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A merit-based scholarship program for Lea County high school students that awards one full-ride scholarship (tuition, room & board), four $20,000 scholarships, and fifteen $5,000 awards. The program also provides access to a professional college counselor and reimbursement for college application fees.
The foundation supports projects and programs that align with its strategic plan to enhance the quality of life in Lea County. Funding is available for projects in social services, economic diversification, community assets, education, and community health.
J F Maddox Foundation is a private corporation based in HOBBS, NM. The foundation received its IRS ruling in 1964. It holds total assets of $247.3M. Annual income is reported at $14.4M. Management & administration of Jack Maddox Distinguished Scholarship Program. Refer to website at www.jfmaddox.org. According to available records, J F Maddox Foundation has made 782 grants totaling $30M, with a median grant of $5K. Annual giving has grown from $2.9M in 2020 to $8.9M in 2023. Grantmaking activity was highest in 2022 with $9.9M distributed across 217 grants. Individual grants have ranged from $75 to $5.8M, with an average award of $38K. The foundation has supported 360 unique organizations. The foundation primarily supports organizations in New Mexico, Texas, Massachusetts, which account for 73% of all grants. Grantmaking reaches organizations across 26 states. Contributions to this foundation are tax-deductible.
Management & administration of Jack Maddox Distinguished Scholarship Program. Refer to website at www.jfmaddox.org
Expenses: $319K
Hobbs Early Literacy Project (HELP) seeks to improve literacy outcomes for low-income K-2nd grade students. The primary focus of the project is (see supplemental information) to strengthen the core instructional programs using evidence-based curricula and instructional strategies to drive improved student outcomes.
Expenses: $141K
Management and administration of the Jack Maddox Distinguished Lecture Series (DLS). The purpose of the series is to contribute to the quality of life (see supplemental information) in Lea County, New Mexico and the surrounding area by providing nationally recognized speakers for intellectual stimulation and entertainment.
Expenses: $130K
Maddox Leadership Institute (MLI) develops community leaders who effectively engage in community sustainability and development. Program (see supplemental information) participants are provided with the skills it takes to be empowered, inspire change, and to sustain the future of our Lea County communities.
Expenses: $26K
Management & administration of Jack Maddox Distinguished Scholarship Program. Refer to website at www.jfmaddox.org. Based on available records, the foundation has funded 782 grants. Its grantmaking reaches organizations primarily in NM, TX, MA.
J F Maddox Foundation has distributed a total of $30M across 782 grants. The median grant size is $5K, with an average of $38K. Individual grants have ranged from $75 to $5.8M.
The application deadline is Scholarship applications must be received by June 30th preceding applicants high school senior year.. Grant Criteria Grants are not ordinarily made to individuals, for ongoing support of an agency, for endowment funds, or to other private foundations. Refer to the website www.jfmaddox.org for Grant Application Guidelines and additional information on the application process. Jack Maddox Distinguished Scholarship Program Candidates must have been residents of Lea County, NM for at least two consecutive years prior to making application for the Scholarships and must continue to be a Lea County resident through graduation from high school campuses or registered home schools located in Hobbs, Lovington, Eunice, Tatum, or Jal, NM. Candidates must have submitted a formal application in the required format by June 30. Candidates must either be natural born or naturalized U.S. citizens. Applications are assessed without regard to race, religion, physical condition, or national origin. Application forms and additional information is available online at www.jfmaddox.org.
J F Maddox Foundation is headquartered in HOBBS, NM. While based in NM, the foundation distributes grants to organizations across 26 states.
Total Giving
$16.7M
Total Assets
$246.1M
Fair Market Value
$267.2M
Net Worth
$246.1M
Grants Paid
$8.9M
Contributions
$0
Net Investment Income
$6.1M
Distribution Amount
$12.7M
Total: $91.8M
Total Grants
782
Total Giving
$30M
Average Grant
$38K
Median Grant
$5K
Unique Recipients
360
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Covenant Health Systemnew hospital | Lubbock, TX | $5.8M | 2023 |
| United Way Of Lea County IncCapital Campaign support + Employee matching + warming station + wheelchair basketball tournament + Reading Under the Lights Scholastic Book Purchase | Hobbs, NM | $328K | 2023 |
| Lovington Mainstreet CorporationNot Vacant Shindig + Smokin' on the Plaza 2023 + Lea Theatre Revitalization | Lovington, NM | $299K | 2023 |
| Unity Recovery SolutionsWomen's Sober Living Home (Unity House) + general operating support | Weatherford, TX | $278K | 2023 |
| Golden Apple Foundation For Excellence In TeachingAddressing the Shortage of Highly-Effective Teachers in New Mexico - |
| Chicago, IL |
| $200K |
| 2023 |
| Encore Entertainment IncSouthwest Symphony 2023-2024 Concert Season + Southwest Symphony 40th Anniversary Celebration Social Event + in honor of Cindy Walker | Hobbs, NM | $126K | 2023 |
| Haverhill Public SchoolsHaverhill Promise | Haverhill, MA | $88K | 2023 |
| City Of LovingtonAnimal Spay and Neuter Programs + Renovations of the Harold Runnels Softball Complex & Police Squad Car Purchase & City Training + 2023 Hispanic Heritage Concert Series + Project Fund 4th of July Festival Party in The Park 2023 | Lovington, NM | $82K | 2023 |
| Boys Club Of Hobbs Inc Dba Boys And Girls Club Of Hobbs Incin memory of Mary Baber + Mike Clampitt + Adult Behind the Child Program + plumbing improvements | Hobbs, NM | $80K | 2023 |
| Hobbs Jaycees Community Fund Inc2023 Hobbs August Nites | Hobbs, NM | $79K | 2023 |
| New Mexico Junior CollegeNJCAA Outdoor Track and Field Championship + 2022-2023 Exhibits at the Western Heritage Museum | Hobbs, NM | $72K | 2023 |
| Sacramento Methodist Assemblygeneral operating support + the Family Life Center + in honor of Paul and Sherry Campbell | Sacramento, NM | $70K | 2023 |
| Troy White2019 Distinguished Scholar | Hobbs, NM | $53K | 2023 |
| Daylan Flemmons2018 Distinguished Scholar | Brownfield, TX | $52K | 2023 |
| Town Of TatumPatio | Tatum, NM | $50K | 2023 |
| Habitat For Humanity Of HobbsWomen's Shelter Renovations + construction costs + general operating support + 2023 Transitional Shelter Pilot | Hobbs, NM | $46K | 2023 |
| Wake Forest Universitythe law fund and maddox law scholarship | Winstonsalem, NC | $45K | 2023 |
| United Way Of Greater St Louis IncBJC HealthCare's fundraising campaign | Saint Louis, MO | $43K | 2023 |
| Brooklyn Arreola2021 Distinguished Scholar | Lovington, NM | $32K | 2023 |
| Isaiah'S Soup Kitchenfreezers + Air Conditioner Purchase and Installation + general operating support | Hobbs, NM | $32K | 2023 |
| Mykaylah Thomasscholarship - 2023 Computer Laptop Recipient + 2022 distinguished scholar | Hobbs, NM | $26K | 2023 |
| Nor-Lea Hospital DistrictGuardian Angel | Lovington, NM | $25K | 2023 |
| Eastern New Mexico University FoundationKENW Radio 3000 Watt FM Transmitter | Portales, NM | $25K | 2023 |
| Covenant Village Incto provide "seed money" to supplement the chaplain program | Gastonia, NC | $25K | 2023 |
| Brevin Mccool2020 Distinguished Scholar | Hobbs, NM | $25K | 2023 |
| Salem Academy And Collegethe Susan Leigh Maddox Science and Math Excellence Fund + math & science equipmen +, internships | Winstonsalem, NC | $22K | 2023 |
| New Mexico Ramp ProjectLea County Wheelchair Ramp Project | Albuquerque, NM | $21K | 2023 |
| Las Cruces First Assembly Of Godmissions + community outreach | Las Cruces, NM | $20K | 2023 |
| City Of HobbsAdaptive Sports, Animal Spay and Neuter Program | Hobbs, NM | $20K | 2023 |
| Hollins UniversityHollins Fund + French Department | Roanoke, VA | $20K | 2023 |
| Bridges Project For Educationgeneral operating support | Taos, NM | $20K | 2023 |
| Community Players Of Hobbs IncY.P.A.W. (Youth Performing Arts Workshop - Dear Edwina Jr. | Hobbs, NM | $20K | 2023 |
| Paseo Project Incgeneral operating support | Taos, NM | $20K | 2023 |
| Texas Methodist Foundationin memory of Roland McGregor + First Methodist Church of Hobbs Endowment | Austin, TX | $20K | 2023 |
| Actec Foundationspring fundraiser + in memory of Daniel Markstein + general operating support | Los Angeles, CA | $19K | 2023 |
| Junior Service League Of Hobbs IncSpring Super Star Shoe Program + 2023 Fall Superstar Shoe Program | Hobbs, NM | $18K | 2023 |
| Leadership New Mexicoto support statewide leadership development activities for 2022-2023 + Core Group Annual Dinner meeting event in Hobbs | Albuquerque, NM | $18K | 2023 |
| Colorado Outdoor Education Centerscholarship program at Sanborn Western Camps | Florissant, CO | $15K | 2023 |
| Sheri'S House Of Hope IncTechnology, Marketing, and Professional Development + general operating support | Hobbs, NM | $15K | 2023 |
| Boy Scouts Of America Conquistador Council2023 National Boy Scouts Jamboree | Roswell, NM | $15K | 2023 |
| Mypower IncBoys Mentoring Circles Pilot Program + general operating support | Hobbs, NM | $15K | 2023 |
| Guidance Center Of Lea County IncRemoval of the Alpine Tower from Humphrey House Location | Hobbs, NM | $15K | 2023 |
| One Love Worldwidegeneral operating support | Hobbs, NM | $14K | 2023 |
| Phoenix House - Sexual Assault & Domestic Violence Resource Centergeneral operating support | Hobbs, NM | $13K | 2023 |
| Cissy Food Ministrygeneral operating support | Hobbs, NM | $13K | 2023 |
| College Bound St Louisgeneral operating support | Saint Louis, MO | $13K | 2023 |
| Turn The Page Stlgeneral operating support | Saint Louis, MO | $13K | 2023 |
| Palmer Drug Abuse Program Of Lea County Incin memory of R. A. Blair + general operating support + special kids program | Hobbs, NM | $12K | 2023 |
| Lea County Commission For The Arts IncReaders Theater + general operating support | Hobbs, NM | $11K | 2023 |
| Pfeiffer Universitygeneral operating support | Misenheimer, NC | $10K | 2023 |
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