The New Mexico State Capitol

Form 990-PFTax year 2025EIN 20-5181651

The Veteto Foundation

A private foundation in Hobbs, NM. Its return for tax year 2025 lists 8 grants and $34,000 paid in grants.

Tax year 2025 (period ending Jun 30, 2026), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Accepts applications

The return gives an application contact and rules, as below.

Contact
Award Committee
401 W Taylor
Hobbs, NM 88240
(575) 397-7750
Form and materials
Nominations from principals in the hobbs municipal school district
Deadlines
End of school year in question
Restrictions
Individual recipients must be full-time teachers in the hobbs community. Non-profit organization recipients must be qualified for an exemption for federal income tax purposes under section 501(c)(3) and meeting the foundation's general purposes.
Contact
Award Committee
401 W Taylor
Hobbs, NM 88240
(575) 397-7750
Form and materials
Nominations from principals in the hobbs municipal school district
Deadlines
End of school year in question
Restrictions
Individual recipients must be full-time teachers in the hobbs community. Non-profit organization recipients must be qualified for an exemption for federal income tax purposes under section 501(c)(3) and meeting the foundation's general purposes.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $34,000

    Grants listed
    8
    Assets, end of year
    $10,882
  • Tax year 2024

    $34,000

    Grants listed
    8
    Assets, end of year
    $15,956
  • Tax year 2023

    $36,500

    Grants listed
    9
    Assets, end of year
    $19,795
  • Tax year 2022

    $37,000

    Grants listed
    10
    Assets, end of year
    $26,002
  • Tax year 2021

    $34,500

    Grants listed
    9
    Assets, end of year
    $43,501
  • Tax year 2020

    $37,750

    Grants listed
    10
    Assets, end of year
    $37,060
  • Tax year 2019

    $40,000

    Grants listed
    11
    Assets, end of year
    $34,747
  • Tax year 2018

    $55,000

    Grants listed
    17
    Assets, end of year
    $34,678

Grants paid in 2025

8 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Palmer Drug Abuse ProgramHobbs, NM

    Drug abuse counseling

    $5,000
  2. Individual

    Promotion of education

    $5,000
  3. Individual

    Promotion of education

    $5,000
  4. Individual

    Promotion of education

    $5,000
  5. Individual

    Promotion of education

    $5,000
  6. Individual

    Promotion of education

    $5,000
  7. Southwest Symphony IncHobbs, NM

    Promotion of education

    $3,000
  8. MypowerHobbs, NM

    Promotion of education

    $1,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Human services1 grant $1,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. New Mexico3 grants $9,000

Officers, directors and trustees

8 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Mark VetetoPRESIDENT Hours 5Pay $0
  • Mark VetetoSECRETARY/DI Hours 5Pay $0
  • Mark VetetoTREASURER Hours 5Pay $0
  • Scotty HollomanDIRECTOR Hours 15Pay $0
  • Janey RoanDIRECTOR Hours 1Pay $0
  • Kali D'onofrioDIRECTOR Hours 1Pay $0
  • Patti VetetoDIRECTOR Hours 15Pay $0
  • Charlton RoanEXECUTIVE DIRECTOR Hours 5Pay $0

The return

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