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Icicle Fund

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

EIN: 911943099 ✦ Leavenworth, WA ✦ Designated as a 501(c)(3)

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Overview

What is Icicle Fund?

The Icicle Fund is a small, nonprofit organization based in Leavenworth, Washington. With a mission to protect the environment, advance the arts, and promote the natural and cultural history of the Wenatchee River Watershed and Greater North Central Washington Region, the Icicle Fund supports local initiatives through partnerships and community grants. By collaborating with organizations like Chelan-Douglas Land Trust, The Nature Conservancy, The Trust for Public Land, and various arts alliances, the Icicle Fund invests in the preservation of North Central Washington's unique heritage and enrichment.


Official website here: www.iciclefund.org

What are the reviews and ratings of this charity?

77% rating from Charity Navigator indicates that Icicle Fund has earned a Three-Star out of Four Star rating, reflecting a solid performance in accountability and finance. This score is derived from a robust accountability and finance beacon, showcasing the organization's commitment to transparency and responsible financial management.

The organization has demonstrated effective governance practices, with policies in place for conflict of interest, whistleblower protections, and document retention. Additionally, Icicle Fund has shown an impressive program expense ratio of 95.12%, indicating that the majority of its funds are directed towards its programs rather than administrative costs or fundraising expenses.

However, while there are no noted issues with material diversions of assets and a strong liabilities to assets ratio, the overall score indicates that there may be room for improvement in other areas that could enhance its ratings. Nonetheless, the organization appears to be well-managed and financially stable, which is encouraging for potential donors and supporters.


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

Is Icicle Fund legitimate?

Icicle Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Icicle 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: $119,553
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.iciclefund.org

What is the mission statement of Icicle Fund?

The Icicle Fund is committed to backing the preservation of the environment, the arts, and history in innovative ways in North Central Washington. Its mission encompasses protecting natural and cultural heritage in the Wenatchee River Watershed and the larger North Central Washington region. The organization achieves this by granting funds to Chelan-Douglas Land Trust, The Nature Conservancy, The Trust for Public Land, ICicle Creek Center for the Arts, Wenatchee River Institute, Methow Arts Alliance, and other eligible nonprofits. Through these collaborations, the Icicle Fund aims to enhance the appreciation of arts and history, while supporting the conservation of the environment.


Official website here: www.iciclefund.org

Who is the CEO of Icicle Fund?

Phil Lacey is the Vice President of Icicle Fund.


Official website here: www.iciclefund.org

What is the revenue of Icicle Fund?

Icicle Fund's revenue in 2023 was $14,031,984.


Official website here: www.iciclefund.org

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

The average compensation at Icicle Fund during 2023 was $119,553. There is 1 employee and 24 volunteers at Icicle Fund.


Here are 14 key members and their salaries:


Paul Kundt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Lacey (Vice President)
  • Compensation: $0
  • Related: $77,434
  • Other: $0
James Schroeder (Treasurer)
  • Compensation: $0
  • Related: $166,277
  • Other: $13,302
Sharon Lunz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Jackson Mott (Director)
  • Compensation: $0
  • Related: $65,124
  • Other: $2,208
Curt Soper (Director)
  • Compensation: $0
  • Related: $72,483
  • Other: $2,985
Carolyn Griffin-Bugert (Director)
  • Compensation: $0
  • Related: $64,000
  • Other: $0
Noelle O'Reilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keni Sturgeon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Ishii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terranella Canuche (Director)
  • Compensation: $0
  • Related: $2,864
  • Other: $0
Eunice Youmans (Director)
  • Compensation: $0
  • Related: $51,493
  • Other: $5,459
Mitsu Iwasaki (Director)
  • Compensation: $0
  • Related: $61,113
  • Other: $12,000
Christine Morgan (Executive Director)
  • Compensation: $101,293
  • Related: $0
  • Other: $3,864


Official website here: www.iciclefund.org

Where can I find the form 990 for Icicle Fund?

Icicle Fund's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.iciclefund.org

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

Mission Statement of Icicle Fund

The Icicle Fund is a mission-driven organization dedicated to preserving the environment, fostering appreciation for the arts, and promoting natural and cultural history in North Central Washington. By engaging in innovative collaborations, this philanthropic entity strives to support organizations that align with its core values.

Some of the nonprofits that Icicle Fund has partnered with include Chelan-Douglas Land Trust, The Nature Conservancy, and The Trust for Public Land. These partnerships enable Icicle Fund to protect the natural beauty of the Wenatchee River Watershed and the greater North Central Washington region.

Additionally, Icicle Fund supports arts institutions such as the ICicle Creek Center for the Arts and the Methow Arts Alliance. These collaborations foster artistic expression and creativity within the community, enriching the cultural landscape. Furthermore, Icicle Fund's community grants program extends its reach to various other qualified nonprofits, ensuring a broad impact across the region.

In summary, Icicle Fund's mission is to safeguard the environment, advance the arts, and promote the history of North Central Washington through strategic partnerships and collaborative efforts with local nonprofits.

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Impact




October, 2024

Icicle Fund makes a significant impact in North Central Washington by fostering collaboration among various organizations dedicated to environmental conservation, arts appreciation, and the promotion of cultural history. By supporting entities like the Chelan-Douglas Land Trust, The Nature Conservancy, and the Wenatchee River Institute, it plays a crucial role in protecting the natural landscapes of the Wenatchee River Watershed.

Additionally, through partnerships with cultural organizations such as the Icicle Creek Center for the Arts and the Methow Arts Alliance, Icicle Fund enhances the region’s arts scene, enriching the community’s cultural offerings. By providing community grants, it ensures that these initiatives not only thrive but also address local needs and aspirations, promoting sustainable development and cultural engagement throughout the region.




This information is meant to be a general summary of Icicle 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
$14,031,984 (2023)
Expenses
$2,425,604 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,346,835
  • Gross Receipts: $19,328,695

Assets and Liabilities:

  • Total Assets: $50,061,150
  • Total Liabilities: $815,475
  • Net Assets: $49,245,675

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Organization Details

Founding Year

1998

Principal Officer

Phil Lacey

Main Address

P O BOX 2025, LEAVENWORTH, WA, 98826

NTEE Category

Code: A12 - Arts

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