Snapshot

SnapshotSnapshot 2016Snapshot q

Since we were founded in 1981, the goals of the Foundation have remained the same: to coordinate the receipt and investment of charitable contributions, to distribute funds for community needs in a timely and well-researched manner and to serve as a leader and educational resource in encouraging philanthropy in this great city. We continue to strive to make sure that every philanthropic investment returns the greatest emotional, financial and civic benefit possible. We are committed to conversation, community involvement and investment. We endeavor to protect the spirit of each endowment fund and the grants made from those funds, to ensure partnerships that are working together towards these common goals.

In 2016, the Foundation had contributions totaling $4,771,000 and assets under management grew to $70,823,000.

As we close 2016, our vision and mission endure. We continue to be a leader in community philanthropy and to build, invest and manage endowment funds to enhance the quality of our community through informed strategic grantmaking.

Through our grant programs, we were proud to: • Award $3,658,000 in grants • Add the focus of “access to economic opportunity” through six competitive field-of-interest grant programs • Introduce grant cohorts by field-of-interest for all competitive grantees • Introduce grant e-blasts to spread the word about the engaging work and programs of grantees • Administer 18 Scholarships/Student Aid funds, resulting in aid to 143 students

Through our development and leadership programs, we were proud to: • Award $127,000 through the 4th annual Great Grant Giveaway • Grow the Future Fund endowment to $506,473 • Award $200,000 in prize money through the Mayor’s Prize in partnership with the Ewing Marion Kauffman Foundation and generous local donors who believe entrepreneurship is the best path to job growth • Award the first $25,000 Social Giving Club grant • Join with the Cinco Amigos to coordinate the 10th annual Concours du Soleil fundraising event, which netted $165,000 and provided funding for economic and workforce development • Introduce the first Rally du Soleil - a vintage car rally through Northern New Mexico • Continue to support City Alive, Albuquerque’s Living Cities Integration Initiative • Work in partnership with Albuquerque’s anchor institutions to launch Healthy Neighborhoods ABQ: A Community Wealth Building Collaborative • Provide investment expertise for more than 102 nonprofit organizations through Philanthropy Central • Institute Impact Investing as a long-term strategy to grow our community • Hire a new investment firm, RVK, to manage the Foundation’s assets

acknowledgments The Albuquerque Community Foundation would like to acknowledge William P. Lang of the Albuquerque Journal and Starline Printing for the donation of the printing of this report.