Sunbridge Foundation
- Assets
- $16.0m
- Revenue
- $495.3k
- Investments
- $15.4m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 01/2001
- Data as of
- 12/2022
- EIN
- 91-2080918
Organization Overview
Sunbridge Foundation is located in Seattle, WA. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Sunbridge 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, Sunbridge Foundation generated $495.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Sunbridge Foundation has awarded 36 individual grants totaling $2,248,065. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James E Allchin Trustee | 1 | $0 | |
Catherine M Allchin Trustee | 1 | $0 | |
Judy Courshon Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18,268 |
| Dividends & Interest | $271,297 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $185,252 |
| Capital Gain Net Income | $185,252 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,527 |
| Total Revenue | $495,344 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,676 |
| Taxes | $32,483 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,000 |
| Total operating and administrative expenses | $163,118 |
| Contributions, gifts, grants paid | $1,241,780 |
| Total expenses and disbursements | $1,404,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $635,081 |
| 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 | $6,940 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,199,227 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,030 |
| Total assets | $16,026,167 |
| 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, Sunbridge Foundation has awarded $1,241,780 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BROWN UNIVERSITY DIVISION OF ADVANCEMENT PURPOSE: TO SUPPORT GENERAL FUND | $25,000 |
THE RECREATION FOUNDATION FOR BLAINE COUNTY INC PURPOSE: TO SUPPORT GENERAL FUND | $500 |
CARE AFRICAN EDUCATION PURPOSE: TO SUPPORT GENERAL FUND | $499,780 |
CHARITY WATER PURPOSE: TO SUPPORT GENERAL FUND | $25,000 |
CONSERVATION INTERNATIONAL PURPOSE: TO SUPPORT GENERAL FUND | $260,000 |
GIRLS WHO CODE PURPOSE: TO SUPPORT GENERAL FUND | $25,000 |