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Albuquerque Community Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850295444 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

Overview

What is Albuquerque Community Foundation?

The Albuquerque Community Foundation is a nonprofit organization based in Albuquerque, New Mexico. Its primary mission is to manage a permanent community endowment and distribute grants to local and global non-profit organizations. This foundation focuses on improving the social, cultural, educational, economic, and workforce development needs of the Albuquerque metro area by providing financial assistance. Specifically, they support organizations addressing healthcare, including mental health and dental care, for uninsured, underinsured, and medically underserved adults, children, and the elderly. Additionally, they grant funds to programs providing direct assistance for vulnerable populations, such as at-risk children and youth, people in transition, and homeless individuals to become self-sufficient. The foundation has granted to 198 different non-profit organizations throughout the year.


Official website here: www.albuquerquefoundation.org

Is Albuquerque Community Foundation legitimate?

Albuquerque Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albuquerque Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $652,207
Professional Fundraising Fees: $0
Other Salaries and Wages: $671,086

For more financial information, click here


Official website here: www.albuquerquefoundation.org

What is the mission statement of Albuquerque Community Foundation?

The Albuquerque Community Foundation manages a permanent endowment, utilizing the funds to grant money to various non-profit organizations. Their mission is geared towards addressing the social, cultural, educational, economic, and workforce development needs of communities, both locally and globally. The foundation prioritizes support in the areas of health care, with a focus on providing access to quality care, including mental health and dental services, for underinsured, uninsured, and medically underserved populations. Additionally, they support human services programs, including those that offer assistance to vulnerable populations such as at-risk children and youth, individuals in transition, and those experiencing homelessness, with an emphasis on meeting their basic needs of food and shelter. During the past year, 198 non-profit organizations received grants from the foundation.


Official website here: www.albuquerquefoundation.org

Who is the CEO of Albuquerque Community Foundation?

R Randall Royster is the Chair of Albuquerque Community Foundation. The CEO's salary of Albuquerque Community Foundation is $256,615 and their total compensation is $285,126.


Official website here: www.albuquerquefoundation.org

What is the revenue of Albuquerque Community Foundation?

Albuquerque Community Foundation's revenue in 2022 was $14,332,959.


Official website here: www.albuquerquefoundation.org

Who are the executives of Albuquerque Community Foundation and what are their salaries?

The average compensation at Albuquerque Community Foundation during 2022 was $73,516. There are 18 employees and 26 volunteers at Albuquerque Community Foundation.

Here are 30 key members and their salaries (Albuquerque Community Foundation's CEO's salary is $256,615 and their total compensation is $285,126):

    R Randall Royster (President & Ceo)
  • Compensation: $256,615
  • Related: $0
  • Other: $28,511

    • Nicholas Williams (Cfo)
  • Compensation: $122,119
  • Related: $0
  • Other: $11,661

    • Marisa Magallanez (Vp Strategy & Equity)
  • Compensation: $109,137
  • Related: $0
  • Other: $10,488

    • Juaquin Moya (Vp Philanthropic Advising)
  • Compensation: $103,179
  • Related: $0
  • Other: $10,497

    • Beverly Bendicksen (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abinash Achrekar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Allen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Antram (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Bowman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arellana Cordero (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Daulton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Dearholt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Dipaola (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sanjay Engineer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Harms (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Harrington (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Hurd-Knief (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Leach (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Mondragon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Parker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Sapon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlotte Schoenmann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter Stern (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky Teague (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Traub (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Esther Villas Wingfield (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Waldon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcus Mims (Chair Elect & Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Maestas (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jose Viramontes (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.albuquerquefoundation.org

    Where can I find the form 990 for Albuquerque Community Foundation?

    The Albuquerque Community Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.albuquerquefoundation.org

    Learn more at the official website: www.albuquerquefoundation.org

    Mission Statement of Albuquerque Community Foundation

    The Albuquerque Community Foundation is a leading organization that manages a permanent endowment to grant funds to various non-profit entities. Its primary objective is to address the social, cultural, educational, economic, and workforce development needs of the Albuquerque metro area and other global outreach organizations.

    In simple terms, the Albuquerque Community Foundation functions as a philanthropic hub, distributing grants to non-profit organizations to improve the quality of life for individuals and communities in need. One of its key areas of focus is health care. Through its grant initiatives, the foundation supports initiatives that provide access to quality health care, including mental health and dental care, for uninsured, underinsured, and medically underserved adults, children, and the elderly.

    Another critical area of focus for the Albuquerque Community Foundation is human services. The foundation provides grants to organizations that offer direct assistance to vulnerable populations, such as at-risk children and youth, people in transition, and those who are homeless, helping them become self-sufficient. Additionally, the foundation prioritizes nurturing families, with a particular emphasis on addressing their basic needs of food and shelter.

    During the past year, the Albuquerque Community Foundation granted funds to 198 different non-profit organizations, making a significant impact in the community. By providing financial resources, the foundation empowers these organizations to make a difference in the lives of countless individuals and families in need.

    Impact

    This information is meant to be a general summary of Albuquerque Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Albuquerque Community Foundation's impact is significant in addressing the social, cultural, educational, economic, and workforce development needs of the Albuquerque metro area and other global outreach organizations. They administer a permanent community endowment that provides grants to nonprofit organizations working towards improving access to quality healthcare, including mental health and dental care, for uninsured, underinsured, and medically underserved individuals. Additionally, they support programs that provide direct assistance to vulnerable populations, such as at-risk children and youth, people in transition or experiencing homelessness, and families in need of basic necessities like food and shelter. Overall, their work has benefited 198 different nonprofit organizations, demonstrating a wide-reaching impact on the community and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,467,220
  • Program Service Revenue: $310,940
  • Gross Receipts: $26,034,295

    • Assets and Liabilities:
  • Total Assets: $139,635,489
  • Total Liabilities: $24,080,574
  • Net Assets: $115,554,915
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMINISTRATIVE FEES

    Revenue

    $310,940

    Organization Details

    Founding Year

    1981

    Principal Officer

    R Randall Royster

    Main Address

    PO BOX 25266, ALBUQUERQUE, NM, 871255266

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Albuquerque Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.