The Veteto Foundation was created in 2006 by Burton and Mark Veteto as a platform to give something back to the community of Hobbs, New Mexico.

The Veteto Foundation is awarding up to five outstanding teachers an award of $5,000 each in order to recognize their value and service to the community of Hobbs. The award will be presented annually to K-12 classroom teachers. A teacher must have a minimum of five years teaching experience with the Hobbs Municipal Schools. A recipient of this award will be eligible again in five years. 2025 Deadline is March 14, 2025