Erickson Family Charitable Foundation
- Assets
- $0.0
- Revenue
- $586.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Gig Harbor, WA
- Founding
- 01/2008
- Data as of
- 12/2020
- EIN
- 33-1184117
Organization Overview
Erickson Family Charitable Foundation is located in Gig Harbor, WA. The organization was established in 2008. 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.
For the year ending 12/2020, Erickson Family Charitable Foundation generated $586.0k 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 (7.0%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Erickson Family Charitable Foundation has awarded 61 individual grants totaling $2,750,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David L Erickson CEO | 0 | $0 | |
Sandra C Erickson Cfo/secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $36 |
| Dividends & Interest | $15,039 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $570,894 |
| Capital Gain Net Income | $570,894 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $585,969 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,747 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $631 |
| Total operating and administrative expenses | $4,353 |
| Contributions, gifts, grants paid | $2,115,000 |
| Total expenses and disbursements | $2,119,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $0 |
| 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, Erickson Family Charitable Foundation has awarded $2,115,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ENTERPRISE INSTITUTE PURPOSE: PUBLIC POLICY REASEARCH/EDUCATION | $150,000 |
KAHN ACADEMY PURPOSE: STUDENT TRAINING PROGRAMS | $80,000 |
LA JOLLA AQUATIC COMPLEX FOUNDATION PURPOSE: ATHLETICS | $1,200,000 |
THE HERITAGE FOUNDATION PURPOSE: PUBLIC POLICY RESEARCH/ED | $110,000 |
LA JOLLA HIGH SCHOOL ALUMNI ASSOCIA PURPOSE: ALUMNI ASSOCIATION | $50,000 |
LA JOLLA HISTORICAL SOCIETY PURPOSE: EXHIBITS & EDUCATION PROGRAMS | $100,000 |