Ginger And Barry Ackerley Foundation
- Assets
- $15.7m
- Revenue
- -$1.6m
- Investments
- $11.9m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 09/1997
- Data as of
- 12/2022
- EIN
- 91-1800463
Organization Overview
Ginger And Barry Ackerley 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ginger And Barry Ackerley Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Ginger And Barry Ackerley Foundation has awarded 24 individual grants totaling $2,043,072. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Cleworth President | 40 | $58,750 | |
Ted Ackerley Co-Vice President | 40 | $58,750 | |
Chris Ackerley Co-Vice President | 40 | $58,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $188,911 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,899,529 |
| Capital Gain Net Income | $1,861,638 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $137,271 |
| Total Revenue | -$1,573,347 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $176,250 |
| Other employee salaries and wages | $56,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,462 |
| Depreciation | $0 |
| Occupancy | $19,032 |
| Travel, conferences, and meetings | $5,090 |
| Printing and publications | $0 |
| Other expenses | $94,068 |
| Total operating and administrative expenses | $413,515 |
| Contributions, gifts, grants paid | $839,880 |
| Total expenses and disbursements | $1,253,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $304,806 |
| 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 | $11,871,517 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,514,670 |
| Total assets | $15,690,993 |
| 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, Ginger And Barry Ackerley Foundation has awarded $839,880 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
THE UCLA FOUNDATION PURPOSE: GENERAL | $250,000 |
EPIPHANY SCHOOL PURPOSE: GENERAL | $13,000 |
HOTCHKISS ENDOWMENT FUND PURPOSE: GENERAL | $50,000 |
GONZAGA UNIVERSITY PURPOSE: GENERAL | $50,000 |
UNIVERSITY OF ARIZONA PURPOSE: GENERAL | $60,000 |
PROVIDENCE HOSPICE OF SEATTLE FOUNDATION PURPOSE: GENERAL | $2,000 |