Investor

J. F Maddox Foundation

United States of America

The J. F Maddox Foundation was established in 1963 by Jack and Mabel to serve the residents of southeastern New Mexico. Practicing philanthropy throughout their lifetimes Jack and Mabel perpetuated their philanthropic activities through the J. F Maddox Foundation the beneficiary of their estates.Jack and Mabel Maddox moved to Hobbs New Mexico in 1931 where Jack began a lifelong business career in the utility industry and pursued additional interests in real estate development gas pipeline operations and banking. Jack was a civic leader throughout his life with special interest in youth programs and higher education. The J. F Maddox Foundation was established in 1963 by Jack and Mabel to serve the residents of southeastern New Mexico. Practicing philanthropy throughout their lifetimes Jack and Mabel perpetuated their philanthropic activities through the J. F Maddox Foundation the beneficiary of their estates. Education was a high priority for Jack and Mabel. One of the first programs developed by the Foundation was a student loan program. The student loan program is no longer in existence. It was replaced with a competitive scholarship program that was initiated in 1996 (Jack Maddox Distinguished Scholarship Program). This program awards five scholarships annually to Lea County high school students. Donovan Maddox Jack s brother served as personal representative of their estates and led the Foundation as its President from 1978 to 1990. During its history the Foundation has made grants to a wide variety of non profit organizations and governmental entities. Grants have been made to organizations involved in education social programs and community development for projects which have generally sought to enhance the lives of those living in Lea County New Mexico.

Type: Foundation

Geography: United States of America

Impact: Access to Financial Services