New Mexico Community Trust
New Mexico Community Trust is a public charity based in Albuquerque, New Mexico, formed in 2019. It builds, invests, and manages endowment funds to enhance New Mexico through strategic grantmaking.
New Mexico Community Trust at a glance
In short: New Mexico Community Trust gave $4.9M across 44 grants in 2024 (avg $112K), mostly in New Mexico. 25% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $4,928,759
- -37.3% vs 2023
- Grants made (2024)
- 44
- -21.4% vs 2023
- Average grant
- $112,017
- -20.1% vs 2023
- Median grant
- $61,788
- Total assets
- $10,626,169
- -5.3% vs 2023
- New grantees (estimate)
- 25% first-time grantees (11 of 44, 2024)
- Primary geography
- New Mexico (98% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to New Mexico Community Trust
- How to Apply
-
The filing describes a competitive grant process for nonprofits and government entities but does not specify application procedures.
- Contact
Mailing address: 624 Tijeras Ave Nw, Albuquerque, NM 87102
Phone: (505) 883-6240
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who New Mexico Community Trust funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was New Mexico Legal Aid ($778K). Together the top 10 received $2.5M.
Organizations only. It also paid 1 grant to individuals ($863,005), which are not listed by name.
Grant Size Distribution
141 grants across all recorded years
The most common grant size was in the $100–250K range: 48 grants of 141 (34%).
Geographic Focus
Where this funder awards grants
In 2024, 98% of grant dollars went to recipients in New Mexico and 2% to recipients in Arizona.
Grant Distribution by State
Share of 2024 grant dollars across all 44 itemized grants.
States
Cities
Is New Mexico Community Trust open to new grantees?
25%
first-time grantees, 2024
In 2024, 11 of 44 grantees (25%) were first-time recipients. First grants averaged $150K; repeat grants $99K. How we count
Medians: $75K first-time, $52K repeat.
- 70% of 2024 grantees were also funded in 2023. Method
Estimate from itemized grant lists in IRS Form 990 filings (2022–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $4.9M (2024) to $9.0M (2022). In 2024 it made 44 grants totaling $4.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 grant to individuals Recipients not named | — | $863,005 |
| New Mexico Legal Aid Albuquerque, NM | Housing Stability | $777,621 |
| Naeva Albuquerque, NM | General Support | $294,500 |
| Silver Consolidated Schools Silver City, NM | Technology Education | $250,000 |
| Dreamtree Project - Taos Nest Taos, NM | Housing Stability | $234,986 |
| New Mexico Immigrant Law Center Albuquerque, NM | Housing Stability | $218,281 |
| Cultivating Coders Albuquerque, NM | Technology Education | $150,000 |
| St Elizabeth Shelter Corporation Santa Fe, NM | Housing Stability | $148,765 |
| New Mexico Black Leadership Council Albuquerque, NM | Housing Stability | $138,518 |
| New Mexico Workforce Solutions Dept Albuquerque, NM | General Support | $130,125 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $10,626,169 | $5,200,017 | $5,765,788 | $4,928,759 | 44 | $244,912 |
| 2023 | $11,221,185 | $16,029,996 | $9,683,707 | $7,854,712 | 56 | $102,587 |
| 2022 | $7,328,007 | $10,280,145 | $9,445,424 | $8,953,633 | 41 | $151,199 |
| 2021 | $5,036,487 | $5,041,696 | $7,107 | — | — | — |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Trust’s stated mission is “to build, invest and manage endowment funds to enhance the quality of New Mexico through informed, strategic grantmaking.” Its 2024 grants included awards identified for housing stability, technology education, and general support.
Grantees reflect a range of services and communities. New Mexico Legal Aid says it provides legal assistance to people in New Mexico who cannot afford it, excluding San Juan County. The New Mexico Immigrant Law Center describes its work as providing legal services and education for low-income immigrants and their families. NAEVA says its mission is to educate Native Americans to improve their quality of life. The Computer Science Alliance says it works to make computer science integral to K–12 education and support pathways to college and careers. Casa Milagro describes its work as providing permanent housing and stabilizing services to people exiting homelessness and managing mental health challenges.
Grantmaking
In 2024, the Trust reported 44 grants totaling $4,928,759. Grant amounts ranged from $10,000 to $863,005, with a median of $61,788. The largest awards included $863,005 to an individual recipient—The Regents of the University of New Mexico for housing stability; $777,621 to New Mexico Legal Aid for housing stability; $294,500 to NAEVA for general support; and $250,000 to Silver Consolidated Schools for technology education.
Other 2024 awards included $234,986 to DreamTree Project—Taos Nest for housing stability, $218,281 to the New Mexico Immigrant Law Center for housing stability, and $150,000 to Cultivating Coders for technology education.
The Trust states that nonprofits and government entities receiving grants through a competitive process must provide reports. Grants are typically for one year. If a donor requires a narrative or financial report under the grant agreement or by letter, recipients must follow those guidelines; the final report is due no later than 14 months from the beginning of the grant date.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Brian Colon as board chair; Walter Stern as vice chair; Kenneth Leach as treasurer/secretary; and Carl Alongi, Beverly Bendicksen, William Lang, and Marcus Mims as trustees. It lists R. Randall Royster as president and CEO, Nicholas Williams as CFO, and Marisa Magallanez as COO.
New Mexico Community Trust is led by R. Randall Royster, President & CEO on every filing since 2021; none of the 10 officers listed in 2024 report compensation.
Officers on the 2024 filing
R. Randall Royster
President & CEO
On filings since 2021
8 hrs/week
No compensation reported
Brian Colon
Board Chair
New on the 2024 filing
2 hrs/week
No compensation reported
Carl Alongi
Trustee
Chair → Trustee, 2024
On filings since 2021
2 hrs/week
No compensation reported
William Lang
Trustee
Treasurer → Trustee, 2024
On filings since 2021
2 hrs/week
No compensation reported
Beverly Bendicksen
Trustee
New on the 2024 filing
2 hrs/week
No compensation reported
Marcus Mims
Trustee
New on the 2024 filing
2 hrs/week
No compensation reported
Kenneth Leach
Treasurer & Secretary
Secretary → Treasurer & Secretary, 2024
On filings since 2021
2 hrs/week
No compensation reported
Nicholas Williams
CFO
On filings since 2021
8 hrs/week
No compensation reported
Marisa Magallanez
COO
Vice President Strategy & Equity → COO, 2023
On filings since 2022
8 hrs/week
No compensation reported
Walter Stern
Vice Chair
New on the 2024 filing
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 New Mexico Community Trust
How much does New Mexico Community Trust give each year?
New Mexico Community Trust gave $4.9M across 44 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $7.9M across 56 grants.
What is New Mexico Community Trust's typical grant size?
New Mexico Community Trust's median grant in 2024 was $61,788, and its average grant was $112,017, across 44 grants on its 2024 IRS Form 990. Organizations receiving their first grant from New Mexico Community Trust that year got $150K on average.
Where does New Mexico Community Trust give grants?
New Mexico Community Trust gives mostly in New Mexico: 98% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Albuquerque, NM (19 grants), Santa Fe, NM (6 grants), Espanola, NM (3 grants) and Taos, NM (2 grants).
Does New Mexico Community Trust give general operating support?
Yes: 18% of New Mexico Community Trust's 2024 grants with a stated purpose (8 of 44) were for general or operating support, per its 2024 IRS Form 990. Recurring purposes include "Housing Stability" (30 grants) and "Technology Education" (6 grants).
Who are New Mexico Community Trust's largest grantees?
New Mexico Community Trust's largest 2024 grantees include New Mexico Legal Aid ($777,621), Naeva ($294,500) and Silver Consolidated Schools ($250,000), according to its 2024 IRS Form 990. It also paid 1 grant to individuals ($863,005), which are not listed by name. Together they received 27% of its itemized 2024 grant dollars.
How large is New Mexico Community Trust?
New Mexico Community Trust reported $10.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $5.2M.
What does New Mexico Community Trust fund?
The Trust’s stated mission is “to build, invest and manage endowment funds to enhance the quality of New Mexico through informed, strategic grantmaking.” Its 2024 grants included awards identified for housing stability, technology education, and general support. See mission & focus areas ↑
How do I apply for a grant from New Mexico Community Trust?
The filing describes a competitive grant process for nonprofits and government entities but does not specify application procedures. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 6, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2021–2024
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Similar Funders
Funders that support many of the same organizations
Albuquerque Community Foundation
Albuquerque, NM
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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.
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Marshall L and Perrine D McCune
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Nusenda Foundation
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The Nusenda Foundation supports financial literacy, asset building, and education, health, arts, environmental, and community programs that improve well-being, primarily in New Mexico, with some funding in Texas and Florida. Its 2024 grants ranged from $5,125 to $95,000, with a median of $10,202. Organizations must submit an application; the profile does not say whether unsolicited requests are accepted.
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PNM TNMP Foundation
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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.
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Con Alma Health Foundation Inc
Santa Fe, NM
Con Alma Health Foundation funds New Mexico nonprofits working to improve health equity, access to care, culturally appropriate services, and community health systems. Its 2024 grants ranged from $1,000 to $46,250, with a median of $20,000; it invites nonprofits to apply through its grant programs.
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Cite this profile
Grantable. (2026). New Mexico Community Trust funder profile. GrantGraph. Retrieved October 18, 2026, from https://grantable.co/funders/new-mexico-community-trust-morg_edd3d9df11e74bdb8a79a0401e38146e
BibTeX
@misc{grantable_854395064_2026,
author = {{Grantable}},
title = {{New Mexico Community Trust funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/new-mexico-community-trust-morg_edd3d9df11e74bdb8a79a0401e38146e},
note = {Accessed 2026-10-18. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from New Mexico Community Trust'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.
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