444 S Foundation
- Assets
- $45.8m
- Revenue
- $3.2m
- Investments
- $45.4m
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 12/1998
- Data as of
- 12/2022
- EIN
- 91-6468421
Organization Overview
444 S Foundation is located in Bellevue, 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. 444 S 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 12/2022, 444 S Foundation generated $3.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $3.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, 444 S Foundation has awarded 147 individual grants totaling $9,868,850. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cynthia Ann Wayburn Trustee | 3 | $0 | |
William Morgan Roush Trustee | 3 | $0 | |
James N Sheldon Trustee | 5 | $38,855 | |
Corrie Yackulic Trustee | 2 | $0 | |
Fred Ackerman-Munson Exec Director | 40 | $209,798 | |
Lea Whitehill Administrator | 20 | $51,818 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Boston Trust & Investment Mgmt Co | 12/30/22 | $218,508 |
Boston Common | 12/30/22 | $62,467 |
Monticello Associates | 12/30/22 | $50,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $890,102 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,321,884 |
| Capital Gain Net Income | $2,321,884 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,036 |
| Total Revenue | $3,234,022 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $38,855 |
| Other employee salaries and wages | $247,879 |
| Pension plans, employee benefits | $66,339 |
| Interest | $0 |
| Taxes | $44,814 |
| Depreciation | $0 |
| Occupancy | $57,203 |
| Travel, conferences, and meetings | $6,016 |
| Printing and publications | $0 |
| Other expenses | $50,852 |
| Total operating and administrative expenses | $873,214 |
| Contributions, gifts, grants paid | $2,955,750 |
| Total expenses and disbursements | $3,828,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,676 |
| Savings and temporary cash investments | $357,860 |
| 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 | $14,933,980 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,243 |
| Total assets | $45,842,969 |
| 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 | $18,136 |
| Total liabilities | $18,136 |
Grants Awarded
Over the last fiscal year, 444 S Foundation has awarded $2,955,750 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
ADVOCATES FOR THE WEST PURPOSE: ENVIRONMENTAL PRESERVATION | $75,000 |
CANADIAN PARKS AND WILDERNESS SOCIETY PURPOSE: ENVIRONMENTAL PRESERVATION | $20,000 |
ALASKA WILDERNESS LEAGUE PURPOSE: ENVIRONMENTAL PRESERVATION | $75,000 |
CENTER FOR AMERICAN PROGRESS PURPOSE: ENVIRONMENTAL PRESERVATION | $75,000 |
CENTER FOR LARGE LANDSCAPE CONSERVATION PURPOSE: ENVIRONMENTAL PRESERVATION | $25,000 |
EARTHJUSTICE PURPOSE: ENVIRONMENTAL PRESERVATION | $200,000 |