Temcov Foundation
- Assets
- $752.6k
- Revenue
- $666.0
- Investments
- $0.0
- Employees
- 0
- Location
- Anacortes, WA
- Founding
- 03/1997
- Data as of
- 12/2022
- EIN
- 94-3255515
Organization Overview
Temcov Foundation is located in Anacortes, WA. The organization was established in 1997. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Temcov 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, Temcov Foundation generated $666.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.9%) each year. All expenses for the organization totaled $51.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Temcov Foundation has awarded 190 individual grants totaling $371,000. 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
DONATIONS TO NONPROFIT ORGANIZATIONS THAT PROTECT THE ENVIRONMENT AND CULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael B Temcov President | 0 | $0 | |
Joanne R Temcov Secretary | 0 | $0 | |
Dean Jacobus Vice Pres | 0 | $0 | |
Aslam Khan Vice Pres | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $666 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $666 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,563 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $810 |
| Total operating and administrative expenses | $6,768 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $51,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,558 |
| Savings and temporary cash investments | $130,204 |
| 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 | $619,849 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $752,611 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Temcov Foundation has awarded $45,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ANACORTES BOYS GIRLS CLUB PURPOSE: GENERAL SUPPORT | $2,000 |
ANACORTES FAMILY CENTER PURPOSE: GENERAL SUPPORT | $1,000 |
ANACORTES HIGH SCHOOL PURPOSE: SCHOLARSHIPS | $5,000 |
CARTER CENTER PURPOSE: GENERAL SUPPORT | $2,000 |
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL SUPPORT | $2,000 |
GREENPEACE FUND PURPOSE: GENERAL SUPPORT | $1,000 |