ALBUQUERQUE, NM
Albuquerque Public Library A Foundation By Richard A Freedman
Quick Facts
- EIN
- 456252449
- Location
- ALBUQUERQUE, NM
- Category
- Education
- Total Assets
- $10.5M
- Annual Income
- $2.6M
- IRS Ruling Year
- 2011
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
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 operates in the area of education. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$74K
2023-89%
Total Assets
$10.1M
2023+10%
Fair Market Value
$10.1M
2023
Net Worth
$10.1M
2023
Grants Paid
$1
2023
Contributions
$0
2023
Net Investment Income
$150K
2023
Distribution Amount
$491K
2023
Total Giving by Year
$81K
11$519K
12$1.2M
13$434K
14$240K
15$746K
19$208K
20$346K
21$663K
22$74K
23Asset Growth
$11.1M
11$10.8M
12$9.6M
13$9.7M
14$8.9M
15$9.5M
19$10.1M
20$11M
21$9.2M
22$10.1M
23Investment Portfolio (2023)
Total: $9.5M
Corporate Stock: $8.6M
Corporate Bonds: $459K
Government Obligations: $453K
Cash: $1
Corporate Stock (90%)
Corporate Bonds (5%)
Government Obligations (5%)
Cash (0%)
Expense Breakdown (2023)
Accounting Fees$5K
Grants Paid$1
Revenue Sources (2023)
- Dividends
- $216K
- Capital Gains (Net)
- $137K
- Interest
- $29K
Financial Details (2023)
- Total Revenue
- $382K
- Total Expenses
- $74K
- Exempt Purpose Expenses
- $74K
- Required Distribution
- $491K
- Undistributed Income
- $19K
- Total Liabilities
- $1
- Excise Tax
- $2K
- Tax Due
- $328
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
4
Total Giving
$1M
Average Grant
$252K
Median Grant
$210K
Total Giving by Year
$150K (1 grants)
20$270K (1 grants)
21$589K (1 grants)
22$1 (1 grants)
23Grant Range
Min$1
Max$589K
Median: $210K
Smallest grantLargest grant
Openness to New Grantees (2023)
0%
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
NJ
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
NM: $1M (4)
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
NM$1M (4)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Albuquerque Public LibraryPURCHASE OF LIBRARY BOOKS AND SUPPLI | Albuquerque, NM | $1 | 2023 |
| Albuquerque Public LibraryPURCHASE OF LIBRARY BOOKS AND SUPPLI | Albuquerque, NM | $589K | 2022 |
| Albuquerque Public LibraryPURCHASE OF LIBRARY BOOKS AND SUPPLI | Albuquerque, NM | $270K | 2021 |
| Albuquerque Public LibraryPURCHASE OF LIBRARY BOOKS AND SUPPLI | Albuquerque, NM | $150K | 2020 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
| 2016-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica