Banfield Foundation
- Assets
- $7.9m
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Vancouver, WA
- Founding
- 10/2018
- Data as of
- 12/2023
- EIN
- 47-4183567
Organization Overview
Banfield Foundation is located in Vancouver, WA. The organization was established in 2018. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. As of 12/2023, Banfield Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Banfield 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, Banfield Foundation generated $4.1m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $4.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Banfield Foundation has awarded 459 individual grants totaling $11,027,992. 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 IMPROVING THE WELL-BEING OF PETS AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISASTER RELIEF GRANTS: PROVIDING FINANCIAL SUPPORT TO NONPROFIT ANIMAL ORGANIZATIONS AND/OR LOCAL OR STATE GOVERNMENTS OF WHICH THEIR COMMUNITIES HAVE SUFFERED THE IMPACT OF NATURAL OR OTHER DISASTERS.CARE KNOWS NO BOUNDARIES GRANTS: ENABLING MARS VETERINARIANS AND CERTIFIED VETERINARY TECHNICIANS TO REMOVE THE BARRIERS THAT KEEP PETS FROM RECEIVING MUCH NEEDED CARE BY ASSISTING WITH TRAVEL EXPENSES TO ENABLE GLOBAL VOLUNTEER WORK. CONTINUED ON SCHEDULED O.PREVENTIVE CARE: TOGETHER WE PARTNER WITH NONPROFIT ORGANIZATIONS TO PROVIDE FREE OR LOW-COST COMPREHENSIVE PREVENTIVE CARE FOR THE PETS BELONGING TO UNDERSERVED AND UNDER-RESOURCED PET OWNERS INCLUDING LOW-INCOME, ELDERLY, HOMELESS OR OTHERWISE DISADVANTAGED.COMMUNITY CARE GRANTS: PROVIDING FINANCIAL SUPPORT TO NONPROFIT ORGANIZATIONS TO FUND VETERINARY CARE PROGRAMS FOR PET OWNERS WHO MEET ESTABLISHED FINANCIAL QUALIFICATIONS.WELLNESS PLANS: PROVIDING ANNUAL PREVENTIVE CARE PLANS FOR QUALIFYING PET OWNERS IN FINANCIAL NEED.HOPE FUNDS: PROVIDING FINANCIAL ASSISTANCE FOR INCOME-QUALIFIED PET OWNERS WHOSE PET IS SUFFERING FROM AN IMMEDIATELY LIFE-THREATENING CONDITION.VETERINARY MEDICAL EQUIPMENT GRANTS: PROVIDING FINANCIAL SUPPORT TO NONPROFIT ORGANIZATIONS TO PURCHASE VETERINARY MEDICAL EQUIPMENT FOR ON-SITE ANIMAL SHELTER VETERINARY CLINICS, LOW-COST VETERINARY PRACTICES, MOBILE VETERINARY UNITS, AND DISASTER RELIEF VEHICLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jam Stewart Board President & Chair | OfficerTrustee | 1 | $0 |
Brent Mayabb Board Secretary | OfficerTrustee | 1 | $0 |
Hannah Peters Board Treasurer | OfficerTrustee | 1 | $0 |
Julia Georgesen DVM Board Member | Trustee | 1 | $0 |
Alea Harrison DVM Board Member | Trustee | 1 | $0 |
Julie Lawless Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $436,601 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,204,121 |
| Noncash contributions included in lines 1a–1f | $172,174 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,640,722 |
| Total Program Service Revenue | $253,000 |
| Investment income | $152,062 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,101,056 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,031,292 |
| Grants and other assistance to domestic individuals. | $333,609 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $345,162 |
| Compensation of current officers, directors, key employees. | $94,410 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $387,000 |
| Pension plan accruals and contributions | $10,215 |
| Other employee benefits | $39,984 |
| Payroll taxes | $55,176 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,300 |
| Fees for services: Accounting | $14,482 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,273 |
| Advertising and promotion | $0 |
| Office expenses | $46,988 |
| Information technology | $81,915 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $35,973 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,706 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $448 |
| Insurance | $8,724 |
| All other expenses | $0 |
| Total functional expenses | $4,470,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $298,409 |
| Savings and temporary cash investments | $6,353,255 |
| Pledges and grants receivable | $1,095,818 |
| Accounts receivable, net | $51,244 |
| 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 | $52,061 |
| Net Land, buildings, and equipment | $794 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,851,581 |
| Accounts payable and accrued expenses | $182,454 |
| Grants payable | $555,823 |
| 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 | $0 |
| Total liabilities | $738,277 |
| Net assets without donor restrictions | $6,350,353 |
| Net assets with donor restrictions | $762,951 |
| 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 | $7,851,581 |
Grants Awarded
Over the last fiscal year, Banfield Foundation has awarded $2,841,384 in support to 111 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL ADVOCATES OF GREATER LAFAYETTE PURPOSE: COMMUNITY CARE GRANT | $5,158 |
ANIMAL PROTECTIVE ASSOCIATION (APA) OF MISSOURI PURPOSE: PREVENTIVE CARE GRANT | $6,300 |
ANIMAL SPAY AND NEUTER A NON-PROFIT CLINIC PURPOSE: VETERINARY EQUIPMENT GRANT | $6,500 |
ANIMAL BALANCE PURPOSE: VETERINARY EQUIPMENT GRANT | $8,500 |
ANIMAL WELFARE LEAGUE OF ARLINGTON PURPOSE: PREVENTIVE CARE GRANT | $10,000 |
ANIMAL PROTECTIVE FOUNDATION PURPOSE: COMMUNITY CARE GRANT | $10,000 |