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Lea County Charitable Foundation is a private association based in HOBBS, NM. The foundation received its IRS ruling in 0000. It holds total assets of $4.9M. Annual income is reported at $843K. Total assets have grown from $4M in 2011 to $4.8M in 2023. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Lea County Charitable Foundation has made 2 grants totaling $626K, with a median grant of $313K. The foundation has distributed between $301K and $324K annually from 2021 to 2022. Individual grants have ranged from $301K to $324K, with an average award of $313K. Grant recipients are concentrated in New Mexico. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Lea County Charitable Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NM.
Lea County Charitable Foundation has distributed a total of $626K across 2 grants. The median grant size is $313K, with an average of $313K. Individual grants have ranged from $301K to $324K.
Lea County Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lea County Charitable Foundation is headquartered in HOBBS, NM.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lee Ann Snyder | PRESIDENT | $0 | $0 | N/A |
| Danielle Snyder | SECRETARY | $0 | $0 | N/A |
| Mike Wischkaemper | TREASURER | $0 | $0 | N/A |
| Atlee Snyder | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$383K
Total Assets
$4.8M
Fair Market Value
$7.2M
Net Worth
$4.8M
Grants Paid
$324K
Contributions
N/A
Net Investment Income
$324K
Distribution Amount
$322K
Total: $4.7M
Total Grants
2
Total Giving
$626K
Average Grant
$313K
Median Grant
$313K
Unique Recipients
1
Most Common Grant
$324K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Univ Of The SouthwestUNRESTRICTED | Hobbs, NM | $324K | 2022 |