Science & Technology Park

Foundation · Grantmaker ALBUQUERQUE, NM EIN: 85-0462273

Community Improvement & Capacity Building

Science & Technology Park is a private foundation focused on Community Improvement & Capacity Building, based in ALBUQUERQUE, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it made $76K in qualifying distributions. Net investment income was $25K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+1.7% YoY

Revenue

$348K

+3.6% YoY

Qualifying Distributions

$76K

-10.4% YoY

Expenses

$325K

-26.3% YoY

Under IRS private-foundation payout rules, Science & Technology Park reported a distributable amount of $133K for 2024 — the minimum it must pay out in qualifying distributions.

About Science & Technology Park

Based on IRS filings

Focus Areas

Community Improvement & Capacity Building

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Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,318,026	$1,296,045	$1,401,911
Revenue	$347,683	$335,514	$367,189
Expenses	$325,391	$441,650	$475,759
Qualifying Distributions	$75,746	$84,503	$79,774
Net Investment Income	$25,444	$4,869	$128
Distributable Amount	$132,977	$131,551	$134,319

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SHERMAN MCCORKLE	PRES/CHAIR	40	$3,091
EDWARD LUJAN	VICE PRES.	1	—
RANDALL B WILSON	TREAS/SEC.	20	$62,000
STUART PURVIANCE	DIRECTOR	1	—
ALEX ROMERO	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Community Improvement & Capacity Building

Frequently Asked Questions

What is Science & Technology Park?

Science & Technology Park is a private foundation focused on Community Improvement & Capacity Building, based in ALBUQUERQUE, NM. It holds $1.3M in total assets as of 2024.

How large is Science & Technology Park?

As of 2024, Science & Technology Park holds $1.3M in total assets with $348K in annual revenue.

How much is Science & Technology Park required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Science & Technology Park reported a distributable amount of $133K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.