Leaco Rural Telephone Education Foundation
Accepts applications
Leaco Rural Telephone Education Foundation is a private foundation in Hobbs, New Mexico. In tax year 2025 it gave $4,500 in 7 grants; the typical grant was $500 and the largest $1,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$4,500
- Number of grants7
- Typical grant$500
- Largest grant$1,000
- Assets$36,120
Giving in 2025 was up from $4,000 the year before.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $3,000 | 4 | $8,500 |
| 2024 | $4,000 | 6 | $27,618 |
| 2025 | $4,500 | 7 | $36,120 |
How to apply
| Contact | Leaco Rural Telephone Education Fou 220 W Broadway, Hobbs, NM 88240 |
|---|---|
| Phone or email | (575) 370-5010 |
| What to submit | The following instructions apply to the leaco scholarship application: 1) application must be typed. No handwritten applications will be accepted. 2) application must be signed by the student, a parent/guardian, and a representative of the high school. 3) applicant must submit a high school transcript through the 7th semester showing act and/or sat scores. 4) applicant must provide two letters of reference; one from a teacher, counselor, or school administrator, and the second from someone not affiliated with the applicant's high school. Letters must have a legal signature and be dated. 5) application packets must arrive to the address or email below by 5:00 pm msdt on april 4th. The application should include your general contact information, signature, school attending, current gpa, transcript, sat or act scores, 2 letters of reference and any additional reasons leaco should invest in your education. |
| Deadlines | Arpil 4th |
| Restrictions | In order to be eligible to receive a leaco rural telephone scholarship: 1) the applicant or applicant's parent/guardian must be a customer of leaco and the account must be in 'good standing'. For purposes of this application, 'in good standing' shall be defined as an active account which has not been disconnected for non-payment within 6 months of the scholarship deadline 2) applicant must be a high school senior. 3) applicants must intend on enrolling full-time (at least 12 credit hours per semester) in any post-secondary institution providing at least a two-year degree program. Proof of full-time enrollment is required before receiving actual funds. |
Foundation website IRS filings on ProPublica
What Leaco Rural Telephone Education Foundation funds
Where it gives
All of its grants went to recipients in New Mexico.
| State | Grants | Amount |
|---|---|---|
| New Mexico | 7 | $4,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Individual | Scholarship | $1,000 |
| Individual | Scholarship | $500 |
| Individual | Scholarship | $500 |
| Individual | Scholarship | $500 |
| Individual | Scholarship | $500 |
| Individual | Scholarship | $500 |
| Individual | Scholarship | $500 |
Officers and trustees
- Robert Garnett
- Leon Hemann
- Joel Klein
- Regina Watson
Questions people ask
Does Leaco Rural Telephone Education Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: Arpil 4th.
How much does Leaco Rural Telephone Education Foundation give?
$4,500 in tax year 2025, across 7 grants, with a typical grant of $500.
Who runs Leaco Rural Telephone Education Foundation?
Its 2025 filing lists Robert Garnett (President), Leon Hemann (Vice President), Joel Klein (Secretary/Treasurer) and Regina Watson (Asst Secretary/Treas).
What does Leaco Rural Telephone Education Foundation fund?
Based on its grants, mainly education.