Blakemore Foundation
- Assets
- $7.0m
- Revenue
- $805.9k
- Investments
- $6.9m
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 11/1996
- Data as of
- 12/2021
- EIN
- 91-1505735
Organization Overview
Blakemore Foundation is located in Bellevue, WA. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blakemore 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 12/2021, Blakemore Foundation generated $805.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $969.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Blakemore Foundation has awarded 94 individual grants totaling $2,518,417. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ATTACHED SCHEDULE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Atkins Board Member | 2 | $0 | |
Heekyoung Cho Board Member | 2 | $0 | |
Mimi Gardner Gates Board Chair & Board Member | 2 | $0 | |
Robert A Kapp Board Member | 2 | $0 | |
Eugene H Lee Trustee & Board Member | 10 | $0 | |
Kenneth B Pyle Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $301,000 |
| Interest on Savings | $25 |
| Dividends & Interest | $160,045 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $324,528 |
| Capital Gain Net Income | $324,528 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,297 |
| Total Revenue | $805,895 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,507 |
| Depreciation | $0 |
| Occupancy | $17,509 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $199,719 |
| Total operating and administrative expenses | $220,735 |
| Contributions, gifts, grants paid | $748,668 |
| Total expenses and disbursements | $969,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,085 |
| Savings and temporary cash investments | $0 |
| 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 | $7,042,231 |
| 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 |
Grants Awarded
Over the last fiscal year, Blakemore Foundation has awarded $1,168,349 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
NICHOLAS LEUNG PURPOSE: LANGUAGE STUDY WITH INTER-UNIVERSITY CENTER FOR JAPANESE LANGUAGE STUDIES, YOKOHAMA, JAPAN | $52,258 |
BENJAMIN LEE PURPOSE: LANGUAGE STUDY WITH INTER-UNIVERSITY CENTER FOR JAPANESE LANGUAGE STUDIES, YOKOHAMA, JAPAN | $52,258 |
MATTHEW SILBERMAN PURPOSE: DEPOSITS AND FEE FOR LANGUAGE STUDY WITH INTERNATIONAL CHINESE LANGUAGE PROGRAM AT NATIONAL TAIWAN UNIVERSITY, TAIPEI, TAIWAN | $50,216 |
SEATTLE ART MUSEUM PURPOSE: MUSEUM INTERNSHIP FOR UNIVERSITY OF WASHINGTON STUDENT DURING 2022/2023 ACADEMIC YEAR | $50,000 |
SEATTLE ART MUSEUM PURPOSE: MUSEUM INTERNSHIP FOR UNIVERSITY OF WASHINGTON STUDENT DURING 2021/2022 ACADEMIC YEAR | $49,581 |
POLLY WOODBURY PURPOSE: LANGUAGE STUDY WITH TUTORS AND ROYAL UNIVERSITY OF PHNOM PENH, CAMBODIA | $46,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
J R Simplot Company Foundation Inc Boise, ID | $71,703,701 | $5,686,010 |
College Spark Washington Seattle, WA | $104,693,147 | $3,230,019 |
Idaho Association For The Education Of Young Children Boise, ID | $1,636,700 | $5,141,669 |
Pwh Educational Foundation Inc Spokane, WA | $62,473,304 | $11,260,767 |
Arctic Education Foundation Anchorage, AK | $36,876,877 | $4,892,952 |
College Dreams Inc Grants Pass, OR | $2,542,440 | $3,694,638 |
Calista Education And Culture Inc Anchorage, AK | $4,627,713 | $2,487,452 |
Kmr Group Foundation Vancouver, WA | $32,236,591 | $1,808,486 |
Aleut Foundation Anchorage, AK | $925,739 | $1,724,058 |
R Merle Palmer Minority Scholarship Foundation Tacoma, WA | $1,801,300 | $1,443,994 |
Greater Seattle Business Assoc Scholarship Fund Seattle, WA | $4,889,386 | $1,584,416 |
One Ummah Foundation In Memory Of Mustafa Saeed Rahman Lake Oswego, OR | $1,906,238 | $1,873,006 |