Smith & Watson Foundation

HOBBS, NM EIN: 85-0387785

Smith & Watson Foundation is a private foundation, based in HOBBS, NM. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $599K in total assets. In 2025, it awarded 12 grants totaling $30K. Net investment income was $43K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$599K

+7.8% YoY

Annual Giving

$30K

+0.3% YoY

Grant Count

12

-7.7% YoY

Avg Grant Size

$3K

+8.7% YoY

About Smith & Watson Foundation

Based on IRS filings

Smith & Watson Foundation is a private foundation, based in HOBBS, NM. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $599K in total assets. In 2025, it awarded 12 grants totaling $30K. Net investment income was $43K.

Ready to take the next step with Smith & Watson Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

GranburyHobbsLovingtonRoswellSacramento

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$23K$45K$68K$91K20212022202320242025
Metric202520242023
Total Assets$599,010$555,539$572,260
Revenue$82,673$22,014$61,183
Expenses$39,202$38,735$37,906
Qualifying Distributions$31,586$31,495$31,478
Net Investment Income$42,620$23,825$24,436
Distributable Amount$33,469$32,076$28,239

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$16K$24K$32K13 grants202113 grants202213 grants202313 grants202412 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

UNIVERSITY OF THE SOUTHW…$6KPALMER DRUG ABUSE PROGRAM$5KGRANBURY CHURCH OF CHRIST$5KMY POWER INC$4KHABITAT FOR HUMANITY$3KNEW MEXICO JUNIOR COLLEG…$3KSOUTHWEST SYMPHONY$2KWESTERN HERITAGE MUSEUM$1KISAIAHS SOUP KITCHEN$750LEA COUNTY MUSEUM$750

Grant Size Distribution

64 grants across all recorded years

64<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
JULEE W SMITHPRESIDENT1
R FINN SMITHSECRETARY/TREASURER2

Related Funders

Similar funders by location and focus area

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

What could you do with Smith & Watson Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities