Roots And Wings Foundation Inc
- Assets
- $315.9m
- Revenue
- $249.9m
- Investments
- $174.4m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 32-0581904
Organization Overview
Roots And Wings Foundation Inc is located in Seattle, WA. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Roots And Wings Foundation Inc 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, Roots And Wings Foundation Inc generated $249.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 30.0% each year . All expenses for the organization totaled $30.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Roots And Wings Foundation Inc has awarded 302 individual grants totaling $42,899,350. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shana Dall'osto Executive Di | 32 | $139,500 | |
Nicole Smith Program Offi | 32 | $107,986 | |
Jamie Carroll Program Coor | 40 | $55,108 | |
Judith Faulkner President | 1 | $0 | |
Gordon Faulkner Secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
John F Suby & Associates Sc | 12/30/21 | $696,369 |
Provident Trust Company | 12/30/21 | $1,048,878 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $236,129,636 |
| Interest on Savings | $103,336 |
| Dividends & Interest | $2,846,158 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,782,953 |
| Capital Gain Net Income | $10,782,953 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26,612 |
| Total Revenue | $249,888,695 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $139,500 |
| Other employee salaries and wages | $170,145 |
| Pension plans, employee benefits | $28,154 |
| Interest | $0 |
| Taxes | $134,981 |
| Depreciation | $0 |
| Occupancy | $95,214 |
| Travel, conferences, and meetings | $273 |
| Printing and publications | $0 |
| Other expenses | $47,984 |
| Total operating and administrative expenses | $2,454,747 |
| Contributions, gifts, grants paid | $27,615,650 |
| Total expenses and disbursements | $30,070,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $141,515,551 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $16,131 |
| Total assets | $315,937,030 |
| Accounts payable and accrued expenses | $18,589 |
| 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 | $18,589 |
Grants Awarded
Over the last fiscal year, Roots And Wings Foundation Inc has awarded $27,615,650 in support to 186 organizations.
| Grant Recipient | Amount |
|---|---|
Cleveland, OH PURPOSE: STRONG KIDS, COMMUNITIES, AND MINDS | $3,000,000 |
DANE COUNTY PARENTS COUNCIL PURPOSE: GREAT BEGINNINGS, NECZ, AND OTHER | $1,272,000 |
Milwaukee, WI PURPOSE: STRONG KIDS, COMMUNITIES, AND MINDS | $1,000,000 |
Minneapolis, MN PURPOSE: STRONG KIDS, COMMUNITIES, AND MINDS | $615,000 |
UNIVERSITY OF WISCONSIN FOUNDATION PURPOSE: GREATEST NEEDS FND, ODYSSEY, & WAISM | $555,000 |
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL OPERATIONS | $500,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Roots And Wings Foundation Inc has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Babl Inc Deerfield, IL PURPOSE: SUPPORT OTHER ORGANIZATIONS WITH SAME CAUSE | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Amazonsmile Foundation Seattle, WA | $32,322,159 | $94,115,479 |
Gates Philanthropy Partners Seattle, WA | $58,428,866 | $30,155,547 |
Paul G Allen Family Foundation Seattle, WA | $0 | $45,218,114 |
Friday Foundation Medina, WA | $32,805,393 | $16,602 |
Rasmuson Foundation Anchorage, AK | $851,377,242 | $102,826,089 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
Intel Foundation Hillsboro, OR | $50,440,341 | $47,262 |
Roots And Wings Foundation Inc Seattle, WA | $315,937,030 | $249,888,695 |
Schultz Family Foundation Seattle, WA | $463,519,339 | $158,807,992 |
The Lemelson Foundation Portland, OR | $488,510,181 | $33,726,014 |
Norcliffe Foundation Seattle, WA | $18,121,640 | $25,144,033 |