Rd & Joan Dale Hubbard Foundation
The R.D. and Joan Dale Hubbard Foundation is a private family foundation established in 1986 in California as the R. Dee Hubbard Foundation, and reincorporated in 1989 in Texas. The foundation is currently based in Ruidoso, New Mexico and holds 501(c)(3) tax-exempt status. It operates as a grantmaking organization focused on philanthropic support across multiple states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.5M
-10.7% YoY
Annual Giving
$803K
-94.0% YoY
Grant Count
51
-1.9% YoY
Avg Grant Size
$16K
-93.9% YoY
Mission & Focus Areas
The foundation's giving priorities include:
- Education
- Human Services
- Health Care
- Youth Development
- Arts, Culture & Humanities
- Children & Youth services
The foundation gives particular emphasis to hospitals and health organizations, as well as educational and social service initiatives benefiting children and youth.
Grantmaking
The foundation accepts Letters of Inquiry (LOI) as the preferred initial contact method.
Grant Range
approximately $5,000
Average Grant
amount: $409–$13,081,871
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation funds in multiple states:
- Primary focus: New Mexico (statewide, including Chaves County, Roosevelt County, and Eddy County)
- Additional states: California, Texas, and Kansas
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $14,008,374
- Total Revenues: $738,510
- Total Expenses: $14,015,673
- Total Giving: $802,659
As of 2024 (most recent filing):
- Total Assets: $12,508,441
- Total Giving: $802,659
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,508,441 | $14,008,374 | $26,531,186 |
| Revenue | $623,330 | $738,510 | $787,262 |
| Expenses | $1,012,146 | $14,015,673 | $1,992,785 |
| Qualifying Distributions | $927,469 | $13,699,009 | $1,629,489 |
| Net Investment Income | $358,020 | $329,267 | $389,758 |
| Distributable Amount | $957,103 | $1,107,216 | $1,752,811 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- R.D. Hubbard – Founder/Director and President
- Joan Dale Hubbard – Founder/Trustee
- Edward A. Burger – Trustee
- Robert Donaldson – Executive Director
- Billy G. Smith – Chief Financial Officer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOAN DALE HUBBARD | PRESIDENT | — | — |
| TAMARA GROAT | EXECUTIVE DI | — | $106,000 |
| BILLY G SMITH | TREASURER | — | $10,000 |
Contact Information
Mailing Address: PO Box 1471 Ruidoso, NM 88355-1471
Phone: (575) 258-5919
Fax: (575) 258-3749
Primary Contact: Robert Donaldson, Executive Director
Preferred Contact Method: Letter of Inquiry
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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