Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
93 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
10 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Manages funds to benefit New Mexico nonprofits and communities.
Questions for New Mexico Community Trust
Your first name shows with your question. New Mexico Community Trust answers here, for everyone.
To build, invest and manage endowment funds to enhance the quality of new mexico through informed, strategic grantmaking. The organization also provides consulting and other services to various state community foundations as a way of helping other organizations in need.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $6.1M | $4.4M |
| InvestmentsLn 11–13 | $5.1M | $5.8M |
| Total assetsLn 16 | $11.2M | $10.6M |
| LiabilitiesLn 26 | $257K | $549K |
| Net assetsLn 32 | $11.0M | $10.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $5.0M | $5.0M | ||
| Other salaries and wagesLn 7 | $287K | $97K | $150K | $40K |
| Other employee benefitsLn 9 | $201 | $53 | $117 | $31 |
| Management feesLn 11a | $160K | $160K | ||
| Legal feesLn 11b | $1K | $1K | ||
| Accounting feesLn 11c | $49K | $49K | ||
| Investment management feesLn 11f | $11K | $11K | ||
| Other fees for servicesLn 11g | $50K | $50K | ||
| Office expensesLn 13 | $32K | $8K | $20K | $3K |
| Information technologyLn 14 | $20K | $653 | $19K | $382 |
| OccupancyLn 16 | $64K | $18K | $37K | $10K |
| TravelLn 17 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $73K | $72K | $187 | $153 |
| Total functional expensesLn 25 | $5.8M | $5.4M | $339K | $54K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 | $5.2M | $5.8M | −$566K | $10.1M | 990 PDF |
| FY2023Filed with the IRS Nov 13, 2024 | $16.0M | $9.7M | $6.3M | $11.0M | 990 PDF |
| FY2022Filed with the IRS Nov 6, 2023 | $10.3M | $9.4M | $835K | $5.6M | 990 PDF |
| FY2021Filed with the IRS Nov 15, 2022 | $5.0M | $7K | $5.0M | $5.0M | 990 PDF |
Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $5,200,017 revenue, 12 lines filed
Part VI · Governance 7 of 7 board members independent, no flags
Part VIII · Statement of revenue $5,200,017 across 7 lines filed
Part IX · Statement of functional expenses $5,765,788 across 13 lines filed
Part X · Balance sheet $10,626,169 assets, 13 lines filed
Part XI · Reconciliation of net assets $10,077,025 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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