The Veteto Foundation | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like The Veteto Foundation. Data shown is extracted from Form 990-PF filings.

EIN: 20-5181651

Foundation Overview

Based in Hobbs, NM, The Veteto Foundation has awarded 124 grants totaling $453,000 to organizations in New Mexico and Texas. Individual grants range from $500 to $10,000, with a median award of $5,000.

Latest Tax Year
2024
Total Giving (all years)
$453,000
Total Assets
$15,956
Median Grant (all grants)
$5,000

Latest Form 990-PF Snapshot

Total Grants
8
Median Grant
$5,000
% No Significant Change
0% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: February 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Growth-Minded: 63%

5 of 8 recipients (63%) were new grantees. Foundation actively seeks new partnerships to expand impact. Fresh approaches and innovative programs receive serious consideration.

Geographic Focus
New Mexico

94% of all grants are concentrated in New Mexico, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within New Mexico, funding concentrates in Hobbs (97%), Lovington (2%), Albuquerque (1%).

Funding Trajectory
-33%

Declining funding trend with 33% decrease over 8 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
General Purposes + 3 others

Diversified giving across multiple program areas with primary emphasis on general purposes (39%). This broad approach suggests openness to various causes and innovative cross-sector solutions.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into The Veteto Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Marsha Campbell $5,000 Monument, NM, US Promotion Of Education 2024
Bertha Espinoza $5,000 Seminole, TX, US Promotion Of Education 2024
Lisa Parker $5,000 Hobbs, NM, US Promotion Of Education 2024
Mypower $1,000 Hobbs, NM, US Promotion Of Education 2024
Palmer Drug Abuse Program $5,000 Hobbs, NM, US Drug Abuse Counseling 2024
Adela Prieto $5,000 Hobbs, NM, US Promotion Of Education 2024
Southwest Symphony Inc $3,000 Hobbs, NM, US Promotion Of Education 2024
Amparo Reynosa $5,000 Hobbs, NM, US Promotion Of Education 2024
Palmer Drug Abuse Program $5,000 Hobbs, NM, US Drug Abuse Counseling 2023
Southwest Symphony Inc $3,000 Hobbs, NM, US Promotion Of Education 2023
University Of North Texas $2,500 Denton, TX, US Promotion Of Education 2023
Mypower $1,000 Hobbs, NM, US Promotion Of Education 2023
Hayley Armstrong $5,000 Hobbs, NM, US Promotion Of Education 2023
Dora K Davis $5,000 Hobbs, NM, US Promotion Of Education 2023
Tiffany R Labreck $5,000 Hobbs, NM, US Promotion Of Education 2023
Jose L Mares $5,000 Hobbs, NM, US Promotion Of Education 2023
Roxanna Dee Sanchez $5,000 Hobbs, NM, US Promotion Of Education 2023
Palmer Drug Abuse Program $5,000 Hobbs, NM, US Drug Abuse Counseling 2023
Southwest Symphony Inc $3,000 Hobbs, NM, US Promotion Of Education 2023
University Of North Texas $2,500 Denton, TX, US Promotion Of Education 2023
Mypower $1,000 Hobbs, NM, US Promotion Of Education 2023
Hayley Armstrong $5,000 Hobbs, NM, US Promotion Of Education 2023
Dora K Davis $5,000 Hobbs, NM, US Promotion Of Education 2023
Tiffany R Labreck $5,000 Hobbs, NM, US Promotion Of Education 2023
Jose L Mares $5,000 Hobbs, NM, US Promotion Of Education 2023
Roxanna Dee Sanchez $5,000 Hobbs, NM, US Promotion Of Education 2023
Eva M Astorga $5,000 Hobbs, NM, US Promotion Of Education 2022
Manuel L Sanchez $5,000 Hobbs, NM, US Promotion Of Education 2022
Casa Of Lea County $1,000 Hobbs, NM, US Promotion Of Education 2022
Martha Youngblood $5,000 Hobbs, NM, US Promotion Of Education 2022
University Of North Texas $2,500 Denton, TX, US Promotion Of Education 2022
Mayra E Mendoza-castillo $5,000 Hobbs, NM, US Promotion Of Education 2022
Palmer Drug Abuse Program $5,000 Hobbs, NM, US Drug Abuse Counseling 2022
Southwest Symphony Inc $3,000 Hobbs, NM, US Promotion Of Education 2022
Pamalee L Acevedo $5,000 Hobbs, NM, US Promotion Of Education 2022
Hobbs High School Senior Bash $500 Hobbs, NM, US Promotion Of Education 2022
Eva M Astorga $5,000 Hobbs, NM, US Promotion Of Education 2022
Manuel L Sanchez $5,000 Hobbs, NM, US Promotion Of Education 2022
Casa Of Lea County $1,000 Hobbs, NM, US Promotion Of Education 2022
Martha Youngblood $5,000 Hobbs, NM, US Promotion Of Education 2022
University Of North Texas $2,500 Denton, TX, US Promotion Of Education 2022
Mayra E Mendoza-castillo $5,000 Hobbs, NM, US Promotion Of Education 2022
Palmer Drug Abuse Program $5,000 Hobbs, NM, US Drug Abuse Counseling 2022
Southwest Symphony Inc $3,000 Hobbs, NM, US Promotion Of Education 2022
Pamalee L Acevedo $5,000 Hobbs, NM, US Promotion Of Education 2022
Hobbs High School Senior Bash $500 Hobbs, NM, US Promotion Of Education 2022
Eva M Astorga $5,000 Hobbs, NM, US Promotion Of Education 2022
Manuel L Sanchez $5,000 Hobbs, NM, US Promotion Of Education 2022
Casa Of Lea County $1,000 Hobbs, NM, US Promotion Of Education 2022
Martha Youngblood $5,000 Hobbs, NM, US Promotion Of Education 2022
University Of North Texas $2,500 Denton, TX, US Promotion Of Education 2022
Mayra E Mendoza-castillo $5,000 Hobbs, NM, US Promotion Of Education 2022
Palmer Drug Abuse Program $5,000 Hobbs, NM, US Drug Abuse Counseling 2022
Southwest Symphony Inc $3,000 Hobbs, NM, US Promotion Of Education 2022
Pamalee L Acevedo $5,000 Hobbs, NM, US Promotion Of Education 2022
Hobbs High School Senior Bash $500 Hobbs, NM, US Promotion Of Education 2022
Palmer Drug Abuse Program $5,000 Hobbs, NM, US Drug Abuse Counseling 2021
Allison Wright $5,000 Hobbs, NM, US Promotion Of Education 2021
Marisol Forrister $5,000 Hobbs, NM, US Promotion Of Education 2021
Teather Rodirguez $5,000 Hobbs, NM, US Promotion Of Education 2021
Benjamin Travis Fisher $5,000 Hobbs, NM, US Promotion Of Education 2021
Kacee Breckel $5,000 Hobbs, NM, US Promotion Of Education 2021
Lea County Museum $500 Lovington, NM, US Promotion Of Education 2021
Casa Of Lea County $1,000 Hobbs, NM, US Promotion Of Education 2021
Southwest Symphony Inc $3,000 Hobbs, NM, US Promotion Of Education 2021
David Fierro $5,000 Hobbs, NM, US Promotion Of Education 2020
Erika Valdez-betsch $5,000 Hobbs, NM, US Promotion Of Education 2020
Irene Medrano $5,000 Hobbs, NM, US Promotion Of Education 2020
Ivan De La Riva $5,000 Hobbs, NM, US Promotion Of Education 2020
Krysta Felts $5,000 Hobbs, NM, US Promotion Of Education 2020
Tara Boydston $5,000 Seminole, TX, US Promotion Of Education 2020
Hhs Senior Bash $500 Hobbs, NM, US Support Drug And Alcohol Free 2020
Mypower $1,500 Hobbs, NM, US Promotion Of Education 2020
Palmer Drug Abuse Program $5,000 Hobbs, NM, US Drug Abuse Counseling 2020
Project 40 31 Inc $750 Hobbs, NM, US Support Ill Children And Adults 2020
Palmer Drug Abuse Program $5,000 Hobbs, NM, US Drug Abuse Counseling 2018
Southwest Symphony Inc $5,000 Hobbs, NM, US Promotion Of The Arts 2018
Hfhh $2,500 Hobbs, NM, US Habitat For Humanity 2018
Mypower $2,500 Hobbs, NM, US Promotion Of Education 2018
Seniors Standing Strong $1,000 Hobbs, NM, US Charity Sos Golf Tour 2018
Boys Girls Club $2,500 Hobbs, NM, US Promotion Of After School Programs 2018
Eagle Trust Foundation $2,000 Hobbs, NM, US Promotion Of Teachers 2018
University Of New Mexico Baseball $5,000 Albuquerque, NM, US Promotion Of Unm Baseball 2018
Stone Pie $500 Hobbs, NM, US Promotion Of Education - Elementary 2018
Casa Of Lea County $1,000 Hobbs, NM, US Child Advocates 2018
Lea County Museum $500 Lovington, NM, US Promotion Of Education 2018
Amazing Grace Pet Rescue $2,500 Hobbs, NM, US Animal Care 2018
Betsy Ray $5,000 Hobbs, NM, US Promotion Of Education 2018
Connie Molinar $5,000 Hobbs, NM, US Promotion Of Education 2018
Maria Lee $5,000 Hobbs, NM, US Promotion Of Education 2018
Natalie Trujillo $5,000 Hobbs, NM, US Promotion Of Education 2018
Rebecca Zapeda $5,000 Hobbs, NM, US Promotion Of Education 2018
Palmer Drug Abuse Program $5,000 Hobbs, NM, US Drug Abuse Counseling 2017
Center For The Arts $1,000 Hobbs, NM, US Promoting Education Of The Arts 2017
Southwest Symphony Inc $5,000 Hobbs, NM, US Promotion Of The Arts 2017
Hfhh $2,500 Hobbs, NM, US Habitat For Humanity 2017
Casa Of Lea County $1,000 Hobbs, NM, US Child Advocates 2017
Christina Baldwin $5,000 Hobbs, NM, US Promotion Of Education 2017
Lisa Fields $5,000 Hobbs, NM, US Promotion Of Education 2017
John Mcmillan $5,000 Hobbs, NM, US Promotion Of Education 2017
Deb Mitchell $5,000 Hobbs, NM, US Promotion Of Educaton 2017
Patricia Wright $5,000 Hobbs, NM, US Promotion Of Education 2017
Community Drug Coalition Of Lea Co $500 Hobbs, NM, US Drug Counseling 2017
Mypower $4,000 Hobbs, NM, US Promotion Of Education 2017
Project 40 31 Inc $2,500 Hobbs, NM, US Philanthrophy 2017
Sacramento Methodist Assembly $10,000 Hobbs, NM, US Promotion Of Spiritual Health 2017
Seniors Standing Stron $750 Hobbs, NM, US Charity Sos Golf Tour 2017
Palmer Drug Abuse Program $5,000 Hobbs, NM, US Drug Abuse Counseling 2016
Boys Girls Club Of Hobbs $2,500 Hobbs, NM, US Community Development 2016
Center For The Arts $2,000 Hobbs, NM, US Promoting Education Of The Arts 2016
Southwest Symphony Inc $5,000 Hobbs, NM, US Promotion Of The Arts 2016
Catherine Brijalba $5,000 Hobbs, NM, US Promotion Of Education 2016
Judith Jaquez $5,000 Hobbs, NM, US Promotion Of Education 2016
Kelly Mckay $5,000 Hobbs, NM, US Promotion Of Education 2016
Skye Wilson $5,000 Hobbs, NM, US Promotion Of Education 2016
Frank Estala $5,000 Hobbs, NM, US Promotion Of Education 2016
Eagle Trust Foundation $1,500 Hobbs, NM, US Promotion Of Education 2016
Hfhh $2,500 Hobbs, NM, US Habitat For Humanity 2016
Hhs Senior Bash $500 Hobbs, NM, US Promotion For Education 2016
Hobbs Skills Usa $1,000 Hobbs, NM, US Promotion For Education 2016
University Of The Southwest $500 Hobbs, NM, US Promotion For Education 2016
Western Heritage Musuem $1,500 Hobbs, NM, US Promotion For Education 2016
Casa Of Lea County $1,000 Hobbs, NM, US Child Advocates 2016
Amazing Grace Pet Rescue $2,500 Hobbs, NM, US Promotion Of Animal Welfare 2016

Foundations Similar to The Veteto Foundation

Discover 5 foundations with comparable assets ($8,443-$18,659), similar grant patterns, and geographic focus in NM that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 46-4028030 | 21 grants awarded
$18,567
(≈ Similar)
$4,000
median grant
Santa Fe, NM
Same state
92%
Excellent match

EIN: 26-4599329 | 5 grants awarded
$18,659
(≈ Similar)
$10,000
median grant
Aztec, NM
Same state
92%
Excellent match

EIN: 86-1378498 | 34 grants awarded
$12,125
(↓ Smaller)
$6,125
median grant
Albuquerque, NM
Same state
88%
Excellent match

EIN: 46-5537805 | 1 grants awarded
$12,006
(↓ Smaller)
$4,426
median grant
Raton, NM
Same state
88%
Excellent match

EIN: 88-0823464 | 10 grants awarded
$8,443
(↓ Smaller)
$9,284
median grant
Albuquerque, NM
Same state
76%
Good match

Contact Information

Official contact details for The Veteto Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 20-5181651
Website http://www.vetetofoundation.com
Address 119 E BENDER BLVD Hobbs, NM 88240-2333

Key People (8)

Board members, trustees, and key staff who oversee The Veteto Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

President Mark Veteto
Secretary/di Mark Veteto
Treasurer Mark Veteto
Director Scotty Holloman
Director Janey Roan

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for The Veteto Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated February 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.