Each year the Albuquerque Community Foundation makes grants to organizations providing services benefiting people in the Albuquerque metropolitan area through a competitive process. The Foundation’s Competitive Grant Program is comprised of 71 endowment funds. In order to respond to the community’s needs distributions from the funds are pooled and aligned directly with the Foundation’s Fields-of-Interest.
The Foundation looks for opportunities where a moderate amount of grant money can produce a significant amount.
In this section you will find information to help you decide if we are the appropriate source to consider for funding your program. There are many sources of funding for nonprofit organizations, so we may not be the one that will best fit your needs. Organizations seeking grants from the Competitive Grant Program should consider the fit between their mission and activities and the Foundation’s guidelines.
Unfortunately, we receive far more grant proposals than we can fund. Through collaborations with our donors having Advised Funds and with Giving Circles we estimate having about $280,000 available in 2015 to fund the proposals received through the Competitive Grant Program. By submitting a proposal to the Competitive Grant Program, you give the Foundation permission to share it with other interested funders (if any), both individuals and foundations as well as to be included in various lists of applicant organizations on the Foundation’s website.
• In a typical year, 25% of the grant requests are funded
• The average grant from the Competitive Grant Program in 2014 was $7,600
• Nonprofit organizations are invited to submit funding requests once each calendar year
• 2014 grantees must be current with any and all grant reporting requirements to be considered in 2015
Letters of Intent and Proposals will not be considered from applicants who are not in compliance with all state and federal regulations. The Foundation will review all documents submitted, as well as every applicants report from:
• Office of the Secretary of State, Business Services Division
• AG NM COROS
The Foundation has established review criteria designed to give applicants a direction when writing a proposal. The overall goal of each grant round is to fund a group of proposals that collectively further the missions of the Foundation and the grantees.
Letters of Intent and Proposals will be reviewed by the Foundation Board of Trustee members with assistance from volunteers broadly representing the community. Committee members use their expertise and knowledge of the community to contribute to the overall assessment of each proposal based on the degree to which it fits the overall guidelines and priorities. The review committees make recommendations for funding to the Foundation’s Board of Trustees who have the responsibility to approve final grant decisions.