Hoblitzelle Foundation
- Assets
- $132.9m
- Revenue
- $13.3m
- Investments
- $126.9m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 10/1953
- Data as of
- 04/2024
- 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 04/2024, Hoblitzelle Foundation generated $13.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $8.0m during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Hoblitzelle Foundation has awarded 558 individual grants totaling $71,164,389. 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 |
|---|---|---|---|
Karen L Shuford Chairman | 1 | $0 | |
Jere W Thompson Jr Vice Chairman | 1 | $0 | |
Kathryn H Robbins President And CEO | 40 | $269,578 | |
Holland P Gary Treasurer | 1 | $0 | |
Chris T Baker Executive Assistant | 40 | $78,153 | |
Catherine M Rose Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,581,628 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,588,761 |
| Capital Gain Net Income | $9,588,761 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $80,862 |
| Total Revenue | $13,251,251 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $347,731 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $134,704 |
| Interest | $0 |
| Taxes | $217,842 |
| Depreciation | $0 |
| Occupancy | $94,520 |
| Travel, conferences, and meetings | $30,021 |
| Printing and publications | $0 |
| Other expenses | $45,864 |
| Total operating and administrative expenses | $1,490,249 |
| Contributions, gifts, grants paid | $6,489,150 |
| Total expenses and disbursements | $7,979,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,354 |
| Savings and temporary cash investments | $5,658,868 |
| Net Accounts receivable | $346,920 |
| 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 | $132,939,156 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $3,625,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,737,366 |
| Total liabilities | $5,362,366 |
Grants Awarded
Over the last fiscal year, Hoblitzelle Foundation has awarded $10,714,150 in support to 77 organizations.
| Grant Recipient | Amount |
|---|---|
BETTER TOGETHER FUND PURPOSE: FOR RENEWED COMMITMENT TO THE BETTER TOGETHER FUND. | $50,000 |
AGAPE CLINIC PURPOSE: FOR UPDATED TECHNOLOGY. | $45,000 |
AGAPE RESOURCE AND ASSISTANCE CENTER INC PURPOSE: TOWARD A CAPITAL CAMPAIGN FOR AN INCLUSIVE, SCALED-RENT URBAN VILLAGE. | $30,000 |
BIG BEND CONSERVANCY PURPOSE: GIFT IN HONOR OF JOHN TINDALL'S SERVICE AS HOBLITZELLE FOUNDATIONS PORTFOLIO MANAGER AT BANK OF AMERICA. | $2,500 |
BISHOP LYNCH HIGH SCHOOL PURPOSE: TOWARD A CAPITAL CAMPAIGN FOR CAMPUS IMPROVEMENTS | $100,000 |
BOYS AND GIRLS CLUBS OF GREATER DALLAS PURPOSE: TOWARD SIGNIFICANT UPDATES TO THE OAK CLIFF CLUB. | $50,000 |