The Stars Foundation Of Thurston County
- Assets
- $2.9m
- Revenue
- $966.6k
- Investments
- $2.8m
- Employees
- 0
- Location
- Olympia, WA
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 91-2084967
Organization Overview
The Stars Foundation Of Thurston County is located in Olympia, WA. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Stars Foundation Of Thurston County 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, Stars Foundation Of Thurston County generated $966.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $296.0k during the year ending 12/2022. While expenses have increased by 8.3% per year over the past 5 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 2016, Stars Foundation Of Thurston County has awarded 39 individual grants totaling $1,387,808. 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 |
|---|---|---|---|
Stephen K Boone Bod/chair | 1 | $0 | |
Michele Boone Bod/trustee | 1 | $0 | |
Jennifer Foley Executive Director | 2 | $0 | |
Amee Kiefer Bod/trustee | 1 | $0 | |
Craig Kiefer Bod/trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $508,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,031 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $349,532 |
| Capital Gain Net Income | $349,532 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $84,998 |
| Total Revenue | $966,561 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $70 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $107 |
| Total operating and administrative expenses | $8,494 |
| Contributions, gifts, grants paid | $287,500 |
| Total expenses and disbursements | $295,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,690 |
| Savings and temporary cash investments | $94,282 |
| 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 | $1,039,504 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,915,757 |
| 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, The Stars Foundation Of Thurston County has awarded $287,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUBS OF THURSTON COUNTY PURPOSE: SUPPORT FOR YOUTH PROGRAMS AND ANNUAL KIDS CAMPAIGN FOR KIDS | $250,000 |
HANDS ON CHILDREN'S MUSEUM PURPOSE: PADDLE RAISE TO SUPPORT CREATION OF A TREEHOUSE EXHIBIT. | $25,000 |
PROVIDENCE ST PETER FOUNDATION PURPOSE: AFFINITY TREE-FOREST DONATION. SUPPORTS THE MISSION OF PROVIDENCE. | $10,000 |
LITTLE RED SCHOOLHOUSE PROJECT PURPOSE: SUPPORT LOW INCOME FAMILES WITH BASIC SCHOOL SUPPLIES | $2,500 |