Thomas C Wright Foundation
- Assets
- $12.9m
- Revenue
- $862.8k
- Investments
- $12.5m
- Employees
- 0
- Location
- Bothell, WA
- Founding
- 11/1998
- Data as of
- 12/2023
- EIN
- 91-6457246
Organization Overview
Thomas C Wright Foundation is located in Bothell, WA. The organization was established in 1998. 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. Thomas C Wright 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 12/2023, Thomas C Wright Foundation generated $862.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $718.8k during the year ending 12/2023. While expenses have increased by 0.2% per year over the past 9 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 2015, Thomas C Wright Foundation has awarded 98 individual grants totaling $5,301,783. 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 |
|---|---|---|---|
Robin Rothe Trustee | 40 | $104,176 | |
Judy M Courshon Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $451,328 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $411,477 |
| Capital Gain Net Income | $411,477 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $862,805 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $104,176 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $18,167 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,076 |
| Printing and publications | $0 |
| Other expenses | $31,505 |
| Total operating and administrative expenses | $170,319 |
| Contributions, gifts, grants paid | $548,477 |
| Total expenses and disbursements | $718,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,462 |
| Savings and temporary cash investments | $297,315 |
| 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 | $12,179 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,889,495 |
| Accounts payable and accrued expenses | $2,619 |
| 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 | $2,619 |
Grants Awarded
Over the last fiscal year, Thomas C Wright Foundation has awarded $548,477 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
READING PARTNERS PURPOSE: EDUCATION | $5,236 |
SEATTLE CHILDREN'S PLAYGARDEN PURPOSE: EDUCATION | $5,000 |
KINDERING CENTER PURPOSE: EDUCATION | $275,000 |
RAINIER SCHOLARS PURPOSE: EDUCATION | $10,000 |
SEATTLE UNIVERSITY PURPOSE: EDUCATION | $100,000 |
PAGE AHEAD PURPOSE: EDUCATION | $2,500 |