PNM Resources Foundation: A New Century of Service Grant

PNM is committed to building a better future for New Mexico. Creating economic opportunity and ensuring that children get a good education are critical to achieving success and improving the quality of life for all. In 2017, PNM celebrated 100 years of serving New Mexico by awarding grants to organizations that promote economic development and education. Continuing the centennial celebration in 2018, grants will be awarded to the projects that best enhance local communities and provide the broadest possible benefit.

A New Century of Service Grants ($50,000 or $25,000) will support organizations that:

• Innovate or sustain programs and services to grow and develop businesses
• Create or sustain collaborative community spaces for public use
• Provide educational opportunities supporting economic development

Organizations not selected for a New Century of Service Grant will be considered for an Operational Grant (no additional application needed). Operational Grants ($10,000) will support organizations that:

• Support businesses, job growth, workforce training, and economic development in New Mexico
• Provide educational opportunities within PNM communities
• Promote environmental stewardship and resource conservation

Priority will be given to projects that:

• Lead PNM communities to a brighter future
• Fuel a stronger New Mexico through measurable economic impact
• Demonstrate collaboration with other organizations, especially among nonprofits
• Show tangible, near-term results
• Are sustainable or have a clear path to sustainability
• Have a clear plan to build awareness about the project and its value within the community
• Have a well-defined timeline for implementation
• Utilize PNM volunteers, when possible

Amount: A total of $750,000 will be awarded, as follows:

• Five grants valued at $50,000
• Ten grants valued at $25,000
• Twenty-five operational grants valued at $10,000

Eligibility: Tax exempt, nonprofit organizations within PNM’s service territory.

Link: https://www.pnm.com/apply-for-grant

Note: The grant application will open on March 1, 2018.

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