Twinstar Community Foundation
- Assets
- $382.9k
- Revenue
- $357.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Olympia, WA
- Founding
- 03/2015
- Data as of
- 12/2023
- EIN
- 37-1768613
Organization Overview
Twinstar Community Foundation is located in Olympia, WA. The organization was established in 2015. According to its NTEE Classification (T30) the organization is classified as: Public 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. Twinstar Community 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, Twinstar Community Foundation generated $357.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $168.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Twinstar Community Foundation has awarded 82 individual grants totaling $279,000. 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 |
|---|---|---|---|
Laurie Kresl Chair | 1 | $0 | |
Jeffrey Kennedy Director | 0.3 | $0 | |
Kim Steepy Director | 0.3 | $0 | |
Janey Hanson Director | 0.3 | $0 | |
Tina Davis Director | 0.3 | $0 | |
Devin Boyd Director | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $354,144 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,332 |
| Total Revenue | $357,476 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,208 |
| Total operating and administrative expenses | $11,035 |
| Contributions, gifts, grants paid | $157,641 |
| Total expenses and disbursements | $168,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356,770 |
| Savings and temporary cash investments | $26,095 |
| 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 | $382,865 |
| 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, Twinstar Community Foundation has awarded $157,641 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
YELM COMMUNITY SCHOOLS PURPOSE: CLASSROOM CASH GRANT | $2,480 |
ALL KIDS WIN PURPOSE: HOLIDAY FOOD GIFT CARDS | $10,000 |
BETHEL SCHOOL DISTRICT PURPOSE: CLASSROOM CASH FOR TEACHERS | $496 |
CASTLE ROCK SCHOOL DISTRICT PURPOSE: CLASSROOM CASH GRANT | $248 |
CEDAR RIVER MONTESSORI SCHOOL PURPOSE: CLASSROOM CASH GRANT | $248 |
CENTRALIA CHRISTIAN SCHOOL PURPOSE: CLASSROOM CASH GRANT | $248 |