Robert Vasen Foundation
- Assets
- $1.0m
- Revenue
- $113.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 06/2007
- Data as of
- 12/2021
- EIN
- 20-8656415
Organization Overview
Robert Vasen Foundation is located in Bellevue, WA. The organization was established in 2007. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert Vasen 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, Robert Vasen Foundation generated $113.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $19.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Robert Vasen Foundation has awarded 15 individual grants totaling $310,814. 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
YOUTH DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
"BE GREAT GRADUATE" PROGRAM TO HELP AT-RISK YOUTH TO GRADUATE FROM HIGH SCHOOL. PARTNERSHIP WITH BELLEVUE BOYS & GIRLS CLUB.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Vasen President | OfficerTrustee | 5 | $0 |
Evelyn Vasen Secretary | OfficerTrustee | 5 | $0 |
David Cahill Director | Trustee | 1 | $0 |
Mac Martin Director | Trustee | 1 | $0 |
Tony Rona Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $113,134 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,134 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $113,134 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,500 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,659 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $158 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $19,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,024,397 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,024,397 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,024,397 |
| Net assets with donor restrictions | $0 |
| 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 | $1,024,397 |
Grants Awarded
Over the last fiscal year, Robert Vasen Foundation has awarded $51,248 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Bellevue, WA PURPOSE: YOUTH DEVELOPMENT | $40,000 |
Bellevue, WA PURPOSE: YOUTH DEVELOPMENT | $11,248 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Robert Vasen Foundation has recieved totaling $20,355.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: YOUTH DEVELOPMENT | $10,000 |
W Razore Family Foundation Bellevue, WA PURPOSE: TO HELP FUND GENERAL OPERATIONS | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $355 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wonderland Child & Family Services Shoreline, WA | $6,124,177 | $6,155,801 |
Morning Star Boys Ranch Spokane, WA | $6,548,402 | $6,036,768 |
First Five Fundamentals Tacoma, WA | $1,690,113 | $3,740,368 |
Community Passageways Seattle, WA | $1,034,765 | $3,897,852 |
Portland Youthbuilders Portland, OR | $3,499,913 | $3,714,693 |
Northwest Outward Bound School Portland, OR | $2,032,579 | $3,666,331 |
Source Of Spokane Spokane, WA | $267,409 | $2,764,273 |
Fosterclub Seaside, OR | $1,920,560 | $2,612,923 |
Bridgeway House Eugene, OR | $1,064,505 | $2,522,417 |
Childrens Advocacy Centers Of Washington Olympia, WA | $448,942 | $2,207,420 |
Maslow Project Medford, OR | $3,191,780 | $2,980,158 |
Lane Leadership Foundation Eugene, OR | $719,785 | $1,893,065 |