GrantAuthority

Penasco Valley Telephone Education Foundation

Grantmaking foundation in Artesia, New Mexico · EIN 85-0422272

Grants itemized on the 990
$40KTax year 2024
Grants made
36Tax year 2024
Total assets
$380KLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

SCHOLARSHIPS - THE FOUNDATION AWARDED 11 NEW SCHOLARSHIPS IN THE AMOUNT OF $500 PER SEMESTER TO QUALIFIED APPLICANTS WHO RESIDE IN THE EXCHANGE AREA OF PENASCO VALLEY TELEPHONE COOPERATIVE AND WHO ARE ACTIVE MEMBERS OF THE COOPERATIVE OR WHO ARE DEPENDENTS OF AN ACTIVE MEMBER OF THE COOPERATIVE. THE SCHOLARSHIPS OF PRIOR RECIPIENTS ARE RENEWED EACH SEMESTER FOR THE EQUIVALENT OF FOUR YEARS OF EDUCATION FOR AS LONG AS ENROLLMENT AND A MINIMUM GPA OF 2.5 IS MAINTAINED. DURING 2020 THE FOUNDATION PAID SCHOLARSHIP MONEY TO 26 STUDENTS WHO WERE AWARDED THEIR SCHOLARSHIP IN A PRIOR YEAR.

Quoted from the foundation's IRS filing.

Giving by year

$27K2019
$29K2020
$32K2021
$32K2022
$36K2023
$40K2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Amanda Hibbard$1.6K2024
Callie Bennett$1.6K2024
Diego Gallegos$1.6K2024
Guiselle Guillen$1.6K2024
James Rylee Jarratt$1.6K2024

Amounts are rounded. The full grantee list (36 grants in 2024) is available with a free account.

Website: pvt.org

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Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.