Texas · Public charity
Golden Spread Electric Cooperative Inc
To deliver cost effective, competitive and reliable power to provide a secure energy future for generations to come by creating opportunities, cultivating cooperation and navigating industry risk.
- $149k
- Granted FY2024(still arriving)
- 4
- Itemized grants FY2024
- 2
- Organizations funded FY2022
- 50%
- First-time grantees FY2022
Read this first · the figures below need context
59% of Golden Spread Electric Cooperative Inc’s FY2024 grant dollars went to Massachusetts Institute Of Technology, not to grantees.
Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2024 names 2 organizations directly, so a portfolio cannot be read from it.
Organizations named directly on the return
Amber years are those where most dollars went to a sponsor.
- Itemized, FY2024
- $76k
- The rest is grants the schedule does not break out
- Median grant, FY2024
- $25,000
- Largest grant, FY2024
- $40,000
- Organizations funded a year
- 1 to 3
- FY2017 to FY2022
- States reached, FY2024
- 2
- Total assets, FY2024
- $1.4B
How open it is to new grantees
In FY2022, 50% of the organizations Golden Spread Electric Cooperative Inc funded were first-time grantees, receiving 24% of its grant dollars.
New vs renewed · share of each year
In FY2022, 76% of grant dollars renewed an existing relationship; $6k went to new ones.
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2024still arriving | 2 | $31k | 50% |
| FY2022 | 2 | $23k | 50% |
| FY2021 | 1 | $18k | 0% |
| FY2020 | 1 | $6k | 0% |
| FY2018 | 2 | $20k | 0% |
| FY2017 | 3 | $32k | n/a |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.
Top grantees
Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| The Opportunity Plan Inc | $59,500 | 6 | 1% |
| West Texas A&M Univ Foundation | $31,450 | 2 | 0% |
| South Texas Electric Cooperative Inc | $25,000 | 1 | 0% |
| Texas Electric Cooperatives Inc | $8,031 | 1 | n/a |
| Center City of Amarillo Inc | $5,500 | 1 | 2% |
Co-funders
Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.
Open a dossier: Mays Foundation · Amazonsmile Foundation
How this is measured
Compare Golden Spread Electric Cooperative Inc with peer funders
About Golden Spread Electric Cooperative Inc
- How much does Golden Spread Electric Cooperative Inc give?
- Golden Spread Electric Cooperative Inc reported 4 itemized grants totaling $76,350, out of $149,346 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 3 organizations a year over FY2017 to FY2022.
- What does Golden Spread Electric Cooperative Inc fund?
- By grant dollars over FY2017 to FY2024, its largest causes are Education (91%), Environment (4%), Philanthropy (4%).
- Who are Golden Spread Electric Cooperative Inc's largest grantees?
- By total granted over FY2017 to FY2024: The Opportunity Plan Inc ($60k), West Texas A&M Univ Foundation ($31k), South Texas Electric Cooperative Inc ($25k).
- Does Golden Spread Electric Cooperative Inc fund new organizations?
- In FY2022, 50% of the organizations it funded were first-time grantees.
- Which funders back the same organizations as Golden Spread Electric Cooperative Inc?
- Its strongest co-funders, measured against what their size predicts, include Mays Foundation, Amazonsmile Foundation.
- Where is Golden Spread Electric Cooperative Inc based?
- Golden Spread Electric Cooperative Inc is based in TX.
Play a game based on Golden Spread Electric Cooperative’s filings →