# Albuquerque Community Foundation

Albuquerque Community Foundation is an Endowment / Foundation based in Albuquerque, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Albuquerque, United States
- **Region:** North America
- **Address:** Albuquerque, NM, United States
- **Founded:** 1981
- **Assets under management:** $155M (Altss estimate)
- **Website:** albuquerquefoundation.org
- **LinkedIn:** https://www.linkedin.com/company/abqfoundation

## Regulatory record

- **Reports private funds:** No

## About

The Albuquerque Community Foundation was established in 1981 to serve as a permanent charitable endowment for the greater Albuquerque area. Randy Royster led the institution for 20 years, overseeing an asset base that grew from $34 million to more than $185 million through fund management and local donor relationships. Marisa Magallanez assumed the presidency at the start of 2026. The foundation allocates capital across a broad blend of asset classes, including private equity, venture capital, private credit, hedge funds, and real estate. It participates across the investment lifecycle, from seed and early-stage venture through growth equity and distressed debt, as well as secondaries and special situations. The portfolio includes a fund-of-funds approach alongside direct co-investments. The foundation's known direct holdings reflect this local-global duality: the Champion Building at 624 Tijeras Ave NW, a commercial asset donated by Paul and Patty Marianetti in 2010, sits alongside exposure to the Titan Development Real Estate Fund and an impact investment portfolio. The foundation's scale is reflected in an estimated $155 million in assets (Altss estimate). It operates from its headquarters in Albuquerque, New Mexico. In January 2026, Marisa Magallanez was formally appointed President & CEO, succeeding Randy Royster, who transitioned to a Special Advisor role. The foundation also cultivates a network of affiliated giving circles—Future Fund for young professionals, the Social Giving Club, and the PRIDE Circle for the LGBTQIA+ community—which function as donor pipelines and community engagement vehicles rather than investment entities. The foundation is structurally distinct for an endowment of its size because of its hybrid model: it manages charitable funds and grantmaking while directly holding commercial real estate and maintaining diverse capital market exposures that blur the line between a conventional community foundation and a small institutional asset manager. This architecture ties its philanthropic capacity directly to the performance of its property holdings and manager relationships.

## Sectors

- Hedge Funds
- Private Credit
- Private Equity
- Real Estate
- Philanthropic / Mission-Related Investing

## People

- Marisa Magallanez — President & CEO
- Randy Royster — Former CEO / Special Advisor
- Nick Williams — CFO & Administrative Officer

## Questions

### Who runs investment decisions at the Albuquerque Community Foundation?

The foundation's investment oversight falls under the leadership of President & CEO Marisa Magallanez, who assumed the position on January 1, 2026. She succeeded Randy Royster, who managed the portfolio for two decades and remains as a Special Advisor. The management structure is supported by CFO & Administrative Officer Nick Williams, a former KPMG audit manager.

### How does the foundation structure its investment portfolio?

The Albuquerque Community Foundation operates a multi-manager strategy that spans private equity, venture capital, private credit, hedge funds, and direct real estate. Its approach combines fund-of-funds commitments with direct co-investments and covers stages from seed to distressed debt and secondaries. The foundation also holds local commercial property directly, including the Champion Building in downtown Albuquerque.

### Does the foundation hold any direct real estate assets?

Yes, the foundation directly owns the Champion Building at 624 Tijeras Ave NW in Albuquerque, a commercial property donated by Paul and Patty Marianetti in 2010. It also has exposure to real estate through the Titan Development Real Estate Fund and maintains a separate impact investment portfolio, giving it a material direct real-asset footprint beyond liquid market holdings.

## Related profiles

- [Negros Women For Tomorrow Foundation](https://altss.com/profile/negros-women-for-tomorrow-foundation)
- [City of Royal Oak Employee Retirement System](https://altss.com/profile/city-of-royal-oak-employee-retirement-system)

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Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/albuquerque-community-foundation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology