Sandia Foundation
Generate income from real estate and securities investments and distribute funds to the foundation's beneficiaries. The distributions are to dickinson college, the university of New Mexico, and albuquerque charities per the will of hugh b. Woodward.
Sandia Foundation at a glance
In short: Sandia Foundation gave $4.2M across 3 grants in 2025 (avg $1.4M), mostly in New Mexico. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $4,204,500
- +8.9% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $1,401,500
- +8.9% vs 2024
- Median grant
- $1,890,000
- Total assets
- $121,164,721
- +5.3% vs 2024
- Primary geography
- New Mexico (55% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Sandia Foundation
Open Grants
1 open opportunity from Sandia Foundation
Who Sandia Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Dickinson College ($1.9M). Together the top 3 received $4.2M.
Grant Size Distribution
15 grants across all recorded years
The most common grant size was in the $1–5M range: 10 grants of 15 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Sandia Foundation gives
- Giving held roughly steady from 2022 to 2025 (+11%). 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 2025, annual grant giving ranged from $3.3M (2020) to $4.2M (2025). In 2025 it made 3 grants totaling $4.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Dickinson College Carlisle, PA | Financial Aid | $1,890,000 |
| University of New Mexico Albuquerque, NM | Add to Endowment | $1,890,000 |
| Albuquerque Community Foundation Albuquerque, NM | Grants to Charities | $424,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $121,164,721 | $8,298,973 | $5,703,118 | $4,204,500 | 3 | $5,108,617 |
| 2024 | $115,034,499 | $7,372,671 | $5,245,971 | $3,860,000 | 3 | $4,448,343 |
| 2023 | $106,716,964 | $6,107,064 | $5,167,444 | $3,750,000 | 3 | $3,239,023 |
| 2022 | $101,924,097 | $6,126,551 | $5,038,627 | $3,785,000 | 3 | $3,487,624 |
| 2021 | $111,642,478 | $4,967,122 | $4,468,701 | $3,600,000 | 3 | $2,415,874 |
| 2020 | $96,432,643 | $5,182,629 | $4,199,707 | $3,335,000 | 3 | $2,974,175 |
About Sandia Foundation
Based on IRS filings
Sandia Foundation is a public charity focused on Education, based in Albuquerque, NM. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $121.2M in total assets. In 2025, it awarded 3 grants totaling $4.2M. Net investment income was $5.1M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Sandia Foundation is led by Riis Gonzales, President on every filing since 2020; all 17 officers listed in 2025 are compensated.
Officers on the 2025 filing
Riis Gonzales
President
On filings since 2020
40 hrs/week
$233K (2020) → $316K (2025)
Mark Benak Trustee
Chair
On filings since 2020
2 hrs/week
$2K (2020) → $4K (2025)
Carol Graebner Trustee
Director
On filings since 2020
1 hr/week
$2K (2020) → $4K (2025)
Christopher Pacheco Trustee
Director
Assistant Se → Director, 2025
On filings since 2020
1 hr/week
$2K (2020) → $4K (2025)
Cynthia Schultz Trustee
Director
On filings since 2020
1 hr/week
$2K (2020) → $3K (2025)
Doug Brown Trustee
Director
Unm Representative → Director, 2024
On filings since 2020
1 hr/week
$2K (2020) → $4K (2025)
Ed Garcia Trustee
Director
On filings since 2020
1 hr/week
$2K (2020) → $4K (2025)
James G. Dobbie Trustee
Director
On filings since 2020
1 hr/week
$1K (2020) → $4K (2025)
Ken Marvel
Director
On filings since 2020
1 hr/week
$2K (2020) → $4K (2025)
Olivia Padilla-Jackson Trustee
Director
On filings since 2020
1 hr/week
$2K (2021) → $4K (2025)
James B. Lewis
Director
On filings since 2023
1 hr/week
$4K (2023) → $4K (2025)
Larry Lujan
Director
On filings since 2023
1 hr/week
$4K (2023) → $4K (2025)
Kyle Lee
Director
On filings since 2024
1 hr/week
$3K (2025)
Bernard E. Brummell Trustee
Vice Chairman
On filings since 2020
2 hrs/week
$2K (2020) → $4K (2025)
Harold W. Lavender Jr Trustee
Secretary
On filings since 2020
2 hrs/week
$2K (2020) → $4K (2025)
David Walker Trustee
Dickinson Co
On filings since 2023
1 hr/week
$4K (2023) → $4K (2025)
Kim Sanchez Rael
Unm Representative
On filings since 2024
1 hr/week
$2K (2025)
Former officers (4)
- Former: Suzanne Barker Kalangis Trustee (2020–2024) — Director
- Former: Vaden Bales Trustee (2020–2022) — Director
- Former: Annette Parker Trustee (2022) — Dickinson Co
- Former: Bronte Jones-Burleigh Trustee (2020–2021) — Dickinson Co
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $316K, to Riis Gonzales (President &). 17 officers or directors reported compensation on that filing.
Frequently asked questions about Sandia Foundation
How much does Sandia Foundation give each year?
Sandia Foundation gave $4.2M across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $3.9M across 3 grants.
What is Sandia Foundation's typical grant size?
Sandia Foundation's median grant in 2025 was $1,890,000, and its average grant was $1,401,500, across 3 grants on its 2025 IRS Form 990.
Where does Sandia Foundation give grants?
Sandia Foundation gives mostly in New Mexico: 55% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Pennsylvania (45%). The most frequent recipient cities were Albuquerque, NM (2 grants).
Does Sandia Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Sandia Foundation's 2025 IRS Form 990 were described as general or operating support.
How large is Sandia Foundation?
Sandia Foundation reported $121.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $8.3M.
What is Sandia Foundation?
Sandia Foundation is a public charity focused on Education, based in Albuquerque, NM. It holds $121.2M in total assets as of 2025.
What is Sandia Foundation's EIN?
Sandia Foundation's EIN (Employer Identification Number) is 85-6009907. IRS Form 990 filing data is available on this page for 2020–2025.
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
- Updated Form 990 for fiscal year 2020 (received by the IRS December 2, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS January 28, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS January 10, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS January 28, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS December 17, 2025)
- IRS filings on file for fiscal years 2020–2025
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