Inatai Foundation
- Assets
- $2.2b
- Revenue
- -$2.4m
- Investments
- $2.2b
- Employees
- 62
- Location
- Seattle, WA
- Founding
- 05/2016
- Data as of
- 12/2023
- EIN
- 30-0889914
Organization Overview
Inatai Foundation is located in Seattle, WA. The organization was established in 2016. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. As of 12/2023, Inatai Foundation employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inatai Foundation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
Since 2018, Inatai Foundation has awarded 1,050 individual grants totaling $187,881,315. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM THE BALANCE OF POWER TO ENSURE EQUITY & RACIAL JUSTICE ACROSS WASHINGTON & BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INATAI FOUNDATION IS ACCOUNTABLE TO LEADERS AND ORGANIZATIONS WITH BOLD VISIONS WHO ARE BUILDING POWER IN RACIALLY DIVERSE COMMUNITIES ACROSS WASHINGTON STATE. OUR VISION BEGINS WITH THEM: THEIR IDEAS, SOLUTIONS, AND DREAMS FOR TRANSFORMATIONAL CHANGE. THE CHARITABLE ACTIVITIES WE CARRIED OUT IN 2023 INCLUDE:- FUNDING AND RESOURCING COMMUNITY-LED ORGANIZATIONS. - USING INSTITUTIONAL INFLUENCE AND RESOURCES TO CHANGE POLICIES, STRUCTURES, AND NORMS ACROSS GOVERNMENT AND CIVIL SOCIETY. - INVESTING IN POWER-BUILDING INFRASTRUCTURE THAT COMMUNITY ORGANIZATIONS NEED. - PROVIDING ACTIONABLE INFORMATION IN SERVICE TO COMMUNITY-LED ORGANIZATIONS AND PARTNERS. (SEE SCHEDULE O)DURING 2023, INATAI FOUNDATION PROVIDED MORE THAN 600 GRANTS AND CONTRIBUTIONS AND HOSTED SEVERAL IN-PERSON GATHERINGS THAT WERE ATTENDED BY GRANTEES, COMMUNITY LEADERS, AND OTHER ORGANIZATIONS WITH ALIGNED VALUES. WE ISSUED GRANTS TO LEADERS AND ORGANIZATIONS THAT ARE UNAPOLOGETICALLY DEFENDING THEIR COMMUNITIES, WORKING TO DISMANTLE THE POWER STRUCTURES THAT EXCLUDE THEM, AND REBUILD BETTER ONES IN THEIR PLACE. INATAI FOUNDATION PROVIDED GRANTS THESE ORGANIZATIONS FROM THE FOLLOWING GRANTMAKING FUNDS: - EVENT SPONSORSHIPS - COMMUNITY POWER - SYSTEMS CHANGE - CAMPAIGNS, LITIGATION, ISSUES, AND POLICY - FUND FOR SOVEREIGN NATIONS - TRANSFORMATIVE CAPACITY BUILDING - EMERGING OPPORTUNITIES - BEYOND WASHINGTON - RESPONSE AND RECOVERY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth Kirby Chair | OfficerTrustee | 2.1 | $40,250 |
Dr Benjamin Danielson Director | Trustee | 3.8 | $36,750 |
Luz Vega-Marquis Director | Trustee | 2.5 | $35,000 |
Peter Van Oppen Director | Trustee | 2.7 | $35,000 |
Janmarie Ward Treasurer (from 3/23) | OfficerTrustee | 1.4 | $35,000 |
Dr David Fleming Director | Trustee | 1.8 | $35,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Unimark Construction Llc Construction Services | 12/30/23 | $4,378,648 |
Dh Communication Services | 12/30/23 | $667,834 |
Wearerally Llc Communication Services | 12/30/23 | $331,010 |
K&l Gates Llp Investment Legal Services | 12/30/23 | $278,527 |
Citco Fund Services (Usa) Inc Investment Fund Administration | 12/30/23 | $684,977 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $5,259,524 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,192,706 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$2,385,235 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $64,100,430 |
| 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. | $2,662,813 |
| Compensation of current officers, directors, key employees. | $2,300,920 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,982,660 |
| Pension plan accruals and contributions | $724,513 |
| Other employee benefits | $958,320 |
| Payroll taxes | $629,709 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $739,630 |
| Fees for services: Accounting | $261,900 |
| Fees for services: Lobbying | $531,579 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,205,543 |
| Fees for services: Other | $2,817,704 |
| Advertising and promotion | $10,199 |
| Office expenses | $143,883 |
| Information technology | $793,265 |
| Royalties | $0 |
| Occupancy | $462,810 |
| Travel | $822,495 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,211,583 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $229,469 |
| Insurance | $109,023 |
| All other expenses | $0 |
| Total functional expenses | $86,500,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,021,997 |
| Savings and temporary cash investments | $23,597,950 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $276,293 |
| 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 | $374,951 |
| Net Land, buildings, and equipment | $5,635,864 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,173,308,202 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,157,520 |
| Total assets | $2,212,372,777 |
| Accounts payable and accrued expenses | $2,880,785 |
| Grants payable | $50,967,463 |
| 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 | $9,941,798 |
| Total liabilities | $63,790,046 |
| Net assets without donor restrictions | $2,148,582,731 |
| 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 | $2,212,372,777 |
Grants Awarded
Over the last fiscal year, Inatai Foundation has awarded $63,848,198 in support to 288 organizations.
| Grant Recipient | Amount |
|---|---|
A LEGACY OF EQUALITY LEADERSHIP & ORGANIZING PURPOSE: GENERAL OPERATING SUPPORT | $12,500 |
AFRICAN COMMUNITY HOUSING AND DEVELOPMENT PURPOSE: GENERAL OPERATING SUPPORT | $230,000 |
ABORIGINAL OUTFITTERS PURPOSE: GENERAL OPERATING SUPPORT | $306,000 |
ACCION POLITICA PCUNISTA PURPOSE: GENERAL OPERATING SUPPORT | $75,000 |
350 SEATTLE PURPOSE: CORE SUPPORT FOR FISCALLY SPONSORED PROJECT | $125,000 |
AGING IN PACE PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inatai Foundation Seattle, WA | $2,212,372,777 | -$2,385,235 |
Empire Health Foundation Spokane, WA | $80,560,868 | $3,263,159 |
Washington State Council Of County & City Emps Health & Welfare Trust Mercer Island, WA | $899,003 | $1,806,868 |
Northwest Washington Indian Health Board Bellingham, WA | $1,288,106 | $896,730 |
Ori Community And Evaluation Services Springfield, OR | $224,067 | $586,096 |
Kwiaht Center For The Historial Ecology Of The Salish Sea Lopez Island, WA | $48,821 | $0 |
To Live Seattle, WA | $2,863,869 | $916,689 |
Center For The Study Of Cannabis And Social Policy Seattle, WA | $30,754 | $0 |
Western Pain Society Cottage Grove, OR | $0 | $0 |
Health Freedom Foundation Inc Meridian, ID | $14,383 | $0 |
Evolve Medicine Ashland, OR | $15,021 | $0 |
Health Rosetta Institute Bellingham, WA | $41,542 | $0 |