Yakima Valley Community Foundation
- Assets
- $80.9m
- Revenue
- $19.7m
- Investments
- $9.3m
- Employees
- 14
- Location
- Yakima, WA
- Founding
- 12/2004
- Data as of
- 12/2021
- EIN
- 20-0697012
Organization Overview
Yakima Valley Community Foundation is located in Yakima, WA. The organization was established in 2004. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Yakima Valley Community Foundation employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yakima Valley Community Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Yakima Valley Community Foundation generated $19.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.1% each year . All expenses for the organization totaled $7.0m during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Yakima Valley Community Foundation has awarded 904 individual grants totaling $28,925,086. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CONNECT PEOPLE, RESOURCES AND IDEAS SO PEOPLE AND COMMUNITIES THRIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A COMMUNITY LEADER IN EDUCATION, CIVIC VITALITY, AND HEALTH SUPPORTING EQUITABLE ACCESS TO OPPORTUNITY WITH SPECIAL ATTENTION TO THOSE WHO ARE FREQUENTLY LEFT OUT AND LEFT BEHIND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Miracle President/ceo | Officer | 50 | $191,420 |
Lisa Fresco Vice President | 55 | $101,450 | |
Lindsay Boswell Director Of Grants | 40 | $100,203 | |
Cynthia Juarez Board Vice Chair | OfficerTrustee | 2 | $0 |
Kristin Kershaw-Snapp Board Chair | OfficerTrustee | 4 | $0 |
Josh Beck Board Secretary/treasurer | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $108,741 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,658,626 |
| Noncash contributions included in lines 1a–1f | $101,150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,767,367 |
| Total Program Service Revenue | $610,242 |
| Investment income | $1,326,428 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,997,292 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,701,329 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,601,062 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $207,189 |
| Compensation of current officers, directors, key employees. | $107,945 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $589,407 |
| Pension plan accruals and contributions | $26,175 |
| Other employee benefits | $74,439 |
| Payroll taxes | $58,716 |
| Fees for services: Management | $162,865 |
| Fees for services: Legal | $993 |
| Fees for services: Accounting | $46,315 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $184,429 |
| Fees for services: Other | $580,882 |
| Advertising and promotion | $56,410 |
| Office expenses | $142,205 |
| Information technology | $80,296 |
| Royalties | $0 |
| Occupancy | $97,612 |
| Travel | $11,794 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,414 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,952 |
| Insurance | $23,802 |
| All other expenses | $4,083 |
| Total functional expenses | $7,016,474 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,805,591 |
| Savings and temporary cash investments | $6,209,471 |
| Pledges and grants receivable | $20,000 |
| Accounts receivable, net | $84,732 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,924,383 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $33,244 |
| Net Land, buildings, and equipment | $6,846 |
| Investments—publicly traded securities | $61,429,751 |
| Investments—other securities | $9,290,291 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $111,514 |
| Total assets | $80,915,823 |
| Accounts payable and accrued expenses | $5,188 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,504,444 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,390,583 |
| Total liabilities | $6,900,215 |
| Net assets without donor restrictions | $72,674,129 |
| Net assets with donor restrictions | $1,341,479 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $80,915,823 |
Grants Awarded
Over the last fiscal year, Yakima Valley Community Foundation has awarded $4,424,409 in support to 65 organizations.
| Grant Recipient | Amount |
|---|---|
Yakima, WA PURPOSE: 2021 MMD SCHOLARSHIP AND YRT PAYMENTS; MMD GOLF TOURNAMENT SPONSORSHIP; GENERAL SUPPORT | $941,865 |
LATINX LLC PURPOSE: GRANT AGREEMENT PROJECT FUNDED BY SEATTLE FOUNDATION; COVID-19 GENERAL SUPPORT | $324,000 |
Union Gap, WA PURPOSE: COVID-19 GRANT TO SUPPORT FOOD INSECURITY; FUNDING RESTRICTED TO THE TIM MCGREE ENDOWED SCHOLARSHIP FUND; GENERAL SUPPORT | $259,500 |
Yakima, WA PURPOSE: FBO COTTAGE IN THE MEADOW EXPANSION; 2021 STRATEGIC GRANT AWARD FBO CHILDREN'S VILLAGE; GENERAL SUPPORT-TO BE USED FOR COTTAGE IN THE MEADOW; GENERAL SUPPORT-TO BE USED FOR NORTHSTAR LODGE CANCER TREATMENT FACILITY IN YAKIMA, WA; GENERAL SUPPORT-TO BE USED FOR CHILDREN'S VILLAGE; COVID-19 CHILDREN'S VILLAGE; FAMILY BIRTHPLACE; CHAMP; ANNUAL RECURRING GRANT FOR CHAMPS CAMPAIGN | $240,400 |
Yakima, WA PURPOSE: CAPITAL CAMPAIGN; HOPE MOVES FORWARD CAMPAIGN; PROGRAM SUPPORT; APPLE OF OUR EYE SPONSORSHIP LUNCH; 2021 STRATEGIC GRANT AWARD; GENERAL SUPPORT; GENERAL SUPPORT- FOR THE CAPITAL CAMPAIGN; ADDITIONAL AIR FILTRATION SUPPLIES TO PROTECT AGAINST COVID-19 VARIANT PARTICULANTS; GENERAL SUPPORT FOR THE CAPITAL CAMPAIGN | $209,462 |
Seattle, WA PURPOSE: A BETTER UNDERSTANDING HOW PARKINSON'S DISEASE AFFECTS THE BRAIN; FOR ADVANCING KIDNEY/COVID-19 IMMUNOLOGY RESEARCH; FOR CARDIOVASCULAR GENETICS AND HEART DISEASE; FOR MAXIMIZING THE BENEFITS OF BREAST CANCER RESEARCH | $200,000 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Yakima Valley Community Foundation has recieved totaling $1,890,721.
| Awarding Organization | Amount |
|---|---|
The Seattle Foundation Seattle, WA PURPOSE: YAKIMA EQUITY PROJECT; YV RESILIENCE/RESPONSE FUND; RESILIENCE AND RESPONSE FUND; RESILIENCE AND RESPONSE FUND AS PART OF ALL IN WA; YAKIMA VALLEY RESILIENCE AND RESPONSE FUND; TO PROVIDE GENERAL SUPPORT AS PROMPTED BY COVID-19; YAKIMA VALLEY RESILIENCE AND RESPONSE FUND AS PART OF ALL IN WA; TO PROVIDE GENERAL OPERATING SUPPORT; FOR UNDOCUMENTED PEOPLE IN CENTRAL WA AFFECTED BY COVID-19; TO PROVIDE GENERAL SUPPORT; TO PROVIDE SUPPORT FOR ALL IN WA; $12K ESSENTIAL WORKERS SUPPORT/$133K MATTAWA PROGRAM/$2K YVCF; LICENSED FAMILY CHILD CARE HOMES IN YAKIMA AND KITTITAS COUNTIES | $732,794 |
Greater Columbia Accountable Community Of Health Kennewick, WA PURPOSE: COMMUNITY HEALTHCARE SUPPORT | $621,619 |
Group Health Foumdaiton Seattle, WA PURPOSE: CORE SUPPORT FOR ASIAN PACIFIC ISLANDER COALITION YAKIMA VALLEY CHAPTER | $230,000 |
Stolte Family Foundation Seattle, WA PURPOSE: FUNDING FOR GENERAL CHARITABLE OPERATIONS | $75,000 |
The Seattle Foundation Seattle, WA PURPOSE: CENTER FOR LATINO LEADERSHIP'S VACCINATION EFFORTS | $60,000 |
Schools Out Washington Seattle, WA PURPOSE: Washington Youth Development Nonprofit Relief Fund | $46,000 |
Endowment Analysis
| Beg. Balance | $32,849,246 |
| Earnings | $2,319,459 |
| Net Contributions | $6,382 |
| Grants | $1,019,115 |
| Ending Balance | $34,155,972 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Innovia Foundation Spokane, WA | $167,789,472 | $30,081,757 |
Greater Tacoma Community Foundation Tacoma, WA | $166,592,589 | $24,675,694 |
Idaho Community Foundation Inc Boise, ID | $229,667,754 | $28,111,141 |
Community Foundation Of North Central Washington Wenatchee, WA | $129,475,587 | $18,614,873 |
Whatcom Community Foundation Bellingham, WA | $61,418,992 | $32,311,600 |
Blue Mountain Community Foundation Walla Walla, WA | $59,624,094 | $14,162,735 |
Oregon Jewish Community Foundation Portland, OR | $113,748,806 | $13,935,130 |
Yakima Valley Community Foundation Yakima, WA | $80,915,823 | $19,701,329 |
Juneau Community Foundation Juneau, AK | $82,810,614 | $6,137,568 |
Portland Community College Foundation Inc Portland, OR | $27,749,544 | $7,912,133 |
Catholic Community Services Foundation Salem, OR | $35,947,789 | $5,259,361 |
Salem Foundation Pioneer Trust Company Trustee Salem, OR | $34,628,460 | $4,735,987 |