The Aslan Charitable Foundation
- Assets
- $36.9m
- Revenue
- $2.4m
- Investments
- $34.1m
- Employees
- 0
- Location
- Gig Harbor, WA
- Founding
- 12/2001
- Data as of
- 12/2021
- EIN
- 91-2090715
Organization Overview
The Aslan Charitable Foundation is located in Gig Harbor, WA. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Aslan Charitable 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, Aslan Charitable Foundation generated $2.4m in total revenue. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 66.9% 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 2016, Aslan Charitable Foundation has awarded 12 individual grants totaling $2,050,679. 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.
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 |
|---|---|---|---|
Eric Russell President | 40 | $299,000 | |
Marsha Russell Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
George M Pigott Jr Dba Blue Canoe C | 12/30/21 | $128,250 |
Scott Wolcheck | 12/30/21 | $51,407 |
Roman Brent | 12/30/21 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $394,500 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,012,635 |
| Capital Gain Net Income | $2,276,808 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,407,135 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $299,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $47,314 |
| Interest | $0 |
| Taxes | $26,592 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $13,961 |
| Printing and publications | $0 |
| Other expenses | $92,265 |
| Total operating and administrative expenses | $913,318 |
| Contributions, gifts, grants paid | $516,000 |
| Total expenses and disbursements | $1,429,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,920,941 |
| 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 | $775,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,075,591 |
| Net Land, buildings, and equipment | $64,633 |
| Other assets | $0 |
| Total assets | $36,913,450 |
| Accounts payable and accrued expenses | $80 |
| 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 | $80 |
Grants Awarded
Over the last fiscal year, The Aslan Charitable Foundation has awarded $2,032,705 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Gig Harbor, WA PURPOSE: PORTION OF QUALIFYING DISTRIBUTIONS ATTRIBUTABLE TO THE FOUNDATION AS PART OF THE SIGNIFICANT DISTRIBUTION OF ASSETS FROM THE RUSSELL FAMILY FOUNDATION (91-1663336) DURING THE YEAR, PURSUANT TO TREAS REG 1.507-3. | $1,516,675 |
Kailuakona, HI PURPOSE: GENERAL OPERATING SUPPORT FOR THE CALEB LEGACY INITIATIVE | $400,000 |
BIG HOMIE MINISTIRES INTERNATIONAL PURPOSE: FOOD CART/TRUCK AND SPECIALTY EQUIPMENT COST | $80,000 |
Estes Park, CO PURPOSE: OPERATIONAL FUNDING | $25,000 |
Gig Harbor, WA PURPOSE: MINISTRY TRAINING THROUGH CHURCH FOR ALL NATIONS | $10,000 |
HABITAT FOR HUMANITIES PURPOSE: MARK HOLCOMB'S HABITAT CHALLENGE | $1,030 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
William A Looney Family Foundation Seattle, WA | $2,970,328 | $1,865,530 |
Fairview Foundation Seattle, WA | $22,161,652 | $15,221,518 |
Roundhouse Foundation Irrv Charitable Tr Sisters, OR | $376,773,592 | $260,472,613 |
James D And Sherry Raisbeck Foundation Seattle, WA | $19,522,688 | $18,818,250 |
Stolte Family Foundation Seattle, WA | $78,833,189 | $10,332,086 |
The Robert P Rotella Foundation Bellevue, WA | $0 | $9,974 |
Cambia Health Foundation Portland, OR | $95,632,719 | $22,110,074 |
All Alaska Longshore Health And Welfare Trust Fund Portland, OR | $15,094,245 | $10,298,043 |