Perigee Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 830847498 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Perigee Fund?

The Perigee Fund is a Seattle-based nonprofit organization, affiliated with The Seattle Foundation, focused on promoting caregiver and infant mental health. Their mission lies in ending intergenerational trauma by strengthening the power of early relationships. The Perigee Fund strives for equitable access to mental health services for diverse families with prenatal to 3-year-olds. Their initiatives include expanding capacity to address intergenerational trauma and advocating for policies to reduce poverty-related stress on families. The organization operates with a team of eleven employees.


Official website here: www.perigeefund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star rating)

Perigee Fund has received an impressive Four-Star rating from Charity Navigator, highlighting its strong emphasis on accountability and financial management. The overall score is solely derived from the Accountability & Finance beacon, indicating a serious commitment to transparency and responsible stewardship of resources. The charity achieved a perfect score in several areas, including its independent board member composition and the absence of material diversion of assets.

One of the key strengths of Perigee Fund is its high Program Expense Ratio of 95.81%, which signifies that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has maintained excellent audit and oversight practices, reflecting a robust financial governance framework. The presence of comprehensive policies, such as conflict of interest and whistleblower policies, further enhances its credibility.

However, it's worth noting that the Fundraising Efficiency Ratio is relatively low at $0.002, which may raise questions about the cost-effectiveness of its fundraising efforts. Despite this, the overall financial health indicated by a low liabilities to assets ratio and a sound working capital ratio suggests that the organization is well-positioned to sustain its operations and mission-focused activities effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Perigee Fund legitimate?

Perigee Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Perigee Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $317,429
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,096,894

For more financial information, click here


Official website here: www.perigeefund.org

What is the mission statement of Perigee Fund?

The Perigee Fund is dedicated to ending intergenerational trauma by focusing on the power of early relationships. This mission is carried out through supporting and operating under the Seattle Foundation. The organization prioritizes improving services for families with children from prenatal to age three, particularly those from diverse backgrounds. Additionally, Perigee Fund aims to expand its capacity to address intergenerational trauma and advocates for policies that reduce poverty-related stress for families. Through these efforts, Perigee Fund strives to create a positive impact on families and break the cycle of trauma.


Official website here: www.perigeefund.org

Who is the CEO of Perigee Fund?

Lisa Mennett is the President of Perigee Fund.


Official website here: www.perigeefund.org

What is the revenue of Perigee Fund?

Perigee Fund's revenue in 2022 was $36,295,232.


Official website here: www.perigeefund.org

Who are the executives of Perigee Fund and what are their salaries?

The average compensation at Perigee Fund during 2022 was $128,575. There are 11 employees and 3 volunteers at Perigee Fund.


Here are 7 key members and their salaries:


Becca Graves (Perigee Executive Director)
  • Compensation: $0
  • Related: $284,806
  • Other: $32,623
Elizabeth Krause (Director)
  • Compensation: $0
  • Related: $218,408
  • Other: $19,365
Gloris Estrella (Program Officer)
  • Compensation: $0
  • Related: $157,000
  • Other: $19,132
Ceil Erickson (Secretary/Treasurer)
  • Compensation: $0
  • Related: $137,664
  • Other: $22,289
Mariel Mendez (Associate Program Officer)
  • Compensation: $0
  • Related: $103,142
  • Other: $23,165
Lisa Mennet (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirstin Sandaas (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.perigeefund.org

Where can I find the form 990 for Perigee Fund?

Perigee Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.perigeefund.org

Learn more at the official website: www.perigeefund.org

Mission Statement of Perigee Fund

Perigee Fund, a supporting organization of The Seattle Foundation, is dedicated to ending intergenerational trauma through the power of early relationships. This mission is achieved by embedding supportive services for caregivers and infants into policies and systems, ensuring equitable access to families in need.

The Perigee Fund focuses on improving services for diverse prenatal to three-year-old families, expanding capacity to address intergenerational trauma, and advocating for policy advances that help reduce families' poverty-related stress. By investing in early relationships, Perigee Fund aims to create a lasting impact on future generations.

Early relationships play a crucial role in a child's development and can significantly influence their future well-being. Perigee Fund recognizes that intergenerational trauma, often passed down from one generation to the next, can hinder a child's ability to form healthy relationships and reach their full potential. By addressing this issue in the early stages, Perigee Fund is able to make a profound difference in the lives of families and help break the cycle of trauma.

Through its mission, Perigee Fund is committed to empowering caregivers and infants to build strong, healthy relationships that foster positive growth and development, ultimately paving the way for a brighter future.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Perigee Fund actively works to end intergenerational trauma by emphasizing the importance of early relationships between caregivers and infants. Its impactful initiatives embed mental health support for caregivers and infants within policies and systems, ensuring equitable access to resources for families in diverse backgrounds, particularly those from prenatal to age 3.

By improving services aimed at these families, Perigee Fund not only addresses immediate needs but also enhances the capacity to tackle intergenerational trauma at its roots. The organization advocates for policy advances that alleviate poverty-related stress, which is a significant factor contributing to mental health issues. Through these efforts, Perigee Fund plays a crucial role in fostering healthier relationships and environments for families in Seattle, ultimately contributing to better mental health outcomes across generations.




This information is meant to be a general summary of Perigee Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$36,295,232 (2022)
20182019202020212022$0$9.5M$19M$28.5M$38M
Expenses
$21,402,328 (2022)
20182019202020212022$0$7M$14M$21M$28M
Efficiency
201820192020202120220%1%2%3%4%5%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $416,732
  • Gross Receipts: $36,295,232

Assets and Liabilities:

  • Total Assets: $25,046,896
  • Total Liabilities: $1,578,018
  • Net Assets: $23,468,878

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2018

Principal Officer

Lisa Mennett

Main Address

1601 FIFTH AVENUE 1900, SEATTLE, WA, 98101

NTEE Category

Code: F30 - Mental health

If you are a representative of Perigee Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.