The Veteto Foundation
The Veteto Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBBS, NM. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $16K in total assets. In 2025, it awarded 8 grants totaling $34K.
Key facts about The Veteto Foundation
- EIN
- 20-5181651
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $34,000
- Grants made (2025)
- 8
- Average grant
- $4,250
- Median grant
- $5,000
- Total assets
- $15,956
- Primary geography
- New Mexico (85% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated April 2026.
Who The Veteto Foundation funds
By grant dollars, the top recipient states for The Veteto Foundation's 8 itemized 2025 grants were New Mexico (85%) and Texas (15%). The most frequent recipient cities were Hobbs, NM (6 grants). None of its 8 grants with a stated purpose were described as general or operating support. Recurring purposes include "Promotion of Education" (7 grants).
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$16K
-19.4% YoY
Annual Giving
$34K
-6.8% YoY
Grant Count
8
-11.1% YoY
Avg Grant Size
$4K
+4.8% YoY
About The Veteto Foundation
Based on IRS filings
The Veteto Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBBS, NM. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $16K in total assets. In 2025, it awarded 8 grants totaling $34K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 8 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $15,956 | $19,795 | $26,002 |
| Revenue | $40,000 | $40,000 | $30,000 |
| Expenses | $43,839 | $46,207 | $47,499 |
| Qualifying Distributions | $34,000 | $36,500 | $37,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Marsha Campbell ($5,000), Bertha Espinoza ($5,000), Lisa Parker ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MARSHA CAMPBELL MONUMENT, NM | PROMOTION OF EDUCATION | $5,000 |
| BERTHA ESPINOZA SEMINOLE, TX | PROMOTION OF EDUCATION | $5,000 |
| LISA PARKER HOBBS, NM | PROMOTION OF EDUCATION | $5,000 |
| PALMER DRUG ABUSE PROGRAM HOBBS, NM | DRUG ABUSE COUNSELING | $5,000 |
| ADELA PRIETO HOBBS, NM | PROMOTION OF EDUCATION | $5,000 |
| AMPARO REYNOSA HOBBS, NM | PROMOTION OF EDUCATION | $5,000 |
| SOUTHWEST SYMPHONY INC HOBBS, NM | PROMOTION OF EDUCATION | $3,000 |
| MYPOWER HOBBS, NM | PROMOTION OF EDUCATION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK VETETO | PRESIDENT | 5 | — |
| MARK VETETO | SECRETARY/DI | 5 | — |
| MARK VETETO | TREASURER | 5 | — |
| SCOTTY HOLLOMAN | DIRECTOR | 15 | — |
| JANEY ROAN | DIRECTOR | 1 | — |
| KALI D'ONOFRIO | DIRECTOR | 1 | — |
| PATTI VETETO | DIRECTOR | 15 | — |
| CHARLTON ROAN | EXECUTIVE DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Veteto Foundation?
The Veteto Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HOBBS, NM. It holds $16K in total assets as of 2025.
How large is The Veteto Foundation?
As of 2025, The Veteto Foundation holds $16K in total assets with $40K in annual revenue. It awarded 8 grants totaling $34K in 2025.
Where does The Veteto Foundation operate?
The Veteto Foundation has awarded grants in New Mexico, Texas.
What size grants does The Veteto Foundation award?
In 2025, The Veteto Foundation awarded 8 grants totaling $34K — an average of about $4K per grant, based on its IRS Form 990 filings.
What is The Veteto Foundation's EIN?
The Veteto Foundation's EIN (Employer Identification Number) is 20-5181651. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in The Veteto Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.