Roosevelt County Rural Telephone is a private foundation focused on Health, based in PORTALES, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $410K in total assets. In 2024, it awarded 14 grants totaling $19K. Net investment income was $29K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$410K
+4.8% YoY
Annual Giving
$19K
-24.0% YoY
Grant Count
14
-41.7% YoY
Avg Grant Size
$1K
+30.3% YoY
Under IRS private-foundation payout rules, Roosevelt County Rural Telephone reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.
About Roosevelt County Rural Telephone
Based on IRS filings
Roosevelt County Rural Telephone is a private foundation focused on Health, based in PORTALES, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $410K in total assets. In 2024, it awarded 14 grants totaling $19K. Net investment income was $29K.
Focus Areas
Ready to take the next step with Roosevelt County Rural Telephone?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $409,887 | $391,247 | $256,429 |
| Revenue | $30,427 | $140,446 | $12,383 |
| Expenses | $21,756 | $27,740 | $14,398 |
| Qualifying Distributions | $21,125 | $27,137 | $13,830 |
| Net Investment Income | $28,546 | $10,737 | $10,715 |
| Distributable Amount | $19,824 | $16,974 | $13,157 |
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
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cole Kircher ($2,000), Faith Jasso ($2,000), Karlee Elliott ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ANNALI FLORES PORTALES, NM | SCHOLARSHIP | $1,000 |
| COLE KIRCHER ROGERS, NM | SCHOLARSHIP | $2,000 |
| FAITH JASSO ELIDA, NM | SCHOLARSHIP | $2,000 |
| JAEDEN HAYS PORTALES, NM | SCHOLARSHIP | $1,000 |
| KARLEE ELLIOTT MELROSE, NM | SCHOLARSHIP | $2,000 |
| KATELYNN WEBB PORTALES, NM | SCHOLARSHIP | $1,000 |
| LACY LESLY MELROSE, NM | SCHOLARSHIP | $1,000 |
| LEVI VICTOR ELIDA, NM | SCHOLARSHIP | $1,000 |
| LOGAN DEVANEY MELROSE, NM | SCHOLARSHIP | $1,000 |
| RILEY ROHRBACH TEXICO, NM | SCHOLARSHIP | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAWRENCE R FOUTS | PRESIDENT | 1 | — |
| JIMMY DUNCAN | VICE-PRESIDENT | 1 | — |
| RANDY LIEB | SECRETARY/ TREASURER | 1 | — |
| SHELLY BUZARD | DIRECTOR | 1 | — |
| DAVID C SANDERS JR | DIRECTOR | 1 | — |
| SCOTT DICKERMAN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Roosevelt County Rural Telephone?
Roosevelt County Rural Telephone is a private foundation focused on Health, based in PORTALES, NM. It holds $410K in total assets as of 2024.
How large is Roosevelt County Rural Telephone?
As of 2024, Roosevelt County Rural Telephone holds $410K in total assets with $30K in annual revenue. It awarded 14 grants totaling $19K in 2024.
Where does Roosevelt County Rural Telephone operate?
Roosevelt County Rural Telephone has awarded grants in New Mexico, Texas.
What size grants does Roosevelt County Rural Telephone award?
In 2024, Roosevelt County Rural Telephone awarded 14 grants totaling $19K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Roosevelt County Rural Telephone required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Roosevelt County Rural Telephone reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Roosevelt County Rural Telephone's EIN?
Roosevelt County Rural Telephone's EIN (Employer Identification Number) is 85-0452616. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Roosevelt County Rural Telephone's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.