Nusenda Foundation
Nusenda Foundation is a 501(c)(3) nonprofit organization based in Albuquerque, New Mexico. Established in 2015, the foundation operates in partnership with Nusenda Federal Credit Union to support and expand the credit union's philanthropic efforts and community outreach. The foundation works to enhance the education, health, social, and economic conditions of the communities its members live in through collaborative partnerships and innovative solutions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+22.5% YoY
Annual Giving
$735K
+20.2% YoY
Grant Count
57
-9.5% YoY
Avg Grant Size
$13K
+32.9% YoY
Mission & Focus Areas
Mission Statement: To create stronger communities where members live and work through collaborative partnerships; and by investing in innovative solutions to improve education, health, social, and economic outcomes.
The foundation's work is organized around five primary focus areas:
- Education
- Healthcare
- The Arts
- Wildlife & Environment
- Community Services & Support
Grantmaking
Nusenda Foundation's flagship program is **Community Rewards®**, a grant program that provides funds to organizations in the areas it serves to support vulnerable populations.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily serves New Mexico and West Texas, with some grant activity extending to Florida.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
- Total Assets: $3,339,333
- Total Expenses: $854,495
- Total Revenues: $1,565,802
As of December 31, 2023:
- Total Assets: $2,727,050
- Total Liabilities: $215,620
- Net Assets/Fund Balances: $2,511,430
- Total Expenses: $845,463
- Investment Income: $81,355
- Gross Receipts from All Sources: $1,875,939
Organization Structure:
- Employees: 0
- Volunteers: 6
- Governing Body: 5 voting members (all independent)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,339,333 | $2,727,050 | $2,397,539 |
| Revenue | $1,565,802 | $879,703 | $532,049 |
| Expenses | $854,495 | $845,463 | $887,301 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $101,029 | $81,355 | $36,635 |
| 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
233 grants across all recorded years
Open Grants
1 open opportunity from Nusenda Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SARA KELLER | EXECUTIVE DIRECTOR/CHAIR | 1 | — |
| SARAH LOPEZ | SECRETARY | 1 | — |
| DANIEL MEYER | VICE CHAIR | 1 | — |
| FRANK GUTIERREZ | DIRECTOR | 1 | — |
| JUNE MANNING | DIRECTOR | 1 | — |
| LEIGH ANNE CHAVEZ | DIRECTOR | 1 | — |
| NIKKI BUNCH | DIRECTOR | 1 | — |
| DEBORAH CONLEY | DIRECTOR | 1 | — |
| BRANDON WALDSCHMIDT | TREASURER | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation celebrated 10 years of giving in 2025 with a record $1 million in Community Rewards grants distributed to organizations across its service areas. The foundation continues to operate its Community Rewards grant cycle on an ongoing basis, with regular grant distributions announced throughout the year.
Nusenda opens Community Rewards grant cycle - The Taos NewsRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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