Channel Foundation is located in Seattle, WA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Channel 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, Channel Foundation generated $326.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Channel Foundation has awarded 313 individual grants totaling $12,071,216. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Elaine Nonneman Trustee | 10 | $0 | |
Katrin Wilde Executive Director | 40 | $135,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $3,280 |
Dividends & Interest | $238,363 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $85,268 |
Capital Gain Net Income | $85,268 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $326,911 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $135,000 |
Other employee salaries and wages | $6,171 |
Pension plans, employee benefits | $31,352 |
Interest | $0 |
Taxes | $13,034 |
Depreciation | $0 |
Occupancy | $1,800 |
Travel, conferences, and meetings | $7,535 |
Printing and publications | $0 |
Other expenses | $20,494 |
Total operating and administrative expenses | $317,954 |
Contributions, gifts, grants paid | $1,930,000 |
Total expenses and disbursements | $2,247,954 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $3,406,513 |
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 | $100,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $1,547,281 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $14,594,975 |
Accounts payable and accrued expenses | $3,376 |
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 | $3,376 |
Over the last fiscal year, Channel Foundation has awarded $2,230,000 in support to 50 organizations.
Grant Recipient | Amount |
---|---|
CONSORCIO OAXACA PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
CULTURAL SURVIVAL PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
FEMINIST FUND PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
CREA PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
FOS FEMINISTA PURPOSE: UKRAINE REFUGEE CRISIS | $20,000 |
FRIDA YOUNG FEMINIST FUND PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |