Pnm Resources Foundation

EIN 850309005

Albuquerque, NM 87104 |(505) 241-2209

https://WWW.PNM.COM/FOUNDATION
Total Given 2016–2024
$9.3M
1,100 grants · $1.0M avg/year
based on 9 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$5K
typical small grants · $2K–$10K
grant size
35%
supporter · 189/538 multi-year
repeat
$16.9M
Assets (2024)
538
Distinct Recipients

Focus Areas

Human Services

Application Information

Accepts Unsolicited Proposals Unknown
Contact Person LAURIE ROACH
Phone (505) 241-2209
Deadlines SEE APPLICATION
How to Apply 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.
Restrictions 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.

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $1.0M $17.9M $978K 183
2017 $1.2M $20.0M $1.5M 146
2018 $1.7M $17.5M $1.5M 141
2019 N/A $19.8M $1.8M N/A
2020 $1.3M $21.3M $1.2M 144
2022 $1.3M $14.8M $82K 155
2023 $1.4M $15.9M $603K 162
2024 $1.3M $16.9M $589K 169

Grant Size Distribution

Based on 1100 grants on record

Minimum
$250
25th Pctl
$2K
Median
$5K
Average
$8K
75th Pctl
$10K
Maximum
$215K

Geographic Distribution

Texas Counties Served

15.4% of US grants · Rank #2 of 16 states $935K across 169 grants 33 of 254 counties

Top 10 counties

  1. 1 Denton 46 grants · $270K
  2. 2 Brazoria 17 grants · $130K
  3. 3 Galveston 18 grants · $122K
  4. 4 Bosque 16 grants · $81K
  5. 5 Montague 9 grants · $57K
  6. 6 Hill 8 grants · $42K
  7. 7 Pecos 6 grants · $25K
  8. 8 Tarrant 3 grants · $20K
  9. 9 Harris 4 grants · $19K
  10. 10 Grayson 3 grants · $17K
+23 more counties · 39 grants · $151K

Officers & Directors

Grants Awarded (1,100 total)

Purpose
Albuquerque Community Foundation Albuquerque, NM $215,000 EMPLOYEE CRISIS FUND-HUMAN & HEALTH SERVICES 2017
Cnm Ingenuity Inc Albuquerque, NM $200,000 FOUNDATION GRANT-EDUCATION 2018
Other - Accrual to Cash Adjustment Albuquerque, NM $157,450 VARIOUS 2022
Other - Accrual to Cash Adjustment Albuquerque, NM $106,428 VARIOUS 2020
Albuquerque Community Foundation Albuquerque, NM $100,000 EMPLOYEE CRISIS FUND GRANT-HUMAN & HEALTH SERVICES 2018
Albuquerque Hispano Chamber of Commerce Albuquerque, NM $100,000 FOUNDATION GRANT-ECONOMIC VITALITY 2018
Women'S Economic Self-Sufficiency Team Albuquerque, NM $100,000 FOUNDATION GRANT-ECONOMIC VITALITY 2018
New Mexico State University Foundation Las Cruces, NM $100,000 FOUNDATION GRANT-EDUCATION 2018
Adelante Development Center Inc Albuquerque, NM $100,000 CENTENNIAL GRANTS-HUMAN & HEALTH SERVICES 2017
Volunteer Grants Less Than 5000 Albuquerque, NM $91,000 EMPLOYEE VOLUNTEER 2020
Matching Grants Less Than 5000 Albuquerque, NM $90,391 EMPLOYEE MATCHING 2020
Volunteer Grants Less Than 2000 Albuquerque, NM $87,000 VOLUNTEER GRANTS 2023
Volunteer Grants Less Than 5000 Albuquerque, NM $82,300 EMPLOYEE VOLUNTEER 2022
Albuquerque Community Foundation Albuquerque, NM $75,000 STRAT IMPACT/RESILIENCY GRANTS 2024
Volunteer Grants Less Than 2000 Albuquerque, NM $71,550 VOLUNTEER GRANTS 2024
Matching Grants Less Than 2000 Albuquerque, NM $60,137 EMPLOYEE MATCHING 2022
Other - Accrual to Cash Albuquerque, NM $56,749 VARIOUS 2024
Matching Grants Less Than 2000 Albuquerque, NM $55,186 MATCHING GRANTS 2024
Matching Grants Less Than 2000 Albuquerque, NM $50,312 MATCHING GRANTS 2023
Volunteer Grants Less Than 1000 Albuquerque, NM $50,050 VOLUNTEER GRANT-OTHER 2018
Cultivating Coders Inc Albuquerque, NM $50,000 CENTENNIAL GRANT-EDUCATION 2018
Fathers Building Futures Albuquerque, NM $50,000 CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 2018
Galloping Grace Youth Ranch Rio Rancho, NM $50,000 CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 2018
St Martin'S Hospitality Center Albuquerque, NM $50,000 CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 2018
Reunity Resources Santa Fe, NM $50,000 CENTENNIAL GRANT-OTHER 2018