Selinger-Shone Foundation
- Assets
- $1.2m
- Revenue
- -$22.0k
- Investments
- $1.0m
- Employees
- 0
- Location
- Spokane, WA
- Founding
- 06/2001
- Data as of
- 03/2024
- EIN
- 91-6481161
Organization Overview
Selinger-Shone Foundation is located in Spokane, WA. The organization was established in 2001. 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. Selinger-Shone Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Selinger-Shone Foundation has awarded 140 individual grants totaling $1,069,850. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel L Selinger Co-Trustee | 10 | $0 | |
Rosemary Selinger Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,391 |
| Dividends & Interest | $30,076 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$58,427 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$21,960 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,242 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,483 |
| Contributions, gifts, grants paid | $287,500 |
| Total expenses and disbursements | $304,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $149,225 |
| 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 | $919,243 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,528 |
| Total assets | $1,162,635 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $2,925 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,925 |
Grants Awarded
Over the last fiscal year, Selinger-Shone Foundation has awarded $287,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF KSPS PURPOSE: TO SUPPORT PUBLIC PROGRAMMING SERVICES. | $5,000 |
EASTERN WASHINGTON UNIVERSITY FOUNDATION (NURSING SCHOOL) PURPOSE: TO SUPPORT THE EWU NURSING PROGRAM. | $1,000 |
COMMUNITY COLLEGES OF SPOKANE FOUNDATION PURPOSE: TO SUPPORT THE SELINGER SHONE CAREER TRANSITIONS FUND ENDOWMENT. | $1,000 |
HUMANITIES WASHINGTON PURPOSE: TO SUPPORT SIGNIFICANT SPEAKER SPOKANE, 50TH ANNIVERSARY HUMANITIES WASHINGTON. | $10,000 |
NORTHWEST MUSEUM OF ARTS & CULTURE FOUNDATION PURPOSE: TO SUPPORT MUSEUM OPERATIONS. | $1,000 |
JOHN HOPKINS UNIVERSITY (MEDICAL SCHOOL) PURPOSE: TO FUND THE SAMUEL SELINGER, MD 69 & ROSEMARY SELINGER ENDOWED SCHOLARSHIP FUND. | $500 |