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.

For the year ending 12/2019, Albertsons Companies Foundation generated $46.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $40.4m during the year ending 12/2019. While expenses have increased by 14.7% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

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

HUNGER RELIEFTHE FOUNDATION IS ONE OF THE LARGEST CONTRIBUTORS TO FOOD BANKS AND HUNGER-RELIEF PROGRAMS IN THE NEIGHBORHOODS IT SERVES. IN ADDITION, IT IS A PROUD SUPPORTER OF NOURISHING NEIGHBORS (FORMERLY HUNGER IS), A PROPRIETARY PROGRAM WORKING TO ERADICATE CHILDHOOD HUNGER IN AMERICA. NOURISHING NEIGHBORS RAISES AWARENESS, ENGAGES VOLUNTEERS, AND RAISES FUNDS TO SUPPORT INNOVATIVE AND EFFECTIVE PROGRAMS THROUGHOUT THE COUNTRY THAT FOCUSED ON ENSURING ALL OF OUR NEIGHBORS HAVE ACCESS TO HEALTH FOOD.


CANCER RESEARCHTHE FOUNDATION BELIEVES THAT ALL PEOPLE DESERVE ACCESS TO ESSENTIAL HUMAN SERVICES AND THAT THE HEALTH OF ITS COMMUNITY STARTS WITH THE HEALTH OF ITS NEIGHBORS. IT SPONSORS ORGANIZATIONS ENGAGED IN MEDICAL RESEARCH PROGRAMS THAT IMPROVE THE LIVES OF ITS NEIGHBORS, PARTICULARLY THOSE WHO TRADITIONALLY HAVE LITTLE OR NO ACCESS TO CARE. THE FOUNDATION FOCUSES, AMONG OTHER HEALTH-RELATED CAUSES, ON CANCER RESEARCH AND ORGANIZATIONS THAT INCREASE THE NUMBER OF PATIENTS ENROLLED IN CANCER TRIALS; INCREASE THE NUMBER OF PATIENTS WHO GAINED ACCESS TO CANCER PREVENTATIVE TESTING; AND INCREASE THE NUMBER OF PATIENTS GIVEN ACCESS TO ALTERNATIVE MEDICINE FOR CANCER. IT BELIEVES ITS CAREFUL ALLOCATION OF FUNDS WILL BE A CATALYST IN THE PROCESS OF DEVELOPING BETTER TREATMENTS AND ULTIMATELY A CURE.


PROGRAMS THAT HELP PEOPLE WITH DISABILITIESTHE FOUNDATION BELIEVES THAT ALL PEOPLE SHOULD HAVE EQUAL OPPORTUNITY TO LIVE A HEALTHY AND FULL LIFE, REGARDLESS OF ABILITY. OVER THE YEARS THE FOUNDATION HAS SUPPORTED MANY ORGANIZATIONS THAT TRANSFORM THE LIVES OF MILLIONS OF PEOPLE WITH A RANGE OF SPECIAL NEEDS INCLUDING THE MUSCULAR DYSTROPHY ASSOCIATION, EASTER SEALS, SPECIAL OLYMPICS, AND A RANGE OF COMMUNITY-BASED EMPLOYMENT AND JOB COACHING ORGANIZATIONS FOCUSED ON SERVING PEOPLE WITH DISABILITIES. IT FUNDS ORGANIZATIONS THAT FOCUS ON PROVIDING ACCESS FOR CHILDREN TO ABILITY-SPECIFIC CAMPS; PROVIDING INDIVIDUALS WITH SPECIALTY SERVICES; PROVIDING INDIVIDUALS WITH EMPLOYMENT TRAINING AND HELPING THEM GAIN EMPLOYMENT; AND PROVIDING INDIVIDUAS WITH CARE AND TREATMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Andrew J Scoggin
Chairman & Pres
$0
Jonathan O Mayes
Director
$0
Rucha Nanavati
Director
$0
Susan Morris
Director
$0
Christy Duncan Anderson
Executive Direc
$0
Wendy Gutshall
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,153,392
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$35,990,081
Noncash contributions included in lines 1a–1f $1,153,392
Total Revenue from Contributions, Gifts, Grants & Similar$37,143,473
Total Program Service Revenue$0
Investment income $2,680,763
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $6,519,993
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $46,344,229

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Albertsons Companies Foundation has recieved totaling $6,087.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$6,087
View Grant Recipient Profile

Peer Organizations

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