Starbucks Foundation
- Assets
- $35.7m
- Revenue
- $14.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 09/1998
- Data as of
- 09/2021
- EIN
- 91-1795425
Organization Overview
Starbucks Foundation is located in Seattle, WA. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Starbucks 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 09/2021, Starbucks Foundation generated $14.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $23.3m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Starbucks Foundation has awarded 419 individual grants totaling $75,511,150. 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
NONE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rossann Williams President/director | 1 | $0 | |
Michelle Burns Secretary/director | 1 | $0 | |
Curt Freeman Treasurer | 1 | $0 | |
Sara Trilling Vice President/director | 1 | $0 | |
Alicia Vermaele Executive Officer | 5 | $0 | |
Brady Brewer Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Point B Inc | 9/29/18 | $131,902 |
Schonfield Consulting | 9/29/18 | $51,013 |
Smartsimple Software Ltd | 9/29/18 | $66,444 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,968,083 |
| Interest on Savings | $27,272 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,088 |
| Total Revenue | $14,000,443 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $493 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,184 |
| Total operating and administrative expenses | $72,403 |
| Contributions, gifts, grants paid | $23,211,628 |
| Total expenses and disbursements | $23,284,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $35,723,921 |
| 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 | $8,311 |
| Total assets | $35,732,232 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $10,991,885 |
| 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 | $10,991,885 |
Grants Awarded
Over the last fiscal year, Starbucks Foundation has awarded $27,807,760 in support to 147 organizations.
| Grant Recipient | Amount |
|---|---|
Oakland, CA PURPOSE: THRIVING COMMUNITIES & DISASTER RESPONSE | $2,683,627 |
FIDELITY CHARITABLE PURPOSE: THRIVING COMMUNITIES & DISASTER RESPONSE | $1,910,000 |
Oakland, CA PURPOSE: THRIVING COMMUNITIES & DISASTER RESPONSE | $1,373,400 |
Portland, OR PURPOSE: THRIVING COMMUNITIES & DISASTER RESPONSE | $900,000 |
Oakland, CA PURPOSE: THRIVING COMMUNITIES & DISASTER RESPONSE | $763,000 |
AMERICAN RED CROSS PURPOSE: THRIVING COMMUNITIES & DISASTER RESPONSE | $600,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Starbucks Foundation has recieved totaling $750.
| Awarding Organization | Amount |
|---|---|
Ken & Gala White Family Foundtaion Pueblo, CO PURPOSE: GENERAL OPERATIONS | $300 |
Ken & Gala White Family Foundtaion Pueblo, CO PURPOSE: GENERAL OPERATIONS | $300 |
Weiss Family Foundation Inc Coral Gables, FL PURPOSE: SUPPORT CONTRIBUTION | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Low Income Housing Institute Seattle, WA | $253,877,593 | $49,435,203 |
Copper River Native Association Copper Center, AK | $37,611,985 | $29,435,235 |
Starbucks Foundation Seattle, WA | $35,732,232 | $14,000,443 |
Self Enhancement Inc Portland, OR | $28,150,324 | $38,753,460 |
Albina Head Start Inc Portland, OR | $22,611,624 | $19,457,720 |
Orbis Cascade Alliance Portland, OR | $8,013,554 | $17,694,791 |
Independent Order Of Odd Fellows Walla Walla, WA | $17,889,942 | $20,108,315 |
Options Counseling Services Of Oregon Eugene, OR | $12,586,092 | $15,957,358 |
The Housing Company Boise, ID | $54,365,926 | $13,345,868 |
Discovery Institute Seattle, WA | $11,437,135 | $11,706,535 |
Ecotrust Portland, OR | $39,375,202 | $8,893,922 |
Vista Hermosa Pasco, WA | $179,888,748 | $12,479,389 |