Cardinal Foundation

Organization Overview

Cardinal Foundation is located in Albuquerque, NM. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cardinal Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Cardinal Foundation generated $21.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $23.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Cardinal Foundation has awarded 103 individual grants totaling $103,280. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MISSION OF THE FOUNDATION IS TO SUPPORT PUBLIC CHARITIES.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1
Dividends & Interest $7,820
Net Rental Income$0
Net Gain on Sale of Assets $13,718
Capital Gain Net Income $13,718
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $21,539

Grants Awarded

Over the last fiscal year, Cardinal Foundation has awarded $18,250 in support to 18 organizations.

Grant RecipientAmount

ALBUQUERQUE MUSEUM FOUNDATION

Org PageRecipient Profile

Albuquerque, NM

PURPOSE: FURTHER CULTURAL/EDUCATION PROGRAMS

$5,000

UNM LOBO CLUB

PURPOSE: ATHLETIC SCHOLARSHIPS FOR STUDENTS

$2,000

UNIVERSITY OF WYOMING FOUNDATION

Org PageRecipient Profile

Laramie, WY

PURPOSE: TO RAISE, MANAGE, AND INVEST PRIVATE SUPPORT FOR THE BENEFIT OF THE UNIVERSITY OF WYOMING

$1,500

SPECIAL OLYMPICS NM

PURPOSE: TO PROVIDE SPORTS TRAINING AND COMPETITION FOR PEOPLE WITH MENTAL CHALLENGES

$1,500

WOUNDED WARRIOR PROJECT

Org PageRecipient Profile

Jacksonville, FL

PURPOSE: TO HONOR AND EMPOWER WOUNDED WARRIORS

$1,000

RIO GRANDE FOUNDATION

Org PageRecipient Profile

Albuquerque, NM

PURPOSE: INCREASING LIBERTY & PROSPERITY

$1,000
View Grant Profile

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