Almi Foundation Inc
- Assets
- $4.1m
- Revenue
- $321.0k
- Investments
- $2.6m
- Employees
- 0
- Location
- Friday Harbor, WA
- Founding
- 07/1991
- Data as of
- 12/2023
- EIN
- 68-0203129
Organization Overview
Almi Foundation Inc is located in Friday Harbor, WA. The organization was established in 1991. 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. Almi 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 12/2023, Almi Foundation Inc generated $321.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $648.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Almi Foundation Inc has awarded 41 individual grants totaling $13,142,833. 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 |
|---|---|---|---|
Yolande L Jurzykowski President | 15 | $0 | |
Robyn Doecke Secretary | 14 | $8,450 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,789 |
| Dividends & Interest | $85,392 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $230,741 |
| Capital Gain Net Income | $230,741 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$900 |
| Total Revenue | $321,022 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,450 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,607 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,017 |
| Total operating and administrative expenses | $41,128 |
| Contributions, gifts, grants paid | $607,325 |
| Total expenses and disbursements | $648,453 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,407 |
| Savings and temporary cash investments | $1,211,501 |
| 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 | -$10,609 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $226,434 |
| Total assets | $4,068,779 |
| 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, Almi Foundation Inc has awarded $607,325 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHAGDUD LHUNDRUB LING PURPOSE: FUND CHARITABLE ACTIVITIES IN US, TIBET, NEPAL AND BRAZIL | $370,650 |
PADMA SHEDRUP LING PURPOSE: FUND CHARITABLE ACTIVITIES IN US, NEPAL, INDIA AND BHUTAN | $236,675 |