Lea County Charitable Foundation

Private foundation · Grantmaker Hobbs, NM EIN: 85-0345104

Lea County Charitable Foundation is a private foundation, based in Hobbs, NM. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5.5M in total assets. In 2025, it awarded 1 grant totaling $434K. Net investment income was $996K.

Lea County Charitable Foundation at a glance

In short: Lea County Charitable Foundation gave $434K across 1 grant in 2025 (avg $434K), mostly in New Mexico. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$433,880
+9.0% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$433,880
+9.0% vs 2024
Median grant
$433,880
Total assets
$5,522,119
+11.8% vs 2024
Primary geography
New Mexico (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Lea County Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Univ of the Southwest: $434KUniv of the Southwest$434K

The largest 2025 recipient was Univ of the Southwest ($434K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K5$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Hobbs

How Lea County Charitable Foundation gives

  • Giving grew 34% from 2022 to 2025. Method
  • In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grant2019 1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $287K (2020) to $434K (2025). In 2025 it made 1 grant totaling $434K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Univ of the Southwest Hobbs, NMUnrestricted$433,880
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$5,522,119$1,066,488$483,332$433,8801$398,188$995,797$413,529
2024$4,938,963$501,782$403,659$398,1881$331,958$439,232$386,110
2023$4,840,840$382,633$382,797$331,9581$324,341$324,177$322,472
2022$4,841,004$300,965$439,087$324,3411$382,087$243,965$316,085
2021$4,979,126$660,214$353,408$301,4921$301,395$608,201$367,902
2020$4,672,320$356,256$330,899$287,2861—$315,109$279,609
2019$4,642,720$344,917$356,524$310,1661—$309,994$279,878

Under IRS private-foundation payout rules, Lea County Charitable Foundation reported a distributable amount of $414K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Lea County Charitable Foundation is led by Lee Ann Snyder, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Lee Ann Snyder

    President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Atlee Snyder

    Vice President

    On filings since 2019

    1 hr/week

    No compensation reported

  • Danielle Snyder

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Mike Wischkaemper

    Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Lea County Charitable Foundation

How much does Lea County Charitable Foundation give each year?

Lea County Charitable Foundation gave $434K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $398K across 1 grant.

How large is Lea County Charitable Foundation?

Lea County Charitable Foundation reported $5.5M in total assets on its 2025 IRS Form 990-PF. It paid out $398K in qualifying distributions that year, against a required minimum of $414K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Lea County Charitable Foundation operate?

Lea County Charitable Foundation has awarded grants in New Mexico.

What is Lea County Charitable Foundation's EIN?

Lea County Charitable Foundation's EIN (Employer Identification Number) is 85-0345104. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS May 13, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Lea County Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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