Bethlehem Foundation of New Mexico
Bethlehem Foundation of New Mexico is a private foundation focused on Community and economic development, based in Albuquerque, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $112K in total assets. In 2024, it awarded 2 grants totaling $7K. Net investment income was $6.
Bethlehem Foundation of New Mexico at a glance
In short: Bethlehem Foundation of New Mexico gave $7K across 2 grants in 2024 (avg $4K), mostly in Colorado. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $7,000
- -53.3% vs 2023
- Grants made (2024)
- 2
- -66.7% vs 2023
- Average grant
- $3,500
- +40.0% vs 2023
- Median grant
- $3,500
- Total assets
- $111,515
- -3.0% vs 2023
- Primary geography
- Colorado (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Bethlehem Foundation of New Mexico funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Hold You Support Services ($6K). Together the top 2 received $7K.
Grant Size Distribution
34 grants across all recorded years
The most common grant size was under $50K: 34 grants of 34 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
Cities
How Bethlehem Foundation of New Mexico gives
- Giving fell 89% from 2021 to 2024. Method
- In 2024 it paid out 62% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $7K (2024) to $102K (2020). In 2024 it made 2 grants totaling $7K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hold You Support Services Lafayette, CO | Community Support | $6,000 |
| Journey Authentically Englewood, CO | Community Support | $1,000 |
Ready to take the next step with Bethlehem Foundation of New Mexico?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $111,515 | $6 | $3,500 | $7,000 | 2 | $3,500 | $6 | $5,647 |
| 2023 | $115,009 | $13 | $15,000 | $15,000 | 6 | $15,000 | $13 | $6,672 |
| 2022 | $129,996 | $17 | $32,500 | $32,500 | 7 | $32,500 | $17 | $8,175 |
| 2021 | $162,479 | $22 | $66,951 | $65,833 | 9 | — | $22 | $10,685 |
| 2020 | $229,408 | $28 | $102,079 | $102,000 | 10 | — | $28 | $13,779 |
Under IRS private-foundation payout rules, Bethlehem Foundation of New Mexico reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Bethlehem Foundation of New Mexico is led by Steve Benoit, President & Treasurer on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Steve Benoit
President & Treasurer
On filings since 2020
No compensation reported
Alexiss Benoit Gioielli
Trustee
On filings since 2020
No compensation reported
Jennifer Benoit
Trustee
On filings since 2020
No compensation reported
Kristen Evans
Trustee
On filings since 2020
No compensation reported
Jolene Benoit
Vice President & Secretary
On filings since 2020
No compensation reported
Former officers (1)
- Former: Dennis James (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bethlehem Foundation of New Mexico
How much does Bethlehem Foundation of New Mexico give each year?
Bethlehem Foundation of New Mexico gave $7K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $15K across 6 grants.
How large is Bethlehem Foundation of New Mexico?
Bethlehem Foundation of New Mexico reported $112K in total assets on its 2024 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Bethlehem Foundation of New Mexico?
Bethlehem Foundation of New Mexico is a private foundation focused on Community and economic development, based in Albuquerque, NM. It holds $112K in total assets as of 2024.
Where does Bethlehem Foundation of New Mexico operate?
Bethlehem Foundation of New Mexico has awarded grants in California, Colorado, Illinois, North Carolina, New Mexico, New York, Texas, Virginia.
What is Bethlehem Foundation of New Mexico's EIN?
Bethlehem Foundation of New Mexico's EIN (Employer Identification Number) is 85-0370521. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Bethlehem Foundation of New Mexico's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New Mexico
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Dreamspring
Albuquerque, NM
DreamSpring primarily provides loans, training, and business support to underserved entrepreneurs and small businesses, rather than grants; recent filings report no grants, though a 2020 grant of $15,000 is recorded. It serves entrepreneurs in 27 states, and no typical grant size or process for unsolicited grant requests is stated.
Assets
$66.4M
Grants
356
Total Given
$4.8M
Santa Fe Community Foundation
Santa Fe, NM
The Santa Fe Community Foundation funds 501(c)(3) nonprofits working in health, education, economic opportunity, the environment, arts and culture, and other community priorities; its main focus is Mora, Rio Arriba, San Miguel, and Santa Fe counties, though some funds support work statewide. In 2024, grants ranged from $5,250 to $1,517,500, with a median of $16,006. It accepts proposals through competitive grant cycles and fund-specific opportunities; no grants were open at the time described.
Assets
$144.1M
Grants
302
Total Given
$12.4M
Albuquerque Community Foundation
Albuquerque, NM
The Albuquerque Community Foundation funds nonprofit work in health care, human services, arts and culture, education, environment and historic preservation, and economic and workforce development, serving Bernalillo, Sandoval, Torrance, and Valencia counties. Its 2024 grants had a median of $16,000 and ranged from $5,200 to $663,352; its annual grant cycle has a minimum award of $10,000.
Assets
$160.6M
Grants
245
Total Given
$6.9M
PNM TNMP Foundation
Albuquerque, NM
The PNM TNMP Foundation supports nonprofits working in education, environmental stewardship, and economic vitality, with grants also benefiting a range of community services. It funds organizations in New Mexico and Texas; 2024 grants ranged from $500 to $75,000, with a median grant of $5,000. Its website provides an application for the 2026 PNM Power Grant, but the profile does not explicitly state whether it accepts unsolicited requests.
Assets
$14.2M
Grants
169
Total Given
$1.3M
More similar funders
More Funders in New Mexico
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Bethlehem Foundation of New Mexico's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Bethlehem Foundation of New Mexico down — hundreds of funders to go?