Continental Divide Electric Education
Continental Divide Electric Education Foundation is a private foundation based in Grants, New Mexico. Established in 1988, the foundation operates as a non-operating 501(c)(3) organization with no paid staff. The foundation is affiliated with Continental Divide Electric Cooperative and focuses exclusively on educational scholarships for cooperative members and their families.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
-1.7% YoY
Annual Giving
$270K
+6.3% YoY
Grant Count
95
+9.2% YoY
Avg Grant Size
$3K
-2.7% YoY
Mission & Focus Areas
The foundation's primary mission is to award college scholarships to active members and immediate family members of active members of Continental Divide Electric Cooperative, Inc. who are attending institutions in Arizona or New Mexico.
Grantmaking
Grant Range
$2,000
Average Grant
amount: approximately $3,000
Review Cycle
March 31
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated in New Mexico, with scholarships supporting members attending colleges in New Mexico and Arizona.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount | Year |
|---|---|---|
| Total Assets | $4,799,524 | 2024 |
| Annual Revenue | $261,341 | 2024 |
| Total Expenses | $334,680 | 2024 |
| Investment Income | $160,150 | 2024 |
| Net Gain from Asset Sales | $101,191 | 2024 |
Asset Growth: Total assets have grown from $3.1 million in 2011 to $4.8 million in 2024.
Annual Distribution: The foundation has distributed between $250,000 and $270,000 annually in recent years.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,799,524 | $4,882,030 | $4,983,647 |
| Revenue | $261,341 | $217,155 | $322,067 |
| Expenses | $334,680 | $320,054 | $321,445 |
| Qualifying Distributions | $278,375 | $270,591 | $266,773 |
| Net Investment Income | $209,382 | $169,964 | $271,028 |
| Distributable Amount | $291,511 | $266,433 | $282,177 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by three officers and trustees:
| Name | Title |
|---|---|
| Keith Gottlieb | President |
| Claudio Romero | Vice President |
| Joe Hoskins | Secretary/Treasurer |
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEITH GOTTLIEB | PRESIDENT | 1 | $859 |
| CLAUDIO ROMERO | VICE PRESIDENT | 1 | $926 |
| JOE HOSKINS | SECRETARY/TREASURER | 1 | $913 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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