Gary E Milgard Family Foundation-Sunshine
- Assets
- $39.8m
- Revenue
- $1.6m
- Investments
- $39.6m
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 81-1315385
Organization Overview
Gary E Milgard Family Foundation-Sunshine is located in Tacoma, WA. The organization was established in 2016. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Gary E Milgard Family Foundation-Sunshine 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 12/2021, Gary E Milgard Family Foundation-Sunshine generated $1.6m 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 (20.4%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Gary E Milgard Family Foundation-Sunshine has awarded 319 individual grants totaling $6,595,687. 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 |
|---|---|---|---|
Tyler Zemanek Executive Director | 40 | $136,109 | |
Christine Zemanek President & Treasurer | 4.6 | $43,247 | |
Dana Howerton Secretary | 4.6 | $9,810 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $809,132 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $782,513 |
| Capital Gain Net Income | $920,830 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,591,645 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $189,166 |
| Other employee salaries and wages | $8,791 |
| Pension plans, employee benefits | $64,763 |
| Interest | $0 |
| Taxes | $16,376 |
| Depreciation | $0 |
| Occupancy | $2,752 |
| Travel, conferences, and meetings | $3,427 |
| Printing and publications | $52 |
| Other expenses | $15,837 |
| Total operating and administrative expenses | $409,955 |
| Contributions, gifts, grants paid | $1,250,395 |
| Total expenses and disbursements | $1,660,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,681 |
| Savings and temporary cash investments | $73,435 |
| 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 | $4,098,652 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $39,754,398 |
| Accounts payable and accrued expenses | $11,255 |
| 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 | $11,255 |
Grants Awarded
Over the last fiscal year, Gary E Milgard Family Foundation-Sunshine has awarded $1,250,395 in support to 58 organizations.
| Grant Recipient | Amount |
|---|---|
DONORSCHOOSE PURPOSE: 2021 PIERCE COUNTY, WA | $85,000 |
TACOMA PUBLIC SCHOOLS PURPOSE: TRUFANT SCHOLARSHIP FUND | $43,000 |
TACOMA YOUTH FOR CHRIST PURPOSE: PROGRAM EXPENSES/YOUNG LEADERS | $40,000 |
Tacoma, WA PURPOSE: MAINTENANCE PROJECT | $40,000 |
THE TRUST FOR PUBLIC LAND PURPOSE: GREEN SCHOOLYARDS TACOMA | $40,000 |
ST LEO FOOD CONNECTION PURPOSE: REFRIGERATED TRUCK | $37,095 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Gary E Milgard Family Foundation-Sunshine has recieved totaling $0.
| Awarding Organization | Amount |
|---|---|
Gary E Milgard Family Foundation - Mark Tacoma, WA PURPOSE: DISTRIBUTION OF PRINCIPAL | $2,127 |
Gary E Milgard Family Foundation - Mark Tacoma, WA PURPOSE: PORTION OF GRANTS PAID TREATED AS A DISTRIBUTION OF CORPUS UNDER TREAS. REG. 53.4942(A)-3. | -$2,127 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goosefoot Community Fund A Not For Profit Corporation Langley, WA | $15,049,797 | $1,759,976 |
Gary E Milgard Family Foundation-Sunshine Tacoma, WA | $39,754,398 | $1,591,645 |
Living Computer Museum Seattle, WA | $173,675 | $23 |
Oregon Washington Health Network Pendleton, OR | $1,858,367 | $1,332,897 |
Daves Killer Bread Foundation Milwaukie, OR | $69,125 | $259,670 |
Foundation So Rogue River, OR | $2,133,625 | $1,199,629 |
Angela J Bowen Conservancy Foundation Olympia, WA | $45,832,663 | $49,138,134 |
Young Family Foundation Brush Prairie, WA | $0 | $12,804 |
Friends Of Astoria Column Inc Astoria, OR | $2,767,399 | $634,329 |
Beeks Family Legacy Foundation Seattle, WA | $2,343,924 | $104,974 |
Peter R Marsh Foundation Camas, WA | $6,890,319 | $2,479,002 |
David And Minnie Meyerson Monroe, WA | $1,249,533 | -$4,101 |