Hobbs Foundation Corp

Atlanta, GA
Tax-exempt since June 1997
EIN: 31-1538421

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$17.7k (2024)

Expenses

$11.7k (2024)

Total Assets

$54.6k (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$17,693

Expenses

$11,661

Net Income

$6,032

Net Assets

$54,612

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$61	0.3%
Interest Revenue	$0
Dividends	$9,735	55.0%
Sales of Assets	$7,897	44.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$10,500	90.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$54,612
Total Liabilities	$0
Net Assets	$54,612

Compensation

Key Employees and Officers	Compensation	Other
Douglas H Hobbs (Director)	$0	$0
Richard L Hobbs (Director)	$0	$0
James C Hobbs Iii (President)	$0	$0

990-PF

Filed on Nov. 17, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$9,165

Expenses

$8,611

Net Income

$554

Net Assets

$56,874

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$9,165	100%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,000	92.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$56,874
Total Liabilities	$0
Net Assets	$56,874

Compensation

Key Employees and Officers	Compensation	Other
Douglas H Hobbs (Director)	$0	$0
Richard L Hobbs (Director)	$0	$0
James C Hobbs Iii (President)	$0	$0

990-PF

Filed on Nov. 7, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$8,905

Expenses

$13,111

Net Income

-$4,206

Net Assets

$56,429

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$8,905	100%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$12,500	95.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$56,429
Total Liabilities	$0
Net Assets	$56,429

Compensation

Key Employees and Officers	Compensation	Other
Douglas H Hobbs (Director)	$0	$0
Richard L Hobbs (Director)	$0	$0
James C Hobbs Iii (President)	$0	$0

990-PF

Filed on Nov. 13, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

-$10,946

Expenses

$16,511

Net Income

-$27,457

Net Assets

$52,733

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$9,452
Sales of Assets	-$20,398
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,036	97.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$52,733
Total Liabilities	$0
Net Assets	$52,733

Compensation

Key Employees and Officers	Compensation	Other
Douglas H Hobbs (Director)	$0	$0
Richard L Hobbs (Director)	$0	$0
James C Hobbs Iii (President)	$0	$0

990-PF

Filed on Nov. 11, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$9,090

Expenses

$14,011

Net Income

-$4,921

Net Assets

$81,373

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$9,089	100.0%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$13,536	96.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$81,374
Total Liabilities	$1
Net Assets	$81,373

Compensation

Key Employees and Officers	Compensation	Other
Douglas H Hobbs (Director)	$0	$0
Richard L Hobbs (Director)	$0	$0
James C Hobbs Iii (President)	$0	$0

990-PF

Filed on Oct. 28, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

-$11,587

Expenses

$18,511

Net Income

-$30,098

Net Assets

$85,373

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$13
Dividends	$9,505
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$18,036	97.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$85,374
Total Liabilities	$1
Net Assets	$85,373

Compensation

Key Employees and Officers	Compensation	Other
Douglas H Hobbs (Director)	$0	$0
Richard L Hobbs (Director)	$0	$0
James C Hobbs Iii (President)	$0	$0

990-PF

Filed on Nov. 16, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$8,793

Expenses

$16,778

Net Income

-$7,985

Net Assets

$115,494

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$11	0.1%
Dividends	$8,782	99.9%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,328	97.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$115,494
Total Liabilities	$0
Net Assets	$115,494

Compensation

Key Employees and Officers	Compensation	Other
Douglas H Hobbs (Director)	$0	$0
Richard L Hobbs (Director)	$0	$0
James C Hobbs Iii (President)	$0	$0

990-PF

Filed on Nov. 13, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$9,132

Expenses

$15,597

Net Income

-$6,465

Net Assets

$115,320

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$8	0.1%
Dividends	$9,124	99.9%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$15,147	97.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$115,320
Total Liabilities	$0
Net Assets	$115,320

Compensation

Key Employees and Officers	Compensation	Other
Douglas H Hobbs (Director)	$0	$0
Richard L Hobbs (Director)	$0	$0
James C Hobbs Iii (President)	$0	$0

990-PF

Filed on Nov. 12, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$1,372

Expenses

$21,611

Net Income

-$20,239

Net Assets

$118,875

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$8,607	> 100%
Sales of Assets	-$7,235
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$21,011	97.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$118,875
Total Liabilities	$0
Net Assets	$118,875

Compensation

Key Employees and Officers	Compensation	Other
Douglas H Hobbs (Director)	$0	$0
Richard L Hobbs (Director)	$0	$0
James C Hobbs Iii (President)	$0	$0

990-PF

Filed on Sept. 5, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$7,745

Expenses

$14,438

Net Income

-$6,693

Net Assets

$148,659

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$8,505	> 100%
Sales of Assets	-$760
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$13,928	96.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$148,659
Total Liabilities	$0
Net Assets	$148,659

Compensation

Key Employees and Officers	Compensation	Other
Douglas H Hobbs (Director)	$0	$0
Richard L Hobbs (Director)	$0	$0
James C Hobbs Iii (President)	$0	$0

990-PF

Filed on May 12, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$28,284

Expenses

$26,692

Net Income

$1,592

Net Assets

$151,363

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$7,841	27.7%
Sales of Assets	$20,443	72.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$26,182	98.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$151,363
Total Liabilities	$0
Net Assets	$151,363

Compensation

Key Employees and Officers	Compensation	Other
Douglas H Hobbs (Director)	$0	$0
Richard L Hobbs (Director)	$0	$0
James C Hobbs Iii (President)	$0	$0

990-PF

Filed on May 14, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$13,236

Expenses

$18,030

Net Income

-$4,794

Net Assets

$158,164

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$7,115	53.8%
Sales of Assets	$6,120	46.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$17,555	97.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$158,164
Total Liabilities	$0
Net Assets	$158,164

Compensation

Key Employees and Officers	Compensation	Other
Douglas H Hobbs (Director)	$0	$0
Richard L Hobbs (Director)	$0	$0
James C Hobbs Iii (President)	$0	$0

990-PF

Filed on Aug. 12, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$6,480

Expenses

$13,883

Net Income

-$7,403

Net Assets

$163,637

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$6,480	100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$13,483	97.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$163,638
Total Liabilities	$1
Net Assets	$163,637

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$5,940

Expenses

$11,532

Net Income

-$5,592

Net Assets

$172,045

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2	0.0%
Dividends	$5,938	100.0%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$10,660	92.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$172,046
Total Liabilities	$1
Net Assets	$172,045

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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Hobbs Foundation Corp

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $17.7k (2024)

Expenses $11.7k (2024)

Total Assets $54.6k (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$17.7k (2024)

Expenses

$11.7k (2024)

Total Assets

$54.6k (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

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2022

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2021

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2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
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2002

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2001