A Private Foundation located in Hobbs, NM



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

J

2022 Tax Year

About this Private Foundation: 376629


The foundation is a private nonprofit located in Hobbs, focused on enhancing education and community development. It provides grants for various initiatives, including literacy programs, support for educational justice, and efforts to combat health issues in the community. The foundation also manages scholarship programs and lectures that promote educational advancement. It collaborates with local stakeholders to address learning loss and improve community resources through assessments and action plans. By supporting these initiatives, the foundation aims to foster equitable access to education and enhance the overall well-being of the community.

Foundation Profile


In the realm of charitable giving, one private foundation stands out for its unwavering commitment to enhancing educational opportunities and fostering community development. With total assets amounting to approximately $268.7 million in the 2023 tax year, this foundation distributed an impressive $12.8 million in grants, reflecting its dedication to impactful philanthropy. The foundation prioritizes funding initiatives that address critical educational needs, particularly in response to the challenges posed by the COVID-19 pandemic. It champions programs aimed at improving literacy rates and reducing learning loss, thereby creating a safe and supportive environment for students in the community. Additionally, it focuses on enhancing educational equity and access, ensuring that all children have the resources they need to thrive academically. Geographically, the foundation’s influence extends across Lea County, New Mexico, and beyond, targeting areas that require significant investment in social services and educational infrastructure. Its collaborative approach involves partnering with local stakeholders and community development consultants to assess and address pressing needs. This includes initiatives that beautify public landscapes, reflecting a community's pride and sense of value. Eligibility for funding is open to organizations that align with the foundation’s mission of promoting educational advancement and community well-being. Grants are awarded to support general operating expenses, specific educational initiatives, and community-driven projects that demonstrate potential for lasting impact. With a history of substantial contributions—including notable grants to local educational institutions and community organizations—this foundation exemplifies the transformative power of strategic philanthropy. If your organization is dedicated to enhancing educational outcomes or addressing community needs, we encourage you to explore the funding opportunities available through this foundation. Visit The Grant Portal to discover how you can align your mission with their vision for a brighter future.
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Hobbs, NM

Summary

Assets

$268.7m

Distributions

$12.7m

Contributions

$0

Grant Median

$45.5k

Count

217

Grant Max

$5m
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Latest Tax e-Filing

2022

Published by IRS

2023

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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Grants

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Amount

Min
-
Max

State

NM

City

Hobbs

Purpose

Interest

Education

624 results

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About The Grant Portal 

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The Grant Portal is aimed at giving nonprofits unfettered access to a public dataset of Form 990 tax filings published by the IRS.

The project republishes the IRS dataset, verbatim, focusing exclusively on Form 990 PF, the form most commonly filed by private foundations.

Note that the IRS dataset only contains information from electronically-filed tax returns.

The Grant Portal is not affiliated, associated, authorized, endorsed by, or in any way officially connected with any foundation appearing on the site.

Private Foundation Grants of $45.5k Available in Hobbs, NM