Coral Foundation for Excellence in Education
Coral Foundation for Excellence in Education is a private foundation, based in Albuquerque, NM. IRS filing data is available from 2020 through 2023. In 2023, it awarded 1 grant totaling $9K. Net investment income was $18.
Key facts about Coral Foundation for Excellence in Education
In short: Coral Foundation for Excellence in Education gave $9K across 1 grant in 2023 (avg $9K), mostly in New Mexico. Source: 2023 IRS Form 990-PF.
- EIN
- 46-0783821
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $9,015
- Grants made (2023)
- 1
- Average grant
- $9,015
- Median grant
- $9,015
- Primary geography
- New Mexico (100% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$9K
Grant Count
1
Avg Grant Size
$9K
Under IRS private-foundation payout rules, Coral Foundation for Excellence in Education reported a distributable amount of $290 for 2023 — the minimum it must pay out in qualifying distributions.
How Coral Foundation for Excellence in Education gives
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Coral Foundation for Excellence in Education?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2023 it made 1 grant totaling $9K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was Coral Community Charter School ($9K).
Grant Size Distribution
1 grants across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Coral Community Charter School Albuquerque, NM | To Provide Financial Support | $9,015 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $5,348 | $13,143 |
| Revenue | $10,465 | $21,120 | $-80,537 |
| Expenses | $15,813 | $28,915 | $155,095 |
| Qualifying Distributions | $15,813 | $28,915 | — |
| Net Investment Income | $18 | $17 | $24 |
| Distributable Amount | $290 | $473 | $1,316 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS January 20, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 24, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 15, 2024)
- IRS filings on file for fiscal years 2020–2023
Leadership & Key People
Officers and directors from IRS filings
Coral Foundation for Excellence in Education is led by Amber Jaramillo, President on every filing since 2020; none of the 4 officers listed in 2023 report compensation.
Officers on the 2023 filing
Amber Jaramillo
President
On filings since 2020
1.5 hrs/week
No compensation reported
Nayamin Cisneros
Executive Director
On filings since 2020
1.5 hrs/week
No compensation reported
Yamavathi Kona
Secretary
On filings since 2021
1.5 hrs/week
No compensation reported
Christina Chavez
Treasurer
On filings since 2022
1.5 hrs/week
No compensation reported
Former officers (5)
- Former: Jessica Alcala (2021–2022) — Director
- Former: Sarah Means (2021–2022) — Vice President
- Former: Janine Erbe-Goff (2020) — Vice President
- Former: Leah Woods (2020) — Treasurer
- Former: Page Chavez (2020) — Director
Data from IRS Form 990 filings, 2020–2023. "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 Coral Foundation for Excellence in Education
How much does Coral Foundation for Excellence in Education give each year?
Coral Foundation for Excellence in Education gave $9K across 1 grant in 2023, according to its 2023 IRS Form 990-PF.
Where does Coral Foundation for Excellence in Education operate?
Coral Foundation for Excellence in Education has awarded grants in New Mexico.
How much is Coral Foundation for Excellence in Education required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Coral Foundation for Excellence in Education reported a distributable amount of $290 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Coral Foundation for Excellence in Education's EIN?
Coral Foundation for Excellence in Education's EIN (Employer Identification Number) is 46-0783821. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Coral Foundation for Excellence in Education by hand.
Explore Open Grants
Browse active grant opportunities in Coral Foundation for Excellence in Education's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Dreamspring
Albuquerque, NM
DreamSpring primarily provides loans, training, and business support to underserved entrepreneurs and small businesses; it does not provide small-business grants directly, and recent filings report no grants. Its typical grant size is not stated; it serves businesses in 27 states, and whether it accepts unsolicited grant requests is not stated.
Assets
$66.4M
Grants
356
Total Given
$4.8M
Santa Fe Community Foundation
Santa Fe, NM
The Santa Fe Community Foundation funds nonprofits working in health and human services, education, civic and economic opportunity, the environment, arts and culture, animal welfare, and other stated focus areas in Santa Fe, Mora, Rio Arriba, and San Miguel counties. Its 2024 grants had a median of about $16,000, and listed spring community awards range from $5,000 to $20,000; the profile does not state whether it accepts unsolicited requests.
Assets
$144.1M
Grants
302
Total Given
$12.4M
Albuquerque Community Foundation
Albuquerque, NM
Albuquerque Community Foundation supports general operating needs across arts and culture, education, environmental preservation, economic development, human services, health, and animal welfare, serving the four-county Greater Albuquerque area. Typical awards are around $16,000 (the 2024 median); its rolling Need to Know Grant suggests requests of $5,000–$10,000. It accepts unsolicited requests through the Need to Know Grant.
Assets
$160.6M
Grants
245
Total Given
$6.9M
PNM TNMP Foundation
Albuquerque, NM
The PNM | TNMP Foundation funds nonprofits working in education, environmental stewardship, economic opportunity, and community resilience, primarily in New Mexico and Texas; its 2026 PNM Power Grant is for eligible New Mexico nonprofits. In 2024, grants ranged from $500 to $75,000, with a median of $5,000. It accepts unsolicited requests through the PNM Power Grant application.
Assets
$14.2M
Grants
169
Total Given
$1.3M
JF Maddox Foundation
Hobbs, NM
The JF Maddox Foundation funds education, community development, and social services projects that benefit residents of Lea County, New Mexico, including work by public charities and government entities. Grants vary widely; its 2024 filing shows a median award of $5,000, and it accepts unsolicited requests through an online application.
Assets
$247.3M
Grants
159
Total Given
$4.2M
Thornburg Foundation
Santa Fe, NM
The Thornburg Foundation supports New Mexico nonprofits working on education, water, land and agriculture, good governance, federal funding, homelessness, and community needs. In 2024, grants ranged from $1,000 to $225,000, with a median of $25,000; most funding went to New Mexico. It does not accept unsolicited requests and funds preselected organizations.
Assets
$179.4M
Grants
144
Total Given
$6.4M
Marshall L and Perrine D McCune
Santa Fe, NM
The foundation funds unrestricted operating support for community-based work benefiting New Mexicans in health, education, the environment, culture, and spiritual life; most of its giving goes to New Mexico. Its 2024 grants ranged from $1,850 to $200,000, with a median of $15,000, and it accepts applications during an annual open cycle.
Assets
$97.6M
Grants
139
Total Given
$3.2M
Central Valley Electric Education
Artesia, NM
Central Valley Electric Education funds college scholarships for active Central Valley Electric Cooperative members and their immediate family members, primarily in New Mexico, with some awards in Texas. In 2024, scholarships ranged from $1,500 to $3,500; the available information describes applications for individual scholarships, not unsolicited requests from organizations.
Assets
$2.9M
Grants
121
Total Given
$327K
Slayton Foundation
Roswell, NM
The Slayton Foundation supports preselected charities in Christian ministry, humanitarian aid, housing, pregnancy services, meals, and children’s care. In 2024, grants ranged from $345 to $101,600, with a median of $7,000; funding was concentrated in Texas and New Mexico, with grants also made in other states. It does not accept unsolicited requests.
Assets
$30.1M
Grants
129
Total Given
$1.5M
Carroll Petrie Foundation
Santa Fe, NM
The Carroll Petrie Foundation funds animal welfare and humane treatment, wildlife protection, habitat conservation, and related environmental work, with a focus on New Mexico and the Southwest. Its 2024 grants ranged from $2,000 to $3,862,500, with a median of $50,000. It funds preselected organizations by invitation only and does not accept unsolicited requests.
Assets
$320.6M
Grants
115
Total Given
$14.2M
Clovis Community College Foundation
Clovis, NM
Assets
$5.7M
Grants
70
Total Given
$54K
Continental Divide Electric Education
Grants, NM
Continental Divide Electric Education funds bachelor’s-degree scholarships for active Continental Divide Electric Cooperative members and their qualifying dependents attending accredited colleges in New Mexico. Awards were typically $2,000–$4,000 in 2025; the profile describes an application process but does not state whether unsolicited requests are accepted.
Assets
$6.8M
Grants
95
Total Given
$262K
More Funders in New Mexico
Coral Foundation for Excellence in Education down — hundreds of funders to go?