Public Charity

UNIVERSITY OF THE SOUTHWEST FOUNDATION

Based in HOBBS, NM, UNIVERSITY OF THE SOUTHWEST FOUNDATION operates as a Public Charity. The organization reported $1.3M in revenue, $633K in expenses, $22.5M in total assets for fiscal year 2025. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $758K.

EIN: 237424724 HOBBS, NM Latest filing: 2025
Total Revenue$1.3M
Total Expenses$633K
Total Assets$22.5M
Grant Records6
Funding Total$758K
Filing Years2020–2025

Mission

TO SUPPORT THE MISSION AND OPERATIONS OF UNIVERSITY OF THE SOUTHWEST, A CHRIST-CENTERED EDUCATIONAL COMMUNITY DEDICATED TO DEVELOPING MEN AND WOMEN FOR A LIFETIME OF SERVANT LEADERSHIP BY EMPHASIZING FAITH, RESPONSIBILITY AND INITIATIVE.

Officers & Directors

TREASURER Dr Paula Smith
CEO Dr Ryan Tipton
VICE-CHAIR Larry Gandy
BOARD MEMBER Lee Roberson
BOARD MEMBER Lisa Hardison
CHAIR Michael Pearson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Endowment transfer
$400,000 1 grant
ENDOWMENT TRANSFER
$253,215 1 grant
General Support
$75,000 1 grant
EDUCATION
$20,000 1 grant
GENERAL SUPPORT
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.3M $633K $22.5M
2024 $3.1M $523K $20.4M
2023 $1.9M $367K $15.9M
2021 $1.2M $310K $12.9M
2020 $766K $275K $9.0M

Between 2020 and 2025, reported annual revenue grew from $766K to $1.3M (+65%), with total assets most recently reported at $22.5M.

Interactive year-over-year charts and full filing details available with membership.

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