Funder DirectoryJT HOBBY JR ENDOWMENT FUND
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Private foundation (trust)EIN 456575237Est. 2012-07

JT HOBBY JR ENDOWMENT FUND

RALEIGH, NC 27619

Total Assets

$5.5M

FY 2023

Annual Giving

$277K

FY 2023

Grants Made

19

FY 2023

Avg Grant

$15K

FY 2023

Grant Range

$1K–$100K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$152K

Total Expenses

$347K

Qualifying Distributions

$277K

Distributable Amount

$258K

Min. Investment Return

$259K

Undistributed Income

$248K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

19 grants

Grant sizes from minimum $1K through median $5K to maximum $100K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2023. Peak $280K in 2022. Hover bars for details.

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

Top Recipients

74 grants

JOHN THOMAS HOBBY JR SCHOLARSHIP ENDOWMENT NC STATE UNIVERSITY FOUNDATIO
$300K
3 grants
FISHBURNE HUDGINS EDUCATIONAL FOUNDATION FISHBURNE MILITARY ACADEMY
$200K
4 grants
WHITE MEMORIAL PRESBYTERIAN CHURCH
$100K
4 grants
JOHN THOMAS HOBBY JR SCHOLARSHIP ENDOWMENT NC STATE UNIVERSITY
$100K
1 grant
THE LUSTGARTEN FOUNDATION
$80K
4 grants
BAPTIST CHILDREN'S HOME OF NC
$40K
4 grants
TRIANGLE FAMILY SERVICES
$40K
4 grants
HILLTOP HOME FOUNDATION
$40K
4 grants

Grant Size Distribution

74 grants

<$10K
55
grants
$10–50K
15
grants
$50–250K
4
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

5 states

North Carolina
$806K
73% of total
Virginia
$200K
18% of total
New York
$80K
7% of total
Tennessee
$14K
1% of total
Iowa
$10K
1% of total

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