About JF Maddox Foundation

What We Do

The JF Maddox Foundation believes in the people of Lea County. We think big, dig deep, and connect the community so that together we can cultivate big-picture possibilities for all our Lea County neighbors. We help bring about the changes that help people here thrive for generations.

At the JF Maddox Foundation, we work with our grantee partners to overcome challenges and accelerate opportunities in Lea County, New Mexico. To learn more, we encourage you to read the stories behind our work on the impact page, read about our grants and grantees, and contact our staff with any questions.

Vision, Mission, Values

Our Vision

The 2030 Vision of the JF Maddox Foundation: With opportunity for all, Lea County is a place we are proud to call home.

We innovate primarily in education, community development, and social services to ensure people are attracted to and thrive in Lea County.

We expect a lot of ourselves, our partners, our grantees, and our community because we believe in our potential. We dig deep – mind, body, and soul – so that we might inspire our community partners to do the same. We do this so that we can succeed and grow together, for our common good.

We are not interested in slapping a fresh coat of paint on old problems; we are committed to uncovering innovative, data-driven solutions and then doing everything in our power to actualize them sustainably. Every day, in every way, we’re taking risks and innovating as we seek and find the best solutions to the community’s challenges.

All of our work springs from consideration and compassion. We care that our neighbors are healthy, educated, and supported because we care about them as individuals and as a community.

We’re deeply cognizant of the impact we have on the lives of real people, applying data-driven methods to plan for and measure the results of our actions. Our assessment of the effects that our ambitious initiatives have – throughout the community, in ways that cascade – is an integral part of how we act and who we are.

Bring it Home

The work we do, we do in collaboration with countless other hands, minds, and hearts. We work together as a community and as a family, engaging our partners and inspiring them to heights they didn’t previously recognize as achievable.

Our Board & Staff

From left to right: Ann Maddox Utterback, John Maddox, Ty Bean, Tom Maddox, Susana Salcido, Catherine Maddox Walton, and Ben Maddox; not pictured: Karen McReynolds

From left to right: John Maddox, Catherine Maddox, Tom Maddox, Elaine Agather, Ben Maddox, Paul Campbell, Ann Utterback

From left to right: John Maddox, Catherine Maddox, Tom Maddox, Elaine Agather, Ben Maddox, Paul Campbell, Ann Utterback

From left to right: Tom Maddox, Ann Maddox Utterback, Paul Campbell, Ben Maddox, Susana Arvizu, Catherine Maddox Walton, John Maddox

Our Board Members

Catherine Maddox Walton

Board Chair

Amarillo, TX

Ann Maddox Utterback

Director

Arroyo Grande, CA

Ben Maddox

Director

Taos, NM

Tom Maddox

Director

St. Louis, MO

John Maddox

Director

Haverhill, MA

Susana Salcido

Director

Hobbs, NM

Ty Bean

Director

Hobbs, NM

Karen McReynolds

Director

Hobbs, NM

Jim Maddox

Director Emeritus

Hobbs, NM

Don Maddox

Director Emeritus

Lubbock, TX

Sue Maddox

Advisory Director Emeritus

Hobbs, NM

Susan Maddox

Advisory Director Emeritus

Lubbock, TX

Management Team

TJ Parks

Chief Executive Officer

More Info >>

David Reed

Chief Operating Officer

More Info >>

Mayra Lovas

Vice President – Grants

More Info >>

Carol Crossland

Program Officer

More Info >>

Kawin Nunnery

Program Officer

More Info >>

Sarah Anderson

Director of Grants Administration & Scholarship Coordinator

More Info >>

Marissa Corral

Accountant

More Info >>

Diana Davis

Accounting Clerk

More Info >>
Hilda Mojica

Hilda Mojica

Executive Assistant & Office Manager

More Info >>

Tori Zamora

Grants Management Assistant

More Info >>

Our Founders

Mabel

MADDOX

Jack

MADDOX

Donovan

MADDOX

Our Founders

Mabel

MADDOX

Jack

MADDOX

Donovan

MADDOX

Our Beginnings

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.

From left to right: Jim Maddox, Don Maddox, Sue Maddox, and Susan Maddox

The JF 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 JF 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. 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. Then, Donovan’s sons, Don and Jim Maddox led the Foundation as alternating board presidents until 2017

Don and Jim Maddox helped to shape many of the grant-making strategies that the Foundation has come to employ today. Together with another board member, Harry Lynch, the three directors used their investment prowess to grow the JF Maddox Foundation to one of the largest private foundations in the state of New Mexico.

Sue and Susan Maddox joined the board as advisory directors in 1995. Education and community care were priorities for both Sue and Susan, as were community relationships. The two were pivotal in emphasizing the focus on local relationships as well as catalyzing community efforts.

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.

Careers

At the JF Maddox Foundation, we work with our grantee partners to overcome challenges and accelerate opportunities in Lea County, New Mexico. We connect with various community partners including municipalities, nonprofit, and for-profit organizations to identify needs and develop meaningful change. We think big, dig deep, and connect the community to cultivate big-picture possibilities in Lea County, New Mexico.

We’re hiring for a Chief Financial Officer and a Program Officer . See below for more information and instructions on how to apply.

Chief Financial Officer (remote)

Title: Chief Financial Officer (CFO) – Remote
Reports To: Chief Executive Officer (CEO)
Works With: Chief Operating Officer (COO) and the Finance & Audit Committee Chair, Controller (direct day-to-day finance partner), audit firm, outsourced tax preparer, OCIO/investment partners (as needed for accounting/reporting coordination), senior leadership and Board committees.
Salary: $200,000 – $225,000

Role Summary

The CFO is the Foundation’s senior finance leader and strategic advisor responsible for high-level financial leadership, financial governance, risk management, and board-facing financial reporting. This role is designed as a remote, part-time professional services position and directs the Controller, who manages daily accounting operations and staff.

The CFO ensures the Foundation has strong internal controls, accurate and timely reporting, effective budgeting/forecasting, and smooth coordination with external partners (audit firm, tax preparer, and OCIO as applicable). This role supports the CEO, COO, Finance & Audit Committee, and Board with clear financial analysis and actionable recommendations in alignment with the Foundation’s mission and goals.

Financial Leadership and Governance

  • Serve as senior financial advisor to the CEO and Board (including Finance & Audit Committee).
  • Establish and maintain appropriate financial governance, oversight, and review cadence (monthly/quarterly/year-end).
  • Provide guidance on finance-related policy development and ensure appropriate internal control structures for a small-office environment.
  • Ensure that financial policies, procedures and internal controls are aligned with Generally Accepted Accounting Principles and applicable governmental, legal/regulatory, and contractual requirements.
  • Embody the Foundation’s Core Values and ethical principles.

Financial Reporting and Oversight

  • Oversee the timely preparation and review of monthly and quarterly financial statements, schedules, and key performance reporting (prepared by the Controller).
  • Review significant journal entries, balance sheet reconciliations, grant payables reporting, and key accounting estimates.
  • Provide written variance analysis and financial narrative suitable for senior management and Board reporting.

Budgeting, Forecasting, and Planning

  • Lead the annual budgeting process in collaboration with the CEO and department leaders.
  • Oversee cash flow forecasting and scenario planning; support multi-year forecasting tied to grantmaking and operating needs.
  • Provide financial models and decision support for strategic initiatives as requested.

Audit Management

  • Lead the annual audit process; ensure readiness, appropriate workpapers, and timely completion (day-to-day managed by Controller).
  • Serve as the primary executive liaison with the external audit firm and Finance & Audit Committee regarding audit scope and planning, queries of management, proposed adjustments, results, and recommendations.

Tax and Compliance Oversight (Outsourced Preparation)

  • Manage the relationship with the outsourced tax preparer; review planning items and ensure accuracy of final filings (e.g., 990-PF/990-T, state filings, excise tax considerations).
  • Ensure internal tracking and documentation supports accurate filings (e.g., grants paid/approved schedules and payout calculations).

Investment Accounting Coordination (OCIO is Outsourced)

  • Coordinate with the Controller and OCIO as needed to ensure investment activity is properly recorded and reconciled for financial reporting and audit.
  • Provide oversight to ensure investment-related accounting and reporting aligns with policy and audit requirements (without serving as the investment manager).
  • Maintains strategic relationship with OCIO
  • Reviews investment performance and policy alignment
  • Oversees Investment Committee reporting

Risk Management and Controls

  • Ensure proper segregation of duties and strong controls across all financial functions
  • Advise on improvements to accounting policies, finance procedures, and documentation.
  • Provide finance-related risk input (including insurance/contract compliance as appropriate to finance oversight).

People Leadership

  • Provide functional leadership to the Controller; support performance expectations, training priorities, and professional development.
  • As needed, participate in hiring/selection support for finance roles, in coordination with the CEO/COO.

  • Bachelor’s degree in Accounting, Finance, or related field required; CPA strongly preferred; Master’s degree a plus.
  • 10+ years of progressive finance/accounting leadership experience; nonprofit/foundation, fund accounting, or complex investment-accounting exposure preferred.
  • Demonstrated expertise in financial reporting, audit management, internal controls, budgeting, forecasting, and board communications in an organization with a $2M+ annual budget.
  • Ability to translate financial concepts to non-financial stakeholders; excellent written and verbal communication skills.
  • Strong proficiency with Excel and financial software systems; experience with Sage Intacct preferred.
  • Strong ethical principles and high integrity.

  • Remote (expected to support monthly close review, quarterly board cycles, annual budget, and audit/tax timelines).
  • Occasional travel to Hobbs, NM will be required for key planning sessions or board meetings (as needed).

Please send resume and cover letter to TJ Parks, CEO, tjparks@jfmaddox.org.

Program Officer

Reports To: Vice President – Grants
Salary: $60,000 – $80,000 commensurate with experience

The Program Officer I provides initiative and support in the planning of the Foundation’s grant program, proposes and develops prospective grants (based upon analysis of data and interaction with communities and agencies served by the Foundation), reviews unsolicited grant proposals (as assigned), monitors grantee performance relative to approved projects, prepares analytical reports, assists in the research of identified community issues and grantee strategies, and serves as a liaison to communities and agencies served by the Foundation.

Some travel is required.

1. Reviews and analyzes grant proposals, makes recommendations for grant funding, and tracks grant recipients to ensure that grants are properly and effectively utilized.

2. Provides routine and ad hoc written reports on grantees, grant projects, and grantmaking activities.

3. Implements project/program initiatives and assists in the administrative management of foundation-operated projects/programs.

4. Acts as a liaison between the Foundation and communities/agencies served by the Foundation. Maintains an active dialogue with community leaders and agencies, and stays abreast of developments within the communities served by the Foundation, intra-agency developments, and developments within the community of non-profit organizations.

5. Serves other functions, as assigned.

1. Commitment to Foundation core values and mission.

2. Ability to work individually or as part of a team.

3. Ability to approach the Foundation’s work with innovation, creativity, flexibility, and diplomacy in response to complex issues.

4. Capable of building trust-based relationships with internal and external stakeholders.

5. Possess strong analytical and organizational skills.

6. Ability to effectively communicate with a broad and diverse audience (written and verbal).

  • Prior experience with non-profit organizations is preferred.
  • Experience in generating financial analytical reports is preferred.
  • Specific experience in the use of Microsoft Office Suite is highly preferable.
  • Some experience in the writing and reviewing of comprehensive reports is required.

Training: Bachelor’s degree required; post-graduate degree is preferred.

Please send resume and cover letter to Mayra Lovas, VP – Grants, mlovas@jfmaddox.org.