2024-01-10T12:52:30-05:00 2023-06-30 843463346 LOFTIS & LOVATO GROUP 5501 EAGLE ROCK AVE NE SUITE C-5 ALBUQUERQUE NM 87113 990 2022-07-01 856009907 SANDIA FOUNDATION SAND 5052422684 6211 SAN MATEO BLVD NE SUITE 100 ALBUQUERQUE NM 87109 RIIS GONZALES PRESIDENT & CEO 5052422684 2024-01-09 true CARLOS R GONZALES 999009999 true NICK LOFTIS P00546190 5052935009 2024-01-09 2022 2023-04-26 12:10:37Z RIIS GONZALES 6211 SAN MATEO BLVD NE SUITE 100 ALBUQUERQUE NM 87109 10164607 false X WWW.SANDIAFOUNDATION.ORG X 1948 NM 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. 15 13 4 0 0 0 3487624 3239023 2638927 2868041 6126551 6107064 3785000 3750000 0 541387 589476 0 0 712240 827968 5038627 5167444 1087924 939620 101924097 106716964 6017340 5827366 95906757 100889598 X 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. false false 4029150 3750000 DISTRIBUTIONS TO BE PAID TO THE FOLLOWING BEFICIARIES: DICKINSON COLLEGE - 1,687,500 REGENTS OF THE UNIVERSITY OF NEW MEXICO - 1,687,500 OTHER BENEFICIARIES - 375,000 4029150 true false false false false false false false false false true true false false true true true false false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 6 0 4 true false false false false false false false false false false false false false false X 15 13 false true false false false false false true true false false true true true true true true true true false NM OK X CAROL LAROTONDA 5052422684 6211 SAN MATEO NE SUITE 100 ALBUQUERQUE NM 87109 MARK BENAK TRUSTEE CHAIR 2.00 0.20 X X 4000 0 0 BERNARD E BRUMMELL TRUSTEE VICE CHAIRMA 2.00 0.20 X X 4000 0 0 HAROLD W LAVENDER JR TRUSTEE SECRETARY 2.00 0.20 X X 4000 0 0 CHRISTOPHER PACHECO TRUSTEE ASSISTANT SE 2.00 0.20 X X 4000 0 0 SUZANNE BARKER KALANGIS TRUSTEE DIRECTOR 1.00 0.20 X 4000 0 0 JAMES G DOBBIE TRUSTEE DIRECTOR 1.00 0.20 X 3000 0 0 ED GARCIA TRUSTEE DIRECTOR 1.00 0.20 X 4000 0 0 CAROL GRAEBNER TRUSTEE DIRECTOR 1.00 0.20 X 4000 0 0 OLIVIA PADILLA-JACKSON TRUSTEE DIRECTOR 1.00 0.20 X 4000 0 0 CYNTHIA SCHULTZ TRUSTEE DIRECTOR 1.00 0.20 X 4000 0 0 DAVID WALKER TRUSTEE DICKINSON CO 1.00 0.20 X 4000 116626 18089 DOUG BROWN TRUSTEE UNM REPRESEN 1.00 0.20 X 3000 0 0 KEN MARVEL DIRECTOR 1.00 0.20 X 4000 0 0 LARRY LUJAN DIRECTOR 1.00 0.20 X 4000 0 0 JAMES B LEWIS DIRECTOR 1.00 0.20 X 4000 0 0 RIIS GONZALES PRESIDENT & 40.00 0.20 X 249147 0 27496 307147 116626 45585 1 false true false 1197227 1197227 10557 10557 3541961 684477 2857484 2857484 2857484 5414862 3373066 2041796 2041796 2041796 6107064 6107064 3750000 3750000 276654 276654 158106 158106 47355 47355 80386 80386 26975 26975 29394 29394 312599 312599 63658 63658 46571 46571 17579 17579 13374 13374 1586 1586 55690 55690 INVESTMENT PROPERTY DEPR 279150 279150 DUES AND SUBSCRIPTIONS 6805 6805 BANK AND LOAN FEES 1362 1362 CONTRIBUTIONS 200 200 5167444 4029150 1138294 0 187788 177573 94187 44438 58756 42647 50140779 5023877 43811417 45116902 49916661 52181483 7644933 9025738 210355 128183 101924097 106716964 628883 630681 3775000 3750000 1519391 1352919 94066 93766 6017340 5827366 X 95906757 100889598 95906757 100889598 101924097 106716964 939620 4043221 X false true X true false X X X 3 DICKINSON COLLEGE 231365954 2 true 1687500 0 UNIVERSITY OF NEW MEXICO 850275408 2 true 1687500 0 ALBUQUERQUE COMMUNITY FOUNDATION 850295444 9 true 375000 0 3 3750000 0 true false false false false false false false false false false false false false false true true true 0 0 4046682 4065268 4046682 4065268 0 760646 825695 213652 312599 3072384 2926974 65296179 61312606 370034 1022470 45276230 46796192 110942443 109131268 0 1613457 1450384 109328986 107680884 1639935 1615213 107689051 106065671 3769117 3712298 0 3769117 3712298 3072384 2611526 3769117 3769117 0 3769117 3785000 0 0 0 0 0 3785000 3785000 3769117 1.000000000000 3769117 0 0 0 0 0 27738 27738 0 27738 0 0 3785000 0 3741379 43621 0 0 43621 0 0 0 0 43621 PART IV, SECTION D, LINE 3 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 DATE 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. 23902022 23902022 26108009 4898874 21209135 130748 125003 5745 45116902 HINES 2062335 HARBOURVEST 2015 GLOBAL FUND LP 2053780 IRONSIDE DIRECT 1945288 IRONSIDE V 1317651 HARBOURVEST CO-INVET 1045448 MS CAPITAL PARTNERS CAYMAN 261057 MS ALTERNATIVE INVESTMENTS 180099 MS INFRASTURCTURE PARTNERS 160080 9025738 SECURITY DEPOSITS 93766 93766 X 10834762 4043221 684477 4727698 6107064 6107064 5572771 684477 684477 4888294 279150 279150 5167444 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, 2023, 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 JUNE 30, 2020. SCHEDULE D, PAGE 4, PART XI, LINE 2D REAL ESTATE EXPENSES DEDUCTED FROM REVENUE 684,477 SCHEDULE D, PAGE 4, PART XII, LINE 2D REAL ESTATE EXPENSES DEDUCTED FROM REVENUE 684,477 SCHEDULE D, PAGE 4, PART XII, LINE 4B REAL ESTATE INVESTMENT DEPRECIATION 279,150 true DICKINSON COLLEGE 28 N COLLEGE ST CARLISLE PA 17013 231365954 501C3 1687500 FINANCIAL AID UNIVERSITY OF NEW MEXICO 1700 LOMAS BLVD NE ALBUQUERQUE NM 87106 856000642 501C3 1687500 ADD TO ENDOWMENT ALBUQUERQUE COMMUNITY FOUNDATION 3301 MENAUL BLVD NE STE 2 ALBUQUERQUE NM 87107 850295444 501C3 375000 GRANTS TO CHARITIES 3 SCHEDULE I, PAGE 1, PART I, LINE 2 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. X X X X X false false false false false false false false false RIIS GONZALES PRESIDENT & CEO 249147 27496 276643 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 TO OTHER BENEFICIARIES DURING THE YEAR ENDED JUNE 30, 2023: AACC OF THE ARCHDIOCESE OF SANTA FE 500 ALBUQUERQUE ACADEMY 1,250 ALBUQUERQUE COMMUNITY FOUNDATION 340,000 ANNUAL CATHOLIC APPEAL 500 APS EDUCATION FOUNDATION 3,750 CNM FOUNDATION 2,500 EXPLORA 2,500 GOD'S HOUSE CHURCH 2,500 LOCKER 505 2,500 MANZANO DAY SCHOOL 2,500 NOTAH BEGAY FOUNDATION 2,500 OUR LADY OF THE MOST HOLY ROSARY CHURCH 500 PPRM 1,250 RIGHT TO LIFE COMMITTEE OF NEW MEXICO 500 RIO GRANDE FOOD PROJECT 2,500 ROADRUNNER FOOD BANK 2,500 SARANAM 2,500 SOUTHWEST COLLABORATIVE/ HACIA PROGRAM 1,250 ST. JOSEPH'S MISSION SCHOOL 500 UNM FOUNDATION, INC. 2,500 TOTAL 375,000 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 AVAILABLE UPON REQUEST. 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 PA 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 false true false false false false false false false true false false false false false false false false false REGENTS OF THE UNIVERSITY OF NM B 1687500 CURRENT YR GRANT BY BOARD DICKINSON COLLEGE B 1687500 CURRENT YR GRANT BY BOARD ALBUQUERQUE COMMUNITY FOUNDATION B 375000 CURRENT YR GRANT BY BOARD UNIVERSITY OF NEW MEXICO J 528537 AMTS RCVD ON LEASE AGRMNT SCHEDULE R 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 SMALL FEE FOR THEIR WORK IN COLLECTING, EVALUATING, AND OVERSEEING GRANT REQUESTS.