TY 2023 Form 990PF

Part I	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books	(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)
	1	Contributions, gifts, grants, etc., received (attach schedule)	155
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	141,825	141,825
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		75,175
b	Gross sales price for all assets on line 6a 1,164,867
7	Capital gain net income (from Part IV, line 2)...		75,175
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	217,155	217,000	0
	13	Compensation of officers, directors, trustees, etc.	2,400	1,200	0	1,200
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	2,800	1,400	0	1,400
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	41,795	41,795	0	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	4,791	2,364	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	200	100	0	100
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	14,068	177	0	13,891
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	66,054	47,036	0	16,591
25	Contributions, gifts, grants paid.......	254,000			254,000
26	Total expenses and disbursements. Add lines 24 and 25	320,054	47,036	0	270,591
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-102,899
b	Net investment income (if negative, enter -0-)		169,964
c	Adjusted net income (if negative, enter -0-)...			0

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	233,909	186,419	186,419
	2	Savings and temporary cash investments.........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	4,748,747	List of Attached Documents: // Content 4,695,611	5,581,420
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 991	List of Attached Documents: // Content 0	List of Attached Documents: // Content 0
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	4,983,647	4,882,030	5,767,839
	17	Accounts payable and accrued expenses..........	16,845	16,691
	18	Grants payable.................
	19	Deferred revenue.................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	List of Attached Documents: // Content 0	List of Attached Documents: // Content 1,436
	23	Total liabilities (add lines 17 through 22).........	16,845	18,127
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	4,966,802	4,863,903
	29	Total net assets or fund balances (see instructions).....	4,966,802	4,863,903
	30	Total liabilities and net assets/fund balances (see instructions).	4,983,647	4,882,030

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	75,175
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................	3

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	2,362
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	2,362
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	2,362
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	991
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ..........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............	7	991
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.	8	64
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......	9	1,435
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...	10
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax	Refunded	11

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
KEITH GOTTLIEB	PRESIDENT 1.00	800	0	0
PO BOX 1087 GRANTS,NM87020
CLAUDIO ROMERO	VICE PRESIDENT 1.00	800	0	0
PO BOX 1087 GRANTS,NM87020
JOE HOSKINS	SECRETARY/TREASURER 1.00	800	0	0
PO BOX 1087 GRANTS,NM87020

		(a) Corpus	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7					266,433
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	60,187
b From 2019......	27,769
c From 2020......	48,978
d From 2021......
e From 2022......
f Total of lines 3a through e ........		136,934
4Qualifying distributions for 2023 from Part
XI, line 4: $ 270,591
a Applied to 2022, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....					266,433
e Remaining amount distributed out of corpus		4,158
5 Excess distributions carryover applied to 2023.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		141,092
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		60,187
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		80,905
10 Analysis of line 9:
a Excess from 2019....	27,769
b Excess from 2020....	48,978
c Excess from 2021....
d Excess from 2022....
e Excess from 2023....	4,158

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

CONTINENTAL DIVIDE ELECTRIC EDUCATI
PO BOX 1087
GRANTS,NM87020
(505) 285-6656

bThe form in which applications should be submitted and information and materials they should include:

SCHOLARSHIP APPLICATIONS SHOULD BE SUBMITTED TO THE CONTINENTAL DIVIDE ELECTRIC CO-OP'S GRANTS OFFICE, 1821 CLIF LEAR AVE, GRANTS, NEW MEXICO. THE APPLICATION CAN BE DOWNLOADED FROM THE COOPERATIVE'S WEBSITE HTTPS://CDEC.COOP/SCHOLARSHIPS. THE APPLICATION SHOULD INCLUDE THE FOLLOWING: COMPLETED AND SIGNED SCHOLARSHIP APPLICATION, AN OFFICIAL HIGH SCHOOL OR COLLEGE TRANSCRIPT STATING YOUR CURENT GRADE POINT AVERAGE, OR A COPY OF GED CERTIFICATE, AND THREE LETTERS OF RECOMMENDATION FROM GUIDANCE COUNSELORS, TEACHERS, PRINCIPALS OR SUPERINTENDENT FROM THE SCHOOLS ATTENDED. APPLICATION INCLUDES AN ESSAY OF APPROXIMATELY 100 WORDS.

cAny submission deadlines:

MARCH 31, 2024

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

APPLICANTS MUST BE ACTIVE MEMBERS OF THE CO-OP OR IMMEDIATE FAMILY OF CO-OP MEMBERS. AN ACTIVE MEMBER IS SOMEONE WHO CURRENTLY RECEIVES CONTINENTAL DIVIDE ELECTRIC SERVICE. RECIPIENTS MUST USE THE SCHOLARSHIP MONEY TO PURSUE AN ESTABLISHED BACHELOR'S DEGREE FROM AN ACCREDITED INSTITUTION OF HIGHER EDUCATION IN NEW MEXICO. STUDENTS MUST CARRY AND SUCCESSFULLY COMPLETE AT LEAST 12 CREDIT HOURS (FULL-TIME), PER SEMESTER. GRANTS OF UP TO $4,000 ARE AWARDED EACH YEAR. THE NUMBER OF GRANTS AND AMOUNT DEPEND ON FUNDS AVAILABLE IN THE EDUCATION FOUNDATION. THE MAXIMUM AMOUNT A STUDENT CAN RECEIVE FROM THE EDUCATION FOUNDATION IS $16,000 FOR FOUR YEARS AT THE CURRENT AWARD. RECIPIENTS ARE REQUIRED TO MAINTAIN A 2.5 G.P.A. AND EARN 12 CREDIT HOURS, PER SEMESTER, FOR THE SCHOLARSHIP TO BE RENEWED EACH SEMESTER.

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ANTONIO EMILY K 301 PONDEROSA LN GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
ARMIJO ALEXIS HC77 BOX 334 SEBOYETA,NM87014	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
ARMIJO LUIS J 514 GREY ST MILAN,NM87021	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
ARREDONODO YOSELIN 1009 LEON DR GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
ATWATER-CABALLERO ALEXIS 1501 CHACO AVE GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
AUTREY ROXANNE N 1400 ESTANCIA AVE GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
BACA TAYLOR A 1100 LOBO CANYON RD GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
BACA VICTORIA 90029 SAN MATEO GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
BARAJAS KRYSTA M 1307 ESTANCIA AVE GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
BAROS GABRIELLE A PO BOX 238 CUBERO,NM87014	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
BEGAY-HARLAN MELYSE C PO BOX 1331 CROWNPOINT,NM87313	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
BRATZEL KOLTEN 2502 W HWY 66 GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
BUSTOS NICHOLAS 912 ANN ST GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
CANABA JOSHUA PO BOX 3892 MILAN,NM87021	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
CHAVEZ ANGELINA M 820 TRUMAN AVE GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
CHAVEZ EBONY 210 HARRISON AVE GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
CHICHARILLO SEBAN J PO BOX 99 FT WINGATE,NM87316	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
CODY NICHOLE PO BOX 276 THOREAU,NM87323	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
DALTON CINDY L 636 E HIGH ST GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
DESIDERIO TIFFANY R PO BOX 273 PREWITT,NM87045	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
EDAAKIE JACQUELINE PO BOX 541 ZUNI,NM87327	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
EGAN EMMA J PO BOX 163 CONTINENTAL DIVIDE,NM87312	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
FRANK WESLEY PO BOX 1477 THOREAU,NM87323	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
GANADONEGRO ERIN PO BOX 3855 TOHAJIILEE,NM87026	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
GARCIA KYLIE 1236 CLOVIS AVE GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
GIBSON TAYLOR A PO BOX 7 CONTINENTAL DIVIDE,NM87312	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
GONZALES HUNTER PO BOX 2855 GALLUP,NM87305	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
GONZALES PATETON H 311 E HILL AVE GALLUP,NM87301	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
GONZALES SHANE J 3000 MAJESTIC RIDGE APT 70 LAS CRUCES,NM88011	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
HANSEN IONNA PO BOX 684 MENTMORE,NM87319	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
HASSELL CAMERON K PO BOX 282 BLUEWATER,NM87005	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
HERNANDEZ ISAIAH 1232 CLOVIS AVE GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
HOBBS NATHAN M 90512 SAN MATEO GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
HOLTRY SABRINA PO BOX 433 CASA BLANCA,NM87007	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
HOLTSOI ELON E PO BOX 492 CASA BLANCA,NM87007	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
JOHNSON LERANDA A PO BOX 4024 GALLUP,NM87305	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
KALLESTEWA JODI PO BOX 1415 ZUNI,NM87327	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
KALLESTEWA KARI PO BOX 1356 ZUNI,NM87327	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
KEE DAVARRYLE C PO BOX 602 PREWITT,NM87045	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
KEE THERYN PO BOX 602 PREWITT,NM87045	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
KING GWYNETH PO BOX 309 PREWITT,NM87045	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
KOHN MERRICK PO BOX 291 NEW LAGUNA,NM87038	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
LALIO KEAYLIE C PO BOX 1630 ZUNI,NM87327	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
LENTZ KAMERYN 1617 N HILLS BLVD GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
LIVINGSTON STRAWBERRY B PO BOX 328 VANDERWAGON,NM87326	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
LONG JUDITH M PO BOX 562 PREWITT,NM87045	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
LOPEZ EVELIA N 111 ELMA ST GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
LU ANDY 636 E HIGH ST GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
MADRID DANIEL PO BOX 7021 GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
MAESTAS ANTHONY J 1529 VALLEY DR GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
MARQUEZ LETICIA M HC77 BOX 84 SEBOYETA,NM87014	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
MATTILA JORDAN R 2000 BLUE SPRUCE DR GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
MORENO ASHLEY 212 LINCOLN AVE APT 1 GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
MUNSON DEVIN 508 LEACH AVE GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
NANCO SHEYENNE M PO BOX 2153 MILAN,NM87021	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
ORTEGA ARACELI 59 SAN MATEO STREET SAN MATEO,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
PADILLA DARYL J PO BOX 728 MENTMORE,NM87319	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
PARGAS DOMINIQUE R 12 BUENA LOOP GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
PARGAS GABRIELLA R 12 BUENA LOOP GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
PEDRO TASIA H PO BOX 261 NEW LAGUNA,NM87038	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
PENA RYAN 1304 CHACO AVE GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
PEREZ ELENA 2000 ZUNI CANYON RD GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
PLATERO TAVIA M PO BOX 741 PREWITT,NM87045	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
PUDERBAUGH NICOLE J 1117 TUMBLEWEED DR GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
QUISMUNDO CLYDE S 833 AUSTIN AVE GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
REDDINGTON LAUREN E PO BOX 242 GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
RHYCHENER CHLOE S 109 SQUAWBUSH CT GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
ROBERTS ERNESTINA L 1105 TRUMAN AVE GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
ROMERO KYRIN HC77 BOX 124 SEBOYETA,NM87014	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
SAAVEDRA MATTHEW PO BOX 256 GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
SALAZAR CHRISTOPHER PO BOX 1973 GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
SANCHEZ GWEN PO BOX 1712 ZUNI,NM87327	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
SANCHEZ SOPHIA A PO BOX 2894 YAHTAHEY,NM87375	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
SIMPSON KRISTINA PO BOX 93 GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
STRICKLAND JAZZMIN C 1530 ICE CAVES ROAD GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
TENA DANIELLE 300 COTTONWOOD DR MILAN,NM87021	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
TOLEDO MADISON PO BOX 1649 CROWNPOINT,NM87313	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
TOLINO DEBRA L PO BOX 1725 CROWNPOINT,NM87313	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
TOM BAILEY L PO BOX 4731 GALLUP,NM87301	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
TOM TIONNA D PO BOX 2811 GALLUP,NM87301	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
VALDEZ ANGEL I PO BOX 91 GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
VALENCIA JULIUS P 1000 KABRICO DR GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
VALENCIA TEARZA 1214 MT TAYLOR AVE GRANTS,NM87020	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
VEGA MARIANA N PO BOX 928 GALLUP,NM87305	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
WILLIE REYNOLDON R PO BOX 2582 GALLUP,NM87305	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
YAZZIE ELISHA M PO BOX 986 TOREAU,NM87323	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	2,000
YUSELEW-TSADIASI DALLAS PO BOX 1544 ZUNI,NM87327	SEE PAGE 7, PART VIII-A	I	SCHOLARSHIP	4,000
Total ................................. 3a				254,000

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation
1 a	PUBLICLY TRADED SECURITIES
b	CAPITAL GAINS DIVIDENDS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,161,192	1,089,692	71,500
b	3,675		3,675
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			71,500
b			3,675
c
d
e

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2023	(b) 2022	(c) 2021	(d) 2020	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	COLLEGE SCHOLARSHIPS TO MEMBERS TO ATTEND COLLEGES IN THE STATE OF NEW MEXICO.	270,591
2


3


4

bApproved for future payment

Total ................................. 3b				0

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	141,825
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	75,175
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		217,000	0

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements
1c	16,691	CONTINENTAL DIVIDE ELECTRIC COOPERATIVE INC	THE COOPERATIVE INVOICES THE FOUNDATION FOR ACCOUNTING AND BOOKKEEPING SERVICES, POSTAGE AND OFFICE SPACE FOR THE FOUNDATION. THE COOPERATIVE PROVIDES THESE SERVICES AT COST.

(a) Name of organization	(b) Type of organization	(c) Description of relationship
CONTINENTAL DIVIDE ELECTRIC COOPERATIVE INC	501(C)(12)	TRUSTEES OF THE TRUST ARE ALSO SERVE ON THE BOARD OF THE COOPERATIVE.

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

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