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New Mexico · Nonprofit

CITY OF ALBUQUERQUE FOUNDATION

CITY OF ALBUQUERQUE FOUNDATION (New Mexico) receives grants from 4 organizations whose IRS filings report $2,545,500 to it, the largest being CENTENE FOUNDATION ($2,500,000). 2 of them have funded it in more than one year.

Revenue FY2024
$1.3M
Funders on record
4
Grants received
$2.5M
Net assets
$1.0M
2/4 repeat funderspeak grant-dependency 36%
01What it does

What City of Albuquerque Foundation does

Mission

The organization has been established for the benefit of, to perform the functions of, or to carry out the purposes of the city of albuquerque. The organization will lessen the burdens on city government by addressing certain core problems to create meaningful, lasting solutions that benefit all of the city's residents and further the purposes of the city. The organization will attempt to bring together and leverage the resources of local businesses, nonprofits, individuals, and community organizations to supplement city efforts and match city investments as a public-private partnership. The organization aims to enable the city to approach its greatest priorities with desperately needed speed and urgency, and hopes to enhance city-wide self-appreciation and hope for our future, and to inspire a call to action to benefit our city.

As stated on its FY2024 Form 990.

Program

  1. Over the next few years, the one albuquerque fund aims to fund critical programs to address some of the core challenges our city faces, with an emphasis on safety, homelessness, youth opportunity, the economy, and investment in the black community.

    $746,324 spentof which $635,824 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $746,324.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($238k) Expenses 100 ($34k) Net assets 100 ($204k)2020 Revenue 136 ($325k) Expenses 1018 ($348k) Net assets 89 ($181k)2021 Revenue 536 ($1.3M) Expenses 2060 ($705k) Net assets 369 ($754k)2022 Revenue 186 ($443k) Expenses 1010 ($346k) Net assets 417 ($852k)2023 Revenue 960 ($2.3M) Expenses 7226 ($2.5M) Net assets 334 ($683k)2024 Revenue 525 ($1.3M) Expenses 2675 ($915k) Net assets 499 ($1.0M)
201920202021202220232024
Revenue (525)Expenses (2675)Net assets (499)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $181k to $754k (+317%).

$204k
$181k
$754k
$852k
$683k
$1.0M
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 78%. Grants only. Government contracts and fees sit inside program revenue.

103% of CITY OF ALBUQUERQUE FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$204k
’19
−$23k
’20
$573k
’21
$97k
’22
−$183k
’23
$337k
’24
13
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201920202021202220232024
Listed778888
Joined·+0+3+4+0+0
No longer listed·02400
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income rose $15k → $833k.

Funder
'22
'23
'24*
'25*
total
funders
1
1
3
2

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of CITY OF ALBUQUERQUE FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CITY OF ALBUQUERQUE FOUNDATION leans on a few funders — its largest provides 98% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

CITY OF ALBUQUERQUE FOUNDATION draws 99% of its grant income from funders outside New Mexico, across 3 states in all.

CA
MO
NM

In-state vs out-of-state, by year

’22
’23
New Mexico out of state home

Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CITY OF ALBUQUERQUE FOUNDATION runs a healthier operating margin than three-quarters of the 4,203 community improvement nonprofits its size.

Operating margin27% · top quartile
Months of reserve13.3mo · top quartile
Revenue growth (annualized)39% · top quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Organizations like CITY OF ALBUQUERQUE FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New Mexico

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

82% of spending goes to programs.

Program 82%Management 18%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

NM

Screen this organization

A dated, signed PDF of the compliance screen for CITY OF ALBUQUERQUE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CITY OF ALBUQUERQUE FOUNDATION?
CITY OF ALBUQUERQUE FOUNDATION (New Mexico) receives grants from 4 organizations whose IRS filings report $2,545,500 to it, the largest being CENTENE FOUNDATION ($2,500,000). 2 of them have funded it in more than one year.
How many funders does CITY OF ALBUQUERQUE FOUNDATION have?
IRS filings report 4 organizations giving $2,545,500 in grants to CITY OF ALBUQUERQUE FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of CITY OF ALBUQUERQUE FOUNDATION?
CENTENE FOUNDATION is the largest funder on record, with $2,500,000 in grants. The full list of funders is on this page.
How can an organization like CITY OF ALBUQUERQUE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Mexico. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing