Magnusson Klemencic Associates Foundation is located in Seattle, WA. The organization was established in 2016. 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. Magnusson Klemencic Associates 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 03/2024, Magnusson Klemencic Associates Foundation generated $118.3k 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 (17.0%) each year. All expenses for the organization totaled $146.2k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Magnusson Klemencic Associates Foundation has awarded 21 individual grants totaling $647,797. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SUPPLEMENTAL INFO PART XIV - LINE 3A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ronald Klemencic President | 1 | $0 | |
Bill Christopher Treasurer | 1 | $0 | |
Robert Baxter Director | 1 | $0 | |
Abby Van Harpen Director | 1 | $0 | |
Beatriz Arostegui Director | 1 | $0 | |
Russell Larson Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $90,500 |
Interest on Savings | $27,775 |
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 | $0 |
Total Revenue | $118,275 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $39 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $3,698 |
Total operating and administrative expenses | $3,737 |
Contributions, gifts, grants paid | $142,457 |
Total expenses and disbursements | $146,194 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $95,291 |
Savings and temporary cash investments | $627,338 |
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 | $722,629 |
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 |
Over the last fiscal year, Magnusson Klemencic Associates Foundation has awarded $142,457 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
CHARLES PANKOW FOUNDATION PURPOSE: RGA 01-21 ORDINARY STRUCTURAL WALLS SUBJECTED TO WIND AND SEISMIC LOADING PROTOCOLS: THIS RESEARCH INVOLVED LARGE SCALE TESTING ON ORDINARY REINFORCED CONCRETE WALLS WITH C-SHARPED AND RECTANGULAR CROSS-SECTIONS TO DEVELOP PERFORMANCE-BASED WIND DESIGN RECOMMENDATIONS FOR ACE COMMITTEES 375 AND 318. | $25,000 |
CHARLES PANKOW FOUNDATION PURPOSE: RGA -5-22 PERFORMANCE BASED STRUCTURAL FIRE DESIGN FOR AUTHORITIES HAVING JURISDICTION OFFICIALS: THIS PROJECT WILL DEVELOP EDUCATIONAL TRAINING MATERIALS TO INTRODUCE AJH TO THE TOPIC OF PERFORMANCE-BASED STRUCTURAL FIE DESIGN PBSFD. THESE MATERIALS WILL ASSIST AHJ TO GAIN AN UNDERSTANDING OF THE GOALS OBJECTIVES FIRE SCENARIOS THERMAL AND STRUCTURAL ANALYSES FOR PBSFD. AFTER COMPLETING THE TRAINING AHJ WILL BE ABLE TO REVIEW PBSDF DESIGNS ALONG WITH THEIR ASSUMPTIONS LIMITATIONS CAN CAVEATS. THEY WILL BE ABLE TO EFFECTIVELY MANAGE RELATIONSHIPS BETWEEN THE ENGINEERING TEAM AND THE PEER REVIEW PANEL AND MAKE FINAL DECISIONS BASED ON BUILDINGS CODES FOR STEEL CONCRETE MASONRY AND WOOD STRUCTURES. THE EDUCATIONS MATERIALS WILL INCLUDE SLIDES RECORDED PRESENTATIONS GUIDELINE DOCUMENTS RECORDINGS OF LIVE WORKSHOPS SEMINARS AND DISCUSSIONS BY EXPERT PANELS IN THE FIELD OF STRUCTURAL FIRE ENGINEERING FIRE PROTECTION ENGINEERING AND PERFORMANCE-BASED DESIGN. | $25,000 |
UNIVERSITY OF MICHIGAN PURPOSE: A-101.3 THIS RESEARCH PROJECT LOOKS TO ADVANCE METHODS FOR THE EFFICIENT ESTIMATION OF THE RELIABILITY OF POST-ELASTIC HIGH-RISE WIND-EXCITED STRUCTURES WITHIN A PERFORMANCE-BASED DESIGN PBD FOR HIGH-RISE BUILDINGS. PROFESSOR SEYMOUR SPENCE IS THE PRINCIPAL INVESTIGATOR AND IS QUOTED AS FOLLOWS: CURRENT HIGH-RISE STRUCTURAL WIND DESIGN IS HAMPERED BY DIFFICULTIES IN EFFICIENTLY MODELING THE POST-ELASTIC NON-LINEAR STRUCTURAL BEHAVIOR OF THE SYSTEM THEREFORE LEADING TO CHALLENGES IN ESTIMATING THE RELIABILITY OF THESE SYSTEMS AGAINST SEVERE WINDSTORMS. THIS RESEARCH SEEKS TO DEFINE A NEW PARADIGM FOR SOLVING THIS PROBLEM THROUGH THE DEVELOPMENT OF PROBABILISTIC DYNAMIC SHAKEDOWN FRAMEWORKS FOR THE INELASTIC ANALYSIS OF WIND-EXCITED STRUCTURES. THESE METHODS HAVE THE POTENTIAL TO PROVIDE TOOLS THAT ENABLE THE RAPID EVALUATION AS COMPARED TO TIME-HISTORY INTEGRATION OF THE POST-ELASTIC RELIABILITY OF A WIDE CLASS OF HIGH-RISE STRUCTURES." | $29,957 |
CHARLES PANKOW FOUNDATION PURPOSE: RGA #04-23 STEEL MASS TIMBER HYBRID DIAPHRAGMS AND VIBRATION: AIMS TO INVESTIGATE THE DIAPHRAGM AND VIBRATION BEHAVIOR OF STEEL-CROSS LAMINATED TIMBER CLT FLOORS. THIS RESEARCH WILL CATALYZE INNOVATION WITHIN THE BUILDING CONSTRUCTION FIELD BY ENABLING EFFICIENT AND EFFECTIVE DESIGNS OF STEEL-CLT FLOORS. STEEL-CLT BUILDINGS ARE CURRENTLY BEING CONSTRUCTED THROUGHOUT THE US. HOWEVER THE EXISTING DESIGN GUIDES FOR DIAPHRAGM AND VIBRATION DESIGN HAVE NOT BEEN DEVELOPED THROUGH EXPERIMENTAL DATA. THEREFORE THE DESIGN OF STEEL-CLT BUILDINGS MAY BE OVERLY CONSERVATIVE. | $50,000 |
CHARLES PANKOW FOUNDATION PURPOSE: FOUNDATION MATS WITH HIGH STRENGTH STEEL REINFORCEMENT #01-19: THE RESEARCH AIMS TO 1 OBTAIN ADDITIONAL DATA FOR A DEEP MEMBER WITH HIGH-STRENGTH LONGITUDINAL REINFORCEMENT AND WITHOUT SHEAR REINFORCEMENT THEREBY PROVIDING ADDITIONAL DATA FOR VERY DEEP MEMBERS THAT CAN INFORM THE ACI 318 ONE-WAY SHEAR EQUATIONS FOR VERY DEEP MEMBERS WITH LOW FLEXURAL REINFORCEMENT RATIO. 2 OBTAIN DATA FOR A SOIL-SUPPORTED DEEP MEMBER TO ADDRESS THE QUESTION OF WHETHER THERE ARE FUNDAMENTAL DIFFERENCES BETWEEN THE BEHAVIOR OF SOIL-SUPPORTED DEEP BEAMS AND SIMPLY SUPPORTED DEEP BEAMS. | $12,500 |