Sandia Foundation

“The organizing documents for the foundation require that 10% of their annual distribution be paid to albuquerque charities. The foundation has hired the albuquerque community foundation (acf) to oversee this effort. Acf receives and reviews grant applications from albuquerque charities and presents those that acf believes to be worthy recipients to the sandia foundation board. The board then selects the actual recipients from the recommendations presented by acf and determines the amount to be given to each of the selected organizations. Acf then handles the actual distribution of the grants to the individual organizations and monitors the recipients to insure that the grants are used for the purpose they were given.”

“The form 990 is reviewed in detail by the foundation's ceo/president and finance director. A copy of the form 990 is then given to each trustee for review.”

“The board and staff are required to read and sign a conflict of interest statement annually. They must identify any potential conflicts of interest of which they are aware at that time and acknowledge that they are responsible to immediately identify any conflict that comes up subsequent to that.”

“The board reviews the ceo/president's performance for the year and determines whether it was satisfactory and if the ceo/president is deserving of an increase in compensation. The board reviews compensation for similar organizations and positions with similar responsibilities to determine the appropriate compensation. The decision to increase compensation is recorded in the minutes. There is no documentation of the discussion and factors considered in the minutes.”

“The board does not currently compensate other officers or key employees.”

“Policies and audited financial statements are available upon request.”

“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.”

“List of specific donations made to other beneficiaries during the year ended june 30, 2025: abq god's house church community program 2,500 african american catholic community fund 500 albuquerque academy 1,250 albuquerque concert band 500 albuquerque oasis 25,000 anderson abruzzo international balloon museum foundation 7,500 animal humane new mexico 2,250 annual catholic appeal 500 aps education foundation 14,750 assistance league of albuquerque 25,000 barrett foundation, inc 25,000 big brothers big sisters of central new mexico 10,000 birthright of albuquerque 500 cathedral of st. John 1,000 catholic charities 15,000 cnm foundation 2,500 coach mike papa brown msa scholarship fund 5,000 cuidando los ninos 10,000 enlace comunitario 25,000 explora science center & children's museum of albuquerque 16,000 hero's path palliative care abq 2,500 highland high school alumni association 1,000 horizons albuquerque 10,000 imagine new mexico 5,000 joy junction 1,250 junior achievement of new mexico 10,000 keshet dance company 10,000 libros for kids, inc 7,500 lifequest usa inc. 7,500 mandy's farm 10,000 manzano day school 2,500 national atomic museum foundation 7,500 national dance institute of new mexico 15,000 national hispanic cultural center foundation 10,000 new day youth & family services 10,000 new mexico kids matter 10,000 notah begay foundation 2,500 our lady of the most holy rosary church 500 pegasus legal services for children 10,000 planned parenthood of the rocky mountains 10,000 presbyterian ear institute 15,000 roadrunner food bank 12,500 saranam 26,500 silver horizons new mexico 10,000 st. Joseph's mission school 500 the grief center; children's grief center of new mexico 25,000 unm foundation 2,500 total 424,500”