Overview
What is Northwest Wine Benefit Foundation?
The Northwest Wine Benefit Foundation, operating under the name Auction of Washington Wines, is a nonprofit organization situated in Seattle, Washington. Their primary objective is to generate funds for charitable causes, primarily accomplished through an annual wine auction. The Auction of Washington Wines serves as a significant contribution from the wine industry towards various communities across the state. One of their primary beneficiaries is Seattle Children's Hospital, ensuring that uncompensated medical care is available to children, irrespective of their families' financial capabilities. In addition, a portion of their funds supports viticulture and enology research in Washington State. The organization is led by a team of seven dedicated individuals.
Official website here: www.auctionofwashingtonwines.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Northwest Wine Benefit Foundation, doing business as Auction of Washington Wines, has received a two-star rating from Charity Navigator, indicating areas that require enhancement. With an overall score of 71%, the organization shows strengths in governance, particularly with its independent board composition and accountability practices, exemplified by full marks in several categories such as board meeting documentation and loans management.
Despite solid governance, the foundation struggles with program expense efficiency, achieving a 67.45% program expense ratio, which suggests that a substantial portion of funds may not be allocated directly to programs. Furthermore, its fundraising efficiency ratio of $0.08 indicates that there are challenges in generating funds effectively relative to the fundraising costs, which could affect its overall financial health and sustainability.
While the foundation maintains a strong fiscal responsibility with a favorable liabilities to assets ratio and adequate working capital, these concerns regarding program and fundraising efficiencies highlight areas where improvements could enhance its operational effectiveness and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Northwest Wine Benefit Foundation legitimate?
Northwest Wine Benefit Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Wine Benefit Foundation 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: $288,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $276,491
For more financial information, click here
Official website here: www.auctionofwashingtonwines.org
What is the mission statement of Northwest Wine Benefit Foundation?
The Northwest Wine Benefit Foundation, operating under the name Auction of Washington Wines, carries out a mission primarily through an annual wine auction. This event serves as a significant source of funds, benefiting two primary areas. Firstly, it supports uncompensated care at Seattle Children's Hospital, ensuring that all children receive necessary medical attention, irrespective of their families' financial capabilities. Secondly, it contributes to Viticulture and Enology research in Washington State, advancing the understanding and improvement of wine production in the region. The Auction of Washington Wines functions as an annual gift from the wine industry, aiming to positively impact communities across the state.
Official website here: www.auctionofwashingtonwines.org
Who is the CEO of Northwest Wine Benefit Foundation?
Beth Mccaw is the Principal Officer of Northwest Wine Benefit Foundation.
Official website here: www.auctionofwashingtonwines.org
What is the revenue of Northwest Wine Benefit Foundation?
Northwest Wine Benefit Foundation's revenue in 2022 was $3,205,931.
Official website here: www.auctionofwashingtonwines.org
Who are the executives of Northwest Wine Benefit Foundation and what are their salaries?
The average compensation at Northwest Wine Benefit Foundation during 2022 was $80,642. There are 7 employees and 200 volunteers at Northwest Wine Benefit Foundation.
Here are 19 key members and their salaries:
- Compensation: $270,720
- Related: $0
- Other: $17,280
- Compensation: $92,709
- Related: $0
- Other: $32,262
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.auctionofwashingtonwines.org
Where can I find the form 990 for Northwest Wine Benefit Foundation?
Northwest Wine Benefit Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.auctionofwashingtonwines.org
Learn more at the official website: www.auctionofwashingtonwines.org
Mission Statement of Northwest Wine Benefit Foundation
The Northwest Wine Benefit Foundation, operating under the name Auction of Washington Wines, is committed to making a significant impact in its community. Its primary mission is to raise funds primarily through an annual wine auction. This annual event serves as a generous contribution from the wine industry, benefiting two primary causes: uncompensated care for patients and families at Seattle Children's Hospital and Viticulture and Enology research in Washington State.
Seattle Children's Hospital is the primary beneficiary of the Auction of Washington Wines. This hospital guarantees medical care for all children, regardless of their families' ability to pay. This uncompensated care ensures that even families facing financial hardships can access essential healthcare services for their children. By supporting Seattle Children's Hospital, the Auction of Washington Wines contributes to the overall well-being and health of the community's young population.
In addition to its support for Seattle Children's Hospital, the Northwest Wine Benefit Foundation also invests in Viticulture and Enology research in Washington State. This research focuses on improving the quality and sustainability of Washington's wine industry. By funding this research, the Auction of Washington Wines is not only contributing to the economic growth of the wine industry but also ensuring that future generations can continue to enjoy Washington's world-class wines. The foundation's mission is a testament to its commitment to improving the lives of its community members and supporting the growth of the local wine industry.
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
July, 2024
The impact of the Auction of Washington Wines is significant in supporting uncompensated care for patients and families at Seattle Children's Hospital and viticulture and enology research in Washington State. Through their annual wine auction, the organization raises funds to ensure that all children have access to medical care regardless of their families' financial situation. This philanthropic effort not only benefits communities across the state but also contributes to the advancement of research in the viticulture and enology industry in Washington.
This information is meant to be a general summary of Northwest Wine Benefit Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $194
- Gross Receipts: $4,319,956
Assets and Liabilities:
- Total Assets: $2,621,284
- Total Liabilities: $1,336,612
- Net Assets: $1,284,672
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1983
Phone
(206) 741-0212Principal Officer
Beth Mccaw
Main Address
2200 6th Ave 411, Seattle, WA, 98121
NTEE Category
Code: T30 - Philanthropy
If you are a representative of Northwest Wine Benefit Foundation 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.