New Mexico Community Trust
New Mexico Community Trust (NMCT) is a tax-exempt public charity based in Albuquerque, New Mexico, established to serve areas not serviced by existing community foundations across the state. The organization operates as both a fiscal agent and provider of back-office support for multiple community foundations throughout New Mexico, while also managing specific grant programs in partnership with government agencies and corporate funders.
Financial Overview
From 2024 IRS Form 990-PF · View filing
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
Mission & Focus Areas
NMCT provides financial, investment, donor, and grant management services for communities across New Mexico. The organization's grant-making focuses on:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
Grant Range
** $2,056 to $2,035,000
Invitation Only
** Application methods vary by program, with most opportunities being invitation-only or available through specific partnerships.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $10,626,169 (2024)
Annual Giving: $8,901,142 (2023)
Revenue: $16 million (2023)
Expenses: $9.68 million (2023)
Total Liabilities: $257,000 (2023)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
135 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Unm Pathways - the Regents of the University of New Mexico ($863,005), New Mexico Legal Aid ($777,621), Naeva ($294,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AMPARO ALBUQUERQUE, NM | HOUSING STABILITY | $40,000 |
| CASA MILAGRO SANTA FE, NM | HOUSING STABILITY | $95,535 |
| CHAINBREAKER COLLECTIVE SANTA FE, NM | HOUSING STABILITY | $10,472 |
| COMMUNITY ACTION AGENCY OF SOUTHERN NM LAS CRUCES, NM | HOUSING STABILITY | $95,984 |
| COMPUTER SCIENCE ALLIANCE SANTA FE, NM | TECHNOLOGY EDUCATION | $110,000 |
| CRISIS CENTER OF NORTHERN NEW MEXICO ESPANOLA, NM | GENERAL SUPPORT | $10,351 |
| CUIDANDO LOS NINOS ALBUQUERQUE, NM | HOUSING STABILITY | $19,212 |
| CULTIVATING CODERS ALBUQUERQUE, NM | TECHNOLOGY EDUCATION | $150,000 |
| DREAMTREE PROJECT - TAOS NEST TAOS, NM | HOUSING STABILITY | $234,986 |
| EL CAMINO REAL HOUSING AUTHORITY SOCORRO, NM | GENERAL SUPPORT | $14,398 |
Leadership & Key People
Leadership team and compensation from IRS filings
Marisa Magallanez serves as President & CEO, noted as the first woman to hold this position.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN COLON | BOARD CHAIR | 2 | — |
| WALTER STERN | VICE CHAIR | 2 | — |
| KENNETH LEACH | TREASURER/SECRETARY | 2 | — |
| CARL ALONGI | TRUSTEE | 2 | — |
| BEVERLY BENDICKSEN | TRUSTEE | 2 | — |
| WILLIAM LANG | TRUSTEE | 2 | — |
| MARCUS MIMS | TRUSTEE | 2 | — |
| R RANDALL ROYSTER | PRESIDENT & CEO | 8 | — |
| NICHOLAS WILLIAMS | CFO | 8 | — |
| MARISA MAGALLANEZ | COO | 8 | — |
Contact Information
Website: www.nmctrust.org
Phone: 505-883-6240
Email: nick@nmctrust.org
Physical Address: 624 Tijeras Ave NW, Albuquerque, NM 87102
Mailing Address: PO Box 25266, Albuquerque, NM 87125-0266
Frequently Asked Questions
What does New Mexico Community Trust fund?
NMCT provides financial, investment, donor, and grant management services for communities across New Mexico. The organization's grant-making focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services
How do I apply for a grant from New Mexico Community Trust?
**Grant Range:** $2,056 to $2,035,000 **Recent Activity:** In 2023, NMCT distributed $8.9 million through 56 grants. **Application Process:** Application methods vary by program, with most opportunities being invitation-only or available through specific partnerships. **Geographic Focus:** New Mexico and Arizona
What size grants does New Mexico Community Trust award?
In 2024, New Mexico Community Trust awarded 44 grants totaling $4.9M — an average of about $112K per grant, based on its IRS Form 990 filings.
What is New Mexico Community Trust's EIN?
New Mexico Community Trust's EIN (Employer Identification Number) is 85-4395064. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in New Mexico Community Trust's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Albuquerque Hispano Chamber of Commerce Foundation
ALBUQUERQUE, NM
Assets
$557K
Grants
1
Total Given
$299K
The Estelle H Yates Foundation
ARTESIA, NM
Assets
$1.8M
Grants
12
Total Given
$2.7M
Quivira Coalition Inc
SANTA FE, NM
Assets
$3.4M
Grants
3
Total Given
$30K
Carroll Petrie Foundation
SANTA FE, NM
Assets
$320.6M
Grants
115
Total Given
$14.2M
Community Foundation of Southern
LAS CRUCES, NM
Assets
$56.6M
Grants
55
Total Given
$3.1M
Randall Taishoff Charitable
SANTA FE, NM
Assets
—
Grants
26
Total Given
$69K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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