Giles W & Elise G Mead Foundation
- Assets
- $19.8m
- Revenue
- $1.5m
- Investments
- $18.1m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 06/1963
- Data as of
- 10/2022
- 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 10/2022, Giles W & Elise G Mead Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 36.1% each year . All expenses for the organization totaled $1.3m during the year ending 10/2022. 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 $8,816,336. 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 |
|---|---|---|---|
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 | |
Giles W Mead President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,610 |
| Dividends & Interest | $521,400 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,025,319 |
| Capital Gain Net Income | $1,025,319 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,548,329 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $36,821 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $13,903 |
| Printing and publications | $0 |
| Other expenses | $11,698 |
| Total operating and administrative expenses | $165,495 |
| Contributions, gifts, grants paid | $1,102,550 |
| Total expenses and disbursements | $1,268,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,789,779 |
| 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 | $19,849,866 |
| Accounts payable and accrued expenses | $4,852 |
| Grants payable | $130,000 |
| 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 | $134,852 |
Grants Awarded
Over the last fiscal year, Giles W & Elise G Mead Foundation has awarded $1,152,550 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
Durham, NC PURPOSE: ROGER IS AN ORIGINAL APPROACH TO ENGAGING AT-RISK SERVICE MEMBERS AND VETERANS FOR HELP IS AS AN ENGAGING HEALTH & WELLNESS BRAND, RATHER THAN AN ADVERTISEMENT FOR CRISIS SERVICES. | $250,000 |
Oakland, CA PURPOSE: THE SIERRA VALLEY PRESERVE WILL BE A VIBRANT HUB WHERE PEOPLE OF ALL AGES AND BACKGROUNDS COME TOGETHER TO LEARN ABOUT THE NATURAL SYSTEMS THAT SUSTAIN LIFE AND COLLABORATE TO ADDRESS THE MOST PRESSING NATURAL RESOURCE CHALLENGES IN THE SIERRA. | $100,000 |
Ashland, OR PURPOSE: WE HAVE DECADES OF SCIENTIFIC RESULTS, A STATE-OF-THE-ART DECISION SUPPORT SYSTEM, AND GROWING INTEREST. WE WILL NOW APPLY OUR AVIAN SCIENCE WITH FOREST COLLABORATIVES TO IMPROVE RESTORATION, INCREASE RESILIENCE, AND ADVANCE FOREST BIRD CONSERVATION. | $100,000 |
Rockville, MD PURPOSE: FISHER HOUSE FOUNDATION PLANS TO CONSTRUCT A NEW, 16-SUITE FISHER HOUSE AT THE CARL T. HAYDEN VA MEDICAL CENTER IN PHOENIX, ARIZONA. THE FISHER HOUSE WILL PROVIDE A "HOME AWAY FROM HOME" FOR FAMILIES WITH LOVED ONES DEALING WITH MEDICAL ISSUES. | $100,000 |
Mesa, AZ PURPOSE: MESA ARTS CENTER FOUNDATION REQUESTS $74,500 FROM THE GILES W. AND ELISE G. MEAD FOUNDATION TO SUPPORT THE DEVELOPMENT OF ONLINE PROGRAM CURRICULUM AND THE IMPLEMENTATION AND BUILD OF THE NEW COMMUNITY CONNECTIONS LEARNING LAB FOR PROJECT LIT. | $74,500 |
MAPLE LEAF FOUNDATION PURPOSE: MAPLE LEAF FOUNDATION PROVIDES AFFORDABLE HOUSING FOR LOW-TO MODERATE INCOME FAMILIES, RELOCATED TO SEATTLE FOR SPECIALIZED CANCER CARE AT SEATTLE CHILDRENS HOSPITAL. THIS GRANT WOULD ENABLE US TO SUBSIDIZE RENT FOR TWO YEARS ON OUR THIRD HOME. | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
William A Looney Family Foundation Seattle, WA | $2,970,328 | $1,865,530 |
Fairview Foundation Seattle, WA | $22,161,652 | $15,221,518 |
Roundhouse Foundation Irrv Charitable Tr Sisters, OR | $376,773,592 | $260,472,613 |
James D And Sherry Raisbeck Foundation Seattle, WA | $19,522,688 | $18,818,250 |
Stolte Family Foundation Seattle, WA | $78,833,189 | $10,332,086 |
The Robert P Rotella Foundation Bellevue, WA | $0 | $9,974 |
Cambia Health Foundation Portland, OR | $95,632,719 | $22,110,074 |
All Alaska Longshore Health And Welfare Trust Fund Portland, OR | $15,094,245 | $10,298,043 |