Private Foundation · NM
Socorro Electric Foundation
Socorro, NM · EIN 237044964 · Website ↗ · 990s on ProPublica ↗
Assets
$465K
Total Giving
$237K
Grants on File
155
Average Grant
$2K
Giving Radius
Where Socorro Electric Foundation Has Given
Section I
How to Apply
A 2-page application asking the following information must be submitted to apply for the scholarship. The application asks for the student's academic honors, college or university planning to attend, school activities and clubs, community activities and volunteer organizations, hobbies and recreational activities, work experience, and a 250-word essay. The following items should be attached to the application: - Type or legibly print all requested information on the application form - Write or type a 250-word essay based on one of four topics provided - Official transcript from the school the applicant has most recently attended - SAT/ACT scores (required from all applicants) - Qualifying SEC member number must be included - Demonstrate a willingness to pursue a course of higher learning with a coherent degree plan
On Unsolicited Proposals yes
Restrictions
The Socorro Electric Foundation scholarships will be awarded per semester in an amount to be determined by the Board of the Foundation to high school graduates who meet the following eligibility requirements: A recipient must (1) have parent(s) or legal guardian(s) who have been members of SEC for a minimum of 180 days from date of application, have a residential account (business or yard light only accounts do not qualify), currently reside in the service area, and are members in good standing (members who do not have any outstanding balance on either active or inactive accounts by the submittal deadline); (2) have been accepted into an institution of higher learning (being a college, university, vocational or technical school accredited by the state or other qualified agency); and (3) have a grade point average equivalent of 2.50 on a 4.00 scale at the time of application.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Socorro, NM | $2K | 2020 |
| Socorro, NM | $1K | 2020 |
| Socorro, NM | $2K | 2020 |
| Bingham, NM | $2K | 2020 |
| Magdalena, NM | $1K | 2020 |
| Lemitar, NM | $2K | 2020 |
| Socorro, NM | $2K | 2020 |
| Veguita, NM | $2K | 2020 |
| Veguita, NM | $2K | 2020 |
| Lemitar, NM | $2K | 2020 |
| San Antonio, NM | $2K | 2020 |
| Magdalena, NM | $1K | 2020 |
| Veguita, NM | $2K | 2020 |
| Socorro, NM | $1K | 2020 |
| Magdalena, NM | $2K | 2020 |
| La Joya, NM | $2K | 2020 |
| Socorro, NM | $2K | 2020 |
| Socorro, NM | $2K | 2020 |
| Socorro, NM | $1K | 2020 |
| Datil, NM | $2K | 2020 |
| Veguita, NM | $1K | 2020 |
| Socorro, NM | $2K | 2020 |
| Magdalena, NM | $1K | 2020 |
| Reserve, NM | $1K | 2020 |
| Socorro, NM | $2K | 2020 |
Page 1 of 7 · 155 total
Section V
Board of Directors
- LEROY ANAYA PRESIDENT
- RON BURNETT VICE PRESIDENT
- WARD MCCARTNEY TRUSTEE
- DAVE WADE TRUSTEE
- M KENNETH BOWDEN 0423-1223 TRUSTEE
- STEPHEN ROSAS 0923-1223 TRUSTEE
- JUDITH HOLCOMB 0423-1223 TRUSTEE
- LUIS AGUILAR 0123-0323 TRUSTEE
- JAMES NELSON 0123-0323 TRUSTEE
- DONALD WOLBERG 0123-0623 TRUSTEE
- JAMES NELSON PRESIDENT
- ANNE L DOROUGH 0122 - 0222 PAST PRESIDENT
- LUIS AGUILAR VICE PRESIDENT
- DONALD WOLBERG SECRETARY/ TREASURER
- WARD MCCARTNEY 0422 - 1222 TRUSTEE
- LEROY ANAYA TRUSTEE
- DAVE WADE 0422 - 1222 TRUSTEE
- RON BURNETT 0622 - 1222 TRUSTEE
- PAUL BUSTAMANTE 0122 - 0322 TRUSTEE
- MICHAEL HAWKES 0122 - 0322 TRUSTEE
- ANNE L DOROUGH PRESIDENT
- LUIS AGUILAR VICE PRESIDENT
- PAUL BUSTAMANTE SECRETARY/ TREASURER
- JAMES NELSON TRUSTEE
- LEROY ANAYA TRUSTEE
- DON WOLBERG TRUSTEE
- MICHAEL HAWKES TRUSTEE
- ANNE L DOROUGH PRESIDENT
- LUIS AGUILAR VICE PRESIDENT
- PAUL BUSTAMANTE SECRETARY/ TREASURER
- JAMES NELSON TRUSTEE
- LEROY ANAYA TRUSTEE
- DON WOLBERG TRUSTEE
- MICHAEL HAWKES TRUSTEE
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $518K | $23K | $147K | $82K |
| 2022 | $431K | $23K | $11K | $70K |
| 2021 | $537K | $28K | $14K | $79K |
| 2020 | $597K | $22K | $260K | $56K |
| 2019 | $385K | $20K | $537 | $44K |
| 2015 | $236K | $12K | $36K | $23K |
| 2014 | $223K | $11K | $10K | $28K |
| 2013 | $241K | $10K | $60K | $31K |
| 2012 | $212K | $8K | $159K | $8K |
| 2011 | $60K | $3K | $3K | $13K |