The Carlos Vigil memorial board shall:
A. adopt and promulgate rules governing the acceptance, evaluation and prioritization of applications for grants, including applicant qualifications and the format, procedure and deadlines for grant applications;
B. review grant applications from public agencies and institutions and nonprofit private entities that indicate the qualifications and expertise to provide services for the prevention, resolution and eradication of bullying;
C. process, evaluate and prioritize applications based on the criteria delineated in the board's rules; and
D. award grants to the most qualified grant applicants and reach a broad spectrum of New Mexicans.