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Also known as: FOUNDATION
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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. Total assets have grown from $993K in 2011 to $1.6M in 2023. The foundation is governed by 10 officers and trustees. College scholarships to active members of otero county electric cooperative, inc. And to their immediate families. Tax records are available from 2020 to 2023. Grantmaking is concentrated in New Mexico. 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.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$2K
Based on 89 grants from the most recent 990-PF filing.
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, 2021. 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 | N/A |
| Denny Burnett | VICE PRESIDENT | $0 | $0 | N/A |
| Scott Shafer | TREASURER | $0 | $0 | N/A |
| Marty Mills | SECRETARY | $0 | $0 | N/A |
| Preston Stone | TRUSTEE | $0 | $0 | N/A |
| Bill Bird | TRUSTEE | $0 | $0 | N/A |
| David Powers | TRUSTEE | $0 | $0 | N/A |
| Cheri Hass | TRUSTEE | $0 | $0 | N/A |
| Kenny Blazer | TRUSTEE | $0 | $0 | N/A |
| Tim Rabon | TRUSTEE | $0 | $0 | N/A |
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 |
| Marr ShacieSCHOLARSHIP | Tularosa, NM | $3K | 2023 |
| Zamora SydneySCHOLARSHIP | Carrizozo, NM | $3K | 2023 |
| Zamora DanielSCHOLARSHIP | Carrizozo, NM | $3K | 2023 |
| Wilson ZachSCHOLARSHIP | Capitan, NM | $3K | 2023 |
| Willingham D'AnnaSCHOLARSHIP | Carriozo, NM | $3K | 2023 |
| Watson KagenSCHOLARSHIP | Mayhill, NM | $3K | 2023 |
| Velasquez FallonSCHOLARSHIP | Hondo, NM | $3K | 2023 |
| Madigan SamanthaSCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Cook JacobSCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Cooper KateSCHOLARSHIP | Tinnie, NM | $3K | 2023 |
| Archuleta NickolasSCHOLARSHIP | Carriozo, NM | $3K | 2023 |
| Daugherty CaitlinSCHOLARSHIP | Nogal, NM | $3K | 2023 |
| Dempsey HaleySCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Howard MarySCHOLARSHIP | Capitan, NM | $3K | 2023 |
| Hickman KayleeSCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Foy JosephSCHOLARSHIP | Ruidoso, NM | $3K | 2023 |
| Barnes EmilySCHOLARSHIP | Mayhill, NM | $3K | 2023 |
| Seidel ZaneSCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Gallerito EthanSCHOLARSHIP | Mescalero, NM | $3K | 2023 |
| Hazen MercedesSCHOLARSHIP | Nogal, NM | $3K | 2023 |
| Bhakta SanjnaSCHOLARSHIP | Capitan, NM | $3K | 2023 |
| Harwell ClateSCHOLARSHIP | Artesia, NM | $3K | 2023 |
| Guerra GraysonSCHOLARSHIP | La Luz, NM | $3K | 2023 |
| Shoemaker SierraSCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Prudencio FabianSCHOLARSHIP | Glenco, NM | $3K | 2023 |
| Singer AlexSCHOLARSHIP | La Luz, NM | $3K | 2023 |
| Gallegos DiegoSCHOLARSHIP | San Patricio, NM | $3K | 2023 |
| Gaston RicardoSCHOLARSHIP | Alamogordo, NM | $3K | 2023 |
| Guevara KelsieSCHOLARSHIP | Carrizozo, NM | $3K | 2023 |
| Guillen GuiselleSCHOLARSHIP | Hondo, 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 |
| Pike PearlSCHOLARSHIP | Mescalero, NM | $3K | 2023 |
| Wrye BaileySCHOLARSHIP | Capitan, NM | $3K | 2023 |
| Keaton KallaSCHOLARSHIP | Ruidoso, NM | $3K | 2023 |
| Artiaga BiancaSCHOLARSHIP | Mescalero, NM | $3K | 2023 |
| Barela MelissaSCHOLARSHIP | Carrizozo, NM | $3K | 2023 |
| Bluedorn DanielSCHOLARSHIP | Cloudcroft, NM | $3K | 2023 |
| Fernandez KarimeSCHOLARSHIP | Hondo, NM | $3K | 2023 |
| Evans HopeSCHOLARSHIP | Cloudcroft, NM | $2K | 2023 |
| Nunez MckenzieSCHOLARSHIP | Capitan, NM | $2K | 2023 |
| Lucero DanSCHOLARSHIP | Alamogordo, NM | $2K | 2023 |
| Cabazal MicaelahSCHOLARSHIP | Alamogordo, NM | $2K | 2023 |
| Marquez AmandaSCHOLARSHIP | Alto, NM | $2K | 2023 |
| Guevara KaitlinSCHOLARSHIP | Carrizozo, NM | $2K | 2023 |
| Bernino IsabellaSCHOLARSHIP | Bent, NM | $2K | 2023 |
| Blake HaileeSCHOLARSHIP | Mescalero, NM | $2K | 2023 |