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Also known as: FOUNDATION
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Roosevelt County Electric Education Foundation is a private trust based in PORTALES, NM. The foundation received its IRS ruling in 1987. It holds total assets of $2.3M. Annual income is reported at $236K. Total assets have grown from $554K in 2011 to $2M in 2023. The foundation is governed by 7 officers and trustees. To provide college scholarships to active members of roosevelt county electric cooperative, inc. And to immediate members of their family. Tax records are available from 2020 to 2023. Grantmaking is concentrated in New Mexico. According to available records, Roosevelt County Electric Education Foundation has made 215 grants totaling $508K, with a median grant of $3K. Annual giving has grown from $104K in 2021 to $136K in 2023. Grantmaking activity was highest in 2022 with $269K distributed across 102 grants. Individual grants have ranged from $750 to $6K, with an average award of $2K. The foundation has supported 112 unique organizations. Grants have been distributed to organizations in New Mexico and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$2K
Largest Grant
$3K
Based on 33 grants from the most recent 990-PF filing.
To provide college scholarships to active members of roosevelt county electric cooperative, inc. And to immediate members of their family.
Expenses: $61K
To provide college scholarships to active members of roosevelt county electric cooperative, inc. And to immediate members of their family. Based on available records, the foundation has funded 215 grants. Its grantmaking reaches organizations primarily in NM, TX.
Roosevelt County Electric Education Foundation has distributed a total of $508K across 215 grants. The median grant size is $3K, with an average of $2K. Individual grants have ranged from $750 to $6K.
The application deadline is 5 PM, FRIDAY, JANUARY 8TH, 2021. One year 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 dependents of members receiving service from roosevelt county electric cooperative, inc. Or a legal dependent of a full time employee of a member receiving service from the cooperative and said employee and dependent must be living in a residence connected in the member's name, applicants must be a graduating senior in the current year from an accredited public or private high school, home schooled or have obtained a new mexico ged or equivalent, and applicants should desire to enter a college, university or trade school. Applications will be judged and awarded based on the following criteria: act scores, secondary school gpa of 2.5 or higher, community and other civic activities, leadership and character qualities, and an essay.
Roosevelt County Electric Education Foundation is headquartered in PORTALES, NM. While based in NM, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gene Creighton | PRESIDENT | $0 | $0 | N/A |
| Janet Collins | VICE-PRESIDENT | $0 | $0 | N/A |
| Chris Duncan | SECRETARY/TREASURER | $0 | $0 | N/A |
| Leon Nall | TRUSTEE | $0 | $0 | N/A |
| Charles Bennett Jr | TRUSTEE | $0 | $0 | N/A |
| Billy Cathey | TRUSTEE | $0 | $0 | N/A |
| Brandon Dewbre | TRUSTEE | $0 | $0 | N/A |
Total Giving
$139K
Total Assets
$2M
Fair Market Value
$2M
Net Worth
$2M
Grants Paid
$136K
Contributions
$267K
Net Investment Income
$101K
Distribution Amount
$87K
Total Grants
215
Total Giving
$508K
Average Grant
$2K
Median Grant
$3K
Unique Recipients
112
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Teagan FaustSCHOLARSHIP | Portales, NM | $6K | 2023 |
| Allie LuscombeSCHOLARSHIP | Portales, NM | $4K | 2023 |
| Avery PipkinSCHOLARSHIP | Farwell, TX | $4K | 2023 |
| Gunanr StandiferSCHOLARSHIP | Portales, NM | $4K | 2023 |
| Chanden L NeeceSCHOLARSHIP | Portales, NM | $4K | 2023 |
| Charley A BartlSCHOLARSHIP | Portales, NM | $4K | 2023 |
| Brianna NettlesSCHOLARSHIP | Floyd, NM | $4K | 2023 |
| Cade W CameronSCHOLARSHIP | Portales, NM | $4K | 2023 |
| Mattison BlakelySCHOLARSHIP | Portales, NM | $4K | 2023 |
| Briley C NeeceSCHOLARSHIP | Portales, NM | $4K | 2023 |
| Lucero M CanoSCHOLARSHIP | Portales, NM | $4K | 2023 |
| Eric RamirezSCHOLARSHIP | Portales, NM | $3K | 2023 |
| Rae G RuizSCHOLARSHIP | Portales, NM | $3K | 2023 |
| Lane FaverSCHOLARSHIP | Portales, NM | $3K | 2023 |
| Daniel GalvanSCHOLARSHIP | Elida, NM | $3K | 2023 |
| Mckenzie LeeSCHOLARSHIP | Floyd, NM | $3K | 2023 |
| Eli TerrySCHOLARSHIP | Portales, NM | $3K | 2023 |
| Danielle D RuizSCHOLARSHIP | Portales, NM | $3K | 2023 |
| Koelle D BrandenbergerSCHOLARSHIP | Elida, NM | $3K | 2023 |
| Fallon MoodySCHOLARSHIP | Portales, NM | $3K | 2023 |
| Hope Bilbrey SmallSCHOLARSHIP | Elida, NM | $3K | 2023 |
| Jesi L SmithSCHOLARSHIP | Portales, NM | $3K | 2023 |
| Jayce L VictorSCHOLARSHIP | Elida, NM | $3K | 2023 |
| Jaylee BradleySCHOLARSHIP | Ft Sumner, NM | $3K | 2023 |
| Jazmin GarzaSCHOLARSHIP | Portales, NM | $3K | 2023 |
| Cesario RamirezSCHOLARSHIP | Portales, NM | $3K | 2023 |
| Abigail R CameronSCHOLARSHIP | Portales, NM | $3K | 2023 |
| Alyssa McalisterSCHOLARSHIP | Dora, NM | $3K | 2023 |
| Katelynn SkinnerSCHOLARSHIP | Rogers, NM | $2K | 2023 |
| Price PreuitSCHOLARSHIP | Portales, NM | $2K | 2023 |
| Levi VictorSCHOLARSHIP | Elida, NM | $2K | 2023 |
| Carson FrazeSCHOLARSHIP | Portales, NM | $2K | 2023 |
| Catelyn BreshearsSCHOLARSHIP | Portales, NM | $2K | 2023 |
| Conner RooneySCHOLARSHIP | Portales, NM | $2K | 2023 |
| Cree A BarberSCHOLARSHIP | Portales, NM | $2K | 2023 |
| Derek A BeldonSCHOLARSHIP | Portales, NM | $2K | 2023 |
| Francisco LopezSCHOLARSHIP | Portales, NM | $2K | 2023 |
| Ignacio G PerezSCHOLARSHIP | Portales, NM | $2K | 2023 |
| Kaitlyn Shay KircherSCHOLARSHIP | Rogers, NM | $2K | 2023 |
| Lexie L LeeSCHOLARSHIP | Floyd, NM | $2K | 2023 |
| Lydia K BaronSCHOLARSHIP | Elida, NM | $2K | 2023 |
| Mckenzie P LeeSCHOLARSHIP | Floyd, NM | $2K | 2023 |
| Ryan P WallaceSCHOLARSHIP | Portales, NM | $2K | 2023 |
| Ryon HowellSCHOLARSHIP | Elida, NM | $2K | 2023 |
| Travin PriceSCHOLARSHIP | Portales, NM | $2K | 2023 |
| Kenzee RowlandSCHOLARSHIP | Portales, NM | $1K | 2023 |
| Derek BeldenSCHOLARSHIP | Portales, NM | $1K | 2023 |
| Cree A StephensSCHOLARSHIP | Portales, NM | $1K | 2023 |
| Colton M MeltonSCHOLARSHIP | Portales, NM | $1K | 2023 |
| Price PruitSCHOLARSHIP | Portales, NM | $1K | 2023 |