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
$179KIndigidao (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
$3KCommunity 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
$32KFiscal 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
Financial Snapshot
2024 filing
Total Revenue
$5.0M
Total Expenses
$2.9M
Giving Over Time
4 years
Total dollars recorded per filing year. Scale adjusts to the foundation's range.
Top Recipients
8 grants
Grant Size Distribution
8 grants
Geographic Focus
2 states
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