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Also known as: FOUNDATION
Otero County Electric Education Foundation is a private trust based in CLOUDCROFT, NM. The foundation received its IRS ruling in 1990. It holds total assets of $1.6M. Annual income is reported at $259K. COLLEGE SCHOLARSHIPS TO ACTIVE MEMBERS OF OTERO COUNTY ELECTRIC COOPERATIVE, INC. AND TO THEIR IMMEDIATE FAMILIES. According to available records, Otero County Electric Education Foundation has made 334 grants totaling $608K, with a median grant of $2K. The foundation has distributed between $140K and $305K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $305K distributed across 166 grants. Individual grants have ranged from $1K to $7K, with an average award of $2K. The foundation has supported 198 unique organizations. Grant recipients are concentrated in New Mexico. Contributions to this foundation are tax-deductible.
COLLEGE SCHOLARSHIPS TO ACTIVE MEMBERS OF OTERO COUNTY ELECTRIC COOPERATIVE, INC. AND TO THEIR IMMEDIATE FAMILIES
Expenses: $155K
COLLEGE SCHOLARSHIPS TO ACTIVE MEMBERS OF OTERO COUNTY ELECTRIC COOPERATIVE, INC. AND TO THEIR IMMEDIATE FAMILIES. Based on available records, the foundation has funded 334 grants. Its grantmaking reaches organizations primarily in NM.
Otero County Electric Education Foundation has distributed a total of $608K across 334 grants. The median grant size is $2K, with an average of $2K. Individual grants have ranged from $1K to $7K.
The application deadline is MARCH 15, 2023. ONE SEMESTER SCHOLARSHIPS, IN AN AMOUNT TO BE DETERMINED ON AN ANNUAL BASIS BY THE EDUCATION FOUNDATION, WILL BE CONSIDERED PROVIDED THE FOLLOWING ELIGIBILITY REQUIREMENTS HAVE BEEN MET: AVAILABLE TO ACTIVE MEMBERS RECEIVING SERVICE FROM OTERO COUNTY ELECTRIC COOPERATIVE, INC. AND THEIR IMMEDIATE FAMILY. APPLICANTS MUST USE EDUCATIONAL GRANT FUNDS TO PURSUE AND ESTABLISHED DEGREE FROM AN ACCREDITED NEW MEXICO UNIVERSITY, COLLEGE, OR VOCATIONAL SCHOOL. THE INITIAL SCHOLARSHIP AWARD MUST BE USED FOR THE FALL OF THE SCHOOL YEAR THAT THE SCHOLARSHIP IS GIVEN, AND MAY BE RENEWED FOR AN ADDITIONAL SEVEN CONSECUTIVE SPRING AND FALL SEMESTERS. THE ABILITIY TO RENEW THE SCHOLARSHIP IS CONTIGENT UPON MEETING THE ENROLLMENT STATUS AND PASSING GRADE REQUIREMENTS REVIEWED BY THE FOUNDATION ON AN ANNUAL BASIS.
Otero County Electric Education Foundation is headquartered in CLOUDCROFT, NM.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles Mulcock | PRESIDENT | $0 | $0 | $0 |
| Denny Burnett | VICE PRESIDENT | $0 | $0 | $0 |
| Scott Shafer | TREASURER | $0 | $0 | $0 |
| Marty Mills | SECRETARY | $0 | $0 | $0 |
| Preston Stone | TRUSTEE | $0 | $0 | $0 |
Total Giving
$175K
Total Assets
$1.6M
Fair Market Value
$1.6M
Net Worth
$1.5M
Grants Paid
$166K
Contributions
$183K
Net Investment Income
$62K
Distribution Amount
$71K
Total: $775K
Total Grants
334
Total Giving
$608K
Average Grant
$2K
Median Grant
$2K
Unique Recipients
198
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sago KadenSCHOLARSHIP | Mescalero, NM | $7K | 2023 |
| Bhakta SanjnaSCHOLARSHIP | Capitan, NM | $3K | 2023 |
| Foy JosephSCHOLARSHIP | Ruidoso, NM | $3K | 2023 |
| Cook JacobSCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Cooper KateSCHOLARSHIP | Tinnie, NM | $3K | 2023 |
PORTALES, NM
DEMING, NM
CLOVIS, NM
MORIARTY, NM
ELEPHANT BTTE, NM
| Bill Bird |
| TRUSTEE |
| $0 |
| $0 |
| $0 |
| David Powers | TRUSTEE | $0 | $0 | $0 |
| Cheri Hass | TRUSTEE | $0 | $0 | $0 |
| Kenny Blazer | TRUSTEE | $0 | $0 | $0 |
| Tim Rabon | TRUSTEE | $0 | $0 | $0 |
| Daugherty CaitlinSCHOLARSHIP |
| Nogal, NM |
| $3K |
| 2023 |
| Dempsey HaleySCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Gallerito EthanSCHOLARSHIP | Mescalero, NM | $3K | 2023 |
| Guerra GraysonSCHOLARSHIP | La Luz, NM | $3K | 2023 |
| Harwell ClateSCHOLARSHIP | Artesia, NM | $3K | 2023 |
| Hazen MercedesSCHOLARSHIP | Nogal, NM | $3K | 2023 |
| Hickman KayleeSCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Howard MarySCHOLARSHIP | Capitan, NM | $3K | 2023 |
| Madigan SamanthaSCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Marr ShacieSCHOLARSHIP | Tularosa, NM | $3K | 2023 |
| Prudencio FabianSCHOLARSHIP | Glenco, NM | $3K | 2023 |
| Seidel ZaneSCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Shoemaker SierraSCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Velasquez FallonSCHOLARSHIP | Hondo, NM | $3K | 2023 |
| Watson KagenSCHOLARSHIP | Mayhill, NM | $3K | 2023 |
| Willingham D'AnnaSCHOLARSHIP | Carriozo, NM | $3K | 2023 |
| Wilson ZachSCHOLARSHIP | Capitan, NM | $3K | 2023 |
| Zamora DanielSCHOLARSHIP | Carrizozo, NM | $3K | 2023 |
| Zamora SydneySCHOLARSHIP | Carrizozo, NM | $3K | 2023 |
| Archuleta NickolasSCHOLARSHIP | Carriozo, NM | $3K | 2023 |
| Barnes EmilySCHOLARSHIP | Mayhill, NM | $3K | 2023 |
| Guevara KelsieSCHOLARSHIP | Carrizozo, NM | $3K | 2023 |
| Artiaga BiancaSCHOLARSHIP | Mescalero, NM | $3K | 2023 |
| Bluedorn DanielSCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Gaston RicardoSCHOLARSHIP | Alamogordo, NM | $3K | 2023 |
| Singer AlexSCHOLARSHIP | La Luz, NM | $3K | 2023 |
| Wrye BaileySCHOLARSHIP | Capitan, NM | $3K | 2023 |
| Gallegos DiegoSCHOLARSHIP | San Patricio, NM | $3K | 2023 |
| Fernandez KarimeSCHOLARSHIP | Hondo, NM | $3K | 2023 |
| Barela MelissaSCHOLARSHIP | Carrizozo, NM | $3K | 2023 |
| Hibbard AmandaSCHOLARSHIP | Pinon, NM | $3K | 2023 |
| Hiles TylerSCHOLARSHIP | Mescalero, NM | $3K | 2023 |
| Morales SethSCHOLARSHIP | Alto, NM | $3K | 2023 |
| Myers SamuelSCHOLARSHIP | La Luz, NM | $3K | 2023 |
| Keaton KallaSCHOLARSHIP | Ruidoso, NM | $3K | 2023 |
| Pike PearlSCHOLARSHIP | Mescalero, NM | $3K | 2023 |
| Guillen GuiselleSCHOLARSHIP | Hondo, NM | $3K | 2023 |
| Nunez MckenzieSCHOLARSHIP | Capitan, NM | $2K | 2023 |
| Evans HopeSCHOLARSHIP | Cloudcroft, NM | $2K | 2023 |
| Bernino IsabellaSCHOLARSHIP | Bent, NM | $2K | 2023 |
| Lucero DanSCHOLARSHIP | Alamogordo, NM | $2K | 2023 |
| Toddy LaciSCHOLARSHIP | Cloudcroft, NM | $2K | 2023 |
| Blake HaileeSCHOLARSHIP | Mescalero, NM | $2K | 2023 |
| Gonzales BonnieSCHOLARSHIP | Las Cruces, NM | $2K | 2023 |
| Marquez AmandaSCHOLARSHIP | Alto, NM | $2K | 2023 |
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