News Release

May 3, 2013
PNM Resources Foundation Commemorates 30 years of Community Involvement with $300,000 in Environmental Grants

Albuquerque: The PNM Resources Foundation is launching a new grant program focused on community environmental projects to celebrate its 30th anniversary.

The Foundation will select 30 projects submitted by nonprofits and award each one $10,000 to complete a project for the environmental benefit of the public.

The 30th Anniversary Grant Program was launched today with community leaders, employees and a variety of local nonprofits that have current partnerships with the PNM Resources Foundation. Nonprofit organizations throughout PNM's service area are encouraged to submit proposals.

"Nonprofit organizations in New Mexico do wonderful work in our communities, and we are pleased to support that work over the past 30 years. The environmental focus of the 30th Anniversary Grant Program will positively impact our communities for many years to come," said Diane Harrison Ogawa, executive director of the PNM Resources Foundation.

Proposed projects can be anything from water conservation projects to community gardens. Project proposals must promote environmental benefits and/or community improvements that are long lived, visible in the community and beneficial to community members. Proposals will be accepted until June 17, 2013. Projects must have a 2013 completion date.

Since 1983, the Foundation, which is funded by PNM shareholders, has invested more than $11 million into helping to build strong, productive communities in New Mexico.

Nonprofit organizations and the general public are encouraged to tweet about projects they would like to see funded by using #PNMfund30yrs. PNM will also tweet about proposals received using #PNMfund30yrs, so be sure to follow @pnmtalk on Twitter or like the PNM Resources Foundation Facebook page at Facebook.com/PNMResourcesFoundation or PNM's Facebook page at Facebook.com/PNMElectric to keep track of submitted projects.

For more information or to submit a proposal please visit PNM.com/foundation.

With headquarters in Albuquerque, PNM is the largest electricity provider in New Mexico, serving 500,000 customers in dozens of communities across the state. PNM is a subsidiary of PNM Resources, an energy holding company also headquartered in Albuquerque. For more information, visit PNM.com.

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. For more information, visit PNM.com.