Central New Mexico Electric Education
Central New Mexico Electric Education is a private foundation based in Moriarty, New Mexico. Its 2025 filing describes college scholarships for eligible members of Central New Mexico Electric Cooperative or their immediate families, as well as Washington, D.C. educational trips for high school students in the cooperative’s service area.
Central New Mexico Electric Education at a glance
In short: Central New Mexico Electric Education gave $104K across 28 grants in 2025 (avg $4K), mostly in New Mexico. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $103,750
- +19.9% vs 2024
- Grants made (2025)
- 28
- +3.7% vs 2024
- Average grant
- $3,705
- +15.7% vs 2024
- Median grant
- $2,500
- Total assets
- $549,385
- -18.5% vs 2024
- Primary geography
- New Mexico (96% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to Central New Mexico Electric Education
- How to Apply
-
Submit scholarship applications to the Education Foundation by mail or through the application available on the cooperative’s website.
- Review Cycle
- January 20. The deadline for the 2026 scholarship application cycle has passed.
- Deadline
- January 20.
- Contact
Application contact: Morgan Bond Co Central New Mexico E
Mailing address: PO Box 669, Moriarty, NM 87035
Phone: (505) 847-1008
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Central New Mexico Electric Education funds
How this funder distributes its grants
Grant Size Distribution
167 grants across all recorded years
The most common grant size was under $50K: 167 grants of 167 (100%).
Geographic Focus
Where this funder awards grants
The 2025 filing shows grant dollars going to recipients in New Mexico and Texas, with 96% going to New Mexico. Scholarship eligibility is tied to dependents of members receiving service from Central New Mexico Electric Cooperative. The foundation’s reported Washington, D.C. trip activity is for high school juniors residing in the cooperative’s service area.
Grant Distribution by State
Share of 2025 grant dollars across all 28 itemized grants.
States
Cities
How Central New Mexico Electric Education gives
- Giving grew 44% from 2022 to 2025. Method
- In 2025 it paid out 495% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $14K (2019) to $104K (2025). In 2025 it made 28 grants totaling $104K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 28 individual scholarships Recipients not named | — | $103,750 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $549,385 | $36,219 | $160,590 | $103,750 | 28 | $152,413 | $27,083 | $30,769 |
| 2024 | $673,756 | $138,645 | $128,113 | $86,500 | 27 | $118,987 | $26,335 | $35,037 |
| 2023 | $663,224 | $125,015 | $100,008 | $61,500 | 45 | $92,100 | $13,223 | $29,680 |
| 2022 | $638,217 | $289,643 | $80,742 | $72,000 | 36 | $72,713 | $7,563 | $28,669 |
| 2021 | $429,316 | $74,611 | $36,891 | $30,000 | 31 | $30,675 | $16,422 | $20,556 |
| 2020 | $391,596 | $76,814 | $22,140 | $16,400 | 19 | — | $26,009 | $17,713 |
| 2019 | $336,922 | $57,015 | $29,044 | $13,500 | 19 | — | $6,799 | $16,066 |
Under IRS private-foundation payout rules, Central New Mexico Electric Education reported a distributable amount of $31K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s reported charitable activities are scholarships for higher education and sponsorship of educational trips to Washington, D.C. The cooperative’s website says its scholarship program supports high school seniors intending to continue their education, with the amount and number of scholarships depending on available funds in its Education Foundation Fund.
The cooperative’s website also says it supports nonprofit organizations and individuals in its service territory through a separate sponsorship and donation application process. Requests are judged based on need, justification, and worthiness, and support depends on the current year’s budget.
Grantmaking
In 2025, the foundation reported 28 grants totaling $103,750. The grants ranged from $2,500 to $10,000, with a median of $2,500. The listed 2025 grants were scholarships to individual recipients; 96% of grant dollars went to recipients in New Mexico and 4% to recipients in Texas. The foundation also reported sponsoring Washington, D.C. trips for several high school juniors in its service area.
Scholarships are one-year awards in amounts set annually by the Education Foundation. Applicants must be dependents of members receiving service from the cooperative and use the funds toward a degree at an accredited higher education institution or vocational or technical school. Scholarships may be renewed up to three times after the first year. Renewal applicants must provide a current college transcript. Selection is based on academic accomplishments and character.
The filing lists a completed and signed application, at least three recommendation letters from a professional resource or community leader, an official school transcript, SAT or ACT results, and an applicant appraisal form completed by a high school counselor, instructor, or work supervisor. The cooperative’s website lists a 2026 scholarship application and renewal form.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Santos Tapia Jr. as president; Wayne Connell as vice president; Bill King as secretary; Lisa Gardner as assistant secretary; Joseph Vicente as treasurer; and Kenneth Lujan, Rick Anaya, and Duane Frost as trustees.
Central New Mexico Electric Education is led by Santos Tapia Jr., President since 2025 (on filings since 2019); none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Santos Tapia Jr.
President
Trustee → President, 2025
On filings since 2019
1 hr/week
No compensation reported
Duane Frost
Trustee
President → Trustee, 2025
On filings since 2019
1 hr/week
No compensation reported
Kenneth Lujan
Trustee
On filings since 2023
1 hr/week
No compensation reported
Rick Anaya
Trustee
On filings since 2023
1 hr/week
No compensation reported
Bill King
Secretary
On filings since 2019
1 hr/week
No compensation reported
Joseph Vicente
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Lisa Gardner
Assistant Secretary
Trustee → Assistant Secretary, 2023
On filings since 2019
1 hr/week
No compensation reported
Wayne Connell
Vice President
On filings since 2019
1 hr/week
No compensation reported
Former officers (2)
- Former: Mike Valdez (2019–2022) — Trustee
- Former: Phil Wallin (2019–2022) — Assistant Secretary
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Central New Mexico Electric Education
How much does Central New Mexico Electric Education give each year?
Central New Mexico Electric Education gave $104K across 28 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $87K across 27 grants.
What is Central New Mexico Electric Education's typical grant size?
Central New Mexico Electric Education's median grant in 2025 was $2,500, and its average grant was $3,705, across 28 grants on its 2025 IRS Form 990-PF.
Where does Central New Mexico Electric Education give grants?
Central New Mexico Electric Education gives mostly in New Mexico: 96% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.
Does Central New Mexico Electric Education give general operating support?
Not in 2025: none of the 28 grants with a stated purpose on Central New Mexico Electric Education's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (28 grants).
How large is Central New Mexico Electric Education?
Central New Mexico Electric Education reported $549K in total assets on its 2025 IRS Form 990-PF. It paid out $152K in qualifying distributions that year, against a required minimum of $31K (roughly 5% of its investment assets).
What does Central New Mexico Electric Education fund?
The foundation’s reported charitable activities are scholarships for higher education and sponsorship of educational trips to Washington, D.C. See mission & focus areas ↑
How do I apply for a grant from Central New Mexico Electric Education?
Submit scholarship applications to the Education Foundation by mail or through the application available on the cooperative’s website. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Central New Mexico Electric Education's EIN?
Central New Mexico Electric Education's EIN (Employer Identification Number) is 85-0366030. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS February 27, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
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