The Seattle Foundation

Organization Overview

The Seattle Foundation is located in Seattle, WA. The organization was established in 1947. 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, Seattle Foundation employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seattle 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 12/2020, Seattle Foundation generated $303.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $209.1m during the year ending 12/2020. While expenses have increased by 15.0% per year over the past 6 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, Seattle Foundation has awarded 29,339 individual grants totaling $726,605,305. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

IGNITE POWERFUL & REWARDING PHILANTHROPY TO MAKE SEATTLE A STRONGER VIBRANT COMMUNITY FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONOR-DIRECTED GRANTMAKING: SEATTLE FOUNDATION'S MISSION IS TO IGNITE POWERFUL, REWARDING PHILANTHROPY. WITH MORE THAN 600 INDIVIDUAL, FAMILY, AND CORPORATE FUNDS, THIS AREA OF INVESTMENT REFLECTS THE GRANTMAKING DIRECTED BY OUR DONORS TO SUPPORT A BROAD RANGE OF COMMUNITY INTERESTS AND SCHOLARSHIPS PRIMARILY IN OUR REGION AND WASHINGTON STATE, AND ALSO EXTENDING NATIONALLY AND INTERNATIONALLY.


FOUNDATION-DIRECTED GRANTMAKING: SEATTLE FOUNDATION MANAGES TARGETED FUNDS, CALLED AREA OF INTEREST FUNDS, ON BEHALF OF THE COMMUNITY, TO SUPPORT DEFINED INTEREST AREAS. THIS INCLUDES VARIOUS PROGRAMS WORKING TO CENTER RACIAL EQUITY AND SUPPORT ORGANIZATIONS LED BY, AND CREATED FOR, HISTORICALLY AND CURRENTLY UNDERSERVED COMMUNITIES, INCLUDING BLACK, NATIVE, LATINX, IMMIGRANT, AND LOW-INCOME COMMUNITIES. SEATTLE FOUNDATION EVALUATES ORGANIZATIONS AND THEN MAKES GRANTS TO BEST REFLECT THE INTENDED PURPOSE OF THE FUNDS. THE FOUNDATION FREQUENTLY LEADS SPECIAL INITIATIVES DESIGNED TO ADDRESS SPECIFIC COMMUNITY NEEDS IN KING COUNTY, INCLUDING EMERGENCY RESPONSE FUNDS.


COMMUNITY LEADERSHIP: SEATTLE FOUNDATION DRAWS ON OUR DEEP COMMUNITY INSIGHT AND LONG HISTORY AS A CIVIC LEADER TO LAUNCH AND PARTICIPATE IN CROSS-SECTOR INITIATIVES THAT AMPLIFY OUR REACH AND IMPACT. LED BY OUR COMMITMENT TO EQUITY AND OPPORTUNITY, OUR ROLE AS A CIVIC LEADER IS TO ALIGN KEY STAKEHOLDERS AROUND STRATEGIES TO ADDRESS OUR REGION'S GREATEST CHALLENGES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ee Ventures
Equitable Evaluation Initiative Program
$1,243,793
Nelson Mullins Riley And Scarborough Llp
Equity Policy Work
$816,000
Seitel Systems Llc
It Services
$334,934
Cfo Selections Llc
Financial Consultant
$367,250
Crewcial Partners
Investment Management
$591,412
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$256,220,290
Investment income $12,718,798
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $93,304
Net Gain/Loss on Asset Sales $33,101,161
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $303,698,138

Grants Awarded

Over the last fiscal year, The Seattle Foundation has awarded $191,438,004 in support to 2,055 organizations.

Grant RecipientAmount

FIDELITY CHARITABLE GIFT FUND

Org PageRecipient Profile

Boston, MA

PURPOSE: TO TRANSFER FUNDS TO FIDELITY DAF ACCOUNT; SUPPORT PALOUSE CLUB ACCOUNT; KELLAN WOLVERTON KILBOURNE MEMORIAL FUND #158899; TOLY GIVING ACCT# 1125921; TERRY PETTER DAF

$7,617,125

UNITED WAY OF KING COUNTY

Org PageRecipient Profile

Seattle, WA

PURPOSE: BRIDGE TO FINISH PROGRAM; TO SUPPORT HUNGER RELIEF IN SEATTLE; TO PROVIDE GENERAL SUPPORT; TO SUPPORT THE ANNUAL FUND; TO SUPPORT THE PARENT CHILD HOME PROGRAM; PARENT CHILD HOME PROGRAM; BRIDGE TO FINISH; TO SUPPORT THE ANNUAL CAMPAIGN; TO SUPPORT PROGRAMS FOR FAMILIES; TO SUPPORT THE WASHINGTON FEDERAL BANK CAMPAIGN; TO PROVIDE GENERAL OPERATING SUPPORT; PLEASE SEE LETTER FOR APPROPRIATE DESIGNATION SPLIT; TO PROVIDE SUPPORT FOR ALL IN WA

$6,856,949

UNIVERSITY OF WASHINGTON FOUNDATION

Org PageRecipient Profile

Seattle, WA

PURPOSE: MAKING CONNECTIONS; GYMNASTICS FUND (COVGYM); SEE TRANSMITTAL FOR DESIGNATION OF FUNDS; SCHOOL OF NURSING; UW AUTISM CENTER; $250 TO HCMISS (HARBORVIEW); $250 TO HEROES; FOR THE MINDY FUND, UW MEDICINE ADVANCEMENT; TO SUPPORT THE HARING CENTER AND ITS SPRING FUND DRIVE; PAUL P ASHLEY FUND; TO SUPPORT THE SCHOOL OF NURSING; FOSTER SCHOOL OF BUSINESS; MONTGOMERY PHD FELLOWSHIP/NURSING; FRIENDS OF ASIAN LANG & LIT FUND; PAUL ALLEN SCHOOL OF COMPUTER SCI & ENG; TO PROVIDE GENERAL SUPPORT; FOREFRONT SUICIDE PREVENTION; COLLEGE OF THE ENVIRONMENT; UW MEDICINE FOR AIRLIFT NW FUND FOR GREATEST NEED (AIRFUN); $310 HARBORVIEW MEDICAL CENTER/$310 GENERAL SUPPORT; TO SUPPORT THE MEREDINO PROFESSORS; ALZHEIMER'S ASSOCIATION; ENDOWED FELLOWSHIP FOR GH EXCELLENCE, EQUITY, AND IMPACT (GHFEND); MEANY CENTER FOR THE PERFORMING ARTS; TO PROVIDE SUPPORT FOR THE MEN'S GOLF TEAM; TO SUPPORT UW MEDICINE'S ANNUAL FUND; COLLIER ENDOWED SCHOLARSHIP; TO SUPPORT UWB BLACK OPPORTUNITYFUND; TO SUPPORT THE UW VOLLEY

$4,072,714

BLUE MOUNTAIN COMMUNITY FOUNDATION

Org PageRecipient Profile

Walla Walla, WA

PURPOSE: TO PROVIDE GENERAL OPERATING SUPPORT; TO PROVIDE SUPPORT FOR ALL IN WA

$3,818,496

KING COUNTY BEHAVIORAL HEALTH AND RECOVERY DIVISION

PURPOSE: TRUEBLOOD REFUNDING

$3,221,012

SCHWAB CHARITABLE FUND

Org PageRecipient Profile

San Francisco, CA

PURPOSE: TO PROVIDE GENERAL SUPPORT; ACCT 5188-2706

$3,081,180
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Seattle Foundation has recieved totaling $1,000.

Awarding OrganizationAmount
Tillie & Alfred Shemanski Foundation

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$430,454,240
Earnings$66,561,850
Admin Expense$6,611,925
Net Contributions$5,283,943
Other Expense$809,700
Grants$14,255,034
Ending Balance$480,623,374

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