The Veteto Foundation
The Veteto Foundation is a private foundation, 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.
The Veteto Foundation at a glance
In short: The Veteto Foundation gave $34K across 8 grants in 2025 (avg $4K), mostly in New Mexico. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $34,000
- -6.8% vs 2024
- Grants made (2025)
- 8
- -11.1% vs 2024
- Average grant
- $4,250
- +4.8% vs 2024
- Median grant
- $5,000
- Total assets
- $15,956
- -19.4% vs 2024
- Primary geography
- New Mexico (85% 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 The Veteto Foundation funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Marsha Campbell ($5K). Together the top 8 received $34K.
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 46 grants of 46 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
States
Cities
How The Veteto Foundation gives
- Giving held roughly steady from 2022 to 2025 (−1%). 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
From 2021 to 2025, annual grant giving ranged from $34K (2025) to $38K (2021). In 2025 it made 8 grants totaling $34K.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions |
|---|---|---|---|---|---|---|
| 2025 | $15,956 | $40,000 | $43,839 | $34,000 | 8 | $34,000 |
| 2024 | $19,795 | $40,000 | $46,207 | $36,500 | 9 | $36,500 |
| 2023 | $26,002 | $30,000 | $47,499 | $37,000 | 10 | $37,000 |
| 2022 | $43,501 | $50,000 | $43,559 | $34,500 | 9 | $34,500 |
| 2021 | $37,060 | $50,000 | $47,687 | $37,750 | 10 | — |
Leadership & Key People
Officers and directors from IRS filings
The Veteto Foundation is led by Mark Veteto, President, Secretary, Director & Treasurer on every filing since 2021; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mark Veteto
President, Secretary, Director & Treasurer
On filings since 2021
5 hrs/week
No compensation reported
Charlton Roan
Executive Director
On filings since 2024
5 hrs/week
No compensation reported
Janey Roan
Director
On filings since 2021
1 hr/week
No compensation reported
Kali D'onofrio
Director
On filings since 2021
1 hr/week
No compensation reported
Patti Veteto
Director
On filings since 2021
15 hrs/week
No compensation reported
Scotty Holloman
Director
On filings since 2021
15 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 The Veteto Foundation
How much does The Veteto Foundation give each year?
The Veteto Foundation gave $34K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $37K across 9 grants.
What is The Veteto Foundation's typical grant size?
The Veteto Foundation's median grant in 2025 was $5,000, and its average grant was $4,250, across 8 grants on its 2025 IRS Form 990-PF.
Where does The Veteto Foundation give grants?
The Veteto Foundation gives mostly in New Mexico: 85% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Texas (15%). The most frequent recipient cities were Hobbs, NM (6 grants).
Does The Veteto Foundation give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on The Veteto Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Promotion of Education" (7 grants).
Who are The Veteto Foundation's largest grantees?
The Veteto Foundation's largest 2025 grantees include Marsha Campbell ($5,000), Bertha Espinoza ($5,000) and Lisa Parker ($5,000), according to its 2025 IRS Form 990-PF. Together they received 44% of its itemized 2025 grant dollars.
How large is The Veteto Foundation?
The Veteto Foundation reported $16K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $40K.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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Browse active grant opportunities in The Veteto Foundation's focus areas in our free grants database
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