Yoakum Foundation

Organization Overview

Yoakum Foundation is located in Normandy Park, WA. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yoakum 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 12/2023, Yoakum Foundation generated $15.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $36.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Yoakum Foundation has awarded 17 individual grants totaling $145,000. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Board, Officers & Key Employees

Name (title)Compensation
Randall Yoakum II
President
$0
Sandra Yoakum
Vice President
$0
Randall Yoakum III
Director
$0
Brian Yoakum
Director
$0
Erin Yoakum
Director
$0
Kevin Yoakum
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $1,000
Interest on Savings $55
Dividends & Interest $7,010
Net Rental Income$0
Net Gain on Sale of Assets $7,737
Capital Gain Net Income $7,737
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $15,802

Grants Awarded

Over the last fiscal year, Yoakum Foundation has awarded $35,000 in support to 4 organizations.

Grant RecipientAmount

RAINIER SCHOLARS

PURPOSE: EDUCATION

$15,000

PACIFIC LUTHERAN UNIVERSITY

PURPOSE: EDUCATION

$2,500

QUILTS OF VALOR FOUNDATION

PURPOSE: PROGRAM COSTS

$2,500

PEDIATRIC INTERIM CARE CTR

PURPOSE: EDUCATION

$15,000
View Grant Profile

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