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.
Coral Foundation for Excellence in Education at a glance
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.
- 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)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Coral Foundation for Excellence in Education funds
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 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2023 it made 1 grant totaling $9K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Coral Community Charter School Albuquerque, NM | To Provide Financial Support | $9,015 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $10,465 | $15,813 | $9,015 | 1 | $15,813 | $18 | $290 |
| 2022 | $5,348 | $21,120 | $28,915 | — | — | $28,915 | $17 | $473 |
| 2021 | $13,143 | $-80,537 | $155,095 | — | — | — | $24 | $1,316 |
| 2020 | $1,772,817 | $407,057 | $191,459 | — | — | — | — | — |
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.
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.
Data update history
(5)
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
Live grants for the work Coral Foundation for Excellence in Education funds
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