Foundations
530
Total Assets
$2.2B
Total Giving
$639.0M
Active Grants
106
National Rank
#45
New Mexico Grants: Funding for Communities, Businesses, and Creative Industries Across the Land of Enchantment
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.
Key State Programs
Local Economic Development Act (LEDA) Grants
State-funded capital outlay grants supporting infrastructure improvements, economic development job creation, and retail projects. Administered through local government fiscal agents that have passed a LEDA ordinance. Funds are allocated annually through the legislative capital outlay process.
Creative Industries Division Grants
Grants of up to $25,000 for organizations supporting creative entrepreneurs and advancing creative industry development in New Mexico. Open to local governments, tribal entities, nonprofits, and for-profit organizations, with two annual application cycles.
New Mexico State Trade Expansion Program (STEP)
SBA-funded reimbursement grant program helping New Mexico companies gain or grow international sales through trade missions, export training, and market development activities. Administered by the New Mexico Trade Alliance.
Capital Development Program Fund
Approximately $26.5 million available annually for planning, design, and construction projects. Supports complete projects under $5 million or planning and design for projects exceeding $5 million. Funds become available each July 1.
Science and Technology Business Startup Grant
Early-stage funding for technology-focused startups in New Mexico, complementing federal SBIR and STTR programs. Provides capital to help innovative small businesses develop and commercialize new technologies within the state.
Frequently Asked Questions
How do I apply for LEDA grants in New Mexico?
LEDA applications are submitted through your local government entity, which serves as the fiscal agent. Your city or county must have passed a local master LEDA Ordinance and be in compliance with Executive Order audit findings. Contact your local economic development office or the New Mexico Economic Development Department to determine eligibility and begin the application process.
What types of organizations are eligible for New Mexico Creative Industries Division grants?
Eligible applicants include local governments, Nations, Tribes, Pueblos, nonprofit organizations, and for-profit organizations with a demonstrated history of supporting creative entrepreneurs or advancing creative industry development in New Mexico. Organizations must support creative industry companies and workers through activities such as building networks, offering technical assistance, providing business incubation, or strengthening regional creative ecosystems.
Are there grants specifically for rural New Mexico communities?
Yes, New Mexico invests heavily in rural communities through multiple programs. The LEDA capital outlay process directs significant funding to rural infrastructure projects, with recent allocations exceeding $20 million to counties across the state. The Capital Development Program Fund also supports rural construction and planning projects, and the New Mexico Finance Authority provides small business programs specifically designed for underserved and rural regions.
What is the capital outlay process and how does it affect grant funding in New Mexico?
Capital outlay is the annual legislative process through which New Mexico allocates funds for construction, infrastructure, and community development projects statewide. In the most recent session, the legislature approved $1.25 billion funding more than 2,700 projects. Grant recipients including local governments and nonprofits can access these funds through programs like LEDA and the Capital Development Program Fund, with allocations becoming available at the start of each fiscal year on July 1.
Can New Mexico nonprofits apply for state grants for environmental and education projects?
Yes, several state programs support nonprofit environmental and education initiatives. The PNM Power Grant provides flexible funding for organizations advancing education, environmental stewardship, and economic vitality. Additionally, the Land and Water Conservation Fund offers matching grants up to $300,000 for outdoor recreation projects, and various foundation grants through organizations like the United Way of North Central New Mexico fund community-focused education and environmental programming.
Explore
New Mexico Funding Resources
Top Foundations
Largest Foundations in New Mexico
| # | Foundation | Assets |
|---|---|---|
| 1 | Carroll Petrie Foundation | $320.6M |
| 2 | J F Maddox Foundation | $247.3M |
| 3 | Thornburg Foundation | $179.4M |
| 4 | Marshall L And Perrine D Mccune Charitable Foundation | $97.6M |
| 5 | Corio Foundation | $97.2M |
Active Grants