188 Foundation is located in Newcastle, WA. According to its NTEE Classification (P19) the organization is classified as: Support N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 188 Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE 188 FOUNDATION IS A DIRECT PHILANTHROPY ALLIANCE FORMED BY OUR GENEROUS DONORS, CONCENTRICS ELITE NETWORK AN INNATE CAPABILITY, AND OUR CAREFULLY CURATED PARTNERS. THE FOUNDATION SITS WITHIN A UNIQUE TRIFURCATION OF CAPABILITY, ACCESS, AND NEED. DUE TO OUR UNIQUE POSITION, WE BELIEVE ITS OUR MORAL RESPONSIBILITY AND HONOR TO ASSIST THOSE WHO NEED IT MOST. RESCUING JUST ONE PERSON CREATES PERPETUAL RIPPLES, AFFECTING MANY. WE INHERENTLY KNOW THAT EFFORT WILL ALWAYS BE WORTH IT. WHEN OUR DONORS COMMIT TO SUPPORTING 188, THEIR DONATION IS DIRECTLY TIED TO A MISSION. WITHIN DAYS, WE CAN PROVIDE FACES OF THOSE RESCUED BY OUR DONORS FUNDS. WE USE LESS THAN 1% OF OUR DONATIONS ON OVERHEAD. WHEN DONATIONS EXCEED RESCUE OPERATIONS, WE IDENTIFY PIVOTAL PARTNERS AND ENABLE THEIR OPERATIONS THROUGH FINANCIAL SUPPORT. WE UNDERSTAND OUR CAPABILITY IS A VERY SPECIFIC AND UNIQUE PART OF HUMANITARIAN RELIEF AND ARE CAREFUL TO CONSIDER, SUPPORT, AND RESPECT WHAT COMES BEFORE AND AFTER OUR EFFORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHEN RUSSIA INVADED UKRAINE IN FEBRUARY OF 2022, OUR FIRST RESCUE OPERATION WAS WITHIN DAYS OF THE INITIAL INVASION AND, TO DATE (OPERATIONS ARE CONTINUING), WE HAVE CONDUCTED 37 UNIQUE RESCUE OPERATIONS FROM THROUGHOUT UKRAINE TO NEIGHBORING COUNTRIES RESULTING IN THE EVACUATION OF 66 PEOPLE, 5 DOGS, 2 CATS AND VARIOUS LOGISTICAL DELIVERIES SUCH AS MEDICINAL SUPPLIES, SAT PHONES, PALLETS OF FOOD, AND SOLAR PANELS. IN ADDITION, WE HAVE SUPPORTED 6 UKRAINIAN ORGANIZATIONS SUCH AS A WOMENS SHELTER IN LVIV, A FOOD BANK IN KYIV, AN EDUCATION PROGRAM FOR DISPLACED CHILDREN IN PRAGUE, AND A SUPPORT CENTER TO ASSIST UNEMPLOYED CITIZENS DUE TO DISPLACEMENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Hoffner Trustee | Trustee | 10 | $0 |
Jeff Baker Trustee | Trustee | 5 | $0 |
Roderick Jones Trustee | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $508,280 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $508,280 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $508,280 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,531 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
All other expenses | $0 |
Total functional expenses | $453,042 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100,238 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $100,238 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $100,238 |
Net assets with donor restrictions | $0 |
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 | $100,238 |