Hb Foundation Inc

LAS CRUCES, NM EIN: 86-1901735

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$500K

+45.9% YoY

Annual Giving

$21K

+61.4% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$4K

+7.6% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$67K$133K$200K$266K202220232024
Metric202420232022
Total Assets$499,797$342,569$115,172
Revenue$177,859$242,026$137,672
Expenses$22,631$14,629$22,500
Qualifying Distributions$21,550$13,008$22,500
Net Investment Income
Distributable Amount$20,048$11,241$6,092

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$11K$17K$23K4 grants20224 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

RONALD MCDONALD$8KEL RANCHITO DE LOS NINOS$5KBORDERLAND ARTS FOUNDATION$4KTURNING POINT OF LAS CRU…$2KNEW HORIZONS SYMPHONY$2KWOMEN'S HOUSING COALITION$500

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Hb Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSHUA HAKESPRESIDENT
KIMBALL HAKESCFO
CHRISTOPHER HAKESDIRECTOR

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

AlbuquerqueChicagoCorralesLas CrucesLos Lunas

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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