Smith & Watson Foundation
Preselected recipients only
Smith & Watson Foundation is a private foundation in Hobbs, New Mexico. In tax year 2024 it gave $30,200 in 12 grants; the typical grant was $2,000 and the largest $6,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$30,200
- Number of grants12
- Typical grant$2,000
- Largest grant$6,000
- Assets$720,177
- New grantees8%
Giving in 2024 was up from $30,100 the year before.
8% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $30,100 | 13 | $670,270 |
| 2024 | $30,200 | 12 | $720,177 |
How to apply
Smith & Watson Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Smith & Watson Foundation funds
Where it gives
Its grants went to recipients in 2 states, the most to New Mexico.
| State | Grants | Amount |
|---|---|---|
| New Mexico | 11 | $25,200 |
| Texas | 1 | $5,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| University of the Southwest | General support | $6,000 |
| Palmer Drug Abuse Program | General support | $5,000 |
| Granbury Church of Christ | General support | $5,000 |
| My Power Inc | General support | $4,000 |
| Habitat for Humanity | General support | $3,000 |
| New Mexico Junior College Foundation | General support | $2,500 |
| Southwest Symphony | General support | $1,500 |
| Western Heritage Museum | General support | $1,000 |
| Isaiahs Soup Kitchen | General support | $750 |
| Lea County Museum | General support | $750 |
| Lea County Humane Society | General support | $500 |
| Conquistador Boy Scouts of America | General support | $200 |
Officers and trustees
- Julee W Smith
- R Finn Smith
Questions people ask
Does Smith & Watson Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Smith & Watson Foundation give?
$30,200 in tax year 2024, across 12 grants, with a typical grant of $2,000.
Who runs Smith & Watson Foundation?
Its 2024 filing lists Julee W Smith (President) and R Finn Smith (Secretary/Treasurer).
What does Smith & Watson Foundation fund?
Based on its grants, mainly education and arts and culture.