Seattle International Foundation is located in Seattle, WA. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Seattle International Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seattle International 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 12/2022, Seattle International Foundation generated $5.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $4.9m during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 8 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 2015, Seattle International Foundation has awarded 35 individual grants totaling $4,176,051. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEATTLE INTL. FOUNDATION IS ORGANIZED & OPERATED AS A SUPPORTING ORG TO SEATTLE FOUNDATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE 2008, SIF HAS GRANTED MORE THAN $37 MILLION TO 270 ORGANIZATIONS IN 84 COUNTRIES, INCLUDING $16 MILLION IN GRANTS TO CENTRAL AMERICA. SIF HOSTS THE CENTRAL AMERICA DONORS FORUM, THE PREMIER NETWORKING AND LEARNING SPACE TO ADVANCE PHILANTHROPY AND DEVELOPMENT EFFORTS IN CENTRAL AMERICA. THE EVENT BRINGS TOGETHER LEADERS FROM BUSINESS, PHILANTHROPY, GOVERNMENT, AND CIVIL SOCIETY TO DISCUSS PRIORITY ISSUES AND SUCCESSFUL MODELS OF DEVELOPMENT, AND EXPLORE CO-INVESTMENT FOR SOCIAL IMPACT. SIF ALSO HOSTS THE CENTRAL AMERICA & MEXICO YOUTH FUND WHICH SUPPORTS LEADERS IN CENTRAL AMERICA IN DESIGNING AND IMPLEMENTING PROJECTS TO IMPROVES THE LIVES OF LOCAL YOUTH AND THEIR COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tony Mestres President | OfficerTrustee | 2 | $0 |
Michele Frix Dassel Vice President/secretary | OfficerTrustee | 2 | $0 |
Serena Cosgrove Treasurer | OfficerTrustee | 2 | $0 |
Adriana Beltran Sif Executive Director | Officer | 40 | $0 |
Julie Sponsler Director Of Finance & Ops | 40 | $0 | |
Eric Olson Dir. Of Policy & Strategic Init. | 40 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $100,000 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $5,191,843 |
Noncash contributions included in lines 1a–1f | $10,684 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,291,843 |
Total Program Service Revenue | $166,105 |
Investment income | $49,597 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $103 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,507,703 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $2,411,870 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $189,706 |
Compensation of current officers, directors, key employees. | $56,912 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,299,820 |
Pension plan accruals and contributions | $34,198 |
Other employee benefits | $86,737 |
Payroll taxes | $67,184 |
Fees for services: Management | $0 |
Fees for services: Legal | $445 |
Fees for services: Accounting | $5,565 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $440 |
Fees for services: Other | $221,191 |
Advertising and promotion | $16,704 |
Office expenses | $21,692 |
Information technology | $30,117 |
Royalties | $0 |
Occupancy | $17,079 |
Travel | $114,760 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $234,172 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $18,705 |
All other expenses | $0 |
Total functional expenses | $4,911,603 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $129,383 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $1,050,000 |
Accounts receivable, net | $2,819 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $34,164 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $2,906,998 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,123,364 |
Accounts payable and accrued expenses | $92,773 |
Grants payable | $30,468 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
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 | $0 |
Total liabilities | $123,241 |
Net assets without donor restrictions | $2,523,704 |
Net assets with donor restrictions | $1,476,419 |
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 | $4,123,364 |
Over the last fiscal year, Seattle International Foundation has awarded $30,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
BANCO DE ALIMENTOS DE PUERTO RICO PURPOSE: GRANT FUNDS WILL SUPPORT THE PROJECT HAPPY BACKPACK. THIS PROJECT AIMS TO PROVIDE FOOD AND FOOD EDUCATION TO OVER 1100 CHILDREN IN NEED, DURING THE 52 WEEKENDS OF THE YEAR WHEN SCHOOL CANTEENS ARE CLOSED, INCLUDING WEEKENDS AND VACATIONS. | $15,000 |
CORPORACION LA FONDITA DE JESUS PURPOSE: GRANT FUNDS WILL SUPPORT THE PROJECT LA FONDITA DE JESUS IN THE COMMUNITY, TO PROVIDE COMMUNITY EDUCATION AND SERVICES ON DISASTER PREPAREDNESS AND PREVENTION TO VULNERABLE COMMUNITIES. | $15,000 |