GrantAuthority

Leaco Rural Telephone Education Foundation

Grantmaking foundation in Hobbs, New Mexico · EIN 85-6120669

Grants itemized on the 990
$7KTax year 2025
Grants made
7Tax year 2025
Total assets
$36KLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

COLLEGE SCHOLARSHIPS TO ACTIVE MEMBERS OF LEACO RURAL TELEPHONE COOPERATIVE, INC. OR MEMBERS OF THEIR IMMEDIATE FAMILY. IN 2023, 4 STUDENTS WERE AWARDED SCHOLARSHIPS IN THE AMOUNT OF $1,000 EACH. $2,000 WAS PAID OUT DURING 2023 WITH $2,000 PAYABLE AT THE END OF THE YEAR.

Quoted from the foundation's IRS filing.

Giving by year

$3.5K2020
$5K2021
$4K2022
$2K2023
$6K2024
$7K2025

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
Benton Lee$1K2025
Justice Torres$1K2025
Kylar Pickering$1K2025
Mia Newey$1K2025
Nalani Cobos$1K2025

Amounts are rounded. The full grantee list (7 grants in 2025) is available with a free account.

Website: leaco.net/scholarship

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Similar foundations in New Mexico

Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.