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Also known as: A FOUNDATION BY RICHARD A FREEDMAN
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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. The foundation is governed by 1 officer or trustee. 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 its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. 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 N/A in 2023. Grantmaking activity was highest in 2022 with $1.2M distributed across 2 grants. Individual grants have ranged from N/A 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 N/A 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 | N/A |
Total Giving
N/A
Total Assets
$10.5M
Fair Market Value
N/A
Net Worth
$10.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 | N/A | 2023 |