Forest Foundation
- Assets
- $0.0
- Revenue
- $928.3k
- Investments
- $22.2m
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 05/1964
- Data as of
- 06/2019
- EIN
- 91-6020514
Organization Overview
Forest Foundation is located in Tacoma, WA. The organization was established in 1964. 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. Forest 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 06/2019, Forest Foundation generated $928.3k in total revenue. All expenses for the organization totaled $2.2m during the year ending 06/2019. While expenses have increased by 1.6% per year over the past 2 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 2021, Forest Foundation has awarded 70 individual grants totaling $1,387,500. 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 |
|---|---|---|---|
Gail T Weyerhaeuser President, Treasurer | 3 | $25,000 | |
Benjamin D Weyerhaeuser Vice President | 1 | $0 | |
John Keolker Secretary | 1 | $0 | |
Brian F Boyd Executive Director | 20 | $0 | |
W Drew Weyerhaeuser Director | 1 | $0 | |
William T Weyerhaeuser Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fiduciary Counselling Inc | 6/29/21 | $101,819 |
Grantmaker Consultants Inc | 6/29/21 | $252,695 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,340 |
| Dividends & Interest | $208,900 |
| Profit on Inventory Sales | $0 |
| Other Income | $29,460 |
| Total Revenue | $928,302 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $25,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $38 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $591,844 |
| Contributions, gifts, grants paid | $1,615,116 |
| Total expenses and disbursements | $2,206,960 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,036,440 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Forest Foundation has awarded $1,387,500 in support to 70 organizations.
| Grant Recipient | Amount |
|---|---|
Seattle, WA PURPOSE: CULTURE AND THE ARTS | $100,000 |
Tacoma, WA PURPOSE: GENERAL OPERATING SUPPORT | $70,000 |
Seattle, WA PURPOSE: CHILDREN AND YOUTH DEVELOPMENT | $62,500 |
Seattle, WA PURPOSE: OPERATING - PEDIATRIC ADOLESCENT TRANSITION CLINIC AT UW MEDICINE | $62,500 |
TACOMA ART MUSEUM PURPOSE: GENERAL OPERATING SUPPORT | $60,000 |
Seattle, WA PURPOSE: CAPITAL - DRESSEL SCHOLARS PROGRAM | $50,000 |
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 |