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Lea County Electric Education Foundation is a private trust based in LOVINGTON, NM. The foundation received its IRS ruling in 1988. It holds total assets of $3.7M. Annual income is reported at $1.1M. Total assets have grown from $1M in 2011 to $3.7M in 2024. The foundation is governed by 9 officers and trustees. College scholarships to members of lea county electric cooperative, inc. And to their immediate families. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in New Mexico and Texas. According to available records, Lea County Electric Education Foundation has made 159 grants totaling $895K, with a median grant of $8K. Annual giving has decreased from $318K in 2021 to $250K in 2023. Grantmaking activity was highest in 2022 with $327K distributed across 62 grants. Individual grants have ranged from $375 to $13K, with an average award of $6K. The foundation has supported 126 unique organizations. Grants have been distributed to organizations in New Mexico and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$750
Median Grant
$3K
Average Grant
$3K
Largest Grant
$10K
Based on 67 grants from the most recent 990-PF filing.
College scholarships to members of lea county electric cooperative, inc. And to their immediate families.
Expenses: $166K
College scholarships to members of lea county electric cooperative, inc. And to their immediate families. Based on available records, the foundation has funded 159 grants. Its grantmaking reaches organizations primarily in NM, TX.
Lea County Electric Education Foundation has distributed a total of $895K across 159 grants. The median grant size is $8K, with an average of $6K. Individual grants have ranged from $375 to $13K.
The application deadline is THIRD FRIDAY IN JANUARY.. The foundation will award scholarships to an active member or dependent of a an active member residing within a county served by lcec; a graduating senior in the current year from an accredited public or private high school, homeschooled, or have obtained a new mexico/texas ged or equivalent within a county served by lcec; entering the military within four (4) months of high school graduation; and 19 years of age or less. Recipients of the one-time scholarship may use the $8,000 award to attend any accredited united states university/college or trade school including on-line institutions of higher learning towards an undergraduate degree. Applicants must enroll as full-time students.
Lea County Electric Education Foundation is headquartered in LOVINGTON, NM. While based in NM, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jason Swann | TRUSTEE | $0 | $0 | N/A |
| Dan Hardin | SECRETARY - TREASURER | $0 | $0 | N/A |
| C J Kinsolving | TRUSTEE | $0 | $0 | N/A |
| Randall Mccormick | TRUSTEE | $0 | $0 | N/A |
| Charles Garner | TRUSTEE | $0 | $0 | N/A |
| Travis Glenn | TRUSTEE | $0 | $0 | N/A |
| John Graham | PRESIDENT | $0 | $0 | N/A |
| Robert Caudle | VICE-PRESIDENT | $0 | $0 | N/A |
| Kenny Wallace | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.7M
Fair Market Value
N/A
Net Worth
$3.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
159
Total Giving
$895K
Average Grant
$6K
Median Grant
$8K
Unique Recipients
126
Most Common Grant
$8K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mason BrownSCHOLARSHIP | Tatum, NM | $8K | 2023 |
| Tyler GrahamSCHOLARSHIP | Tatum, NM | $8K | 2023 |
| David AscencioSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Jaylon BleyenbergSCHOLARSHIP | Tatum, NM | $8K | 2023 |
| Sebastian BrownSCHOLARSHIP | Plains, TX | $8K | 2023 |
| Mallory BunchSCHOLARSHIP | Plains, TX | $8K | 2023 |
| Derick CastellanosSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Yahir EsparzaSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Kate FranklinSCHOLARSHIP | Plains, TX | $8K | 2023 |
| Marissa GarciaSCHOLARSHIP | Plains, TX | $8K | 2023 |
| Rogue GarciaSCHOLARSHIP | Plains, NM | $8K | 2023 |
| Peyton GoffSCHOLARSHIP | Hobbs, NM | $8K | 2023 |
| Leah HernandezSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Ciara JimenezSCHOLARSHIP | Tatum, NM | $8K | 2023 |
| Kelton KerbySCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Julie LaraSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Angel LozanoSCHOLARSHIP | Plains, TX | $8K | 2023 |
| Avery MarquezSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Tatiana MorenoSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Ltzel ReyesSCHOLARSHIP | Plains, TX | $8K | 2023 |
| Abigail RivieraSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Alan RomeroSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Natalia RosendoSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Madi SandovalSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Braylen SealySCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Sofia SepulvedaSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Jake StineSCHOLARSHIP | Denver City, TX | $8K | 2023 |
| Kylie WestSCHOLARSHIP | Tatum, NM | $8K | 2023 |
| April ZamoraSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Diana ZapataSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Mario MendozaSCHOLARSHIP | Lovington, NM | $8K | 2023 |
| Jazmin PreciadoSCHOLARSHIP | Lovington, NM | $750 | 2023 |
| Alexus WhitmanSCHOLARSHIP | Lovington, NM | $375 | 2023 |
| Amber BorunaSCHOLARSHIP | Lovington, NM | $8K | 2022 |
| Marka CarterSCHOLARSHIP | Plains, TX | $8K | 2022 |
| Tanyon LambertSCHOLARSHIP | Tatum, NM | $8K | 2022 |
| Celest DominguezSCHOLARSHIP | Lovington, NM | $8K | 2022 |
| Daniel VerdejaSCHOLARSHIP | Lovington, NM | $8K | 2022 |
| Marissa CabelloSCHOLARSHIP | Lovington, NM | $8K | 2022 |
| Mark StockSCHOLARSHIP | Lovington, NM | $8K | 2022 |
| Ranley KruegerSCHOLARSHIP | Tatum, NM | $8K | 2022 |
| Samuel HarrisSCHOLARSHIP | Tatum, TX | $8K | 2022 |
| Ava SealySCHOLARSHIP | Lovington, NM | $8K | 2022 |
| Abigayle SlaterSCHOLARSHIP | Lovington, NM | $8K | 2022 |
| Abigail VegaSCHOLARSHIP | Lovington, NM | $8K | 2022 |
| Linda AndersonSCHOLARSHIP | Lovington, NM | $8K | 2022 |
| Steven ValverdeSCHOLARSHIP | Lovington, NM | $8K | 2022 |
| Jazmyne CooperSCHOLARSHIP | Lovington, NM | $8K | 2022 |