Nonprofit · EIN 85-6009907
SANDIA FOUNDATION
Tax-exempt · ALBUQUERQUE, NM 87109
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,298,973 | $5,703,118 | $2,595,855 | $121,164,721 | $5,884,822 | $115,279,899 |
| June 30, 2024 | 990 | $7,372,671 | $5,245,971 | $2,126,700 | $115,034,499 | $5,737,716 | $109,296,783 |
| June 30, 2023 | 990 | $6,107,064 | $5,167,444 | $939,620 | $106,716,964 | $5,827,366 | $100,889,598 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $5,108,617
- Royalties
- $8,146
- Net rental income
- $3,182,210
- Net gain from sales of assets
- $2,421,120
- Other revenue
- $3,190,356
Expenses
- Grants and similar amounts paid
- $4,204,500
- Compensation of officers, directors and key employees
- $324,899
- Other salaries and wages
- $165,693
- Salaries, compensation and benefits (total)
- $664,206
- Professional fundraising fees
- $0
- Accounting fees
- $33,703
- Travel
- $19,312
- Depreciation
- $2,288
- Program services (functional)
- $4,481,061
- Management and general (functional)
- $1,222,057
Balance sheet and other
- Total assets, start of year
- $115,034,499
- Total assets, end of year
- $121,164,721
- Total liabilities, end of year
- $5,884,822
- Net assets, end of year
- $115,279,899
- Land, buildings and equipment
- $45,771,645
- Publicly traded securities
- $62,884,025
- Net assets without donor restrictions
- $115,279,899
- Gross receipts
- $10,926,038
- Employees
- 3
- Year formed
- 1948
- State of legal domicile
- NM
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RIIS GONZALES | PRESIDENT & Officer | 40 | $315,550 | $0 | $31,604 |
| DAVID WALKER TRUSTEE | DICKINSON CO Trustee or director | 1 | $4,305 | $263,675 | $36,541 |
| MARK BENAK TRUSTEE | CHAIR Trustee or director, Officer | 2 | $4,305 | $0 | $0 |
| BERNARD E BRUMMELL TRUSTEE | VICE CHAIRMA Trustee or director, Officer | 2 | $4,305 | $0 | $0 |
| HAROLD W LAVENDER JR TRUSTEE | SECRETARY Trustee or director, Officer | 2 | $4,305 | $0 | $0 |
| CHRISTOPHER PACHECO TRUSTEE | DIRECTOR Trustee or director | 1 | $4,305 | $0 | $0 |
| JAMES G DOBBIE TRUSTEE | DIRECTOR Trustee or director | 1 | $4,305 | $0 | $0 |
| ED GARCIA TRUSTEE | DIRECTOR Trustee or director | 1 | $4,305 | $0 | $0 |
| DOUG BROWN TRUSTEE | DIRECTOR Trustee or director | 1 | $4,305 | $0 | $0 |
| CAROL GRAEBNER TRUSTEE | DIRECTOR Trustee or director | 1 | $4,305 | $0 | $0 |
| OLIVIA PADILLA-JACKSON TRUSTEE | DIRECTOR Trustee or director | 1 | $4,305 | $0 | $0 |
| KEN MARVEL | DIRECTOR Trustee or director | 1 | $4,305 | $0 | $0 |
| JAMES B LEWIS | DIRECTOR Trustee or director | 1 | $4,305 | $0 | $0 |
| LARRY LUJAN | DIRECTOR Trustee or director | 1 | $4,305 | $0 | $0 |
| CYNTHIA SCHULTZ TRUSTEE | DIRECTOR Trustee or director | 1 | $3,229 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KYLE LEE | DIRECTOR Trustee or director | 1 | $3,229 |
| KIM SANCHEZ RAEL | UNM REPRESEN Trustee or director | 1 | $2,153 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RIIS GONZALES | PRESIDENT & Officer | 40 | $303,095 | $0 | $28,521 |
| DAVID WALKER TRUSTEE | DICKINSON CO Trustee or director | 1 | $4,000 | $256,720 | $35,539 |
| MARK BENAK TRUSTEE | CHAIR Trustee or director, Officer | 2 | $4,000 | $0 | $0 |
| BERNARD E BRUMMELL TRUSTEE | VICE CHAIRMA Trustee or director, Officer | 2 | $4,000 | $0 | $0 |
| HAROLD W LAVENDER JR TRUSTEE | SECRETARY Trustee or director, Officer | 2 | $4,000 | $0 | $0 |
| CHRISTOPHER PACHECO TRUSTEE | ASSISTANT SE Trustee or director, Officer | 2 | $4,000 | $0 | $0 |
| ED GARCIA TRUSTEE | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| DOUG BROWN TRUSTEE | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| CAROL GRAEBNER TRUSTEE | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| OLIVIA PADILLA-JACKSON TRUSTEE | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| KEN MARVEL | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| JAMES B LEWIS | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| LARRY LUJAN | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| SUZANNE BARKER KALANGIS TRUSTEE | DIRECTOR Trustee or director | 2 | $2,000 | $0 | $0 |
| JAMES G DOBBIE TRUSTEE | DIRECTOR Trustee or director | 1 | $2,000 | $0 | $0 |
| CYNTHIA SCHULTZ TRUSTEE | DIRECTOR Trustee or director | 1 | $2,000 | $0 | $0 |
| KIM SANCHEZ RAEL | UNM REPRESEN Trustee or director | 1 | $0 | $0 | $0 |
| KYLE LEE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RIIS GONZALES | PRESIDENT & Officer | 40 | $249,147 | $0 | $27,496 |
| DAVID WALKER TRUSTEE | DICKINSON CO Trustee or director | 1 | $4,000 | $116,626 | $18,089 |
| MARK BENAK TRUSTEE | CHAIR Trustee or director, Officer | 2 | $4,000 | $0 | $0 |
| BERNARD E BRUMMELL TRUSTEE | VICE CHAIRMA Trustee or director, Officer | 2 | $4,000 | $0 | $0 |
| HAROLD W LAVENDER JR TRUSTEE | SECRETARY Trustee or director, Officer | 2 | $4,000 | $0 | $0 |
| CHRISTOPHER PACHECO TRUSTEE | ASSISTANT SE Trustee or director, Officer | 2 | $4,000 | $0 | $0 |
| SUZANNE BARKER KALANGIS TRUSTEE | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| ED GARCIA TRUSTEE | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| CAROL GRAEBNER TRUSTEE | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| OLIVIA PADILLA-JACKSON TRUSTEE | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| CYNTHIA SCHULTZ TRUSTEE | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| KEN MARVEL | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| LARRY LUJAN | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| JAMES B LEWIS | DIRECTOR Trustee or director | 1 | $4,000 | $0 | $0 |
| JAMES G DOBBIE TRUSTEE | DIRECTOR Trustee or director | 1 | $3,000 | $0 | $0 |
| DOUG BROWN TRUSTEE | UNM REPRESEN Trustee or director | 1 | $3,000 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 6211 SAN MATEO BLVD NE STE 100, ALBUQUERQUE, NM 87109-3551
- Principal officer (990 for 2024)
- RIIS GONZALES, 6211 SAN MATEO BLVD NE SUITE 100, ALBUQUERQUE, NM 87109
- Signed the 990
- RIIS GONZALES, PRESIDENT & CEO
- Phone
- (505) 242-2684
- Website
- WWW.SANDIAFOUNDATION.ORG
- Return prepared by
- LOFTIS & LOVATO GROUP
Mission
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.
Program accomplishments
- DISTRIBUTIONS TO BE PAID TO THE FOLLOWING BEFICIARIES: DICKINSON COLLEGE - 1,890,000 REGENTS OF THE UNIVERSITY OF NEW MEXICO - 1,890,000 OTHER BENEFICIARIES - 424,500Expenses $4,481,061 · grants $4,204,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 85-6009907
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1957
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B120)
- Assets (IRS master file)
- $121,164,721
- Income (IRS master file)
- $10,926,038
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,298,973 | $5,703,118 | $121,164,721 | XML |
| 990 | June 2024 | $7,372,671 | $5,245,971 | $115,034,499 | XML |
| 990 | June 2023 | $6,107,064 | $5,167,444 | $106,716,964 | XML |
| 990 | June 2022 | $6,126,551 | $5,038,627 | $101,924,097 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-6009907).
Questions about SANDIA FOUNDATION
- What is the EIN of SANDIA FOUNDATION?
- The employer identification number (EIN) of SANDIA FOUNDATION is 85-6009907.
- Is SANDIA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1957.
- Are donations to SANDIA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does SANDIA FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SANDIA FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SANDIA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of SANDIA FOUNDATION?
- The 990 for the year ended June 30, 2025 names RIIS GONZALES.
- Who are the officers and directors of SANDIA FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 17 people; 17 received compensation from the organization, the highest $315,550 (RIIS GONZALES, PRESIDENT &).
- How much revenue does SANDIA FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,298,973, expenses of $5,703,118 and total assets of $121,164,721 at year end.
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