Foundation Of Caring Fund
- Assets
- $2.5m
- Revenue
- $183.1k
- Investments
- $536.2k
- Employees
- 0
- Location
- Wenatchee, WA
- Founding
- 01/1989
- Data as of
- 12/2023
- EIN
- 91-1461620
Organization Overview
Foundation Of Caring Fund is located in Wenatchee, WA. The organization was established in 1989. 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. Foundation Of Caring Fund 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 12/2023, Foundation Of Caring Fund generated $183.1k 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 (15.7%) each year. All expenses for the organization totaled $358.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (46.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Foundation Of Caring Fund has awarded 22 individual grants totaling $12,344,129. 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 |
|---|---|---|---|
Thomas Dye President/treasurer | 20 | $30,750 | |
Sharon Tompkins Secretary | 1 | $3,750 | |
Kathy Ball Director | 1 | $3,750 | |
Danny Campbell Director | 1 | $3,750 | |
Warren Davis Director | 1 | $3,750 | |
Tom Leonard Director | 1 | $3,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $85,450 |
| Interest on Savings | $0 |
| Dividends & Interest | $97,636 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $320 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $183,086 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $49,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,802 |
| Interest | $0 |
| Taxes | $31,100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,892 |
| Total operating and administrative expenses | $108,424 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $358,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,199 |
| Savings and temporary cash investments | $1,915,708 |
| 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 | $2,526,065 |
| Accounts payable and accrued expenses | $151 |
| Grants payable | $1,750,000 |
| 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 | $1,750,151 |
Grants Awarded
Over the last fiscal year, Foundation Of Caring Fund has awarded $10,476,830 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ALATHEIA THERAPEUTIC PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
RONALD MCDONALD HOUSE CHARITIES OF SAN DIEGO PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
CHILDREN'S HOSPITAL OF ORANGE COUNTY PURPOSE: GENERAL OPERATING SUPPORT | $750,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
CASCADE CHRISTIAN ACADEMY PURPOSE: GENERAL OPERATING SUPPORT | $276,830 |
RADY CHILDREN'S HOSPITAL FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $950,000 |