Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
PNM RESOURCES FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)414 SILVER SW
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ALBUQUERQUE, NM871021115
A Employer identification number

85-0309005
B Telephone number (see instructions)

(505) 241-2209
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$17,510,596J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 500,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 176    
4 Dividends and interest from securities... 379,442 379,442  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 653,208
b Gross sales price for all assets on line 6a 3,243,256
7 Capital gain net income (from Part IV, line 2)... 653,208
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 15,316 15,316  
12 Total. Add lines 1 through 11........ 1,548,142 1,047,966  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 35,586 24,911   10,675
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,935 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 18,128 18,128   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 63,649 43,039   10,675
25 Contributions, gifts, grants paid....... 1,656,375 1,656,375
26 Total expenses and disbursements. Add lines 24 and 25 1,720,024 43,039   1,667,050
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -171,882
b Net investment income (if negative, enter -0-) 1,004,927
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 19,785 18,602 18,602
2 Savings and temporary cash investments......... 265,836 14,722 14,722
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet500,000
Less: allowance for doubtful accounts bullet   1,000,000 500,000 500,000
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 15,546,890 Click to see attachment15,629,065 16,977,272
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 16,832,511 16,162,389 17,510,596
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 500 505,825
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment4,394 Click to see attachment1,829
23 Total liabilities (add lines 17 through 22)......... 4,894 507,654
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 15,827,617 15,154,735
25 Temporarily restricted............... 1,000,000 500,000
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 16,827,617 15,654,735
31 Total liabilities and net assets/fund balances (see instructions). 16,832,511 16,162,389
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
16,827,617
2
Enter amount from Part I, line 27a .....................
2
-171,882
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
16,655,735
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,001,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
15,654,735
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a JPMORGAN VALUE ADVANTAGE P   2018-01-18
b VULCAN VALUE PARTNERS FUND P   2018-01-18
c VANGUARD 500 INDEX FD P   2018-02-12
d VANGUARD 500 INDEX FD P   2018-03-07
e VANGUARD 500 INDEX FD P   2018-04-30
VANGUARD 500 INDEX FD P   2018-05-14
MFS GOLBAL EQUITY FUND I P   2018-06-08
MFS GOLBAL EQUITY FUND I P   2018-07-09
VANGUARD 500 INDEX FD P   2018-07-18
DODGE & COX INCOME FD P   2018-08-14
DODGE & COX INCOME FD P   2018-09-17
JPMORGAN VALUE ADVANTAGE P   2018-09-17
MFS GOLBAL EQUITY FUND I P   2018-09-17
NATIXIS LOOMIS SAY C/P BND-Y P   2018-09-17
PIMCO INV GRD CRD BND P   2018-09-17
PRIMECAP ODYSSEY GROWTH P   2018-09-17
VANGUARD 500 INDEX FD P   2018-09-17
VULCAN VALUE PARTNERS FUND P   2018-09-17
DODGE & COX INCOME FD P   2018-10-31
VANGUARD 500 INDEX FD P   2018-10-31
DODGE & COX INCOME FD P   2018-11-13
NATIXIS LOOMIS SAY C/P BND-Y P   2018-11-13
PIMCO INV GRD CRD BND P   2018-11-13
DODGE & COX INCOME FD P   2018-12-06
MFS GOLBAL EQUITY FUND I P   2018-12-20
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 170,000   137,623 32,377
b 100,000   77,206 22,794
c 6,000   3,009 2,991
d 22,000   10,729 11,271
e 33,000   16,405 16,595
19,000   9,306 9,694
15,000   12,568 2,432
13,000   10,933 2,067
10,000   4,778 5,222
10,000   9,852 148
180,000   177,334 2,666
20,000   16,058 3,942
150,000   123,444 26,556
50,000   51,261 -1,261
50,000   52,210 -2,210
100,000   87,376 12,624
150,000   69,607 80,393
100,000   76,209 23,791
30,000   29,782 218
65,000   30,488 34,512
10,000   9,993 7
5,000   5,208 -208
5,000   5,309 -309
155,000   154,663 337
1,412,324   1,408,697 3,627
362,932     362,932
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       32,377
b       22,794
c       2,991
d       11,271
e       16,595
      9,694
      2,432
      2,067
      5,222
      148
      2,666
      3,942
      26,556
      -1,261
      -2,210
      12,624
      80,393
      23,791
      218
      34,512
      7
      -208
      -309
      337
      3,627
      362,932
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 653,208
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 1,208,049 18,420,137 0.065583
2016 1,037,063 17,219,418 0.060226
2015 1,096,802 18,117,357 0.060539
2014 1,103,859 18,496,354 0.059680
2013 841,688 14,244,825 0.059087
2
Total of line 1, column (d) .....................
2
0.305115
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.061023
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
18,640,647
5
Multiply line 4 by line 3......................
5
1,137,508
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
10,049
7
Add lines 5 and 6........................
7
1,147,557
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,667,050
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 10,049
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 10,049
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 10,049
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 12,998
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 12,998
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 102
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,847
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet2,847 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNM
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.PNM.COM/FOUNDATION
    14
    The books are in care ofbulletTIMOTHY REYNOLDS Telephone no.bullet (505) 241-2209

    Located atbullet1430 TIERRA VERDE PL SWALBUQUERQUENM ZIP+4bullet87105
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MAUREEN GANNON TRUSTEE
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    LISA GOODMAN TRUSTEE
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    SAYURI YAMADA TRUSTEE
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    PATRICK APODACA TRUSTEE
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    MARY PARRA TRUSTEE
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    WAYNE FRYE VICE PRESIDENT
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    BECKY TEAGUE PRESIDENT
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    STACEY GOODWIN TRUSTEE
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    KATHLEEN LARESE EXECUTIVE DIRECTOR
    15.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    KEITH NIX SECRETARY/TREASURER
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    18,872,131
    b
    Average of monthly cash balances.......................
    1b
    52,384
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    18,924,515
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    18,924,515
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    283,868
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    18,640,647
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    932,032
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    932,032
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    10,049
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,049
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    921,983
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    921,983
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    921,983
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,667,050
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,667,050
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    10,049
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,657,001
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 921,983
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 139,971
    b From 2014...... 195,823
    c From 2015...... 214,372
    d From 2016...... 194,842
    e From 2017...... 315,578
    fTotal of lines 3a through e........ 1,060,586
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,667,050
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2018 distributable amount..... 921,983
    e Remaining amount distributed out of corpus 745,067
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,805,653
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		139,971
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		1,665,682
    10 Analysis of line 9:
    a Excess from 2014.... 195,823
    b Excess from 2015.... 214,372
    c Excess from 2016.... 194,842
    d Excess from 2017.... 315,578
    e Excess from 2018.... 745,067
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LAURIE ROACH
    414 SILVER SW
    ALBUQUERQUE,NM871021115
    (505) 241-0717
    bThe form in which applications should be submitted and information and materials they should include:
    AVAILABLE ONLINE. THE PNM RESOURCES FOUNDATION OFFERS REGULAR EMPLOYEES, RETIREES AND MEMBERS OF THE BOARD OF DIRECTORS OF PNM RESOURCES, INC. THE OPPORTUNITY TO PARTICIPATE IN BOTH THE MATCHING GRANT AND VOLUNTEER GRANT PROGRAMS. THE MATCHING GRANT PROGRAM PROVIDES A WAY TO DOUBLE AN INDIVIDUAL'S CONTRIBUTION TO A QUALIFYING ORGANIZATION. THE VOLUNTEER GRANT PROGRAM PROVIDES A DONATION ON BEHALF OF THE PARTICIPANT BASED ON VOLUNTEER HOURS WORKED. VOLUNTEER GRANTS ARE ISSUED AS FOLLOWS: 12 TO 24 HOURS OF SERVICES - ORGANIZATION WILL RECEIVE $100; 25 OR MORE HOURS OF SERVICE - ORGANIZATION WILL RECEIVE $200; IF VOLUNTEER ALSO SERVES ON THE BOARD OF THE ORGANIZATION - ORGANIZATION WILL RECEIVE $500.
    cAny submission deadlines:
    SEE APPLICATION
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE PNM RESOURCES FOUNDATION MATCHING GRANT AND VOLUNTEER GRANT PROGRAMS ARE AVAILABLE TO ANY NON-PROFIT ORGANIZATION THAT MEETS THE ELIGIBILITY REQUIREMENTS OUTLINED BELOW. CONTRIBUTIONS MAY BE MADE TO ANY INSTITUTION OR ORGANIZATION SUBJECT TO THE MINIMUM AND MAXIMUM AMOUNTS LISTED BELOW. CONTRIBUTIONS MAY BE DESIGNATED TO A CERTAIN PROGRAM AND/OR ACTIVITY, AND IF SUCH ACTIVITY QUALIFIES, THE PNM RESOURCES FOUNDATION'S GRANT WILL BE DIRECTED TO THE SAME PROGRAM. CONTRIBUTIONS MUST BE IN THE FORM OF CASH OR MARKETABLE SECURITIES. GIFTS IN-KIND, DUES, MEMBERSHIP FEES AND PLEDGES WILL NOT BE MATCHED. ONLY WHOLE DOLLAR AMOUNTS WILL BE MATCHED.
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LAURIE ROACH
    414 SILVER SW
    ALBUQUERQUE,NM871021115
    (505) 241-0717
    bThe form in which applications should be submitted and information and materials they should include:
    DIRECTOR GRANT REQUEST. ALL MEMBERS OF THE PNM RESOURCES FOUNDATION'S BOARD OF DIRECTORS ARE ABLE TO CONTRIBUTE A MAXIMUM OF $1,000 PER YEAR TO A QUALIFYING ORGANIZATION OF THEIR CHOICE. IN ADDITION, UPON APPROVAL OF THE BOARD, OTHER DICTIONARY BOARD GRANTS ARE MADE TO VARIOUS COMMUNITY ORGANIZATIONS. OTHER DICTIONARY BOARD GRANTS ARE GIVEN TO COMMUNITY ORGANIZATIONS IN AREAS OF GREATEST NEED. RECIPIENTS ARE BASED ON THE KNOWLEDGE OF THE RESPECTIVE COMMUNITY'S NEEDS AND ARE SELECTED AND APPROVED BY THE BOARD.
    cAny submission deadlines:
    DURING DIRECTOR TERM
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE DESCRIPTION.
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LAURIE ROACH
    414 SILVER SW
    ALBUQUERQUE,NM871021115
    (505) 241-0717
    bThe form in which applications should be submitted and information and materials they should include:
    PNM POWER UP GRANTS AIM TO STRENGTHEN NEW MEXICO BY INVESTING IN OUR COMMUNITIES. THE GRANTS SEEK INNOVATIVE AND CREATIVE PROPOSALS THAT SUPPORT THE COMMUNITIES PNM SERVES AND WHERE IT HAS BUSINESS INTERESTS. PROPOSALS SHOULD FOSTER COMMUNITY ENGAGEMENT, THE IDENTITY OF A PLACE AND HELP TO TRANSFOR A COMMUNITY. GRANTS MAY BE SUBMITTED FOR UP TO $20,000. A TOTAL OF $500,000 IN FUNIDING IS AVAILABLE. GRANTS SHOULD CLEARLY DEMONSTRATE PLAN TO CREATE AWARENESS OF PNM WITHIN THE COMMUNITY AND, WHERE POSSIBLE, ENGAGE PNM EMPLOYEES. APPLICATIONS MAY ONLY BE SUBMITTED BY 501(C)(3) NON-PROFIT ORGANIZATIONS. NON-PROFITS MAY ONLY APPLY ONCE, UNLESS ACTING AS A FISCAL AGENT.
    cAny submission deadlines:
    GRANT CYCLE IS APRIL 6TH THROUGH MAY 8TH
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE ORGANIZATIONS MUST MEET THE BASIC REQUIREMENTS LISTED ABOVE TO QUALIFY FOR NOMINATION AND APPROVAL BY THE BOARD.
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    LAURIE ROACH
    414 SILVER SW
    ALBUQUERQUE,NM871021115
    (505) 241-0717
    bThe form in which applications should be submitted and information and materials they should include:
    PNM IS COMMITTED TO BUILDING A BETTER FUTURE FOR NEW MEXICO. CREATING ECONOMIC OPPORTUNITY AND ENSURING THAT OUR CHILDREN GET A GOOD EDUCATION ARE CRITICAL TO ACHIEVING SUCCESS AND IMPROVING THE QUALITY OF LIFE FOR ALL. A NEW CENTURY OF SERVICE GRANTS WILL SUPPORT ORGANIZATIONS THAT: INNOVATE NEW PRODUCTS AND SERVICES TO GROW AND DEVELOP BUSINESSES; CREATE COLLABORATIVE COMMUNITY SPACES FOR PUBLIC USE; PROVIDE EDUCATIONAL OPPORTUNITIES SUPPORTING ECONOMIC DEVELOPMENT. GRANTS ARE AWARDED IN THE AMOUNTS OF $100,000, $50,000, AND $10,000. A TOTAL OF $750,000 IS AVAILABLE. GRANTS SHOULD CLEARLY DEMONSTRATE A PLAN TO CREATE AWARENESS OF PNM WITHIN THE COMMUNITY AND, WHERE POSSIBLE, ENGAGE PNM EMPLOYEES. APPLICATIONS MAY ONLY BE SUBMITTED BY 501(C)(3) NON-PROFIT ORGANIZATIONS.
    cAny submission deadlines:
    GRANT CYCLE IS MARCH 1ST THROUGH MAY 9TH.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE ORGANIZATIONS MUST MEET THE BASIC REQUIREMENTS LISTED ABOVE TO QUALIFY FOR NOMINATION AND APPROVAL BY THE BOARD.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    THE NAT'L CENTER FOR FRONTIER COMMUNITIES
    902 SANTA RITA ST
    SILVER CITY,NM88061     		NONE EXEMPT CENTENNIAL GRANT-ARTS & CULTURE 10,000
    COOKING WITH KIDS INC
    1400 MACLOVIA ST
    SANTA FE,NM87505     		NONE EXEMPT CENTENNIAL GRANT-ARTS & CULTURE 10,000
    FORT BAYARD HIST PRESERVATION SOCIETY
    PO BOX 14
    SILVER CITY,NM88062     		NONE EXEMPT CENTENNIAL GRANT-ARTS & CULTURE 10,000
    DOWNTOWNABQ MAINSTREET INITIATIVE
    100 GOLD AVE SW STE 204
    ALBUQUERQUE,NM87102     		NONE EXEMPT CENTENNIAL GRANT-ECONOMIC VITALITY 25,000
    ALAMOGORDO MAINSTREET
    919 1/2 N NEW YORK AVE
    ALAMOGORDO,NM88310     		NONE EXEMPT CENTENNIAL GRANT-ECONOMIC VITALITY 10,000
    RUIDOSO MIDTOWN ASSOCIATION
    720 SUDDERTH DR
    RUIDOSO,NM88345     		NONE EXEMPT CENTENNIAL GRANT-ECONOMIC VITALITY 10,000
    INNOVATE-EDUCATE
    422 OLD SANTA FE TRAIL
    SANTA FE,NM87501     		NONE EXEMPT CENTENNIAL GRANT-EDUCATION 25,000
    SANTA FE COUNCIL ON INTL RELATIONS
    413 GRANT AVE D
    SANTA FE,NM87501     		NONE EXEMPT CENTENNIAL GRANT-EDUCATION 10,000
    ASOMBRO INSTITUTE FOR SCIENCE EDUCATION
    PO BOX 891
    LAS CRUCES,NM88004     		NONE EXEMPT CENTENNIAL GRANT-EDUCATION 25,000
    NEW MEXICO STATE UNIVERSITY FOUNDATION
    PO BOX 3590
    LAS CRUCES,NM88003     		NONE EXEMPT CENTENNIAL GRANT-EDUCATION 10,000
    NM MUSEUM OF NATURAL HISTORY FOUNDATION
    PO BOX 25446
    ALBUQUERQUE,NM87125     		NONE EXEMPT CENTENNIAL GRANT-EDUCATION 10,000
    UNIVERSITY OF NEW MEXICO FOUNDATION
    700 LOMAS NE SUITE 108
    ALBUQUERQUE,NM87102     		NONE EXEMPT CENTENNIAL GRANT-EDUCATION 10,000
    GIRL SCOUTS OF NEW MEXICO TRAILS
    4000 JEFFERSON PLAZA NE
    ALBUQUERQUE,NM87109     		NONE EXEMPT CENTENNIAL GRANT-EDUCATION 25,000
    COMMUNITY LEARNING NETWORK
    PO BOX 33423
    SANTA FE,NM87594     		NONE EXEMPT CENTENNIAL GRANT-EDUCATION 10,000
    CULTIVATING CODERS INC
    219 CENTRAL AVE NW SUITE 200
    ALBUQUERQUE,NM87102     		NONE EXEMPT CENTENNIAL GRANT-EDUCATION 50,000
    AAUW TECH TREK NEW MEXICO
    PO BOX 62
    SOCORRO,NM87801     		NONE EXEMPT CENTENNIAL GRANT-EDUCATION 10,000
    BELEN CONSOLIDATED SCHOOLS
    520 N MAIN
    BELEN,NM87002     		NONE EXEMPT CENTENNIAL GRANT-EDUCATION 20,000
    CNM FOUNDATION
    525 BUENA VISTA DR SE
    ALBUQUERQUE,NM87106     		NONE EXEMPT CENTENNIAL GRANT-EDUCATION 25,000
    GIRL SCOUTS OF THE DESERT SW
    9700 GIRL SCOUT WAY
    EL PASO,TX79924     		NONE EXEMPT CENTENNIAL GRANT-EDUCATION/FITNESS 10,000
    ST FELIX PANTRY
    4020 BARBARA LOOP SE
    RIO RANCHO,NM87124     		NONE EXEMPT CENTENNIAL GRANT-ENVIRONMENT 25,000
    EXPLORA SCIENCE CENTER & CHILDREN'S MUSEU
    1701 MOUNTAIN RD NW
    ALBUQUERQUE,NM87104     		NONE EXEMPT CENTENNIAL GRANT-ENVIRONMENT 25,000
    NEW MEXICO LAND CONSERVANCY
    PO BOX 6759
    SANTA FE,NM87502     		NONE EXEMPT CENTENNIAL GRANT-ENVIRONMENT 10,000
    THE WILDLIFE CENTER INC
    PO BOX 246
    ESPANOLA,NM87532     		NONE EXEMPT CENTENNIAL GRANT-ENVIRONMENT 10,000
    ADELANTE DEVELOPMENT CENTER INC
    3900 OSUNA ROAD NE
    ALBUQUERQUE,NM87109     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 25,000
    BIG BROTHERS-BIG SISTERS OF CENTRAL NM
    2500 LOUISIANA BLVD STE 200
    ALBUQUERQUE,NM87110     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 10,000
    NEW DAY YOUTH & FAMILY SERVICES
    1330 SAN PEDRO NE SUITE 201-B
    ALBUQUERQUE,NM87110     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 10,000
    RIO GRANDE COMMUNITY DEVELOPMENT CORP
    318 ISLETA BLVD SW
    ALBUQUERQUE,NM87105     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 25,000
    FATHERS BUILDING FUTURES
    4301 4TH ST NW
    ALBUQUERQUE,NM87107     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 50,000
    GALLOPING GRACE YOUTH RANCH
    3001 CIVIC CENTER CIR NE
    RIO RANCHO,NM87144     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 50,000
    ARCA
    11300 LOMAS BLVD NE
    ALBUQUERQUE,NM87112     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 10,000
    ST MARTIN'S HOSPITALITY CENTER
    PO BOX 27258
    ALBUQUERQUE,NM87125     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 50,000
    CAPACITY BUILDERS INC
    414 W BROADWAY
    FARMINGTON,NM87401     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 10,000
    GIRLS INCORPORATED OF SANTA FE
    301 HILLSIDE AVENUE
    SANTA FE,NM87501     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 10,000
    SITE SANTA FE
    1606 PASEO DE PERALTA
    SANTA FE,NM87501     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 10,000
    TENDERLOVE COMMUNITY CENTER INC
    1518 GIRARD BLVD NE
    ALBUQUERQUE,NM87106     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 10,000
    THE GRANTS COLLABORATIVE
    5180 62ND AVENUE NORTH
    PINELLAS PARK,FL33781     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 25,000
    THE SAMARITAN HOUSE INC
    PO BOX 1687
    LAS VEGAS,NM87701     		NONE EXEMPT CENTENNIAL GRANT-HUMAN & HEALTH SERVICES 10,000
    MIX SANTA FE
    PO BOX 909
    SANTA FE,NM87504     		NONE EXEMPT CENTENNIAL GRANT-OTHER 10,000
    REUNITY RESOURCES
    1829 SAN YSIDRO CROSSING
    SANTA FE,NM87507     		NONE EXEMPT CENTENNIAL GRANT-OTHER 50,000
    NEW MEXICO STATE UNIVERSITY FOUNDATION
    PO BOX 3590
    LAS CRUCES,NM88003     		NONE EXEMPT DISCRETIONARY GRANT-EDUCATION 500
    UNIVERSITY OF NEW MEXICO FOUNDATION
    700 LOMAS NE SUITE 108
    ALBUQUERQUE,NM87102     		NONE EXEMPT DISCRETIONARY GRANT-EDUCATION 750
    GIRL SCOUTS OF NEW MEXICO TRAILS
    4000 JEFFERSON PLAZA NE
    ALBUQUERQUE,NM87109     		NONE EXEMPT DISCRETIONARY GRANT-EDUCATION 1,000
    BUENA VISTA PTO
    2600 19TH AVE
    ALAMOGORDO,NM88310     		NONE EXEMPT DISCRETIONARY GRANT-EDUCATION 1,000
    WESTERN WASHINGTON UNIVERSITY FOUNDATION
    516 HIGH STREET
    BELLINGHAM,WA98225     		NONE EXEMPT DISCRETIONARY GRANT-EDUCATION 1,000
    ST FELIX PANTRY
    4020 BARBARA LOOP SE
    RIO RANCHO,NM87124     		NONE EXEMPT DISCRETIONARY GRANT-ENVIRONMENT 500
    CATHOLIC CHARITIES OF NEW MEXICO
    2010 BRIDGE BLVD SW
    ALBUQUERQUE,NM87105     		NONE EXEMPT DISCRETIONARY GRANT-HUMAN & HEALTH SERVICES 1,000
    ALBUQUERQUE COMMUNITY FOUNDATION
    624 TIJERAS AVE NW
    ALBUQUERQUE,NM87102     		NONE EXEMPT DISCRETIONARY GRANT-HUMAN & HEALTH SERVICES 1,000
    THE STOREHOUSE
    106 BROADWAY BLVD SE
    ALBUQUERQUE,NM87102     		NONE EXEMPT DISCRETIONARY GRANT-HUMAN & HEALTH SERVICES 500
    EL RANCHITO DE LOS NINOS
    PO BOX 2400
    LOS LUNAS,NM87031     		NONE EXEMPT DISCRETIONARY GRANT-HUMAN & HEALTH SERVICES 500
    EQUAL ACCESS TO JUSTICE FUND
    PO BOX 92860
    ALBUQUERQUE,NM87199     		NONE EXEMPT DISCRETIONARY GRANT-HUMAN & HEALTH SERVICES 250
    NEW MEXICO PARKINSON'S COALITION
    7739 E BROADWAY BLVD 352
    TUCSON,AZ85710     		NONE EXEMPT DISCRETIONARY GRANT-HUMAN & HEALTH SERVICES 1,000
    SANTA FE MOUNTAIN CENTER INC
    1524 BISHOPS LODGE RD B
    SANTA FE,NM87506     		NONE EXEMPT DISCRETIONARY GRANT-OTHER 1,000
    ALBUQUERQUE COMMUNITY FOUNDATION
    624 TIJERAS AVE NW
    ALBUQUERQUE,NM87102     		NONE EXEMPT EMPLOYEE CRISIS FUND GRANT-HUMAN & HEALTH SERVICES 100,000
    ALBUQUERQUE HISPANO CHAMBER OF COMMERCE
    1309 4TH STREET SW
    ALBUQUERQUE,NM87102     		NONE EXEMPT FOUNDATION GRANT-ECONOMIC VITALITY 100,000
    WOMEN'S ECONOMIC SELF-SUFFICIENCY TEAM
    609 BROADWAY BLVD NE
    ALBUQUERQUE,NM87102     		NONE EXEMPT FOUNDATION GRANT-ECONOMIC VITALITY 100,000
    NEW MEXICO STATE UNIVERSITY FOUNDATION
    PO BOX 3590
    LAS CRUCES,NM88003     		NONE EXEMPT FOUNDATION GRANT-EDUCATION 100,000
    CNM INGENUITY INC
    900 UNIVERSITY BLVD SE
    ALBUQUERQUE,NM87106     		NONE EXEMPT FOUNDATION GRANT-EDUCATION 200,000
    ELKINS BAND BOOSTER CLUB
    6140 HIGHWAY 6 94
    MISSOURI CITY,TX77459     		NONE EXEMPT MATCHING GRANT-ARTS & CULTURE 1,000
    MISSOURI UNIV OF SCIENCE & TECHNOLOGY
    300 W 13TH STREET
    ROLLA,MO65409     		NONE EXEMPT MATCHING GRANT-EDUCATION 1,000
    PECOS JR EAGLES
    1302 S PARK ST
    PECOS,TX79772     		NONE EXEMPT MATCHING GRANT-EDUCATION 1,000
    TEEN CHALLENGE OF NEW MEXICO
    5605 BATAAN MEMORIAL
    LAS CRUCES,NM88012     		NONE EXEMPT MATCHING GRANT-EDUCATION 2,000
    TEXAS LUTHERAN UNIVERSITY
    1000 W COURT STREET
    SEGUIN,TX78155     		NONE EXEMPT MATCHING GRANT-EDUCATION 1,000
    NEW MEXICO STATE UNIVERSITY FOUNDATION
    PO BOX 3590
    LAS CRUCES,NM88003     		NONE EXEMPT MATCHING GRANT-EDUCATION 4,200
    UNIVERSITY OF NEW MEXICO FOUNDATION
    700 LOMAS NE SUITE 108
    ALBUQUERQUE,NM87102     		NONE EXEMPT MATCHING GRANT-EDUCATION 2,875
    SANTA FE PREPARATORY SCHOOL
    1101 CAMINO CRUZ BLANCA
    SANTA FE,NM87501     		NONE EXEMPT MATCHING GRANT-EDUCATION 1,000
    SILVER HIGH SCHOOL
    3200 N SILVER STREET
    SILVER CITY,NM88061     		NONE EXEMPT MATCHING GRANT-EDUCATION 1,500
    ST MICHAEL'S HIGH SCHOOL FOUNDATION
    PO BOX 22563
    SANTA FE,NM87505     		NONE EXEMPT MATCHING GRANT-EDUCATION 1,000
    UNIVERSITY OF COLORADO FOUNDATION
    4740 WALNUT STREET
    BOULDER,CO80301     		NONE EXEMPT MATCHING GRANT-EDUCATION 1,000
    WESTLAKE ACADEMY FOUNDATION
    2600 JT OTTINGER RD
    WESTLAKE,TX76262     		NONE EXEMPT MATCHING GRANT-EDUCATION 1,000
    ALBUQUERQUE MUSEUM FOUNDATION INC
    PO BOX 7006
    ALBUQUERQUE,NM87194     		NONE EXEMPT MATCHING GRANT-EDUCATION 2,000
    EAST MOUNTAIN HIGH SCHOOL FOUNDATION
    PO BOX 340
    SANDIA PARK,NM87047     		NONE EXEMPT MATCHING GRANT-EDUCATION 1,000
    KAREN ORTIZ SNOWBALL COTILLION
    1030 STAGECOACH ROAD
    SANTA FE,NM87501     		NONE EXEMPT MATCHING GRANT-EDUCATION 1,000
    AADUSSSA
    PO BOX 67275
    ALBUQUERQUE,NM87193     		NONE EXEMPT MATCHING GRANT-EDUCATION/FITNESS 1,000
    ZIA SOCCER CLUB INC
    2701 WISCONSIN STREET NE
    ALBUQUERQUE,NM87110     		NONE EXEMPT MATCHING GRANT-EDUCATION/FITNESS 1,000
    AZTEC BASEBALL ASSOCIATION
    PO BOX 1388
    AZTEC,NM87410     		NONE EXEMPT MATCHING GRANT-EDUCATION/FITNESS 1,000
    VALLEY ELKS YOUTH BASKETBALL
    1574 STATE ROAD 502 WEST
    SANTA FE,NM87506     		NONE EXEMPT MATCHING GRANT-EDUCATION/FITNESS 1,000
    WESST CORPORATION
    609 BROADWAY BLVD NE
    ALBUQUERQUE,NM87102     		NONE EXEMPT MATCHING GRANT-ENVIRONMENT 1,000
    SEED2NEED
    PO BOX 874
    CORRALES,NM87048     		NONE EXEMPT MATCHING GRANT-ENVIRONMENT 1,100
    NEW MEXICO WATER COLLABORATIVE
    1751 BELLAMAH AVE NW 1101
    ALBUQUERQUE,NM87104     		NONE EXEMPT MATCHING GRANT-ENVIRONMENT 1,000
    ALBUQUERQUE CHRISTIAN CHILDREN'S HOME
    5700 WINTER HAVEN ROAD NW
    ALBUQUERQUE,NM87120     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 1,000
    CARRIE TINGLEY HOSPITAL FOUNDATION
    700 LOMAS BLVD NE 2-200
    ALBUQUERQUE,NM87102     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 2,050
    JEMEZ HELPING HANDS
    1038 HIGHWAY 485
    JEMEZ PUEBLO,NM87024     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 1,000
    ROADRUNNER FOOD BANK
    5840 OFFICE BLVD NE
    ALBUQUERQUE,NM87109     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 1,650
    RONALD MCDONALD HOUSE CHARITIES OF NM
    1011 YALE BLVD NE
    ALBUQUERQUE,NM87106     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 1,355
    SPECIAL OLYMPICS NEW MEXICO
    6600 PALOMAS NE SUITE 207
    ALBUQUERQUE,NM87109     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 3,800
    CATHOLIC CHARITIES OF NEW MEXICO
    2010 BRIDGE BLVD SW
    ALBUQUERQUE,NM87105     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 1,000
    ALBUQUERQUE COMMUNITY FOUNDATION
    624 TIJERAS AVE NW
    ALBUQUERQUE,NM87102     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 1,100
    LITTLE SISTERS OF THE POOR
    1900 MARK AVE
    GALLUP,NM87301     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 1,000
    NORTH TEXAS FOOD BANK
    3677 MAPLESHADE LN
    PLANO,TX75075     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 1,000
    HEADING HOME
    215 3RD ST SW
    ALBUQUERQUE,NM87102     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 1,150
    PB & J FAMILY SERVICES INC
    1101 LOPEZ RD SW
    ALBUQUERQUE,NM87105     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 1,000
    SOCIETY OF ST VINCENT DE PAUL
    4120 MENAUL BLVD NE
    ALBUQUERQUE,NM87110     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 1,750
    CHILDHAVEN INC
    807 W APACHE ST
    FARMINGTON,NM87401     		NONE EXEMPT MATCHING GRANT-HUMAN & HEALTH SERVICES 1,100
    ANIMAL HUMANE ASSOCIATION OF NEW MEXICO
    615 VIRGINIA STREET SE
    ALBUQUERQUE,NM87108     		NONE EXEMPT MATCHING GRANT-OTHER 17,845
    PUPPY DOG RANCH RESCUE & SANCTUARY
    27 TWIN SISTERS CREEK ROAD
    ARENAS VALLEY,NM88022     		NONE EXEMPT MATCHING GRANT-OTHER 1,300
    ROTARY CLUB OF ALBUQUERQUE - SANDIA
    PO BOX 21456
    ALBUQUERQUE,NM87154     		NONE EXEMPT MATCHING GRANT-OTHER 1,000
    SANTA FE DOWNTOWN KIWANIS FOUNDATION
    PO BOX 622
    SANTA FE,NM87504     		NONE EXEMPT MATCHING GRANT-OTHER 1,000
    SILVER CITY USSSA INC
    61 TRUCK BYPASS ROAD
    SILVER CITY,NM88061     		NONE EXEMPT MATCHING GRANT-OTHER 1,000
    JUNE'S SENIOR CAT RESCUE
    PO BOX 16521
    ALBUQUERQUE,NM87191     		NONE EXEMPT MATCHING GRANT-OTHER 2,205
    RIO LIGHTNING INC
    3319 FLAT IRON ROAD NE
    RIO RANCHO,NM87144     		NONE EXEMPT MATCHING GRANT-OTHER 1,000
    USSSA SUMMER LEAGUE
    PO BOX 631
    ALBUQUERQUE,NM87102     		NONE EXEMPT MATCHING GRANT-OTHER 1,000
    MATCHING GRANTS LESS THAN 1000
    VARIOUS
    ALBUQUERQUE,NM87102     		NONE EXEMPT MATCHING GRANT-OTHER 32,845
    ALBUQUERQUE COMMUNITY FOUNDATION
    624 TIJERAS AVE NW
    ALBUQUERQUE,NM87102     		NONE EXEMPT OTHER GRANTS-HUMAN & HEALTH SERVICES 5,000
    CHRISTIAN COMMUNITY ACTION
    200 S MILL STREET
    LEWISVILLE,TX75057     		NONE EXEMPT TNMP POWER UP GRANT-ARTS & CULTURE 10,000
    WEST SHORE CIVIC ASSOCIATION
    560 FM-3118
    LAGUNA PARK,TX76644     		NONE EXEMPT TNMP POWER UP GRANT-ECONOMIC VITALITY 2,588
    ALVIN COMMUNITY COLLEGE FOUNDATION
    3110 MUSTANG ROAD
    ALVIN,TX77511     		NONE EXEMPT TNMP POWER UP GRANT-EDUCATION 9,750
    ANGLETON ISD EDUCATION FOUNDATION
    1900 N DOWNING ROAD
    ANGLETON,TX77515     		NONE EXEMPT TNMP POWER UP GRANT-EDUCATION 9,079
    COLLEGE OF MAINLAND
    1200 N AMBURN RD
    TEXAS CITY,TX77591     		NONE EXEMPT TNMP POWER UP GRANT-EDUCATION 10,000
    COMMUNITIES IN SCHOOLS BAY AREA
    303 E MAIN ST 120
    LEAGUE CITY,TX77573     		NONE EXEMPT TNMP POWER UP GRANT-EDUCATION 5,000
    FORT STOCKTON MIDDLE SCHOOL PROJECT
    2400 W 5TH STREET
    FORT STOCKTON,TX79735     		NONE EXEMPT TNMP POWER UP GRANT-EDUCATION 4,726
    LEWISVILLE EDUCATION FOUNDATION INC
    400 WEST MAIN STREET
    LEWISVILLE,TX75057     		NONE EXEMPT TNMP POWER UP GRANT-EDUCATION 7,500
    TCISD FOUNDATION FOR THE FUTURE
    1401 NINTH AVENUE NORTH
    TEXAS CITY,TX77590     		NONE EXEMPT TNMP POWER UP GRANT-EDUCATION 8,500
    VALLEY MILLS LIBRARY ASSOCIATION INC
    PO BOX 25
    VALLEY MILLS,TX76689     		NONE EXEMPT TNMP POWER UP GRANT-EDUCATION 3,700
    HOPE ACTIVE
    1801 FM 528 RD
    WEBSTER,TX77598     		NONE EXEMPT TNMP POWER UP GRANT-HUMAN & HEALTH SERVICES 4,314
    WINKLER COUNTY HOSPITAL DISTRICT
    821 JEFFEE DR
    KERMIT,TX79745     		NONE EXEMPT TNMP POWER UP GRANT-HUMAN & HEALTH SERVICES 4,500
    BRAZORIA COUNTY ALLIANCE FOR CHILDREN
    139 E MYRTLE ST
    ANGLETON,NM77515     		NONE EXEMPT TNMP POWER UP GRANT-HUMMAN & HEALTH SERVICES 4,018
    CITY OF PRINCETON POLICE DEPT
    306 MAIN STREET
    PRINCETON,TX75407     		NONE EXEMPT TNMP POWER UP GRANT-HUMMAN & HEALTH SERVICES 7,870
    CITY OF TOM BEAN
    201 S BRITTON
    TOM BEAN,TX75489     		NONE EXEMPT TNMP POWER UP GRANT-HUMMAN & HEALTH SERVICES 2,155
    CITY OF VALLEY MILLS TX
    401 5TH STREET
    VALLEY MILLS,TX76689     		NONE EXEMPT TNMP POWER UP GRANT-HUMMAN & HEALTH SERVICES 10,000
    VALENCIA COUNTY AMATEUR RADIO ASSOC INC
    PO BOX 268
    PERALTA,NM87042     		NONE EXEMPT VOLUNTEER GRANT-ARTS & CULTURE 1,100
    JUNIOR ACHIEVEMENT
    4700 LINCOLN RD NE
    ALBUQUERQUE,NM87109     		NONE EXEMPT VOLUNTEER GRANT-ECONOMIC VITALITY 1,200
    UNIVERSITY OF NEW MEXICO FOUNDATION
    700 LOMAS NE SUITE 108
    ALBUQUERQUE,NM87102     		NONE EXEMPT VOLUNTEER GRANT-EDUCATION 2,200
    GIRL SCOUTS OF NEW MEXICO TRAILS
    4000 JEFFERSON PLAZA NE
    ALBUQUERQUE,NM87109     		NONE EXEMPT VOLUNTEER GRANT-EDUCATION 1,300
    SEED2NEED
    PO BOX 874
    CORRALES,NM87048     		NONE EXEMPT VOLUNTEER GRANT-ENVIRONMENT 1,900
    HAWKS ALOFT INC
    6715 EAGLE ROCK AVE NE
    ALBUQUERQUE,NM87113     		NONE EXEMPT VOLUNTEER GRANT-ENVIRONMENT 1,100
    KEEP LEWISVILLE BEAUTIFUL
    101 W MAIN ST STE 102
    LEWISVILLE,TX75057     		NONE EXEMPT VOLUNTEER GRANT-ENVIRONMENT 2,600
    EL REFUGIO INC
    800 SOUTH ROBERT STREET
    SILVER CITY,NM88061     		NONE EXEMPT VOLUNTEER GRANT-ENVIRONMENT 1,600
    TAI CHI CHIH ASSOCIATION
    3107 EUBANK NE SUITE 19
    ALBUQUERQUE,NM87111     		NONE EXEMPT VOLUNTEER GRANT-HUMAN & HEALTH SERVICES 1,100
    BPOE ELKS FARMINGTON LODGE #1747
    801 MUNICIPAL DR
    FARMINGTON,NM87401     		NONE EXEMPT VOLUNTEER GRANT-HUMAN & HEALTH SERVICES 1,000
    BIG BROTHERS-BIG SISTERS OF OTERO COUNTY
    1211 EAST 1ST STREET SUITE 10
    ALAMOGORDO,NM88310     		NONE EXEMPT VOLUNTEER GRANT-HUMAN & HEALTH SERVICES 1,000
    CLOUD DANCERS THERAPEUTIC HORSEMANSHIP
    PO BOX 14058
    ALBUQUERQUE,NM87191     		NONE EXEMPT VOLUNTEER GRANT-HUMAN & HEALTH SERVICES 1,000
    RIO GRANDE DOWN SYNDROME NETWORK
    PO BOX 6759
    ALBUQUERQUE,NM87197     		NONE EXEMPT VOLUNTEER GRANT-HUMAN & HEALTH SERVICES 1,100
    SOCIETY OF ST VINCENT DE PAUL
    4120 MENAUL BLVD NE
    ALBUQUERQUE,NM87110     		NONE EXEMPT VOLUNTEER GRANT-HUMAN & HEALTH SERVICES 1,400
    SPECIAL OLYMPICS NEW MEXICO
    6600 PALOMAS NE SUITE 207
    ALBUQUERQUE,NM87109     		NONE EXEMPT VOLUNTEER GRANT-HUMAN & HEALTH SERVICES 1,400
    ANIMAL HUMANE ASSOCIATION OF NEW MEXICO
    615 VIRGINIA STREET SE
    ALBUQUERQUE,NM87108     		NONE EXEMPT VOLUNTEER GRANT-OTHER 1,800
    SILVER CITY USSSA INC
    61 TRUCK BYPASS ROAD
    SILVER CITY,NM88061     		NONE EXEMPT VOLUNTEER GRANT-OTHER 1,500
    AMERICAN LEGION POST #69
    900 4TH ST NW
    ALBUQUERQUE,NM87114     		NONE EXEMPT VOLUNTEER GRANT-OTHER 1,000
    PUPPY DOG RANCH RESCUE & SANCTUARY
    27 TWIN SISTERS CREEK ROAD
    ARENAS VALLEY,NM88022     		NONE EXEMPT VOLUNTEER GRANT-OTHER 1,000
    STARS UNITED GLOBAL OUTREACH
    5429 SINGING HILLS DR
    DALLAS,TX75241     		NONE EXEMPT VOLUNTEER GRANT-OTHER 1,000
    USSSA SUMMER LEAGUE
    PO BOX 631
    ALBUQUERQUE,NM87102     		NONE EXEMPT VOLUNTEER GRANT-OTHER 1,500
    VOLUNTEER GRANTS LESS THAN 1000
    VARIOUS
    ALBUQUERQUE,NM87102     		NONE EXEMPT VOLUNTEER GRANT-OTHER 50,050
    Total .................................bullet 3a 1,656,375
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 176  
    4 Dividends and interest from securities....     14 379,442  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 15,316  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 653,208  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,048,142 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,048,142
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    PNM RESOURCES FOUNDATION
     
    Employer identification number

    85-0309005
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    PNM RESOURCES FOUNDATION
          		Employer identification number
    85-0309005
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    PNM RESOURCES INC
     
    414 SILVER SW
     
    ALBUQUERQUE, NM87102

    		$ 500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    PNM RESOURCES FOUNDATION
          		Employer identification number

    85-0309005
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    PNM RESOURCES FOUNDATION
          		Employer identification number

    85-0309005
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    PNM RESOURCES FOUNDATION
    EIN:
    85-0309005
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING/PROFESSIONAL FEES 35,586 24,911   10,675

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    PNM RESOURCES FOUNDATION
    EIN:
    85-0309005
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VANGUARD 500 INDEX FUND ADMIRAL 1,820,589 3,355,776
    DODGE & COX INCOME FD COM 3,080,553 3,080,314
    NATIXIX LOOMIS SAYLES BOND FD 1,811,644 1,756,420
    PIMCO INVESTMENT GRADE CORP BD 1,983,939 1,873,254
    JPMORGAN VALUE ADVANTAGE FUND 2,593,913 2,610,933
    VULCAN VALUE PARTNERS FUND 1,573,922 1,594,841
    PRIMECAP ODYSSEY GROWTH 1,364,505 1,270,164
    MORGAN STANLEY INSTITUTIONAL FUND 1,400,000 1,435,570

    TY 2018 OtherDecreasesSchedule
    Name:
    PNM RESOURCES FOUNDATION
    EIN:
    85-0309005
    Description Amount
    PRIOR YEAR CANCELLED/RETURNED GRANTS 1,000
    ACCRUAL/CASH ADJUSTMENTS 500,000
    ACCRUAL/CASH ADJUSTMENTS 500,000


    TY 2018 OtherExpensesSchedule
    Name:
    PNM RESOURCES FOUNDATION
    EIN:
    85-0309005
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 12,265 12,265   0
    BANK CHARGES 1,062 1,062   0
    INSURANCE 3,401 3,401   0
    ADMINISTRATIVE EXPENSES 1,365 1,365   0
    LICENSES AND FEES 35 35   0


    TY 2018 OtherIncomeSchedule2
    Name:
    PNM RESOURCES FOUNDATION
    EIN:
    85-0309005
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INVESTMENT SETTLEMENTS 15,316 15,316 15,316


    TY 2018 OtherLiabilitiesSchedule
    Name:
    PNM RESOURCES FOUNDATION
    EIN:
    85-0309005
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE 4,394 1,829


    TY 2018 SubstantialContributorsSch
    Name:
    PNM RESOURCES FOUNDATION
    EIN:
    85-0309005
    Name Address
    PNM RESOURCES INC
          		CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM871581275


    TY 2018 TaxesSchedule
    Name:
    PNM RESOURCES FOUNDATION
    EIN:
    85-0309005
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 9,935 0   0