City of Albuquerque Foundation
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.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$1.0M
+49.3% YoY
Annual Giving
$635K
-67.6% YoY
Grant Count
3
-62.5% YoY
Avg Grant Size
$212K
-13.5% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,019,559 | $683,048 | $851,603 |
| Revenue | $1,252,002 | $2,289,510 | $443,035 |
| Expenses | $915,491 | $2,472,948 | $345,694 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $19,578 | $32,529 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does City of Albuquerque Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HAKIM BELLAMY | PRESIDENT | 1 | — |
| HOLLY ARMSTRONG | SECRETARY | 1 | — |
| MARTHA HARGROVE | BOARD MEMBER | 1 | — |
| ERIN MUFFOLETTO | BOARD MEMBER | 1 | — |
| SHERRICK ROANHORSE | BOARD MEMBER | 1 | — |
| MIKE SILVA | BOARD MEMBER | 1 | — |
| ADRIENNE KOPLIK | EXECUTIVE DI | 1 | — |
| STEVE FITZER | DEVELOPMENT | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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