Transparency
Our governing documents are open to the public.
Cultivar Foundation makes its core records available for public inspection. Request any document below and we will provide it.
Public documents
Records available for inspection.
Governance
How we govern.
Cultivar Foundation operates as a separate legal entity from Cultivar Communities, with its own board and its own finances. The Foundation is building its board toward an independent majority and follows a written conflict-of-interest policy for any decision involving a related party. We will publish our board here once that structure is seated.
Funds
How the money flows.
Program gifts are payable to the Albuquerque Community Foundation, our fiscal sponsor, which grants them to Cultivar Foundation for delivery.
Seed contributions go directly into each child's own account as a qualified general contribution. They do not pass through the Foundation, are not taxable to the family, and do not count against the family's annual limit.
The Foundation never holds, moves, or touches a family's money, and never collects Social Security numbers.
Tax status
Our tax status.
Cultivar Foundation is a Texas nonprofit corporation. Our application for 501(c)(3) status is pending with the IRS. Until the determination letter arrives, we cannot state that donations are tax-deductible. We will update this page as soon as our status is confirmed.