Sequoia Foundation
- Assets
- $0.0
- Revenue
- $2.1m
- Investments
- $11.8m
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 02/1983
- Data as of
- 06/2021
- EIN
- 91-1178052
Organization Overview
Sequoia Foundation is located in Tacoma, WA. The organization was established in 1983. 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. Sequoia 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 06/2021, Sequoia Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $2.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Sequoia Foundation has awarded 250 individual grants totaling $6,175,920. 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 |
|---|---|---|---|
William T Weyerhaeuser President, Treasurer | 1 | $0 | |
Gail T Weyerhaeuser Director | 1 | $0 | |
John Keolker Secretary | 1 | $0 | |
Brian F Boyd Executive Director | 20 | $0 | |
W Drew Weyerhaeuser Vice President | 1 | $0 | |
Benjamin D Weyerhaeuser Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grantmaker Consultants Inc | 6/29/24 | $329,962 |
Fiduciary Counselling Inc | 6/29/24 | $75,223 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,275,000 |
| Interest on Savings | $508 |
| Dividends & Interest | $98,398 |
| Profit on Inventory Sales | $0 |
| Other Income | $83,604 |
| Total Revenue | $2,102,135 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $505,556 |
| Contributions, gifts, grants paid | $1,644,920 |
| Total expenses and disbursements | $2,150,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,133,984 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sequoia Foundation has awarded $1,553,000 in support to 74 organizations.
| Grant Recipient | Amount |
|---|---|
AIDS HOUSING ASSOCIATION OF TACOMA PURPOSE: CY 2024 GENERAL OPERATING SUPPORT | $10,000 |
AKIN PURPOSE: 7/2023-6/2024 KEY PENINSULA FAMILY SUPPORT AND SERVICES | $5,000 |
AMARA PURPOSE: CY 2024 PIERCE COUNTY FOSTER CARE PROGRAMS | $10,000 |
AMERICAN LEADERSHIP FORUM TACOMAPIERCE COUNTY PURPOSE: FYE 6/2024 GENERAL OPERATING SUPPORT | $20,000 |
AMERICA'S AUTOMOTIVE TRUST PURPOSE: CY 2024 GENERAL OPERATING SUPPORT | $150,000 |
ARTSFUND PURPOSE: CY 2023 GENERAL OPERATING SUPPORT - PIERCE COUNTY | $10,000 |