Hb Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS CRUCES, NM. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $500K in total assets. In 2024, it awarded 6 grants totaling $21K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$500K
+45.9% YoY
Annual Giving
$21K
+61.4% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$4K
+7.6% YoY
About Hb Foundation Inc
Based on IRS filings
Hb Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS CRUCES, NM. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $500K in total assets. In 2024, it awarded 6 grants totaling $21K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $499,797 | $342,569 | $115,172 |
| Revenue | $177,859 | $242,026 | $137,672 |
| Expenses | $22,631 | $14,629 | $22,500 |
| Qualifying Distributions | $21,550 | $13,008 | $22,500 |
| Net Investment Income | — | — | — |
| Distributable Amount | $20,048 | $11,241 | $6,092 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSHUA HAKES | PRESIDENT | — | — |
| KIMBALL HAKES | CFO | — | — |
| CHRISTOPHER HAKES | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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