GrantAuthority

New Mexico Junior College Foundation

Grantmaking foundation in Hobbs, New Mexico · EIN 23-7045300

Total giving
$580KTax year 2025
Total assets
$16MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

THE NEW MEXICO JUNIOR COLLEGE FOUNDATION IS A NON-PROFIT CORPORATION WHOSE MISSION IS TO FOSTER, ENCOURAGE AND PROMOTE COLLEGE EDUCATION (ACADEMIC, TECHNICAL, AND CAREER TECHNOLOGY) AT NEW MEXICO JUNIOR COLLEGE BY GIVING QUALIFIED PERSONS THE OPPORTUNITY TO OBTAIN ADVANCED EDUCATION BY MEANS OF FINANCIAL ASSISTANCE AND SCHOLARSHIPS; BY SOLICITING FUNDS FOR EDUCATIONAL, PHILANTHROPIC AND BENEVOLENT PURPOSES TO BE USED TO ENCOURAGE AND PROMOTE NEW MEXICO JUNIOR COLLEGE; AND BY ENCOURAGING THE EXPANSION OF FACILITIES AT THE COLLEGE THROUGH GRANTS AND ENDOWMENTS. NEW MEXICO JUNIOR COLLEGE FOUNDATION FOSTERS, ENCOURAGES, AND PROMOTES COLLEGE EDUCATION AT NEW MEXICO JUNIOR COLLEGE BY PROVIDING SCHOLARSHIPS TO STUDENTS ATTENDING NMJC. OVER THE PAST TWENTY-FOUR YEARS, THE FOUNDATION HAS PROVIDED OVER 2,392,952 IN SCHOLARSHIPS AND WORK STUDY. THE FOUNDATION ALSO SUPPORTS THE MISSION OF NEW MEXICO JUNIOR COLLEGE. OVER THE PAST TWENTY-FOUR YEARS, THE FOUNDATION HAS PROVIDED APPROXIMATELY 700,440

Quoted from the foundation's IRS filing.

Giving by year

$340K2020
$430K2021
$320K2022
$380K2023
$530K2024
$580K2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
New Mexico Junior College$93K2021

Amounts are rounded. The full grantee list is available with a free account.

Website: www.nmjc.edu

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Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.