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Nonprofit · EIN 85-0456762

THE FRANK C HIBBEN CHARITABLE TRUST

Also known as DESIDERIO ROBERT J TTEE

Tax-exempt · ALBUQUERQUE, NM 87103

Financials

$47K$624K2022$981K$669K2023$714K$429K2024
Revenue Expenses · by fiscal year end
Financials of THE FRANK C HIBBEN CHARITABLE TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$713,596$428,680$284,916$12,069,304$0$12,069,304
June 30, 2024990$981,164$668,703$312,461$11,423,737$0$11,423,737
June 30, 2023990$46,566$623,732-$577,166$10,656,279$0$10,656,279
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$713,596
Net gain from sales of assets
$460,520
Other revenue
$0

Expenses

Grants and similar amounts paid
$361,770
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$4,709
Program services (functional)
$428,680

Balance sheet and other

Total assets, start of year
$11,423,737
Total assets, end of year
$12,069,304
Total liabilities, end of year
$0
Net assets, end of year
$12,069,304
Publicly traded securities
$11,905,673
Gross receipts
$2,804,048
Employees
0
Volunteers
0
Year formed
1998
State of legal domicile
NM

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
TERRY BABBITTRUSTEE
Trustee or director
1$0
ROBERT J DESIDERIOTRUSTEE
Trustee or director
1$0
ALBERTO GUTIERREZTRUSTEE
Trustee or director
1$0
DAVID STUARTTRUSTEE
Trustee or director
1$0
GARTH BAWDENTRUSTEE
Trustee or director
1$0
SANDRA BEGAY-CAMPBELLTRUSTEE
Trustee or director
1$0
DAVID PHILLIPSTRUSTEE
Trustee or director
1$0
JOSEPH AGUILARTRUSTEE
Trustee or director
1$0
JOHN PEROVICHTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
TERRY BABBITTRUSTEE
Trustee or director
1$0
ROBERT J DESIDERIOTRUSTEE
Trustee or director
1$0
ALBERTO GUTIERREZTRUSTEE
Trustee or director
1$0
DAVID STUARTTRUSTEE
Trustee or director
1$0
GARTH BAWDENTRUSTEE
Trustee or director
1$0
SANDRA BEGAY-CAMPBELLTRUSTEE
Trustee or director
1$0
DAVID PHILLIPSTRUSTEE
Trustee or director
1$0
JOSEPH AGUILARTRUSTEE
Trustee or director
1$0
JOHN PEROVICHTRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensation
TERRY BABBITTRUSTEE
Trustee or director
1$0
ROBERT J DESIDERIOTRUSTEE
Trustee or director
1$0
ALBERTO GUTIERREZTRUSTEE
Trustee or director
1$0
DAVID STUARTTRUSTEE
Trustee or director
1$0
GARTH BAWDENTRUSTEE
Trustee or director
1$0
SANDRA BEGAY-CAMPBELLTRUSTEE
Trustee or director
1$0
DAVID PHILLIPSTRUSTEE
Trustee or director
1$0
JOSEPH AGUILARTRUSTEE
Trustee or director
1$0
JOHN PEROVICHTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 1966, ALBUQUERQUE, NM 87103-1966
In care of
% UNIVERSITY OF NM SCHOOL OF LAW
Principal officer (990 for 2024)
ROBERT J DESIDERIO, POST OFFICE BOX 1966, ALBUQUERQUE, NM 87103
Signed the 990
ROBERT J DESIDERIO, TRUSTEE
Phone
(505) 247-9355
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

THE MISSION OF THIS TRUST IS THE SUPPORT OF THE UNIVERSITY OF NEW MEXICO.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ONLY PROGRAM SERVICE OF THIS TRUST IS THE SUPPORT OF THE UNIVERSITY OF NEW MEXICO.
    Expenses $428,680 · grants $361,770

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
85-0456762
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1999
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$12,069,304
Income (IRS master file)
$2,804,048

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$713,596$428,680$12,069,304IRS
990-TJune 2025–––IRS
990June 2024$981,164$668,703$11,423,737IRS
990-TJune 2024–––IRS
990June 2023$46,566$623,732$10,656,279XML
990-TJune 2023–––IRS
990June 2022$972,421$326,395$10,184,524IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-0456762).

Questions about THE FRANK C HIBBEN CHARITABLE TRUST

What is the EIN of THE FRANK C HIBBEN CHARITABLE TRUST?
The employer identification number (EIN) of THE FRANK C HIBBEN CHARITABLE TRUST is 85-0456762.
Is THE FRANK C HIBBEN CHARITABLE TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to THE FRANK C HIBBEN CHARITABLE TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does THE FRANK C HIBBEN CHARITABLE TRUST file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE FRANK C HIBBEN CHARITABLE TRUST due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE FRANK C HIBBEN CHARITABLE TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE FRANK C HIBBEN CHARITABLE TRUST?
The 990 for the year ended June 30, 2025 names ROBERT J DESIDERIO.
Who are the officers and directors of THE FRANK C HIBBEN CHARITABLE TRUST?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does THE FRANK C HIBBEN CHARITABLE TRUST have?
On its 990 for the year ended June 30, 2025 it reported revenue of $713,596, expenses of $428,680 and total assets of $12,069,304 at year end.

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