Sunbridge Foundation
- Assets
- $16.9m
- Revenue
- $1.4m
- Investments
- $16.5m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 01/2001
- Data as of
- 12/2021
- 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 12/2021, Sunbridge Foundation generated $1.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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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 | $21,359 |
| Dividends & Interest | $422,971 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $945,254 |
| Capital Gain Net Income | $945,254 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $30,738 |
| Total Revenue | $1,420,322 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $8,778 |
| Taxes | $12,032 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,286 |
| Total operating and administrative expenses | $119,870 |
| Contributions, gifts, grants paid | $994,032 |
| Total expenses and disbursements | $1,113,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $457,999 |
| 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 | $10,040 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,713,337 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,368 |
| Total assets | $16,943,375 |
| 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 | $7,497 |
| Total liabilities | $7,497 |
Grants Awarded
Over the last fiscal year, Sunbridge Foundation has awarded $1,006,285 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CARE PURPOSE: GENERAL FUND | $552,170 |
Arlington, VA PURPOSE: INDONESIA PROGRAM | $174,782 |
BROWN UNIVERSITY PURPOSE: RESEARCH FUND IN ENVIRONMENTAL STUDIES AND SCIENCE | $83,333 |
New York, NY PURPOSE: GENERAL FUND | $60,000 |
CHARITY WATER PURPOSE: GENERAL FUND | $50,000 |
BROWN UNIVERSITY PURPOSE: BROWN ANNUAL FUND | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Micron Technology Foundation Inc Boise, ID | $125,043,825 | $15,658,941 |
Mount Baker Foundation Bellingham, WA | $42,225,548 | $9,346,004 |
Craig And Susan Mccaw Foundation Kirkland, WA | $12,162,493 | $989,970 |
Mona Foundation Bellevue, WA | $4,431,589 | $2,318,161 |
Allen Institute For Artificial Intelligence Seattle, WA | $34,288 | $1,296,035 |
Sunbridge Foundation Seattle, WA | $16,943,375 | $1,420,322 |
Evertrust Foundation Everett, WA | $7,898,804 | $1,055,005 |
Washington Federal Foundation Seattle, WA | $444,132 | $1,000,247 |
Arthur M James Family Foundation Seaside, OR | $0 | $233,564 |
Guidance Foundation Portland, OR | $0 | $19,812 |
The Frederick D & Gail Y Jubitz Foundation Hillsboro, OR | $3,589,858 | $1,270,758 |
Alaska Airlines Foundation Anchorage, AK | $9,466,696 | $1,525,965 |