The New Mexico State Capitol

Form 990-PFTax year 2024EIN 85-0387785

Smith & Watson Foundation

A private foundation in Hobbs, NM. Its return for tax year 2024 lists 12 grants and $30,200 paid in grants.

Tax year 2024 (period ending Oct 31, 2025), 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

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $30,200

    Grants listed
    12
    Assets, end of year
    $599,010
  • Tax year 2023

    $30,100

    Grants listed
    13
    Assets, end of year
    $555,539
  • Tax year 2022

    $30,100

    Grants listed
    13
    Assets, end of year
    $572,260
  • Tax year 2021

    $31,500

    Grants listed
    13
    Assets, end of year
    $548,983
  • Tax year 2020

    $25,000

    Grants listed
    13
    Assets, end of year
    $506,456
  • Tax year 2019

    $25,000

    Grants listed
    13
    Assets, end of year
    $489,956
  • Tax year 2018

    $24,000

    Grants listed
    13
    Assets, end of year
    $474,675
  • Tax year 2017

    $22,200

    Grants listed
    13
    Assets, end of year
    $467,058

Grants paid in 2024

12 grants, largest first

As listed on the return.

  1. University of the SouthwestHobbs, NM

    General support

    $6,000
  2. Palmer Drug Abuse ProgramHobbs, NM

    General support

    $5,000
  3. Granbury Church of ChristGranbury, TX

    General support

    $5,000
  4. My Power IncHobbs, NM

    General support

    $4,000
  5. Habitat for HumanityHobbs, NM

    General support

    $3,000
  6. New Mexico Junior College FoundationHobbs, NM

    General support

    $2,500
  7. Southwest SymphonyHobbs, NM

    General support

    $1,500
  8. Western Heritage MuseumHobbs, NM

    General support

    $1,000
  9. Isaiahs Soup KitchenHobbs, NM

    General support

    $750
  10. Lea County MuseumLovington, NM

    General support

    $750
  11. Lea County Humane SocietyHobbs, NM

    General support

    $500
  12. Conquistador Boy Scouts of AmericaRoswell, NM

    General support

    $200

Where the money goes

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

  1. Arts and culture1 grant $75038% of the total
  2. Religion1 grant $75038% of the total
  3. Animals1 grant $50025% of the total

By State

Grants to organizations with a US address, latest year.

  1. New Mexico11 grants $25,200
  2. Texas1 grant $5,000

Officers, directors and trustees

2 people as filed

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

  • Julee W SmithPRESIDENT Hours 1Pay $0
  • R Finn SmithSECRETARY/TREASURER Hours 2Pay $0

The return

More foundations

Similar foundations

Same main cause (arts and culture), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Kathryn O'Keeffe Charitable FoundatAlbuquerque, NM 5 grants Preselected only $38,000 giving
  2. William H Darden and Kathryn T Darden Foundation IncRaton, NM 4 grants Preselected only $23,250 giving
  3. Santa Fe Jazz Foundation IncSanta Fe, NM 6 grants Preselected only $41,000 giving
  4. Chicago Woodman FoundationBelen, NM 4 grants Preselected only $42,090 giving
  5. MIller Engel Family Foundation Irrv TrSanta Fe, NM 15 grants Preselected only $21,175 giving