The Chehalis Foundation
- Assets
- $10.8m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Chehalis, WA
- Founding
- 06/2003
- Data as of
- 12/2023
- EIN
- 51-1148560
Organization Overview
The Chehalis Foundation is located in Chehalis, WA. The organization was established in 2003. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chehalis 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, Chehalis Foundation generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Chehalis Foundation has awarded 16 individual grants totaling $4,251,702. 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 PROMOTE THE INTERESTS OF THE CHEHALIS COMMUNITY THROUGH SUPPORT FOR EDUCATION, PUBLIC WORKS, AND CULTURAL AND CHARITABLE PURSUITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXCELLENCE IN EDUCATION - FUNDING PROGRAMS TO IMPROVE STUDENT ACHIEVEMENT
FUNDING CHEHALIS SCHOOL DISTRICT SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) PROGRAMS
FUNDING COLLEGE SCHOLARSHIPS FOR LOCAL HIGH SCHOOL STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Collins Executive Dir. | Trustee | 40 | $130,819 |
Kent Hojem Director | Trustee | 1 | $0 |
Joanne Schwartz Director | Trustee | 1 | $0 |
Tim Sayler Past President | OfficerTrustee | 2 | $0 |
Bill Hillier Director | Trustee | 1 | $0 |
Jonathan Hubbert Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,725 |
| Related organizations | $395,792 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,284,263 |
| Noncash contributions included in lines 1a–1f | $360,609 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,687,780 |
| Total Program Service Revenue | $0 |
| Investment income | $133,607 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $438,457 |
| Net Income from Fundraising Events | $86,697 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,346,541 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $130,819 |
| Compensation of current officers, directors, key employees. | $65,410 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,063 |
| Payroll taxes | $15,769 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $53,514 |
| Fees for services: Other | $4,208 |
| Advertising and promotion | $6,336 |
| Office expenses | $390 |
| Information technology | $212 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,900 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,182 |
| All other expenses | $33,209 |
| Total functional expenses | $1,328,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,477,826 |
| Savings and temporary cash investments | $643,878 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $7,721,523 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,843,227 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $9,372 |
| Total liabilities | $9,372 |
| Net assets without donor restrictions | $185,687 |
| Net assets with donor restrictions | $10,648,168 |
| 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 | $10,843,227 |
Grants Awarded
Over the last fiscal year, The Chehalis Foundation has awarded $681,286 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHEHALIS SCHOOL DISTRICT PURPOSE: EDUCATIONAL EXCELLENCE | $328,000 |
CHEHALIS SCHOOL DISTRICT PURPOSE: STEM EDUCATION | $130,848 |
CHEHALIS SCHOOL DISTRICT PURPOSE: CTE PROGRAMS, SCHOOL SUPPLIES | $39,321 |
CENTRALIA COLLEGE PURPOSE: EDUCATIONAL EXCELLENCE | $149,905 |
CITY OF CHEHALIS PURPOSE: CITY PROJECTS/PARKS | $33,212 |