Funder DirectoryJF Maddox Foundation
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Private foundation (trust)EIN 756023767Est. 1964-10

JF Maddox Foundation

Hobbs, NM 882412588

Accepts unsolicited proposals

Total Assets

$267.2M

FY 2023

Annual Giving

$8.9M

FY 2023

Grants Made

158

FY 2023

Avg Grant

$56K

FY 2023

Grant Range

$250–$5.8M

Typical

Deadlines

Scholarship applications must be recei…

Applications

Programs & Activities

Program 1

$364K

Management and administration of Jack Maddox Distinguished Lecture Series (DLS). Refer to website at www.jfmaddox.org

Program 2

$250K

Management & administration of jack maddox distinguished scholarship program. Refer to website at www.jfmaddox.org jack maddox distinguished scholarship program: an independent scholarship selection committee screens applications, selects up to 15 semifinalists to interview, then choose five finalists. Finalists are interviewed and one is selected to receive the jack maddox distinguished scholarship award which pays full tuition, required fees, textbooks, and room & board. The remaining four finalists receive a $20,000 scholarship for four years of undergraduate study. To support the five scholars in acceptance to their school of choice they are also provided a college counselor, cost reimbursement for attending a regional college fair, and up to $250 for college application fees. All semi-finalists receive a notebook computer.

Program 3

$147K

The Maddox Leadership Institute is a nine-month, evidence-informed leadership development program that builds individual knowledge, skills, and self-efficacy in aspiring community leaders. The program is taught by faculty from the J.W. Fanning Institute for Leadership Development out of the University of Georgia. The program is skill-building intensive, with special attention to instructional delivery catered to adult learning preferences.

Program 4

$45K

the Hobbs Campaign for Grade-Level Reading has formed a coalition of community partners who are committed to ensuring early school success by addressing experiences holistically and focusing on community-driven initiatives to help children and families. The JF Maddox Foundation has partnered with stakeholders from the Hobbs Municipal School District, the City of Hobbs, United Way of Lea County, Literacy Coalition of the Permian Basin, University of the Southwest, New Mexico Junior College, Nor-Lea Hobbs Medical Clinic, Hobbs Public Library, and others, to come together to give our youth tools to increase academic achievement and improve their literacy rates.

Focus Areas

Education

Financial Snapshot

2023 filing

Total Revenue

$9.6M

Total Expenses

$16.7M

Qualifying Distributions

$11.5M

Distributable Amount

$12.7M

Min. Investment Return

$12.8M

Undistributed Income

$335K

Payout rate 91%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.91%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

158 grants

Grant sizes from minimum $250 through median $5K to maximum $5.8M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2020 to 2023. Peak $9.9M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

Covenant Health System
$5.8M
1 grant
Hobbs Municipal Schools
$5.1M
6 grants
City of Lovington
$779K
5 grants
United Way of Lea County Inc Hobbs NM
$759K
8 grants
Lovington Mainstreet Corporation
$361K
4 grants
Habitat for Humanity International Inc
$329K
6 grants
United Way of Lea County Inc
$328K
1 grant
Golden Apple Foundation For Excellence In Teaching
$300K
2 grants

Grant Size Distribution

500 grants

<$10K
311
grants
$10–50K
142
grants
$50–250K
39
grants
$250K–1M
6
grants
$1–5M
1
grants
$5M+
1
grants

Geographic Focus

25 states

New Mexico
$12.0M
56% of total
Texas
$7.2M
34% of total
Massachusetts
$430K
2% of total
North Carolina
$323K
2% of total
Illinois
$312K
1% of total
Missouri
$242K
1% of total
District of Columbia
$169K
1% of total
Georgia
$138K
1% of total
New York
$132K
1% of total
Maryland
$110K
1% of total

+15 more states

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