Community Foundation Of Snohomish County
- Assets
- $55.4m
- Revenue
- $14.8m
- Investments
- $43.8m
- Employees
- 15
- Location
- Everett, WA
- Founding
- 03/2006
- Data as of
- 12/2022
- EIN
- 94-3188703
Organization Overview
Community Foundation Of Snohomish County is located in Everett, WA. The organization was established in 2006. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Community Foundation Of Snohomish County employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Snohomish County 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, Community Foundation Of Snohomish County generated $14.8m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 37.0% each year . All expenses for the organization totaled $6.4m during the year ending 12/2022. While expenses have increased by 25.4% per year over the past 8 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 2014, Community Foundation Of Snohomish County has awarded 806 individual grants totaling $29,309,069. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN COMMUNITIES IN GREATER EVERETT AND SNOHOMISH COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE GRANTS TO NON-PROFIT ORGANIZATIONS IN SNOHOMISH COUNTY TO SUPPORT FIELDS OF EDUCATION, ARTS AND CULTURE, ENVIRONMENT, HEALTH AND WELLNESS AND HUMAN SERVICES. COMMUNITY FOUNDATION DONORS ENJOY THE CONVENIENCE OF DOING ALL THEIR CHARITABLE GIVING IN ONE PLEACE. DONORS ARE ABLE TO GIVE A VARIETY OF ASSETS TO CREATE CHARITABLE FUNDS NOW OR IN THE FUTURE THROUGH THEIR ESTATES. FUNDS MAY BE PERMANENTLY ENDOWED OR THE TOTAL BALANCE MAY BE GRANTED OUT OVER A SPECIFIED PEREIOD OF TIME. DONORS MAY RECOMMEND GRANT RECIPIENTS OR ALLOW GRANTS TO BE AWARDED AT THE DISCRETION OF THE COMMUNITY FOUNDATION.
CONNECT CASINO ROAD IS AN INCLUSIVE, INNOVATIVE, AND TRANSFORMATIVE COMMUNITY EFFORT COMING TOGETHER TO CREATE EQUITABLE OPPORTUNITIES AND OUTCOMES FOR CASINO ROAD FAMILIES. WE NURTURE THE CREATION OF AN ENVIRONMENT AND CULTURE IN WHICH SHARED COMMUNITY ASPIRATIONS CAN BE COCREATED, RESOURCED, AND BROUGHT TO LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Duncan Chair | OfficerTrustee | 1.5 | $0 |
Gloria Ngezaho Chair - Elect | OfficerTrustee | 1.5 | $0 |
Nashika Stanbro Vice Chair | OfficerTrustee | 1.5 | $0 |
Kristi Henderson Treasurer | OfficerTrustee | 1.5 | $0 |
Phil Spirito Secretary | OfficerTrustee | 1.5 | $0 |
Scott Callahan Board Member | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $192,500 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,733,776 |
| Noncash contributions included in lines 1a–1f | $488,963 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,926,276 |
| Total Program Service Revenue | $130,344 |
| Investment income | $852,776 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$115,292 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,794,104 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,457,932 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $220,472 |
| Compensation of current officers, directors, key employees. | $66,142 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $809,308 |
| Pension plan accruals and contributions | $31,891 |
| Other employee benefits | $0 |
| Payroll taxes | $76,827 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $120,611 |
| Fees for services: Other | $332,370 |
| Advertising and promotion | $34,128 |
| Office expenses | $102,286 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,227 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,410,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,808,234 |
| Savings and temporary cash investments | $1,751,498 |
| Pledges and grants receivable | $5,793,475 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $600,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,000 |
| Net Land, buildings, and equipment | $334,713 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $43,793,908 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $343,277 |
| Total assets | $55,431,105 |
| Accounts payable and accrued expenses | $155,430 |
| Grants payable | $6,036 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,552,023 |
| Total liabilities | $3,713,489 |
| Net assets without donor restrictions | $25,641,440 |
| Net assets with donor restrictions | $26,076,176 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $55,431,105 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Snohomish County has awarded $3,715,658 in support to 85 organizations.
| Grant Recipient | Amount |
|---|---|
AGROS INTERNATIONAL PURPOSE: RICK STEVES' EUROPE FUND | $250,000 |
ANDANDO PURPOSE: RICK STEVES' EUROPE FUND | $30,000 |
AFRICAID PURPOSE: RICK STEVES' EUROPE FUND | $20,000 |
ARTS COUNCIL OF SNOHOMISH COUNTY DBA SCHACK ART CENTER PURPOSE: BILL AND PATTY DEGROODT FUND | $7,411 |
ASSISTANCE LEAGUE OF EVERETT PURPOSE: GOLLMAN FUND | $7,120 |
BLACK HEALING FUND PURPOSE: COMMUNITY GRANT | $13,500 |