Hb Foundation Inc | Foundation Profile

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

EIN: 86-1901735

Foundation Overview

Based in Las Cruces, NM, Hb Foundation Inc has awarded 20 grants totaling $93,516 to organizations in New Mexico. Individual grants range from $1,008 to $8,000, with a median award of $5,000.

Latest Tax Year
2023
Total Giving (all years)
$93,516
Total Assets
$342,569
Median Grant (all grants)
$5,000

Latest Form 990-PF Snapshot

Total Grants
8
Median Grant
$2,000
% Median Grant Decline
-64% (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
Emerging Foundation: 75%

6 of 8 recipients (75%) were new grantees. Recent establishment means most partnerships are naturally new. Pattern may not reflect long-term preferences.

Geographic Focus
New Mexico

100% 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 Las Cruces (65%), Albuquerque (20%), Corrales (15%).

Funding Trajectory
-42%

Declining funding trend with 42% decrease over 1 years may indicate reduced grant opportunities or shifting foundation priorities. This trajectory suggests more competitive application environment.

Program Areas
Community Projects + 2 others

Diversified giving across multiple program areas with primary emphasis on community projects (40%). 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 Hb Foundation Inc'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
Turning Point Of Las Cruces $8,000 Las Cruces, NM, US Pregnancy Support Services 2023
New Mexico Ramp $1,008 Albuquerque, NM, US Support Services 2023
New Horizons Symphony $2,000 Las Cruces, NM, US Mentoring 2023
New Mexico Ramp $2,000 Albuquerque, NM, US Support Services 2023
Turning Point Of Las Cruces $8,000 Las Cruces, NM, US Pregnancy Support Services 2023
New Mexico Ramp $1,008 Albuquerque, NM, US Support Services 2023
New Horizons Symphony $2,000 Las Cruces, NM, US Mentoring 2023
New Mexico Ramp $2,000 Albuquerque, NM, US Support Services 2023
Southern New Mexico Foster Adoption $5,000 Las Cruces, NM, US Foster Program 2022
Big Brothers Big Sisters $6,000 Las Cruces, NM, US Mentoring 2022
Turning Point Of Las Cruces $8,000 Las Cruces, NM, US Pregnancy Support Services 2022
Elias Trujillo $3,500 Corrales, NM, US Assistance For Medical Purposes 2022
Southern New Mexico Foster Adoption $5,000 Las Cruces, NM, US Foster Program 2022
Big Brothers Big Sisters $6,000 Las Cruces, NM, US Mentoring 2022
Turning Point Of Las Cruces $8,000 Las Cruces, NM, US Pregnancy Support Services 2022
Elias Trujillo $3,500 Corrales, NM, US Assistance For Medical Purposes 2022
Southern New Mexico Foster Adoption $5,000 Las Cruces, NM, US Foster Program 2022
Big Brothers Big Sisters $6,000 Las Cruces, NM, US Mentoring 2022
Turning Point Of Las Cruces $8,000 Las Cruces, NM, US Pregnancy Support Services 2022
Elias Trujillo $3,500 Corrales, NM, US Assistance For Medical Purposes 2022

Foundations Similar to Hb Foundation Inc

Discover 5 foundations with comparable assets ($317,858-$381,947), 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: 45-3796270 | 24 grants awarded
$332,504
(≈ Similar)
$5,000
median grant
Raton, NM
Same state
99%
Excellent match

EIN: 85-0346958 | 2 grants awarded
$329,215
(≈ Similar)
$7,500
median grant
El Prado, NM
Same state
98%
Excellent match

EIN: 86-3422348 | 56 grants awarded
$366,640
(≈ Similar)
$5,000
median grant
Albuquerque, NM
Same state
96%
Excellent match

EIN: 46-1279107 | 32 grants awarded
$317,858
(≈ Similar)
$5,000
median grant
Albuquerque, NM
Same state
96%
Excellent match

EIN: 47-1457735 | 39 grants awarded
$381,947
(≈ Similar)
$2,500
median grant
Santa Fe, NM
Same state
94%
Excellent match

Contact Information

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

EIN 86-1901735
Website N/A
Address

Key People (3)

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

President Joshua Hakes
Cfo Kimball Hakes
Director Christopher Hakes

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 Hb Foundation Inc 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.