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EIN 20-4798471

Albemarle Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Charlotte
State
North Carolina
Year formed
2006
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Albemarle Foundation is located in Charlotte, NC, and it is a private foundation. Its trustees are Luther Kissam, Ander Krupa, Jim Labauve, and it made 1,548 grants last year. Its grantees include Communities In Schools Of Charlotte Mecklenburg Inc.
Total revenues
$4,258,896
2022
Total expenses
$6,244,698
2022
Total assets
$27,297,981
2022
Num. employees
3
2022

Grants made by Albemarle Foundation

GranteeGrant descriptionAmount
Communities in Schools of Charlotte Mecklenburg (CIS)Program Assistance$400,000
Carolina Youth CoalitionProgram Assistance$400,000
Ymca of Greater CharlotteProgram Assistance$300,000
...and 677 more grants made totalling $4,476,286

Personnel at Albemarle Foundation

NameTitleCompensation
Carrie ReederExecutive Director
Sandra HolubPast Executive Director$37,970
Jim LabauveOfficer$0

Financials for Albemarle Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$4,751,494
Investment income and dividends$506,114
Net rental income$0
Net gain from sale of non-inventory assets$-998,712
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,258,896

Form 990s for Albemarle Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990PFView PDF
2021-122022-11-11990PFView PDF
2020-122021-11-11990PFView PDF
2019-122021-06-11990PFView PDF
2018-122020-01-28990PFView PDF
...and 6 more Form 990s

Organizations like Albemarle Foundation

OrganizationLocationRevenue
Rosewood Foundation 2045748304Saint Louis, MO$2,256,192
The Hickey Family FoundationMesa, AZ$2,149,934
The Boyd FoundationLas Vegas, NV$6,827,926
The Vadasz Family FoundationSonoma, CA$1,246,598
Care Foundation of America Two Brentwood CommonsBrentwood, TN$2,235,079
TW Lewis FoundationScottsdale, AZ$1,297,457
Shelton H Short JR TrustLas Vegas, NV$1,099,694
W Miller Richardson TrustGrundy, VA$1,137,943
The Zients Family FoundationWashington, DC$1,161,005
Lawson Geraldine G Charitable TrustSan Antonio, TX$1,317,104
Data update history
January 3, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 2, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 7, 2023
Updated personnel
Identified 2 new personnel
June 14, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
4250 Congress St Ste 900
Charlotte, NC 28209
Metro area
Charlotte-Concord-Gastonia, NC-SC
County
Mecklenburg County, NC
Website URL
albemarle.com/about/albemarle-foundation 
Phone
(980) 299-5531
IRS details
EIN
20-4798471
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2006
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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