Private Foundation

HOBBS FOUNDATION C/O STERLING FOUNDATION MANAGEMENT LLC

HOBBS FOUNDATION C/O STERLING FOUNDATION MANAGEMENT LLC is a Private Foundation headquartered in RESTON, VA. Financial data from the 2025 filing: $2.6M revenue, $995K expenses, $14.3M total assets. IRS filings disclose 302 grants awarded by this foundation, totaling roughly $4.9M.

EIN: 522287607 RESTON, VA Latest filing: 2025
Total Revenue$2.6M
Total Expenses$995K
Total Assets$14.3M
Grants Given302
Grant Total$4.9M
Filing Years2021–2025

Sample Grants Given

EDUCATE TOMORROW
MIAMI SHORES, FL · 2025
PROJECT SUPPORT
$30,000
FAMILY PROMISE INC
SUMMIT, NJ · 2025
PROJECT SUPPORT
$30,000
CHILDREN'S HARBOR INC
PEMBROKE PINES, FL · 2025
PROJECT SUPPORT
$30,000
DAWNING FAMILY SERVICES
TAMPA, FL · 2025
PROJECT SUPPORT
$30,000
HEART GALLERY OF TAMPA INC
TAMPA, FL · 2025
PROJECT SUPPORT
$30,000

Showing up to 5 of 302 total records — full history available with membership.

Officers & Directors

PRESIDENT/DIRECTOR Russell Hobbs

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$3,111,354 194 grants
PROJECT SUPPORT
$1,450,000 72 grants
GRANT RESTRICTED TO APPLICATION
$360,000 36 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.6M $995K $14.3M
2024 $2.9M $930K $12.8M
2023 $1.2M $861K $10.8M
2022 $1.3M $829K $10.5M
2021 $1.6M $733K $9.9M

Between 2021 and 2025, reported annual revenue grew from $1.6M to $2.6M (+60%), with total assets most recently reported at $14.3M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, CO, FL, IA, NJ, PA, and 1 other state.

CACOFLIANJPATX

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for HOBBS FOUNDATION C/O STERLING FOUNDATION MANAGEMENT LLC

Complete financials, all 302 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

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