Farmers Electric Education Foundation
The Farmers Electric Education Foundation is a private nonoperating foundation established in 1986 by members of Farmers' Electric Cooperative, Inc. of New Mexico. Based in Clovis, New Mexico, the foundation awards college scholarships to support higher education for cooperative members and their families.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+19.9% YoY
Annual Giving
$88K
+0.0% YoY
Grant Count
58
+0.0% YoY
Avg Grant Size
$2K
+0.0% YoY
Mission & Focus Areas
The foundation awards college scholarships to members and immediate family members of members of Farmers' Electric Cooperative, Inc. of New Mexico. The foundation is committed to supporting higher education through sustainable funding mechanisms.
Grantmaking
The foundation offers two types of scholarships:
Review Cycle
.
How to Apply
**
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Geographic Focus
Where this funder awards grants
Clovis, New Mexico and surrounding service areas of Farmers' Electric Cooperative, Inc. of New Mexico, including Fort Sumner and Santa Rosa.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2023:
- Total Assets: $1,655,507
- Total Giving: $88,000
Historical Impact:
Through 2025, the foundation has awarded 1,563 scholarships totaling $1,272,788.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,985,263 | $1,655,507 | $1,482,332 |
| Revenue | $282,807 | $82,495 | $103,031 |
| Expenses | $90,933 | $90,917 | $63,812 |
| Qualifying Distributions | $88,850 | $88,876 | $59,851 |
| Net Investment Income | $87,775 | $62,706 | $70,531 |
| Distributable Amount | $90,161 | $74,607 | $51,130 |
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
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL WEST | PRESIDENT | 0.31 | — |
| GEORGE DODGE | VICE PRESIDENT | 0.31 | — |
| DONNIE BIDEGAIN | SECRETARY/TREASURER | 0.31 | — |
| PAT WOODS | DIRECTOR | 0.31 | — |
| JUDY SMITH | DIRECTOR | 0.31 | — |
| JUSTIN BARNES | DIRECTOR | 0.31 | — |
| JUBAL PIERCE | DIRECTOR | 0.31 | — |
Contact Information
- Address: PO Box 550, Clovis, NM 88102-0550
- Phone: 575-762-4466
- Email: thom@fecnm.org
- Website: www.fecnm.org/scholarships-1
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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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