New Mexico Community Capital

Mission

Equality Can't Wait Awardee

New Mexico Community Capital (NMCC) is a 501(c)(3) non-profit founded in 2004. We serve Native communities by focusing on mentoring and technical assistance to advance the next generation of Native American entrepreneurs, assist small business owners, and support families and individuals through financial literacy and digital literacy programs and hands-on training. All donations to NMCC are used to further this work through continued programs, both on and off tribal lands and virtually. Your donations also help support our operational costs. All contributions to NMCC are tax-deductible.

Launched in June 2020, Equality Can't Wait was a $40 million challenge to fund solutions to help expand women’s power and influence in the U.S. by 2030. The Challenge was hosted by Pivotal Ventures, Melinda French Gates’ investment and incubation company — with additional support from MacKenzie Scott and Dan Jewett, and Charles and Lynn Schusterman Family Philanthropies. Five-hundred-and-fifty (550) proposals were submitted to the competition and were evaluated using four criteria: Whether the proposals were transformative, innovative, equitable, and feasible. The Equality Can't Wait Idea Lab features top projects from all submissions, as selected by a panel of experts and peers. Five Awardees were announced in July 2021: Four received $10 million each (Ada Developers Academy; Girls Inc.; Native Women Lead; National Domestic Workers Alliance), and one received $4 million (FreeFrom).

Organization Information