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New Mexico · Nonprofit

SW FOUNDATION FOR OSTEOPATHIC

SW FOUNDATION FOR OSTEOPATHIC (New Mexico) receives grants from 5 organizations whose IRS filings report $4,141,944 to it, the largest being PY Foundation ($3,275,000). 5 of them have funded it in more than one year.

Revenue FY2024
$1.5M
Funders on record
5
Grants received
$4.1M
Net assets
$4.0M
5/5 repeat funderspeak grant-dependency 86%
01What it does

What Sw Foundation for Osteopathic does

Mission

To provide financial support to those students who attend the burrell college of osteopathic medicine and for medical and academic related research. The goal is to work together as a state and a region to increase and diversify our physician workforce, and care for the communities we call home.

As stated on its FY2024 Form 990.

Program

  1. The earnings and principal of the corporation, as deemed appropriate by the board of directors, shall be administered for scholarships and support of students attending burrell college of osteopathic medicine in las cruces, new mexico.

    $990,684 spentof which $817,289 as grants$305,000 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $990,684.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($202k) Expenses 100 ($134k) Net assets 100 ($147k)2018 Revenue 155 ($313k) Expenses 174 ($234k) Net assets 154 ($226k)2019 Revenue 936 ($1.9M) Expenses 310 ($415k) Net assets 1161 ($1.7M)2020 Revenue 41 ($83k) Expenses 506 ($678k) Net assets 756 ($1.1M)2021 Revenue 1005 ($2.0M) Expenses 731 ($979k) Net assets 1475 ($2.2M)2022 Revenue 225 ($455k) Expenses 1273 ($1.7M) Net assets 623 ($914k)2023 Revenue 2201 ($4.5M) Expenses 1071 ($1.4M) Net assets 2681 ($3.9M)2024 Revenue 742 ($1.5M) Expenses 1094 ($1.5M) Net assets 2706 ($4.0M)
'17'18'19'20'21'22'23'24
Revenue (742)Expenses (1094)Net assets (2706)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $2.2M to $4.5M (+108%).

$147k
$226k
$1.7M
$1.1M
$2.2M
$4.5M
$6.4M
$6.5M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

66% of SW FOUNDATION FOR OSTEOPATHIC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,360 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$68k
’17
$79k
’18
$1.5M
’19
−$595k
’20
$1.1M
’21
−$1.2M
’22
$3.0M
’23
$36k
’24
16
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Shawn Bassham

Executive director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24
Listed87766666
Joined·+0+0+3+0+0+0+0
No longer listed·1040000
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $6k → $250k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
2
2
4
3
2
1
2

2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of SW FOUNDATION FOR OSTEOPATHIC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

SW FOUNDATION FOR OSTEOPATHIC leans on a few funders — its largest provides 79% of grant income and the top three 97%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

79%
largest funder
97%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 95% · 2020 100% · 2021 96% · 2022 64% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

83% of SW FOUNDATION FOR OSTEOPATHIC's grant income comes from New Mexico funders.

NM
TX

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
New Mexico out of state home

Funder states come from each funder’s own filing. $203k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

SW FOUNDATION FOR OSTEOPATHIC holds deeper cash reserves than three-quarters of the 11,761 education nonprofits its size.

Operating margin2% · below the median
Months of reserve15.6mo · top quartile
Revenue growth (annualized)33% · top quartile

this organization peer median middle 50% of peers· 11,761 education nonprofits $1M–$10M, FY2024

Organizations like SW FOUNDATION FOR OSTEOPATHIC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New Mexico

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

86% of spending goes to programs.

Program 86%Management 14%Fundraising 0%

Governance

7
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

89%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for SW FOUNDATION FOR OSTEOPATHIC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds SW FOUNDATION FOR OSTEOPATHIC?
SW FOUNDATION FOR OSTEOPATHIC (New Mexico) receives grants from 5 organizations whose IRS filings report $4,141,944 to it, the largest being PY Foundation ($3,275,000). 5 of them have funded it in more than one year.
How many funders does SW FOUNDATION FOR OSTEOPATHIC have?
IRS filings report 5 organizations giving $4,141,944 in grants to SW FOUNDATION FOR OSTEOPATHIC, 5 of which have funded it in more than one year.
Who is the largest funder of SW FOUNDATION FOR OSTEOPATHIC?
PY Foundation is the largest funder on record, with $3,275,000 in grants. The full list of funders is on this page.
How can an organization like SW FOUNDATION FOR OSTEOPATHIC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Sw Foundation for Osteopathic →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing