Griot Family Foundation
- Assets
- $547.6k
- Revenue
- $24.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 04/1999
- Data as of
- 12/2023
- EIN
- 91-1934775
Organization Overview
Griot Family Foundation is located in Tacoma, WA. The organization was established in 1999. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Griot Family 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, Griot Family Foundation generated $24.1k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 45.3% each year . All expenses for the organization totaled $36.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Griot Family Foundation has awarded 145 individual grants totaling $277,512. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING ENVIRONMENTAL PRESERVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angelo Ianello President & Director | 1 | $0 | |
Elizabeth G Hagans Vice President & Director | 1 | $0 | |
Richard L Griot Secretary & Director | 1 | $0 | |
Kam A Robinson Treasurer | 1 | $0 | |
Richard N Griot Director | 1 | $0 | |
Claire E Peterson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $24,065 |
| 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 | $0 |
| Total Revenue | $24,065 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $65 |
| Total operating and administrative expenses | $12,887 |
| Contributions, gifts, grants paid | $23,300 |
| Total expenses and disbursements | $36,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,536 |
| Savings and temporary cash investments | $533,040 |
| 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 | $0 |
| Total assets | $547,576 |
| 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, Griot Family Foundation has awarded $23,300 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AIRHAWKS FLYING CLUB PURPOSE: YOUTH DEVELOPMENT PROGRAMS | $400 |
AMERICAN INSTITUTE FOR ECONOMIC RESEARCH INC PURPOSE: SCIENCE AND EDUCATION | $5,200 |
HILLSDALE COLLEGE THE OFFICE OF INSTITUTIONAL ADVANCEMENT PURPOSE: EDUCATIONAL | $2,100 |
KALEIDOSCOPE ORCAS DAYCARE ASSOCIATION PURPOSE: YOUTH PROGRAMS | $1,000 |
LUDVIG VON MISES INSTITUTE PURPOSE: EDUCATIONAL | $5,200 |
ORCAS CENTER PURPOSE: CULTURAL EDUCATION | $500 |