Washington Womens Foundation
- Assets
- $7.4m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 8
- Location
- Seattle, WA
- Founding
- 04/1997
- Data as of
- 12/2021
- EIN
- 91-1754933
Organization Overview
Washington Womens Foundation is located in Seattle, WA. The organization was established in 1997. 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. As of 12/2021, Washington Womens Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Womens 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, Washington Womens Foundation generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Washington Womens Foundation has awarded 74 individual grants totaling $4,007,620. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WASHINGTON WOMEN'S FOUNDATION IS A COLLECTIVE OF STRONG, INFORMED AND PURPOSEFUL WOMEN WHO LEVERAGE THEIR RESOURCES TO MAKE HIGH-IMPACT GRANTS TO WASHINGTON STATE NON-PROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTIVE GRANT MAKING: IN 2021 THE FOUNDATION MADE FIVE GRANTS OF $100,000 EACH, TOTALING $500,000 TO REGIONAL NONPROFIT ORGANIZATIONS. 60-70 MEMBERS INVEST MORE THAN 2,000 HOURS ANNUALLY IN THE GRANT-MAKING PROCESS, PARTICIPATING IN A REVIEW PROCEDURE WITH THE GRANTEES WHILE STUDYING THE JUSTICE AND EQUITY ISSUES THAT THE GRANTEE ORGANIZATIONS ADDRESS. THE MEMBERSHIP VOTES TO SELECT THE GRANT RECIPIENTS. MERIT GRANTS TOTALING $27,500 WERE AWARDED TO RUNNER-UP ORGANIZATIONS.
IN 2021 THE FOUNDATION GRANTED AN ADDITONAL $55,000 IN ISSUE BASED AND SPECIAL RESPONSE GRANTS.
FOUNDATION MEMBERS PARTICIPATE IN A BROAD SPECTRUM OF LEARNING OPPORTUNITIES, SUCH AS LEADERSHIP FORUMS, PHILANTHROPY SKILL-BUILDING WORKSHOPS, ISSUES DISCUSSIONS, AND HANDS-ON GRANT MAKING THROUGH COMMITTEE WORK. THE FOUNDATION HAS OVER 160 ACTIVE COMMITTEE MEMBERS AND 2,500 VOLUNTEER HOURS ARE INVESTED EACH YEAR IN OUR PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Kolby-Wolfe President And CEO (from 2/2021) | Officer | 40 | $155,833 |
Kathy Wehle CFO (to 10/2021) | Officer | 24 | $66,948 |
N Elizabeth Mccaw President And CEO (to 1/2021) | Officer | 40 | $39,508 |
Deborah Houseworth CFO (from 10/2021) | Officer | 24 | $14,635 |
Ann Kumasaka President | OfficerTrustee | 4 | $0 |
Jodi Green Vice President | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $820,384 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $519,907 |
| Noncash contributions included in lines 1a–1f | $47,449 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,340,291 |
| Total Program Service Revenue | $0 |
| Investment income | $133,896 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $85,680 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,564,847 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $582,500 |
| 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. | $155,833 |
| Compensation of current officers, directors, key employees. | $46,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $292,282 |
| Pension plan accruals and contributions | $7,788 |
| Other employee benefits | $40,452 |
| Payroll taxes | $39,159 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,413 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $17,113 |
| Fees for services: Other | $23,600 |
| Advertising and promotion | $945 |
| Office expenses | $17,966 |
| Information technology | $18,558 |
| Royalties | $0 |
| Occupancy | $17,441 |
| Travel | $68 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,159 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,918 |
| Insurance | $3,034 |
| All other expenses | $0 |
| Total functional expenses | $1,259,912 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $557,842 |
| Savings and temporary cash investments | $1,216,706 |
| Pledges and grants receivable | $27,773 |
| 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 | $10,014 |
| Net Land, buildings, and equipment | $3,132 |
| Investments—publicly traded securities | $5,623,781 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,439,248 |
| Accounts payable and accrued expenses | $23,374 |
| Grants payable | $153,333 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $0 |
| Total liabilities | $176,707 |
| Net assets without donor restrictions | $2,598,396 |
| Net assets with donor restrictions | $4,664,145 |
| 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 | $7,439,248 |
Grants Awarded
Over the last fiscal year, Washington Womens Foundation has awarded $550,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Yakima, WA PURPOSE: HEALTH | $100,000 |
Seattle, WA PURPOSE: HUMAN SERVICES | $100,000 |
Seattle, WA PURPOSE: LOOK, LISTEN, LEARN PROGRAM | $100,000 |
Seattle, WA PURPOSE: HUMAN SERVICES | $100,000 |
Tacoma, WA PURPOSE: EDUCATION | $100,000 |
Seattle, WA PURPOSE: ISSUE BASED GRANT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that Washington Womens Foundation has recieved totaling $403,735.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $105,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $86,550 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE SUPPORT FOR MEMBERSHIP; TO PROVIDE GENERAL SUPPORT AS PROMPTED BY MEMBERSHIP RENEWAL; TO PROVIDE GENERAL SUPPORT; GENERAL OPERATING SUPPORT; TO SUPPORT COMMUNITY PHILANTHROPY; ANNUAL FUND; TO SUPPORT THE ANNUAL FUND; IN GENERAL SUPPORT FOR FISCAL YEARS 2021-2023 | $71,500 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $48,388 |
Bernier Mccaw Foundation Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $14,250 |
Endowment Analysis
| Beg. Balance | $5,264,592 |
| Earnings | $516,280 |
| Admin Expense | $17,113 |
| Net Contributions | $41,151 |
| Grants | $181,129 |
| Ending Balance | $5,623,781 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
William A Looney Family Foundation Seattle, WA | $2,970,328 | $1,865,530 |
Fairview Foundation Seattle, WA | $22,161,652 | $15,221,518 |
Roundhouse Foundation Irrv Charitable Tr Sisters, OR | $376,773,592 | $260,472,613 |
James D And Sherry Raisbeck Foundation Seattle, WA | $19,522,688 | $18,818,250 |
Stolte Family Foundation Seattle, WA | $78,833,189 | $10,332,086 |
The Robert P Rotella Foundation Bellevue, WA | $0 | $9,974 |
Cambia Health Foundation Portland, OR | $95,632,719 | $22,110,074 |
All Alaska Longshore Health And Welfare Trust Fund Portland, OR | $15,094,245 | $10,298,043 |