Power Grants Funding Increased in '21
The TNMP Fund has increased the funding available to qualifying nonprofits for 2021 TNMP Power Grants.
A total of $120,000 will be available, a 20 percent increase from last year, for grants that strengthen communities served by Texas-New Mexico Power. Individual grants will continue to be funded for amounts up to $10,000.
"We're very pleased that we're able to increase the dollars available this year," TNMP President Neal Walker said. "We're always eager to learn about the projects that our local organizations will be proposing."
Grants can be used by qualifying 501(c)(3) organizations in TNMP's service area, including those affiliated with schools and municipalities, to fund a broad variety of projects, including (but not limited to):
- community safety.
- community outreach.
- economic development.
Grants from the shareholder-funded TNMP Fund will be available in amounts between $2,000 to $10,000. Applicants are encouraged to apply only for the amounts needed to fund their projects.
Twelve projects were funded a total of $100,000 through TNMP Power Grants in 2020.
TNMP is a lines-and-poles company, delivering power to more than 260,000 homes and businesses. About 400 employees work in more than 20 communities across Texas.
Eligibility and applying
Qualifying 501(c)(3) organizations serving communities in TNMP's territory are eligible to apply, including those affiliated with schools and municipalities.
Organizations can look at their monthly retail electric bills, the faces of the electric meters at their premises, or our service territory maps on tnmp.com to find out if TNMP is their transmission and distribution utility.
Interested nonprofits can visit tnmp.com/powergrants to review grants information, then – effective Sept. 7 – follow the link from that page to the application. Additional resources for prospective applicants also are available from that page.
The application window is Sept. 7-28. Funding will be completed later in the year.
Questions from prospective applicants can be e-mailed to firstname.lastname@example.org.
The TNMP Fund is a division of the PNM Resources Foundation, the nonprofit foundation of Texas-New Mexico Power's parent company.
TNMP is a transmission and distribution service provider that delivers power to more than 260,000 homes and businesses on behalf of retail electric providers in Texas. More information is available at tnmp.com/about-us.