Giles W & Elise G Mead Foundation
- Assets
- $19.9m
- Revenue
- $1.3m
- Investments
- $15.2m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 06/1963
- Data as of
- 10/2023
- EIN
- 95-6040921
Organization Overview
Giles W & Elise G Mead Foundation is located in Seattle, WA. The organization was established in 1963. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Giles W & Elise G Mead 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 10/2023, Giles W & Elise G Mead Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $1.1m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Giles W & Elise G Mead Foundation has awarded 200 individual grants totaling $8,902,379. 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 |
|---|---|---|---|
Giles W Mead President | 5 | $0 | |
Parry Mead Murray Vice President | 0.3 | $0 | |
Richard N Mackay Vice President | 0.3 | $0 | |
Calder M Mackay Cfo/treasurer | 3 | $0 | |
Katherine Cone Keck Director | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,268 |
| Dividends & Interest | $596,441 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $654,843 |
| Capital Gain Net Income | $654,843 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,255,552 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $41,127 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $10,894 |
| Printing and publications | $0 |
| Other expenses | $2,921 |
| Total operating and administrative expenses | $151,786 |
| Contributions, gifts, grants paid | $898,288 |
| Total expenses and disbursements | $1,050,074 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,730,954 |
| 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 | $821 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,884,681 |
| Accounts payable and accrued expenses | $488 |
| 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 | $488 |
Grants Awarded
Over the last fiscal year, Giles W & Elise G Mead Foundation has awarded $1,028,288 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BOWERS MUSEUM PURPOSE: DISCRETIONARY FUNDING FOR NEW POSITION - CHIEF CURATOR - WHO WILL LEAD THE ASIAN EXHIBITION PROGRAM FOR THE BOWERS MUSEUM. | $25,000 |
VOICES FOR CASA PURPOSE: VOICES SEEKS TO CONTINUE STRENGTHENING THE ADVOCACY SKILLS OF CASA VOLUNTEERS AND IMPROVE OUTCOMES FOR CHILDREN BY CONTINUING TO EXPAND THE DEPTH AND BREADTH OF OUR EDUCATION SERVICES BY LEVERAGING PROFESSIONAL RESOURCES AND THE LATEST IN TECHNOLOGY. | $30,000 |
COMMUNITY INITIATIVES PURPOSE: TO BUILD & INSTALL EXHIBITS IN THE NATURE CENTER AT THE SIERRA VALLEY PRESERVE. THE EXHIBITS WILL INTRODUCE STUDENTS & VISITORS TO SIERRA VALLEYS NATURAL HISTORY & THE FUNDAMENTALS OF CONSERVING & RESTORING THE SIERRA NEVADA. | $50,000 |
CALIFORNIA INDIAN MUSEUM PURPOSE: THE CRADLE BASKET/INDIGENOUS ENVIRONMENTAL AND CULTURAL LEARNING CENTER GIVES VOICE TO THE STORIES, HISTORY, AND CULTURE OF THE NATIVE AMERICANS WHO HAVE LIVED ON THE NAPA RIVER FOR OVER 10,000 YEARS. MEAD GRANT FUNDS WILL GO TOWARD INSTALLATION. | $15,000 |
THE CLIMATE CENTER PURPOSE: CONVENE AN ONGOING COALITION OF NATURAL AND WORKING LANDS ADVOCATES TO WORK TOGETHER ON AB 1757 IMPLEMENTATION AND OTHER STATEWIDE EFFORTS. WE AIM TO STRENGTHEN OUR COLLECTIVE POWER TO ENSURE IMPLEMENTATION OF AMBITIOUS TARGETS. | $50,000 |
WESTERN RIVERS PURPOSE: ADVANCE EFFORTS TO CONSERVE THE WEST'S GREAT RIVERS. WE WILL ACQUIRE THOUSANDS OF ACRES ALONG DOZENS OF RIVER MILES; PRESERVE RIPARIAN, WETLAND AND UPLAND ECOSYSTEMS; AND ESTABLISH NEW PUBLIC ACCESS POINTS. | $150,000 |