Questa Economic Development Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in QUESTA, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 2 grants totaling $35K. Net investment income was $171K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
Annual Giving
$35K
Grant Count
2
Avg Grant Size
$17K
About Questa Economic Development Fund
Based on IRS filings
Questa Economic Development Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in QUESTA, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 2 grants totaling $35K. Net investment income was $171K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $4,289,623 | $3,576,329 | $3,387,993 |
| Revenue | $736,063 | $80,568 | $420,353 |
| Expenses | $460,872 | $46,604 | $435,685 |
| Qualifying Distributions | $458,186 | $16,527 | — |
| Net Investment Income | $170,769 | $64,883 | $43,340 |
| Distributable Amount | $156,874 | $24,553 | $165,386 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
5 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 |
|---|---|---|---|
| MALAQUIAS RAEL JR | CHAIRMAN | 3 | — |
| JOHN ORTEGA | TRUSTEE | 1 | — |
| BRENT JARAMILLO | SECRETARY/TREASURER | 1 | — |
| LOUIS HERRERA | TRUSTEE | 1 | — |
| MARCUS RAEL JR | TRUSTEE | 2 | — |
| GABRIEL HERRERA | NON-VOTING MEMBER | 3 | — |
| MICHAEL GAILLOUR | NON-VOTING MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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