El Deseo Foundation

Foundation · Grantmaker Santa Fe, NM EIN: 75-3017775

El Deseo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Santa Fe, NM. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $831K in total assets. In 2025, it awarded 7 grants totaling $36K. Net investment income was $91K.

Key facts about El Deseo Foundation

EIN: 75-3017775
Latest 990 filing: Form 990-PF, 2025
Annual giving (2025): $36,000
Grants made (2025): 7
Average grant: $5,143
Median grant: $2,000
Total assets: $831,155
Primary geography: New Mexico (78% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Who El Deseo Foundation funds

By grant dollars, the top recipient states for El Deseo Foundation's 7 itemized 2025 grants were New Mexico (78%), Colorado (14%) and Indiana (6%). The most frequent recipient cities were Santa Fe, NM (4 grants). 100% of grants with a stated purpose were for general or operating support.

How El Deseo Foundation gives

Giving fell 45% from 2022 to 2025. Method
In 2025 it paid out 94% 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 El Deseo Foundation

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$831K

+7.1% YoY

Annual Giving

$36K

-5.3% YoY

Grant Count

+16.7% YoY

Avg Grant Size

$5K

-18.8% YoY

Under IRS private-foundation payout rules, El Deseo Foundation reported a distributable amount of $38K for 2025 — the minimum it must pay out in qualifying distributions.

About El Deseo Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Mexico $28K (78%)

Colorado $5K (14%)

Indiana $2K (6%)

District of Columbia $1K (3%)

Share of all 7 itemized 2025 grant dollars.

States

Arizona Colorado District of Columbia Indiana New Mexico New York

Cities

Santa FeBreckenridgeSouthbendNew YorkColorado SpringsIthicaLovelandPhoenixWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$831,155	$776,172	$802,183
Revenue	$94,751	$15,216	$26,964
Expenses	$39,768	$41,227	$46,130
Qualifying Distributions	$36,000	$38,000	$44,000
Net Investment Income	$90,983	$28,009	$34,202
Distributable Amount	$38,315	$39,832	$40,959

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2020–2025

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

Grant Size Distribution

39 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Nature Conservancy of New Mexico ($20,000), Breckenridge Arts District ($5,000), The Food Depot ($5,000).

Recipient	Purpose	Amount
NATURE CONSERVANCY OF NEW MEXICO Santa Fe, NM	GENERAL PURPOSE	$20,000
BRECKENRIDGE ARTS DISTRICT Breckenridge, CO	GENERAL FUND	$5,000
THE FOOD DEPOT Santa Fe, NM	GENERAL FUND	$5,000
SOUTH BEND TABLE TENNIS Southbend, IN	GENERAL FUND	$2,000
KITCHEN ANGELS Santa Fe, NM	GENERAL FUND	$2,000
SANTA FE BOTANICAL GARDEN Santa Fe, NM	GENERAL FUND	$1,000
WORLD CENTRAL KITCHEN Washington, DC	GENERAL FUND	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2025 IRS filing

Name	Title	Hours	Compensation
Jon Redman	President/Treas	—	—
Colleen Redman	V.P./Secretary	—	—
Margaret Evans	Director	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is El Deseo Foundation?

El Deseo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Santa Fe, NM. It holds $831K in total assets as of 2025.

How large is El Deseo Foundation?

As of 2025, El Deseo Foundation holds $831K in total assets with $95K in annual revenue. It awarded 7 grants totaling $36K in 2025.

Where does El Deseo Foundation operate?

El Deseo Foundation has awarded grants in Arizona, Colorado, District of Columbia, Indiana, New Mexico, New York.

What size grants does El Deseo Foundation award?

In 2025, El Deseo Foundation awarded 7 grants totaling $36K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is El Deseo Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, El Deseo Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.