Funder DirectoryNEW MEXICO COMMUNITY CAPITAL
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Grantmaking public charityEIN 201798654

NEW MEXICO COMMUNITY CAPITAL

ALBUQUERQUE, NM 87102

Total Assets

$9.8M

FY 2024

Annual Giving

$191K

FY 2024

Grants Made

1

FY 2024

Avg Grant

$191K

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$179K

Indigidao (funded by robert wood johnson foundation) proposes to assess how or if web 3.0 tools (including dao+, blockchain, etc) can be used to advance indigenous core values like collaboration, reciprocity, shared ownership, and nourishment-based exchange, without exploiting the communities and individuals involved. Our aims in the short term are to support native american entrepreneurs and to counter the potentially extractive nature of these emerging tools, through a co-designed fund among a representative community that provides access to working capital and other values in a safe and reinforcing environment. In time we hope this initiative contributes to and/or informs a shift in the nature of economics in our communities and beyond.

Program 2

$3K

Community lending (funded by rooted relative fund (rcac) and nusenda credit union) - nmcc acts as the bridge between community and nontraditional lenders. Through these programs nmcc provides ta support to ensure that community members are qualified to receive loans and to ensure they are able to meet there loan commitments.

Program 3

$32K

Fiscal services - fiscal sponsorship services are provided to companies in the community who have a nonprofit mission, many of which are in the process of getting their own 501(c)3 status. This program is financed through a percentage of the grants sponsorees receive.

Focus Areas

S32

Financial Snapshot

2024 filing

Total Revenue

$5.0M

Total Expenses

$2.9M

Giving Over Time

4 years

Giving over time from 2021 to 2024. Peak $947K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

8 grants

$650K
2 grants
$487K
1 grant
$292K
2 grants

Grant Size Distribution

8 grants

<$10K
$10–50K
$50–250K
4
grants
$250K–1M
4
grants
$1–5M
$5M+

Geographic Focus

2 states

New Mexico
$1.2M
81% of total
Arizona
$292K
19% of total

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