Sandia Foundation
Donations deductibleRevenue
$8.3m
year to 30 June 2025
Expenses
$5.7m
year to 30 June 2025
Total assets
$121.2m
$5.9m liabilities
Net assets
$115.3m
assets less liabilities
Directors and trustees
16
6.0y av
Staff
3
employees, year to 30 June 2025
Chair observed
≥6 yrs
Mark Benak Trustee
Left since last filing
0
no seats appear to have opened
Sandia Foundation's network
16 people4 organisationsi16 people and 4 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (16). Violet dotted lines (13) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
16 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 15 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Mark Benak Trustee Chair | Chair | 2019 | 7 yrs |
| Bernard E Brummell Trustee | Vice Chairma | 2019 | 7 yrs |
| Carol Graebner Trustee | Director | 2019 | 7 yrs |
| Christopher Pacheco Trustee | Director | 2019 | 7 yrs |
| Cynthia Schultz Trustee | Director | 2019 | 7 yrs |
| David Walker Trustee | Dickinson Co | 2023 | 3 yrs |
| Doug Brown Trustee | Director | 2020 | 6 yrs |
| ED Garcia Trustee | Director | 2019 | 7 yrs |
| Harold W Lavender JR Trustee | Company secretary | 2019 | 7 yrs |
| James B Lewis | Director | 2023 | 3 yrs |
| James G Dobbie Trustee | Director | 2019 | 7 yrs |
| Ken Marvel | Director | 2019 | 7 yrs |
| Kim Sanchez Rael | Unm Represen | 2024 | 2 yrs |
| Kyle Lee | Director | 2024 | 2 yrs |
| Larry Lujan | Director | 2023 | 3 yrs |
| Olivia Padilla-Jackson Trustee | Director | 2019 | 7 yrs |
Officers and senior leadership
1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Riis Gonzales | President & | since 2019 |
Pay and hours
year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Riis Gonzales | President & | 40 | $316k | $32k | |
| Mark Benak Trustee | Chair | 2 | $4k | ||
| Bernard E Brummell Trustee | Vice Chairma | 2 | $4k | ||
| Harold W Lavender Jr Trustee | Secretary | 2 | $4k | ||
| Christopher Pacheco Trustee | Director | 1 | $4k | ||
| James G Dobbie Trustee | Director | 1 | $4k | ||
| Ed Garcia Trustee | Director | 1 | $4k | ||
| David Walker Trustee | Dickinson Co | 1 | $4k | $264k | $37k |
| Doug Brown Trustee | Director | 1 | $4k | ||
| Carol Graebner Trustee | Director | 1 | $4k | ||
| Olivia Padilla-Jackson Trustee | Director | 1 | $4k | ||
| Ken Marvel | Director | 1 | $4k | ||
| James B Lewis | Director | 1 | $4k | ||
| Larry Lujan | Director | 1 | $4k | ||
| Cynthia Schultz Trustee | Director | 1 | $3k | ||
| Kyle Lee | Director | 1 | $3k | ||
| Kim Sanchez Rael | Unm Represen | 1 | $2k |
About
- Legal name
- Sandia Foundation
- EIN
- 856009907
- Address
- 6211 San Mateo Blvd Ne Ste 100, Albuquerque, NM, 87109-3551
- State
- New Mexico
- 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. (as filed on the Form 990)
- Activity (NTEE)
- B120 Education
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Education
- Size band
- 9 (IRS master file code)
- Formed
- 1948
- Principal officer
- Riis Gonzales (as named on the Form 990)
- IRS ruling date
- 1 October 1957
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2025
- IRS Publication 78
- SOUNK (contributions deductible)
Most connected
Related organisations (Schedule R)
RelatedSCHOOLRegents of the University of NmRelatedSCHOOLDickinson CollegeRelatedCHARITIESAlbuquerque Community FoundationRelatedSUPP ORGThe Dorothy Woodward Memorial
Longest observed on the filings
≥7years on the filingsMark Benak Trustee
≥7years on the filingsBernard E Brummell Trustee
≥7years on the filingsCarol Graebner Trustee
≥7years on the filingsChristopher Pacheco Trustee
Latest return
year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.- Total assets
- $121.2m
- Total liabilities
- $5.9m
- Net assets or fund balances
- $115.3m
- Contributions and grants received
- $0
- Program service revenue
- $0
- Grants and similar paid out
- $4.2m
- Employees
- 3
Filed finances
2 yearsiTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $8.3m | $5.7m | $2.6m |
| 2023 | $7.4m | $5.2m | $2.1m |
As filed on the IRS Form 990. US dollars.
Grants paid
3 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Dickinson College | Financial aid | $1.9m |
| University of New Mexico | Add to endowment | $1.9m |
| Albuquerque Community Foundation | Grants to charities | $425k |