Community Foundation awards more than $1 million in grant funds, scholarships in 2020

The Community Foundation of Southern New Mexico (CFSNM) invested more than $1 million in local nonprofits and scholarship funds in 2020, CFSNM said in a news release.

CFSNM’s 2020 impact report includes the following:

• With five new funds created in response to the COVID-19 pandemic, CFSNM raised more than $670,000 to support five funding programs: Together Las Cruces, The Nonprofit Emergency Fund, Thank You Las Cruces Restaurant Fund, All Together New Mexico and the Southern Colonias Fund.
• CFSNM awarded more than $215,000 to 295 students in scholarship funds. CFSNM manages more than 30 scholarships, including seven new scholarships created, like the Clarence H. Fielder Scholarship created to assist African American students.
• CFSNM awarded grants of more than $350,000 to 55 nonprofits in its seven-county service region.
• CFSNM raised $50,000 from annual events, including the Gatsby Gala and Estate Planning Institute. As a result, gala grants were awarded to four nonprofits, including the Doña Ana County Humane Society and Mesilla Valley Court-Appointed Special Advocates.

CFSNM holds more than $20 million in assets, which represents a $7 million increase during the past four years. CFSNM’s goal is $30 million in assets by its 40^th anniversary, in 2029.  

Visit www.communityfoundationofsouthernnewmexico.com.