Science & Technology Park

Private foundation Albuquerque, NM EIN: 85-0462273

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.

Science & Technology Park at a glance

Total assets
$1,318,026
+1.7% vs 2023
Revenue (2024)
$347,683
+3.6% vs 2023
Qualifying distributions (2024)
$75,746
-10.4% vs 2023
Expenses (2024)
$325,391
-26.3% vs 2023
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026.

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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,318,026$347,683$325,391$75,746$25,444$132,977
2023$1,296,045$335,514$441,650$84,503$4,869$131,551
2022$1,401,911$367,189$475,759$79,774$128$134,319
2021$1,535,483$365,271$452,665$77,323$63$135,332
2020$1,597,772$492,503$584,395—$398$137,207

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.

Leadership & Key People

Officers and directors from IRS filings

Science & Technology Park is led by Sherman McCorkle, President & Chair on every filing since 2020; 2 of 5 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Sherman McCorkle

    President & Chair

    On filings since 2020

    40 hrs/week

    $187K (2020) → $3K (2024)

  • Alex Romero

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Stuart Purviance

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Randall B. Wilson

    Treasurer & Secretary

    On filings since 2020

    20 hrs/week

    $72K (2020) → $62K (2024)

  • Edward Lujan

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Grayson L. Trussell (2020–2023) — Director
  • Former: Jesse Dompreh (2020–2022) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Randall B Wilson — Treas/Sec.: $62KRandall B WilsonTreas/Sec.$62KSherman McCorkle — Pres/Chair: $3KSherman McCorklePres/Chair$3K

The highest reported compensation on the 2024 filing was $62K, to Randall B Wilson (Treas/Sec.). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Science & Technology Park

How large is Science & Technology Park?

Science & Technology Park reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $76K in qualifying distributions that year, against a required minimum of $133K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

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.

What is Science & Technology Park's EIN?

Science & Technology Park's EIN (Employer Identification Number) is 85-0462273. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Science & Technology Park's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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