Roosevelt County Electric Education logo

Roosevelt County Electric Education

Private foundation · Grantmaker Portales, NM EIN: 85-0350615 Website

Roosevelt County Electric Education is a private foundation based in Portales, New Mexico. It supports education through scholarships for eligible members and family members of Roosevelt County Electric Cooperative.

Key facts about Roosevelt County Electric Education

In short: Roosevelt County Electric Education gave $162K across 68 grants in 2024 (avg $2K), mostly in New Mexico. Source: 2024 IRS Form 990-PF.

EIN
85-0350615
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$161,750
Grants made (2024)
68
Average grant
$2,379
Median grant
$2,750
Total assets
$2,265,964
Primary geography
New Mexico (98% of itemized 2024 grant dollars)
How to apply
Submit the appropriate completed and signed scholarship application and required supporting materials to the cooperative’s Member Services Department. Full details ↓
Deadline
The current scholarship materials list a deadline of 5:00 p.m.

Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3M

+12.3% YoY

Annual Giving

$162K

+19.4% YoY

Grant Count

68

+3.0% YoY

Avg Grant Size

$2K

+15.9% YoY

Under IRS private-foundation payout rules, Roosevelt County Electric Education reported a distributable amount of $105K for 2024 — the minimum it must pay out in qualifying distributions.

How Roosevelt County Electric Education gives

  • Giving grew 56% from 2021 to 2024. Method
  • In 2024 it paid out 161% 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 program objective is to assist people who want to further their education and prepare for the future employment marketplace. Its filing describes college scholarships for active cooperative members and their immediate family members, as well as Youth Tour scholarships for active members and/or their immediate family members.

Grantmaking

In 2024, the foundation gave 68 grants totaling $161,750. Grant amounts ranged from $1,000 to $4,250, with a median of $2,750. The listed largest awards were scholarships, including $4,250 each to Ali May Terry, Catelyn Breshears, Jaeden Hays, Kenzee Rowland, Rae Ruiz, Ryon Howell, and Travin Price, all in Portales, New Mexico. Avery Pipkin of Farwell, Texas, received a listed scholarship of $2,750.

Review Cycle

The current scholarship materials list a deadline of 5:00 p.m. on January 30, 2026.

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Geographic Focus

Where this funder awards grants

In 2024, 98% of grant dollars went to recipients in New Mexico and 2% to recipients in Texas. The listed 2024 scholarship recipients include people in Portales, New Mexico, and Farwell, Texas.

Grant Distribution by State

2states

Share of 2024 grant dollars across all 68 itemized grants.

Cities

PortalesElidaFloydRogersDoraFt SumnerFarwellTexico

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K33 grants2020 47 grants2021 51 grants2022 66 grants2023 68 grants2024

From 2020 to 2024, annual grant giving ranged from $61K (2020) to $162K (2024). In 2024 it made 68 grants totaling $162K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Ali May Terry: $4KAli May Terry$4KCatelyn Breshears: $4KCatelyn Breshears$4KJaeden Hays: $4KJaeden Hays$4KKenzee Rowland: $4KKenzee Rowland$4KRAE Ruiz: $4KRAE Ruiz$4KRyon Howell: $4KRyon Howell$4KTravin Price: $4KTravin Price$4KBowdy Neece: $3KBowdy Neece$3KCody Webster: $3KCody Webster$3KJoshua Soto: $3KJoshua Soto$3K

The largest 2024 recipient was Ali May Terry ($4K). Together the top 10 received $40K.

Grant Size Distribution

265 grants across all recorded years

265<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 265 grants of 265 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Ali May Terry Portales, NMScholarship$4,250
Catelyn Breshears Portales, NMScholarship$4,250
Jaeden Hays Portales, NMScholarship$4,250
Kenzee Rowland Portales, NMScholarship$4,250
RAE Ruiz Portales, NMScholarship$4,250
Ryon Howell Portales, NMScholarship$4,250
Travin Price Portales, NMScholarship$4,250
Bowdy Neece Portales, NMScholarship$3,250
Cody Webster Portales, NMScholarship$3,250
Joshua Soto Portales, NMScholarship$3,250

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $2,265,964 $171,601 $172,155 $161,750 (68 grants)
2023 $2,017,454 $368,217 $139,346 $135,500 (66 grants)
2022 $1,553,300 $98,762 $138,057 $134,619 (51 grants)
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$2,265,964$2,017,454$1,553,300
Revenue$171,601$368,217$98,762
Expenses$172,155$139,346$138,057
Qualifying Distributions$169,200$138,721$135,286
Net Investment Income$146,611$100,623$91,422
Distributable Amount$104,959$86,641$85,946

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Janet Collins as president; Charles Bennett Jr as vice president; Chris Duncan as secretary/treasurer; and Leon Nall, Brandon Dewbre, Billy Cathey, and Kynzi Shelley as trustees.

Roosevelt County Electric Education is led by Janet Collins, President since 2023 (on filings since 2020); none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Janet Collins

    President

    Trustee → Vice President, 2021

    Vice President → President, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brandon Dewbre

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Billy Cathey

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Leon Nall

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Kynzi Shelley

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Charles Bennett Jr.

    Vice President

    Trustee → Vice President, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Chris Duncan

    Secretary & Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (4)
  • Former: Gene Creighton (2020–2023) — Trustee
  • Former: Darrell Caviness (2020–2021) — Trustee
  • Former: Wesley Brown (2020–2021) — President
  • Former: Kenneth Cox (2020) — Vice President

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Roosevelt County Electric Education
Mailing address: PO Box 389, Portales, NM 88130-0389
Phone: (575) 356-4491
Website: https://www.rcec.coop/scholarship-program

Frequently asked questions about Roosevelt County Electric Education

How much does Roosevelt County Electric Education give each year?

Roosevelt County Electric Education gave $162K across 68 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $136K across 66 grants.

What is Roosevelt County Electric Education's typical grant size?

Roosevelt County Electric Education's median grant in 2024 was $2,750, and its average grant was $2,379, across 68 grants on its 2024 IRS Form 990-PF.

Where does Roosevelt County Electric Education give grants?

Roosevelt County Electric Education gives mostly in New Mexico: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Portales, NM (46 grants), Elida, NM (12 grants), Floyd, NM (4 grants) and Dora, NM (3 grants).

Does Roosevelt County Electric Education give general operating support?

Not in 2024: none of the 68 grants with a stated purpose on Roosevelt County Electric Education's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (68 grants).

Who are Roosevelt County Electric Education's largest grantees?

Roosevelt County Electric Education's largest 2024 grantees include Ali May Terry ($4,250), Catelyn Breshears ($4,250) and Jaeden Hays ($4,250), according to its 2024 IRS Form 990-PF. Together they received 8% of its itemized 2024 grant dollars.

How large is Roosevelt County Electric Education?

Roosevelt County Electric Education reported $2.3M in total assets on its 2024 IRS Form 990-PF. It paid out $169K in qualifying distributions that year, against a required minimum of $105K (roughly 5% of its investment assets).

What does Roosevelt County Electric Education fund?

The foundation’s stated program objective is to assist people who want to further their education and prepare for the future employment marketplace. See mission & focus areas ↑

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

Submit the appropriate completed and signed scholarship application and required supporting materials to the cooperative’s Member Services Department. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Roosevelt County Electric Education's EIN?

Roosevelt County Electric Education's EIN (Employer Identification Number) is 85-0350615. IRS Form 990 filing data is available on this page for 2020–2024.

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

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