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Also known as: A FOUNDATION BY RICHARD A FREEDMAN
Albuquerque Public Library A Foundation By Richard A Freedman is a private corporation based in ALBUQUERQUE, NM. The foundation received its IRS ruling in 2011. It holds total assets of $10.5M. Annual income is reported at $2.6M. ALBUQUERQUE PUBLIC LIBRARY IS 100% BENEFICIARY OF THE THE FOUNDATIN. SEMI-ANNUAL DISTRIBUTION OF NET INCOME FOR BOOKS AND LIBRARY MATERIALS. IF REQUESTED A MAXIMUM OF 500,000 PRINCIPAL DISTRIBUTION ANNUALLY FOR THE ESTABLISHMENT OF SEPARATE READING ROOMS. According to available records, Albuquerque Public Library A Foundation By Richard A Freedman has made 5 grants totaling $1.6M, with a median grant of $270K. Annual giving has decreased from $150K in 2020 to $1 in 2023. Grantmaking activity was highest in 2022 with $1.2M distributed across 2 grants. Individual grants have ranged from $1 to $589K, with an average award of $320K. Grant recipients are concentrated in New Mexico. Contributions to this foundation are tax-deductible.
ALBUQUERQUE PUBLIC LIBRARY IS 100% BENEFICIARY OF THE THE FOUNDATIN. SEMI-ANNUAL DISTRIBUTION OF NET INCOME FOR BOOKS AND LIBRARY MATERIALS. IF REQUESTED A MAXIMUM OF 500,000 PRINCIPAL DISTRIBUTION ANNUALLY FOR THE ESTABLISHMENT OF SEPARATE READING ROOMS.
Expenses: $270K
ALBUQUERQUE PUBLIC LIBRARY IS 100% BENEFICIARY OF THE THE FOUNDATIN. SEMI-ANNUAL DISTRIBUTION OF NET INCOME FOR BOOKS AND LIBRARY MATERIALS. IF REQUESTED A MAXIMUM OF 500,000 PRINCIPAL DISTRIBUTION ANNUALLY FOR THE ESTABLISHMENT OF SEPARATE READING ROOMS. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NM.
Albuquerque Public Library A Foundation By Richard A Freedman has distributed a total of $1.6M across 5 grants. The median grant size is $270K, with an average of $320K. Individual grants have ranged from $1 to $589K.
Albuquerque Public Library A Foundation By Richard A Freedman typically selects its grantees rather than accepting unsolicited proposals.
Albuquerque Public Library A Foundation By Richard A Freedman is headquartered in ALBUQUERQUE, NM.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas D Walker | TRUSTEE | $0 | $0 | $0 |
Total Giving
$74K
Total Assets
$10.1M
Fair Market Value
$10.1M
Net Worth
$10.1M
Grants Paid
$1
Contributions
$0
Net Investment Income
$150K
Distribution Amount
$491K
Total: $9.5M
Total Grants
5
Total Giving
$1.6M
Average Grant
$320K
Median Grant
$270K
Unique Recipients
1
Most Common Grant
$589K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Albuquerque Public LibraryPURCHASE OF LIBRARY BOOKS AND SUPPLI | Albuquerque, NM | $1 | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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