $325,220 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $155,250 |
| Interest | $0 |
| Taxes | $206,018 |
| Depreciation | $0 |
| Occupancy | $84,645 |
| Travel, conferences, and meetings | $10,957 |
| Printing and publications | $7,428 |
| Other expenses | $40,318 |
| Total operating and administrative expenses | $1,566,712 |
| Contributions, gifts, grants paid | $8,352,450 |
| Total expenses and disbursements | $9,919,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,521 |
| Savings and temporary cash investments | $3,505,212 |
| Net Accounts receivable | $219,559 |
| 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 | $18,480 |
| Total assets | $135,054,358 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $5,422,200 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2,041,623 |
| Total liabilities | $7,463,823 |
Grants Awarded
Over the last fiscal year, Hoblitzelle Foundation has awarded $12,047,450 in support to 84 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: TOWARD A CAPITAL CAMPAIGN FOR THE NEW COMMUNITY PARK. | $1,600,000 |
Coppell, TX PURPOSE: TOWARD REVITALIZATION OF THE PARK SOUTH YMCA. | $1,000,000 |
SOUTHWESTERN MEDICAL FOUNDATIONUNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CEN PURPOSE: TOWARD A CAPITAL CAMPAIGN FOR THE BRAIN RESEARCH TOWER FOR THE PETER O'DONNELL JR. BRAIN INSTITUTE. | $750,000 |
Arlington, TX PURPOSE: TOWARD A CAPITAL CAMPAIGN TO RENOVATE THE MARGOT PEROT CENTER AT TEXAS HEALTH PRESBYTERIAN HOSPITAL DALLAS. | $500,000 |
Dallas, TX PURPOSE: TOWARD A CAPITAL CAMPAIGN FOR THE NEW COMMUNITY PARK. | $400,000 |
CHILDREN'S MEDICAL CENTER OF DALLAS PURPOSE: TOWARD A CAPITAL CAMPAIGN TO RENOVATE, EXPAND, AND MODERNIZE THE ER DEPT. AT THE DALLAS CAMPUS. | $375,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
Scharbauer Foundation Inc Midland, TX | $271,051,602 | $69,061,413 |
Wildcat Foundation Fort Worth, TX | $836,895 | $18,132,970 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Eugene Mcdermott Foundation Dallas, TX | $220,528,387 | $97,884,779 |
Henderson-Wessendorff Foundation Richmond, TX | $228,160,288 | $17,605,762 |
Walter E Heller Foundation Dallas, TX | $0 | $637,126 |
Carl & Marilynn Thoma Foundation Dallas, TX | $0 | $929,287 |
Beloved In Christ Foundation Austin, TX | $172,986,617 | $3,113,726 |
The Kathryn H Craig Stephen Dudley Heard And Lillie D Heard Memorial Dallas, TX | $1,384 | -$449,918 |
Carroll Petrie Foundation Santa Fe, NM | $306,631,944 | $55,176,464 |
Hamill Foundation Houston, TX | $203,029,849 | $39,782,936 |