Ellison Foundation is located in Bellevue, WA. The organization was established in 2003. 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. Ellison 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, Ellison Foundation generated $2.1m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ellison Foundation has awarded 170 individual grants totaling $6,718,178. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Hurlbut Foundation Director | 40 | $139,375 | |
Maureen Sue Ellison V. President | 4 | $0 | |
Thomas Ellison President | 5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $3 |
Dividends & Interest | $773,647 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $1,277,809 |
Capital Gain Net Income | $1,277,809 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $551 |
Total Revenue | $2,052,010 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $139,375 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $19,062 |
Interest | $0 |
Taxes | $38,627 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $1,552 |
Printing and publications | $0 |
Other expenses | $5,133 |
Total operating and administrative expenses | $294,712 |
Contributions, gifts, grants paid | $2,561,799 |
Total expenses and disbursements | $2,856,511 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,702,488 |
Savings and temporary cash investments | $0 |
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 | $1,675,183 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $46,870,043 |
Accounts payable and accrued expenses | $4,589 |
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 | $4,589 |
Over the last fiscal year, Ellison Foundation has awarded $2,561,799 in support to 82 organizations.
Grant Recipient | Amount |
---|---|
Seattle, WA PURPOSE: MEDICAL CARE & HOMELESSNESS PREVENTION | $600,050 |
Seattle, WA PURPOSE: MUSEUM FUNDING | $200,000 |
OVERLAKE MEDICAL CENTER FOUNDATION PURPOSE: CAMPAIGN FUTURECARE | $200,000 |
SALVATION ARMY PURPOSE: BASIC DAILY NEEDS | $100,000 |
Seattle, WA PURPOSE: RENTAL ASSISTANCE | $100,000 |
ST VINCENT DE PAUL PURPOSE: EMERGENCY FUND | $100,000 |
Organization Name | Assets | Revenue |
---|---|---|
James F And Marion L Miller Foundation Portland, OR | $164,280,841 | $30,090,803 |
Gary E Milgard Family Foundation-Cari Tacoma, WA | $114,220,911 | $3,602,287 |
Samis Foundation Seattle, WA | $93,922,239 | $13,751,752 |
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Mckenzie River Gathering Foundation Portland, OR | $17,520,565 | $8,839,824 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |
David And Amy Fulton Foundation Seattle, WA | $63,197,245 | $1,065,965 |
Ronald W Naito Md Foundation Portland, OR | $42,239,889 | $5,436,826 |
Helen E Snedden Foundation Fairbanks, AK | $8,832,360 | $5,012,483 |
The Renaissance Foundation Lake Oswego, OR | $17,519,986 | $2,588,304 |