New Mexico Community Trust

ALBUQUERQUE, NM EIN: 85-4395064

TO BUILD, INVEST AND MANAGE ENDOWMENT FUNDS TO ENHANCE THE QUALITY OF NEW MEXICO THROUGH INFORMED, STRATEGIC GRANTMAKING.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$10.6M

-5.3% YoY

Annual Giving

$4.9M

-37.3% YoY

Grant Count

44

-21.4% YoY

Avg Grant Size

$112K

-20.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$9M$13M$18M2021202220232024
Metric202420232022
Total Assets$10,626,169$11,221,185$7,328,007
Revenue$5,200,017$16,029,996$10,280,145
Expenses$5,765,788$9,683,707$9,445,424
Qualifying Distributions
Net Investment Income$244,912$102,587$151,199
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$7M$9M0 grants202141 grants202256 grants202344 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNM PATHWAYS - THE REGEN…$863KNEW MEXICO LEGAL AID$778KNAEVA$295KSILVER CONSOLIDATED SCHO…$250KDREAMTREE PROJECT - TAOS…$235KNEW MEXICO IMMIGRANT LAW…$218KCULTIVATING CODERS$150KST ELIZABETH SHELTER COR…$149KNEW MEXICO BLACK LEADERS…$139KNEW MEXICO WORKFORCE SOL…$130K

Grant Size Distribution

141 grants across all recorded years

43<$50K32$50–100K48$100–250K9$250–500K7$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does New Mexico Community Trust fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRIAN COLONBOARD CHAIR2
WALTER STERNVICE CHAIR2
KENNETH LEACHTREASURER/SECRETARY2
CARL ALONGITRUSTEE2
BEVERLY BENDICKSENTRUSTEE2
WILLIAM LANGTRUSTEE2
MARCUS MIMSTRUSTEE2
R RANDALL ROYSTERPRESIDENT & CEO8
NICHOLAS WILLIAMSCFO8
MARISA MAGALLANEZCOO8

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

AlbuquerqueCarsonCorralesDemingEspanolaFarmingtonHobbsLas CrucesLos AlamosParkerPhoenixRio RanchoSanta FeSilver CitySocorroTaosTempeVelarde

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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