The Albertsons Companies Foundation

Organization Overview

The Albertsons Companies Foundation is located in Pleasanton, CA. The organization was established in 2001. According to its NTEE Classification (T30) the organization is classified as: Public 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. Albertsons Companies 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 02/2022, Albertsons Companies Foundation generated $81.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $81.2m during the year ending 02/2022. While expenses have increased by 21.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Albertsons Companies Foundation has awarded 2,849 individual grants totaling $165,545,220. 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 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ALBERTSONS COMPANIES FOUNDATION, WORKING IN COLLABORATION WITH LOCAL ORGANIZATIONS, SEEKS TO IMPROVE THE QUALITY OF LIFE IN THE COMMUNITIES IT SERVES. BY CAREFULLY DIRECTING ITS FUNDRAISING EFFORTS AND THE GENEROUS CONTRIBUTIONS OF ALBERTSONS' EMPLOYEES, VENDORS AND CUSTOMERS, THE FOUNDATION SUPPORTS A VARIETY OF WORTHY CAUSES IN HUNGER RELIEF, YOUTH AND EDUCATION, HEALTH AND HUMAN SERVICES, VETERANS AND PEOPLE WITH SPECIAL NEEDS. IT TAKES PRIDE IN ENSURING THAT THE VAST MAJORITY OF THE FUNDS RAISED STAYS IN LOCAL COMMUNITIES AND REFLECTS WHAT IS IMPORTANT TO ITS CUSTOMERS AND EMPLOYEES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NOURISHING NEIGHBORS - OUR NOURISHING NEIGHBORS PROGRAM'S MISSION IS TO ENSURE THAT ALL OF OUR NEIGHBORS INCLUDING KIDS, SENIORS AND FAMILIES HAVE ACCESS TO NOURISHING FOOD. THROUGH PROGRAMS THAT FUND BREAKFAST FOR KIDS, SUMMER MEALS, HOLIDAY DINNERS, BACKPACKS FOR KIDS TO TAKE HOME OVER THE WEEKENDS, SCHOOL PANTRIES AND MANY OTHER METHODS, NOURISHING NEIGHBORS' GOAL IS TO ENSURE ALL OUR COMMUNITIES' TABLES AND PANTRIES ARE FULL SO THAT OUR NEIGHBORS CAN LEARN, GROW AND SUCCEED.


ALBERTSONS COMPANIES FOUNDATION SUPPORTS CAUSES THAT IMPACT OUR CUSTOMERS' LIVES. OUR STORES PROVIDE THE OPPORTUNITY TO MOBILIZE FUNDING AND CREATE AWARENESS IN OUR NEIGHBORHOODS THROUGH OUR EMPLOYEES' PASSION, PARTNERSHIPS WITH OUR VENDORS AND THE GENEROUS CONTRIBUTIONS BY OUR CUSTOMERS. WE TAKE PRIDE IN ENSURING THAT THE VAST MAJORITY OF THE FUNDS WE RAISE STAYS IN LOCAL COMMUNITIES AND REFLECTS WHAT IS IMPORTANT TO OUR CUSTOMERS AND EMPLOYEES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$4,376,539
Related organizations$4,983,566
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$71,213,008
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$80,573,113
Total Program Service Revenue$0
Investment income $634,599
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $671,471
Net Income from Fundraising Events -$262,407
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $81,616,776

Grants Awarded

Over the last fiscal year, The Albertsons Companies Foundation has awarded $63,463,963 in support to 1,161 organizations.

Grant RecipientAmount

Richmond, CA

PURPOSE: HUNGER

$10,000,000

Richmond, CA

PURPOSE: HUNGER

$3,156,200

SEATTLE CHILDREN'S FOUNDATION

Org PageRecipient Profile

Seattle, WA

PURPOSE: CANCER PREVENTION AND TREATMENT

$1,334,115

Duarte, CA

PURPOSE: CANCER PREVENTION AND TREATMENT

$1,201,979

CHILDREN'S HOSPITAL CORPORATION

Org PageRecipient Profile

Boston, MA

PURPOSE: PEOPLE WITH DISABILITIES

$1,076,018

SPECIAL OLYMPICS SOUTHERN CALIFORNIA

Org PageRecipient Profile

Long Beach, CA

PURPOSE: PEOPLE WITH DISABILITIES

$1,033,236
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Albertsons Companies Foundation has recieved totaling $25,000.

Awarding OrganizationAmount
Hagar Family Foundation

Novato, CA

PURPOSE: TO FURTHER THE PREDOMINANR EXEMPT FUNCTION OF THE RECIPIENTS ORGANIZATION

$25,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Tides Foundation
San Francisco, CA
$863,481,509
San Francisco Foundation
San Francisco, CA
$341,484,551
The Clear Fund
Oakland, CA
$206,158,416
United States Energy Foundation
San Francisco, CA
$181,891,970
Fh Association
Phoenix, AZ
$107,705,615
City Fund
Beaverton, OR
$115,823,271
The Albertsons Companies Foundation
Pleasanton, CA
$81,616,776
Second Harvest Of The Greater Valley
Manteca, CA
$51,004,614
Community Initiatives
Oakland, CA
$57,867,676
Tipping Point Community
San Francisco, CA
$55,633,961
Dagmar Dolby Fund
Novato, CA
$8,168,589
California Health Foundation And Trust
Sacramento, CA
$36,749,563

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