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Community Action New Mexico   400 Central Ave. SE #101  Albuquerque, NM  87102    505.217.2747
info@communityactionnewmexico.org   webmaster@communityactionnewmexico.org
Individual Development Accounts (IDAs) are  Changing the Future of New Mexico
CELEBRATING THE SUCCESSES OF CANM
AND ITS AFFILIATES IN 2007
Over 600 people graduated from financial literacy classes
Over 430 accounts were opened
23 new businesses were opened
22 people purchased post-secondary education
8 families purchased homes
Excited graduates from a Financial Literacy Class
- First step toward a 4:1 matched savings plan completed!
What one new business owner has to say:
In 2005 my wife and I were close to losing
everything. We struggled together and gave
up a lot. In the past 8 months we have
reached incredible goals and seem to be
back on track. Through saving in an IDA I am
now developing a business that prepares
youth leaving the probation and parole
system to work in the construction trades, as
well as completing their high school
equivalency (GED). – Paul Pascarella,
October 2007
Testimony of a graduate:
Regarding financial literacy
education: this must continue! I
learned so much and can see
just how important that younger
people get that early education
about money management.  
Please expand financial literacy
directly into the public school!!!!
Life changing education:
I am a 61 year old
disabled single woman.  I
was able to take part in
IDAs here in Sierra County.
 I purchased a computer,
went to school on line and
received a certificate in
gerontology.  I am now
working for a local nursing
home.  This part-time job
now allows me to qualify
for Medicaid, which had
been a major financial
goal for me.
The Safety of a home:
My family and I would like
to take this opportunity to
thank everyone involved in
the program. The money
that I receive from this
account will go towards
purchasing a home and
will give my family stability...
Moving from our small
trailer to a safe
neighborhood gives a
chance to be secure.          
Peggy Whitaker
Tierra del Sol Housing
These successes were possible
through the generosity of CANM
supporters and donors -
THANK YOU!
VISIONARY (over $100,000)
FUTURIST ($25,001 - $100,000)
New Mexico Community Foundation/
Atlantic Philanthropies
McCune Foundation
My Bank
Wells Fargo Bank and Foundation
LEADER ($10,001 - $25,000)
CNM Foundation
ADVOCATE ($1,001 - $10,000)
1st National Bank, Las Cruces
Merrion Oil & Gas Foundation
New Mexico Project for Financial Literacy
Ona Porter & Miriam Rand
Tides Foundation
WESSTCorp
Anonymous
Lawrence & Kit Anderson
Asset Development Strategies
Carla Barlow
Robert & Liliana Berger
Mary Ellen Capek & Sue Hallgrath
Cuatro Puertas
Arcelia Davila & Urbano Maya
Collin Farley
First Financial Credit Union
Marilyn Folden
Cheryl Gooding & Julie Rosen
Scott Herron
Interworld Associates
Norty & Summers Kalishman
Lou King
Catherine Lara
Miriam Lawrence & Carol Mengerink
Bonnie Lesley
Jim Masters
Melinda Moffit & Ann Dunlap
Kiley Moran
Bruce and Carolyn Muggenburg
James Nusbaum
Blair and Susan Porter
Jami Lara Porter
Nan Porterfield
E Stephens Rand
Fleet & Kim Rand
Saint Jerome's Episcopal Church
Judy and Stephen Smith
Helen Sproull
Gary Stokes
Rachel Tenario
Robert Wartell
Kathleen Wright
CATALYST (up to $1,000)
The above list is under construction.  
Please check back to see additional
donors in the near future.