University of the Southwest Foundation logo

University of the Southwest Foundation

HOBBS, NM EIN: 23-7424724 Website

TO SUPPORT THE MISSION AND OPERATIONS OF UNIVERSITY OF THE SOUTHWEST, A CHRIST-CENTERED EDUCATIONAL COMMUNITY DEDICATED TO DEVELOPING MEN AND WOMEN FOR A LIFETIME OF SERVANT LEADERSHIP BY EMPHASIZING FAITH, RESPONSIBILITY AND INITIATIVE.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$22.5M

+10.0% YoY

Annual Giving

$627K

+19.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$627K

+19.9% YoY

About University of the Southwest Foundation

Based on IRS filings

University of the Southwest Foundation is a nonprofit organization, based in HOBBS, NM. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $22.5M in total assets. In 2025, it awarded 1 grants totaling $627K. Net investment income was $524K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Hobbs

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$843K$2M$3M$3M202020212022202320242025
Metric202520242023
Total Assets$22,459,892$20,411,212$15,871,164
Revenue$1,264,678$3,066,523$1,911,382
Expenses$632,812$523,361$367,325
Qualifying Distributions
Net Investment Income$523,555$1,003,404$416,446
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$157K$314K$470K$627K1 grants20201 grants20211 grants20221 grants20231 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

UNIVERSITY OF THE SOUTHW…$627K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K3$250–500K2$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
MICHAEL PEARSONCHAIR1
DR RYAN TIPTONCEO1
LARRY GANDYVICE-CHAIR1
SUMMER WRIGHTSECRETARY1
LISA HARDISONBOARD MEMBER1
RANDY HOBBSBOARD MEMBER1
LEE ROBERSONBOARD MEMBER1
R FINN SMITHBOARD MEMBER1
SAMUEL S SPENCER JRBOARD MEMBER1
DR PAULA SMITHTREASURER1

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

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