Lea County Electric Education Foundation logo

Lea County Electric Education Foundation

Private foundation · Grantmaker Lovington, NM EIN: 85-0351147 Website

LEA COUNTY ELECTRIC EDUCATION FOUNDATION is a private foundation based in Lovington, New Mexico. It supports education through scholarships for eligible students connected to Lea County Electric Cooperative and classroom-project grants for teachers in the cooperative’s service territory.

Key facts about Lea County Electric Education Foundation

In short: Lea County Electric Education Foundation gave $404K across 52 grants in 2025 (avg $8K), mostly in New Mexico. Source: 2025 IRS Form 990-PF.

EIN
85-0351147
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$404,181
Grants made (2025)
52
Average grant
$7,773
Median grant
$8,000
Total assets
$4,334,306
Primary geography
New Mexico (80% of itemized 2025 grant dollars)
How to apply
Scholarship applications are submitted by mail or in person at an LCEC office, following the application requirements and deadline. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.3M

+18.7% YoY

Annual Giving

$404K

+6.8% YoY

Grant Count

52

-1.9% YoY

Avg Grant Size

$8K

+8.9% YoY

Under IRS private-foundation payout rules, Lea County Electric Education Foundation reported a distributable amount of $165K for 2025 — the minimum it must pay out in qualifying distributions.

How Lea County Electric Education Foundation gives

  • Giving grew 147% from 2022 to 2025. Method
  • In 2025 it paid out 246% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The Foundation’s stated scholarship objective is to assist people who wish to further their education and prepare for future employment. Its stated charitable activities also include college scholarships for members of Lea County Electric Cooperative, Inc., and their immediate families, and the Bright Ideas program, which funds innovative classroom projects.

Bright Ideas grants are for K–12 classroom projects in the cooperative’s six-county service area. Projects may address any subject and must benefit students; grants are not for professional development or class trips. The maximum award is $2,000 per project.

Grantmaking

In filing year 2024, the Foundation reported 53 grants totaling $378,304. Grant amounts ranged from $375 to $8,000, with a median of $8,000. The largest listed awards were $8,000 scholarships to Osmar Abrego, Ricardo Aceves, Nelson Avila, Karol Baez-Rodriguez, Kiley Barrera, Marco Borunda, Elizabeth Buendia, Joshua Carrasco, Ealan Clayton, Angelina Corral, Ryan Esparza, and Angel Flores.

Review Cycle

of the third Friday in January; the website gives January 16, 2026, as the deadline for the 2026 fall-semester application. Bright Ideas applications must be typed and received by the last Friday in August; the program page specifies use of the 2025 form and requires awardees to report on project outcomes.

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Geographic Focus

Where this funder awards grants

Scholarship eligibility is tied to residence in a county served by Lea County Electric Cooperative. Scholarship recipients may attend an accredited institution anywhere in the United States. In the 2024 filing, 87% of grant dollars went to recipients in New Mexico and 13% to recipients in Texas. Bright Ideas is for teachers in the cooperative’s six-county service area.

Grant Distribution by State

2states

Share of 2025 grant dollars across all 52 itemized grants.

Cities

LovingtonPlainsTatumDenver CityHobbsLovingtomSeminole

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K67 grants2020 64 grants2021 31 grants2022 33 grants2023 53 grants2024 52 grants2025

From 2020 to 2025, annual grant giving ranged from $164K (2022) to $404K (2025). In 2025 it made 52 grants totaling $404K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Paola Gallegos: $8KPaola Gallegos$8KAlejandro Preciado: $8KAlejandro Preciado$8KAlexis De Haro: $8KAlexis De Haro$8KAlyse Benard: $8KAlyse Benard$8KAmerica Valdiviez: $8KAmerica Valdiviez$8KAmy Martinez: $8KAmy Martinez$8KAva Amundsen: $8KAva Amundsen$8KAzul Salcido: $8KAzul Salcido$8KBrailley Rogers: $8KBrailley Rogers$8KBrett Boyles: $8KBrett Boyles$8K

The largest 2025 recipient was Paola Gallegos ($8K). Together the top 10 received $80K.

Grant Size Distribution

233 grants across all recorded years

233<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 233 grants of 233 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Paola Gallegos Plains, TXScholarship$8,375
Alejandro Preciado Lovington, NMScholarship$8,000
Alexis De Haro Lovington, NMScholarship$8,000
Alyse Benard Lovington, NMScholarship$8,000
America Valdiviez Lovington, NMScholarship$8,000
Amy Martinez Lovington, NMScholarship$8,000
Ava Amundsen Lovington, NMScholarship$8,000
Azul Salcido Lovington, NMScholarship$8,000
Brailley Rogers Lovington, NMScholarship$8,000
Brett Boyles Seminole, TXScholarship$8,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant sum Grant count
2024 $3,651,887 $1,129,283 $415,296 $378,304 53
2023 $2,735,575 $934,872 $272,735 $249,500 33
2022 $1,908,025 $425,152 $173,470 $163,625 31
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$4,334,306$3,651,887$2,735,575
Revenue$915,832$1,129,283$934,872
Expenses$447,030$415,296$272,735
Qualifying Distributions$406,305$383,128$250,241
Net Investment Income$149,108$86,471$80,990
Distributable Amount$165,285$108,673$92,612

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 22, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists John Graham as president; Robert Caudle as vice-president; Dan Hardin as secretary-treasurer; and Kenny Wallace, Travis Glenn, Randall McCormick, C J Kinsolving, Charles Garner, and Jason Swann as trustees.

Lea County Electric Education Foundation is led by John Graham, President on every filing since 2020; none of the 9 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • John Graham

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • C. J. Kinsolving

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Charles Garner

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jason Swann

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kenny Wallace

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Randall McCormick

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Travis Glenn

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Dan Hardin

    Secretary - Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert Caudle

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Lea County Electric Education Found
Mailing address: Po Drawer 1447, Lovington, NM 88260
Phone: (575) 396-3631
Website: https://lcecnet.com/scholarship-program

Frequently asked questions about Lea County Electric Education Foundation

How much does Lea County Electric Education Foundation give each year?

Lea County Electric Education Foundation gave $404K across 52 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $378K across 53 grants.

What is Lea County Electric Education Foundation's typical grant size?

Lea County Electric Education Foundation's median grant in 2025 was $8,000, and its average grant was $7,773, across 52 grants on its 2025 IRS Form 990-PF.

Where does Lea County Electric Education Foundation give grants?

Lea County Electric Education Foundation gives mostly in New Mexico: 80% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Texas (20%). The most frequent recipient cities were Lovington, NM (36 grants), Plains, TX (9 grants) and Tatum, NM (6 grants).

Does Lea County Electric Education Foundation give general operating support?

Not in 2025: none of the 52 grants with a stated purpose on Lea County Electric Education Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (50 grants).

Who are Lea County Electric Education Foundation's largest grantees?

Lea County Electric Education Foundation's largest 2025 grantees include Paola Gallegos ($8,375), Alejandro Preciado ($8,000) and Alexis De Haro ($8,000), according to its 2025 IRS Form 990-PF. Together they received 6% of its itemized 2025 grant dollars.

How large is Lea County Electric Education Foundation?

Lea County Electric Education Foundation reported $4.3M in total assets on its 2025 IRS Form 990-PF. It paid out $406K in qualifying distributions that year, against a required minimum of $165K (roughly 5% of its investment assets).

What does Lea County Electric Education Foundation fund?

The Foundation’s stated scholarship objective is to assist people who wish to further their education and prepare for future employment. See mission & focus areas ↑

How do I apply for a grant from Lea County Electric Education Foundation?

Scholarship applications are submitted by mail or in person at an LCEC office, following the application requirements and deadline. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Lea County Electric Education Foundation's EIN?

Lea County Electric Education Foundation's EIN (Employer Identification Number) is 85-0351147. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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