PNM Resources Foundation has provided 17 nonprofits a total of $500,000 that can be used to offer job skills training, programs supporting entrepreneurs, and efforts to help low income clients get jobs.
“A strong nonprofit sector is key to thriving communities,” said Wayne Frye, PNM Resources Foundation board president in a statement. “It is truly an honor for the PNM Resources Foundation to support so many organizations making such an important economic impact to the communities in which we live, work, and raise our families.”
PNM received more $2.5 million in requests from 80 organizations with award priority given to projects that demonstrated a focus on improving access to technology, contained a well-defined timeline for implementation and showed measurable economic impact.
The 2019 PNM Power Up Economic Vitality grant winners are:
• Albuquerque Hispano Chamber of Commerce – $50,000.
• Best Buddies New Mexico – $10,000.
• CNM Ingenuity, Inc. – $25,000.
• Cultivating Coders, Inc – $25,000.
• Encuentro – $25,000.
• Explora Science Center & Children’s Museum of Albuquerque – $25,000.
• Fathers Building Futures – $25,000.
• Keshet Dance Company – $25,000.
• Partnership For Community Action – $40,000.
• Prosperity Works (Three Sisters Kitchen) – $25,000.
• Rio Grande Community Development Corporation – $50,000.
• Ronald McDonald House Charities of New Mexico – $20,000.
• Abrazos Family Support Services – $10,000.
• New Mexico State University Foundation Inc. – $50,000.
• The Grants Collective – $45,000.
• Creative Startups – $25,000.
• Western New Mexico University Foundation – $25,000.
PNM and the PNM Resources Foundation have awarded more than $23 million over the past six years to nonprofit organizations.
Founded by PNM shareholders, the PNM Foundation is a separate, nonprofit governed by a board of trustees comprised of PNM employees. No customer funds are part of the PNM Resources Foundation endowment. Visit PNM.com/powerup for more grant information.