Albemarle Care Fund

Revenue, expenses, and employee compensationIRS Form 990 totals for revenue, expenses, and employee compensation (salaries, other compensation, and employee benefits).

No compensated employees were reported for this year (employee data available for 2020, 2019, 2018).

Mission Statement

THE MISSION OF ALBEMARLE CARE FUND IS TO PROVIDE FINANCIAL ASSISTANCE TO EMPLOYEES, RETIREES, AND FAMILY MEMBERS OF ALBEMARLE FOUNDATION, ALBEMARLE CORPORATION AND ITS AFFILIATES WHO SUFFER CATASTROPHIC LOSSES AS A RESULT OF DISTRESS INCLUDING, BUT NOT LIMITED TO, HURRICANE, TROPICAL STORM, TORNADO, FIRE, EARTHQUAKE, FLOOD OR MUDSLIDE OR WHO HAVE ENCOUNTERED FINANCIAL HARDSHIP FOR OTHER REASONS BEYOND THEIR CONTROL SUCH AS SERIOUS ILLNESS. THE FUND ALSO MAY MAKE DISTRIBUTIONS TO EMPLOYEES AND RETIREES AND THEIR FAMILY MEMBERS WHO ARE EXPERIENCING FINANCIAL HARDSHIP AS A RESULT OF DECLARED FEDERAL EMERGENCIES.