Open Foundations · New Mexico

Pnm Foundation Inc

Albuquerque, New Mexico · EIN 850309005. Its Form 990-PF says giving is not restricted to organizations picked in advance, which is how a private foundation files that it accepts unsolicited requests. It paid $1.3M across 159 grants in 2023, a median of $5K each.

All New Mexico foundations · All states

$1.3M
paid in 2023
159
grants paid
$5K
median grant
34%
to first-time recipients
$14.2M
assets on file

How to apply, as filed

Straight off Part XV of the return. Where the foundation left a line blank, this says so rather than guessing.

Send requests to
LAURIE ROACH
Address
414 SILVER SW, ALBUQUERQUE, NM, 871021115
Phone
5052410717
Email
Not stated in the filing
Form the request should take
AVAILABLE ONLINE. THE PNM RESOURCES FOUNDATION OFFERS REGULAR EMPLOYEES, RETIREES AND MEMBERS OF THE BOARD OF DIRECTORS OF PNM RESOURCES, INC. THE OPPORTUNITY TO PARTICIPATE IN BOTH THE MATCHING GRANT AND VOLUNTEER GRANT PROGRAMS. THE MATCHING GRANT PROGRAM PROVIDES A WAY TO DOUBLE AN INDIVIDUAL'S CONTRIBUTION TO A QUALIFYING ORGANIZATION. THE VOLUNTEER GRANT PROGRAM PROVIDES A DONATION ON BEHALF OF THE PARTICIPANT BASED ON VOLUNTEER HOURS WORKED. VOLUNTEER GRANTS ARE ISSUED AS FOLLOWS: 12 TO 24 HOURS OF SERVICES - ORGANIZATION WILL RECEIVE $100; 25 OR MORE HOURS OF SERVICE - ORGANIZATION WILL RECEIVE $200; IF VOLUNTEER ALSO SERVES ON THE BOARD OF THE ORGANIZATION - ORGANIZATION WILL RECEIVE $500.
Submission deadline
SEE APPLICATION
Restrictions on awards
THE PNM RESOURCES FOUNDATION MATCHING GRANT AND VOLUNTEER GRANT PROGRAMS ARE AVAILABLE TO ANY NON-PROFIT ORGANIZATION THAT MEETS THE ELIGIBILITY REQUIREMENTS OUTLINED BELOW. CONTRIBUTIONS MAY BE MADE TO ANY INSTITUTION OR ORGANIZATION SUBJECT TO THE MINIMUM AND MAXIMUM AMOUNTS LISTED BELOW. CONTRIBUTIONS MAY BE DESIGNATED TO A CERTAIN PROGRAM AND/OR ACTIVITY, AND IF SUCH ACTIVITY QUALIFIES, THE PNM RESOURCES FOUNDATION'S GRANT WILL BE DIRECTED TO THE SAME PROGRAM. CONTRIBUTIONS MUST BE IN THE FORM OF CASH OR MARKETABLE SECURITIES. GIFTS IN-KIND, DUES, MEMBERSHIP FEES AND PLEDGES WILL NOT BE MATCHED. ONLY WHOLE DOLLAR AMOUNTS WILL BE MATCHED.

As filed on the Form 990-PF for tax year 2023, IRS filing object id 202413029349101051. Printed word for word, including the entries that only say to see a website or an attachment.

What it funds, in its own words

The words that come up most often across the purposes it wrote on its 2023 grants. These are the foundation's own words, not a category we assigned.

reduce yourdirector discretionaryanniversarypowervolunteermatching

Biggest grants in 2023

The 15 largest of the 159 grants paid in 2023, with the purpose the foundation wrote for each.

#RecipientStateAmountPurpose as filed
1Volunteer Grants Less Than 2000NM$87,000VOLUNTEER GRANTS
2Matching Grants Less Than 2000NM$50,312MATCHING GRANTS
3Communities in Schools North TexasTX$40,00040TH ANNIVERSARY GRANTS
4EncuentroNM$40,00040TH ANNIVERSARY GRANTS
5Explora Science Center & Children's MuseuNM$40,00040TH ANNIVERSARY GRANTS
6Girl Scouts of New Mexico TrailsNM$40,00040TH ANNIVERSARY GRANTS
7Lensic Performing Arts Center CorporationNM$40,00040TH ANNIVERSARY GRANTS
8New Mexico Bio Park Society IncNM$40,00040TH ANNIVERSARY GRANTS
9The First Tee of San Juan County NmNM$40,00040TH ANNIVERSARY GRANTS
10The Nature ConservancyVA$40,00040TH ANNIVERSARY GRANTS
11The Notah Begay Iii FoundationNM$40,00040TH ANNIVERSARY GRANTS
12Thrive in Southern New MexicoNM$40,00040TH ANNIVERSARY GRANTS
13Artrageous Artreach LtdNM$37,500PNM FOUNDATION GRANTS
14Albuquerque Community FoundationNM$20,000EMPLOYEE CRISIS FUND GRANT
15516 ArtsNM$10,00040TH ANNIVERSARY GRANTS

Giving by year, and who received it

Grants paid by year

Every year of this foundation's grants that Civly holds
Tax yearGrantsPaid
2020135$1.3M
2021150$1.4M
2022152$1.3M
2023159$1.3M

Where the money went

Share of 2023 grant dollars by recipient state
New Mexico80%
Texas19%
Virginia1%
California1%

Who decides

Officers, directors and trustees as filed, with the year of the return they appeared on.

Aidan GallegosTRUSTEE · 2023
Angel VelasquezTRUSTEE · 2023
Cathy NewbyVICE PRESIDENT · 2023
Ernie RodarteTRUSTEE · 2023
Jessica AgeeTRUSTEE · 2023
Keith NixTRUSTEE · 2023
Kristin McloughlinTRUSTEE · 2023
Laurie RoachEXECUTIVE DIRECTOR · 2023
Lisa GoodmanPAST PRESIDENT · 2023
Mike MertzSECRETARY/TREASURER · 2023
Ray SandovalTRUSTEE · 2023
Stacey GoodwinPRESIDENT · 2023

Every figure on this page is that foundation's own latest filed year, which is 2022 or later. This foundation is listed because its Form 990-PF says it does not restrict giving to preselected organizations and it paid at least 5 grants totaling $100K or more that year. Latest-year grants and terms per foundation from IRS 990-PF e-file returns; the newest tax year is partial until the IRS finishes releasing it. Grants are de-duplicated on funder, year, recipient and amount, so identical repeat grants collapse into one and totals can run low. Full method.

Source: IRS Form 990-PF e-file releases (public domain). Analysis: Civly.

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