Private foundation (trust)EIN 453751544Est. 2013-03
NEW HORIZONS FOUNDATION
HOBBS, NM 88240
Total Assets
$1.1M
FY 2022
Annual Giving
—
FY 2022
Grants Made
0
FY 2022
Avg Grant
—
FY 2022
Grant Range
—
Typical
Deadlines
—
Applications
Programs & Activities
Program 1
$219KFunding for the technology transfer team of professionals who possess a wide range of skils and expertise that gives southeastern new mexico capabilities that have never been available for knowledge-based economic development before.
Program 2
$43KFunding the operations and capabilities at the dod labs and within lea county to commercialize technologies licensed from within the dod lab network or discovered by entrepreneurs who live in the permian basin.
Program 3
$24KUnding the ongoing education of the citizens of the lea county, southeastern new mexico, and the permian basin as to what "knowledge-based" ecomonic developement is and the value it possesses for the future.
Focus Areas
Financial Snapshot
2022 filing
Total Revenue
$550K
Total Expenses
$289K
Qualifying Distributions
$240K
Distributable Amount
$8K
Min. Investment Return
$8K
Payout rate
Qualifying distributions as a share of distributable amount.
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