Great Grant Giveaway by Albuquerque Community Foundation awards more than $126,000 to Six Nonprofits!
The Albuquerque Community Foundation awarded six New Mexico nonprofits more than a $126,000 on Tuesday, April 5th at the Great Grant Giveaway. The event, which featured six local nonprofits, sold out with 710 attending the fun, competitive event. At the event, each table is given $500 to decide which of the six nonprofits they will benefit. The table has to reach consensus on which nonprofit will receive the support. Individuals and businesses could also make contributions to the six nonprofits.
The six nonprofits were selected for the work and the results they achieve in this community. This year’s total dollar of grants awarded exceeded last year by more than $30,000.
While all the nonprofits left a winner with each of them bringing in more than $10,000, the There’s A Better Way Initiative through the City of Albuquerque and St. Martin’s Hospitality Center took home the largest total of the day with $43,020. This grant will assist the organization in carrying out and expanding their efforts to provide individuals a chance to work.
- The results for the Great Grant Giveaway are as follows:
- There’s A Better Way Initiative – City of Albuquerque and St. Martin’s Hospitality Center received a grant of $43,020.
- CNM Ingenuity’s STEMulus Center received a grant of $25,400.
- The Boys & Girls Club of Central New Mexico received a grant of $20,975.
- Fusion Forum received a grant of $13,510.
- Adelante Development Company received a grant of $12,050.
- The Nature Conservancy New Mexico received a grant for $11,125.
Albuquerque Community Foundation’s Great Grant Giveaway is sponsored by Yearout Companies, Lovelace Health System, Nusenda Credit Union, Intel, Wells Fargo, Bank of the West, Bank of Albuquerque and Southwest Capital Bank.
The Albuquerque Community Foundation administers a permanent community endowment comprised of many gifts, large and small, and uses the earning from that endowment to make grants to other nonprofit organizations. It is also a leader in the philanthropic community, supporting many programs including the recent Mayor’s Prize for Entrepreneurship. Since its establishment in 1981, total grant distributions are nearly $43 million and more than 6,500 grants funded for nonprofit organizations serving the greater Albuquerque area.