SANDIA FOUNDATION: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- SANDIA FOUNDATION (EIN 85-6009907)
- Tax period
- 2017-07-01 to 2018-06-30
- Filed
- 2018-11-13
- IRS object ID
- 201813179349307856
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-13T15:46:46-07:00 | ReturnTs |
| Tax Period End | 2018-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 202486011 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOFTIS GROUP LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4811 HARDWARE RD NE STE E-4 | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 871092023 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 856009907 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SANDIA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAND | BusinessNameControlTxt |
| Phone | 5052422684 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6211 SAN MATEO BLVD NE SUITE 100 | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87109 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RIIS GONZALES | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 5052422684 | PhoneNum |
| Signature | 2018-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | NICK LOFTIS | PreparerPersonNm |
| PTIN | P00546190 | PTIN |
| Phone | 5052935009 | PhoneNum |
| Preparation | 2018-11-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 70.90.202.41 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-13 | IPDt |
| IP Tm | 16:46:46 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | B2390F0A573CB459CB4769FA90CD6E5ED81EF109 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | D2AE9665C4190E9E9CCE909C46EAAF874339B8DE | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RIIS GONZALES | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6211 SAN MATEO BLVD NE SUITE 100 | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87109 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $18,128,659 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SANDIAFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1948 | FormationYr |
| Legal Domicile State | NM | LegalDomicileStateCd |
| Activity Or Mission | GENERATE INCOME FROM REAL ESTATE AND SECURITIES INVESTMENTS AND DISTRIBUTE FUNDS TO THE FOUNDATION'S BENEFICIARIES. THE DISTRIBUTIONS ARE TO DICKINSON COLLEGE, THE UNIVIERSITY OF NEW MEXICO, AND ALBUQUERQUE CHARITIES PER THE WILL OF HUGH B. WOODWARD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 4 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,566,306 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,750,512 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,947,423 | PYOtherRevenueAmt |
| CY Other Revenue | $1,680,874 | CYOtherRevenueAmt |
| PY Total Revenue | $3,513,729 | PYTotalRevenueAmt |
| CY Total Revenue | $3,431,386 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,983,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $3,100,000 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $361,715 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $385,069 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $413,782 | PYOtherExpensesAmt |
| CY Other Expenses | $457,971 | CYOtherExpensesAmt |
| PY Total Expenses | $3,758,497 | PYTotalExpensesAmt |
| CY Total Expenses | $3,943,040 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$244,768 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$511,654 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $92,048,074 | TotalAssetsBOYAmt |
| Total Assets EOY | $95,215,286 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,427,443 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,537,948 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $86,620,631 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $89,677,338 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | GENERATE INCOME FROM REAL ESTATE AND SECURITIES INVESTMENTS AND DISTRIBUTE FUNDS TO THE FOUNDATION'S BENEFICIARIES. THE DISTRIBUTIONS ARE TO DICKINSON COLLEGE, THE UNIVIERSITY OF NEW MEXICO, AND ALBUQUERQUE CHARITIES PER THE WILL OF HUGH B. WOODWARD. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $3,100,000 | ExpenseAmt |
| Grant | $3,100,000 | GrantAmt |
| Desc | DISTRIBUTIONS TO BE PAID TO THE FOLLOWING BEFICIARIES: DICKINSON COLLEGE - 1,395,000 REGENTS OF THE UNIVERSITY OF NEW MEXICO - 1,395,000 OTHER BENEFICIARIES - 310,000 | Desc |
| Total Program Service Expenses | $3,100,000 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 26 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 4 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (true) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SANDIA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5052422684 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6211 SAN MATEO NE SUITE 100 | AddressLine1Txt |
| City | ALBUQUERQUE | CityNm |
| State Abbreviation | NM | StateAbbreviationCd |
| ZIP | 87109 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| SUZANNE BARKER TRUSTEE | |||||||
| CHAIR | 2.00 | 0.20 | Yes (X) | Yes (X) | $3,000 | $0 | $0 |
| BERNARD E BRUMMELL TRUSTEE | |||||||
| VICE CHAIRMA | 2.00 | 0.20 | Yes (X) | Yes (X) | $3,000 | $0 | $0 |
| HAROLD W LAVENDER JR TRUSTEE | |||||||
| SECRETARY | Yes (X) | Yes (X) | $3,000 | $0 | $0 | ||
| VADEN BALES TRUSTEE | |||||||
| DIRECTOR | 1.00 | 0.20 | Yes (X) | $3,000 | $0 | $0 | |
| JAMES G DOBBIE TRUSTEE | |||||||
| DIRECTOR | 1.00 | 0.20 | Yes (X) | $2,500 | $0 | $0 | |
| MARK BENAK TRUSTEE | |||||||
| DIRECTOR | 1.00 | 0.20 | Yes (X) | $3,000 | $0 | $0 | |
| ED GARCIA TRUSTEE | |||||||
| DIRECTOR | 1.00 | 0.20 | Yes (X) | $1,000 | $0 | $0 | |
| CAROL GRAEBNER TRUSTEE | |||||||
| DIRECTOR | 1.00 | 0.20 | Yes (X) | $3,000 | $0 | $0 | |
| CHRISTOPHER PACHECO TRUSTEE | |||||||
| DIRECTOR | 1.00 | 0.20 | Yes (X) | $2,500 | $0 | $0 | |
| OLIVIA PADILLA-JACKSON TRUSTEE | |||||||
| DIRECTOR | 1.00 | 0.20 | Yes (X) | $2,000 | $0 | $0 | |
| CYNTHIA SCHULTZ TRUSTEE | |||||||
| DIRECTOR | 1.00 | 0.20 | Yes (X) | $1,000 | $0 | $0 | |
| DR BRONTE JONES-BURLEIGH TRUSTEE | |||||||
| DICKINSON CO | 1.00 | 40.00 | Yes (X) | $1,000 | $294,677 | $33,028 | |
| ROBERT M DOUGHTY III TRUSTEE | |||||||
| UNM REPRESEN | 1.00 | 0.20 | Yes (X) | $0 | $0 | $0 | |
| JOHN PEROVICH TRUSTEE | |||||||
| DIRECTOR | 1.00 | 0.20 | Yes (X) | $0 | $0 | $0 | |
| RIIS GONZALES | |||||||
| PRESIDENT & | 40.00 | 1.00 | Yes (X) | $183,484 | $0 | $35,460 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $211,484 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $294,677 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $68,488 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,349,193 | TotalRevenueColumnAmt |
| Exclusion | $1,349,193 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,184 | TotalRevenueColumnAmt |
| Exclusion | $19,184 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,592,585 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $930,895 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $1,661,690 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,661,690 | TotalRevenueColumnAmt |
| Exclusion | $1,661,690 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,344,747 | SecuritiesAmt |
| Other | $822,950 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,644,741 | SecuritiesAmt |
| Other | $1,121,637 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $700,006 | SecuritiesAmt |
| Other | -$298,687 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $401,319 | TotalRevenueColumnAmt |
| Exclusion | $401,319 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,431,386 | TotalRevenueColumnAmt |
| Exclusion | $3,431,386 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,100,000 | TotalAmt |
| Program Services | $3,100,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,484 | TotalAmt |
| Management And General | $183,484 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,878 | TotalAmt |
| Management And General | $114,878 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,573 | TotalAmt |
| Management And General | $28,573 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,586 | TotalAmt |
| Management And General | $37,586 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,548 | TotalAmt |
| Management And General | $20,548 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,930 | TotalAmt |
| Management And General | $25,930 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,647 | TotalAmt |
| Management And General | $203,647 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $121,002 | TotalAmt |
| Management And General | $121,002 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,641 | TotalAmt |
| Management And General | $30,641 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,803 | TotalAmt |
| Management And General | $13,803 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,402 | TotalAmt |
| Management And General | $17,402 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,009 | TotalAmt |
| Management And General | $6,009 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,998 | TotalAmt |
| Management And General | $31,998 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| DUES AND SUBSCRIPTIONS | $4,363 | $4,363 |
| BANK AND LOAN FEES | $2,976 | $2,976 |
| CONTRIBUTIONS | $200 | $200 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,943,040 | TotalAmt |
| Program Services | $3,100,000 | ProgramServicesAmt |
| Management And General | $843,040 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $242,302 | BOYAmt |
| EOY | $114,206 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,399 | BOYAmt |
| EOY | $1,032 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $164,773 | BOYAmt |
| EOY | $113,529 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,748 | BOYAmt |
| EOY | $51,349 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $43,610,058 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,716,599 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,752,436 | BOYAmt |
| EOY | $39,893,459 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,230,898 | BOYAmt |
| EOY | $51,037,772 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,471,284 | BOYAmt |
| EOY | $3,739,164 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $135,234 | BOYAmt |
| EOY | $264,775 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,048,074 | BOYAmt |
| EOY | $95,215,286 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,270 | BOYAmt |
| EOY | $254,680 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,983,000 | BOYAmt |
| EOY | $3,100,000 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,258,668 | BOYAmt |
| EOY | $2,122,350 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,505 | BOYAmt |
| EOY | $60,918 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,427,443 | BOYAmt |
| EOY | $5,537,948 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,620,631 | BOYAmt |
| EOY | $89,677,338 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,620,631 | BOYAmt |
| EOY | $89,677,338 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,048,074 | BOYAmt |
| EOY | $95,215,286 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$511,654 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,805,959 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$237,598 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type3 Non Func | Yes (X) | SupportingOrgType3NonFuncInd |
| Supported Organizations | 3 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (3 entries)
| EINEIN | Organization TypeOrganizationTypeCd | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| DICKINSON COLLEGE | ||||
| 231365954 | 2 | Yes (true) | $1,395,000 | $0 |
| UNIVERSITY OF NEW MEXICO | ||||
| 850275408 | 2 | Yes (true) | $1,395,000 | $0 |
| ALBUQUERQUE COMMUNITY FOUNDATION | ||||
| 850295444 | 9 | Yes (true) | $310,000 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 3 | SupportedOrganizationsTotalCnt |
| Support Sum | $3,100,000 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (true) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | false | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | false | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | false | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Form990 Sch A Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timely Provided Documents | Yes (true) | TimelyProvidedDocumentsInd |
| Officers Close Relationship | Yes (true) | OfficersCloseRelationshipInd |
| Supported Org Voice Investment | Yes (true) | SupportedOrgVoiceInvestmentInd |
Adjusted Net Income AdjustedNetIncomeGrp
Net ST Capital Gain Adj Net Incm NetSTCapitalGainAdjNetIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $27,646 | PriorYearAmt |
| Current Year | $18,414 | CurrentYearAmt |
Recoveries PY Distributions RecoveriesPYDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $0 | PriorYearAmt |
Other Gross Income OtherGrossIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $3,010,145 | PriorYearAmt |
| Current Year | $2,796,734 | CurrentYearAmt |
Adjusted Gross Income AdjustedGrossIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $3,037,791 | PriorYearAmt |
| Current Year | $2,815,148 | CurrentYearAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $0 | PriorYearAmt |
Production Income ProductionIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $609,244 | PriorYearAmt |
| Current Year | $639,389 | CurrentYearAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $166,253 | PriorYearAmt |
| Current Year | $203,647 | CurrentYearAmt |
Total Adjusted Net Income TotalAdjustedNetIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $2,262,294 | PriorYearAmt |
| Current Year | $1,972,112 | CurrentYearAmt |
Minimum Asset Amount MinimumAssetAmountGrp
Average Monthly FMV Of Sec AverageMonthlyFMVOfSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $50,344,841 | PriorYearAmt |
| Current Year | $55,209,245 | CurrentYearAmt |
Average Monthly Cash Balances AverageMonthlyCashBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $532,146 | PriorYearAmt |
| Current Year | $368,464 | CurrentYearAmt |
FMV Other Non Exempt Use Asset FMVOtherNonExemptUseAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $39,144,112 | PriorYearAmt |
| Current Year | $40,615,548 | CurrentYearAmt |
Total FMV Of Non Exempt Use Asset TotalFMVOfNonExemptUseAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $90,021,099 | PriorYearAmt |
| Current Year | $96,193,257 | CurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Discount Claimed | $0 | DiscountClaimedAmt |
Acquisition Indebtedness AcquisitionIndebtednessGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $2,292,173 | PriorYearAmt |
| Current Year | $2,183,268 | CurrentYearAmt |
Adjusted FMV Less Indebtedness AdjustedFMVLessIndebtednessGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $87,728,926 | PriorYearAmt |
| Current Year | $94,009,989 | CurrentYearAmt |
Cash Deemed Charitable CashDeemedCharitableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $1,315,934 | PriorYearAmt |
| Current Year | $1,410,150 | CurrentYearAmt |
Net Vl Non Exempt Use Assets NetVlNonExemptUseAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $86,412,992 | PriorYearAmt |
| Current Year | $92,599,839 | CurrentYearAmt |
Pct Of Net Vl Non Exempt Use Ast PctOfNetVlNonExemptUseAstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $3,024,455 | PriorYearAmt |
| Current Year | $3,240,994 | CurrentYearAmt |
Recoveries PY Distri Min Asset RecoveriesPYDistriMinAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $0 | PriorYearAmt |
Total Minimum Asset TotalMinimumAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prior Year | $3,024,455 | PriorYearAmt |
| Current Year | $3,240,994 | CurrentYearAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| CY Adj Net Income Distributable | $2,262,294 | CYAdjNetIncomeDistributableAmt |
| CY Pct85 Adjusted Net Income | $1,922,950 | CYPct85AdjustedNetIncomeAmt |
| CY Total Min Ast Distributable | $3,024,455 | CYTotalMinAstDistributableAmt |
| CY Greater Adjusted Minimum | $3,024,455 | CYGreaterAdjustedMinimumAmt |
| CY Income Tax Imposed PY | $0 | CYIncomeTaxImposedPYAmt |
| CY Distributable As Adjusted | $3,024,455 | CYDistributableAsAdjustedAmt |
Distributions DistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| CY Paid Accomplish Exempt Prps | $2,983,000 | CYPaidAccomplishExemptPrpsAmt |
| CY Pd In Excess Income Activity | $0 | CYPdInExcessIncomeActivityAmt |
| CY Administrative Expense Paid | $0 | CYAdministrativeExpensePaidAmt |
| Exempt Use Assets Acquis Paid | $0 | ExemptUseAssetsAcquisPaidAmt |
| Qualified Set Aside | $0 | QualifiedSetAsideAmt |
| CY Other Distributions | $0 | CYOtherDistributionsAmt |
| CY Total Annual Distributions | $2,983,000 | CYTotalAnnualDistributionsAmt |
| CY Distri Attentive Suprt Org | $2,983,000 | CYDistriAttentiveSuprtOrgAmt |
| CY Distributable As Adjusted | $3,024,455 | CYDistributableAsAdjustedAmt |
| CY Distribution Yr | 0.986293000000 | CYDistributionYrRt |
Distribution Allocations DistributionAllocationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| CY Distributable As Adjusted | $3,024,455 | CYDistributableAsAdjustedAmt |
| Underdistributions | $0 | UnderdistributionsAmt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $244,909 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $244,909 | TotalExcessDistributionCyovAmt |
| Cyov Applied Underdistri PY | $0 | CyovAppliedUnderdistriPYAmt |
| Cyov Applied Underdistr CPY | $244,909 | CyovAppliedUnderdistrCPYAmt |
| Excess Distribution Cyov | $0 | ExcessDistributionCyovAmt |
| CY Total Annual Distributions | $2,983,000 | CYTotalAnnualDistributionsAmt |
| CY Distrib App Underdistri PY | $0 | CYDistribAppUnderdistriPYAmt |
| CY Distri App Distributable | $2,779,546 | CYDistriAppDistributableAmt |
| Excess Distribution | $203,454 | ExcessDistributionAmt |
| Remaining Underdistri PY | $0 | RemainingUnderdistriPYAmt |
| Remaining Underdistri CY | $0 | RemainingUnderdistriCYAmt |
| Excess Distri Cyov To Next Yr | $203,454 | ExcessDistriCyovToNextYrAmt |
| Excess From Year5 | $0 | ExcessFromYear5Amt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $203,454 | ExcessFromYear1Amt |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV, SECTION D, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE SUPPORTED ORGANIZATIONS, UNIVERSITY OF NEW MEXICO AND DICKINSON COLLEGE, BOTH MAINTAIN AN ADEQUATE RELATIONSHIP WITH SANDIA FOUNDATION AS THE BYLAWS OF SANDIA FOUNDATION DICTATE THAT OF THE AT LEAST 14 BOARD MEMBERS OF SANDIA FOUNDATION, ONE MEMBER SHALL BE A REPRESENTATIVE OF THE UNIVERSITY OF NEW MEXICO AND ONE MEMBER OF THE BOARD OF DIRECTORS SHALL BE A REPRESENTATIVE OF DICKINSON COLLEGE. THESE BOARD MEMBERS HOLD OFFICE FOR TERMS OF FIVE YEARS, HOWEVER, THEIR TERM ENDS CONTEMPORANEOUSLY WITH THE DAT ON WHICH THAT DIRECTOR NO LONGER SERVES AS AN OFFICER OR MEMBER OF THE GOVERNING BOARD OF HIS OR HER EDUCATIONAL INSTITUTION EVEN THOUGH THE TERM, AS A RESULT, MAY BE LESS THAN FIVE YEARS IN LENGTH. HAVING REPRESENTATION ON THE BOARD OF SANDIA FOUNDATION GIVES THEM SIGNIFICANT VOICE IN SANDIA'S INVESTMENT POLICIES AND OTHER USE OF INCOME AND ASSETS. ANNUAL DISTRIBUTIONS ARE DETERMINED BY THE BOARD AND DOCUMENTED IN THE BOARD MINUTES. THE SELECTION OF GRANT RECIPIENTS IS DRIVEN BY THE ARTICLES OF INCORPORATION. THE UNIVERSITY OF NEW MEXICO, DICKINSON COLLEGE, AND VARIOUS ALBUQUERQUE CHARITIES THROUGH THE ALBUQUERQUE COMMUNITY FOUNDATION ARE THE DESIGNATED GRANT RECIPIENTS IN THE ARTICLES OF INCORPORATION. CURRENTLY THEY RECEIVED 45%, 45%, AND 10% RESPECTIVELY. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $23,902,360 | InvestmentCostOrOtherBasisAmt |
| Book Value | $23,902,360 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $19,590,572 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $3,603,202 | DepreciationAmt |
| Book Value | $15,987,370 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $117,126 | OtherCostOrOtherBasisAmt |
| Depreciation | $113,397 | DepreciationAmt |
| Book Value | $3,729 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $39,893,459 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITY DEPOSITS | Desc |
| Amt | $60,918 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $60,918 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $8,168,240 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,805,959 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $930,895 | OtherRevenueAmt |
| Revenue Not Reported | $4,736,854 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,431,386 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $3,431,386 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,873,935 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $930,895 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $930,895 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,943,040 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $3,943,040 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | THE FOUNDATION IS A NON-FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION (TYPE III SUPPORTING ORGANIZATION) UNDER INTERNAL REVENUE CODE (IRC) SECTION 509(A)(3), AND THEREFORE IS EXEMPT FROM INCOME TAXES UNDER IRC SECTION 501(C)(3) AS A PUBLIC CHARITY. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2018, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR TAX YEARS ENDED PRIOR TO 2015. |
| SCHEDULE D, PAGE 4, PART XI, LINE 2D | REAL ESTATE EXPENSES DEDUCTED FROM REVENUE 930,895 |
| SCHEDULE D, PAGE 4, PART XII, LINE 2D | REAL ESTATE EXPENSES DEDUCTED FROM REVENUE 930,895 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| DICKINSON COLLEGE | |||||||
| 28 N COLLEGE ST | CARLISLE | PA | 17013 | 231365954 | 501C3 | $1,395,000 | FINANCIAL AID |
| UNIVERSITY OF NEW MEXICO | |||||||
| 1700 LOMAS BLVD NE | ALBUQUERQUE | NM | 87106 | 856000642 | 501C3 | $1,395,000 | ADD TO ENDOWMENT |
| ALBUQUERQUE COMMUNITY FOUNDATION | |||||||
| 3301 MENAUL BLVD NE STE 2 | ALBUQUERQUE | NM | 87107 | 850295444 | 501C3 | $310,000 | GRANTS TO CHARITIES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE DETERMINATION OF THE TOTAL GRANT AMOUNT FOR THE YEAR IS DETERMINED BY THE BOARD AND DOCUMENTED IN THE BOARD MINUTES. THE UNIVERSITY OF NEW MEXICO, DICKINSON COLLEGE, AND ALBUQUERQUE COMMUNITY FOUNDATION ARE THE DESIGNATED GRANT RECIPIENTS IN THE ARTICLES OF INCORPORATION. THE PERCENTAGE OF THE TOTAL GRANT FOR THE YEAR TO BE GIVEN TO THESE ORGANIZATIONS IS PER THE WILL OF HUGH WOODWARD. ALBUQUERQUE COMMUNITY FOUNDATION (ACF) DISTRIBUTES ITS GRANT MONEY TO ALBUQUERQUE CHARITIES. ACF COLLECTS GRANT PROPOSALS AND REVIEWS THEM TO DETERMINE IF THE GRANTEE QUALIFIES. THE QUALIFYING PROPOSALS ARE PRESENTED TO THE BOARD OF SANDIA FOUNDATION. THE BOARD REVIEWS THE PROPOSALS AND SELECTS THE RECIPIENTS. THE SELECTION OF THE RECIPIENTS IS DOCUMENTED IN THE BOARD MINUTES. ACF MAKES THE GRANTS TO THE SELECTED CHARITIES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt |
|---|---|---|---|---|---|---|---|---|
| DR BRONTE JONES-BURLEIGH TRUSTEE | ||||||||
| DICKINSON COLLEGE RE | $1,000 | $289,677 | $5,000 | $33,028 | $1,000 | $327,705 | ||
| RIIS GONZALES | ||||||||
| PRESIDENT & CEO | $176,875 | $218,944 | $6,609 | $35,460 | ||||
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | GENERATE INCOME FROM REAL ESTATE AND SECURITIES INVESTMENTS AND DISTRIBUTE FUNDS TO THE FOUNDATION'S BENEFICIARIES. THE DISTRIBUTIONS ARE TO DICKINSON COLLEGE, THE UNIVIERSITY OF NEW MEXICO, AND ALBUQUERQUE CHARITIES PER THE WILL OF HUGH B. WOODWARD. |
| FORM 990, PART III | LIST OF SPECIFIC DONATIONS MADE VIA ALBUQUERQUE COMMUITY FOUNDATION DURING THE YEAR ENDED JUNE 30, 2018: ALBUQUERQUE COMMUNITY FOUNDATION 11,700 ALBUQUERQUE SPEECH/LANGUAGE/HEARING CENTER 10,000 APS TITLE I HOMELESS PROJECT 10,000 ASSISTANCE LEAGUE OF ALBUQUERQUE 10,000 BARRETT FOUNDATION 10,000 BIG BROTHERS BIG SISTERS 10,000 CATHOLIC CHARITIES 10,000 CHILDREN'S GRIEF CENTER OF NM 10,000 CLN KIDS 10,000 CROSSROADS FOR WOMEN 6,000 ENLACE COMUNITARIO 10,000 ESCUELA DEL SOL MONTESSORI 10,000 HABITAT FOR HUMANITY 10,000 HEADING HOME 10,000 HORIZONS STUDENT OPPORTUNITIES 5,000 KESHET DANCE COMPANY 8,300 MANZANO DAY SCHOOL 5,000 NATIONAL DANCE INSTITUTE 12,000 NEW MEXICO APPLESEED 10,000 NEW MEXICO KIDS MATTER, INC. 10,000 NEW MEXICO LEGAL AID 10,000 NM PHILHARMONIC 10,000 OASIS ALBUQUERQUE ENRICHMENT PROGRAM 10,000 PEGASUS LEGAL SERVICES FOR CHILDREN 10,000 PLANNED PARENTHOOD OF THE ROCKY MOUNTAINS 5,000 PRESBYTERIAN EAR INSTITUTE 12,000 RIO GRANDE COMMUNITY DEVELOPMENT CORP 10,000 ROADRUNNER FOODBANK 10,000 SARANAM 10,000 SOUTH VALLEY ACADEMY 10,000 SOUTHWEST CREATIONS COLLABORATIVE 10,000 THE NEW MEXICO SOCCER FOUNDATION 5,000 YMCA OF CENTRAL NEW MEXICO 10,000 TOTAL 310,000 |
| FORM 990, PAGE 6, PART VI, LINE 3 | THE ORGANIZING DOCUMENTS FOR THE FOUNDATION REQUIRE THAT 10% OF THEIR ANNUAL DISTRIBUTION BE PAID TO ALBUQUERQUE CHARITIES. THE FOUNDATION HAS HIRED THE ALBUQUERQUE COMMUNITY FOUNDATION (ACF) TO OVERSEE THIS EFFORT. ACF RECEIVES AND REVIEWS GRANT APPLICATIONS FROM ALBUQUERQUE CHARITIES AND PRESENTS THOSE THAT ACF BELIEVES TO BE WORTHY RECIPIENTS TO THE SANDIA FOUNDATION BOARD. THE BOARD THEN SELECTS THE ACTUAL RECIPIENTS FROM THE RECOMMENDATIONS PRESENTED BY ACF AND DETERMINES THE AMOUNT TO BE GIVEN TO EACH OF THE SELECTED ORGANIZATIONS. ACF THEN HANDLES THE ACTUAL DISTRIBUTION OF THE GRANTS TO THE INDIVIDUAL ORGANIZATIONS AND MONITORS THE RECIPIENTS TO INSURE THAT THE GRANTS ARE USED FOR THE PURPOSE THEY WERE GIVEN. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS REVIEWED IN DETAIL BY THE FOUNDATION'S CEO/PRESIDENT AND FINANCE DIRECTOR. A COPY OF THE FORM 990 IS THEN GIVEN TO EACH TRUSTEE FOR REVIEW. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE BOARD AND STAFF ARE REQUIRED TO READ AND SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. THEY MUST IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST OF WHICH THEY ARE AWARE AT THAT TIME AND ACKNOWLEDGE THAT THEY ARE RESPONSIBLE TO IMMEDIATELY IDENTIFY ANY CONFLICT THAT COMES UP SUBSEQUENT TO THAT. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE BOARD REVIEWS THE CEO/PRESIDENT'S PERFORMANCE FOR THE YEAR AND DETERMINES WHETHER IT WAS SATISFACTORY AND IF THE CEO/PRESIDENT IS DESERVING OF AN INCREASE IN COMPENSATION. THE BOARD REVIEWS COMPENSATION FOR SIMILAR ORGANIZATIONS AND POSITIONS WITH SIMILAR RESPONSIBILITIES TO DETERMINE THE APPROPRIATE COMPENSATION. THE DECISION TO INCREASE COMPENSATION IS RECORDED IN THE MINUTES. THERE IS NO DOCUMENTATION OF THE DISCUSSION AND FACTORS CONSIDERED IN THE MINUTES. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE BOARD DOES NOT CURRENTLY COMPENSATE OTHER OFFICERS OR KEY EMPLOYEES. |
| FORM 990, PAGE 6, PART VI, LINE 19 | POLICIES AND AUDITED FINANCIAL STATEMENTS ARE AVAIALABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | INVESTMENT DEPRECIATION -237,598 |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| REGENTS OF THE UNIVERSITY OF NM | ||||||||||
| 700 LOMAS NE TWO WOODWARD CENTER | ALBUQUERQUE | NM | 87102 | 850275408 | SCHOOL | NM | 501C3 | 2 | N/A | false |
| DICKINSON COLLEGE | ||||||||||
| PO BOX 1773 | CARLISLE | PA | 170132896 | 231365954 | SCHOOL | NM | 501C3 | 2 | N/A | false |
| ALBUQUERQUE COMMUNITY FOUNDATION | ||||||||||
| 3301 MENAUL BLVD NE STE 2 | ALBUQUERQUE | NM | 87107 | 850295444 | CHARITIES | NM | 501C3 | 7 | N/A | false |
| THE DOROTHY WOODWARD MEMORIAL | ||||||||||
| 6211 SAN MATEO NE STE 100 | ALBUQUERQUE | NM | 87109 | 856061229 | SUPP ORG | NM | 501C3 | PF | N/A | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| REGENTS OF THE UNIVERSITY OF NM | ||
| B | $1,395,000 | CURRENT YR GRANT BY BOARD |
| DICKINSON COLLEGE | ||
| B | $1,395,000 | CURRENT YR GRANT BY BOARD |
| ALBUQUERQUE COMMUNITY FOUNDATION | ||
| B | $310,000 | CURRENT YR GRANT BY BOARD |
| UNIVERSITY OF NEW MEXICO | ||
| J | $144,729 | AMTS RCVD ON LEASE AGRMNT |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R | FormAndLineReferenceDesc |
| Explanation | SANDIA FOUNDATION IS THE TRUSTEE FOR THE DOROTHY WOODWARD MEMORIAL. THE TWO ORGANIZATIONS SHARE THE SAME BOARD OF TRUSTEES. THE STAFF OF SANDIA FOUNDATION DOES THE BOOKKEEPING FOR THE DOROTHY WOODWARD MEMORIAL. THE TIME SPENT ON ACTIVITIES FOR THE DOROTHY WOODWARD MEMORIAL IS MINIMAL, SO NO EXPENSES ARE ALLOCATED TO THE MEMORIAL. SANDIA FOUNDATION PAYS ALBUQUERQUE COMMUNITY FOUNDATION A SAMLL FEE FOR THEIR WORK IN COLLECTING, EVALUATING, AND OVERSEEING GRANT REQUESTS. | ExplanationTxt |
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