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Otero County Electric Education Foundation


Last Updated: 2016-12-18

At A Glance

Otero County Electric Education Foundation

P.O. Box 227

Cloudcroft, NM United States 88317-0227

Telephone: (575) 682-2521


Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2015-12-31)

Assets: $1,342,375

Total giving: $84,000






Established in 1996 in NM

Purpose and Activities

Scholarship awards to active members receiving service from Otero County Electric Cooperative, Inc., and their immediate families to attend a recognized New Mexico institution of higher education.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Scholarships to active members of Otero County Electric Cooperative and to their immediate families to attend recognized NM institutions of higher education.


The foundation awards a one-year, $1,700 scholarship, $850 to be paid at the start of each semester on confirmation that the applicant has maintained at least a 2.5 GPA on a 4.0 scale, and is a full-time student. Applicants must be of good character, demonstrate a coherent degree plan, and a willingness to pursue a course of higher learning. Economic need of the applicant is given secondary consideration. Recipients must reapply each year.

Financial Data

Year ended 2015-12-31

Assets: $1,342,375 (market value)

Gifts received: $73,929

Expenditures: $99,567

Total giving: $84,000

Qualifying distributions: $84,005