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Filing year 2023

The Electric Company Charitable Foundation

El Paso, Texas·EIN 87-3208524·NTEE T99 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.3M
Total assets
$169k
Total expenses
$1.2M
Reported officers
12

Reported officers (all unpaid)

No paid executives reported in 2023. The Electric Company Charitable Foundation reported 12 unpaid officers and board members on its 990-PF.

President
Chair / President
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member
Board Member

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$1.1M

Itemized grants

58

Median grant

$10k

RecipientLocationPurposeAmount
The Blackbaud Giving FundCharleston, SCMatch of El Paso Electric's employees' donations.$196k
United WayEl Paso, TXEconomic Development - Match of employees' donations to improve the lives of El Paso families.$102k
New Mexico State University Foundation IncLas Cruces, NMEducation - Young Women in Computing (YWiC), Electric Vehicle (EV) Charging Port and Solar Power Training Platform, and scholarship support.$58k
El Pasoans Fighting HungerEl Paso, TXEconomic Development - Workforce Development Program allowing vulnerable individuals the chance to find and maintain steady and meaningful work.$50k
EPC MuseumEl Paso, TXEducation - Support in bringing La Nube to El Paso and the Borderland communities to provide one-of-a-kind educational experiences throughout in the form of interactive exhibits and associated programming.$50k
University of Texas FoundationAustin, TXEducation - Funds used for scholarship support.$50k
Texas Tech Foundation IncEl Paso, TXEducation - Growing Our Own to Power Up Our Health Care Workforce: Pre-Dental Society, MedFuture, High School Summer Camps, Medventure, and Scholarships.$45k
Kelly Memorial Food PantryEl Paso, TXEconomic Development - The FreshStart program provides members with the tools necessary to overcome many barriers to economic mobility.$30k
Ysleta Education FoundationEl Paso, TXEducation - Scholarship support to award nine scholarships to deserving YISD students wishing to pursue a higher education in a STEM field upon high school completion.$27k
Fab Lab El PasoEl Paso, TXEducation - New Collar 3D Badge for Advanced Manufacturing Skilling. Students in our region need to rapidly develop STEM skills to not only prepare for the jobs of now but the jobs of the future.$25k
Project Arriba Advanced Retraining And Redev IncEl Paso, TXEducation - Project ARRIBA's purpose is to provide an underserved/vulnerable population with an opportunity to succeed at living wage employment and meet local workforce needs through the attainment of postsecondary education.$25k
New Mexico State University Foundation IncLas Cruces, TXEnvironmental Stewardship - WERC Environmental Design Contest: Toward Net-Zero-Distributed Energy Resource Management Systems (DERMS) for the Electrical Grid.$25k
Community En AccionEl Paso, TXEducation - The Young Achievers Forum, objective is for sixth grade students to become aware of career options and how they need to prepare, while in middle school and high school, to pursue a career once they graduate from high school.$20k
Dr Karen M Trujillo Memorial FoundationLas Cruces, NMEducation - Scholarship support focused on helping to training STEM teachers.$20k
STTE FoundationEl Paso, TXEconomic Development - "WATT Works" program for "World-class Advancements in Technology & Transformation." This innovative initiative is tailored to generate entrepreneurs to champion innovations in the renewable energy domain.$15k
Womens Economic Self-Sufficiency Team CorpAlbuquerque, NMEconomic Development - provide comprehensive bilingual entrepreneurial development services through training, consulting and lending activities, concentrating on a deep dive approach that builds small businesses' capacity and strengthens economic impact in Dona Ana County.$15k
El Paso Community College FoundationEl Paso, TXEducation - Scholarship program focused on students nearing graduation who need financial assistance to complete degrees in high-demand career fields.$15k
El Paso Special Needs Education CenterEl Paso, TXEducation - Scholarship support to 5 students for the 2023-24 school year.$15k
Young Womens Christian Association El Paso Del NorEl Paso, TXEducation - To provide STEM (Science, Technology, Engineering, Art, Mathematics) education throughout our programming.$15k
Second Chance Wildlife RescueEl Paso, TXEnvironmental Stewardship - To identify and summarize the need for the Road and Pathway Gravel Installation Project, developing a comprehensive plan to install gravel on the roads and pathways within our facility. By doing so, we aim to enhance safety, accessibility, and efficiency, ensuring the smooth operation of our wildlife rehabilitation efforts.$13k
Big Brothers-Big Sisters Of El Paso IncEl Paso, TXEconomic Development - Funds will support training, matchmaking, ongoing case-management support, evaluation implementation, and mentor-mentee coordination of family strengthening activities.$10k
Center Against Sexual And Family Violence IncEl Paspo, TXEconomic Development - Workforce Empowerment for Survivors of Domestic Violence and Sexual Assault$10k
Downtown Las Cruces PartnershipLas Cruces, NMEconomic Development - To empower and support entrepreneurs and business owners in Downtown Las Cruces by providing them with comprehensive business education, expert guidance, and valuable networking opportunities.$10k
El Paso Chamber Of CommerceEl Paso, TXEconomic Development -Offer a Coaching Program throughout the year for small business owners located in the El Paso Region that are Latino/Latina owned.$10k
Habitat For Humanity International IncLas Cruces, NMEconomic Development - Funding to provide affordable homeownership opportunities.$10k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Texas

The Electric Company Charitable Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Texas earns a median of $14,224.

25th percentile
$5k
Median
$14,224
75th percentile
$43k
90th percentile
$112k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,499 organizations across 4,499 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Texas
FAQ

Common questions about The Electric Company Charitable Foundation

What are The Electric Company Charitable Foundation's revenue and expenses?

In 2023, The Electric Company Charitable Foundation reported $1.3M in total revenue and $1.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.