3 Rivers Community Foundation
- Assets
- $8.2m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 2
- Location
- Kennewick, WA
- Founding
- 08/2000
- Data as of
- 12/2021
- 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 12/2021, 3 Rivers Community Foundation employed 2 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 12/2021, 3 Rivers Community Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 14.4% 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 142 individual grants totaling $2,862,699. 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
TO STRENGTHEN AND IMPROVE THE QUALITY OF LIFE IN THE COMMUNITY BY SUPPORTING AND ENHANCING PHILANTHROPY AND CHARITABLE ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021 3RCF DISTRIBUTED $1.18 MILLION DOLLARS IN 157 GRANTS TO 103 ORGANIZATIONS. 99% OF THESE DOLLARS WERE DISTRIBUTED LOCALLY IN BENTON AND FRANKLIN COUNTIES TO SUPPORT A VARIETY OF CHARITABLE ORGANIZATIONS AND PROJECTS. OF THIS GRANT TOTAL, MORE THAN $120,000 WAS FROM THE COVID-19 RESPONSE FUND TO SUPPORT PANDEMIC RELIEF AMONG AREA NONPROFITS. NINE GRANTS TOTALING OVER $400,000 WERE AWARDED TO ADDRESS SOCIAL DETERMINANTS OF HEALTH INCLUDING MENTAL HEALTH, HOUSING, AND FOOD. AN ADDITIONAL $23,500 WAS AWARD IN 10 SCHOLARSHIP AWARDS. ADDITIONAL FUNDS WERE DISTRIBUTED PER DONOR DIRECTION OR APPLICATION-BASED GRANT CYCLE. 3 RIVERS COMMUNITY FOUNDATION STRIVES TO ADDRESS THE AREAS OF GREATEST NEED AND STRENGTHEN THE NETWORK OF NONPROFITS IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abbey Cameron Executive Director | Officer | 40 | $68,250 |
Candice Jones Secretary | OfficerTrustee | 3 | $0 |
Jay Freeman Board Chair | OfficerTrustee | 3 | $0 |
Kathy Ruggles Treasurer | OfficerTrustee | 3 | $0 |
Dave Praino Vice Chair | OfficerTrustee | 3 | $0 |
Bob Hightower Board Member | Trustee | 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 | $1,338,946 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,338,946 |
| Total Program Service Revenue | $8,708 |
| Investment income | $115,739 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $284,956 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,748,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,376,368 |
| 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. | $67,308 |
| Compensation of current officers, directors, key employees. | $13,462 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,620 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $143 |
| Payroll taxes | $8,098 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,876 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,765 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,513 |
| Office expenses | $1,546 |
| Information technology | $3,686 |
| Royalties | $0 |
| Occupancy | $14,950 |
| Travel | $2,872 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $550 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,803 |
| All other expenses | $0 |
| Total functional expenses | $1,604,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,588 |
| Savings and temporary cash investments | $147,983 |
| 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 | $434,703 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,671 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $7,466,540 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,155,485 |
| Accounts payable and accrued expenses | $161,360 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $589,339 |
| 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 | $750,699 |
| Net assets without donor restrictions | $7,404,786 |
| 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 | $8,155,485 |
Grants Awarded
Over the last fiscal year, 3 Rivers Community Foundation has awarded $1,180,618 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
Richland, WA PURPOSE: CORE MISSION SUPPORT; COUNSELING PROGRAM | $132,377 |
Kennewick, WA PURPOSE: DOMESTIC VIOLENCE HOUSING SUPPORT, SUPPORTIVE HOUSING PROGRAM, CLIENT HOTEL ASSISTNACE | $111,918 |
Yakima, WA PURPOSE: OPERATIONS, CHILD ABUSE AND NEGLECT PREVENTION, PATHWAYS TO RESILIENCE, KINSHIP CONNECTIONS | $107,991 |
Richland, WA PURPOSE: OPERATIONS | $100,100 |
Richland, WA PURPOSE: CORK'S PLACE GRIEF SUPPORT AND BLADDER SCANNER FOR HOSPICE CARE | $98,850 |
COMMUNITIES IN SCHOOLS BENTON-FRANKLIN PURPOSE: STUDENT RE-ENGAGEMENT IN THE FACE OF COVID-19, THE POWER OF PARTNERSHIP, AND BUILDING RESILIENCY THROUGH RELATIONSHIPS | $85,000 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that 3 Rivers Community Foundation has recieved totaling $309,065.
| Awarding Organization | Amount |
|---|---|
Greater Columbia Accountable Community Of Health Kennewick, WA PURPOSE: COMMUNITY HEALTHCARE SUPPORT | $215,884 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT; TO PROVIDE SUPPORT FOR ALL IN WA | $67,146 |
Group Health Foumdaiton Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Edward D Jones & Company Foundation St Louis, MO PURPOSE: COMMUNITY SERVICE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
Endowment Analysis
| Beg. Balance | $6,234,145 |
| Earnings | $811,648 |
| Admin Expense | $101,869 |
| Net Contributions | $460,043 |
| Other Expense | $35,967 |
| Grants | $629,533 |
| Ending Balance | $6,738,467 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Innovia Foundation Spokane, WA | $167,789,472 | $30,081,757 |
Greater Tacoma Community Foundation Tacoma, WA | $166,592,589 | $24,675,694 |
Idaho Community Foundation Inc Boise, ID | $229,667,754 | $28,111,141 |
Community Foundation Of North Central Washington Wenatchee, WA | $129,475,587 | $18,614,873 |
Whatcom Community Foundation Bellingham, WA | $61,418,992 | $32,311,600 |
Blue Mountain Community Foundation Walla Walla, WA | $59,624,094 | $14,162,735 |
Oregon Jewish Community Foundation Portland, OR | $113,748,806 | $13,935,130 |
Yakima Valley Community Foundation Yakima, WA | $80,915,823 | $19,701,329 |
Juneau Community Foundation Juneau, AK | $82,810,614 | $6,137,568 |
Portland Community College Foundation Inc Portland, OR | $27,749,544 | $7,912,133 |
Catholic Community Services Foundation Salem, OR | $35,947,789 | $5,259,361 |
Salem Foundation Pioneer Trust Company Trustee Salem, OR | $34,628,460 | $4,735,987 |