Thetis Foundation

Organization Overview

Thetis Foundation is located in Sumas, WA. The organization was established in 1981. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Thetis Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE THETIS FOUNDATION IS TO BE OPERATED EXCLUSIVELY TO CARRY OUT THE PURPOSES OF NORTH AMERICA INDIAN MISSION, INC. (NAIM) A NON-PROFIT, RELIGIOUS AND EDUCATIONAL CORPORATION OF THE STATE OF WASHINGTON. THE THETIS FOUNDATION PRIMARILY SUPPLIES GRANT FUNDING FOR SPECIFIC ACTIVITIES AND PROJECTS OF NAIM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATING EXPENSES TO STEWARD NET ASSETS INVESTED FOR GRANT PURPOSES.


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Board, Officers & Key Employees

Name (title)Compensation
Kent Lottis
President
$0
Edward Clibbon
Vice-President
$0
David Crumbo
Treasurer
$0
Timothy Streck
Secretary
$0
David Cowan
Director
$0
Ronald Hiller
Director
$0

Financial Statements

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income -$311,179
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 -$311,179

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