Penasco Valley Telephone Education Foundation

ARTESIA, NM EIN: 85-0422272

Penasco Valley Telephone Education Foundation is a private foundation, based in ARTESIA, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $203K in total assets. In 2024, it awarded 36 grants totaling $40K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$203K

-46.6% YoY

Annual Giving

$40K

+11.1% YoY

Grant Count

36

+2.9% YoY

Avg Grant Size

$1K

+8.0% YoY

About Penasco Valley Telephone Education Foundation

Based on IRS filings

Penasco Valley Telephone Education Foundation is a private foundation, based in ARTESIA, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $203K in total assets. In 2024, it awarded 36 grants totaling $40K. Net investment income was $8K.

Ready to take the next step with Penasco Valley Telephone Education Foundation?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AlbuquerqueArtesiaAuroraCarlsbadCloudcroftGlencoeHagermanHondoHopeLake ArthurLas CrucesLoco HillsLubbockMayhillPinonRoswellSan PatricioTinnie

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$11K$22K$34K$45K20202021202220232024
Metric202420232022
Total Assets$203,139$380,534$407,744
Revenue$9,376$7,717$2,514
Expenses$40,671$36,027$31,600
Qualifying Distributions$40,000$36,000$31,586
Net Investment Income$8,062$7,047$1,907
Distributable Amount$17,395$19,083$20,391

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K37 grants202042 grants202139 grants202235 grants202336 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Diego Gallegos$2KGuiselle Guillen$2KJesi Watson$2KJosue Varelas$2KJustin Weddige$2KKagen Watson$2KPaydon Kniepkamp$2KPayton Deans$2KShanna Elkins$2KZane Skinner$2K

Grant Size Distribution

189 grants across all recorded years

189<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
Dwight MenefeePresident1
Mark KincaidVice-President1
Carol GuiterrezSecretary1
Stetson ElkinsTreasurer1
Mike CasabonneDirector1
Roxann SalleeDirector1
Ronald HoughtalingDirector1
Frank SisnerosDirector1
Mark MarleyDirector1

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Penasco Valley Telephone Education Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities