Skagit Community Foundation
- Assets
- $12.9m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 3
- Location
- Mount Vernon, WA
- Founding
- 03/1995
- Data as of
- 12/2023
- EIN
- 91-1572414
Organization Overview
Skagit Community Foundation is located in Mount Vernon, WA. The organization was established in 1995. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Skagit Community Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skagit Community 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 12/2023, Skagit Community Foundation generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $2.4m during the year ending 12/2023. While expenses have increased by 18.8% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Skagit Community Foundation has awarded 355 individual grants totaling $6,645,746. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FISCAL YEAR 2023, THE SKAGIT COMMUNITY FOUNDATION (SCF) GRANTED MORE THAN $2,115,000 FROM ITS COMMUNITY AND DONOR-ESTABLISHED FUNDS TO NONPROFITS IN SKAGIT COUNTY, SCHOLARSHIPS TO COLLEGES & UNIVERSITIES FOR SKAGIT COUNTY STUDENTS, AND MORE. THESE GRANTS SUPPORT A WIDE RANGE OF COMMUNITY NEEDS, INCLUDING: BASIC HUMAN NEEDS & SOCIAL SERVICES, YOUTH DEVELOPMENT & EDUCATIONAL PROGRAMS, THE ARTS, ANIMAL WELFARE, AND THE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maddy Mackenzie Executive Director | Officer | 45 | $106,617 |
Dan Fisher Chairman | OfficerTrustee | 2.5 | $0 |
Josh Baldwin Vice Chairman | OfficerTrustee | 2 | $0 |
Shellie Eubanks-Highet Treasurer | OfficerTrustee | 2 | $0 |
Timothy Lehr Secretary | OfficerTrustee | 2 | $0 |
Paula Dey Board Member | Trustee | 1 | $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 | $5,376,637 |
| Noncash contributions included in lines 1a–1f | $488,353 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,376,637 |
| Total Program Service Revenue | $5,996 |
| Investment income | $272,915 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$48,218 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,607,402 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,115,949 |
| 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. | $110,117 |
| Compensation of current officers, directors, key employees. | $26,428 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $63,159 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,462 |
| Payroll taxes | $15,611 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,044 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $56,073 |
| Fees for services: Other | $0 |
| Advertising and promotion | $980 |
| Office expenses | $18,049 |
| Information technology | $13,401 |
| Royalties | $0 |
| Occupancy | $15,449 |
| Travel | $391 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,858 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86 |
| Insurance | $2,038 |
| All other expenses | $3,168 |
| Total functional expenses | $2,447,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $358,627 |
| Savings and temporary cash investments | $181,569 |
| Pledges and grants receivable | $1,100,000 |
| 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 | $1,307 |
| Net Land, buildings, and equipment | $3,059 |
| Investments—publicly traded securities | $11,248,357 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,143 |
| Total assets | $12,910,062 |
| Accounts payable and accrued expenses | $4,555 |
| Grants payable | $2,450 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $465,217 |
| 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 | $17,143 |
| Total liabilities | $489,365 |
| Net assets without donor restrictions | $11,320,697 |
| Net assets with donor restrictions | $1,100,000 |
| 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 | $12,910,062 |
Grants Awarded
Over the last fiscal year, Skagit Community Foundation has awarded $1,950,337 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
ANACORTES FAMILY CENTER PURPOSE: GENERAL OPERATIONS | $15,000 |
ANACORTES SCHOOLS FOUNDATION PURPOSE: GENERAL OPERATIONS | $15,000 |
BOYS & GIRLS CLUBS OF SKAGIT COUNTY PURPOSE: GENERAL OPERATIONS | $12,319 |
BRIGID COLLINS FAMILY SUPPORT CENTER PURPOSE: RESPONSE TO CRIMES AGAINST CHILDREN | $20,000 |
CAMP FIRE SAMISH CAMP KIRBY PURPOSE: GENERAL OPERATIONS | $6,000 |
CAMP KOREY PURPOSE: FAMILY CAMP PROGRAMS FOR CHILDREN WITH LIFE-ALTERING MEDICAL CONDITIONS | $15,000 |