NonprofitsUniversity Of The Southwest Foundation

University Of The Southwest Foundation

HOBBS, NM

Total revenue

$1.3M

Total expenses

$633K

Net assets

$22.5M

Grants received

$1.3M

8 grants

EIN

237424724

Tax year

2024

Mission

To support the mission and operations of university of the southwest.

Financials

FY 2024

Revenue

Contributions & grants$319K
Program service revenue
Investment income$524K
Other revenue$422K
Total revenue$1.3M

Expenses

Grants paid$627K
Salaries & benefits
Fundraising
Other expenses$6K
Total expenses$633K
Total assets$22.5M
Net assets$22.5M

People

10 listed

NameRoleCompensation

MICHAEL PEARSON

CHAIR

Board

1 hrs/wk

DR RYAN TIPTON

CEO

Board

1 hrs/wk

LARRY GANDY

VICE-CHAIR

Board

1 hrs/wk

SUMMER WRIGHT

SECRETARY

Board

1 hrs/wk

LISA HARDISON

BOARD MEMBER

Board

1 hrs/wk

RANDY HOBBS

BOARD MEMBER

Board

1 hrs/wk

LEE ROBERSON

BOARD MEMBER

Board

1 hrs/wk

R FINN SMITH

BOARD MEMBER

Board

1 hrs/wk

SAMUEL S SPENCER JR

BOARD MEMBER

Board

1 hrs/wk

DR PAULA SMITH

TREASURER

Board

1 hrs/wk

Grants received

Showing 8 of 8

FromAmountPurposeYear
$253K
ENDOWMENT TRANSFER
2024
$400K
Endowment transfer
2023
$10K
GENERAL SUPPORT
2022
$3K
Program Support
2022
$2K
Program Support
2021

Funded by

$1.3M from 5 funders · 8 grants · 2017–2024

University Of The Southwest

$1.2M · 3 grants · 2022–2024

Desert Community Foundation

$20K · 1 grant · 2017

Pga Tour Inc

$10K · 1 grant · 2022

Enterprise Holdings Foundation

$5K · 2 grants · 2021–2022

Details

EIN237424724
Subsection03
Ruling date1975-01
Formed1974
Employees0
Volunteers8
UNIVERSITY OF THE SOUTHWEST FOUNDATION — Mission, Financials & Grants Received | Grantivo