King-carpenter Foundation

ALBUQUERQUE, NM EIN: 27-0244287

The King-Carpenter Foundation is a private foundation based in Albuquerque, New Mexico. Established in 2009, it operates as a 501(c)(3) tax-exempt organization with no employees.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.8M

-21.0% YoY

Annual Giving

$2.3M

+419.0% YoY

Grant Count

26

-10.3% YoY

Avg Grant Size

$90K

+478.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding priorities include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services

The foundation primarily directs its grantmaking toward organizations in New Mexico and Colorado.

Grantmaking

The foundation makes general operating support grants to eligible organizations.

Grant Types

**

Ready to take the next step with King-carpenter Foundation?

Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated in New Mexico and Colorado.

Grant Distribution by State

2states

Cities

AlbuquerqueGreeleyPecosRio Rancho

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (2023):

  • Total assets: $4,872,492
  • Total revenues: $1,959,779
  • Total expenses: $490,794
  • Total grants, contributions, etc.: $1,509,290
  • Investment income and dividends: $93,256
  • Net gain from sale of non-inventory assets: $357,020

Prior Year (2022):

  • Total grants, contributions, etc.: $1,231,659
  • Investment income and dividends: $43,146
  • Net gain from sale of non-inventory assets: $87,534
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$665K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$3,849,970$4,872,492$3,403,507
Revenue$1,395,138$1,959,779$1,362,681
Expenses$2,417,660$490,794$285,604
Qualifying Distributions$2,348,562$461,091$258,197
Net Investment Income$1,369,728$1,329,181$111,829
Distributable Amount$288,748$204,870$164,394

Giving Over Time

Total grant dollars and number of grants per year

$0$586K$1M$2M$2M25 grants202025 grants202126 grants202229 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNM FOUNDATION$2.0MMANDY'S SPECIAL FARM$80KUNITED WAY OF CENTRAL NM$60KOPERA SOUTHWEST$35KHOPEWORKS$20KALBUQUERQUE HEALTHCARE F…$10KALBUQUERQUE MEALS ON WHE…$10KANIMAL HUMANE ASSOCIATIO…$10KARCA$10KCASA ESPERANZA INC$10K

Grant Size Distribution

131 grants across all recorded years

122<$50K6$50–100K2$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES N KINGPRESIDENT/DIRECTOR1
ELLEN J KINGVICE PRES/DIRECTOR1
CYNTHIA K SCHULTZTREASURER/DIRECTOR1
MICHELLE E KINGSECRETARY/DIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with King-carpenter Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities