Whatcom Community Foundation
- Assets
- $76.1m
- Revenue
- $10.7m
- Investments
- $0.0
- Employees
- 11
- Location
- Bellingham, WA
- Founding
- 10/1996
- Data as of
- 06/2024
- EIN
- 91-1726410
Organization Overview
Whatcom Community Foundation is located in Bellingham, WA. The organization was established in 1996. 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 06/2024, Whatcom Community Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Whatcom 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 06/2024, Whatcom Community Foundation generated $10.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $8.6m during the year ending 06/2024. While expenses have increased by 10.2% 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 2015, Whatcom Community Foundation has awarded 873 individual grants totaling $46,282,783. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
CULTIVATE NEIGHBORLINESS. LIFT COMMUNITY VOICES. INVEST IN EQUITY AND HOPE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTMAKING - ONE WAY THE WHATCOM COMMUNITY FOUNDATION PUTS DOLLARS TO WORK IS BY MAKING GRANTS AND SCHOLARSHIPS. OUR THREE PRIMARY GRANTMAKING PROGRAMS ARE:(1) COMPETITIVE & RELIEF GRANTS: WE HOLD MULTIPLE FUNDS FOR WHATCOM COUNTY FROM WHICH WE AWARD GRANTS ON A COMPETITIVE BASIS. SOME OF THE GRANTS HAVE A SPECIFIC FOCUS AREA. OTHERS ARE MORE BROADLY DESIGNED TO MEET OUR COMMUNITY'S CHANGING NEEDS. WE INVITE CREATIVITY AND IMAGINATION IN THE PREPARATION OF GRANT REQUESTS THAT HELP CREATE A COMMUNITY WHERE EVERYONE THRIVES. GRANTS ARE ALSO ISSUED TO SUPPORT FLOOD RELIEF EFFORTS AND DISASTER PREPAREDNESS.(2) DONOR RECOMMENDED GRANTS: WE STEWARD A VARIETY OF DONOR ADVISED FUNDS. GRANTS ARE AWARDED FROM THESE FUNDS BASED UPON RECOMMENDATIONS FROM THE DONORS OR THEIR DESIGNATED REPRESENTATITVES. GRANTS CAN BE MADE TO LOCAL, NATIONAL AND INTERNATIONAL NONPROFIT ENTITIES. ALL GRANTS ALIGN WITH COMMUNITY FOUNDATION VISION, MISSION AND VALUES.(3) SCHOLARSHIP PROGRAM: THE FOUNDATION AWARDS SCHOLARSHIPS TO GRADUATES OF LOCAL HIGH SCHOOLS TO ATTEND POST-SECONDARY EDUCATION, HELPING REMOVE THE BARRIERS THAT STAND BETWEEN YOUNG PEOPLE AND THE EDUCATION THEY NEED TO BE SUCCESSFUL, AND DEMONSTRATING TO STUDENTS THAT THEIR COMMUNITY IS INVESTED IN THEIR POTENTIAL, THEIR FUTURE, AND THEIR SUCCESS.
VARIOUS PROJECTS AND PROGRAMS, INCLUDING: AN EQUITY/ANTI-RACISM INITIATIVE, THE YOUTH PHILANTHROPY PROJECT, AND STRENGTHENING NON-PROFITS WORK.
THE MILLWORKS IS A MIXED-USE, BROWNFIELD REDEVELOPMENT PROJECT IN A FEDERALLY QUALIFIED OPPORTUNITY ZONE THAT WILL INCLUDE 109 RESIDENTIAL HOUSING UNITS FOCUSED ON WORKFORCE HOUSING, A NONPROFIT OFFICE HUB, AND A FOOD CAMPUS SUPPORTING LOCAL ARGICULTURE AND FOOD BASED BUSINESSES.
EMERGENCY FOOD ASSISTANCE PROGRAM - THE FOUNDATION BECAME A WASHINGTON STATE DEPARTMENT OF AGRICULTURE (WSDA) CONTRACTOR IN 2018, COORDINATING PAYMENTS TO LOCAL VENDORS FOR FOOD PURCHASES MADE BY LOCAL FOOD BANKS AND FOOD PANTRIES, OR REIMBURSING FOOD BANKS FOR THEIR DIRECT PURCHASES. THE WSDA CONTRACT WAS RENEWED FOR TWO YEARS IN JUNE 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Flo Simon Chair | OfficerTrustee | 1.5 | $0 |
Karen Occhiogrosso Vice-Chair | OfficerTrustee | 1.5 | $0 |
Tasha Dewey Treasurer/secretary | OfficerTrustee | 1.5 | $0 |
Carol Dellecker Director | Trustee | 1 | $0 |
Francisco Rios Director | Trustee | 1 | $0 |
Lucas Gutierrez Senger Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $75,750 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,049,632 |
| Noncash contributions included in lines 1a–1f | $4,280,961 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,125,382 |
| Total Program Service Revenue | $827,680 |
| Investment income | $1,780,305 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$61,315 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,672,052 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,337,739 |
| Grants and other assistance to domestic individuals. | $272,565 |
| Grants and other assistance to Foreign Orgs/Individuals | $81,100 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $237,641 |
| Compensation of current officers, directors, key employees. | $95,057 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $939,050 |
| Pension plan accruals and contributions | $77,187 |
| Other employee benefits | $71,465 |
| Payroll taxes | $98,623 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,290 |
| Fees for services: Accounting | $54,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,034,100 |
| Advertising and promotion | $19,154 |
| Office expenses | $68,748 |
| Information technology | $75,212 |
| Royalties | $0 |
| Occupancy | $29,239 |
| Travel | $28,816 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,572 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,012 |
| Insurance | $9,103 |
| All other expenses | $0 |
| Total functional expenses | $8,604,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $458,430 |
| Savings and temporary cash investments | $12,028,801 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $398,250 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,110,888 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $19,304 |
| Investments—publicly traded securities | $59,410,858 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,672,994 |
| Total assets | $76,099,525 |
| Accounts payable and accrued expenses | $443,908 |
| Grants payable | $573,347 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,457,189 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $157,365 |
| Other liabilities | $5,306 |
| Total liabilities | $5,637,115 |
| Net assets without donor restrictions | $57,340,023 |
| Net assets with donor restrictions | $13,122,387 |
| 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 | $76,099,525 |
Grants Awarded
Over the last fiscal year, Whatcom Community Foundation has awarded $4,918,567 in support to 121 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION PURPOSE: DIVERSITY, EQUITY & INCLUSION | $5,410 |
AGAPE FOOD BANK & SERVICES PURPOSE: FOOD, AGRICULTURE & NUTRITION | $11,264 |
ALLIED ARTS OF WHATCOM COUNTY PURPOSE: ARTS & CULTURE | $23,218 |
ALTERNATIVES TO HUNGER DBA BELLINGHAM FOOD BANK PURPOSE: FOOD, AGRICULTURE & NUTRITION | $117,514 |
ALZHEIMER SOCIETY OF WASHINGTON (DBA DEMENTIA SUPPORT NORTHWEST) PURPOSE: MENTAL HEALTH & CRISIS INTERVENTION | $5,300 |
BAAY - BELLINGHAM ARTS ACADEMY FOR YOUTH PURPOSE: ARTS & CULTURE | $7,500 |