New Mexico Community Foundation

Organization Overview

New Mexico Community Foundation, operating under the name New Mexico Foundation, is located in Santa Fe, NM. The organization was established in 1983. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, New Mexico Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Mexico Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, New Mexico Foundation generated $8.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $5.4m during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, New Mexico Foundation has awarded 348 individual grants totaling $10,582,298. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO STEWARD COMMUNITY RESOURCES, BUILD PARTNERSHIPS, AND CREATE OPPORTUNITIES THAT TRANSFORM LIVES THROUGHOUT NEW MEXICO BY MANAGING DONOR FUNDS AND BY AWARDING GRANTS TO DEVELOP NEW INITIATIVES OR SUPPORT EXISTING PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM & FUNDRAISING - NMCF MANAGES ENDOWED AND NON-PERMANENT DONOR ADVISED, NONPROFIT AGENCY, SCHOLARSHIP, DESIGNATED, COMMUNITY ADVISED, AND FIELD OF INTEREST FUNDS WHICH ADDRESS A WIDE RANGE OF ISSUES: EDUCATION, ARTS AND CULTURE, RURAL DEVELOPMENT, NATIVE PHILANTHROPY AND ENTREPRENEURSHIP, WOMEN, CHILDREN, AND FAMILIES, ENVIRONMENT AND ANIMAL PROTECTION, COMMUNITY LEADERSHIP, CIVIC ENGAGEMENT, AND HEALTH AND WELLNESS.


GRANTS - NMCF POOLS RESOURCES TO SUPPORT NEW MEXICOS MOST UNDERSERVED COMMUNITIES,STRENGTHEN NEW MEXICOS NONPROFITS, AND GROW PHILANTHROPY ESPECIALLY IN RURAL NEWMEXICO, CONNECT DONORS TO VALUABLE PROJECTS AND VULNERABLE COMMUNITIES, AND WORK TOBE RESPONSIVE TO CURRENT, AND OFTEN URGENT, COMMUNITY NEEDS. NMCF INITIATED AND MANAGED PHILANTHROPIC PROGRAMS, GRANTMAKING, AND ACTIVITIES THAT ADDRESSED ISSUES THAT RANGED FROM RURAL ECONOMIES AND PROMOTING NATIVE LEADERSHIP TO ENSURING EQUALITY FOR WOMEN AND FAMILIES. NMCF ACCOMPLISHED THIS IMPORTANT WORK BY BUILDING RELATIONSHIPS WITH COMMUNITY LEADERS, NONPROFITS, DONORS, AND THEIR FINANCIAL ADVISORS TO CREATE GREATER OPPORTUNITY AND PROSPERITY IN NEW MEXICO. THROUGH THESE PARTNERSHIPS, WE AWARDED GRANTS TO DEVELOP NEW INITIATIVES OR SUPPORT EXISTING PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Joann Melchor
President & CEO
$130,998
Carla Melendez
Finance Dir
$96,052
Marshall Poole
Chair
$0
Eun Hong
Treasurer
$0
Laura Hall
Vice Chair
$0
Rosemary Romero
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $11,986
All other contributions, gifts, grants, and similar amounts not included above$6,174,429
Noncash contributions included in lines 1a–1f $218,829
Total Revenue from Contributions, Gifts, Grants & Similar$6,186,415
Total Program Service Revenue$750,404
Investment income $384,481
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,252,010
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,575,952

Grants Awarded

Over the last fiscal year, New Mexico Community Foundation has awarded $2,171,569 in support to 80 organizations.

Grant RecipientAmount

EL CALVARIO UNITED METHODIST

Org PageRecipient Profile

Las Cruces, NM

PURPOSE: General operating support

$250,000

SANTA FE DREAMERS PROJECT

Org PageRecipient Profile

Santa Fe, NM

PURPOSE: General operating support

$100,500

NEW MEXICO IMMIGRANT LAW CENT

Org PageRecipient Profile

Albuquerque, NM

PURPOSE: General operating support

$100,000

REGENTS OF NEW MEXICO STATE U

PURPOSE: Student Scholarship Support

$94,400

HEALTHY ENTRY FOR ASYLEE LIVE

Org PageRecipient Profile

Santa Fe, NM

PURPOSE: Family Service Assistance

$85,000

BORDER SERVANT CORPS

Org PageRecipient Profile

Las Cruces, NM

PURPOSE: General operating support

$80,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 32 grants that New Mexico Community Foundation has recieved totaling $1,980,983.

Awarding OrganizationAmount
Santa Fe Community Foundation

Santa Fe, NM

PURPOSE: GENERAL OPERATING SUPPORT

$201,550
Wend Ii Inc

Bentonville, AR

PURPOSE: VECINO, NEIGHBOR HELPING NEIGHBOR FUND

$200,000
Tides Foundation

San Francisco, CA

PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES

$150,000
Windward Fund

Washington, DC

PURPOSE: ENVIRONMENTAL PROGRAMS

$147,500
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$146,333
Los Alamos National Laboratory Foundation

Espanola, NM

PURPOSE: BROADBAND COMMUNITY AND REGIONAL PROJECTS FUND

$125,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$17,095,005
Earnings$2,195,702
Admin Expense$152,269
Net Contributions$44,014
Other Expense$305,380
Grants$98,379
Ending Balance$18,778,693

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