The Hobson Family Foundation
- Assets
- $0.0
- Revenue
- $33.0k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 06/1988
- Data as of
- 12/2023
- EIN
- 94-3061589
Organization Overview
The Hobson Family Foundation is located in San Francisco, CA. The organization was established in 1988. 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. 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 12/2023, Hobson Family Foundation generated $33.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $33.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hobson Family Foundation has awarded 297 individual grants totaling $891,700. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES DIRECT CASH CONTRIBUTIONS TO A VARIETY OF CHARITABLE, EDUCATIONAL, SCIENTIFIC, RELIGIOUS AND CULTURAL ORGANIZATIONS AS WELL AS THOSE FOCUSING ON THE ENVIRONMENT AND INTERNATIONAL HUMANITARIAN ISSUES. 3 CONTRIBUTIONS WERE MADE TO 3 DIFFERENT ORGANIZATIONS DURING 2023 IN THE FOLLOWING AMOUNTS:WEST MARIN FUND $10,000NEPAL YOUTH FOUNDATION $1,000VIVALON HEALING AGING CENTER $500
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra S Hobson President | 2 | $0 | |
Charles M Hobson Secretary | 2 | $0 | |
Mary Daniel Hobson Director | 2 | $0 | |
Parker Hobson Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,787 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $26,225 |
| Capital Gain Net Income | $26,225 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $33,012 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,813 |
| Total operating and administrative expenses | $21,512 |
| Contributions, gifts, grants paid | $11,500 |
| Total expenses and disbursements | $33,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, The Hobson Family Foundation has awarded $11,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NEPAL YOUTH FOUNDATION PURPOSE: GENERAL | $1,000 |
VIVALON HEALTHING AGE CENTER PURPOSE: GENERAL | $500 |
WEST MARIN FUND PURPOSE: GENERAL | $10,000 |