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EIN 20-4798471

Albemarle Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Charlotte
State
North Carolina
Year formed
2006
Most recent tax filings
2019-12-01
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
$4,197,638
2019
Total expenses
$6,865,413
2019
Total assets
$22,754,062
2019
Num. employees
n/a

Grants made by Albemarle Foundation

GranteeGrant descriptionAmount
Communities in Schools of Charlotte Mecklenburg (CIS)Program Assistance$400,000
Foundation for the CarolinasProgram Assistance$400,000
Ymca of Greater CharlotteProgram Assistance$300,000
...and 622 more grants made totalling $4,754,441

Personnel at Albemarle Foundation

NameTitleCompensation
Sandra HolubExecutive Director$185,773
Signing OfficerOfficer

Financials for Albemarle Foundation

RevenuesFYE 12/2019
Total grants, contributions, etc.$3,020,814
Investment income and dividends$606,190
Net rental income$0
Net gain from sale of non-inventory assets$570,634
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,197,638

Form 990s for Albemarle Foundation

Fiscal year endingDate received by IRSFormPDF link
2019-122021-06-11990PFView PDF
2018-122020-01-28990PFView PDF
2017-122019-02-21990PFView PDF
2016-122017-11-29990PFView PDF
2015-122017-01-31990PFView PDF
...and 3 more Form 990s

Organizations like Albemarle Foundation

OrganizationLocationRevenue
Mailman FoundationNew York, NY$3,074,962
Lucretia Philanthropic FoundationWoburn, MA$7,388,977
The Paul and Sherry Broadhead FoundationMeridian, MS$2,405,521
Goldhirsh FoundationBoston, MA$3,288,500
The CT Bauer FoundationHouston, TX$2,576,510
Carroll and Milton Petrie FoundationNew York, NY$10,801,949
Florence Gould FoundationNew York, NY$3,005,077
Poplar FoundationMemphis, TN$12,576,233
The Kaplen FoundationTenafly, NJ$3,858,617
The Morton K and Jane Blaustein FoundationBaltimore, MD$4,657,134
Data update history
July 3, 2022
Posted financials
Added Form 990PF for fiscal year 2019
June 30, 2022
Used new vendors
Identified 1 new vendor, including
September 25, 2021
Updated personnel
Identified 3 new personnel
May 23, 2020
Posted financials
Added Form 990PF for fiscal year 2018
April 25, 2020
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationCharities
Issues
Arts, cultural, and humanitiesEnvironment
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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This organization's description was created in-part with GPT-3 — an artificial intelligence language-generating model developed by OpenAI — because no good description exists within their Form 990. Cause IQ inputs known data points on the organization (primarily from the Form 990) into GPT-3 to generate an informative and user-friendly description summarizing the organization. Cause IQ takes full responsibility for the content of this OpenAI description.