Last year, New Mexico's Las Vegas New Mexico Community Foundation awarded $5,000 grants to 13 nonprofit organizations for community projects in Mora and San Miguel counties.
This year, the foundation is offering its largest-ever opportunity for nonprofits to apply for grants, up to $10,000, the Albuquerque Journal reports.
"These grants are a return to the Foundation's annual grant cycle after a year of devoting all of our fundraising and granting to wildfire and flood relief," Elmo Baca, chair of the foundation, says in a press release.
Since last year's fires, the foundation has distributed nearly two-thirds of a million dollars in grants for emergency relief and long-term recovery.
Grants are offered in the categories of agriculture and environmental sustainability, arts and culture, education, health and wellness, historic preservation, and community development.
Read the Entire Article
A customized collection of news from foundations from around the Web.
Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, cannot be tackled by questioning the return on investment.