Springer Electric Coop Education Foundation
Springer Electric Coop Education Foundation is a private foundation, based in SPRINGER, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $478K in total assets. In 2024, it awarded 17 grants totaling $41K. Net investment income was $11K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$478K
+7.9% YoY
Annual Giving
$41K
-21.4% YoY
Grant Count
17
-19.0% YoY
Avg Grant Size
$2K
-2.9% YoY
Under IRS private-foundation payout rules, Springer Electric Coop Education Foundation reported a distributable amount of $20K for 2024 — the minimum it must pay out in qualifying distributions.
About Springer Electric Coop Education Foundation
Based on IRS filings
Springer Electric Coop Education Foundation is a private foundation, based in SPRINGER, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $478K in total assets. In 2024, it awarded 17 grants totaling $41K. Net investment income was $11K.
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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 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $477,751 | $442,686 | $470,729 |
| Revenue | $75,565 | $23,457 | $25,308 |
| Expenses | $40,500 | $51,500 | $31,500 |
| Qualifying Distributions | $40,500 | $51,500 | $31,500 |
| Net Investment Income | $10,722 | $3,606 | $917 |
| Distributable Amount | $20,463 | $22,298 | $23,489 |
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
93 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Caitlin Kenneke ($2,500), Gavin Morrow ($2,500), Analiese Malaney ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| CAITLIN KENNEKE CIMARRON, NM | education scholarship | $2,500 |
| GAVIN MORROW CAPULIN, NM | education scholarship | $2,500 |
| ANALIESE MALANEY SPRINGER, NM | education scholarship | $2,500 |
| REBEKAH ROYBAL LAS CRUCES, NM | education scholarship | $2,500 |
| SHIANN WEISDORFER SPRINGER, NM | education scholarship | $1,500 |
| CRISTIAN ESTRADA CIMARRON, NM | education scholarship | $2,500 |
| CHASE CASIAS Colorado Springs, CO | education scholarship | $2,500 |
| JOHN M BALIZAN LAS VEGAS, NM | education scholarship | $1,500 |
| RYLEN POTTER CIMARRON, NM | education scholarship | $2,500 |
| DAEJA MARTINEZ CIMARRON, NM | education scholarship | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Tim Morrow | President | 0.5 | — |
| Gary Shaw | Vice President | 0.5 | — |
| Alfonso Maestas | Secretary Treasurer | 0.5 | — |
Frequently Asked Questions
How large is Springer Electric Coop Education Foundation?
As of 2024, Springer Electric Coop Education Foundation holds $478K in total assets with $76K in annual revenue. It awarded 17 grants totaling $41K in 2024.
Where does Springer Electric Coop Education Foundation operate?
Springer Electric Coop Education Foundation has awarded grants in Arizona, Colorado, New Mexico.
What size grants does Springer Electric Coop Education Foundation award?
In 2024, Springer Electric Coop Education Foundation awarded 17 grants totaling $41K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Springer Electric Coop Education Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Springer Electric Coop Education Foundation reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Springer Electric Coop Education Foundation's EIN?
Springer Electric Coop Education Foundation's EIN (Employer Identification Number) is 85-0366101. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Springer Electric Coop Education Foundation's focus areas in our free grants database
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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