ALBUQUERQUE — This month, the One Albuquerque Fund surpassed $1 million in funding raised to help support five crucial missions aligned with many of the City of Albuquerque’s priorities.
Existing as a 501(c)(3) nonprofit foundation, the Fund was established in 2020 with a mission to support workforce support and training, youth opportunity and programs, public service support and recruitment, Black community investment, and housing and homelessness.
“This is an important milestone for our organization,” said One Albuquerque Fund Executive Director Adrienne Koplik. “There are many programs and businesses that are still recovering from the impact of the pandemic and the Fund can continue to respond to the small business community and nonprofit organizations critical to our community.”
Since its inception, the Fund has dispersed $464K to local businesses and organizations for pandemic relief, youth programming and opportunities, workforce development, and public services.
In 2021, the Fund launched the Black Community Investment Fund with disbursements to 12 businesses and nonprofits. A steering committee composed of business and civic leaders fromAlbuquerque’s Black community led a process with the wider public to design a framework, criteria, and objectives to direct this funding most effectively to create a positive impact for the city’s Black community.
Support for the board comes directly from Albuquerque businesses and private donations as well as the annual Mayor’s Ball being held on August, 25, 2022.
To learn more about the Fund visit https://www.onealbuquerque.org/.