Civic Intelligence

The Albertsons Companies Foundation

990 • Fiscal year 2017 • EIN 91-2144510

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 30, 2018

5858 Stoneridge Mall RoadPleasanton, CA 94588

(925) 226-5121

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

20th percentile

0.03x

Higher debt load relative to assets than 20% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

8th percentile

0.02x

Higher debt load relative to revenue than 8% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

53rd percentile

3.8%

Higher net margin than 53% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

51st percentile

4.9%

Faster asset growth than 51% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

85th percentile

38%

Faster revenue growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Up

$33,988,661

Up $1,590,755 (+4.9%) from 2016

Net Assets

Up

$32,811,753

Up $1,853,891 (+6.0%) from 2016

Liabilities

Down

$1,176,908

Down $263,136 (-18%) from 2016

Revenue

Up

$48,669,915

Up $13,503,035 (+38%) from 2016

Expenses

Up

$46,816,024

Up $19,505,251 (+71%) from 2016

Net Income

Down

$1,853,891

Down $6,002,216 (-76%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80M$60M$40M$20M$0Assets 2010: $34,434,947Liabilities 2010: $12,760,896Net Assets 2010: $21,674,0512010Assets 2011: $38,377,898Liabilities 2011: $12,643,218Net Assets 2011: $25,734,6802011Assets 2012: $35,204,754Liabilities 2012: $11,430,746Net Assets 2012: $23,774,0082012Assets 2013: $32,069,503Liabilities 2013: $7,571,597Net Assets 2013: $24,497,9062013Assets 2014: $23,368,389Liabilities 2014: $3,651,306Net Assets 2014: $19,717,0832014Assets 2015: $27,595,121Liabilities 2015: $4,493,366Net Assets 2015: $23,101,7552015Assets 2016: $32,397,906Liabilities 2016: $1,440,044Net Assets 2016: $30,957,8622016Assets 2017: $33,988,661Liabilities 2017: $1,176,908Net Assets 2017: $32,811,7532017Assets 2018: $35,545,044Liabilities 2018: $1,060,823Net Assets 2018: $34,484,2212018Assets 2019: $41,450,438Liabilities 2019: $1,061,627Net Assets 2019: $40,388,8112019Assets 2020: $73,116,404Liabilities 2020: $5,745,414Net Assets 2020: $67,370,9902020Assets 2021: $72,237,420Liabilities 2021: $1,926,312Net Assets 2021: $70,311,1082021Assets 2022: $69,606,007Liabilities 2022: $410,482Net Assets 2022: $69,195,5252022Assets 2023: $67,619,863Liabilities 2023: $15,781Net Assets 2023: $67,604,0822023Assets 2024: $73,713,042Liabilities 2024: $96,830Net Assets 2024: $73,616,2122024Assets 2025: $79,910,607Liabilities 2025: $13,400Net Assets 2025: $79,897,2072025

Highlighted filing

2017

Assets$33,988,661
Liabilities$1,176,908
Net Assets$32,811,753

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0-$50MRevenue 2010: $53,412,991Expenses 2010: $49,594,088Net Income 2010: $3,818,9032010Revenue 2011: $52,235,358Expenses 2011: $47,746,430Net Income 2011: $4,488,9282011Expenses 2012: $51,374,7512012Revenue 2013: $48,171,782Expenses 2013: $47,447,884Net Income 2013: $723,8982013Revenue 2014: $20,156,957Expenses 2014: $21,937,780Net Income 2014: -$1,780,8232014Revenue 2015: $23,714,471Expenses 2015: $20,329,799Net Income 2015: $3,384,6722015Revenue 2016: $35,166,880Expenses 2016: $27,310,773Net Income 2016: $7,856,1072016Revenue 2017: $48,669,915Expenses 2017: $46,816,024Net Income 2017: $1,853,8912017Revenue 2018: $42,323,156Expenses 2018: $40,650,688Net Income 2018: $1,672,4682018Revenue 2019: $46,344,229Expenses 2019: $40,439,639Net Income 2019: $5,904,5902019Revenue 2020: $143,889,787Expenses 2020: $116,907,608Net Income 2020: $26,982,1792020Revenue 2021: $7,007,281Expenses 2021: $4,067,163Net Income 2021: $2,940,1182021Revenue 2022: $81,616,776Expenses 2022: $81,190,088Net Income 2022: $426,6882022Revenue 2023: $69,050,982Expenses 2023: $69,169,152Net Income 2023: -$118,1702023Revenue 2024: $68,065,900Expenses 2024: $63,174,224Net Income 2024: $4,891,6762024Revenue 2025: $69,774,214Expenses 2025: $64,363,571Net Income 2025: $5,410,6432025

Highlighted filing

2017

Revenue$48,669,915
Expenses$46,816,024
Net Income$1,853,891
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 30, 2018
Return Version
2017v2.2
Gross Receipts
$48,669,915
Mission and Program Overview

Mission

The albertsons companies foundation, working in collaboration with local organizations, seeks to improve the quality of life in the communities it serves. By carefully directing its fundraising efforts and the generous contributions of albertsons' employees, vendors and customers, the foundation supports a variety of worthy causes in hunger relief, youth and education, health and human services, veterans and people with special needs. It takes pride in ensuring that the vast majority of the funds raised stays in local communities and reflects what is important to its customers and employees.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$14,954,786$15,928,680▲ $973,894
Savings and Temporary Cash Investments$15,318,426$14,163,606▼ $1,154,820
Accounts Receivable$1,330,628$3,254,115▲ $1,923,487
Land, Buildings, and Equipment, Net$794,066$642,260▼ $151,806
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$32,397,906$33,988,661▲ $1,590,755
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$323,436$993,586▲ $670,150
Grants Payable$1,103,437$183,322▼ $920,115
Other Liabilities$13,171--
Total Liabilities$1,440,044$1,176,908▼ $263,136
Net Assets / Fund Balance
Unrestricted Net Assets$19,209,835$19,692,988▲ $483,153
Temporarily Rstr Net Assets$11,748,027$13,118,765▲ $1,370,738
Total Net Assets Fund Balance$30,957,862$32,811,753▲ $1,853,891
Total Liabilities and Net Assets / Fund Balance$32,397,906$33,988,661▲ $1,590,755

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$642,260$572,194$1,214,454
Compensation and Service Providers

Board Members and Trustees

NameTitle
Andrew J ScogginChairman & Pres
Connie YatesVice President
Jenna WatkinsonVice President
Kris StaafVice President
Nancy KeaneVice President
Sara OsborneVice President
Wendy GutshallVice President
Jonathan O MayesDirector
Susan MorrisDirector
Carrie CookCFO
Christy Duncan AndersonExecutive Direc
Robert a GordonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$44,429,202
Program Service Revenue
$0
Investment Income
$1,891,295
Other Revenue
$2,349,418
All Other Contributions
$43,475,305
Change in Net Assets
$1,853,891

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$953,897Actual Cost
Total Noncash Contributions$953,897-

Audited Revenue Reconciliation

Revenue per Audited Statements
$48,669,915
Total Revenue per Audited Statements
$48,669,915
Total Revenue per Form 990
$48,669,915
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$44,618,115
Other Expenses$2,197,909
Total Fundraising Expense$763,890
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$44,618,115--$44,618,115
Depreciation Depletion-$151,806-$151,806
Other Expenses-$1,220,551$89,193$89,193
Fees for Services Other-$61,662-$61,662
Total Functional Expenses$44,618,115$1,434,019$763,890$46,816,024

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$46,816,024
Total Expenses per Audited Statements$46,816,024
Total Expenses per Form 990$46,816,024
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,349,418
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournaments$1,386,917$1,386,917-$1,386,917
Gala$962,501$962,501-$962,501
Total Events$2,349,418$2,349,418-$2,349,418
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Directors and officers of the Foundation are employed by The Albertsons Companies.(including its subsidiaries). However, none are expected to be disqualified persons vis-a-vis the Foundation by virture of their positions with The Albertsons Companies.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

The members elect the members of the governing body (but not if the persons on the governing body are the organizations only members) or their delegates.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The members elect the members of the governing body (but not if the persons on the governing body are the organizations only members) or their delegates.

Form 990, Part VI, Line 11B: Form 990 Review Process

Financial statement information which has been incorporated in the Form 990 was reviewed and approved by the board of directors.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The possible conflicts of interest are reviewed by governing body each year.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
The Albertsons Companies Foundation
EIN
91-2144510
Phone
9252265121
Address
5858 Stoneridge Mall Road, Pleasanton, CA 94588

Signing Officer

Name
Christy Duncan Anderson
Title
Executive Director
Signed
2018-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christy Duncan Anderson
Formed
2001
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
0
Employees
0
Volunteers
500

Preparer

Firm
Fong Ko & Associates Llp
Address
1510 FASHION ISLAND BLVD STE 200, SAN MATEO, CA 94404-1596
Preparer
Oliver Laiming Ko
Phone
6502869966
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 -

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Hunger ReliefThe Foundation is one of the largest contributors to food banks and hunger-relief programs in the neighborhoods it serves. In addition, it is a proud supporter of Hunger Is, a proprietary program working to eradicate childhood hunger in America. In partnership with the Entertainment Industry Foundation (EIF), Hunger Is raises awareness, engages volunteers, and raises funds to support innovative and effective programs throughout the country that focused on ensuring every child in America has access to a healthy breakfast. The Foundation will do whatever it takes to assure that no child in America will ever have to say "Hunger Is Me". OTHER PROGRAM SERVICES 5: VeteransThe Foundation is proud to recognize the enormous sacrifice made by our Veterans, especially those who are injured while defending the freedoms we all enjoy. It has specifically focused on recent Veterans for post-September 11th conflicts. It raises funds and focuses its donations to organizations working in its neighborhoods to: Support veterans as they gain access to civilian employment Provide access to health care and support groups for the veterans and their families Support the families of fallen heroes OTHER PROGRAM SERVICES 6: Health and WellnessThe Foundation believes that it can be an integral part of its community. It has invested in its neighbors and the overall wellbeing of its community. OTHER PROGRAM SERVICES 7: Health and NutritionThe Foundation has focused on providing its customers with a fresh and healthy experience every time they enter its stores. It helps to create healthy and thriving communities by supporting organizations that promote nutrition education and maintaining a healthy lifestyle through diet. OTHER PROGRAM SERVICES 8: Other OTHER PROGRAM SERVICES 9: Hurricane Harvey ReliefFollowing the rains and flooding that engulfed Texas communities in Hurricane Harveys wake, Albertsons Companies Foundation raised funds from around the country to support those impacted. Funds were distributed among multiple organizations that focused on ensuring the basic necessities. For example: we supported the Houston Food Bank to provide food for those impacted as well as Rebuilding Together to help people begin to rebuild their homes. We also worked with direct relief organizations like the Red Cross in the immediate aftermath of the floods. OTHER PROGRAM SERVICES 10: California Fire ReliefSimilar to Hurricane Harvey Relief, when the fires ravaged both Norther and Southern California, Albertsons Companies Foundation stepped in to help. The funds we raised were distributed to several worthy organizations also focused on basic necessities as well as direct immediate relief. OTHER PROGRAM SERVICES 11:

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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman & Pres
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Executive Direc
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt8CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt11Vice President
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IRS990/MissionDesc0The Albertsons Companies Foundation, working in collaboration with local organizations, seeks to improve the quality of life in the communities it serves. By carefully directing its fundraising efforts and the generous contributions of Albertsons' employees, vendors and customers, the foundation supports a variety of worthy causes in hunger relief, youth and education, health and human services, veterans and people with special needs. It takes pride in ensuring that the vast majority of the funds raised stays in local communities and reflects what is important to its customers and employees.
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OtherExpensesGrp/Desc0OTHER ADMINSTRATIVE EXPENSE
IRS990/OtherExpensesGrp/Desc1CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc2Printing and Publications
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/FundraisingAmt0421047
IRS990/OtherExpensesGrp/FundraisingAmt1253650
IRS990/OtherExpensesGrp/FundraisingAmt289193
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IRS990/OtherExpensesGrp/TotalAmt1421047
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IRS990/PayrollTaxesGrp/TotalAmt00
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IRS990/PoliciesReferenceChaptersInd0true
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Christy Duncan Anderson
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Hunger ReliefThe Foundation is one of the largest contributors to food banks and hunger-relief programs in the neighborhoods it serves. In addition, it is a proud supporter of Hunger Is, a proprietary program working to eradicate childhood hunger in America. In partnership with the Entertainment Industry Foundation (EIF), Hunger Is raises awareness, engages volunteers, and raises funds to support innovative and effective programs throughout the country that focused on ensuring every child in America has access to a healthy breakfast. The Foundation will do whatever it takes to assure that no child in America will ever have to say "Hunger Is Me".
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt07263343
IRS990/ProgSrvcAccomActy2Grp/GrantAmt07263343
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt07793821
IRS990/ProgSrvcAccomActy3Grp/Desc0California Fire ReliefSimilar to Hurricane Harvey Relief, when the fires ravaged both Norther and Southern California, Albertsons Companies Foundation stepped in to help. The funds we raised were distributed to several worthy organizations also focused on basic necessities as well as direct immediate relief.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05550500
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IRS990/ProgSrvcAccomActy3Grp/RevenueAmt05558393
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IRS990/PYGrantsAndSimilarPaidAmt025071829
IRS990/PYInvestmentIncomeAmt0963323
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02238944
IRS990/PYOtherRevenueAmt03183497
IRS990/PYRevenuesLessExpensesAmt07856107
IRS990/PYTotalExpensesAmt027310773
IRS990/PYTotalRevenueAmt035166880
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01853891
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015318426
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014163606
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt023714471
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt020156957
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt045171782
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0596782
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IRS990ScheduleA/InvestmentIncomeCYPct00.01610
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$79.9$0.01$79.9$69.8$64.4$5.41
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.7$0.10$73.6$68.1$63.2$4.89
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$67.6$0.02$67.6$69.1$69.2$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$69.6$0.41$69.2$81.6$81.2$0.43
2021Summary only. Only limited summary data is available for this year.$72.2$1.93$70.3$7.01$4.07$2.94
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$73.1$5.75$67.4$144$117$27.0
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.5$1.06$40.4$46.3$40.4$5.90
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.5$1.06$34.5$42.3$40.7$1.67
2017Detailed filing. Detailed filing data is available for this year.$34.0$1.18$32.8$48.7$46.8$1.85
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.4$1.44$31.0$35.2$27.3$7.86
2015Summary only. Only limited summary data is available for this year.$27.6$4.49$23.1$23.7$20.3$3.38
2014Detailed filing. Detailed filing data is available for this year.$23.4$3.65$19.7$20.2$21.9$1.78
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.1$7.57$24.5$48.2$47.4$0.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.2$11.4$23.8$51.4
2011Summary only. Only limited summary data is available for this year.$38.4$12.6$25.7$52.2$47.7$4.49
2010Summary only. Only limited summary data is available for this year.$34.4$12.8$21.7$53.4$49.6$3.82