Bishop Fleet Foundation
- Assets
- $1.8m
- Revenue
- $193.8k
- Investments
- $1.6m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 02/1943
- Data as of
- 12/2021
- EIN
- 91-6031057
Organization Overview
Bishop Fleet Foundation is located in Seattle, WA. The organization was established in 1943. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bishop Fleet 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, Bishop Fleet Foundation generated $193.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $142.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bishop Fleet Foundation has awarded 334 individual grants totaling $813,500. 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 |
|---|---|---|---|
Christian W Birkeland President & Trustee | 1 | $1,600 | |
C Leigh Callaghan Vice President, Treasurer & Trustee | 0.5 | $1,600 | |
Kevin Cahoon Secretary & Trustee | 0.5 | $1,600 | |
James R Callaghan President Emeritus & Trustee | 0.5 | $1,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13 |
| Dividends & Interest | $46,019 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $147,734 |
| Capital Gain Net Income | $147,734 |
| Net ST Capital Gain | $0 |
| Income Modifications | $3,750 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $193,766 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,382 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,620 |
| Total operating and administrative expenses | $34,985 |
| Contributions, gifts, grants paid | $107,500 |
| Total expenses and disbursements | $142,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,893 |
| Savings and temporary cash investments | $136,895 |
| 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 | $547,656 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,885 |
| Total assets | $1,753,679 |
| 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, Bishop Fleet Foundation has awarded $107,500 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
Pullman, WA PURPOSE: SCHOLARSHIP GRANTS | $10,000 |
Bellingham, WA PURPOSE: SCHOLARSHIP GRANTS | $7,500 |
UNIVERSITY OF WASHINGTON PURPOSE: SCHOLARSHIP GRANTS | $5,000 |
BIG BROTHERS & BIG SISTERS PURPOSE: GENERAL SUPPORT | $4,500 |
MARY'S PLACE PURPOSE: GENERAL SUPPORT | $4,500 |
EXPERIMENTAL EDUCATION UNIT PURPOSE: GENERAL SUPPORT | $4,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wave Aquatics Kirkland, WA | $630,453 | $2,501,805 |
George Y Pocock Rowing Foundation Seattle, WA | $3,882,620 | $2,812,752 |
Seattle Metropolitan Aquatic Club Smac Seattle, WA | $884,255 | $1,782,098 |
United Catcher Boats Seattle, WA | $475,180 | $1,731,610 |
View Ridge Swim And Tennis Club Inc Seattle, WA | $3,724,944 | $1,441,409 |
Sammamish Rowing Association Redmond, WA | $4,776,054 | $1,351,994 |
Issaquah Swim Team Association Issaquah, WA | $1,210,423 | $1,327,015 |
Lake Oswego Swim Club Lake Oswego, OR | $414,917 | $727,237 |
Arbor Heights Swim Club Inc Seattle, WA | $1,525,580 | $677,128 |
Whitewater Aquatics Management Seattle, WA | $197,555 | $544,677 |
Innis Arden Swim Club Shoreline, WA | $1,906,549 | $769,141 |
Usa Swimming Inc Auburn, WA | $927,564 | $338,583 |