3 Rivers Community Foundation
- Assets
- $7.4m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 3
- Location
- Kennewick, WA
- Founding
- 08/2000
- Data as of
- 12/2022
- EIN
- 91-2049302
Organization Overview
3 Rivers Community Foundation is located in Kennewick, WA. The organization was established in 2000. 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 12/2022, 3 Rivers Community Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 3 Rivers 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 12/2022, 3 Rivers Community Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $865.6k during the year ending 12/2022. While expenses have increased by 6.4% per year over the past 7 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 2014, 3 Rivers Community Foundation has awarded 168 individual grants totaling $3,222,627. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO CREATE OPPORTUNITIES FOR PERPETUAL GIVING IN BENTON AND FRANKLIN COUNITES TO SUPPORT NONPROFITS NOW, AND IN THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EACH FALL 3RCF HOLDS AN APPLICATION-BASED GRANT CYCLE FOR NONPROFITS SERVING BENTON AND FRANKLIN COUNITES. REQUESTS ARE CAREFULLY VETTED, REVIEWED, AND INTERVIEWED TO DISTRIBUTE FUNDS TO THE AREAS OF GREATEST NEED IN OUR COMMUNITY. 3RCF FUNDS PROGRAMS AND PROJECTS ACROSS SERVICE AREAS, SUPPORTING HOUSING, MENTAL HEALTH, FOOD SECURITY, THE ARTS, ANIMAL WELFARE, AND MORE. THIS GIVING IS SUPPORTED BY DONORS WHO CREATE UNRESTRICTED OR FIELD OF INTEREST FUNDS, AS WELL AS DIRECT ANNUAL GIVING TOWARDS GRANTMAKING.
3RCF PROVIDES FULL-SERVICE SCHOLARSHIP ADMINISTRATION IN PARTNERSHIP WITH INDIVIDUAL DONORS TO SUPPORT THE ACADEMIC SUCCESS OF STUDENTS ATTENDING ACCREDITED SCHOOLS, UNIVERSITIES, AND TRADE PROGRAMS.
3RCF PROVIDES A WIDE RANGE OF CUSTOMIZED DONOR SERVICES, INCLUDING DESIGNATED FUNDS, PASS-THRU GIVING, ANONYMOUS GIVING, LEGACY PLANNING, AND MORE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abbey Cameron CEO | Officer | 40 | $74,170 |
Jay Freeman Chairman | OfficerTrustee | 3 | $0 |
Kathleen Lawrence Treasurer | Trustee | 3 | $0 |
Samson Martinez Director | Trustee | 3 | $0 |
Susan Coleman Secretary | Trustee | 3 | $0 |
Dave Praino Vice President | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $992,154 |
| Noncash contributions included in lines 1a–1f | $25,176 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $992,154 |
| Total Program Service Revenue | $6,010 |
| Investment income | $140,262 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $145,312 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,283,738 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $587,633 |
| Grants and other assistance to domestic individuals. | $23,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,171 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,103 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,359 |
| Payroll taxes | $8,385 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,929 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,369 |
| Fees for services: Other | $561 |
| Advertising and promotion | $9,245 |
| Office expenses | $18,641 |
| Information technology | $16,632 |
| Royalties | $0 |
| Occupancy | $23,568 |
| Travel | $478 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,026 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $217 |
| Insurance | $2,897 |
| All other expenses | $0 |
| Total functional expenses | $865,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,930 |
| Savings and temporary cash investments | $117,372 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $383,949 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,667 |
| Net Land, buildings, and equipment | $3,041 |
| Investments—publicly traded securities | $6,731,799 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $109,301 |
| Total assets | $7,432,059 |
| Accounts payable and accrued expenses | $6,933 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $553,100 |
| 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 | $109,302 |
| Total liabilities | $669,335 |
| Net assets without donor restrictions | $6,762,724 |
| Net assets with donor restrictions | $0 |
| 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 | $7,432,059 |
Grants Awarded
Over the last fiscal year, 3 Rivers Community Foundation has awarded $359,928 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMIC LINK OUTREACH PURPOSE: General Operating Support | $40,093 |
ARTS CENTER TASK FORCE PURPOSE: Donor Designated/Pass Thru Giving | $75,000 |
BOYS & GIRLS CLUBS PURPOSE: Donor Designated/Program Support | $19,000 |
BENTON FRANKLIN REC COALITION PURPOSE: Donor Designated/Program Support | $10,000 |
CATHOLIC CHARITIES TRI CITIES PURPOSE: Program Support | $7,000 |
CHAPLAINCY HEALTH CARE PURPOSE: Program Support | $6,978 |