Accepts applications
Can I apply?
Accepts applications
The funder's latest Form 990-PF says it accepts applications. Read the instructions below before you write.
- How to apply
The funder's latest Form 990-PF says it accepts applications. Read the instructions below before you write.
Application policy: Accepts applications, as stated on the FY2024 return.
These lines count this foundation's own Form 990-PF returns that the IRS has published as data. An amended return replaces its original. They describe past returns only.
This is a count from past returns. It does not say the foundation will consider a new request. How it is counted: names are compared as written on the returns, without "The" at the start, without endings such as "Inc" or "LLC", and without spaces and punctuation. A recipient also counts as already listed when our records link it to the same organization as an earlier recipient, or when its name is almost the same as an earlier name (a trigram similarity of 0.8 or more, where 1 means identical). The state on the grant row is not compared. Grants that the foundation marked as paid to an individual, such as a scholarship, are left out of both numbers, and no count is shown when most of its grants are marked that way. A person whom the foundation did not mark as an individual is still counted as a recipient. A recipient can still look new when its name is written very differently from year to year, and two different recipients with almost the same name can be counted as one.
Application guidance comes from the funder's own Form 990-PF, Part XV (the section where a private foundation says how to apply), shown as filed. It is the funder's words, not ours. These fields are free text and the IRS form cuts them short. Filers sometimes put whole sentences in the contact-name box. Shown exactly as filed.
Giving by year
Total assets by year
| Year | Form | Revenue | Expenses | Giving | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990-PF | $14,360,756 | $13,164,858 | $7,590,282 | $247,296,657 |
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
Where recipients are
Based on the 52% 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 |
|---|---|---|---|---|
| Covenant Health SystemLubbock, TX | new hospital | $5,800,000 | 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 |
|---|---|---|---|
| Ann M Utterback | Director | 4.00 | $50,492 |
| Benjamin W Maddox | Director | 5.00 | $56,271 |
| Catherine M Maddox | Director | 20.00 | $83,591 |
| John L Maddox | Director |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| $247,296,657 |
| FY2023 | 990-PF | $9,585,770 | $16,682,563 | $11,504,992 | $246,101,367 | $246,100,759 |
| FY2022 | 990-PF | $16,076,297 | $17,398,292 | $12,753,603 | $253,197,980 | $253,197,552 |
| FY2021 | 990-PF | $29,688,484 | $15,540,990 | $11,356,407 | $254,534,261 | $254,519,547 |
| FY2020 | 990-PF | $15,567,055 | $10,112,889 | $5,492,562 | $240,372,497 | $240,372,053 |
| CTECH Construction |
| $5,000,000 |
| 2021 |
| Hobbs Municipal SchoolsHobbs, NM | Career Technical Education School Construction (CTECH) | $5,000,000 | 2022 |
| Habitat for Humanity International IncHobbs, NM | Construction Costs | $515,500 | 2024 |
| Habitat for Humanity International IncHobbs, NM | Restore Property Purchase | $450,000 | 2021 |
| United Way of Lea County Inc Hobbs NMHobbs, NM | 2022 - 2023 Campaign Support | $412,822 | 2022 |
| United Way of Lea County Inc Hobbs NMHobbs, NM | Campaign Support 2020-2023 | $403,328 | 2021 |
| City of LovingtonLovington, NM | 2024 Hispanic Heritage Concert Series and lovington youth center | $400,000 | 2024 |
| City of LovingtonLovington, NM | Broadband Infrastructure | $390,000 | 2022 |
| United Way of Lea County IncHobbs, NM | Campaign Support and 2024 Hobbs August Nites Family Entertainment | $386,221 | 2024 |
| United Way of Lea County IncHobbs, NM | Capital Campaign support + Employee matching + warming station + wheelchair basketball tournament + Reading Under the Lights Scholastic Book Purchase | $327,677 | 2023 |
| Nor-Lea Hospital DistrictLovington, NM | COVID-19 Community Vaccination Response | $324,000 | 2021 |
| Golden Apple Foundation For Excellence In TeachingChicago, IL | Addressing the Shortage of Highly-Effective Teachers in New Mexico | $300,000 | 2024 |
| Lovington Mainstreet CorporationLovington, NM | Not Vacant Shindig + Smokin' on the Plaza 2023 + Lea Theatre Revitalization | $298,758 | 2023 |
| Southwest Foundation for Osteopathic Education and ResearchLas Cruces, NM | Burrell Residency Program | $286,125 | 2024 |
| City of LovingtonLovington, NM | Runnels Softball Complex Renovations, Police Car Purchase, & City Training | $280,000 | 2022 |
| Unity Recovery SolutionsWeatherford, TX | Women's Sober Living Home (Unity House) + general operating support | $277,816 | 2023 |
| United Way of Lea County Inc Hobbs NMHobbs, NM | Campaign Support 2019-2023 | $206,070 | 2020 |
| West Texas Counseling & GuidanceSan Angelo, TX | Permian Basin Counseling & Guidance - Lea County | $200,167 | 2022 |
| Habitat for Humanity International IncHobbs, NM | Construction Costs 2020-2022 | $200,000 | 2020 |
| Golden Apple Foundation For Excellence In TeachingChicago, IL | Addressing the Shortage of Highly-Effective Teachers in New Mexico - | $200,000 | 2023 |
| Covenant Health System FoundationLubbock, TX | Covenant Children's School for Chronically Ill Children - Renovations | $150,000 | 2022 |
| Southwest SymphonyHobbs, NM | 2022-2023 Season | $150,000 | 2022 |
| American College of Cardiology FoundationWashington, DC | ACCF's Rural Cardiovascular Care Efforts | $150,000 | 2022 |
| Hobbs Hispano Chamber of Commerce FoundationHobbs, NM | 2023 Mariachi Christmas, Fiestas de Septiembre 2024, 2024 Downtown Events | $146,719 | 2024 |
| 4.00 |
| $39,091 |
| Mariasusana Arvizu | Director | 5.00 | $47,256 |
| Paul V Campbell | Director | 4.00 | $42,091 |
| Thomas M Maddox | Director | 4.00 | $36,492 |
| David Reed | COO/Secretary | 40.00 | $149,674 |
| Mayra Lovas | Vice President - Grant | 40.00 | $137,253 |
| TJ PARKS | CEO | 40.00 | $312,000 |
| KERRI GRAY | DIRECTOR OF FINANCE | 40.00 | $77,798 |
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-PF · FY2023 · period ending Dec 31, 2023IRS bulk XML
Filing id 202433199349103013
Form 990-PF · FY2022 · period ending Dec 31, 2022
Filing id 202323199349103047
Form 990-PF · FY2021 · period ending Dec 31, 2021
Filing id 202213199349103181
Form 990-PF · FY2020 · period ending Dec 31, 2020
Filing id 202123169349104372
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.