PNM Resources Foundation
Serving New Mexico for 25 years
PNM Resources Foundation is dedicated to improving the quality of life in the communities served by the subsidiaries of PNM Resources.
The Foundation seeks opportunities for engaged philanthropy through a focus on education, environmental awareness and education, economic vitality and employee engagement.
During
the last 25 years, the PNM Resources Foundation has helped
improve the quality of life in New Mexico by supporting nonprofit
organizations.
The PNM Fund, a division of the PNM Resources Foundation,
has invested over $7 million to fund nonprofit projects
that meet community needs. More than $780,000 is distributed
annually through PNM Reduce Your Use Grants, PNM Classroom
Innovation Grants, Matching
Grants, Volunteer Grants and Volunteer Excellence Awards.
In 1983, PNM shareholders created the PNM Foundation as a separate, nonprofit, tax-exempt corporation
governed by a board of trustees comprised of PNM employees. In 2005, with the acquisition of First Choice Power and Texas-New Mexico Power Co., the foundation expanded its' scope to include parts of Texas. No customer funds are part of the PNM Resources Foundation endowment.
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