One Albuquerque Fund was granted one million dollars ($1,000,000) for Black-Owned
businesses and organizations that work within the Black community.
Who may apply:
For-profit Black-Owned businesses and nonprofit organizations who serve the Black community.
Applicants must meet all the following conditions:
Community-Based Organization with a Federal 501c3 tax-exempt status.
The organization must serve the City of Albuquerque's Black residents.
The organization's principal place of business is located within Albuquerque's city limits.
Awards Amounts and Duration Award
Sizes of awards will vary. Eligible organizations can be funded up to $20,000. Funds must be
used within one year. The use of funds will be evaluated during this period.
Application Review & Awards:
One Albuquerque Fund Steering Committee is composed of neutral, qualified individuals
selected for their experiences. The steering committee will review and score applications and
submit recommendations for One Albuquerque Fund Board Members' awards.
Due to the anticipated number of submissions and limited funding, applications will be ranked
based on predetermined priorities.
Applicant's proposal submissions will be objectively reviewed against the following criteria:
o Does the organization primarily serve the Black community.
o The adverse effects the organization has experienced due to COVID-19.
o Rental Assistance
Viability is defined as the ability to survive or persist. In a business sense, that ability to
survive is ultimately linked to financial performance and position.
o Services rendered are vital to the Black community.
Selected applicants must be able to provide additional information and documents upon request.
Award letters will be sent via email. For successful applicants, the Letter of Agreement will
contain funding restrictions, programmatic and administrative requirements. Reporting documents
should include the total budget along with the amount of grant funding for the program.
Applications are due no later than July 19, 2021 at 5:00 PM MST . All applications will be recorded upon
receipt. Applications received after at 5:00 PM are disqualified and will not be forwarded to the
steering committee for funding considerations. Any additions or deletions to an application,
unless requested by the steering committee, will not be accepted after the deadline of July 19, 2021, at
5:00 PM. One Fund Albuquerque Steering Committee is not responsible for unreadable and/or
out-of-order submissions. Incomplete applications and/or missing documents WILL NOT be
Email submissions only. Please submit your complete application to:
If you have questions, you can call: (505) 322-9604
(Mailed applications will not be accepted)
The City of Albuquerque One Albuquerque Fund is a government entity and subject to the New
Mexico Inspection of Public Records Act (Sections 14-2-1 et seq., NMSA 1978).
Notwithstanding anything contained herein to the contrary, the City or One Albuquerque Fund
shall not be responsible to the applicant for any disclosure of confidential information pursuant
to the Inspection of Public Records Act or pursuant to the City of Albuquerque's public records
act laws, rules, regulations, instructions, or other legal requirement or disclosure made for any
other lawful purpose.
Organizations must deposit the grant check in the organization's checking account.
Organizations must agree to provide a report about the grant funds' use and results from one year
Please include copies of the following documents with your application:
◻ Current 501cs Certification
◻ Current 990 or Current Article of Good Standing
◻ Copy of your NM CRS Documentation
I hereby certify and warrant that the organization meets all eligibility requirements applicable to
the grant. All representations or statements made or furnished by me to the One Albuquerque
Fund – Black Investment Fund connected with this application are true and correct in all material
respects. Any material misstatements or misrepresentations may be grounds for withdrawing or
requiring reimbursement of an award. I understand that it is a criminal violation under New
Mexico law to engage in deception and knowingly make, or cause to be made, directly or
indirectly, a false statement in writing to procure funds from One Albuquerque Fund, a state
agency, or subdivision, or to misuse public funds.
I acknowledge and agree that the One Albuquerque Fund has the discretion to award assistance
as it sees fit. The aid is subject to the availability of funding. There is no guarantee of help even
if applicants meet eligibility requirements. Upon successful completion of the application, the
grantees will be scored on a first-come, first-served basis.