City of Albuquerque Foundation
The organization has been established for the benefit of, to perform the functions of, or to carry out the purposes of the city of albuquerque. The organization will lessen the burdens on city government by addressing certain core problems to create meaningful, lasting solutions that benefit all of the city's residents and further the purposes of the city. The organization will attempt to bring together and leverage the resources of local businesses, nonprofits, individuals, and community organizations to supplement city efforts and match city investments as a public-private partnership. The organization aims to enable the city to approach its greatest priorities with desperately needed speed and urgency, and hopes to enhance city-wide self-appreciation and hope for our future, and to inspire a call to action to benefit our city.
City of Albuquerque Foundation at a glance
In short: City of Albuquerque Foundation gave $635K across 3 grants in 2024 (avg $212K), mostly in New Mexico. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $634,524
- -67.6% vs 2023
- Grants made (2024)
- 3
- -62.5% vs 2023
- Average grant
- $211,508
- -13.5% vs 2023
- Median grant
- $66,358
- Total assets
- $1,019,559
- +49.3% vs 2023
- Primary geography
- New Mexico (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who City of Albuquerque Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Black Chamber of Commerce of New Mexico ($528K). Together the top 3 received $635K.
Grant Size Distribution
37 grants across all recorded years
The most common grant size was under $50K: 28 grants of 37 (76%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
How City of Albuquerque Foundation gives
- Giving grew 56% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $126K (2022) to $2.0M (2023). In 2024 it made 3 grants totaling $635K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Black Chamber of Commerce of New Mexico Albuquerque, NM | Support Black Owned | $528,166 |
| City of Albuquerque Albuquerque, NM | Housing & Homelessne | $66,358 |
| Three Sisters Kitchen Albuquerque, NM | Support Small Busine | $40,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,019,559 | $1,252,002 | $915,491 | $634,524 | 3 | $19,578 |
| 2023 | $683,048 | $2,289,510 | $2,472,948 | $1,956,588 | 8 | $32,529 |
| 2022 | $851,603 | $443,035 | $345,694 | $126,000 | 4 | — |
| 2021 | $754,262 | $1,278,285 | $704,914 | $407,676 | 17 | — |
| 2020 | $180,891 | $324,904 | $348,245 | $207,895 | 5 | — |
| 2019 | $204,232 | $238,455 | $34,223 | — | — | — |
About City of Albuquerque Foundation
Based on IRS filings
City of Albuquerque Foundation is a public charity focused on Community Improvement & Capacity Building, based in Albuquerque, NM. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 3 grants totaling $635K. Net investment income was $20K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
City of Albuquerque Foundation is led by Hakim Bellamy, President on every filing since 2022; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Hakim Bellamy
President
On filings since 2022
1 hr/week
No compensation reported
Adrienne Koplik
Executive Di
On filings since 2019
1 hr/week
$7K (2020) → $0 (2024)
Steve Fitzer
Development
On filings since 2019
1 hr/week
No compensation reported
Erin Muffoletto
Board Member
On filings since 2021
1 hr/week
No compensation reported
Holly Armstrong
Secretary
On filings since 2021
1 hr/week
No compensation reported
Sherrick Roanhorse
Board Member
On filings since 2021
1 hr/week
No compensation reported
Martha Hargrove
Board Member
On filings since 2022
1 hr/week
No compensation reported
Mike Silva
Board Member
On filings since 2022
1 hr/week
No compensation reported
Former officers (5)
- Former: Charles Ashley (2019–2021) — President
- Former: Drew Dolan (2019–2021) — Vice President
- Former: Westly Wellborn (2019–2021) — Board Member
- Former: Pilar Westell (2019–2020) — Secretary
- Former: Robert White (2019–2020) — Board Member
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2020 IRS filing
The highest reported compensation on the 2020 filing was $7K, to Adrienne Koplik (Executive Di).
Frequently asked questions about City of Albuquerque Foundation
How much does City of Albuquerque Foundation give each year?
City of Albuquerque Foundation gave $635K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.0M across 8 grants.
What is City of Albuquerque Foundation's typical grant size?
City of Albuquerque Foundation's median grant in 2024 was $66,358, and its average grant was $211,508, across 3 grants on its 2024 IRS Form 990.
Where does City of Albuquerque Foundation give grants?
City of Albuquerque Foundation gives mostly in New Mexico: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Albuquerque, NM (3 grants).
Does City of Albuquerque Foundation give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on City of Albuquerque Foundation's 2024 IRS Form 990 were described as general or operating support.
How large is City of Albuquerque Foundation?
City of Albuquerque Foundation reported $1.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.3M.
What is City of Albuquerque Foundation?
City of Albuquerque Foundation is a public charity focused on Community Improvement & Capacity Building, based in Albuquerque, NM. It holds $1.0M in total assets as of 2024.
What is City of Albuquerque Foundation's EIN?
City of Albuquerque Foundation's EIN (Employer Identification Number) is 84-2644992. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 30, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
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