Central Valley Electric Education
Central Valley Electric Education is a private foundation based in Artesia, New Mexico. Its 2024 filing describes direct charitable activity as providing scholarships to members of Central Valley Electric Cooperative and their children for study at accredited colleges or universities.
Central Valley Electric Education at a glance
In short: Central Valley Electric Education gave $327K across 121 grants in 2024 (avg $3K), mostly in New Mexico. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $326,500
- +17.7% vs 2023
- Grants made (2024)
- 121
- +0.8% vs 2023
- Average grant
- $2,698
- +16.7% vs 2023
- Median grant
- $3,500
- Total assets
- $2,900,885
- +9.4% vs 2023
- Primary geography
- New Mexico (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Central Valley Electric Education
- How to Apply
-
The 2024 filing directs applicants to submit materials to the Education Foundation and says the application can be downloaded from the cooperative’s scholarship webpage. The filing’s deadline of April 15, 2024, is a past cycle. The cooperative website lists April 15 as the annual application deadline.
- Contact
Application contact: Mike Anderson Central Vally Electri
Mailing address: PO Box 230, Artesia, NM 88211-0230
Phone: (575) 746-3571
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Central Valley Electric Education funds
How this funder distributes its grants
Grant Size Distribution
674 grants across all recorded years
The most common grant size was under $50K: 674 grants of 674 (100%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that 99% of grant dollars went to recipients in New Mexico and 1% to recipients in Texas. All of the largest listed 2024 awards went to individual recipients in New Mexico.
Grant Distribution by State
Share of 2024 grant dollars across all 121 itemized grants.
States
Cities
How Central Valley Electric Education gives
- Giving held roughly steady from 2021 to 2024 (−3%). Method
- In 2024 it paid out 255% 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 2020 to 2024, annual grant giving ranged from $278K (2023) to $356K (2020). In 2024 it made 121 grants totaling $327K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 50 individual scholarships Recipients not named | — | $175,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,900,885 | $566,468 | $397,318 | $326,500 | 121 | $328,776 | $118,260 | $128,790 |
| 2023 | $2,651,034 | $583,198 | $259,372 | $277,500 | 120 | $279,629 | $97,336 | $109,940 |
| 2022 | $2,357,497 | $376,004 | $295,328 | $312,000 | 140 | $314,358 | $24,649 | $108,742 |
| 2021 | $2,300,527 | $437,803 | $338,166 | $336,000 | 148 | $337,876 | $3,466 | $99,446 |
| 2020 | $2,199,993 | $830,064 | $330,645 | $355,500 | 145 | — | $22,037 | $96,281 |
Under IRS private-foundation payout rules, Central Valley Electric Education reported a distributable amount of $129K for 2024 — 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 stated charitable activity is scholarships for up to eight semesters of undergraduate study at an accredited college or university. Central Valley Electric Cooperative’s website says scholarships are available to active members receiving metered service and their dependents. The foundation’s 2024 filing describes eligibility as available to active members and their immediate family.
Grantmaking
In 2024, the foundation made 121 grants totaling $326,500. Grant amounts ranged from $1,500 to $3,500, with a median of $3,500. The largest listed awards were $3,500 scholarships to individual recipients in New Mexico.
The 2024 filing says scholarship applicants should submit a completed and signed application, at least three recommendation letters from high school staff, and an official transcript. Renewal applicants must submit a renewal form and a current official transcript. The filing states that applicants must meet the eligibility requirements, maintain a 2.5 GPA on a 4.0 scale, be full-time students, demonstrate good character and a coherent degree plan, and be willing to pursue higher education. Awards are one-year scholarships, with amounts determined annually based on available funds and applicant eligibility. The cooperative website says recipients must reapply each year.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Charles G. Wagner as president, Michael Bennett as vice president, and Wesley R. Pilley as secretary/treasurer.
Central Valley Electric Education is led by Charles G. Wagner, President since 2021 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Charles G. Wagner
President
Trustee → President, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Michael Bennett
Vice President
Trustee → Vice President, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Wesley R. Pilley
Secretary & Treasurer
Trustee → Secretary & Treasurer, 2021
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: Charles T. Pinson Jr. (2020) — Administrator
Data from IRS Form 990 filings, 2020–2024. "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 Valley Electric Education
How much does Central Valley Electric Education give each year?
Central Valley Electric Education gave $327K across 121 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $278K across 120 grants.
What is Central Valley Electric Education's typical grant size?
Central Valley Electric Education's median grant in 2024 was $3,500, and its average grant was $2,698, across 121 grants on its 2024 IRS Form 990-PF.
Where does Central Valley Electric Education give grants?
Central Valley Electric Education gives mostly in New Mexico: 99% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Central Valley Electric Education give general operating support?
Not in 2024: none of the 121 grants with a stated purpose on Central Valley Electric Education's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Scholarship" (121 grants).
How large is Central Valley Electric Education?
Central Valley Electric Education reported $2.9M in total assets on its 2024 IRS Form 990-PF. It paid out $329K in qualifying distributions that year, against a required minimum of $129K (roughly 5% of its investment assets).
What does Central Valley Electric Education fund?
The foundation’s stated charitable activity is scholarships for up to eight semesters of undergraduate study at an accredited college or university. Central Valley Electric Cooperative’s website says scholarships are available to active members receiving metered service and their dependents. See mission & focus areas ↑
How do I apply for a grant from Central Valley Electric Education?
The 2024 filing directs applicants to submit materials to the Education Foundation and says the application can be downloaded from the cooperative’s scholarship webpage. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Central Valley Electric Education's EIN?
Central Valley Electric Education's EIN (Employer Identification Number) is 85-0323120. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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