Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
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 right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$268,711,508J 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 right arrow.............
3 Interest on savings and temporary cash investments 78,031 78,031  
4 Dividends and interest from securities... 1,506,566 1,506,566  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
8,161,759
b Gross sales price for all assets on line 6a 8,161,759
7 Capital gain net income (from Part IV, line 2)... 7,627,400
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
6,329,941 5,777,896 0
12 Total. Add lines 1 through 11........ 16,076,297 14,989,893 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,148,138 319,597 0 815,606
14 Other employee salaries and wages...... 480,485 54,086 0 424,210
15 Pension plans, employee benefits....... 385,779 92,694 0 289,334
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
14,312 3,553 0 10,615
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
81,134 70,318 0 10,816
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
783,268 365,400 0 413,298
17 Interest............... 4 0 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
713,667 11,667 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
56,885 14,221 0
20 Occupancy.............. 144,596 33,736   109,490
21 Travel, conferences, and meetings....... 180,584 26,110   147,304
22 Printing and publications.......... 9,696 4,607   4,903
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,509,559 2,521,197 0 606,375
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,508,107 3,517,186 0 2,831,951
25 Contributions, gifts, grants paid....... 9,890,185 9,890,185
26 Total expenses and disbursements. Add lines 24 and 25 17,398,292 3,517,186 0 12,722,136
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,321,995
b Net investment income (if negative, enter -0-) 11,472,707
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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......... 10,387,471 9,261,129 9,261,129
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow   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) right arrow0
Less: allowance for doubtful accounts right arrow0 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)....... 71,511,323 Click to see attachment
List of Attached Documents:
// Content
71,863,584 		80,736,547
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 159,756,972 Click to see attachment
List of Attached Documents:
// Content
159,209,701 		165,834,609
14 Land, buildings, and equipment: basis right arrow663,621
Less: accumulated depreciation (attach schedule) right arrow473,239 205,311 Click to see attachment
List of Attached Documents:
// Content
190,382 		190,382
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
12,673,184 		Click to see attachment
List of Attached Documents:
// Content
12,673,184 		Click to see attachment
List of Attached Documents:
// Content
12,688,841
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 254,534,261 253,197,980 268,711,508
Liabilities 17 Accounts payable and accrued expenses.......... 14,714 428
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 14,714 428
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 254,519,547 253,197,552
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
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)..... 254,519,547 253,197,552
30 Total liabilities and net assets/fund balances (see instructions). 254,534,261 253,197,980
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
254,519,547
2
Enter amount from Part I, line 27a .....................
2
-1,321,995
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
253,197,552
5
Decreases not included in line 2 (itemize) right arrow
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
253,197,552
Form 990-PF (2022)
Form 990-PF (2022)
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
d
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 4,428,317 0 0 4,428,317
b 3,199,083     3,199,083
c
d
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 4,428,317
b     0 3,199,083
c
d
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 7,627,400
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
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
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 right arrow 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) 1 159,471
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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........................... 3 159,471
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- ..... 5 159,471
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 315,503
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 315,503
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. Click to see attachment
List of Attached Documents:
// Content
8 269
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 155,763
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow155,763 Refundedright arrow 11 0
Part VI-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. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowCA, 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, 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 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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 (2022)
Form 990-PF (2022)
Page 5
Part VI-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 addressright arrowwww.jfmaddox.org
14
The books are in care ofright arrowKyle Shepard Telephone no.right arrow (575) 393-6338

Located atright arrowPO Box 2588HobbsNM ZIP+4right arrow88240
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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 right arrow
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2022? .............
1d
 
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
Kyle Shepard CFO & Vice President - Finance / Treasurer
40.000 		183,396 39,363 0
PO BOX 2588
HOBBS,NM882412588
David Reed COO/Secretary
40.000 		126,445 41,785 0
PO Box 2588
Hobbs,NM882412588
Mayra Lovas Vice President - Grant
40.000 		116,686 0 0
PO BOX 2588
HOBBS,NM882412588
RAY CARAWAY CEO/Secretary (Thru 8/31/2022)
40.000 		238,570 62,417 0
PO Box 2588
Hobbs,NM882412588
Ann M Utterback Director
20.000 		64,808 0 0
PO Box 2588
Hobbs,NM882412588
Benjamin W Maddox Director
5.000 		55,625 0 0
PO Box 2588
Hobbs,NM882412588
Catherine M Maddox Director
4.000 		58,505 0 0
PO Box 2588
Hobbs,NM882412588
Elaine B Agather Director
6.000 		39,334 0 0
PO Box 2588
Hobbs,NM882412588
James M Maddox General Counsel / Director
40.000 		142,200 22,593 0
PO Box 2588
Hobbs,NM882412588
John L Maddox Director
6.000 		52,505 0 0
PO Box 2588
Hobbs,NM882412588
Paul Campbell Director
6.000 		52,140 0 0
PO Box 2588
Hobbs,NM882412588
Thomas M Maddox Director
7.000 		35,505 0 0
PO Box 2588
Hobbs,NM882412588
TJ Parks Interim CEO as of 9/1/2022
40.000 		102,617 4,517 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
Hilda Aldrete Exec. Assistant
40.000 		64,656 23,136 0
PO Box 2588
Hobbs,NM882412588
Sarah Anderson Grants Administrator
40.000 		75,156 18,849 0
PO Box 2588
Hobbs,NM882412588
Carol A Crossland Program Associate
40.000 		65,097 21,856 0
PO Box 2588
Hobbs,NM882412588
Kawin J Nunnery Program Associate
40.000 		58,527 28,487 0
PO Box 2588
Hobbs,NM882412588
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 7
Part VII
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
Vaughan Nelson Investment Management LP Investment management 122,753
600 Travis
Ste 6300
Houston,TX770023071
Smarter Learning Group Education consultant 88,737
1796 Brookshire Court
Finksberg,MD21048
Fund Evaluation Group LLC Investment consultant 67,083
201 E Fifth St
Ste 1600
Cincinnati,OH45202
CSR Communications LLC Professional Consultant 62,501
574 Ritchie Hwy Ste F-169
Severna Park,MD21146
Cooke & Bieler LP Investment management 58,201
1700 Market Street
Ste 3222
Philadelphia,PA19103
Total number of others receiving over $50,000 for professional services.............right arrow2
Part VIII-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 and administration of Jack Maddox Distinguished Lecture Series (DLS). Refer to website at www.jfmaddox.org 360,602
2 Management & administration of Jack Maddox Distinguished Scholarship Program. Refer to website at www.jfmaddox.org 310,644
3 The Lea County Early Learning and Recovery Coalition brought together local stakeholders who convene to develop a community solutions action plan for Lea County, New Mexico to make meaningful strides to reduce learning loss resulting from the COVID-19 pandemic, improve literacy rates, and provide an asset-based safe environment for Lea County Students. 88,737
4 Community Development Partnering with community development consultants, assessments were conducted in a couple of major areas throughout Lea County - social service needs and landscape design. To develop anticipated or emerging opportunities to enhance community resources and develop action plans the social service needs assessment was conducted in each Lea County community. Communities across the country understand that along with meeting social service needs quality public landscapes reflect a community's sense of value and civic pride. The landscape design assessment highlighted beatification areas and ways to improve current landscaping in Hobbs resulting in the development of a conceptual design. 64,665
Part VIII-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.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
Page 8
Part IX
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
85,692,624
b
Average of monthly cash balances.......................
1b
7,651,824
c
Fair market value of all other assets (see instructions)................
1c
172,129,972
d
Total (add lines 1a, b, and c).........................
1d
265,474,420
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
265,474,420
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,982,116
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
261,492,304
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
13,074,615
Part X
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 IX, line 6..................
1
13,074,615
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
159,471
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
91,300
c
Add lines 2a and 2b............................
2c
250,771
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
12,823,844
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
12,823,844
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
12,823,844
Part XI
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
12,722,136
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
31,467
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 XII, line 4. .......
4
12,753,603
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 12,823,844
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:2020, 2019, 2018 0
3 Excess distributions carryover, if any, to 2022:
a From 2017...... 0
b From 2018...... 278,922
c From 2019...... 649,586
d From 2020...... 0
e From 2021...... 0
f Total of lines 3a through e ........ 928,508
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 12,753,603
a Applied to 2021, 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 2022 distributable amount..... 12,753,603
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022. 0 0
(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 5 928,508
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		70,241
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 2017 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		928,508
10 Analysis of line 9:
a Excess from 2018.... 278,922
b Excess from 2019.... 649,586
c Excess from 2020.... 0
d Excess from 2021.... 0
e Excess from 2022.... 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2022, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Sarah Anderson
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 junior 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 (2022)
Form 990-PF (2022)
Page 11
Part XIV
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

Haverhill Foundation for Excellence in Education Inc

PO Box 1864
Haverhill,MA01831 		N/A PC Haverhill Promise 4,000

National Organization for Rare Disorders Inc

Dept 5930 PO Box 4110
Woburn,MA01888 		N/A PC General Operating Support - Honor of Julia Mooney 12,000

Essex County Community Foundation

175 Andover St Ste 101
Danvers,MA01923 		N/A PC Haverhill Promise Fund for Grade Level Reading 100,000

Massachusetts Institute of Technology

PO Box 412926
Boston,MA02241 		N/A PC The Educational Justice Initiative (TEJI) 4,000

Save the Children Federation Inc

501 Kings Hwy E Ste 400
Fairfield,CT06825 		N/A PC General Operating Support 3,000

Foundations Inc

701 E Gate Dr Ste 300
Mount Laurel,NJ08054 		N/A PC Campaign for Grade Level Reading 2021 - 2022 75,000

Robin Hood Foundation

826 Broadway 9th Floor
New York,NY10003 		N/A PC General Operating Support 12,000

Children's Tumor Foundation

697 Third Ave Ste 418
New York,NY10017 		N/A PC Children's Tumor Foundation - Cupid's Undie Run 1,000

Barbershop Books

57 W 57th St
New York,NY10019 		N/A PC General Operating Support 2,500

Leukemia & Lymphoma Society

PO Box 22324
New York,NY10087 		N/A PC Fundraising Campaign 1,000

American Heart Association

122 E 42nd St 18th Floor
New York,NY10168 		N/A PC Combat Hypertension in Lea County 50,000

Waterside Children's Studio School

190 Beach 110th St
Queens,NY11694 		N/A PC Equity & Access for All - Honor of Rachel Rothman-Perkins 12,000

Uplifting Athletes Inc

PO Box 574
Doylestown,PA18901 		N/A PC Clemson Football Uplifting Athletes - Lift for Life Event 1,000

Uplifting Athletes Inc

PO Box 574
Doylestown,PA18901 		N/A PC General Operating Support 1,000

Reading Allowed

275 S 19th St Ste 600
Philadelphia,PA19103 		N/A PC General Operating Support 3,000

Children's Literacy Initiative

990 Spring Garden St 4th Floor Ste
Philadelphia,PA19123 		N/A PC General Operating Support 3,000

Justice Defenders

2093 Philadelphia Pike 6214
Claymont,DE19703 		N/A PC General Operating Support 10,000

Children's Defense Fund

840 First St NE Ste 300
Washington,DC20002 		N/A PC General Operating Support 3,000

American College of Trust and Estate Counsel Foundation Inc

901 15th St NW Ste 525
Washington,DC20005 		N/A PC Spring Fundraising Drive 1,500

American Rivers Inc

1101 14th St NW Ste 1400
Washington,DC20005 		N/A PC General Operating Support 2,000

American College of Cardiology Foundation

2400 N St NW Heart House
Washington,DC20037 		N/A PC ACCF's Rural Cardiovascular Care Efforts 150,000

Charity Water

PO Box 5026
Hagerstown,MD21741 		N/A PC General Operating Support 100,000

Salem Academy and College

601 S Church St
WinstonSalem,NC27101 		N/A PC General Operating Support 5,000

Salem Academy and College

601 S Church St
WinstonSalem,NC27101 		N/A PC Internships 1,500

Salem Academy and College

601 S Church St
WinstonSalem,NC27101 		N/A PC Maddox Excellence Fund 12,000

Salem Academy and College

601 S Church St
WinstonSalem,NC27101 		N/A PC Susan Leigh Maddox Scholarship 10,000

Salem Academy and College

601 S Church St
WinstonSalem,NC27101 		N/A PC Susan Leigh Maddox Science and Math Equipment 1,500

Holy Angels Inc

6600 W Wilkinson Blvd
Belmont,NC28012 		N/A PC General Operating Support 500

Holy Angels Inc

6600 W Wilkinson Blvd
Belmont,NC28012 		N/A PC General Operating Support - Memory of Frankie Smith 3,000

Covenant Village Inc

1351 Robinwood Rd
Gastonia,NC28054 		N/A PC General Operating Support 30,000

FeedNC

PO Box 5173
Mooresville,NC28117 		N/A PC General Operating Support 12,000

Susan G Komen Breast Cancer Foundation

2316 Randolph Rd
Charlotte,NC28207 		N/A PC General Operating Support 2,500

Freedom Communities

3501 Tuskegee Rd
Charlotte,NC28208 		N/A PC General Operating Support - Honor of Jessica Walker 12,000

United Way of Pickens County

PO Box 96
Easley,SC29641 		N/A PC Camp Irock 8,000

American Cancer Society Inc

250 Williams St
Atlanta,GA30303 		N/A PC American Cancer Society Hope Lodge - Lubbock 50,000

American Cancer Society Inc

250 Williams St
Atlanta,GA30303 		N/A PC General Operating Support 3,000

Equal Justice Initiative

122 Commerce St
Montgomery,AL36104 		N/A PC General Operating Support 5,000

McCallie School Inc

500 Dodds Ave
Chattanooga,TN37404 		N/A PC 1962 60th Class Reunion - Gift 10,000

McCallie School Inc

500 Dodds Ave
Chattanooga,TN37404 		N/A PC Sustaining Fund 5,000

Delta Gamma Foundation

3250 Riverside Dr
Columbus,OH43221 		N/A PC Service for Sight 5,000

Big Shoulders Fund

212 W Van Buren St Ste 900
Chicago,IL60607 		N/A PC General Operating Support - Honor of Meghan Hargrave 12,000

Golden Apple Foundation For Excellence In Teaching

901 W Jackson Blvd Ste 205
Chicago,IL60607 		N/A PC Addressing Shortage of Highly-Effective Teachers in NM 100,000

United Way of Greater St Louis Inc

910 N 11th St
St Louis,MO63101 		N/A PC General Operating Support 8,000

A Million Stars Inc

110 N Jefferson
St Louis,MO63103 		N/A PC General Operating Support 12,500

Friends of KWMU Inc

3651 Olive St
Saint Louis,MO63108 		N/A PC General Operating Support 5,000

New City School Inc

5209 Waterman Blvd
Saint Louis,MO63108 		N/A PC General Operating Support 5,000

Planned Parenthood of the St Louis Region and Southwest Missouri

4251 Forest Park Avenue
Saint Louis,MO63108 		N/A PC General Operating Support 5,000

YouthBridge Community Foundation

12977 N Forty Dr Ste 368
St Louis,MO63141 		N/A PC Turn the Page - St Louis 12,500

Kanza Society Inc High Plains Public Radio

210 N 7th St
Garden City,KS67846 		N/A PC General Operating Support 2,000

Fayetteville Wheelman Cycling Club

1251 E Shepherd Ln Apt 302
Fayetteville,AR72703 		N/A PC General Operating Support 1,625

New Heights Church

3011 N College Ave
Fayetteville,AR72703 		N/A PC General Operating Support 2,500

Saint Philips School and Community Center

1600 Pennsylvania Ave
Dallas,TX75215 		N/A PC General Operating Support 100,000

Texas 2036

3963 Maple Ave Ste 290
Dallas,TX75219 		N/A PC General Operating Support 50,000

ALS Association Texas Chapter

14555 Dallas Parkway Ste 100-219
Dallas,TX75254 		N/A PC General Operating Support - Honor of Mike Taylor 1,000

West Texas Counseling & Guidance

36 E Twohig Ave Cactus Hotel Ste 60
San Angelo,TX76903 		N/A PC Permian Basin Counseling & Guidance - Lea County 200,167

Puente A La Salud Comunitaria

1311-A East 6th St
Austin,TX78702 		N/A PC General Operating Support 3,000

Texas Youth Trapshooters Association

800 Baltimore
Hereford,TX79045 		N/A PC TTA Scholarship Fund 3,000

Downtown Women's Center

409 S Monroe St
Amarillo,TX79101 		N/A PC General Operating Support 2,000

Amarillo Habitat for Humanity

PO Box 755
Amarillo,TX79105 		N/A PC General Operating Support 2,000

Heal the City

PO Box 2556
Amarillo,TX79105 		N/A PC General Operating Support 5,000

Maverick Boys and Girls Club

1923 S Lincoln St
Amarillo,TX79109 		N/A PC General Operating Support 2,500

Daylan Flemmons

601 E Reppto Rd
Brownfield,TX79316 		N/A I 2018 Distinguished Scholar 51,577

Garza 4-H Shotgun Sports

2953 Fm 211
Post,TX79356 		N/A PC General Operating Support 2,000

Garza 4-H Shotgun Sports

2953 Fm 211
Post,TX79356 		N/A PC General Operating Support - Memory of Monk Palmer 2,250

Lubbock Symphony Orchestra

1313 Broadway Ste 2
Lubbock,TX79401 		N/A PC General Operating Support - Appreciation of David Cho 10,000

Covenant Health System Foundation

3623 22nd Place
Lubbock,TX79410 		N/A PC Covenant Children's School for Chronically Ill Children 25,000

Covenant Health System Foundation

3623 22nd Place
Lubbock,TX79410 		N/A PC Covenant Children's School for Chronically Ill Children - Renovations 150,000

Community Foundation of Abilene

PO Box 1001
Abilene,TX79604 		N/A PC West Texas Homeless Network - Honor of Katelyn Scott 12,000

The Bridge Church

3901 E Yukon Rd
Odessa,TX79765 		N/A PC General Operating Support - Honor of Bes Castleman's Life 1,000

Second Wind Fund Inc

303 E 17th Ave Ste 400
Denver,CO80203 		N/A PC General Operating Support - Honor of Jill Smith 12,000

Friends of the Yampa Inc

PO Box 771654
Steamboat Springs,CO80477 		N/A PC General Operating Support 2,000

Colorado Outdoor Education Center

PO Box 167
Florissant,CO80816 		N/A PC Sanborn Western Camps - Scholarship Program 15,000

American Diabetes Association Inc

16845 N 29TH Ave Ste 1-720
Phoenix,AZ85053 		N/A PC Camp 180 10,000

New Mexico First

320 Gold Ave SW Ste 300
Albuquerque,NM87102 		N/A PC Behavioral Health Town Hall in Lea County 2,500

Women's Economic Self-Sufficiency Team

609 Broadway Boulevard NE
Albuquerque,NM87102 		N/A PC General Operating Support 10,750

Sagebrush Community Church

6440 Coors Blvd NW
Albuquerque,NM87120 		N/A PC General Operating Support 2,500

University of New Mexico Foundation Inc

700 Lomas Blvd NE Ste 108
Albuquerque,NM87131 		N/A PC General Operating Support 10,000

University of New Mexico Foundation Inc

700 Lomas Blvd NE Ste 108
Albuquerque,NM87131 		N/A PC Health Equity Summit 2,500

Downtown Taos MainStreet

1236 Half Moon Rd
El Prado,NM87529 		N/A PC General Operating Support 5,000

Friends of Anansi Charter School

PO Box 1709
El Prado,NM87529 		N/A PC Friends of Anansi Ski Sport - Scholarships Program 2,000

Taos Avalanche Center

PO Box 267
El Prado,NM87529 		N/A PC General Operating Support 5,000

Paseo Project Inc

PO Box 1075
Taos,NM87571 		N/A PC General Operating Support 25,000

The Taos Community Foundation Inc

PO Box 1925
Taos,NM87571 		N/A PC General Operating Support 3,000

Melrose Youth Trap Club

1503 Sr 224
Melrose,NM88124 		N/A PC General Operating Support 2,000

Carlsbad Lifehouse Inc

PO Box 3141
Carlsbad,NM88221 		N/A PC Detoxification Program 50,000

Carla Gavilan Rodriguez

PO Box 463
Eunice,NM88231 		N/A I 2021 Maddox Scholar 4,606

Antoinette's Haven

1601 E Dunn St
Hobbs,NM88240 		N/A PC Small Equipment Purchase 2,500

CASA of Lea County

501 N Linam
Hobbs,NM88240 		N/A PC Emma's Closet 1,500

CASA of Lea County

501 N Linam
Hobbs,NM88240 		N/A PC General Operating Support 500

Child & Family Services Inc

950 E Snyder
Hobbs,NM88240 		N/A PC Imagination Library of Lea County 50,000

Choose Life Inc

700 N Dal Paso St
Hobbs,NM88240 		N/A PC General Operating Support 11,100

First United Methodist Church

200 E Snyder
Hobbs,NM88240 		N/A PC Missions 10,000

Gideons International Inc

c/o Walt Case 1900 N Fowler
Hobbs,NM88240 		N/A PC General Operating Support 2,500

Hobbs Lady Soccer Booster Club

1532 N Pennington Dr
Hobbs,NM88240 		N/A PC General Operating Support 6,100

Isaiah's Soup Kitchen

304 W Harden Blvd
Hobbs,NM88240 		N/A PC General Operating Support 4,100

Isaiah's Soup Kitchen

304 W Harden Blvd
Hobbs,NM88240 		N/A PC General Operating Support - Honor of Executive Director Rene Madron 50,000

Lea County Swimming and Diving

1100 E Rose Ln
Hobbs,NM88240 		N/A PC General Operating Support 10,000

New Mexico Junior College Foundation

5317 Lovington Hwy
Hobbs,NM88240 		N/A PC General Operating Support - Memory of Ray Birmingham Sr 1,000

One Love Worldwide

1223 El Caminito
Hobbs,NM88240 		N/A PC General Operating Support 14,000

Option Inc

200 N Dalmont
Hobbs,NM88240 		N/A PC General Operating Support 1,000

Option Inc

200 N Dalmont
Hobbs,NM88240 		N/A PC General Operating Support - Memory of Executive Director Dinora Guthrie 50,000

Phoenix House - Sexual Assault & Domestic Violence Resource Center

221 E Green Acres Dr
Hobbs,NM88240 		N/A PC General Operating Support 1,250

Phoenix House - Sexual Assault & Domestic Violence Resource Center

221 E Green Acres Dr
Hobbs,NM88240 		N/A PC Volunteer Training Conference 15,000

Project 40 31 Inc

122 W Taylor St
Hobbs,NM88240 		N/A PC General Operating Support 6,500

Saint Helena Catholic Church

100 E Bender Blvd
Hobbs,NM88240 		N/A PC Lighthouse Youth Center 5,000

Salvation Army Hobbs

820 S Fowler St
Hobbs,NM88240 		N/A PC Mobile Shower Unit and Client Choice Food Pantry - Improvements 72,000

Sheri's House of Hope Inc

800 N Turner
Hobbs,NM88240 		N/A PC General Operating Support 3,000

Southwest Stone Carving Association

1026 E Bender Blvd
Hobbs,NM88240 		N/A PC Southwest Stone Carving Association - Fall Workshop 7,150

United Way of Lea County Inc Hobbs NM

320 N Shipp Ste B
Hobbs,NM88240 		N/A PC 2022 - 2023 Campaign Support 412,822

United Way of Lea County Inc Hobbs NM

320 N Shipp Ste B
Hobbs,NM88240 		N/A PC Fifth Annual Tree Lighting Ceremony 35,919

United Way of Lea County Inc Hobbs NM

320 N Shipp Ste B
Hobbs,NM88240 		N/A PC Housing and Utility Assistance 50,000

United Way of Lea County Inc Hobbs NM

320 N Shipp Ste B
Hobbs,NM88240 		N/A PC Project Feeding Families 2,500

WHI Hobbs

4008 N Grimes St Box 275
Hobbs,NM88240 		N/A PC Heart of Lea County Fest - Aaron Watson Concert 37,270

Alexia Ruiz

401 S Elm St
Hobbs,NM88240 		N/A I 2022 Notebook Computer Recipient 2,105

Avree Lyn Arnold

936 E Jackson Rd
Hobbs,NM88240 		N/A I 2021 Maddox Scholar 4,606

Claire Alexa Newey

4816 W Hardtack
Hobbs,NM88240 		N/A I 2019 Maddox Scholar 6,666

Erin Hines

1413 W Paige Dr
Hobbs,NM88240 		N/A I 2018 Maddox Scholar 5,000

Hailey Bartee

2912 N Cliffwood Circle
Hobbs,NM88240 		N/A I 2022 Notebook Computer Recipient 2,105

Jay Nelson

115 W Silver
Hobbs,NM88240 		N/A I 2018 Maddox Scholar 1,986

Jonathon Ted Salgado

701 W Cielo Dr
Hobbs,NM88240 		N/A I 2020 Maddox Scholar 5,000

Kaira Payen

1314 E Cimarron Rd
Hobbs,NM88240 		N/A I 2018 Maddox Scholar 5,000

Madyson O'Brian

1325 E Highland Dr
Hobbs,NM88240 		N/A I 2022 Notebook Computer Recipient 2,106

Nathanyel Kenneth Rodriguez

4145 N Apodaca St
Hobbs,NM88240 		N/A I 2019 Maddox Scholar 5,000

Olivia Katherine Bova

1800 N Vega Dr
Hobbs,NM88240 		N/A I 2021 Maddox Scholar 4,671

Samuel Martinez

128 W Scott Pl
Hobbs,NM88240 		N/A I 2019 Maddox Scholar 3,254

Sara Rados

5001 Hardtack Rd
Hobbs,NM88240 		N/A I 2022 Notebook Computer Recipient 2,106

Shaye Elizabeth Smith

20 Broadmoor Park
Hobbs,NM88240 		N/A I 2017 Maddox Scholar 2,500

Shelly Judith Driskill

1102 W Cochiti Ave
Hobbs,NM88240 		N/A I 2020 Maddox Scholar 5,000

Troy Anthony White

934 E Gold Ave
Hobbs,NM88240 		N/A I 2019 Distinguished Scholar 51,739

Christian Center of Hobbs New Mexico

PO Box 2442
Hobbs,NM88241 		N/A PC General Operating Support 14,100

Cissy Food Ministry

PO Box 2394
Hobbs,NM88241 		N/A PC General Operating Support 13,200

Cissy Food Ministry

PO Box 2394
Hobbs,NM88241 		N/A PC Playground Improvements 20,000

Cissy Food Ministry

PO Box 2394
Hobbs,NM88241 		N/A PC Senior Christmas and Holiday Meal Boxes and Gifts 24,750

Friends of the Hobbs Public Library

PO Box 5041
Hobbs,NM88241 		N/A PC General Operating Support 1,000

Friends of the Hobbs Public Library

PO Box 5041
Hobbs,NM88241 		N/A PC General Operating Support - Memory of Sue Pate 500

Light of Lea County

PO Box 5035
Hobbs,NM88241 		N/A PC General Operating Support 3,700

MyPower Inc

PO Box 1756
Hobbs,NM88241 		N/A PC General Operating Support 41,750

Southwest Symphony

PO Box 101
Hobbs,NM88241 		N/A PC 2022-2023 Season 150,000

Southwest Symphony

PO Box 101
Hobbs,NM88241 		N/A PC General Operating Support 2,500

Southwest Symphony

PO Box 101
Hobbs,NM88241 		N/A PC General Operating Support - Memory of Joyce Walker 2,500

Cowboy Junction Church

9924 N Catchings
Hobbs,NM88242 		N/A PC Austin Rescue Church 4,000

Cowboy Junction Church

9924 N Catchings
Hobbs,NM88242 		N/A PC CJ Create Kids 3,700

Cowboy Junction Church

9924 N Catchings
Hobbs,NM88242 		N/A PC General Operating Support 6,000

Brevin Luke McCool

5129 N JaRob Ln
Hobbs,NM88242 		N/A I 2020 Distinguished Scholar 24,700

Daniel Verdeja

5700 W Mallard Lane
Hobbs,NM88242 		N/A I 2022 Laptop Computer Recipient 2,105

Jackson Driskill

2410 W College Lane
Hobbs,NM88242 		N/A I 2017 Maddox Scholar 2,500

Kunal Mankad

5001 N Carriage Rd
Hobbs,NM88242 		N/A I 2017 Maddox Scholar 2,500

Joel Herrera

PO Box 951
Jal,NM88252 		N/A I 2022 Notebook Computer Recipient 2,105

Stanton Richard

PO Box 187
Jal,NM88252 		N/A I 2022 Notebook Computer Recipient 2,106

City of Lovington

214 S Love
Lovington,NM88260 		N/A GOV Broadband Infrastructure 390,000

City of Lovington

214 S Love
Lovington,NM88260 		N/A GOV Cinco de Mayo 20,000

City of Lovington

214 S Love
Lovington,NM88260 		N/A GOV Runnels Softball Complex Renovations, Police Car Purchase, & City Training 280,000

Hearts Desire Inc

PO Box 121
Lovington,NM88260 		N/A PC General Operating Support 62,000

Hillcrest Baptist Church

220 W Ave I
Lovington,NM88260 		N/A PC Hillcrest Christian Academy 3,100

Lovington Church of the Nazarene

PO Box 715
Lovington,NM88260 		N/A PC General Operating Support 36,100

Lovington Mainstreet Corporation

PO Box 1418
Lovington,NM88260 		N/A PC Not Vacant Shindig 10,000

Lovington Mainstreet Corporation

PO Box 1418
Lovington,NM88260 		N/A PC Smokin' on the Plaza 45,000

Lovington Municipal Schools

18 W Washington
Lovington,NM88260 		N/A PC Key Club 8,000

Abigail Vega

1503 W Madison Ave
Lovington,NM88260 		N/A I 2022 Notebook Computer Recipient 2,105

Alexa Samantha Brito

715 W Polk Ave
Lovington,NM88260 		N/A I 2020 Maddox Scholar 1,609

Ava Sealy

2626 Six Shooter Rd
Lovington,NM88260 		N/A I 2022 Notebook Computer Recipient 2,105

Brooklyn Faith Arreola

3207 E Anderson Dr
Lovington,NM88260 		N/A I 2021 Distinguished Scholar 16,567

Hector Angel Rivera Jr

318 S 1st St
Lovington,NM88260 		N/A I 2019 Maddox Scholar 1,666

Makayla Franco

1309 W Tyler
Lovington,NM88260 		N/A I 2017 Distinguished Scholar 33,847

Tatum Municipal Schools

306 W 3rd St
Tatum,NM88267 		N/A PC Fabian Ramirez Program 4,900

Cynthia Anahi Palacios

PO Box 114
Tatum,NM88267 		N/A I 2020 Maddox Scholar 12,761

Kheyenne Coombes

PO Box 295
Tatum,NM88267 		N/A I 2022 Notebook Computer Recipient 2,106

Ranley Camron Krueger

PO Box 35
Tatum,NM88267 		N/A I 2022 Laptop Computer Recipient 2,106

Fcancer

9854 National Blvd 280
Los Angeles,CA90034 		N/A PC P.ink 2,500

Hidden Genius Project

2934 Telegraph Ave
Oakland,CA94609 		N/A PC General Operating Support 3,000

Haverhill Public Schools

4 Summer St
Haverhill,MA018305877 		N/A GOV Haverhill Promise 100,000

Hollins University Corporation

PO Box 9629
Roanoke,VA240201629 		N/A PC French Department 5,000

Hollins University Corporation

PO Box 9629
Roanoke,VA240201629 		N/A PC Hollins Fund 15,000

Wake Forest University

PO Box 7227
WinstonSalem,NC271097227 		N/A PC Law Fund 20,000

Wake Forest University

PO Box 7227
WinstonSalem,NC271097227 		N/A PC Maddox Law Scholarship Fund 13,000

Greensboro College

815 West Market St
Greensboro,NC274011875 		N/A PC General Operating Support 5,000

Darlington School

1014 Cave Spring Rd
Rome,GA301614700 		N/A PC General Operating Support 5,000

Delta Delta Delta Foundation

PO Box 2187
Columbus,GA319022187 		N/A PC General Operating Support 50,000

Tri-State Shooting Sports Foundation

PO Box 30064
Amarillo,TX791012442 		N/A PC General Operating Support 5,000

Albuquerque Academy

6400 Wyoming Blvd NE
Albuquerque,NM871093899 		N/A PC Annual Fund 3,125

Wholly Rags

Ranchos de Taos PO Box 1051
Taos,NM875571051 		N/A PC General Operating Support 5,000

Rocky Mountain Youth Corps

PO Box 1960
Ranchos de Taos,NM875571960 		N/A PC General Operating Support 30,000

Bridges Project for Education

PO Box 308
Taos,NM875710308 		N/A PC General Operating Support 15,000

New Mexico State University Foundation Inc

PO Box 3590
Las Cruces,NM880033590 		N/A PC Farm Safety Day 1,500

New Mexico Christian Children's Home

1356 NM 236
Portales,NM881309411 		N/A PC General Operating Support - Honor of Frances Utterback 12,000

The Carlsbad Association for Retarded Citizens Farm Inc

PO Drawer 1808
Carlsbad,NM882211808 		N/A PC General Operating Support - Memory of Gary Forrest 20,000

City of Hobbs

200 E Broadway
Hobbs,NM882408302 		N/A GOV Air Service Marketing 50,000

Boys Club of Hobbs Inc DBA Boys and Girls Club of Hobbs Inc

301 E Broadway
Hobbs,NM882408433 		N/A PC Adult Behind the Child Program 10,000

Boys Club of Hobbs Inc DBA Boys and Girls Club of Hobbs Inc

301 E Broadway
Hobbs,NM882408433 		N/A PC Adult Behind the Child Program - Memory of Dot McCormick 2,000

Boys Club of Hobbs Inc DBA Boys and Girls Club of Hobbs Inc

301 E Broadway
Hobbs,NM882408433 		N/A PC Special Project 5,000

Boys Club of Hobbs Inc DBA Boys and Girls Club of Hobbs Inc

301 E Broadway
Hobbs,NM882408433 		N/A PC Write it Out Loud 8,100

University of the Southwest

6610 N Lovington Hwy
Hobbs,NM882409120 		N/A PC General Operating Support 50,000

University of the Southwest

6610 N Lovington Hwy
Hobbs,NM882409120 		N/A PC USW Community Prayer Breakfast - Honor of Joan Tucker 500

University of the Southwest

6610 N Lovington Hwy
Hobbs,NM882409120 		N/A PC Virtual Reality Pilot Project 21,000

New Mexico Junior College

5317 N Lovington Hwy
Hobbs,NM882409121 		N/A GOV 2022-2023 Western Heritage Museum - Exhibits 64,228

Junior Service League of Hobbs Inc

PO Box 723
Hobbs,NM882410723 		N/A PC Spring Super Star Shoe Program 10,000

Guidance Center of Lea County Inc

PO Box 907
Hobbs,NM882410907 		N/A PC Housing Insecurity Relief Delegated Grant 15,207

Guidance Center of Lea County Inc

PO Box 907
Hobbs,NM882410907 		N/A PC General Operating Support - Honor of Executive Director Carrie Cooper 50,000

Hobbs Municipal Schools

PO Box 1030
Hobbs,NM882411030 		N/A GOV Career Technical Education School Construction (CTECH) 5,000,000

Hobbs Municipal Schools

PO Box 1030
Hobbs,NM882411030 		N/A GOV CTECH Site Visit - West Maricopa Education Center - Arizona 6,812

Hobbs Municipal Schools

PO Box 1030
Hobbs,NM882411030 		N/A GOV CTECH Site Visit - Cherry Creek Innovation Center - Colorado 5,229

Hobbs Municipal Schools

PO Box 1030
Hobbs,NM882411030 		N/A GOV Hobbs High School Band 12,600

Hobbs Municipal Schools

PO Box 1030
Hobbs,NM882411030 		N/A GOV Swim Meet Enhancements 23,500

Opportunity House Inc

PO Box 1924
Hobbs,NM882411924 		N/A PC General Operating Support 7,000

Community Players of Hobbs New Mexico Inc

PO Box 2153
Hobbs,NM882412153 		N/A PC LED Lighting 13,262

Community Players of Hobbs New Mexico Inc

PO Box 2153
Hobbs,NM882412153 		N/A PC Youth Performing Arts Workshop ~ Mary Poppins, Jr 15,000

Hobbs Jaycees Community Fund Inc

PO Box 2372
Hobbs,NM882412372 		N/A PC Hobbs August Nites 7,250

Palmer Drug Abuse Program of Lea County Inc

PO Box 5185
Hobbs,NM882415185 		N/A PC General Operating Support 12,600

Palmer Drug Abuse Program of Lea County Inc

PO Box 5185
Hobbs,NM882415185 		N/A PC General Operating Support - Memory of Alice Gallagher 2,000

Habitat for Humanity International Inc

PO Box 5833
Hobbs,NM882415833 		N/A PC General Operating Support 21,000

Habitat for Humanity International Inc

PO Box 5833
Hobbs,NM882415833 		N/A PC General Operating for ReStore 18,350

Habitat for Humanity International Inc

PO Box 5833
Hobbs,NM882415833 		N/A PC Women's Shelter Renovations 11,988

Jal Public Schools

PO Box 1386
Jal,NM882521386 		N/A GOV Covid-19 Response Teacher and Staff Appreciation 3,471

Lea County Museum Inc

103 S Love St
Lovington,NM882604218 		N/A PC General Operating Support - Honor of Executive Director Jim Harris 50,000

Sacramento Camp and Conference Center Inc

PO Box 8
Sacramento,NM883470008 		N/A PC Family Life Center - Honor of Paul and Sherry Campbell 25,000

Sacramento Camp and Conference Center Inc

PO Box 8
Sacramento,NM883470008 		N/A PC General Operating Support 125,000

Sacramento Camp and Conference Center Inc

PO Box 8
Sacramento,NM883470008 		N/A PC General Operating Support - Honor of Rev Roland McGregor 25,000
Total .................................right arrow 3a 9,889,940
bApproved for future payment

Eagle Trust Foundation
1515 E Sanger St
Hobbs,NM88240 		N/A PC CTECH Scholarships - Honor of Elaine Agather 60,000

First Tee of the Pecos Valley Inc
201 W 19th St
Roswell,NM88201 		N/A PC First Tee of SE NM - Equipment Purchase 9,240

Golden Apple Foundation for Excellance in Teaching
901 W Jackson Blvd Ste 205
Chicago,IL60607 		N/A PC Teacher Pipeline Preparation & Accelerator Program 500,000

Guidance Center of Lea County
PO Box 907
Hobbs,NM88240 		N/A PC Tiny House Village Site Visit 5,000

Habitat for Humanity International Inc - Hobbs NM
PO Box 5833
Hobbs,NM882415833 		N/A PC Women's Shelter Renovations - House of Hope 38,012

Hobbs City of
200 E Broadway
Hobbs,NM88240 		N/A GOV CORE Adaptive Sports Equipment 12,500

Junior Service League of Hobbs
PO Box 723
Hobbs,NM882410723 		N/A PC Spring Superstar Shoe Program 5,000

Lea Commission for the Arts Inc
122 W Broadway
Hobbs,NM88240 		N/A PC Readers Theater 18,000

Lovington City of
214 S Love
Lovington,NM88260 		N/A GOV Softball Complex Improvements, 3 Squad Cars, Training 20,000

Lovington Mainstreet Corporation
PO Box 1418
Lovington,NM88260 		N/A PC Not Vacant Shindig Events 32,000

New Mexico Junior College
5317 N Lovington Hwy
Hobbs,NM882409121 		N/A GOV NJCAA Outdoor Track & Field Championship 50,000

Southwest Stone Carving Association
1026 E Bender Blvd
Hobbs,NM88240 		N/A PC Fall Workshop 3,000
Total ................................. right arrow 3b 752,752
Form 990-PF (2022)
Form 990-PF (2022)
Page 12
Part XV-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 78,031  
4 Dividends and interest from securities ....     14 1,506,566  
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 ............ 		901101 534,359 18 7,627,400  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOther Interest 		    14 6  
bPARTNERSHIP INTEREST INCOME 901101 99 14 2,012,518  
cPARTNERSHIP EXEMPT INTEREST     14 26,292  
dPARTNERSHIP DIVIDEND INCOME 901101 1,355 14 643,209  
ePARTNERSHIP OTHER INCOME 901101 510,357 14 339,437  
fPARTNERSHIP PORTFOLIO INCOME 901101 13,942 14 2,782,940  
gOther Income     14 -214  
12 Subtotal. Add columns (b), (d), and (e) .. 1,060,112 15,016,185 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
16,076,297
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2022)
Form 990-PF (2022)
Page 13
Part XVI
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID: 22016089
Software Version: 2022v5.0


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
JF Maddox Foundation
EIN:
75-6023767
Software ID:
22016089
Software Version:
2022v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Audit and tax compliance services 81,134 70,318 0 10,816

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

TY 2022 DepreciationSchedule
Name:
JF Maddox Foundation
EIN:
75-6023767
Software ID:
22016089
Software Version:
2022v5.0
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   128,814 67,846 SL 5.0 16,384      
Office equipment & furniture   279,735 189,162 SL 3.0 32,512 14,221    
Leasehold improvements   285,457 194,968 SL 15.0 7,989      

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

TY 2022 GainLossSaleOtherAssetsSch
Name:
JF Maddox Foundation
EIN:
75-6023767
Software ID:
22016089
Software Version:
2022v5.0
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
ST GAIN/(LOSS) FROM PASS-THROUGH ENTITIES   P     229,286 0     229,286  
LT GAIN/(LOSS) FROM PASS-THROUGH ENTITIES   P     4,733,390       4,733,390  
ST GAIN/(LOSS) FROM SECURITIES   P       6,410     -6,410  
LT GAIN/(LOSS) FROM SECURITIES   P     3,205,493       3,205,493  

TY 2022 InvestmentsCorpStockSchedule
Name:
JF Maddox Foundation
EIN:
75-6023767
Software ID:
22016089
Software Version:
2022v5.0
Name of Stock End of Year Book Value End of Year Fair Market Value
Publicly Traded Securities 71,863,584 80,736,547

TY 2022 InvestmentsOtherSchedule2
Name:
JF Maddox Foundation
EIN:
75-6023767
Software ID:
22016089
Software Version:
2022v5.0
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Investment Receivables FMV 0 0
Alternative Investments FMV 159,209,701 165,834,609

TY 2022 LandEtcSchedule2
Name:
JF Maddox Foundation
EIN:
75-6023767
Software ID:
22016089
Software Version:
2022v5.0
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
AUTOMOBILES 81,919 44,086 37,833 37,833
EQUIPMENT & FURNITURE 296,245 206,413 89,832 89,833
LEASEHOLD IMPROVEMENTS 285,457 222,740 62,717 62,716


TY 2022 LegalFeesSchedule
Name:
JF Maddox Foundation
EIN:
75-6023767
Software ID:
22016089
Software Version:
2022v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
General legal services 14,312 3,553 0 10,615


TY 2022 OtherAssetsSchedule
Name:
JF Maddox Foundation
EIN:
75-6023767
Software ID:
22016089
Software Version:
2022v5.0
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Program-related investment - NMCC 68,099 68,099 83,756
Program-related loans 12,605,085 12,605,085 12,605,085


TY 2022 OtherExpensesSchedule
Name:
JF Maddox Foundation
EIN:
75-6023767
Software ID:
22016089
Software Version:
2022v5.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
AUTO EXPENSE 17,816 1,636 0 16,115
DUES 29,160 373 0 27,855
GRANT ADMINISTRATION EXPENSE 393,578 0 0 393,578
RECRUITMENT EXPENSE 365 351 0 0
INSURANCE 26,592 6,389 0 19,944
LICENSES & FEES 631 242 0 379
MAINTENANCE AGREEMENTS 97,637 19,275 0 80,040
MISCELLANEOUS EXPENSE 5,800 1,395 0 4,349
OFFICE EXPENSE 57,973 14,494 0 43,479
POSTAGE 5,188 928 0 4,221
PASS-THROUGH INTEREST EXPENSE 203,434 199,513 0 3,920
TRAINING 16,660 4,003 0 12,495
OTHER PASS-THROUGH INVESTMENT EXPENSES 2,654,641 2,272,598 0 0
Penalties 84 0 0 0


TY 2022 OtherIncomeSchedule2
Name:
JF Maddox Foundation
EIN:
75-6023767
Software ID:
22016089
Software Version:
2022v5.0
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME FROM PASS-THROUGH INVESTMENTS 6,329,941 5,777,896 0


TY 2022 OtherProfessionalFeesSchedule
Name:
JF Maddox Foundation
EIN:
75-6023767
Software ID:
22016089
Software Version:
2022v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 463,741 48,481 0 413,298
INVESTMENT FEES 319,527 316,919 0 0


TY 2022 TaxesSchedule
Name:
JF Maddox Foundation
EIN:
75-6023767
Software ID:
22016089
Software Version:
2022v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Tax from pass through 168,167 11,667 0 0
Federal Taxes Paid 545,500 0 0 0