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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
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$21,282,294J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 60 60  
4 Dividends and interest from securities... 258,699 258,699  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 956,103
b Gross sales price for all assets on line 6a 6,268,858
7 Capital gain net income (from Part IV, line 2)... 956,103
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 6,012 6,012  
12 Total. Add lines 1 through 11........ 1,220,874 1,220,874  
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 32,902 23,031   9,871
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,949 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 17,303 17,303   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 62,154 40,334   9,871
25 Contributions, gifts, grants paid....... 1,344,158 1,344,158
26 Total expenses and disbursements. Add lines 24 and 25 1,406,312 40,334   1,354,029
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -185,438
b Net investment income (if negative, enter -0-) 1,180,540
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 158,948 13,378 13,378
2 Savings and temporary cash investments......... 3,392 40,765 40,765
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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)....... 15,760,781 Click to see attachment15,681,989 21,228,151
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) 15,923,121 15,736,132 21,282,294
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 118,475 12,047
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 attachment9,036 Click to see attachment985
23 Total liabilities (add lines 17 through 22)......... 127,511 13,032
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 15,795,610 15,723,100
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 15,795,610 15,723,100
30 Total liabilities and net assets/fund balances (see instructions). 15,923,121 15,736,132
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
15,795,610
2
Enter amount from Part I, line 27a .....................
2
-185,438
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
112,928
4
Add lines 1, 2, and 3 ..........................
4
15,723,100
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
15,723,100
Form 990-PF (2020)
Form 990-PF (2020)
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 DODGE & COX INCOME FUND     2020-03-11
b DODGE & COX INCOME FUND     2020-03-24
c DODGE & COX INCOME FUND     2020-04-08
d DODGE & COX INCOME FUND     2020-04-28
e MSIF INTERNATIONAL ADV I     2020-04-08
MSIF INTERNATIONAL ADV I     2020-04-28
NATIXIS LOOMIS     2020-04-08
NATIXIS LOOMIS     2020-04-28
PIMCO INV GRD     2020-04-08
PIMCO INV GRD     2020-04-28
VANGUARD 500 INDEX FD     2020-04-08
VANGUARD 500 INDEX FD     2020-04-28
VULCAN VALUE PARTNERS FUND     2020-04-08
VULCAN VALUE PARTNERS FUND     2020-04-28
NATIXIS LOOMIS     2020-05-13
PIMCO INV GRD     2020-05-13
VANGUARD 500 INDEX FD     2020-05-07
VULCAN VALUE PARTNERS FUND     2020-05-13
PRIMECAP ODYSSEY GROWTH     2020-06-11
DODGE & COX INCOME FUND     2020-07-28
VANGUARD 500 INDEX FD     2020-07-28
JPMORGAN VALUE ADVANTAGE     2020-09-09
NATIXIS LOOMIS     2020-11-17
PIMCO INV GRD     2020-11-17
VANGUARD 500 INDEX FD     2020-11-17
VANGUARD 500 INDEX FD     2020-12-21
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 30,000   28,185 1,815
b 400,000   396,813 3,187
c 50,000   47,828 2,172
d 50,000   46,884 3,116
e 10,000   8,548 1,452
10,000   8,233 1,767
25,000   24,005 995
15,000   14,151 849
25,000   25,669 -669
15,000   14,878 122
80,000   46,839 33,161
90,000   50,577 39,423
30,000   28,941 1,059
20,000   18,497 1,503
6,000   5,665 335
7,000   6,969 31
12,000   6,698 5,302
22,000   20,401 1,599
1,439,116   1,467,585 -28,469
50,000   45,009 4,991
55,000   27,634 27,366
2,792,476   2,725,199 67,277
45,000   40,892 4,108
45,000   42,275 2,725
160,000   71,929 88,071
210,000   92,451 117,549
575,266     575,266
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       1,815
b       3,187
c       2,172
d       3,116
e       1,452
      1,767
      995
      849
      -669
      122
      33,161
      39,423
      1,059
      1,503
      335
      31
      5,302
      1,599
      -28,469
      4,991
      27,366
      67,277
      4,108
      2,725
      88,071
      117,549
      575,266
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 2 956,103
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
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 16,410
c All other domestic foundations enter 1.39% 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 16,410
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 16,410
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 10,695
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 7,500
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,195
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 87
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 1,698
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,698 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 the instructions
for the 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 2020 or the taxable year beginning in 2020? 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. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    KATHLEEN LARESE TRUSTEE
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    LISA GOODMAN VICE PRESIDENT
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    TOM FALLGREN TRUSTEE
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    CATHY NEWBY TRUSTEE
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    MARY PARRA TRUSTEE
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    MIKE MERTZ TRUSTEE
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    BECKY TEAGUE PAST PRESIDENT
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    WAYNE FRYE PRESIDENT
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    LAURIE ROACH EXECUTIVE DIRECTOR
    15.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    KEITH NIX TRUSTEE
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    RAY SANDOVAL TRUSTEE
    1.00     		0 0 0
    PNM CORPORATE HEADQUARTERS
    ALBUQUERQUE,NM87158
    STACEY GOODWIN 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 (2020)
    Form 990-PF (2020)
    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 (2020)
    Form 990-PF (2020)
    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
    19,116,735
    b
    Average of monthly cash balances.......................
    1b
    36,781
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    19,153,516
    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
    19,153,516
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    287,303
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    18,866,213
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    943,311
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    943,311
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    16,410
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,410
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    926,901
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    926,901
    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
    926,901
    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
    1,354,029
    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
    1,354,029
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,354,029
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 926,901
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 214,372
    b From 2016...... 194,842
    c From 2017...... 315,578
    d From 2018...... 745,067
    e From 2019...... 537,737
    fTotal of lines 3a through e........ 2,007,596
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,354,029
    a Applied to 2019, 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 2020 distributable amount..... 926,901
    e Remaining amount distributed out of corpus 427,128
    5 Excess distributions carryover applied to 2020. 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 2,434,724
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		214,372
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		2,220,352
    10 Analysis of line 9:
    a Excess from 2016.... 194,842
    b Excess from 2017.... 315,578
    c Excess from 2018.... 745,067
    d Excess from 2019.... 537,737
    e Excess from 2020.... 427,128
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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. 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 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 (2020)
    Form 990-PF (2020)
    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
    516 ARTS
    516 CENTRAL AVE SW
    ALBUQUERQUE,NM87102     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    ABRAZOS FAMILY SUPPORT SERVICES
    412 CAMINO DON TOMAS
    BERNALILLO,NM87004     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    ADELANTE DEVELOPMENT CENTER INC
    3900 OSUNA ROAD NE
    ALBUQUERQUE,NM87109     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    AFRICAN AMERICAN PERFORMING ARTS CENTER
    310 SAN PEDRO DR NE
    ALBUQUERQUE,NM87108     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    ALBUQUERQUE COMMUNITY FOUNDATION
    624 TIJERAS AVE NW
    ALBUQUERQUE,NM87102     		NONE EXEMPT DIRECTORY DISCRETIONARY GRANTS 32,000
    ALBUQUERQUE COMMUNITY FOUNDATION
    624 TIJERAS AVE NW
    ALBUQUERQUE,NM87102     		NONE EXEMPT OTHER 5,000
    ALBUQUERQUE HEALTH CARE FOR THE HOMELESS
    PO BOX 25445
    ALBUQUERQUE,NM87102     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    ALBUQUERQUE INDIAN CENTER INC
    105 TEXAS ST SE
    ALBUQUERQUE,NM87108     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    ALBUQUERQUE MEALS ON WHEELS INC
    5901 HARPER DR NE
    ALBUQUERQUE,NM87109     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    ALVIN VOLUNTEER FIRE DEPARTMENT
    PO BOX 715
    ALVIN,TX77512     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    ANIMAL HUMANE ASSOCIATION OF NEW MEXICO
    615 VIRGINIA STREET SE
    ALBUQUERQUE,NM87108     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    ANIMAL HUMANE ASSOCIATION OF NEW MEXICO
    615 VIRGINIA STREET SE
    ALBUQUERQUE,NM87108     		NONE EXEMPT EMPLOYEE MATCHING 15,250
    APS EDUCATION FOUNDATION
    PO BOX 25704
    ALBUQUERQUE,NM87125     		NONE EXEMPT STRATEGIC IMPACT GRANTS 9,000
    ASSOCIATION OF FUNDRAISING PROFESSIONALS
    4300 WILSON BLVD SUITE 300
    ARLINGTON,VA22203     		NONE EXEMPT STRATEGIC IMPACT GRANTS 10,000
    BARELAS COMMUNITY COALITION INC
    1309 4TH STREET SW
    ALBUQUERQUE,NM87102     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    BARRETT FOUNDATION BARRETT HOUSE
    10300 CONSTITUTION AVE NE
    ALBUQUERQUE,NM87112     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    BEST BUDDIES NEW MEXICO
    3507 WYOMING BLVD NE STE A
    ALBUQUERQUE,NM87111     		NONE EXEMPT DIRECTORY DISCRETIONARY GRANTS 1,000
    BIENVENIDOS OUTREACH INC
    1511 5TH ST
    SANTA FE,NM87505     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    BIENVENIDOS OUTREACH INC
    1511 5TH ST
    SANTA FE,NM87505     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    BIG BROTHERS-BIG SISTERS OF CENTRAL NM
    2500 LOUISIANA BLVD STE 200
    ALBUQUERQUE,NM87110     		NONE EXEMPT STRATEGIC IMPACT GRANTS 1,000
    BOSQUE ARTS CENTER
    215 S COLLEGE HILL DR
    CLIFTON,TX76634     		NONE EXEMPT POWER UP GRANTS 7,154
    BOYS & GIRLS CLUB OF ALBUQ & RIO RANCHO
    4600 SUNDT RD NE
    RIO RANCHO,NM87124     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    BOYS & GIRLS CLUB OF ALBUQUERQUE
    4600 SUNDT RD NE
    RIO RANCHO,NM87124     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    BRIDGE TO SUCCESS
    5308 COAL AVE SE
    ALBUQUERQUE,NM87108     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    CANCER SERVICES OF NEW MEXICO
    PO BOX 51735
    ALBUQUERQUE,NM87181     		NONE EXEMPT DIRECTORY DISCRETIONARY GRANTS 1,000
    CHILDHAVEN INC
    807 W APACHE ST
    FARMINGTON,NM87401     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    CHRISTINA KENT EARLY CHILDHOOD CENTER
    CHRISTINA KENT EARLY
    ALBUQUERQUE,NM87102     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    CLIFTON LUTHERAN SUNSET HOME
    413 SUNSET ST
    CLIFTON,TX76634     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    CLIFTON MINISTERIAL ALLIANCE
    207 SOUTH AVENUE F
    CLIFTON,TX76634     		NONE EXEMPT DIRECTORY DISCRETIONARY GRANTS 500
    CNM INGENUITY INC
    900 UNIVERSITY BLVD SE
    ALBUQUERQUE,NM87106     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    COLLEGE HORIZONS
    PO BOX 1262
    PENA BLANCA,NM87041     		NONE EXEMPT STRATEGIC IMPACT GRANTS 10,000
    COLLEGE OF MAINLAND
    1200 N AMBURN RD
    TEXAS CITY,TX77591     		NONE EXEMPT POWER UP GRANTS 9,925
    COMMUNITY HEALTH NETWORK
    7150 CLEARVISTA DRIVE
    INDIANAPOLIS,IN46256     		NONE EXEMPT POWER UP GRANTS 8,000
    CROSSROADS FOR WOMEN
    235-239 ELM ST NE
    ALBUQUERQUE,NM87102     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    DEMING-LUNA CNTY COMMISSION ON AGING INC
    800 S GRANITE ST
    DEMING,NM88030     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    DOMESTIC VIOLENCE RESOURCE CENTER
    625 SILVER AVE SW 185
    ALBUQUERQUE,NM87102     		NONE EXEMPT STRATEGIC IMPACT GRANTS 10,000
    DOMESTIC VIOLENCE RESOURCE CENTER
    625 SILVER AVE SW 185
    ALBUQUERQUE,NM87102     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    EARLY LEARNING PRESCHOOL
    2704 SOUTHERN BLVD SE 10
    RIO RANCHO,NM87124     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    ECHO-ECONOMIC COUNCIL HELPING OTHERS INC
    1921 EAST MURRAY DR
    FARMINGTON,NM87401     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    EL RANCHITO DE LOS NINOS
    PO BOX 2400
    LOS LUNAS,NM87031     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    EL REFUGIO INC
    800 SOUTH ROBERT STREET
    SILVER CITY,NM88061     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    EL REFUGIO INC
    800 SOUTH ROBERT STREET
    SILVER CITY,NM88061     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    EXPLORA SCIENCE CENTER & CHILDREN'S MUSEU
    1701 MOUNTAIN RD NW
    ALBUQUERQUE,NM87104     		NONE EXEMPT STRATEGIC IMPACT GRANTS 10,000
    FAMILY CRISIS CENTER
    625 SILVER AVE SW 2
    ALBUQUERQUE,NM87102     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    FLICKINGER CENTER FOR PERFORMING ARTS
    1110 N NEW YORK AVE
    ALAMOGORDO,NM88310     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    FRIENDS OF TERRELL CTY ANIMAL SHELTER
    PO BOX 983
    SANDERSON,TX79848     		NONE EXEMPT POWER UP GRANTS 4,920
    FRIENDS OF THE BELEN HARVEY HOUSE MUSEUM
    104 N 1ST ST
    BELEN,NM87002     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    FUSION THEATRE COMPANY
    700 1ST STREET NW
    ALBUQUERQUE,NM87102     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    GALVESTON COUNTY FOOD BANK
    624 4TH AVE N
    TEXAS CITY,TX77590     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    GREATER ALBUQUERQUE HABITAT FOR HUMANITY
    204 SAN MATEO BLVD SE SUITE E
    ALBUQUERQUE,NM87108     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    HAMILTON CIVIC THEATRE
    215 S 3RD ST
    HAMILTON,OH45011     		NONE EXEMPT POWER UP GRANTS 10,000
    HARVEST FOR THE HUNGRY INC
    2001 HOLCOMBE BOULEVARD 3305
    HOUSTON,TX77030     		NONE EXEMPT POWER UP GRANTS 10,000
    HEADING HOME
    215 3RD ST SW
    ALBUQUERQUE,NM87102     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    HEADING HOME
    215 3RD ST SW
    ALBUQUERQUE,NM87102     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 20,000
    HEADING HOME
    215 3RD ST SW
    ALBUQUERQUE,NM87102     		NONE EXEMPT DIRECTORY DISCRETIONARY GRANTS 1,000
    HEADING HOME
    215 3RD ST SW
    ALBUQUERQUE,NM87102     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    HOMEWISE INC
    500 2ND ST SW
    ALBUQUERQUE,NM87102     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    HOMEWISE INC
    500 2ND ST SW
    ALBUQUERQUE,NM87102     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    HOPEWORKS
    1201 3RD ST NW
    ALBUQUERQUE,NM87102     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    HOPEWORKS
    1201 3RD ST NW
    ALBUQUERQUE,NM87102     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    INFANT JESUS CATHOLIC SHRINE
    3424 4TH ST NW
    ALBUQUERQUE,NM87107     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    KEEP LEWISVILLE BEAUTIFUL
    101 W MAIN ST STE 102
    LEWISVILLE,TX75057     		NONE EXEMPT POWER UP GRANTS 9,000
    KEEP OLNEY BEAUTIFUL
    230 SOUTH BROAD STREET 17TH FLOOR
    PHILADELPHIA,PA19102     		NONE EXEMPT POWER UP GRANTS 9,825
    KESHET DANCE COMPANY
    4121 CUTLER AVE NE
    ALBUQUERQUE,NM87110     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    LOVE INC OF OTERO COUNTY
    2826 INDIAN WELLS RD
    ALAMOGORDO,NM88310     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    MAINLAND COMMUNITIES CRIME STOPPERS INC
    PO BOX 3715
    TEXAS CITY,TX77592     		NONE EXEMPT POWER UP GRANTS 9,458
    MAINSTREET DE LAS VEGAS
    500 RAILROAD AVE
    LAS VEGAS,NM87701     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    MATCHING GRANTS LESS THAN 5000
    VARIOUS
    ALBUQUERQUE,NM87102     		NONE EXEMPT EMPLOYEE MATCHING 90,391
    NATIONAL ATOMIC MUSEUM FOUNDATION
    601 EUBANK BLVD SE
    ALBUQUERQUE,NM87123     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    NATIONAL DANCE INSTITUTE NEW MEXICO INC
    1140 ALTO STREET
    SANTA FE,NM87505     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    NATIONAL INSTITUTE OF FLAMENCO
    1771 BELLAMAH AVE NW SUITE A
    ALBUQUERQUE,NM87104     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    NEW DAY YOUTH & FAMILY SERVICES
    2305 RENARD PL SE
    ALBUQUERQUE,NM87106     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    NEW DAY YOUTH & FAMILY SERVICES
    2305 RENARD PL SE
    ALBUQUERQUE,NM87106     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    NEW MEXICO STATE UNIVERSITY FOUNDATION
    PO BOX 3590
    LAS CRUCES,NM88003     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    NEW MEXICO STEMWORKS
    9201 BALLOON MUSEUM DRIVE
    ALBUQUERQUE,NM87113     		NONE EXEMPT DIRECTORY DISCRETIONARY GRANTS 1,000
    NEW MEXICO VETERANS INTEGRATION CENTERS
    13032 CENTRAL AVE SE
    ALBUQUERQUE,NM87123     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    NORTHWEST NEW MEXICO SENIORS INC
    742 W ANIMAS ST B
    FARMINGTON,NM87401     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    PEDIPLACE
    502 S OLD ORCHARD LN 126
    LEWISVILLE,TX75067     		NONE EXEMPT POWER UP GRANTS 5,000
    PEOPLE ASSISTING THE HOMELESS
    520 HYDROPLANT ROAD
    FARMINGTON,NM87401     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    PLACITAS COMMUNITY LIBRARY INC
    453 NM-165
    PLACITAS,NM87043     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    PROSPERITY WORKS
    909 COPPER AVE NW
    ALBUQUERQUE,NM87102     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    R4CREATING
    4311 SARA RD SUITE 106
    RIO RANCHO,NM87124     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    REBUILDING TOGETHER SANDOVAL COUNTY
    854 CAMINO DON TOMAS
    BERNALILLO,NM87004     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    REBUILDING TOGETHER SANDOVAL COUNTY
    854 CAMINO DON TOMAS
    BERNALILLO,NM87004     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    RESOURCES & CRISIS CTR OF GALVESTON
    1204 45TH STREET
    GALVESTON,TX77550     		NONE EXEMPT POWER UP GRANTS 6,718
    REUNITY RESOURCES
    1829 SAN YSIDRO CROSSING
    SANTA FE,NM87507     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    RIO GRANDE COMMUNITY DEVELOPMENT CORP
    318 ISLETA BLVD SW
    ALBUQUERQUE,NM87105     		NONE EXEMPT STRATEGIC IMPACT GRANTS 10,000
    RIO GRANDE COMMUNITY DEVELOPMENT CORP
    318 ISLETA BLVD SW
    ALBUQUERQUE,NM87105     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    RIO GRANDE FOOD PROJECT
    600 COORS BLVD NW
    ALBUQUERQUE,NM87121     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    ROADRUNNER FOOD BANK
    5840 OFFICE BLVD NE
    ALBUQUERQUE,NM87109     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    ROADRUNNER FOOD BANK
    5840 OFFICE BLVD NE
    ALBUQUERQUE,NM87109     		NONE EXEMPT EMPLOYEE MATCHING 6,665
    RONALD MCDONALD HOUSE CHARITIES OF NM
    1011 YALE BLVD NE
    ALBUQUERQUE,NM87106     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    RONALD MCDONALD HOUSE CHARITIES OF NM
    1011 YALE BLVD NE
    ALBUQUERQUE,NM87106     		NONE EXEMPT REDUCE YOUR USE GRANTS 10,000
    ROTARY CLUB FRIENDSWOOD CHARITABLE FDN
    PO BOX 823
    FRIENDSWOOD,TX77549     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    SANTA CLARA CATHOLIC CHURCH
    707 FORT BAYARD ST
    SANTA CLARA,NM88026     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    SANTA FE BOYS & GIRLS CLUB INC
    52-1400 CAMINO DE JACOBO
    SANTA FE,NM87507     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    SANTA FE BOYS & GIRLS CLUB INC
    52-1400 CAMINO DE JACOBO
    SANTA FE,NM87507     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    SANTA FE COMMUNITY FOUNDATION
    501 HALONA ST
    SANTA FE,NM87505     		NONE EXEMPT STRATEGIC IMPACT GRANTS 10,000
    SANTA FE COMMUNITY FOUNDATION
    501 HALONA ST
    SANTA FE,NM87505     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    SANTA FE COMMUNITY FOUNDATION
    501 HALONA ST
    SANTA FE,NM87505     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    SANTA FE COMMUNITY FOUNDATION
    501 HALONA ST
    SANTA FE,NM87505     		NONE EXEMPT DIRECTORY DISCRETIONARY GRANTS 31,000
    SANTA FE DOWNTOWN KIWANIS FOUNDATION
    PO BOX 622
    SANTA FE,NM87504     		NONE EXEMPT DIRECTORY DISCRETIONARY GRANTS 2,000
    SANTA FE MOUNTAIN CENTER INC
    1524 BISHOPS LODGE RD B
    SANTA FE,NM87506     		NONE EXEMPT DIRECTORY DISCRETIONARY GRANTS 1,000
    SARANAM LLC
    1000 EUBANK BLVD NE
    ALBUQUERQUE,NM87112     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    SARANAM LLC
    1000 EUBANK BLVD NE
    ALBUQUERQUE,NM87112     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    SHARE YOUR CARE ADULT DAY SERVICES
    714 7TH ST SW
    ALBUQUERQUE,NM87102     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    ST ELIZABETH SHELTER INC
    804 ALARID ST
    SANTA FE,NM87505     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    ST ELIZABETH SHELTER INC
    804 ALARID ST
    SANTA FE,NM87505     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    ST FELIX PANTRY
    4020 BARBARA LOOP SE
    RIO RANCHO,NM87124     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    ST MARTIN'S HOSPITALITY CENTER
    PO BOX 27258
    ALBUQUERQUE,NM87125     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    STEELBRIDGE
    525 2ND ST SW
    ALBUQUERQUE,NM87102     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    SUPPORTING PEOPLE IN NEED
    610 N SILVER STREET
    SILVER CITY,NM88061     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    SUPPORTIVE HOUSING COALITION OF NM
    625 SILVER AVE SW 420
    ALBUQUERQUE,NM87102     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    SUPPORTIVE HOUSING COALITION OF NM
    625 SILVER AVE SW 420
    ALBUQUERQUE,NM87102     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    SUPPORTIVE HOUSING COALITION OF NM
    625 SILVER AVE SW 420
    ALBUQUERQUE,NM87102     		NONE EXEMPT DIRECTORY DISCRETIONARY GRANTS 1,000
    SWEENEY COMMUNITY HOSPITAL DEVEL FDN
    305 N MCKINNEY ST
    SWEENY,TX77480     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    TENDERLOVE COMMUNITY CENTER INC
    1518 GIRARD BLVD NE
    ALBUQUERQUE,NM87106     		NONE EXEMPT STRATEGIC IMPACT GRANTS 10,000
    TENDERLOVE COMMUNITY CENTER INC
    1518 GIRARD BLVD NE
    ALBUQUERQUE,NM87106     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    TENDERLOVE COMMUNITY CENTER INC
    1518 GIRARD BLVD NE
    ALBUQUERQUE,NM87106     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    TEXAS LIGHTHOUSE FOUNDATION INC
    6912 BROADWAY ST
    GALVESTON,TX77554     		NONE EXEMPT POWER UP GRANTS 10,000
    THE FOOD DEPOT
    1222 SILER RD A
    SANTA FE,NM87507     		NONE EXEMPT VISION GRANTS - SAFETY 5,000
    THE NOTAH BEGAY III FOUNDATION
    290 PRAIRIE STAR RD
    SANTA ANA PUEBLO,NM87004     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    THE NOTAH BEGAY III FOUNDATION
    290 PRAIRIE STAR RD
    SANTA ANA PUEBLO,NM87004     		NONE EXEMPT DIRECTORY DISCRETIONARY GRANTS 1,000
    THE SAMARITAN HOUSE INC
    PO BOX 1687
    LAS VEGAS,NM87701     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    THE SHEPARD'S STOREHOUSE
    1189 US-377
    PILOT POINT,TX76258     		NONE EXEMPT DIRECTORY DISCRETIONARY GRANTS 500
    THE STOREHOUSE
    106 BROADWAY BLVD SE
    ALBUQUERQUE,NM87102     		NONE EXEMPT VISION GRANTS - SAFETY 5,000
    THE STOREHOUSE
    106 BROADWAY BLVD SE
    ALBUQUERQUE,NM87102     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    THREE SISTERS KITCHEN
    109 GOLD AVE SW
    ALBUQUERQUE,NM87102     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    UNITED WAY OF CENTRAL NEW MEXICO
    2340 ALAMO AVE SE
    ALBUQUERQUE,NM87106     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 50,000
    UNIVERSITY OF NEW MEXICO FOUNDATION
    700 LOMAS NE SUITE 108
    ALBUQUERQUE,NM87102     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    UNIVERSITY OF NEW MEXICO FOUNDATION
    700 LOMAS NE SUITE 108
    ALBUQUERQUE,NM87102     		NONE EXEMPT EMPLOYEE MATCHING 5,424
    VOLUNTEER GRANTS LESS THAN 5000
    VARIOUS
    ALBUQUERQUE,NM87102     		NONE EXEMPT EMPLOYEE VOLUNTEER 91,000
    WESTERN WASHINGTON UNIVERSITY FOUNDATION
    516 HIGH STREET
    BELLINGHAM,WA98225     		NONE EXEMPT DIRECTORY DISCRETIONARY GRANTS 1,000
    YOUTH DEVELOPMENT INC
    1223 4TH ST NW
    ALBUQUERQUE,NM87102     		NONE EXEMPT VISION GRANTS - HOMELESSNESS 10,000
    BORDER AREA MENTAL HEALTH SERVICES INC
    315 N HUDSON ST 6
    SILVER CITY,NM88061     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    FRIENDS OF BAILA BAILA
    2801 GIRARD BLVD NE
    ALBUQUERQUE,NM87107     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    LAGUNA COMMUNITY FOUNDATION
    PO BOX 62
    LAGUNA,NM87026     		NONE EXEMPT STRATEGIC IMPACT GRANTS 20,000
    LA VIDA FELICIDAD INC
    1051 HUNING RANCH
    LOS LUNAS,NM87031     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    STOREHOUSE WEST
    1030 VERANDA DR SE F
    RIO RANCHO,NM87124     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    THE MONTAGUE COUNTY CARPENTERS SHOP INC
    400 BOSTON ST
    NOCONA,TX76255     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    TRES RIOS HABITAT FOR HUMANITY
    1915 E MURRAY DR
    FARMINGTON,NM87401     		NONE EXEMPT AFFORDABLE HOUSING GRANTS 5,000
    MAKE SANTA FE
    2879 ALL TRADES RD
    SANTA FE,NM87507     		NONE EXEMPT VISION GRANTS - SAFETY 10,000
    OTHER - ACCRUAL TO CASH ADJUSTMENT
    VARIOUS
    ALBUQUERQUE,NM87102     		NONE EXEMPT VARIOUS 106,428
    NEW MEXICO STATE UNIVERSITY FOUNDATION
    PO BOX 3590
    LAS CRUCES,NM88003     		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000
    Total .................................bullet 3a 1,344,158
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 60  
    4 Dividends and interest from securities....     14 258,699  
    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 6,012  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 956,103  
    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 1,220,874 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,220,874
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    PNM RESOURCES FOUNDATION
    EIN:
    85-0309005
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING/PROFESSIONAL FEES 32,902 23,031   9,871

    TY 2020 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 1,707,121 3,922,043
    DODGE & COX INCOME FD COM 2,948,143 3,234,476
    NATIXIX LOOMIS SAYLES BOND FD 1,811,429 1,965,758
    PIMCO INVESTMENT GRADE CORP BD 1,943,714 2,086,109
    VULCAN VALUE PARTNERS FUND 2,869,422 3,745,132
    MORGAN STANLEY INSTITUTIONAL FUND CL I 3,031,304 3,866,770
    MORGAN STANLEY INSTITUTIONAL FUND INTL ADV 1,370,856 2,407,863

    TY 2020 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 12,269 12,269   0
    BANK CHARGES 1,081 1,081   0
    INSURANCE 3,953 3,953   0


    TY 2020 OtherIncomeSchedule2
    Name:
    PNM RESOURCES FOUNDATION
    EIN:
    85-0309005
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INVESTMENT SETTLEMENTS 6,012 6,012 6,012


    TY 2020 OtherIncreasesSchedule
    Name:
    PNM RESOURCES FOUNDATION
    EIN:
    85-0309005
    Description Amount
    PRIOR YEAR CANCELLED/RETURNED GRANTS 6,500
    ACCRUAL/CASH ADJUSTMENTS 106,428


    TY 2020 OtherLiabilitiesSchedule
    Name:
    PNM RESOURCES FOUNDATION
    EIN:
    85-0309005
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE 9,036 985


    TY 2020 TaxesSchedule
    Name:
    PNM RESOURCES FOUNDATION
    EIN:
    85-0309005
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAXES 11,949 0   0