The New Mexico State Capitol

Form 990-PFTax year 2025EIN 72-1567897

Basalt Foundation Inc

A private foundation in Santa Fe, NM. Its return for tax year 2025 lists 4 grants and $11,500 paid in grants.

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $11,500

    Grants listed
    4
    Assets, end of year
    $301,233
  • Tax year 2024

    $4,200

    Grants listed
    3
    Assets, end of year
    $300,771
  • Tax year 2023

    $1,400

    Grants listed
    1
    Assets, end of year
    $290,834
  • Tax year 2022

    $16,250

    Grants listed
    8
    Assets, end of year
    $254,945
  • Tax year 2021

    $14,000

    Grants listed
    6
    Assets, end of year
    $347,321
  • Tax year 2020

    $10,000

    Grants listed
    4
    Assets, end of year
    $257,582
  • Tax year 2019

    $15,500

    Grants listed
    7
    Assets, end of year
    $258,752
  • Tax year 2018

    $13,250

    Grants listed
    6
    Assets, end of year
    $222,631

Grants paid in 2025

4 grants, largest first

As listed on the return.

  1. Food & Water WatchWashington, DC

    Advocating to end hunger and to provide clean water

    $4,000
  2. New Energy Economy in New MexicoSanta Fe, NM

    Advocating to climate change

    $4,000
  3. Environmental Defense FundsNew York, NY

    Advocating to science, economics, climate justice

    $3,000
  4. Doctors Without BordersNew York, NY

    Advocating to end disease outbreaks, natural and human disasters

    $500

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Food and agriculture1 grant $4,00089% of the total
  2. International aid1 grant $50011% of the total

By State

Grants to organizations with a US address, latest year.

  1. District of Columbia1 grant $4,000
  2. New Mexico1 grant $4,000
  3. New York2 grants $3,500

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Jan DugganPRESIDENT Hours 1Pay $0
  • Peter Reed DugganDIRECTOR Hours 1Pay $0
  • Matthew B DugganDIRECTOR Hours 1Pay $0

The return

More foundations

Similar foundations

Same main cause (food and agriculture), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Kiser Charitable TrustAlbuquerque, NM 10 grants Accepts applications $15,958 giving
  2. Etincelle FoundationAlbuquerque, NM 4 grants Preselected only $30,000 giving
  3. Richard Goatcher Rochelle Reid Memorial FoundationAlbuquerque, NM 2 grants Accepts applications $4,000 giving
  4. J Kenneth & Alice Smith Family FoundationRoswell, NM 25 grants Accepts applications $42,500 giving
  5. Byrd-Hildreth FamilyEnterprise, AL 5 grants Preselected only $11,500 giving