Lily Pointe Family Foundation
- Assets
- $2.9m
- Revenue
- $620.9k
- Investments
- $2.7m
- Employees
- 0
- Location
- Snoqualmie, WA
- Founding
- 08/2011
- Data as of
- 12/2021
- EIN
- 27-1540216
Organization Overview
Lily Pointe Family Foundation is located in Snoqualmie, WA. The organization was established in 2011. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Lily Pointe Family 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, Lily Pointe Family Foundation generated $620.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $608.9k during the year ending 12/2021. While expenses have increased by 15.0% 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 2015, Lily Pointe Family Foundation has awarded 90 individual grants totaling $2,932,570. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SELECTION OF ORGANIZATIONS TO RECEIVE CONTRIBUTIONS IN FURTHERANCE OF THE FOUNDATION'S MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Deininger Secretary | 0 | $0 | |
Laura Weaks President | 0 | $0 | |
Henry Weaks VP / Treasur | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $81,109 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $539,749 |
| Capital Gain Net Income | $539,749 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $620,864 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,277 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $23,675 |
| Contributions, gifts, grants paid | $585,263 |
| Total expenses and disbursements | $608,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,695 |
| Savings and temporary cash investments | $67,490 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,075 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,860,497 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lily Pointe Family Foundation has awarded $585,263 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ENCOMPASS PURPOSE: GARDEN MEMORIAL FOR CAROL-ANN O'MACK | $150,263 |
ENCOMPASS PURPOSE: TO SUPPORT PROGRAMS, EDUCATION AND I | $100,000 |
ALZHEIMERS ASSOCIATION PURPOSE: LOCAL SEATTLE CHAPTER SUPPORT | $50,000 |
SWEDISH HOSPITAL PURPOSE: CHILRENS MENTAL HEALTH FELLOWSHIP | $50,000 |
Seattle, WA PURPOSE: TCR IMMUNOTHERAPY FOR GLIOBLASTOMA | $50,000 |
Redmond, WA PURPOSE: SUPPORT FAMILIES IN REDMOND & SNO-VA | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meyer Memorial Trust Portland, OR | $1,007,586,458 | $95,771,293 |
Ford Family Foundation Roseburg, OR | $1,245,594,204 | $103,438,214 |
Thrive Causemetics Foundation Bellevue, WA | $5,555,942 | $8,797,196 |
Micron Technology Foundation Inc Boise, ID | $125,043,825 | $15,658,941 |
Mount Baker Foundation Bellingham, WA | $42,225,548 | $9,346,004 |
Craig And Susan Mccaw Foundation Kirkland, WA | $12,162,493 | $989,970 |
Mona Foundation Bellevue, WA | $4,431,589 | $2,318,161 |
Allen Institute For Artificial Intelligence Seattle, WA | $34,288 | $1,296,035 |
Sunbridge Foundation Seattle, WA | $16,943,375 | $1,420,322 |
Evertrust Foundation Everett, WA | $7,898,804 | $1,055,005 |
Washington Federal Foundation Seattle, WA | $444,132 | $1,000,247 |
Arthur M James Family Foundation Seaside, OR | $0 | $233,564 |