Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
JF Maddox Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)PO Box 2588
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Hobbs, NM882412588
A Employer identification number

75-6023767
B Telephone number (see instructions)

(575) 393-6338
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$279,661,348J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 16,084 16,084 0
4 Dividends and interest from securities... 1,017,226 1,017,226 0
5a Gross rents............ 0 0 0
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 12,092,361
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 11,999,063
8 Net short-term capital gain.........  
9 Income modifications........... 0
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0 0
11 Other income (attach schedule)....... Click to see attachment 2,441,384 2,246,910 0
12 Total. Add lines 1 through 11........ 15,567,055 15,279,283 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,272,277 338,697 0 933,580
14 Other employee salaries and wages...... 552,813 100,453 0 452,360
15 Pension plans, employee benefits....... 369,531 90,613 0 278,918
16a Legal fees (attach schedule)......... Click to see attachment 12,919 3,053 0 9,866
b Accounting fees (attach schedule)....... Click to see attachment 60,565 43,549 0 14,516
c Other professional fees (attach schedule).... Click to see attachment 740,041 381,068 0 358,973
17 Interest............... 58 0 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 189,417 38,562 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment 76,500 19,125 0
20 Occupancy.............. 111,847 26,433 0 85,414
21 Travel, conferences, and meetings....... 55,894 8,728 0 45,654
22 Printing and publications.......... 7,795 3,507 0 4,288
23 Other expenses (attach schedule)....... Click to see attachment 3,735,240 3,228,773 0 273,261
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,184,897 4,282,561 0 2,456,830
25 Contributions, gifts, grants paid....... 2,927,992 2,927,992
26 Total expenses and disbursements. Add lines 24 and 25 10,112,889 4,282,561 0 5,384,822
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,454,166
b Net investment income (if negative, enter -0-) 10,996,722
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 8,763,899 12,532,767 12,532,767
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   0 0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet   0 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) bullet0
Less: allowance for doubtful accounts bullet0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 52,417,943 Click to see attachment56,522,762 73,399,697
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis bullet0
Less: accumulated depreciation (attach schedule) bullet0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 161,149,539 Click to see attachment158,676,875 181,118,145
14 Land, buildings, and equipment: basis bullet795,385
Less: accumulated depreciation (attach schedule) bullet528,476 193,755 Click to see attachment266,909 266,909
15 Other assets (describe bullet) Click to see attachment12,398,279 Click to see attachment12,373,184 Click to see attachment12,343,830
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 234,923,415 240,372,497 279,661,348
Liabilities 17 Accounts payable and accrued expenses.......... 5,528 444
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 5,528 444
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 234,917,887 240,372,053
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 234,917,887 240,372,053
30 Total liabilities and net assets/fund balances (see instructions). 234,923,415 240,372,497
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
234,917,887
2
Enter amount from Part I, line 27a .....................
2
5,454,166
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
240,372,053
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
240,372,053
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a GAIN/(LOSS) FROM PASS-THROUGH ENTITIES      
b GAIN/(LOSS) FROM PUBLICLY TRADED SECURITIES      
c GAIN/(LOSS) FROM PROGRAM RELATED INVESTMENT      
d GAIN ON SALE OF AUTO      
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 9,648,524 0 0 9,648,524
b 2,368,390     2,368,390
c   0 23,851 -23,851
d 6,000     6,000
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a 0 0 0 9,648,524
b     0 2,368,390
c     0 -23,851
d     0 6,000
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 11,999,063
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 0
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 152,854
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 152,854
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 152,854
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 118,263
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 85,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 203,263
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 50,409
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet50,409 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA, CO, CT, FL, GA, AL, HI, IL, IN, IA, KS, LA, ME, MD, MA, MN, MO, NE, NJ, NM, NY, NC, OK, OR, AZ, RI, SC, TN, VA, AR, WV, WI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.jfmaddox.org
    14
    The books are in care ofbulletKyle Shepard Telephone no.bullet (575) 393-6338

    Located atbulletPO Box 2588HobbsNM ZIP+4bullet88240
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Ann M Utterback Director
    20.000     		68,360 0 0
    PO Box 2588
    Hobbs,NM882412588
    Benjamin W Maddox Director
    5.000     		49,668 0 0
    PO Box 2588
    Hobbs,NM882412588
    Catherine M Maddox Director
    6.000     		49,134 0 0
    PO Box 2588
    Hobbs,NM882412588
    Elaine B Agather Director
    7.000     		50,736 0 0
    PO Box 2588
    Hobbs,NM882412588
    James M Maddox General Counsel / Director
    25.000     		142,200 22,593 0
    PO Box 2588
    Hobbs,NM882412588
    John L Maddox Director
    5.000     		39,857 0 0
    PO Box 2588
    Hobbs,NM882412588
    Paul Campbell Director
    7.000     		47,532 0 0
    PO Box 2588
    Hobbs,NM882412588
    Thomas M Maddox Director
    6.000     		49,134 0 0
    PO Box 2588
    Hobbs,NM882412588
    Jennifer Grassham Secretary/Vice President Grants
    40.000     		107,016 37,920 0
    PO Box 2588
    Hobbs,NM882412588
    Kerri L Frizzell Treasurer / CFO
    40.000     		152,967 43,567 0
    PO Box 2588
    Hobbs,NM882412588
    Robert J Reid CEO, PARTIAL YEAR
    40.000     		403,175 71,127 0
    PO Box 2588
    Hobbs,NM882412588
    RAY CARAWAY CEO
    40.000     		112,500 6,478 0
    PO Box 2588
    Hobbs,NM882412588
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    Kyle Shepard Controller
    40.000     		136,033 31,700 0
    PO BOX 2588
    HOBBS,NM882412588
    David Reed Sr. Program Officer
    40.000     		84,507 27,283 0
    PO BOX 2588
    HOBBS,NM882412588
    Mayra Lovas Sr. Program Officer
    40.000     		83,625 13,116 0
    PO BOX 2588
    HOBBS,NM882412588
    Sarah Anderson Grants Administrator
    40.000     		66,383 16,370 0
    PO BOX 2588
    HOBBS,NM882412588
    Carol Crossland Program Associate
    40.000     		59,518 20,272 0
    PO BOX 2588
    HOBBS,NM882412588
    Total number of other employees paid over $50,000...................bullet 1
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Fund Evaluation Group LLC Investment consultant 116,343
    201 E Fifth St
    Ste 1600
    Cincinnati,OH45202
    Vaughan Nelson Investment Management LP Investment management 108,547
    600 Travis
    Ste 6300
    Houston,TX770023071
    Smarter Learning Group Education consultant 94,890
    4011 Yoke Dr
    Hampstead,MD21074
    Boardwalk Consulting Executive Search Consultant 83,599
    84 Peachtree St NW
    4th Floor Flat Iron City
    Atlanta,GA30303
    Cooke & Bieler LP Investment management 72,631
    1700 Market Street
    Ste 3222
    Philadelphia,PA19103
    Total number of others receiving over $50,000 for professional services.............bullet2
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 Management & administration of Jack Maddox Distinguished Scholarship Program. Refer to website at www.jfmaddox.org 319,424
    2 Hobbs Early Literacy Project (HELP) seeks to improve literacy outcomes for low-income K-2nd grade students. The primary focus of the project is (see supplemental information) to strengthen the core instructional programs using evidence-based curricula and instructional strategies to drive improved student outcomes. 140,773
    3 Management and administration of the Jack Maddox Distinguished Lecture Series (DLS). The purpose of the series is to contribute to the quality of life (see supplemental information) in Lea County, New Mexico and the surrounding area by providing nationally recognized speakers for intellectual stimulation and entertainment. 129,778
    4 Maddox Leadership Institute (MLI) develops community leaders who effectively engage in community sustainability and development. Program (see supplemental information) participants are provided with the skills it takes to be empowered, inspire change, and to sustain the future of our Lea County communities. 25,785
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    60,848,241
    b
    Average of monthly cash balances.......................
    1b
    9,719,496
    c
    Fair market value of all other assets (see instructions)................
    1c
    171,163,357
    d
    Total (add lines 1a, b, and c).........................
    1d
    241,731,094
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    241,731,094
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,625,966
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    238,105,128
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    11,905,256
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    11,905,256
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    152,854
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    0
    c
    Add lines 2a and 2b............................
    2c
    152,854
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    11,752,402
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    11,752,402
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    11,752,402
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    5,384,822
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    107,740
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    5,492,562
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,492,562
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 11,752,402
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2018, 2017, 2016 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 0
    b From 2016...... 0
    c From 2017...... 3,801,585
    d From 2018...... 4,696,494
    e From 2019...... 649,586
    fTotal of lines 3a through e........ 9,147,665
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 5,492,562
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 5,492,562
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 6,259,840 6,259,840
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,887,825
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		2,887,825
    10 Analysis of line 9:
    a Excess from 2016.... 0
    b Excess from 2017.... 0
    c Excess from 2018.... 2,238,239
    d Excess from 2019.... 649,586
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Ray Caraway
    PO Box 2588
    Hobbs,NM882412588
    (575) 393-6338
    bThe form in which applications should be submitted and information and materials they should include:
    Grant Criteria Grants are made to public charities and/or governmental entities for projects that are consistent with the Foundation's Mission Statement. Preference is given to Southeastern NM charitable organizations, but does not exclusively limit grant recipients. Jack Maddox Distinguished Scholarship Program An independent Scholarship Selection Committee screens applications, selects up to 15 semi-finalists to interview, then choose five finalists. Finalists are interviewed and one is selected to receive the Jack Maddox Distinguished Scholarship award which pays full tuition, required fees, textbooks, and room & board. The remaining four finalists receive a $20,000 scholarship for four years of undergraduate study. To support the five scholars in acceptance to their school of choice they are also provided a college counselor, cost reimbursement for attending a regional college fair, and up to $250 for college application fees. All semi-finalists receive a notebook computer.
    cAny submission deadlines:
    Scholarship applications must be received by June 30th preceding applicants high school senior year.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Grant Criteria Grants are not ordinarily made to individuals, for ongoing support of an agency, for endowment funds, or to other private foundations. Refer to the website www.jfmaddox.org for Grant Application Guidelines and additional information on the application process. Jack Maddox Distinguished Scholarship Program Candidates must have been residents of Lea County, NM for at least two consecutive years prior to making application for the Scholarships and must continue to be a Lea County resident through graduation from high school campuses or registered home schools located in Hobbs, Lovington, Eunice, Tatum, or Jal, NM. Candidates must have submitted a formal application in the required format by June 30. Candidates must either be natural born or naturalized U.S. citizens. Applications are assessed without regard to race, religion, physical condition, or national origin. Application forms and additional information is available online at www.jfmaddox.org.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    American College of Trust and Estate Counsel Foundation Inc
    901 15th St NW Ste 525
    Washington,DC20005     		None PC General Operating Support - Memory of L Henry Gissel Jr 2,500
    American College of Trust and Estate Counsel Foundation Inc
    901 15th St NW Ste 525
    Washington,DC20005     		None PC Spring Derby Fundraiser 3,000
    Affinia Healthcare
    1717 Biddle
    St Louis,MO63106     		None PC General Operating Support 6,600
    Albuquerque Academy
    6400 Wyoming Blvd NE
    Albuquerque,NM871093899     		None PC General Operating Support 9,375
    Amarillo Habitat for Humanity
    PO Box 755
    Amarillo,TX79105     		None PC General Operating Support 3,000
    American Cancer Society Inc
    3513 10th St
    Lubbock,TX79415     		None PC General Operating Support - Memory of Janice Jones 500
    American Rivers Inc
    1101 14th St NW Ste 1400
    Washington,DC20005     		None PC General Operating Support 2,000
    Amigos Bravos Inc
    PO Box 238
    Taos,NM875710238     		None PC General Operating Support 2,000
    Animal Humane Association of New Mexico Inc
    615 Virginia St SE
    Albuquerque,NM87108     		None PC General Operating Support 1,000
    Barbershop Books
    75 Maiden Lane Ste 1102
    New York,NY10038     		None PC General Operating Support 2,500
    Boy Scouts of America Conquistador Council
    2603 N Aspen
    Roswell,NM88201     		None PC Capital Campaign 25,000
    Boy Scouts of America Conquistador Council
    2603 N Aspen
    Roswell,NM88201     		None PC Friends of Scouting 10,000
    Boys Club of Hobbs Inc DBA Boys and Girls Club of Hobbs Inc
    301 E Broadway
    Hobbs,NM882408433     		None PC Adult Behind the Child 10,000
    Boys Club of Hobbs Inc DBA Boys and Girls Club of Hobbs Inc
    301 E Broadway
    Hobbs,NM882408433     		None PC General Operating Support 118,000
    Bridges Project for Education
    PO Box 308
    Taos,NM875710308     		None PC General Operating Support 10,000
    Cancer Foundation for New Mexico
    PO Box 5038
    Santa Fe,NM87502     		None PC General Operating Support 2,000
    The Carlsbad Association for Retarded Citizens Farm Inc
    PO Drawer 1808
    Carlsbad,NM882211808     		None PC General Operating Support 2,000
    The Carlsbad Association for Retarded Citizens Farm Inc
    PO Drawer 1808
    Carlsbad,NM882211808     		None PC General Operating Support - Honor of Gary Forrest 5,000
    Casa de Salud
    3200 Chouteau Ave
    Saint Louis,MO63103     		None PC General Operating Support 6,600
    CASA of Lea County
    501 N Linam
    Hobbs,NM88240     		None PC Emergency Operating Funds 64,000
    CASA of Lea County
    501 N Linam
    Hobbs,NM88240     		None PC General Operating Support 500
    Cathedral Shrine of the Virgin of Guadalupe
    2215 Ross Ave
    Dallas,TX75201     		None PC General Operating Support 5,000
    Chaves County Casa Program
    500 N Main St 310
    Roswell,NM88201     		None PC Courthouse Dog Program - Memory of Bozena M Cloutier 500
    Child & Family Services Inc
    950 E Snyder
    Hobbs,NM88240     		None PC Imagination Library of Lea County 50,000
    Children's Defense Fund
    25 E St NW
    Washington,DC20001     		None PC General Operating Support 5,000
    Children's Literacy Initiative
    990 Spring Garden St 4th Floor Ste
    400
    Philadelphia,PA19123     		None PC General Operating Support 5,000
    Cissy Food Ministry
    PO Box 2394
    Hobbs,NM88241     		None PC Adult Diapers Purchase - COVID-19 1,000
    City Harvest Inc
    6 E 32nd St 5th Floor
    New York,NY10016     		None PC General Operating Support 20,000
    City of Haverhill
    City Treasurer 4 Summer St PO Box 9
    69
    Haverhill,MA01830     		None GOV Emergency Housing & Other Critical Needs - COVID-19 10,000
    City of Hobbs
    200 E Broadway
    Hobbs,NM882408302     		None GOV Public Art - Honor Don Maddox 34,452
    City of Lovington
    214 S Love
    Lovington,NM88260     		None GOV Youth Maze of Life 7,389
    Colorado Outdoor Education Center
    PO Box 167
    Florissant,CO80816     		None PC Sanborn Western Camps - Scholarship Program 10,000
    Couse Foundation
    PO Box 1436
    Taos,NM87571     		None PC Capital Campaign - Bringing the Legacy to Life 1,000
    Covenant Village Inc
    1351 Robinwood Rd
    Gastonia,NC28054     		None PC Employee Scholarship - Continuing Education Fund 25,000
    Covenant Village Inc
    1351 Robinwood Rd
    Gastonia,NC28054     		None PC Christmas Employee Fund 1,000
    Cowboy Junction Church
    9924 N Catchings
    Hobbs,NM88242     		None PC Lea County Beef Project Purchase - Covid-19 25,000
    Cowboy Junction Church
    9924 N Catchings
    Hobbs,NM88242     		None PC Lea County Beef Project Storage Unit and Trailer Chassis 15,700
    CurePSP
    1216 Broadway 2nd Floor
    New York,NY10001     		None PC General Operating Support 6,600
    CurePSP
    1216 Broadway 2nd Floor
    New York,NY10001     		None PC General Operating Support - Memory of Mary Ellen Joynt 2,500
    Dallas Museum of Art
    1717 N Harwood
    Dallas,TX752012398     		None PC General Operating Support 25,000
    Delta Delta Delta Foundation
    PO Box 2187
    Columbus,GA319022187     		None PC General Operating Support 25,000
    Delta Gamma Foundation
    3250 Riverside Dr
    Columbus,OH43221     		None PC Service for Sight 5,000
    Downtown Taos
    1236 Half Moon Rd
    El Prado,NM87529     		None PC Taos Mainstreet 2,000
    Downtown Women's Center
    409 S Monroe St
    Amarillo,TX79101     		None PC General Operating Support 2,500
    Embudo Valley Tutoring Association
    PO Box 267 Rte 75
    Dixon,NM87527     		None PC General Operating Support 1,000
    Equal Justice Initiative
    122 Commerce St
    Montgomery,AL36104     		None PC General Operating Support 5,000
    Eunice Public Schools
    PO Box 129
    Eunice,NM882310129     		None PC Computer Purchase for Khan Academy Blended Learning Project 8,000
    Fcancer
    9854 National Blvd 280
    Los Angeles,CA90034     		None PC P.ink 2,500
    First United Methodist Church
    200 E Snyder
    Hobbs,NM88240     		None PC Endowment Fund - Memory of Leon Thompson 1,000
    First United Methodist Church
    200 E Snyder
    Hobbs,NM88240     		None PC General Operating Support - Memory of Kirby Bingham, Jim McAdams & Julia Salcedo 1,500
    First United Methodist Church Lubbock
    1411 Broadway St
    Lubbock,TX79401     		None PC General Operating Support 7,250
    Friends of Anansi Charter School
    PO Box 1709
    El Prado,NM87529     		None PC General Operating Support 1,000
    Friends of KWMU Inc
    3651 Olive St
    Saint Louis,MO63108     		None PC General Operating Support 6,600
    Friends of the Hobbs Public Library
    PO Box 5041
    Hobbs,NM88241     		None PC General Operating Support 500
    Friends of the Yampa Inc
    PO Box 771654
    Steamboat Springs,CO80477     		None PC General Operating Support 2,000
    GBMC Foundation
    6701 N Charles St
    Towson,MD21204     		None PC Berman Cancer Institute Infusion Center - Memory of Frank Jamison 250
    Gideons International Inc
    1900 N Fowler
    Hobbs,NM88240     		None PC General Operating Support 2,500
    Global Empowerment Mission Inc
    1040 Biscayne Blvd Ste 2403
    Miami,FL33132     		None PC General Operating Support 5,000
    Greensboro College
    815 W Market St
    Greensboro,NC274011875     		None PC General Operating Support 5,000
    Guidance Center of Lea County Inc
    PO Box 907
    Hobbs,NM882410907     		None PC Emergency Transitional Housing 2019 3,312
    Guidance Center of Lea County Inc
    PO Box 907
    Hobbs,NM882410907     		None PC Housing Insecurity Relief 30,000
    Guidance Center of Lea County Inc
    PO Box 907
    Hobbs,NM882410907     		None PC Transitional Housing Assistance COVID-19 15,000
    Habitat for Humanity International Inc
    PO Box 5833
    Hobbs,NM882415833     		None PC Construction Costs 2020-2022 200,000
    Habitat for Humanity International Inc
    PO Box 5833
    Hobbs,NM882415833     		None PC General Operating Support 18,000
    Habitat for Humanity International Inc
    PO Box 5833
    Hobbs,NM882415833     		None PC Land Purchase 60,000
    Habitat for Humanity International Inc
    PO Box 5833
    Hobbs,NM882415833     		None PC Promotional Fundraising Video 2,000
    Haverhill Public Schools
    4 Summer St
    Haverhill,MA018305877     		None GOV COVID-19 Prevention Program 10,000
    Haverhill Public Schools
    4 Summer St
    Haverhill,MA018305877     		None GOV General Operating Support 37,500
    Haverhill Public Schools
    4 Summer St
    Haverhill,MA018305877     		None GOV Haverhill Promise 12,500
    Heal the City
    PO Box 2556
    Amarillo,TX79105     		None GOV General Operating Support 3,000
    Hearts Desire Inc
    PO Box 121
    Lovington,NM88260     		None PC Emergency Operating Funds 25,000
    Hobbs Municipal Schools
    PO Box 1030
    Hobbs,NM882411030     		None GOV Hobbs High School band program 1,000
    Hollins University Corporation
    PO Box 9629
    Roanoke,VA240201629     		None PC French Department 5,000
    Hollins University Corporation
    PO Box 9629
    Roanoke,VA240201629     		None PC Hollins Fund 20,000
    Holy Angels Inc
    6600 W Wilkinson Blvd
    Belmont,NC28012     		None PC General Operating Support 500
    Holy Angels Inc
    6600 W Wilkinson Blvd
    Belmont,NC28012     		None PC General Operating Support - Memory of Frankie Smith 3,000
    International Community Foundation
    2505 N Ave
    National City,CA97950     		None PC Charitable Work - Mexico 5,000
    Isaiah's Soup Kitchen
    304 W Harden Blvd
    Hobbs,NM88240     		None PC Hand Washing Stations - COVID-19 1,200
    Jal Public Schools
    PO Box 1386
    Jal,NM882521386     		None GOV Early Childcare and Pre-Kindergarten Center and Program 54,613
    Kanza Society Inc High Plains Public Radio
    210 N 7th St
    Garden City,KS67846     		None PC General Operating Support 2,500
    Lea County Commission for the Arts Inc
    122 W Broadway
    Hobbs,NM88240     		None PC General Operating Support 500
    Lea County Museum Inc
    103 S Love St
    Lovington,NM882604218     		None PC General Operating Support - Memory of Dorothy Runnels 500
    LEADERS Industries Inc
    115 W Dunam
    Hobbs,NM88240     		None PC Window Laminate 7,504
    Leadership New Mexico
    PO Box 35696
    Albuquerque,NM871765696     		None PC Core Group Dinner Event - Hobbs 2,500
    Leadership New Mexico
    PO Box 35696
    Albuquerque,NM871765696     		None PC Statewide Leadership Development 15,000
    Leadership New Mexico
    PO Box 35696
    Albuquerque,NM871765696     		None PC Virtual Education Series Conference 2,500
    The Louise Hopkins Underwood Center for the Arts
    511 Ave K
    Lubbock,TX79401     		None PC General Operating Support 500
    Lovington Food Coalition
    PO Box 715
    Lovington,NM88260     		None PC Summer Backsnack Program Food Purchase - COVID-19 5,000
    Lovington Mainstreet Corporation
    PO Box 1418
    Lovington,NM88260     		None PC Local Vocal 7,500
    Lovington Municipal Schools
    18 W Washington
    Lovington,NM88260     		None PC Assessment System Testing Fees 5,000
    Lubbock Area United Way
    1655 Main St Ste 101
    Lubbock,TX79401     		None PC General Operating Support - Memory of JC Chambers 1,000
    Lubbock Entertainment and Performing Arts Association
    1500 Broadway St Ste 1254
    Lubbock,TX79401     		None PC Buddy Holly Center 20,000
    Maverick Boys and Girls Club
    1923 S Lincoln St
    Amarillo,TX79109     		None PC General Operating Support 2,500
    McCallie School Inc
    500 Dodds Ave
    Chattanooga,TN37404     		None PC General Operating Support 5,000
    Melrose Youth Trap Club
    1503 Sr 224
    Melrose,NM88124     		None PC General Operating Support 2,000
    The Mexico Institute
    800 W Campbell Rd JO31
    Richardson,TX75080     		None PC General Operating Support 2,000
    Michael J Fox Foundation for Parkinson's Research
    Grand Central Station PO Box 4777
    New York,NY101634777     		None PC General Operating Support 10,000
    MyPower Inc
    PO Box 1756
    Hobbs,NM88241     		None PC General Operating Support 114,250
    NAMI Inc
    3803 N Fairfax Dr Ste 100
    Arlington,VA22203     		None PC General Operating Support - Memory of Jerome C Fox III 1,000
    Nasher Sculpture Center
    2001 Flora St
    Dallas,TX75201     		None PC General Operating Support 10,000
    Nasher Sculpture Center
    2001 Flora St
    Dallas,TX75201     		None PC Nasher Prize 5,000
    National Cowgirl Museum and Hall of Fame
    1720 Gendy St
    Fort Worth,TX76107     		None PC General Operating Support 25,000
    Nature Conservancy Inc
    4245 N Fairfax Dr Ste 100
    Arlington,VA22203     		None PC NM Nature Conservancy 10,000
    New Mexico Biopark Society Inc
    903 Tenth St SW
    Albuquerque,NM87102     		None PC General Operating Support 1,000
    New Mexico Junior College
    5317 N Lovington Hwy
    Hobbs,NM882409121     		None GOV Western Heritage Museum Exhibits 62,502
    North Texas Food Bank
    4500 S Cockrell Hill Rd
    Dallas,TX75236     		None PC General Operating Support 5,000
    One Love Worldwide
    1223 El Caminito
    Hobbs,NM88240     		None PC General Operating Support 16,000
    Option Inc
    PO Box 2213
    Hobbs,NM882412213     		None PC General Operating Support 1,000
    Palmer Drug Abuse Program of Lea County Inc
    PO Box 5185
    Hobbs,NM882415185     		None PC General Operating Support 9,500
    Paseo Project Inc
    PO Box 1075
    Taos,NM87571     		None PC General Operating Support 15,000
    Phoenix House - Sexual Assault & Domestic Violence Resource Center
    221 E Green Acres Dr
    Hobbs,NM88240     		None PC Victims of Violent Crimes - Equipment Purchase 5,986
    Planned Parenthood of the St Louis Region and Southwest Missouri
    4251 Forest Park Ave
    Saint Louis,MO63108     		None PC General Operating Support 6,600
    Post Church of Christ
    108 N Ave M
    Post,TX79356     		None PC General Operating Support - Honor of Monk Palmer 500
    Pre-GED School at the Cathedral
    5100 Ross Ave
    Dallas,TX75206     		None PC General Operating Support 10,000
    Project 40 31 Inc
    122 W Taylor St
    Hobbs,NM88240     		None PC General Operating Support 6,500
    Reach Out and Read Inc
    89 S Street Ste 201
    Boston,MA02111     		None PC General Operating Support 5,000
    Reading Quest
    991 Camino Consuelo
    Santa Fe,NM87507     		None PC General Operating Support 2,500
    William Marsh Rice University
    PO Box 2593
    Houston,TX746592593     		None PC General Operating Support 5,000
    Rocky Mountain Youth Corps
    PO Box 1960
    Ranchos de Taos,NM875571960     		None PC General Operating Support 15,000
    Sacramento Camp and Conference Center Inc
    PO Box 8
    Sacramento,NM883470008     		None PC General Operating Support 60,000
    Sacramento Camp and Conference Center Inc
    PO Box 8
    Sacramento,NM883470008     		None PC General Operating Support - Honor of Diane Fenner Roberts 1,000
    Sagebrush Community Church
    6440 Coors Blvd NW
    Albuquerque,NM87120     		None PC General Operating Support 6,000
    Saint Helena Catholic Church
    100 E Bender Blvd
    Hobbs,NM88240     		None PC St Helena Catholic School - Memory of Charles "Chuck" E Moran 11,000
    Saint Louis Crisis Nursery
    11710 Administration Drive Ste 18
    St Louis,MO63146     		None PC General Operating Support 5,000
    Saint Michael and All Angels Church
    8011 Douglas St
    Dallas,TX75225     		None PC General Operating Support 5,000
    Salem Academy and College
    601 S Church St
    WinstonSalem,NC27101     		None PC General Operating Support 22,000
    Salem Academy and College
    601 S Church St
    WinstonSalem,NC27101     		None PC General Operating Support - Honor of Susan Leigh Maddox 10,000
    Salem Academy and College
    601 S Church St
    WinstonSalem,NC27101     		None PC Susan Leigh Maddox Science and Math Excellence Fund 5,000
    Salvation Army Hobbs
    820 S Fowler St
    Hobbs,NM88240     		None PC Cleaning Supplies - COVID-19 5,000
    Salvation Army Hobbs
    820 S Fowler St
    Hobbs,NM88240     		None PC Emergency Housing - COVID-19 10,000
    Salvation Army Hobbs
    820 S Fowler St
    Hobbs,NM88240     		None PC Emergency Motel Vouchers - Housing Insecurity Relief 10,000
    Salvation Army Hobbs
    820 S Fowler St
    Hobbs,NM88240     		None PC Food Purchase - COVID-19 45,000
    Salvation Army Hobbs
    820 S Fowler St
    Hobbs,NM88240     		None PC General Operating Support 500
    Salvation Army Hobbs
    820 S Fowler St
    Hobbs,NM88240     		None PC Homeless Emergency Kits 3,000
    Salvation Army Hobbs
    820 S Fowler St
    Hobbs,NM88240     		None PC Temporary Housing - COVID-19 30,000
    Santa Fe Community Foundation
    PO Box 1827
    Santa Fe,NM875051827     		None PC Early Childhood Emergency Response Fund 5,000
    Save the Children Federation Inc
    501 Kings Highway E Ste 400
    Fairfield,CT06825     		None PC General Operating Support 3,000
    Southeast New Mexico Cycling
    613 E Baja
    Hobbs,NM882403417     		None PC General Operating Support 30,000
    Southwest Symphony
    PO Box 101
    Hobbs,NM88241     		None PC Concert Season 2019-2021 115,500
    Special Olympics New Mexico
    6600 Palomas NE Ste 207
    Albuquerque,NM87109     		None PC Rio Grande Half Marathon 1,000
    St Annes Episcopal School Inc
    2701 S York St
    Denver,CO80210     		None PC Sam and Grace Masoudi Memorial Fund 1,000
    Saint Philips School and Community Center
    1600 Pennsylvania Ave
    Dallas,TX75215     		None PC General Operating Support 50,000
    St Louis Community Foundation Inc
    2 Oak Knoll Park
    St Louis,MO63105     		None PC Regional Response Fund - COVID- 19 1,000
    Stanford University
    301 Encina Hall
    Stanford,CA94305     		None PC Graduate School of Business 2,500
    Susan G Komen Breast Cancer Foundation
    2316 Randolph Rd
    Charlotte,NC28207     		None PC General Operating Support 5,000
    Taos Avalanche Center
    PO Box 267
    El Prado,NM87529     		None PC General Operating Support 2,000
    The Taos Community Foundation Inc
    PO Box 1925
    Taos,NM87571     		None PC Building Fund 10,000
    The Taos Community Foundation Inc
    PO Box 1925
    Taos,NM87571     		None PC Endowment Agency Fund 15,000
    The Taos Community Foundation Inc
    PO Box 1925
    Taos,NM87571     		None PC General Operating Support 5,000
    Teach for America Inc
    600 N Pearl St Ste 2300
    Dallas,TX75201     		None PC General Operating Support 5,000
    Teaching Matters Inc
    475 Riverside Dr Ste 1270
    New York,NY10115     		None PC General Operating Support 5,000
    Teen Court of Lea County Inc
    PO Box 831
    Hobbs,NM882410831     		None PC General Operating Support 25,000
    Texas Tech Foundation Inc
    PO Box 41081
    Lubbock,TX794091081     		None PC Foster 10 Year Anniversary Scholarship 5,000
    Texas Tech Law School Foundation
    1802 Hartford
    Lubbock,TX79409     		None PC Kelln Zimmer Memorial Scholarship 5,000
    Tri-State Shooting Sports Foundation
    PO Box 30064
    Amarillo,TX791012442     		None PC General Operating Support 3,000
    Twirl A Play and Discovery Space Inc
    225 Camino de la Placita
    Taos,NM87571     		None PC General Operating Support 1,500
    United for Change Center
    2480 Times Blvd Ste 204-B
    Houston,TX77005     		None PC General Operating Support 45,000
    United for Change Center
    2480 Times Blvd Ste 204-B
    Houston,TX77005     		None PC General Operating Support - Honor of Bob Reid 100,000
    United Way of Greater St Louis Inc
    910 N 11th St
    St Louis,MO63101     		None PC General Operating Support 50,000
    United Way of Lea County Inc Hobbs NM
    PO Box 1834
    Hobbs,NM882411834     		None PC Campaign Support 2019-2023 206,070
    United Way of Lea County Inc Hobbs NM
    PO Box 1834
    Hobbs,NM882411834     		None PC 211 Utility Assistance - COVID-19 20,000
    United Way of Lea County Inc Hobbs NM
    PO Box 1834
    Hobbs,NM882411834     		None PC Evening Meal Food Purchases - Covid-19 10,000
    United Way of Lea County Inc Hobbs NM
    PO Box 1834
    Hobbs,NM882411834     		None PC Technology Upgrade Grant 22,000
    United Way of Massachusetts Bay and Merrimack Valley
    51 Sleeper St
    Boston,MA02210     		None PC The One Haverhill Fund 10,000
    United Way of Pickens County
    PO Box 96
    Easley,SC29641     		None PC Camp IROCK 4,000
    University City Children's Center
    6646 Vernon Ave
    University City,MO63130     		None PC General Operating Support 15,000
    University of New Mexico Foundation Inc
    Two Woodward Center 700 Lomas Blvd
    NE Ste 108
    Albuquerque,NM87131     		None PC General Operating Support 20,000
    University of Texas System
    5323 Harry Hines Blvd
    Dallas,TX753907208     		None PC General Operating Support 5,500
    UNM Lobo Club
    MSC04 2680 1 University of NM
    Albuquerque,NM87131     		None PC Baseball Coaching Fund #203131 5,000
    Uplifting Athletes Inc
    PO Box 574
    Doylestown,PA18901     		None PC General Operating Support 4,000
    Uplifting Athletes Inc
    PO Box 574
    Doylestown,PA18901     		None PC 7000 Mile Challenge - Clemson Community Fund 2,000
    Wake Forest University
    PO Box 7227
    WinstonSalem,NC271097227     		None PC Law Fund 3,000
    Wake Forest University
    PO Box 7227
    WinstonSalem,NC271097227     		None PC Maddox Law Scholarship 13,000
    Western Environmental Law Center
    120 Shelton McMurphey Blvd Ste 340
    Eugene,OR97401     		None PC General Operating Support 2,000
    Wholly Rags
    Ranchos de Taos PO Box 1051
    Taos,NM875571051     		None PC General Operating Support 5,500
    Women's Economic Self-Sufficiency Team
    609 Broadway Boulevard NE
    Albuquerque,NM87102     		None PC General Operating Support 24,125
    YMCA of the North Shore Inc
    81 Winter St
    Haverhill,MA01830     		None PC Summer Reading camp 15,000
    Addison Brooke Marquez
    1911 W Jefferson Ave
    Lovington,NM88260     		None I 2020 Laptop Computer Recipient 1,913
    Andre Gomez
    1405 Camino Real
    Hobbs,NM88240     		None I 2015 Maddox Scholar 2,500
    Andres Jose Flores
    217 S 2nd
    Lovington,NM88260     		None I 2020 Laptop Computer Recipient 1,913
    Brennan Riley Martinez
    1405 N Industrial
    Lovington,NM88260     		None I 2020 Laptop Computer Recipient 1,913
    Brevin Thompson
    915 Nambe
    Hobbs,NM88240     		None I 2015 Maddox Scholar 2,500
    Brooke Dunn
    5020 W Dark Horse Rd
    Hobbs,NM88240     		None I 2016 Distinguished Scholar 20,495
    Caden Bailey
    1017 W Harrison
    Lovington,NM88260     		None I 2015 Distinguished Scholar 12,710
    Celine Cuellar
    1303 W Ave H
    Lovington,NM88260     		None I 2016 Maddox Scholar 5,130
    Claire Alexa Newey
    4816 W Hardtack
    Hobbs,NM88240     		None I 2020 Maddox Scholar 2,163
    Cynthia Jordan
    1116 N Gulf St
    Hobbs,NM882404811     		None I 2016 Maddox Scholar 2,013
    Cynthia Anahi Palacios
    PO Box 114 624 S Ave B
    Tatum,NM88267     		None I 2020 Maddox Scholar 110
    Daylan Flemmons
    601 E Reppto Rd
    Brownfield,TX79316     		None I 2018 Distinguished Scholar 61,838
    Elizabeth Rose Honigmann
    116 W Alto Dr
    Hobbs,NM88260     		None I 2020 Laptop Computer Recipient 1,913
    Erin Hines
    1413 W Paige Dr
    Hobbs,NM88240     		None I 2018 Maddox Scholar 5,000
    Haleigh Morgan Bluedorn
    2000 W Ave J
    Lovington,NM88260     		None I 2016 Maddox Scholar 5,000
    Hector Angel Rivera Jr
    318 S 1st St
    Lovington,NM88260     		None I 2019 Maddox Scholar 2,078
    Jackson Driskill
    2410 W College Lane
    Hobbs,NM88242     		None I 2017 Maddox Scholar 4,260
    Jay Nelson
    115 W Silver
    Hobbs,NM88240     		None I 2018 Maddox Scholar 3,945
    Jordyn Dane' Gibson
    2233 N Rojo Dr
    Hobbs,NM88240     		None I 2020 Laptop Computer Recipient 1,913
    Kaira Payen
    1314 E Cimarron Rd
    Hobbs,NM88240     		None I 2018 Maddox Scholar 6,324
    Kaleb Jordan Franco
    1309 W Tyler Ave
    Lovington,NM88260     		None I 2020 Laptop Computer Recipient 1,913
    Kaleb Hobbs
    103 W Cactus Ct
    Hobbs,NM88240     		None I 2020 Laptop Computer Recipient 1,913
    Karina Nieto
    PO Box 842
    Jal,NM88252     		None I 2020 Laptop Computer Recipient 1,913
    Katelynn Nicole Ramirez
    323 S 3rd
    Lovington,NM88260     		None I 2020 Laptop Computer Recipient 1,913
    Keaton T Hartman
    1712 N Brazos Ave
    Hobbs,NM88240     		None I 2020 Laptop Computer Recipient 1,913
    Kunal Mankad
    5001 N Carriage Rd
    Hobbs,NM88242     		None I 2017 Maddox Scholar 4,956
    Makayla Franco
    1309 W Tyler
    Lovington,NM88260     		None I 2017 Distinguished Scholar 67,719
    Markus Benavidez
    419 W Cielo Dr
    Hobbs,NM88240     		None I 2017 Maddox Scholar 668
    Nathanyel Kenneth Rodriguez
    4145 N Apodaca St
    Hobbs,NM88240     		None I 2019 Maddox Scholar 4,413
    Samuel Martinez
    128 W Scott Pl
    Hobbs,NM88240     		None I 2020 Laptop Computer Recipient 1,913
    Shaye Elizabeth Smith
    20 Broadmoor Park
    Hobbs,NM88240     		None I 2017 Maddox Scholar 5,000
    Troy Anthony White
    934 E Gold Ave
    Hobbs,NM88240     		None I 2019 Distinguished Scholar 28,147
    William Evan Gray
    8823 N Bensing Rd
    Hobbs,NM88242     		None I 2018 Maddox Scholar 5,000
    Total .................................bullet 3a 2,927,990
    bApproved for future payment
    Community Players of Hobbs
    PO Box 2153
    Hobbs,NM882412153     		NONE PC Summer Workshop 15,950
    City of Lovington
    214 S Love
    Lovington,NM88260     		NONE GOV Cinco de Mayo 12,500
    Lovington Mainstreet Corporation
    PO Box 1418
    Lovington,NM88260     		NONE PC Live on Love Street 2020-2021 25,000
    New Mexico Junior College
    5317 N Lovington Hwy
    Hobbs,NM882409121     		NONE GOV Western Heritage Museum Exhibits 164,000
    New Mexico Museum of Natural History
    1801 Mountain Rd NW
    Albuquerque,NM87104     		NONE PC Virtual Field Trips 5,000
    Southwest Symphony
    PO Box 101
    Hobbs,NM88241     		NONE PC Concert Season 2020-2021 50,000
    United Way of Lea County Inc Hobbs NM
    PO Box 1834
    Hobbs,NM882411834     		NONE PC Campaign Support 2021-2023 1,143,324
    United Way of Lea County Inc Hobbs NM
    PO Box 1834
    Hobbs,NM882411834     		NONE PC Matching Campaign 2023 200,000
    Total .................................bullet 3b 1,615,774
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 16,084  
    4 Dividends and interest from securities....     14 1,017,226  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		900000 93,298 18 12,022,914 -23,851
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOther Interest     		    14 1,074  
    bPARTNERSHIP INTEREST INCOME 900000 1,765 14 1,000,553  
    cPARTNERSHIP EXEMPT INTEREST     14 2,804  
    dPARTNERSHIP DIVIDEND INCOME 900000 1,070 14 511,977  
    ePARTNERSHIP OTHER INCOME 900000 187,537 14 88,017 0
    fPARTNERSHIP PORTFOLIO INCOME 900000 -285 14 645,133 0
    gSTATE UBTI TAX REFUNDS   1,583 14   0
    hOther Income     14 156 0
    12 Subtotal. Add columns (b), (d), and (e).. 284,968 15,305,938 -23,851
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    15,567,055
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID: 20011424
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    American College of Trust and Estate Counsel Foundation Inc901 15th St NW Ste 525
    Washington,DC20005     		None PC General Operating Support - Memory of L Henry Gissel Jr 2,500
    American College of Trust and Estate Counsel Foundation Inc901 15th St NW Ste 525
    Washington,DC20005     		None PC Spring Derby Fundraiser 3,000
    Affinia Healthcare1717 Biddle
    St Louis,MO63106     		None PC General Operating Support 6,600
    Albuquerque Academy6400 Wyoming Blvd NE
    Albuquerque,NM871093899     		None PC General Operating Support 9,375
    Amarillo Habitat for HumanityPO Box 755
    Amarillo,TX79105     		None PC General Operating Support 3,000
    American Cancer Society Inc3513 10th St
    Lubbock,TX79415     		None PC General Operating Support - Memory of Janice Jones 500
    American Rivers Inc1101 14th St NW Ste 1400
    Washington,DC20005     		None PC General Operating Support 2,000
    Amigos Bravos IncPO Box 238
    Taos,NM875710238     		None PC General Operating Support 2,000
    Animal Humane Association of New Mexico Inc615 Virginia St SE
    Albuquerque,NM87108     		None PC General Operating Support 1,000
    Barbershop Books75 Maiden Lane Ste 1102
    New York,NY10038     		None PC General Operating Support 2,500
    Boy Scouts of America Conquistador Council2603 N Aspen
    Roswell,NM88201     		None PC Capital Campaign 25,000
    Boy Scouts of America Conquistador Council2603 N Aspen
    Roswell,NM88201     		None PC Friends of Scouting 10,000
    Boys Club of Hobbs Inc DBA Boys and Girls Club of Hobbs Inc301 E Broadway
    Hobbs,NM882408433     		None PC Adult Behind the Child 10,000
    Boys Club of Hobbs Inc DBA Boys and Girls Club of Hobbs Inc301 E Broadway
    Hobbs,NM882408433     		None PC General Operating Support 118,000
    Bridges Project for EducationPO Box 308
    Taos,NM875710308     		None PC General Operating Support 10,000
    Cancer Foundation for New MexicoPO Box 5038
    Santa Fe,NM87502     		None PC General Operating Support 2,000
    The Carlsbad Association for Retarded Citizens Farm IncPO Drawer 1808
    Carlsbad,NM882211808     		None PC General Operating Support 2,000
    The Carlsbad Association for Retarded Citizens Farm IncPO Drawer 1808
    Carlsbad,NM882211808     		None PC General Operating Support - Honor of Gary Forrest 5,000
    Casa de Salud3200 Chouteau Ave
    Saint Louis,MO63103     		None PC General Operating Support 6,600
    CASA of Lea County501 N Linam
    Hobbs,NM88240     		None PC Emergency Operating Funds 64,000
    CASA of Lea County501 N Linam
    Hobbs,NM88240     		None PC General Operating Support 500
    Cathedral Shrine of the Virgin of Guadalupe2215 Ross Ave
    Dallas,TX75201     		None PC General Operating Support 5,000
    Chaves County Casa Program500 N Main St 310
    Roswell,NM88201     		None PC Courthouse Dog Program - Memory of Bozena M Cloutier 500
    Child & Family Services Inc950 E Snyder
    Hobbs,NM88240     		None PC Imagination Library of Lea County 50,000
    Children's Defense Fund25 E St NW
    Washington,DC20001     		None PC General Operating Support 5,000
    Children's Literacy Initiative990 Spring Garden St 4th Floor Ste
    400
    Philadelphia,PA19123     		None PC General Operating Support 5,000
    Cissy Food MinistryPO Box 2394
    Hobbs,NM88241     		None PC Adult Diapers Purchase - COVID-19 1,000
    City Harvest Inc6 E 32nd St 5th Floor
    New York,NY10016     		None PC General Operating Support 20,000
    City of HaverhillCity Treasurer 4 Summer St PO Box 9
    69
    Haverhill,MA01830     		None GOV Emergency Housing & Other Critical Needs - COVID-19 10,000
    City of Hobbs200 E Broadway
    Hobbs,NM882408302     		None GOV Public Art - Honor Don Maddox 34,452
    City of Lovington214 S Love
    Lovington,NM88260     		None GOV Youth Maze of Life 7,389
    Colorado Outdoor Education CenterPO Box 167
    Florissant,CO80816     		None PC Sanborn Western Camps - Scholarship Program 10,000
    Couse FoundationPO Box 1436
    Taos,NM87571     		None PC Capital Campaign - Bringing the Legacy to Life 1,000
    Covenant Village Inc1351 Robinwood Rd
    Gastonia,NC28054     		None PC Employee Scholarship - Continuing Education Fund 25,000
    Covenant Village Inc1351 Robinwood Rd
    Gastonia,NC28054     		None PC Christmas Employee Fund 1,000
    Cowboy Junction Church9924 N Catchings
    Hobbs,NM88242     		None PC Lea County Beef Project Purchase - Covid-19 25,000
    Cowboy Junction Church9924 N Catchings
    Hobbs,NM88242     		None PC Lea County Beef Project Storage Unit and Trailer Chassis 15,700
    CurePSP1216 Broadway 2nd Floor
    New York,NY10001     		None PC General Operating Support 6,600
    CurePSP1216 Broadway 2nd Floor
    New York,NY10001     		None PC General Operating Support - Memory of Mary Ellen Joynt 2,500
    Dallas Museum of Art1717 N Harwood
    Dallas,TX752012398     		None PC General Operating Support 25,000
    Delta Delta Delta FoundationPO Box 2187
    Columbus,GA319022187     		None PC General Operating Support 25,000
    Delta Gamma Foundation3250 Riverside Dr
    Columbus,OH43221     		None PC Service for Sight 5,000
    Downtown Taos1236 Half Moon Rd
    El Prado,NM87529     		None PC Taos Mainstreet 2,000
    Downtown Women's Center409 S Monroe St
    Amarillo,TX79101     		None PC General Operating Support 2,500
    Embudo Valley Tutoring AssociationPO Box 267 Rte 75
    Dixon,NM87527     		None PC General Operating Support 1,000
    Equal Justice Initiative122 Commerce St
    Montgomery,AL36104     		None PC General Operating Support 5,000
    Eunice Public SchoolsPO Box 129
    Eunice,NM882310129     		None PC Computer Purchase for Khan Academy Blended Learning Project 8,000
    Fcancer9854 National Blvd 280
    Los Angeles,CA90034     		None PC P.ink 2,500
    First United Methodist Church200 E Snyder
    Hobbs,NM88240     		None PC Endowment Fund - Memory of Leon Thompson 1,000
    First United Methodist Church200 E Snyder
    Hobbs,NM88240     		None PC General Operating Support - Memory of Kirby Bingham, Jim McAdams & Julia Salcedo 1,500
    First United Methodist Church Lubbock1411 Broadway St
    Lubbock,TX79401     		None PC General Operating Support 7,250
    Friends of Anansi Charter SchoolPO Box 1709
    El Prado,NM87529     		None PC General Operating Support 1,000
    Friends of KWMU Inc3651 Olive St
    Saint Louis,MO63108     		None PC General Operating Support 6,600
    Friends of the Hobbs Public LibraryPO Box 5041
    Hobbs,NM88241     		None PC General Operating Support 500
    Friends of the Yampa IncPO Box 771654
    Steamboat Springs,CO80477     		None PC General Operating Support 2,000
    GBMC Foundation6701 N Charles St
    Towson,MD21204     		None PC Berman Cancer Institute Infusion Center - Memory of Frank Jamison 250
    Gideons International Inc1900 N Fowler
    Hobbs,NM88240     		None PC General Operating Support 2,500
    Global Empowerment Mission Inc1040 Biscayne Blvd Ste 2403
    Miami,FL33132     		None PC General Operating Support 5,000
    Greensboro College815 W Market St
    Greensboro,NC274011875     		None PC General Operating Support 5,000
    Guidance Center of Lea County IncPO Box 907
    Hobbs,NM882410907     		None PC Emergency Transitional Housing 2019 3,312
    Guidance Center of Lea County IncPO Box 907
    Hobbs,NM882410907     		None PC Housing Insecurity Relief 30,000
    Guidance Center of Lea County IncPO Box 907
    Hobbs,NM882410907     		None PC Transitional Housing Assistance COVID-19 15,000
    Habitat for Humanity International IncPO Box 5833
    Hobbs,NM882415833     		None PC Construction Costs 2020-2022 200,000
    Habitat for Humanity International IncPO Box 5833
    Hobbs,NM882415833     		None PC General Operating Support 18,000
    Habitat for Humanity International IncPO Box 5833
    Hobbs,NM882415833     		None PC Land Purchase 60,000
    Habitat for Humanity International IncPO Box 5833
    Hobbs,NM882415833     		None PC Promotional Fundraising Video 2,000
    Haverhill Public Schools4 Summer St
    Haverhill,MA018305877     		None GOV COVID-19 Prevention Program 10,000
    Haverhill Public Schools4 Summer St
    Haverhill,MA018305877     		None GOV General Operating Support 37,500
    Haverhill Public Schools4 Summer St
    Haverhill,MA018305877     		None GOV Haverhill Promise 12,500
    Heal the CityPO Box 2556
    Amarillo,TX79105     		None GOV General Operating Support 3,000
    Hearts Desire IncPO Box 121
    Lovington,NM88260     		None PC Emergency Operating Funds 25,000
    Hobbs Municipal SchoolsPO Box 1030
    Hobbs,NM882411030     		None GOV Hobbs High School band program 1,000
    Hollins University CorporationPO Box 9629
    Roanoke,VA240201629     		None PC French Department 5,000
    Hollins University CorporationPO Box 9629
    Roanoke,VA240201629     		None PC Hollins Fund 20,000
    Holy Angels Inc6600 W Wilkinson Blvd
    Belmont,NC28012     		None PC General Operating Support 500
    Holy Angels Inc6600 W Wilkinson Blvd
    Belmont,NC28012     		None PC General Operating Support - Memory of Frankie Smith 3,000
    International Community Foundation2505 N Ave
    National City,CA97950     		None PC Charitable Work - Mexico 5,000
    Isaiah's Soup Kitchen304 W Harden Blvd
    Hobbs,NM88240     		None PC Hand Washing Stations - COVID-19 1,200
    Jal Public SchoolsPO Box 1386
    Jal,NM882521386     		None GOV Early Childcare and Pre-Kindergarten Center and Program 54,613
    Kanza Society Inc High Plains Public Radio210 N 7th St
    Garden City,KS67846     		None PC General Operating Support 2,500
    Lea County Commission for the Arts Inc122 W Broadway
    Hobbs,NM88240     		None PC General Operating Support 500
    Lea County Museum Inc103 S Love St
    Lovington,NM882604218     		None PC General Operating Support - Memory of Dorothy Runnels 500
    LEADERS Industries Inc115 W Dunam
    Hobbs,NM88240     		None PC Window Laminate 7,504
    Leadership New MexicoPO Box 35696
    Albuquerque,NM871765696     		None PC Core Group Dinner Event - Hobbs 2,500
    Leadership New MexicoPO Box 35696
    Albuquerque,NM871765696     		None PC Statewide Leadership Development 15,000
    Leadership New MexicoPO Box 35696
    Albuquerque,NM871765696     		None PC Virtual Education Series Conference 2,500
    The Louise Hopkins Underwood Center for the Arts511 Ave K
    Lubbock,TX79401     		None PC General Operating Support 500
    Lovington Food CoalitionPO Box 715
    Lovington,NM88260     		None PC Summer Backsnack Program Food Purchase - COVID-19 5,000
    Lovington Mainstreet CorporationPO Box 1418
    Lovington,NM88260     		None PC Local Vocal 7,500
    Lovington Municipal Schools18 W Washington
    Lovington,NM88260     		None PC Assessment System Testing Fees 5,000
    Lubbock Area United Way1655 Main St Ste 101
    Lubbock,TX79401     		None PC General Operating Support - Memory of JC Chambers 1,000
    Lubbock Entertainment and Performing Arts Association1500 Broadway St Ste 1254
    Lubbock,TX79401     		None PC Buddy Holly Center 20,000
    Maverick Boys and Girls Club1923 S Lincoln St
    Amarillo,TX79109     		None PC General Operating Support 2,500
    McCallie School Inc500 Dodds Ave
    Chattanooga,TN37404     		None PC General Operating Support 5,000
    Melrose Youth Trap Club1503 Sr 224
    Melrose,NM88124     		None PC General Operating Support 2,000
    The Mexico Institute800 W Campbell Rd JO31
    Richardson,TX75080     		None PC General Operating Support 2,000
    Michael J Fox Foundation for Parkinson's ResearchGrand Central Station PO Box 4777
    New York,NY101634777     		None PC General Operating Support 10,000
    MyPower IncPO Box 1756
    Hobbs,NM88241     		None PC General Operating Support 114,250
    NAMI Inc3803 N Fairfax Dr Ste 100
    Arlington,VA22203     		None PC General Operating Support - Memory of Jerome C Fox III 1,000
    Nasher Sculpture Center2001 Flora St
    Dallas,TX75201     		None PC General Operating Support 10,000
    Nasher Sculpture Center2001 Flora St
    Dallas,TX75201     		None PC Nasher Prize 5,000
    National Cowgirl Museum and Hall of Fame1720 Gendy St
    Fort Worth,TX76107     		None PC General Operating Support 25,000
    Nature Conservancy Inc4245 N Fairfax Dr Ste 100
    Arlington,VA22203     		None PC NM Nature Conservancy 10,000
    New Mexico Biopark Society Inc903 Tenth St SW
    Albuquerque,NM87102     		None PC General Operating Support 1,000
    New Mexico Junior College5317 N Lovington Hwy
    Hobbs,NM882409121     		None GOV Western Heritage Museum Exhibits 62,502
    North Texas Food Bank4500 S Cockrell Hill Rd
    Dallas,TX75236     		None PC General Operating Support 5,000
    One Love Worldwide1223 El Caminito
    Hobbs,NM88240     		None PC General Operating Support 16,000
    Option IncPO Box 2213
    Hobbs,NM882412213     		None PC General Operating Support 1,000
    Palmer Drug Abuse Program of Lea County IncPO Box 5185
    Hobbs,NM882415185     		None PC General Operating Support 9,500
    Paseo Project IncPO Box 1075
    Taos,NM87571     		None PC General Operating Support 15,000
    Phoenix House - Sexual Assault & Domestic Violence Resource Center221 E Green Acres Dr
    Hobbs,NM88240     		None PC Victims of Violent Crimes - Equipment Purchase 5,986
    Planned Parenthood of the St Louis Region and Southwest Missouri4251 Forest Park Ave
    Saint Louis,MO63108     		None PC General Operating Support 6,600
    Post Church of Christ108 N Ave M
    Post,TX79356     		None PC General Operating Support - Honor of Monk Palmer 500
    Pre-GED School at the Cathedral5100 Ross Ave
    Dallas,TX75206     		None PC General Operating Support 10,000
    Project 40 31 Inc122 W Taylor St
    Hobbs,NM88240     		None PC General Operating Support 6,500
    Reach Out and Read Inc89 S Street Ste 201
    Boston,MA02111     		None PC General Operating Support 5,000
    Reading Quest991 Camino Consuelo
    Santa Fe,NM87507     		None PC General Operating Support 2,500
    William Marsh Rice UniversityPO Box 2593
    Houston,TX746592593     		None PC General Operating Support 5,000
    Rocky Mountain Youth CorpsPO Box 1960
    Ranchos de Taos,NM875571960     		None PC General Operating Support 15,000
    Sacramento Camp and Conference Center IncPO Box 8
    Sacramento,NM883470008     		None PC General Operating Support 60,000
    Sacramento Camp and Conference Center IncPO Box 8
    Sacramento,NM883470008     		None PC General Operating Support - Honor of Diane Fenner Roberts 1,000
    Sagebrush Community Church6440 Coors Blvd NW
    Albuquerque,NM87120     		None PC General Operating Support 6,000
    Saint Helena Catholic Church100 E Bender Blvd
    Hobbs,NM88240     		None PC St Helena Catholic School - Memory of Charles "Chuck" E Moran 11,000
    Saint Louis Crisis Nursery11710 Administration Drive Ste 18
    St Louis,MO63146     		None PC General Operating Support 5,000
    Saint Michael and All Angels Church8011 Douglas St
    Dallas,TX75225     		None PC General Operating Support 5,000
    Salem Academy and College601 S Church St
    WinstonSalem,NC27101     		None PC General Operating Support 22,000
    Salem Academy and College601 S Church St
    WinstonSalem,NC27101     		None PC General Operating Support - Honor of Susan Leigh Maddox 10,000
    Salem Academy and College601 S Church St
    WinstonSalem,NC27101     		None PC Susan Leigh Maddox Science and Math Excellence Fund 5,000
    Salvation Army Hobbs820 S Fowler St
    Hobbs,NM88240     		None PC Cleaning Supplies - COVID-19 5,000
    Salvation Army Hobbs820 S Fowler St
    Hobbs,NM88240     		None PC Emergency Housing - COVID-19 10,000
    Salvation Army Hobbs820 S Fowler St
    Hobbs,NM88240     		None PC Emergency Motel Vouchers - Housing Insecurity Relief 10,000
    Salvation Army Hobbs820 S Fowler St
    Hobbs,NM88240     		None PC Food Purchase - COVID-19 45,000
    Salvation Army Hobbs820 S Fowler St
    Hobbs,NM88240     		None PC General Operating Support 500
    Salvation Army Hobbs820 S Fowler St
    Hobbs,NM88240     		None PC Homeless Emergency Kits 3,000
    Salvation Army Hobbs820 S Fowler St
    Hobbs,NM88240     		None PC Temporary Housing - COVID-19 30,000
    Santa Fe Community FoundationPO Box 1827
    Santa Fe,NM875051827     		None PC Early Childhood Emergency Response Fund 5,000
    Save the Children Federation Inc501 Kings Highway E Ste 400
    Fairfield,CT06825     		None PC General Operating Support 3,000
    Southeast New Mexico Cycling613 E Baja
    Hobbs,NM882403417     		None PC General Operating Support 30,000
    Southwest SymphonyPO Box 101
    Hobbs,NM88241     		None PC Concert Season 2019-2021 115,500
    Special Olympics New Mexico6600 Palomas NE Ste 207
    Albuquerque,NM87109     		None PC Rio Grande Half Marathon 1,000
    St Annes Episcopal School Inc2701 S York St
    Denver,CO80210     		None PC Sam and Grace Masoudi Memorial Fund 1,000
    Saint Philips School and Community Center1600 Pennsylvania Ave
    Dallas,TX75215     		None PC General Operating Support 50,000
    St Louis Community Foundation Inc2 Oak Knoll Park
    St Louis,MO63105     		None PC Regional Response Fund - COVID- 19 1,000
    Stanford University301 Encina Hall
    Stanford,CA94305     		None PC Graduate School of Business 2,500
    Susan G Komen Breast Cancer Foundation2316 Randolph Rd
    Charlotte,NC28207     		None PC General Operating Support 5,000
    Taos Avalanche CenterPO Box 267
    El Prado,NM87529     		None PC General Operating Support 2,000
    The Taos Community Foundation IncPO Box 1925
    Taos,NM87571     		None PC Building Fund 10,000
    The Taos Community Foundation IncPO Box 1925
    Taos,NM87571     		None PC Endowment Agency Fund 15,000
    The Taos Community Foundation IncPO Box 1925
    Taos,NM87571     		None PC General Operating Support 5,000
    Teach for America Inc600 N Pearl St Ste 2300
    Dallas,TX75201     		None PC General Operating Support 5,000
    Teaching Matters Inc475 Riverside Dr Ste 1270
    New York,NY10115     		None PC General Operating Support 5,000
    Teen Court of Lea County IncPO Box 831
    Hobbs,NM882410831     		None PC General Operating Support 25,000
    Texas Tech Foundation IncPO Box 41081
    Lubbock,TX794091081     		None PC Foster 10 Year Anniversary Scholarship 5,000
    Texas Tech Law School Foundation1802 Hartford
    Lubbock,TX79409     		None PC Kelln Zimmer Memorial Scholarship 5,000
    Tri-State Shooting Sports FoundationPO Box 30064
    Amarillo,TX791012442     		None PC General Operating Support 3,000
    Twirl A Play and Discovery Space Inc225 Camino de la Placita
    Taos,NM87571     		None PC General Operating Support 1,500
    United for Change Center2480 Times Blvd Ste 204-B
    Houston,TX77005     		None PC General Operating Support 45,000
    United for Change Center2480 Times Blvd Ste 204-B
    Houston,TX77005     		None PC General Operating Support - Honor of Bob Reid 100,000
    United Way of Greater St Louis Inc910 N 11th St
    St Louis,MO63101     		None PC General Operating Support 50,000
    United Way of Lea County Inc Hobbs NMPO Box 1834
    Hobbs,NM882411834     		None PC Campaign Support 2019-2023 206,070
    United Way of Lea County Inc Hobbs NMPO Box 1834
    Hobbs,NM882411834     		None PC 211 Utility Assistance - COVID-19 20,000
    United Way of Lea County Inc Hobbs NMPO Box 1834
    Hobbs,NM882411834     		None PC Evening Meal Food Purchases - Covid-19 10,000
    United Way of Lea County Inc Hobbs NMPO Box 1834
    Hobbs,NM882411834     		None PC Technology Upgrade Grant 22,000
    United Way of Massachusetts Bay and Merrimack Valley51 Sleeper St
    Boston,MA02210     		None PC The One Haverhill Fund 10,000
    United Way of Pickens CountyPO Box 96
    Easley,SC29641     		None PC Camp IROCK 4,000
    University City Children's Center6646 Vernon Ave
    University City,MO63130     		None PC General Operating Support 15,000
    University of New Mexico Foundation IncTwo Woodward Center 700 Lomas Blvd
    NE Ste 108
    Albuquerque,NM87131     		None PC General Operating Support 20,000
    University of Texas System5323 Harry Hines Blvd
    Dallas,TX753907208     		None PC General Operating Support 5,500
    UNM Lobo ClubMSC04 2680 1 University of NM
    Albuquerque,NM87131     		None PC Baseball Coaching Fund #203131 5,000
    Uplifting Athletes IncPO Box 574
    Doylestown,PA18901     		None PC General Operating Support 4,000
    Uplifting Athletes IncPO Box 574
    Doylestown,PA18901     		None PC 7000 Mile Challenge - Clemson Community Fund 2,000
    Wake Forest UniversityPO Box 7227
    WinstonSalem,NC271097227     		None PC Law Fund 3,000
    Wake Forest UniversityPO Box 7227
    WinstonSalem,NC271097227     		None PC Maddox Law Scholarship 13,000
    Western Environmental Law Center120 Shelton McMurphey Blvd Ste 340
    Eugene,OR97401     		None PC General Operating Support 2,000
    Wholly RagsRanchos de Taos PO Box 1051
    Taos,NM875571051     		None PC General Operating Support 5,500
    Women's Economic Self-Sufficiency Team609 Broadway Boulevard NE
    Albuquerque,NM87102     		None PC General Operating Support 24,125
    YMCA of the North Shore Inc81 Winter St
    Haverhill,MA01830     		None PC Summer Reading camp 15,000
    Addison Brooke Marquez1911 W Jefferson Ave
    Lovington,NM88260     		None I 2020 Laptop Computer Recipient 1,913
    Andre Gomez1405 Camino Real
    Hobbs,NM88240     		None I 2015 Maddox Scholar 2,500
    Andres Jose Flores217 S 2nd
    Lovington,NM88260     		None I 2020 Laptop Computer Recipient 1,913
    Brennan Riley Martinez1405 N Industrial
    Lovington,NM88260     		None I 2020 Laptop Computer Recipient 1,913
    Brevin Thompson915 Nambe
    Hobbs,NM88240     		None I 2015 Maddox Scholar 2,500
    Brooke Dunn5020 W Dark Horse Rd
    Hobbs,NM88240     		None I 2016 Distinguished Scholar 20,495
    Caden Bailey1017 W Harrison
    Lovington,NM88260     		None I 2015 Distinguished Scholar 12,710
    Celine Cuellar1303 W Ave H
    Lovington,NM88260     		None I 2016 Maddox Scholar 5,130
    Claire Alexa Newey4816 W Hardtack
    Hobbs,NM88240     		None I 2020 Maddox Scholar 2,163
    Cynthia Jordan1116 N Gulf St
    Hobbs,NM882404811     		None I 2016 Maddox Scholar 2,013
    Cynthia Anahi PalaciosPO Box 114 624 S Ave B
    Tatum,NM88267     		None I 2020 Maddox Scholar 110
    Daylan Flemmons601 E Reppto Rd
    Brownfield,TX79316     		None I 2018 Distinguished Scholar 61,838
    Elizabeth Rose Honigmann116 W Alto Dr
    Hobbs,NM88260     		None I 2020 Laptop Computer Recipient 1,913
    Erin Hines1413 W Paige Dr
    Hobbs,NM88240     		None I 2018 Maddox Scholar 5,000
    Haleigh Morgan Bluedorn2000 W Ave J
    Lovington,NM88260     		None I 2016 Maddox Scholar 5,000
    Hector Angel Rivera Jr318 S 1st St
    Lovington,NM88260     		None I 2019 Maddox Scholar 2,078
    Jackson Driskill2410 W College Lane
    Hobbs,NM88242     		None I 2017 Maddox Scholar 4,260
    Jay Nelson115 W Silver
    Hobbs,NM88240     		None I 2018 Maddox Scholar 3,945
    Jordyn Dane' Gibson2233 N Rojo Dr
    Hobbs,NM88240     		None I 2020 Laptop Computer Recipient 1,913
    Kaira Payen1314 E Cimarron Rd
    Hobbs,NM88240     		None I 2018 Maddox Scholar 6,324
    Kaleb Jordan Franco1309 W Tyler Ave
    Lovington,NM88260     		None I 2020 Laptop Computer Recipient 1,913
    Kaleb Hobbs103 W Cactus Ct
    Hobbs,NM88240     		None I 2020 Laptop Computer Recipient 1,913
    Karina NietoPO Box 842
    Jal,NM88252     		None I 2020 Laptop Computer Recipient 1,913
    Katelynn Nicole Ramirez323 S 3rd
    Lovington,NM88260     		None I 2020 Laptop Computer Recipient 1,913
    Keaton T Hartman1712 N Brazos Ave
    Hobbs,NM88240     		None I 2020 Laptop Computer Recipient 1,913
    Kunal Mankad5001 N Carriage Rd
    Hobbs,NM88242     		None I 2017 Maddox Scholar 4,956
    Makayla Franco1309 W Tyler
    Lovington,NM88260     		None I 2017 Distinguished Scholar 67,719
    Markus Benavidez419 W Cielo Dr
    Hobbs,NM88240     		None I 2017 Maddox Scholar 668
    Nathanyel Kenneth Rodriguez4145 N Apodaca St
    Hobbs,NM88240     		None I 2019 Maddox Scholar 4,413
    Samuel Martinez128 W Scott Pl
    Hobbs,NM88240     		None I 2020 Laptop Computer Recipient 1,913
    Shaye Elizabeth Smith20 Broadmoor Park
    Hobbs,NM88240     		None I 2017 Maddox Scholar 5,000
    Troy Anthony White934 E Gold Ave
    Hobbs,NM88240     		None I 2019 Distinguished Scholar 28,147
    William Evan Gray8823 N Bensing Rd
    Hobbs,NM88242     		None I 2018 Maddox Scholar 5,000
    Total ...............................bullet 3a 2,927,990
    bApproved for future payment
    Community Players of HobbsPO Box 2153
    Hobbs,NM882412153     		NONE PC Summer Workshop 15,950
    City of Lovington214 S Love
    Lovington,NM88260     		NONE GOV Cinco de Mayo 12,500
    Lovington Mainstreet CorporationPO Box 1418
    Lovington,NM88260     		NONE PC Live on Love Street 2020-2021 25,000
    New Mexico Junior College5317 N Lovington Hwy
    Hobbs,NM882409121     		NONE GOV Western Heritage Museum Exhibits 164,000
    New Mexico Museum of Natural History1801 Mountain Rd NW
    Albuquerque,NM87104     		NONE PC Virtual Field Trips 5,000
    Southwest SymphonyPO Box 101
    Hobbs,NM88241     		NONE PC Concert Season 2020-2021 50,000
    United Way of Lea County Inc Hobbs NMPO Box 1834
    Hobbs,NM882411834     		NONE PC Campaign Support 2021-2023 1,143,324
    United Way of Lea County Inc Hobbs NMPO Box 1834
    Hobbs,NM882411834     		NONE PC Matching Campaign 2023 200,000
    Total ................................bullet 3b 1,615,774

    TY 2020 AccountingFeesSchedule
    Name:
    JF Maddox Foundation
    EIN:
    75-6023767
    Software ID:
    20011424
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Audit and tax compliance services 60,565 43,549 0 14,516

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    JF Maddox Foundation
    EIN:
    75-6023767
    Software ID:
    20011424
    Software Version:
    2020v4.0
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    Automobiles   203,911 67,846 SL 5.0 35,717      
    Office equipment & furniture   306,018 189,162 SL 3.0 29,144 19,125    
    Leasehold improvements   285,457 194,968 SL 15.0 11,639      

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    JF Maddox Foundation
    EIN:
    75-6023767
    Software ID:
    20011424
    Software Version:
    2020v4.0
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    GAIN/(LOSS) FROM PASS-THROUGH ENTITIES         12,092,361 0     12,092,361  

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    JF Maddox Foundation
    EIN:
    75-6023767
    Software ID:
    20011424
    Software Version:
    2020v4.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Publicly Traded Securities 56,522,762 73,399,697

    TY 2020 InvestmentsOtherSchedule2
    Name:
    JF Maddox Foundation
    EIN:
    75-6023767
    Software ID:
    20011424
    Software Version:
    2020v4.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Investment Receivables FMV 464,001 464,001
    Alternative Investments FMV 158,212,874 180,654,144

    TY 2020 LandEtcSchedule2
    Name:
    JF Maddox Foundation
    EIN:
    75-6023767
    Software ID:
    20011424
    Software Version:
    2020v4.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    AUTOMOBILES 203,911 103,563 100,348 100,348
    EQUIPMENT & FURNITURE 306,017 218,305 87,712 87,712
    LEASEHOLD IMPROVEMENTS 285,457 206,608 78,849 78,849


    TY 2020 LegalFeesSchedule
    Name:
    JF Maddox Foundation
    EIN:
    75-6023767
    Software ID:
    20011424
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General legal services 12,919 3,053 0 9,866


    TY 2020 OtherAssetsSchedule
    Name:
    JF Maddox Foundation
    EIN:
    75-6023767
    Software ID:
    20011424
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Program-related investment - NMCC 93,194 68,099 38,745
    Program-related loans 12,305,085 12,305,085 12,305,085


    TY 2020 OtherExpensesSchedule
    Name:
    JF Maddox Foundation
    EIN:
    75-6023767
    Software ID:
    20011424
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUTO EXPENSE 14,187 1,820   12,367
    DUES 21,133 609   19,532
    GRANT ADMINISTRATION EXPENSE 126,853     126,853
    RECRUITMENT EXPENSE 6,158 1,539   4,618
    INSURANCE 7,055 1,764   5,291
    LICENSES & FEES 1,948 1,294   654
    MAINTENANCE AGREEMENTS 85,328 15,395   69,933
    MISCELLANEOUS EXPENSE 1,256 300   956
    OFFICE EXPENSE 29,462 7,312   22,150
    PENALTIES 23      
    POSTAGE 5,244 626   4,618
    PASS-THROUGH INTEREST EXPENSE 89,406 79,990   3,993
    REPAIRS & MAINTENANCE 107 27   80
    TRAINING 2,605 389   2,216
    PROGRAM RELATED INVESTMENT EXPENSE 1,244 1,244    
    OTHER PASS-THROUGH INVESTMENT EXPENSES 3,343,231 3,116,464    


    TY 2020 OtherIncomeSchedule2
    Name:
    JF Maddox Foundation
    EIN:
    75-6023767
    Software ID:
    20011424
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME FROM PASS-THROUGH INVESTMENTS 2,441,384 2,246,910 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    JF Maddox Foundation
    EIN:
    75-6023767
    Software ID:
    20011424
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 387,456 28,483   358,973
    INVESTMENT FEES 352,585 352,585   0


    TY 2020 TaxesSchedule
    Name:
    JF Maddox Foundation
    EIN:
    75-6023767
    Software ID:
    20011424
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Tax from pass through 105,917 38,562 0 0
    Federal Taxes Paid 83,500 0 0 0