Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
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 right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$15,936,178J 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 right arrow.............
3 Interest on savings and temporary cash investments 1,701 1,701  
4 Dividends and interest from securities... 281,041 281,041  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 319,865
b Gross sales price for all assets on line 6a 1,489,682
7 Capital gain net income (from Part IV, line 2)... 319,865
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).......      
12 Total. Add lines 1 through 11........ 602,607 602,607  
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
List of Attached Documents:
// Content
36,592 25,615   10,977
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
12,353 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
List of Attached Documents:
// Content
15,555 13,567   1,988
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 64,500 39,182   12,965
25 Contributions, gifts, grants paid....... 1,336,700 1,336,700
26 Total expenses and disbursements. Add lines 24 and 25 1,401,200 39,182   1,349,665
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -798,593
b Net investment income (if negative, enter -0-) 563,425
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 11,042 15,139 15,139
2 Savings and temporary cash investments......... 5,466 293 293
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 1,936 7,410 7,410
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 15,758,716 Click to see attachment
List of Attached Documents:
// Content
14,955,726 		15,908,336
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
5,000 		Click to see attachment
List of Attached Documents:
// Content
5,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 15,777,160 14,983,568 15,936,178
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 51,644 91,052
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 51,644 91,052
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 15,725,516 14,892,516
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
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)..... 15,725,516 14,892,516
30 Total liabilities and net assets/fund balances (see instructions). 15,777,160 14,983,568
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
15,725,516
2
Enter amount from Part I, line 27a .....................
2
-798,593
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1
4
Add lines 1, 2, and 3 ..........................
4
14,926,924
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
34,408
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
14,892,516
Form 990-PF (2023)
Form 990-PF (2023)
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 FD     2023-02-14
b VANGUARD 500 INDEX FD     2023-02-14
c DODGE & COX INCOME FD     2023-03-27
d MSIF INTERNATIONAL ADV-I     2023-03-27
e VANGUARD 500 INDEX FD     2023-03-27
DODGE & COX INCOME FD     2023-05-04
MSIF GROWTH PORTFOLIO-I     2023-05-04
MSIF INTERNATIONAL ADV-I     2023-05-04
NATIXIS LOOMIS SAY C/P BND-Y     2023-05-04
PIMCO INV GRD CRD BND-INST     2023-05-04
VANGUARD 500 INDEX FD     2023-05-04
VANGUARD 500 INDEX FD     2023-06-28
VANGUARD 500 INDEX FD     2023-08-29
VANGUARD 500 INDEX FD     2023-09-12
DODGE & COX INCOME FD     2023-10-27
VANGUARD 500 INDEX FD     2023-10-27
DODGE & COX INCOME FD     2023-11-13
VANGUARD 500 INDEX FD     2023-11-13
DODGE & COX INCOME FD     2023-12-15
VANGUARD 500 INDEX FD     2023-12-15
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 8,000   8,566 -566
b 8,000   4,371 3,629
c 25,000   26,746 -1,746
d 15,000   11,058 3,942
e 60,000   34,252 25,748
200,000   213,143 -13,143
25,000   58,130 -33,130
75,000   52,433 22,567
75,000   81,764 -6,764
75,000   88,108 -13,108
270,000   150,773 119,227
20,000   10,374 9,626
18,000   9,097 8,903
10,000   5,090 4,910
5,000   5,692 -692
10,000   5,547 4,453
200,000   223,085 -23,085
200,000   103,468 96,532
50,000   53,500 -3,500
50,000   24,620 25,380
90,682     90,682
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       -566
b       3,629
c       -1,746
d       3,942
e       25,748
      -13,143
      -33,130
      22,567
      -6,764
      -13,108
      119,227
      9,626
      8,903
      4,910
      -692
      4,453
      -23,085
      96,532
      -3,500
      25,380
      90,682
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 2 319,865
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
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 right arrow 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) 1 7,832
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 7,832
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 7,832
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 15,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
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 15,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 1
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 7,167
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow7,167 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNM
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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
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
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 addressright arrowWWW.PNM.COM/FOUNDATION
14
The books are in care ofright arrowCARR RIGGS INGRAM LLC Telephone no.right arrow (505) 241-2209

Located atright arrow2424 LOUISIANA BLVD NE STE 300ALBUQUERQUENM ZIP+4right arrow87110
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
RAY SANDOVAL TRUSTEE
1.00 		0 0 0
PNM CORPORATE HEADQUARTERS
ALBUQUERQUE,NM87158
LISA GOODMAN PAST PRESIDENT
1.00 		0 0 0
PNM CORPORATE HEADQUARTERS
ALBUQUERQUE,NM87158
JESSICA AGEE TRUSTEE
1.00 		0 0 0
PNM CORPORATE HEADQUARTERS
ALBUQUERQUE,NM87158
CATHY NEWBY VICE PRESIDENT
1.00 		0 0 0
PNM CORPORATE HEADQUARTERS
ALBUQUERQUE,NM87158
ERNIE RODARTE TRUSTEE
1.00 		0 0 0
PNM CORPORATE HEADQUARTERS
ALBUQUERQUE,NM87158
MIKE MERTZ SECRETARY/TREASURER
1.00 		0 0 0
PNM CORPORATE HEADQUARTERS
ALBUQUERQUE,NM87158
AIDAN GALLEGOS TRUSTEE
1.00 		0 0 0
PNM CORPORATE HEADQUARTERS
ALBUQUERQUE,NM87158
ANGEL VELASQUEZ TRUSTEE
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
STACEY GOODWIN PRESIDENT
1.00 		0 0 0
PNM CORPORATE HEADQUARTERS
ALBUQUERQUE,NM87158
KRISTIN MCLOUGHLIN TRUSTEE
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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
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.............right arrow0
Part VIII-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 VIII-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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
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
15,372,177
b
Average of monthly cash balances.......................
1b
28,642
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
15,400,819
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
15,400,819
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
231,012
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
15,169,807
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
758,490
Part X
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 IX, line 6..................
1
758,490
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
7,832
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
7,832
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
750,658
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
750,658
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 XII, line 1 ...
7
750,658
Part XI
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
1,349,665
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
1,349,665
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 750,658
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 745,067
b From 2019...... 537,737
c From 2020...... 427,128
d From 2021...... 368,752
e From 2022...... 533,328
f Total of lines 3a through e ........ 2,612,012
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,349,665
a Applied to 2022, 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 2023 distributable amount..... 750,658
e Remaining amount distributed out of corpus 599,007
5 Excess distributions carryover applied to 2023. 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 3,211,019
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		745,067
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		2,465,952
10 Analysis of line 9:
a Excess from 2019.... 537,737
b Excess from 2020.... 427,128
c Excess from 2021.... 368,752
d Excess from 2022.... 533,328
e Excess from 2023.... 599,007
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
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 IX, 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 XIV
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 right arrow
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 (2023)
Form 990-PF (2023)
Page 11
Part XIV
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 40TH ANNIVERSARY GRANTS 10,000

516 ARTS

516 CENTRAL AVE SW
ALBUQUERQUE,NM87102 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

ADELANTE DEVELOPMENT CENTER

3900 OSUNA ROAD NE
ALBUQUERQUE,NM87109 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

ALBUQUERQUE COMMUNITY FOUNDATION

624 TIJERAS AVE NW
ALBUQUERQUE,NM87102 		NONE EXEMPT PNM FOUNDATION GRANTS 5,000

ALBUQUERQUE COMMUNITY FOUNDATION

624 TIJERAS AVE NW
ALBUQUERQUE,NM87102 		NONE EXEMPT EMPLOYEE CRISIS FUND GRANT 20,000

ALBUQUERQUE COMMUNITY FOUNDATION

624 TIJERAS AVE NW
ALBUQUERQUE,NM87102 		NONE EXEMPT VOLUNTEER GRANTS 2,000

ALBUQUERQUE COMMUNITY FOUNDATION

624 TIJERAS AVE NW
ALBUQUERQUE,NM87102 		NONE EXEMPT DIRECTOR DISCRETIONARY GRANTS 2,000

ALBUQUERQUE HEALTH CARE FOR THE HOMELESS

PO BOX 25445
ALBUQUERQUE,NM87012 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 5,000

ALBUQUERQUE MUSEUM FOUNDATION INC

PO BOX 7006
ALBUQUERQUE,NM87194 		NONE EXEMPT STRATEGIC IMPACT GRANTS 5,000

ALBUQUERQUE MUSEUM FOUNDATION INC

PO BOX 7006
ALBUQUERQUE,NM87194 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 5,000

ALBUQUERQUE QUALITY NETWORK

9220 MABRY AVE NE
ALBUQUERQUE,NM87109 		NONE EXEMPT VOLUNTEER GRANTS 2,000

ALVIN COMMUNITY COLLEGE FOUNDATION

3110 MUSTANG ROAD
ALVIN,TX77511 		NONE EXEMPT POWER UP GRANT 8,000

ANIMAL HUMANE ASSOCIATION OF NEW MEXICO

615 VIRGINIA STREET SE
ALBUQUERQUE,NM87108 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 5,000

ANIMAL HUMANE ASSOCIATION OF NEW MEXICO

615 VIRGINIA STREET SE
ALBUQUERQUE,NM87108 		NONE EXEMPT MATCHING GRANTS 9,025

ANIMAL HUMANE ASSOCIATION OF NEW MEXICO

615 VIRGINIA STREET SE
ALBUQUERQUE,NM87108 		NONE EXEMPT VOLUNTEER GRANTS 3,100

ARCA

11300 LOMAS BLVD NE
ALBUQUERQUE,NM87112 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

ARCA

11300 LOMAS BLVD NE
ALBUQUERQUE,NM87112 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

ARTRAGEOUS ARTREACH LTD

137 SADDLE SPUR TRAIL
TIJERAS,NM87059 		NONE EXEMPT PNM FOUNDATION GRANTS 37,500

ASIAN BUSINESS COLLABORATIVE

6100 SEAGULL ST NE SUITE B201
ALBUQUERQUE,NM87109 		NONE EXEMPT VOLUNTEER GRANTS 2,000

BEST BUDDIES NEW MEXICO

3507 WYOMING BLVD NE STE A
ALBUQUERQUE,NM87111 		NONE EXEMPT VOLUNTEER GRANTS 2,000

BEST BUDDIES NEW MEXICO

3507 WYOMING BLVD NE STE A
ALBUQUERQUE,NM87111 		NONE EXEMPT DIRECTOR DISCRETIONARY GRANTS 1,000

BIG BROTHERS-BIG SISTERS OF CENTRAL NM

2500 LOUISIANA BLVD STE 200
ALBUQUERQUE,NM87110 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

BIG BROTHERS-BIG SISTERS OF CENTRAL NM

2500 LOUISIANA BLVD STE 200
ALBUQUERQUE,NM87110 		NONE EXEMPT VOLUNTEER GRANTS 2,200

BLUE SKY THERAPEUTIC RIDING & RESPITE

120 STANLEY DR 228
AUBREY,TX76227 		NONE EXEMPT POWER UP GRANT 5,000

BOSQUE EMERGENCY SUPPORT TEAM

PO BOX 406
MERIDIAN,TX76665 		NONE EXEMPT POWER UP GRANT 4,408

BOSQUE SPAY NEUTER

1803 W 5TH STREET
CLIFTON,TX76634 		NONE EXEMPT POWER UP GRANT 4,500

BRAZORIA COUNTY ALLIANCE FOR CHILDREN

120 STANLEY DR 228
AUBREY,TX76227 		NONE EXEMPT POWER UP GRANT 8,000

CARRIE TINGLEY HOSPITAL FOUNDATION

700 LOMAS BLVD NE 2-200
ALBUQUERQUE,NM87102 		NONE EXEMPT VOLUNTEER GRANTS 2,100

CASA ESPERANZA

1005 YALE BLVD NE
ALBUQUERQUE,NM87106 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

CATHOLIC CHARITIES OF NEW MEXICO

2010 BRIDGE BLVD SW
ALBUQUERQUE,NM87105 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

CATHOLIC CHARITIES OF NEW MEXICO

2010 BRIDGE BLVD SW
ALBUQUERQUE,NM87105 		NONE EXEMPT VOLUNTEER GRANTS 2,000

CATHOLIC CHARITIES OF NEW MEXICO

2010 BRIDGE BLVD SW
ALBUQUERQUE,NM87105 		NONE EXEMPT DIRECTOR DISCRETIONARY GRANTS 1,000

CHILD HAVEN INC

807 W APACHE ST
FARMINGTON,NM87401 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

CHILDREN'S ADVOCACY CTR DENTON COUNTY

1854 CAIN DRIVE
LEWISVILLE,TX75077 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

CHILDREN'S GRIEF CENTER OF NEW MEXICO

4125 CARLISLE BLVD NE
ALBUQUERQUE,NM87107 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

CHRISTIAN COMMUNITY ACTION

200 S MILL STREET
LEWISVILLE,TX75057 		NONE EXEMPT POWER UP GRANT 5,000

CHRISTIAN COMMUNITY ACTION

200 S MILL STREET
LEWISVILLE,TX75057 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

CLEAR CREEK EDUCATION FOUNDATION

PO BOX 1631
LEAGUE CITY,TX77574 		NONE EXEMPT POWER UP GRANT 3,566

CLIFF GILA GRANT COUNTY FAIR ASSOCIATION

PO BOX 1433
SILVER CITY,NM88062 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

CNM FOUNDATION

723 UNIVERSITY BLVD SE
ALBUQUERQUE,NM87106 		NONE EXEMPT PNM FOUNDATION GRANTS 5,000

COLLEGE OF MAINLAND

1200 N AMBURN RD
TEXAS CITY,TX77591 		NONE EXEMPT POWER UP GRANT 8,000

COMMUNITIES IN SCHOOLS NORTH TEXAS

217 S STEMMONS FWY 101
LEWISVILLE,TX75067 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 40,000

DAKOTA TREE PROJECT

933 SAN MATEO BLVD NE
ALBUQUERQUE,NM87108 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

DAKOTA TREE PROJECT

933 SAN MATEO BLVD NE
ALBUQUERQUE,NM87108 		NONE EXEMPT MATCHING GRANTS 2,000

DICKINSON ISD EDUCATION FOUNDATION INC

2218 FM 517 RD E
DICKINSON,TX77539 		NONE EXEMPT POWER UP GRANT 5,000

DOMESTIC VIOLENCE RESOURCE CENTER

625 SILVER AVE SW 185
ALBUQUERQUE,NM87102 		NONE EXEMPT VOLUNTEER GRANTS 2,000

EL CAMINO REAL ACADEMY EDUCATION FDN

3713 ISLETA BLVD SW
ALBUQUERQUE,NM87105 		NONE EXEMPT VOLUNTEER GRANTS 2,000

EL REFUGIO INC

800 SOUTH ROBERT STREET
SILVER CITY,NM88061 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

ENCUENTRO

907 4TH ST SW
ALBUQUERQUE,NM87102 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 40,000

EQUIHOPE

1146 E BLACKJACK RD E
PILOT POINT,TX76258 		NONE EXEMPT POWER UP GRANT 5,000

ETHOS LITERACY

400 GOLD AVE SW 210
ALBUQUERQUE,NM87102 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 5,000

EXPLORA SCIENCE CENTER & CHILDREN'S MUSEU

1701 MOUNTAIN RD NW
ALBUQUERQUE,NM87104 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 40,000

FIRST TEE OF SAN JUAN COUNTY

PO BOX 360
KIRTLAND,NM87417 		NONE EXEMPT VOLUNTEER GRANTS 2,200

FLAMENCO WORKS INC

506 CENTRAL AVE SW
ALBUQUERQUE,NM87102 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

FOSSIL RIM WILDLIFE CENTER

2299 CO RD 2008
GLEN ROSE,TX76043 		NONE EXEMPT POWER UP GRANT 10,000

FUSION THEATRE COMPANY

700 1ST STREET NW
ALBUQUERQUE,NM87102 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

FUSION THEATRE COMPANY

700 1ST STREET NW
ALBUQUERQUE,NM87102 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

FUTURE FORGE INC

307 E COLLEGE AVE
SILVER CITY,NM88061 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

GATEVILLE FIRE DEPARTMENT

109 S 23RD ST
GATESVILLE,TX76528 		NONE EXEMPT POWER UP GRANT 5,000

GIRL SCOUTS OF NEW MEXICO TRAILS

4000 JEFFERSON PLAZA NE
ALBUQUERQUE,NM87109 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 40,000

GREATER COMMUNITIES

519 CENTRAL AVE NW
ALBUQUERQUE,NM87102 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

HEADING HOME

215 3RD ST SW
ALBUQUERQUE,NM87102 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 5,000

HEART GALLERY OF NM FOUNDATION

13170-B CENTRAL AVE SE
ALBUQUERQUE,NM87123 		NONE EXEMPT MATCHING GRANTS 4,000

HEARTS FOR HOMES

826 E MCKINNEY ST
DENTON,TX76209 		NONE EXEMPT POWER UP GRANT 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 40TH ANNIVERSARY GRANTS 5,000

HOPEWORKS

1201 3RD ST NW
ALBUQUERQUE,NM87102 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

JUNE'S SENIOR CAT RESCUE

PO BOX 16521
ALBUQUERQUE,NM87191 		NONE EXEMPT VOLUNTEER GRANTS 2,000

KERES CHILDREN'S LEARNING CENTER

PO BOX 113
COCHITI PUEBLO,NM87072 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

KERMIT VOLUNTEER FIRE DEPARTMENT

100 S TORNILLO ST
KERMIT,TX79745 		NONE EXEMPT POWER UP GRANT 5,000

LA FAMILIA MEDICAL CENTER

1035 ALTO STSANTA FE
SANTA FE,NM87501 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

LEADERSHIP FT STOCKTON

1000 E RAILROAD AVE
FORT STOCKTON,TX79795 		NONE EXEMPT POWER UP GRANT 2,500

LEADERSHIP NEW MEXICO

500 MARQUETTE AVE NW SUITE 350
ALBUQUERQUE,NM87102 		NONE EXEMPT VOLUNTEER GRANTS 2,000

LENSIC PERFORMING ARTS CENTER CORPORATION

211 W SAN FRANCISCO ST
SANTA FE,NM87501 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 40,000

LEWISVILLE AREA CHAMBER OF COMMERCE

551 N VALLEY PKWY
LEWISVILLE,TX75067 		NONE EXEMPT POWER UP GRANT 5,000

LITERACY COALITION OF THE PERMIAN BASIN

3500 N A ST SUITE 2700
MIDLAND,TX79705 		NONE EXEMPT POWER UP GRANT 5,000

LUNA COMMUNITY COLLEGE

366 LUNA DR
LAS VEGAS,NM87701 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

MANDY'S SPECIAL FARM

346 CLARK RD SW
ALBUQUERQUE,NM87105 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

MANDY'S SPECIAL FARM

346 CLARK RD SW
ALBUQUERQUE,NM87105 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

MASLENA RESCUE FOUNDATION

21 LOCUST HILL RD
TIJERAS,NM87059 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

MASLENA RESCUE FOUNDATION

21 LOCUST HILL RD
TIJERAS,NM87059 		NONE EXEMPT DIRECTOR DISCRETIONARY GRANTS 1,000

MATCHING GRANTS LESS THAN 2000

VARIOUS
ALBUQUERQUE,NM87102 		NONE EXEMPT MATCHING GRANTS 50,312

MESILLA VALLEY COMMUNITY OF HOPE INC

999 W AMADOR AVE
LAS CRUCES,NM88005 		NONE EXEMPT DIRECTOR DISCRETIONARY GRANTS 1,000

MONTAGUE VOLUNTEER FIRE DEPARTMENT

1000 GRAND ST
MONTAGUE,TX76251 		NONE EXEMPT POWER UP GRANT 10,000

NATIONAL ATOMIC MUSEUM FOUNDATION

601 EUBANK BLVD SE
ALBUQUERQUE,NM87123 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 5,000

NATIONAL DANCE INSTITUTE NEW MEXICO INC

1140 ALTO STREET
SANTA FE,NM87505 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

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 MEXICO BIO PARK SOCIETY INC

903 10TH STREET SW
ALBUQUERQUE,NM87102 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 40,000

NEW MEXICO CENTER ON LAW & POVERTY INC

301 EDITH BLVD NE
ALBUQUERQUE,NM87102 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

NEW MEXICO WILDERNESS ALLIANCE

6000 UPTOWN BVLD NE 350
ALBUQUERQUE,NM87110 		NONE EXEMPT MATCHING GRANTS 2,000

NM MUSEUM OF NATURAL HISTORY FOUNDATION

1801 MOUNTAIN RD NW
ALBUQUERQUE,NM87104 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

NM MUSEUM OF NATURAL HISTORY FOUNDATION

1801 MOUNTAIN RD NW
ALBUQUERQUE,NM87104 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

OASIS

3301 MENAUL BLVD NE SUITE 18
ALBUQUERQUE,NM87107 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

PALUXY RIVER CHILDREN'S ADVOCACY CENTER

1540 SOUTHTOWN DR SUITES 102/103
GRANBURY,TX76048 		NONE EXEMPT POWER UP GRANT 2,000

PAPA'S PANTRY

515 VAN HORN DR
VAN HORN,TX79855 		NONE EXEMPT POWER UP GRANT 5,000

PARTNERSHIP FOR COMMUNITY ACTION

722 ISLETA BLVD SW
ALBUQUERQUE,NM87105 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

PAWS & STRIPES

617 TRUMAN ST NE
ALBUQUERQUE,NM87110 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

PEDIPLACE

502 S OLD ORCHARD LN 126
LEWISVILLE,TX75067 		NONE EXEMPT POWER UP GRANT 5,000

PEORIA VOLUNTEER FIRE DEPT INC

141 HCR 1313
HILLSBORO,TX76645 		NONE EXEMPT POWER UP GRANT 5,000

PETROLIA VFD

98 SHERMAN AVE
PETROLIA,CA95558 		NONE EXEMPT POWER UP GRANT 10,000

PROSPERITY WORKS

909 COPPER AVE NW
ALBUQUERQUE,NM87102 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

PROSPERITY WORKS

909 COPPER AVE NW
ALBUQUERQUE,NM87102 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

PUPPY DOG RANCH RESCUE & SANCTUARY

27 TWIN SISTERS CRK RD
ARENAS VALLEY,NM88022 		NONE EXEMPT MATCHING GRANTS 7,400

PUPPY DOG RANCH RESCUE & SANCTUARY

27 TWIN SISTERS CRK RD
ARENAS VALLEY,NM88022 		NONE EXEMPT VOLUNTEER GRANTS 7,000

R4CREATING

4311 SARA RD SUITE 106
RIO RANCHO,NM87124 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

RAIN COUNTY DOLLY PARTON'S IMAGINATION LIBRARY

150 DORIS BRIGGS PWY
EMORY,TX75440 		NONE EXEMPT POWER UP GRANT 5,000

READING QUEST

1409 MONTEREY DR
SANTA FE,NM87505 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 5,000

READING QUEST

1409 MONTEREY DR
SANTA FE,NM87505 		NONE EXEMPT DIRECTOR DISCRETIONARY GRANTS 1,000

RINNGOLD VOLUNTEER FIRE DEPARTMENT

17810 N US-81
RINGGOLD,TX76261 		NONE EXEMPT POWER UP GRANT 4,977

RIO GRANDE FOOD PROJECT

600 COORS BLVD NW
ALBUQUERQUE,NM87121 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

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 MATCHING GRANTS 2,003

ROADRUNNER FOOD BANK

5840 OFFICE BLVD NE
ALBUQUERQUE,NM87109 		NONE EXEMPT VOLUNTEER GRANTS 2,000

RONALD MCDONALD HOUSE CHARITIES OF NM

1011 YALE BLVD NE
ALBUQUERQUE,NM87106 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

RONALD MCDONALD HOUSE CHARITIES OF NM

1011 YALE BLVD NE
ALBUQUERQUE,NM87106 		NONE EXEMPT REDUCE YOUR USE GRANTS 10,000

SANTA FE ANIMAL SHELTER & HUMANE SOCIETY

100 CAJA DEL RIO RD
SANTA FE,NM87507 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

SANTA FE CHILDERN'S MUSEUM

1050 OLD PECOS TRAIL
SANTA FE,NM87505 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

SANTA FE COMMUNITY FOUNDATION

501 HALONA ST
SANTA FE,NM87505 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

SANTA FE COMMUNITY FOUNDATION

501 HALONA ST
SANTA FE,NM87505 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

SANTA FE DOWNTOWN KIWANIS FOUNDATION

PO BOX 622
SANTA FE,NM87504 		NONE EXEMPT DIRECTOR DISCRETIONARY GRANTS 1,000

SANTA FE HABITAT FOR HUMANITY

2520 CAMINO ENTRADA STE A
SANTA FE,NM87507 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

SANTA FE PLAYHOUSE

142 E DE VARGAS ST
SANTA FE,NM87501 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

SARANAM LLC

1000 EUBANK BLVD NE
ALBUQUERQUE,NM87112 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

SARANAM LLC

1000 EUBANK BLVD NE
ALBUQUERQUE,NM87112 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

SEED2NEED

PO BOX 874
CORRALES,NM87048 		NONE EXEMPT VOLUNTEER GRANTS 2,900

SHARKAROSA ZOO

11670 MASSEY RD
PILOT POINT,TX76258 		NONE EXEMPT POWER UP GRANT 9,574

SILVER CITY GOSPEL MISSION

111 S TEXAS ST
SILVER CITY,NM88061 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

SILVER HIGH SCHOOL

3200 N SILVER ST
SILVER CITY,NM88061 		NONE EXEMPT MATCHING GRANTS 2,000

SOCIETY OF ST VINCENT DE PAUL

4120 MENAUL BLVD NE
ALBUQUERQUE,NM87110 		NONE EXEMPT VOLUNTEER GRANTS 2,100

SPECIAL OLYMPICS NEW MEXICO

6600 PALOMAS AVE NE 207
ALBUQUERQUE,NM87109 		NONE EXEMPT MATCHING GRANTS 2,000

ST FELIX PANTRY

4020 BARBARA LOOP SE
RIO RANCHO,NM87124 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

ST FELIX PANTRY

4020 BARBARA LOOP SE
RIO RANCHO,NM87124 		NONE EXEMPT VOLUNTEER GRANTS 2,000

ST FELIX PANTRY

4020 BARBARA LOOP SE
RIO RANCHO,NM87124 		NONE EXEMPT DIRECTOR DISCRETIONARY GRANTS 1,000

SUPPORTIVE HOUSING COALITION OF NM

625 SILVER AVE SW 420
ALBUQUERQUE,NM87102 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

SUPPORTIVE HOUSING COALITION OF NM

625 SILVER AVE SW 420
ALBUQUERQUE,NM87102 		NONE EXEMPT DIRECTOR DISCRETIONARY GRANTS 1,000

TANDO INC

3304 LOMA VISTA PL
ALBUQUERQUE,NM87106 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

TANDO INC

3304 LOMA VISTA PL
ALBUQUERQUE,NM87106 		NONE EXEMPT MATCHING GRANTS 4,000

TENDERLOVE COMMUNITY CENTER INC

1518 GIRARD BLVD NE
ALBUQUERQUE,NM87106 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

TENDERLOVE COMMUNITY CENTER INC

1518 GIRARD BLVD NE
ALBUQUERQUE,NM87106 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

TEXAS CHILDREN'S MUSEUM

201 NORTH HIGHWAY 174
RIO VISTA,TX75582 		NONE EXEMPT POWER UP GRANT 2,000

THE FIRST TEE OF SAN JUAN COUNTY NM

PO BOX 360
KIRTLAND,NM87417 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 40,000

THE NATURE CONSERVANCY

4245 N FAIRFAX DR SUITE 100
ARLINGTON,VA22203 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 40,000

THE NOTAH BEGAY III FOUNDATION

290 PRAIRIE STAR RD
SANTA ANA PUEBLO,NM87004 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 40,000

THE NOTAH BEGAY III FOUNDATION

290 PRAIRIE STAR RD
SANTA ANA PUEBLO,NM87004 		NONE EXEMPT DIRECTOR DISCRETIONARY GRANTS 1,000

THE ROCK AT NOONDAY

2400 2ND ST NW
ALBUQUERQUE,NM87102 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

THREE SISTERS KITCHEN

109 GOLD AVE SW
ALBUQUERQUE,NM87102 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

THRIVE IN SOUTHERN NEW MEXICO

1601 E 10TH ST A
ALAMOGORDO,NM88310 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 40,000

THRIVE IN SOUTHERN NEW MEXICO

1601 E 10TH ST A
ALAMOGORDO,NM88310 		NONE EXEMPT DIRECTOR DISCRETIONARY GRANTS 1,000

TRINITY UNIVERSITY

7600 JEFFERSON ST NE UNIT 28
ALBUQUERQUE,NM87109 		NONE EXEMPT VOLUNTEER GRANTS 2,100

UNITED WAY OF CENTRAL NEW MEXICO

2340 ALAMO AVE SE
ALBUQUERQUE,NM87106 		NONE EXEMPT VOLUNTEER GRANTS 2,000

UNIVERSITY OF NEW MEXICO FOUNDATION

700 LOMAS NE SUITE 108
ALBUQUERQUE,NM87102 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

UNIVERSITY OF NEW MEXICO FOUNDATION

700 LOMAS NE SUITE 108
ALBUQUERQUE,NM87102 		NONE EXEMPT MATCHING GRANTS 3,268

UNIVERSITY OF NEW MEXICO FOUNDATION

700 LOMAS NE SUITE 108
ALBUQUERQUE,NM87102 		NONE EXEMPT VOLUNTEER GRANTS 4,400

VALENCIA COUNTY AMATEUR RADIO ASSOC INC

PO BOX 268
PERALTA,NM87042 		NONE EXEMPT VOLUNTEER GRANTS 2,000

VOLUNTEER GRANTS LESS THAN 2000

VARIOUS
ALBUQUERQUE,NM87102 		NONE EXEMPT VOLUNTEER GRANTS 87,000

WHITNEY WILDCAT FOOTBALL LEAGUE

1400 N BRAZOS ST
WHITNEY,TX76692 		NONE EXEMPT POWER UP GRANT 2,975

WISE FOOL NEW MEXICO

1131 SILER RD B
SANTA FE,NM87507 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

WISE FOOL NEW MEXICO

1131 SILER RD B
SANTA FE,NM87507 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

WOMEN'S ECONOMIC SELF-SUFFICIENCY TEAM

609 BROADWAY BLVD NE
ALBUQUERQUE,NM87102 		NONE EXEMPT VOLUNTEER GRANTS 2,000

YOUTH DEVELOPMENT INC

1223 4TH ST NW
ALBUQUERQUE,NM87102 		NONE EXEMPT 40TH ANNIVERSARY GRANTS 10,000

YOUTH DEVELOPMENT INC

1223 4TH ST NW
ALBUQUERQUE,NM87102 		NONE EXEMPT REDUCE YOUR USE GRANTS 5,000

OTHER - ACCRUAL TO CASH ADJUSTMENT

VARIOUS
ALBUQUERQUE,NM87102 		NONE EXEMPT VARIOUS -34,408
Total .................................right arrow 3a 1,336,700
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-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 1,701  
4 Dividends and interest from securities ....     14 281,041  
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 .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 319,865  
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) .. 0 602,607 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
602,607
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2023)
Form 990-PF (2023)
Page 13
Part XVI
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
PNM RESOURCES FOUNDATION
EIN:
85-0309005
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING/PROFESSIONAL FEES 36,592 25,615   10,977

TY 2023 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 1,966,094 4,084,153
DODGE & COX INCOME FD COM 1,519,053 1,440,300
NATIXIX LOOMIS SAYLES BOND FD 1,515,266 1,371,101
PIMCO INVESTMENT GRADE CORP BD 1,676,690 1,448,464
MORGAN STANLEY INSTITUTIONAL FUND CL I 2,788,218 1,606,364
MORGAN STANLEY INSTITUTIONAL FUND INTL ADV 1,261,985 1,807,168
PIMCO INFLATION RESPONSE MULTI-ASSET FUND 1,870,749 1,638,255
PUTNAM LARGE CAP VALUE FUND CLASS Y 2,357,671 2,512,531

TY 2023 OtherAssetsSchedule
Name:
PNM RESOURCES FOUNDATION
EIN:
85-0309005
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ACH RETURN RECEIVABLE   5,000 5,000


TY 2023 OtherDecreasesSchedule
Name:
PNM RESOURCES FOUNDATION
EIN:
85-0309005
Description Amount
ACCRUAL/CASH ADJUSTMENTS 34,408


TY 2023 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 10,352 10,352   0
BANK CHARGES 1,132 340   792
INSURANCE 3,988 2,792   1,196
LICENSES AND FEES 83 83   0


TY 2023 OtherIncreasesSchedule
Name:
PNM RESOURCES FOUNDATION
EIN:
85-0309005
Description Amount
ROUNDING 1


TY 2023 TaxesSchedule
Name:
PNM RESOURCES FOUNDATION
EIN:
85-0309005
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 11,771 0   0
OTHER TAXES 582 0   0