PNM Foundation – PNM Power Grant (2026)

Flexible Community Grants for New Mexico Nonprofits

Organization: PNM | TNMP Foundation
Support Type: Charitable grants (flexible funding)
Geographic Focus: New Mexico (PNM service territory)
Estimated Total Funding (2026): ~$700,000
Typical Award Range: $7,500 – $50,000
Grant Type: One-time award

About the Funder

Each year, the PNM | TNMP Foundation awards more than $1 million in grants to support nonprofit organizations serving communities across New Mexico and Texas. In 2026, eligible New Mexico nonprofits are invited to apply for the PNM Power Grant, the Foundation’s primary community grant opportunity in the state.

The Power Grant reflects a trust-based approach to philanthropy, recognizing that nonprofits are closest to their communities and best positioned to identify local needs.

What This Program Supports

The 2026 PNM Power Grant provides flexible funding to organizations whose work strengthens communities and advances one or more of the Foundation’s three core pillars:

Education

Programs that improve educational access, quality, and outcomes for New Mexicans.

Economic Vitality

Initiatives that strengthen local economies, workforce development, and long-term community prosperity.

Environment

Efforts that promote environmental stewardship, sustainability, and responsible resource management.

Funding may support:

• Programs and direct services
• General operating expenses
• Capacity-building initiatives
• Community-identified priorities

As long as the work clearly benefits communities served by PNM, organizations have flexibility in how funds are used.

Funding Details

• Total Available (2026): Approximately $700,000
• Typical Grant Range: $7,500 – $50,000
• Award Type: One-time grant (not multi-year)

Larger awards are typically directed to organizations that:

• Serve multiple communities across PNM’s service territory
• Intentionally prioritize underserved or historically under-resourced populations
• Demonstrate strong alignment, measurable impact, scale, and equity considerations

Organizations proposing new or pilot initiatives should describe how the work will continue beyond the grant period.

Eligibility

Eligible applicants must:

• Be nonprofit organizations serving communities in New Mexico
• Clearly align with one or more of the Foundation’s core pillars
• Demonstrate community benefit within PNM’s service territory

Organizations of all sizes are encouraged to apply.

Timeline & Review

📅 Application Timeline: 2026 cycle (see website for deadlines)
📅 Grant Type: One-time award
📅 Review Criteria: Alignment, impact, scale, equity considerations, and available funding

Application Process

Applications must be submitted through the Foundation’s online grant portal.

Applicants should:

• Clearly describe how funding will benefit PNM communities
• Demonstrate alignment with Education, Economic Vitality, or Environment
• Outline sustainability plans for new or pilot initiatives

Apply / Learn More

➡️ https://www.pnm.com/apply-for-grant#

Why This Opportunity Is a Good Fit

This opportunity is a strong fit for:

• New Mexico-based nonprofits seeking flexible, trust-based funding
• Organizations serving rural or historically under-resourced communities
• Multi-community or statewide initiatives
• Groups seeking operating or capacity-building support in addition to program funding

The PNM Power Grant is especially well-suited for nonprofits that can clearly articulate community impact and long-term sustainability.

Corporate Grants Guide Notes

Review Type: Annual
Typical Award Size: $7,500–$50,000
Best Suited For: New Mexico nonprofits advancing education, economic vitality, and environmental stewardship within PNM’s service territory