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New Horizons Foundation is a private corporation based in HOBBS, NM. The foundation received its IRS ruling in 2013. The principal officer is Kelvin Sharp. It holds total assets of $1.2M. Annual income is reported at $412K. Total assets have grown from N/A in 2012 to $1.1M in 2022. The foundation is governed by 10 officers and trustees. Funding the ongoing use and application of the master cooperative research and development agreement (crada) with the u.s. Army research laboratory system (arl) and the u.s. Army research, development, and engineering center (ardec), to license technologies and access capabilities from within the labs. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Contributions to this foundation are tax-deductible.
Funding the ongoing use and application of the master cooperative research and development agreement (crada) with the u.s. Army research laboratory system (arl) and the u.s. Army research, development, and engineering center (ardec), to license technologies and access capabilities from within the labs.
Expenses: $130K
Funding 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.
Expenses: $376K
Funding 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.
Expenses: $178K
Funding 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. .
Expenses: $28K
Funding the ongoing use and application of the master cooperative research and development agreement (crada) with the u.s. Army research laboratory system (arl) and the u.s. Army research, development, and engineering center (ardec), to license technologies and access capabilities from within the labs.
New Horizons Foundation typically selects its grantees rather than accepting unsolicited proposals.
New Horizons Foundation is headquartered in HOBBS, NM.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dennis Holmberg | EXECUTIVE DIRECTOR | $65K | $0 | $65K |
| Jeff Mccool | CHEIF EXECUTIVE OFFICER | $7K | $1K | $8K |
| Tina Kunko | ACCOUNTANT | $6K | $909 | $7K |
| Gary Eidson | DIRECTOR | $0 | $0 | N/A |
| Dr Steve Mccleery | DIRECTOR | $0 | $0 | N/A |
| Paul Lorskulsint | DIRECTOR | $0 | $0 | N/A |
| Phillip Ingram | DIRECTOR | $0 | $0 | N/A |
| Gregg Fulfer | DIRECTOR | $0 | $0 | N/A |
| Guy Kesner | DIRECTOR | $0 | $0 | N/A |
| Tres Hicks | DIRECTOR | $0 | $0 | N/A |
Total Giving
$289K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1M
Grants Paid
N/A
Contributions
$550K
Net Investment Income
N/A
Distribution Amount
$8K
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.
SANTA FE, NM
SANTA FE, NM
SANTA FE, NM