REALTOR® Fund Grant for Local Charities in New Mexico

The REALTOR Fund, administered through the Greater Albuquerque Association of REALTORS (GAAR), annually supports local nonprofit efforts through a competitive grant opportunity. GAAR is a prominent local real estate association whose philanthropic arm, the REALTOR Fund, focuses on charitable giving within the Greater Albuquerque Metro Area. This fund is intended to help organizations with a demonstrated history of impactful work in the region and to support projects that directly benefit the community. The purpose of the REALTOR Fund Grant is to award a single, substantial grant of $45,000 to one eligible nonprofit organization. This grant is distributed once annually and aims to uplift programs or services that align with GAAR's mission of strengthening local communities. By providing this sizable financial award, the fund seeks to catalyze meaningful, lasting change within the targeted four-county service area. Eligible applicants must meet several specific criteria. First, the organization must have been in continuous operation for at least five years. The applicant must also hold valid tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and be classified as a public charity under Section 509(a)(1) or 509(a)(2). Governmental entities and educational institutions are also eligible. Additionally, organizations must serve the Bernalillo, Sandoval, Valencia, and Torrance counties of New Mexico. All applicants are required to maintain current filings with the New Mexico Attorney General and Secretary of State, and they must have a positive Charity Check Report on GuideStar to confirm good standing. The grant cycle opens on April 1, 2025, and closes on July 1, 2025. During this time, applications are accepted and reviewed through a two-phase process. In the initial phase, all submissions are evaluated from July through August. From this review, three finalists are selected to present their proposals directly to the GAAR Board in the fall. The selected grantee is notified in November 2025, with funds distributed in December 2025. The fund does not specify any required matching contribution, nor does it note any restrictions on how the award money may be spent beyond alignment with the mission and service area. However, funding is competitive, and only one grant will be awarded. No application questions or formats were included in the source announcement, and no contact person or details such as an email or phone number are provided for inquiries. This grant is not offered on a rolling basis but is an annually recurring opportunity. The announcement references a consistent annual cycle in the spring, with the next anticipated grant cycle likely opening in April 2026.