Private foundation (trust)EIN 742587600Est. 1991-04

HOBBS FOUNDATION

WACO, TX 76712

Total Assets

$552K

FY 2024

Annual Giving

$11K

FY 2024

Grants Made

2

FY 2024

Avg Grant

$6K

FY 2024

Grant Range

$1K–$10K

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$18K

Total Expenses

$18K

Qualifying Distributions

$13K

Distributable Amount

$27K

Min. Investment Return

$27K

Payout rate 48%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.48%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

5 years

Giving over time from 2020 to 2024. Peak $40K in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

31 grants

MISSION WACO
$26K
5 grants
LEGACY FAMILY MINISTRIES
$18K
1 grant
MUSEUM OF THE BIBLE
$18K
3 grants
FIRST BAPTIST CHURCH OF WOODWAY
$9K
3 grants
ADVOCACY CENTER WACO
$8K
3 grants
BAYLOR SCOTT & WHITE - CENTRAL TEXAS FOUNDATION
$7K
2 grants
MIDWAY CHOIR BOOSTER ORGANIZATION
$5K
1 grant
WACO FIREFIGHTER HONOR GUARD
$4K
1 grant

Grant Size Distribution

31 grants

<$10K
30
grants
$10–50K
1
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

Texas
$87K
82% of total
District of Columbia
$18K
17% of total
Colorado
$998
1% of total

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HOBBS FOUNDATION — Grants, Financials & Contact | Grantivo