Open Foundations · New Mexico

Pnm Foundation Inc

Albuquerque, New Mexico · EIN 850309005. It paid $1.3M across 168 grants in 2024, a median of $5K each. Its Form 990-PF says it accepts unsolicited grant requests.

All New Mexico foundations · All states

$1.3M
paid in 2024
168
grants paid
$5K
median grant
39%
to first-time recipients
$14.2M
assets on file

How to apply, as filed

These application terms come from Part XV of the foundation's Form 990-PF.

Send requests to
EBONY VIZCAINO
Address
414 SILVER SW, ALBUQUERQUE, NM, 871021115
Phone
5052410717
Email
Not stated in the filing
Form the request should take
AVAILABLE ONLINE. THE 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 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.

From the Form 990-PF for tax year 2024, IRS filing object id 202513179349101796. Entries appear as filed.

What it funds, in its own words

These are the most frequent words in the purposes the foundation wrote on its 2024 grants.

reduce yourpathways educationtnmp poweryour tnmpdiscretionarymatching

Biggest grants in 2024

These are the 15 largest of the 168 grants paid in 2024, with the purpose the foundation wrote for each.

#RecipientStateAmountPurpose as filed
1Albuquerque Community FoundationNM$75,000STRAT IMPACT/RESILIENCY GRANTS
2Volunteer Grants Less Than 2000NM$71,550VOLUNTEER GRANTS
3Other - Accrual to CashNM$56,749VARIOUS
4Matching Grants Less Than 2000NM$55,186MATCHING GRANTS
5Albuquerque Community FoundationNM$35,000EMPLOYEE CRISIS FUND GRANT
6Albuquerque Sign Language AcademyNM$15,000PATHWAYS TO EDUCATION GRANTS
7Best Buddies New MexicoNM$15,000PATHWAYS TO EDUCATION GRANTS
8Deming Luna County Econ Development CorpNM$15,000PATHWAYS TO EDUCATION GRANTS
9EncuentroNM$15,000PATHWAYS TO EDUCATION GRANTS
10Inspirempower New MexicoNM$15,000PATHWAYS TO EDUCATION GRANTS
11Jeremiahs PlacePA$15,000PATHWAYS TO EDUCATION GRANTS
12Love Inc of Otero CountyNM$15,000PATHWAYS TO EDUCATION GRANTS
13QuelabNM$15,000PATHWAYS TO EDUCATION GRANTS
14Tenderlove Community Center IncNM$15,000PATHWAYS TO EDUCATION GRANTS
15The Street Food InstituteNM$15,000PATHWAYS TO EDUCATION 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
2024168$1.3M

Where the money went

Share of 2024 grant dollars by recipient state
New Mexico68%
Texas29%
Virginia1%
Pennsylvania1%
New York1%

Who decides

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

Aidan GallegosTRUSTEE · 2024
Angel VelasquezTRUSTEE · 2024
Cathy NewbyVICE PRESIDENT · 2024
Ernie RodarteSECRETARY/TREASURER · 2024
Keith NixTRUSTEE · 2024
Kristin McloughlinTRUSTEE · 2024
Lisa GoodmanPAST PRESIDENT · 2024
Stacey GoodwinPRESIDENT · 2024

Each figure comes from the foundation's latest filed year, 2022 or later. This foundation is listed because its Form 990-PF says giving is not restricted to preselected organizations and it paid at least 5 grants totaling $100K or more that year. Grants and application terms come from each foundation's latest IRS 990-PF e-file return. 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 count once and totals can run low. Full method.

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

More foundations in New Mexico

These other funders in New Mexico say on their returns that they accept unsolicited requests. Each page has the deadline and terms as filed. See all 37.

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