The Robert & Mollie Custer

Foundation · Grantmaker Albuquerque, NM EIN: 26-4228322

The Robert & Mollie Custer is a private foundation focused on Education, based in Albuquerque, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $680 in total assets. In 2024, it awarded 1 grant totaling $100.

Key facts about The Robert & Mollie Custer

EIN
26-4228322
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$100
Grants made (2024)
1
Average grant
$100
Median grant
$100
Total assets
$680
Primary geography
New Mexico (100% of itemized 2024 grant dollars)

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

How The Robert & Mollie Custer gives

  • In 2024 it paid out 200% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$680

+22.3% YoY

Annual Giving

$100

Grant Count

1

Avg Grant Size

$100

Under IRS private-foundation payout rules, The Robert & Mollie Custer reported a distributable amount of $50 for 2024 — the minimum it must pay out in qualifying distributions.

About The Robert & Mollie Custer

Based on IRS filings

The Robert & Mollie Custer is a private foundation focused on Education, based in Albuquerque, NM. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $680 in total assets. In 2024, it awarded 1 grant totaling $100.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

AlbuquerqueAlburquerque

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$330$660$990$1K20202021202220232024
Metric202420232022
Total Assets$680$556$337
Revenue$1,200$1,000$1,000
Expenses$1,076$781$1,011
Qualifying Distributions$100—$50
Net Investment Income———
Distributable Amount$50$25$17

Data update history

When this profile's IRS filing data changed on Grantable

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

Giving Over Time

Total grant dollars and number of grants per year

$0$25$50$75$1000 grants20200 grants20211 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Abq Academy: $100Abq Academy$100

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Abq Academy ($100).

RecipientPurposeAmount
ABQ ACADEMY Alburquerque, NMTO ASSIST WITH FUNDING OF SCHOOL ACTIVITES$100

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Robert D CusterPresident, Director0.5—
Mary E CusterDirector0.5—
Erin M CusterDirector, Secretary0.5—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Robert & Mollie Custer?

The Robert & Mollie Custer is a private foundation focused on Education, based in Albuquerque, NM. It holds $680 in total assets as of 2024.

How large is The Robert & Mollie Custer?

As of 2024, The Robert & Mollie Custer holds $680 in total assets with $1K in annual revenue. It awarded 1 grant totaling $100 in 2024.

Where does The Robert & Mollie Custer operate?

The Robert & Mollie Custer has awarded grants in New Mexico.

What size grants does The Robert & Mollie Custer award?

In 2024, The Robert & Mollie Custer awarded 1 grant totaling $100 — an average of about $100 per grant, based on its IRS Form 990 filings.

How much is The Robert & Mollie Custer required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Robert & Mollie Custer reported a distributable amount of $50 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Robert & Mollie Custer's EIN?

The Robert & Mollie Custer's EIN (Employer Identification Number) is 26-4228322. IRS Form 990 filing data is available on this page for 2020–2024.

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

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