Sacramento Mountains Scholarship Fund
The Sacramento Mountains Scholarship Fund is a private foundation based in Artesia, New Mexico. Its 2024 filing lists scholarships for graduates of Cloudcroft High School who meet the stated academic and educational-institution requirements.
Sacramento Mountains Scholarship Fund at a glance
In short: Sacramento Mountains Scholarship Fund gave $51K across 30 grants in 2024 (avg $2K), mostly in New Mexico. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $51,000
- +41.7% vs 2023
- Grants made (2024)
- 30
- +100.0% vs 2023
- Average grant
- $1,700
- -29.2% vs 2023
- Median grant
- $1,500
- Total assets
- $3,143,088
- +4.2% vs 2023
- Primary geography
- New Mexico (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Sacramento Mountains Scholarship Fund
- How to Apply
-
The 2024 filing lists the SACRAMENTO MOUNTAIN SCHOLARSHIP FUND APPLICATION as the required form and names Yvonne Palmer as the contact. Applicants must be graduates of Cloudcroft High School, have a minimum GPA of 2.5, and attend a qualified educational institution.
- Review Cycle
- April 1 annually. The April 1, 2026 deadline has passed.
- Deadline
- April 1 annually.
- Contact
Application contact: Yvonne Palmer
Mailing address: PO Box 100, Artesia, NM 88211
Phone: (575) 520-9145
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Sacramento Mountains Scholarship Fund funds
How this funder distributes its grants
Grant Size Distribution
111 grants across all recorded years
The most common grant size was under $50K: 111 grants of 111 (100%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in New Mexico.
Grant Distribution by State
Share of 2024 grant dollars across all 30 itemized grants.
States
Cities
How Sacramento Mountains Scholarship Fund gives
- Giving held roughly steady from 2021 to 2024 (−11%). Method
- In 2024 it paid out 72% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $36K (2023) to $61K (2020). In 2024 it made 30 grants totaling $51K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 30 individual scholarships Recipients not named | — | $51,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $3,143,088 | $229,842 | $102,437 | $51,000 | 30 | $89,774 | $218,459 | $124,964 |
| 2023 | $3,015,672 | $2,098,654 | $59,088 | $36,000 | 15 | $55,265 | $89,641 | $110,282 |
| 2022 | $976,106 | $-113,001 | $87,175 | $42,000 | 20 | $70,560 | $17,683 | $52,060 |
| 2021 | $1,176,495 | $826,736 | $69,220 | $57,000 | 24 | $64,485 | $747,001 | $45,011 |
| 2020 | $423,152 | $38,391 | $68,212 | $61,000 | 22 | — | $13,928 | $38,955 |
Under IRS private-foundation payout rules, Sacramento Mountains Scholarship Fund reported a distributable amount of $125K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Grantmaking
In 2024, the fund reported 30 grants totaling $51,000. Grants ranged from $1,500 to $3,000, with a median of $1,500. The listed grant purposes were tuition; four individual recipients received $3,000 each.
Leadership & Key People
Leadership team and compensation from IRS filings
Yvonne Palmer is listed as trustee on the 2024 filing.
Sacramento Mountains Scholarship Fund is led by Yvonne Palmer, Trustee on the 2024 filing — the only officer listed, and uncompensated.
Officers on the 2024 filing
Yvonne Palmer
Trustee
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Jimmy Naylor (2020–2023) — Trustee
- Former: Tana Daugherty (2020) — Trustee
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.
Frequently asked questions about Sacramento Mountains Scholarship Fund
How much does Sacramento Mountains Scholarship Fund give each year?
Sacramento Mountains Scholarship Fund gave $51K across 30 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $36K across 15 grants.
What is Sacramento Mountains Scholarship Fund's typical grant size?
Sacramento Mountains Scholarship Fund's median grant in 2024 was $1,500, and its average grant was $1,700, across 30 grants on its 2024 IRS Form 990-PF.
Where does Sacramento Mountains Scholarship Fund give grants?
Sacramento Mountains Scholarship Fund gives mostly in New Mexico: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
Does Sacramento Mountains Scholarship Fund give general operating support?
Not in 2024: none of the 30 grants with a stated purpose on Sacramento Mountains Scholarship Fund's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Tuition" (30 grants).
How large is Sacramento Mountains Scholarship Fund?
Sacramento Mountains Scholarship Fund reported $3.1M in total assets on its 2024 IRS Form 990-PF. It paid out $90K in qualifying distributions that year, against a required minimum of $125K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
How do I apply for a grant from Sacramento Mountains Scholarship Fund?
The 2024 filing lists the SACRAMENTO MOUNTAIN SCHOLARSHIP FUND APPLICATION as the required form and names Yvonne Palmer as the contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Sacramento Mountains Scholarship Fund's EIN?
Sacramento Mountains Scholarship Fund's EIN (Employer Identification Number) is 85-0347084. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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