This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2025
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2025 | 990 | $21,824,198 | $18,352,001 | $4,016,687 | $20,479,133 | $18,509,668 |
| FY2024 | 990 | $17,490,677 | $17,687,055 | $4,302,775 | $16,764,341 | $15,086,456 |
| FY2023 | 990 | $17,030,000 | $16,554,579 | $4,371,696 | $17,478,150 | $15,160,537 |
| FY2022 | 990 | $18,560,703 | $18,741,410 | $4,802,933 | $18,198,087 | $14,772,875 |
| FY2021 | 990 | $17,670,200 | $18,399,838 | $4,370,329 | $17,944,232 | $15,186,726 |
| FY2020 | 990 | $15,346,902 | $16,714,984 | $3,389,277 | $19,056,918 | $15,415,211 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
No public data foundWhere recipients are
Based on the 100% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| University of the Southwest FoundationHobbs, NM | Support | $508,807 | 2023 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Dr Elaine Sena Cortez | BOARD MEMBER / ADJUNCT PROFESSOR | 8.00 | $9,214 |
| Lee Roberson | CHAIR | 1.00 | $0 |
| David Shaw | VICE-CHAIR | 1.00 | $0 |
| Brad Caress | SECRETARY |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| Endowment transfer |
| $400,000 |
| 2024 |
| UNIVERSITY OF THE SOUTHWEST FOUNDATIONHOBBS, NM | ENDOWMENT TRANSFER | $253,215 | 2025 |
| 1.00 |
| $0 |
| Ken Bromley | BOARD MEMBER | 1.00 | $0 |
| Cliff Brunson | BOARD MEMBER | 1.00 | $0 |
| Laura Castillo Esq | BOARD MEMBER | 1.00 | $0 |
| Heather Evans | BOARD MEMBER | 1.00 | $0 |
| Leanne Gandy | BOARD MEMBER | 1.00 | $0 |
| Dr George Klein | BOARD MEMBER | 1.00 | $0 |
| Michael Newell Esq | BOARD MEMBER | 1.00 | $0 |
| Richard Sanchez | BOARD MEMBER | 1.00 | $0 |
| Connie Sevier | BOARD MEMBER | 1.00 | $0 |
| Bobby Shaw | BOARD MEMBER | 1.00 | $0 |
| Brian Snider | BOARD MEMBER | 1.00 | $0 |
| Samuel S Spencer Jr | BOARD MEMBER | 1.00 | $0 |
| Lizabeth White | BOARD MEMBER | 1.00 | $0 |
| Gary Eidson | BOARD MEMBER (PART YEAR) | 1.00 | $0 |
| Kristi Goodwin | BOARD MEMBER (PART YEAR) | 1.00 | $0 |
| James Lackey | BOARD MEMBER (PART YEAR) | 1.00 | $0 |
| Dr Ryan Tipton | PRESIDENT | 40.00 | $312,715 |
| Dr Paula Smith | EVP/CFO/TREASURER | 50.00 | $160,152 |
| Dr Brianna Lopez | CHIEF ACADEMIC OFFICER | 40.00 | $209,689 |
| Dr Keisha Tipton | DEAN/FACULTY | 40.00 | $146,155 |
| Steve Appel | VICE PRESIDENT | 50.00 | $120,665 |
| Dr Lauren Milam | FACULTY | 40.00 | $104,520 |
| Dr Stephanie Johnson | FACULTY | 40.00 | $108,248 |
| Dr Sandra Johnson | FACULTY | 40.00 | $102,510 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990 · FY2024 · period ending May 31, 2024IRS bulk XML
Filing id 202433389349300813
Form 990 · FY2023 · period ending May 31, 2023
Filing id 202333139349305173
Form 990 · FY2022 · period ending May 31, 2022
Filing id 202213189349311881
Form 990 · FY2021 · period ending May 31, 2021
Filing id 202201039349300440
Form 990 · FY2020 · period ending May 31, 2020
Filing id 202111039349301851
Form 990 · FY2018 · period ending May 31, 2018
Filing id 201813179349307921
Form 990 · FY2017 · period ending May 31, 2017
Filing id 201712839349300306
Form 990 · FY2016 · period ending May 31, 2016
Filing id 201622679349300547
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.