The New Mexico State Capitol

Form 990-PFTax year 2025EIN 86-1901735

HB Foundation Inc

A private foundation in Las Cruces, NM. Its return for tax year 2025 lists 4 grants and $10,000 paid in grants.

Tax year 2025 (period ending Dec 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. It still lists the details below.

Contact
TS Construction
PO Box 3707
Corrales, NM 87048
(505) 263-8143
[email protected]
Form and materials
The board of directors evaluate the submission requests and make decisions based on the requirements for organization grant/donation. Charitable contribution request form must be submitted by applicant.

Assets and giving by year

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

    $10,000

    Grants listed
    4
    Assets, end of year
    $435,339
  • Tax year 2024

    $21,000

    Grants listed
    6
    Assets, end of year
    $499,797
  • Tax year 2023

    $13,008

    Grants listed
    4
    Assets, end of year
    $342,569
  • Tax year 2022

    $22,500

    Grants listed
    4
    Assets, end of year
    $115,172

Grants paid in 2025

4 grants, largest first

As listed on the return.

  1. El Ranchito de Los NinosLos Lunas, NM

    Foster care

    $5,000
  2. Rebuilding TogetherBernalillo, NM

    Preserve affordable homeownership

    $2,000
  3. New Horizons SymphonyLas Cruces, NM

    Provide musical education

    $2,000
  4. Las Cruces SymphonyLas Cruces, NM

    Enrich cultural landscape

    $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 $5,000100% of the total

By State

Grants to organizations with a US address, latest year.

  1. New Mexico4 grants $10,000

Officers, directors and trustees

3 people as filed

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

  • Joshua HakesPRESIDENT Hours 0Pay $0
  • Kimball HakesCFO Hours 0Pay $0
  • Christopher HakesDIRECTOR Hours 0Pay $0

The return

More foundations

Similar foundations

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

  1. Coleman Family FoundationFarmington, NM 5 grants Accepts applications $17,894 giving
  2. The Bryan Family FoundationAlbuquerque, NM 5 grants Preselected only $19,250 giving
  3. The James N Cost FoundationSanta Fe, NM 6 grants Preselected only $22,000 giving
  4. Zanett FoundationLos Alamos, NM 8 grants Accepts applications $30,850 giving
  5. The Veteto FoundationHobbs, NM 8 grants Accepts applications $34,000 giving