University of the Southwest Foundation
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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include University of the Southwest ($627,262).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF THE SOUTHWEST HOBBS, NM | OPERATIONS SUPPORT AND UNIVERSITY SCHOLARSHIPS | $627,262 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL PEARSON | CHAIR | 1 | — |
| DR RYAN TIPTON | CEO | 1 | — |
| LARRY GANDY | VICE-CHAIR | 1 | — |
| SUMMER WRIGHT | SECRETARY | 1 | — |
| LISA HARDISON | BOARD MEMBER | 1 | — |
| RANDY HOBBS | BOARD MEMBER | 1 | — |
| LEE ROBERSON | BOARD MEMBER | 1 | — |
| R FINN SMITH | BOARD MEMBER | 1 | — |
| SAMUEL S SPENCER JR | BOARD MEMBER | 1 | — |
| DR PAULA SMITH | TREASURER | 1 | — |
Frequently Asked Questions
How large is University of the Southwest Foundation?
As of 2025, University of the Southwest Foundation holds $22.5M in total assets with $1.3M in annual revenue. It awarded 1 grants totaling $627K in 2025.
Where does University of the Southwest Foundation operate?
University of the Southwest Foundation has awarded grants in New Mexico.
What size grants does University of the Southwest Foundation award?
In 2025, University of the Southwest Foundation awarded 1 grants totaling $627K — an average of about $627K per grant, based on its IRS Form 990 filings.
What is University of the Southwest Foundation's EIN?
University of the Southwest Foundation's EIN (Employer Identification Number) is 23-7424724. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in University of the Southwest 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.
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