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.
Key facts about Continental Divide Electric Education
- EIN
- 85-0365720
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $270,000
- Grants made (2024)
- 95
- Average grant
- $2,842
- Median grant
- $2,000
- Total assets
- $4,799,524
- Primary geography
- New Mexico (100% of itemized 2024 grant dollars)
- How to apply
- Application deadline: March 31. Full details ↓
- Deadline
- March 31
Data from IRS Form 990-PF, 2024; updated June 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Continental Divide Electric Education funds
By grant dollars, the top recipient states for Continental Divide Electric Education's 95 itemized 2024 grants were New Mexico (100%). The most frequent recipient cities were Grants, NM (44 grants), Milan, NM (6 grants), Prewitt, NM (6 grants) and Gallup, NM (5 grants). None of its 95 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship" (95 grants).
How Continental Divide Electric Education gives
- Giving held roughly steady from 2021 to 2024 (+7%). Method
- In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Continental Divide Electric Education
- How to evaluate Continental Divide Electric Education as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Continental Divide Electric Education with AI
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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
Under IRS private-foundation payout rules, Continental Divide Electric Education reported a distributable amount of $292K for 2024 — the minimum it must pay out in qualifying distributions.
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
**
Ready to take the next step with Continental Divide Electric Education?
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
Share of all 95 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
443 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Hernandez Isaiah ($6,000), Armijo Luis J ($4,000), Atwater-Caballero Alexis ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HERNANDEZ ISAIAH Grants, NM | SCHOLARSHIP | $6,000 |
| ARMIJO LUIS J Milan, NM | SCHOLARSHIP | $4,000 |
| ATWATER-CABALLERO ALEXIS Grants, NM | SCHOLARSHIP | $4,000 |
| AUTREY ROXANNE N Grants, NM | SCHOLARSHIP | $4,000 |
| BACA TAYLOR Grants, NM | SCHOLARSHIP | $4,000 |
| BACA VICTORIA Grants, NM | SCHOLARSHIP | $4,000 |
| BRATZEL KOLTON A Grants, NM | SCHOLARSHIP | $4,000 |
| CANABA JOSHUA Milan, NM | SCHOLARSHIP | $4,000 |
| CHAVEZ EBONY Grants, NM | SCHOLARSHIP | $4,000 |
| CODY NICHOLE Thoreau, NM | SCHOLARSHIP | $4,000 |
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 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Keith Gottlieb | President | 1 | $859 |
| Claudio Romero | Vice President | 1 | $926 |
| Joe Hoskins | Secretary/Treasurer | 1 | $913 |
Frequently Asked Questions
What does Continental Divide Electric Education fund?
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.
How do I apply for a grant from Continental Divide Electric Education?
Application deadline: March 31. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Continental Divide Electric Education make grants?
The foundation's grantmaking is concentrated in New Mexico, with scholarships supporting members attending colleges in New Mexico and Arizona.
What size grants does Continental Divide Electric Education award?
In 2024, Continental Divide Electric Education awarded 95 grants totaling $270K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Continental Divide Electric Education required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Continental Divide Electric Education reported a distributable amount of $292K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Continental Divide Electric Education's EIN?
Continental Divide Electric Education's EIN (Employer Identification Number) is 85-0365720. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.