Overview
What is Seattle Foundation?
The Seattle Foundation is a charitable organization headquartered in Seattle, Washington, with over 70 employees. Their primary role is facilitating donor-directed grants, enabling philanthropy towards a diverse range of community interests and scholarships, primarily within the region and Washington State, yet extending nationally and internationally as well. Their mission is to ignite powerful and rewarding philanthropy, contributing to a stronger and more vibrant Seattle community for all.
Official website here: www.seattlefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Star rating)
The Seattle Foundation has achieved an impressive 99% rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 100 in the Accountability & Finance category, the organization demonstrates robust financial management, including a program expense ratio of 94.21%. This effective allocation of resources showcases the foundation's commitment to impactful programming and transparency in its operations.
In addition to strong financial metrics, the Seattle Foundation also excels in fostering a culture of community engagement, reflected in its 91% score in this area. The organization operates with a fully independent board and adheres to comprehensive governance policies, ensuring ethical oversight and minimizing conflicts of interest. The commitment to collecting and utilizing feedback is noteworthy, with a perfect score in both feedback collection and usage.
However, some limitations exist in the foundation's equity strategies, where it scored 87 out of 100. While the organization has established equity policies and processes, the scores indicate areas that may benefit from further refinement, specifically in its equity data practices. Overall, the Seattle Foundation stands out for its financial integrity, governance, and responsiveness to community needs while also recognizing areas for growth in its equity efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Seattle Foundation legitimate?
Seattle Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seattle 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: $2,041,084
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,255,972
For more financial information, click here
Official website here: www.seattlefoundation.org
What is the mission statement of Seattle Foundation?
The Seattle Foundation ignites powerful and rewarding philanthropy to strengthen and enliven communities. With over 600 individual, family, and corporate funds, this area of investment reflects the grantmaking directed by donors, supporting a diverse range of local and regional interests, as well as causes that extend nationally and internationally. The Seattle Foundation's mission is to make a greater impact by igniting and amplifying the charitable efforts of its donors. By pooling resources and collaborating with nonprofit organizations, the foundation facilitates grants that promote positive change and address pressing community needs.
Official website here: www.seattlefoundation.org
Who is the CEO of Seattle Foundation?
Alesha Washington is the President & Ceo (Eff. 5/22) of Seattle Foundation. The CEO's salary of Seattle Foundation is $243,793 and their total compensation is $250,963.
Official website here: www.seattlefoundation.org
What is the revenue of Seattle Foundation?
Seattle Foundation's revenue in 2022 was $159,592,537.
Official website here: www.seattlefoundation.org
Who are the executives of Seattle Foundation and what are their salaries?
The average compensation at Seattle Foundation during 2022 was $127,357. There are 73 employees and 17 volunteers at Seattle Foundation.
Here are 31 key members and their salaries (Seattle Foundation's CEO's salary is $243,793 and their total compensation is $250,963):
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- Compensation: $312,969
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- Other: $17,651
- Compensation: $270,050
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- Other: $21,958
- Compensation: $243,793
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- Other: $7,170
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- Compensation: $244,572
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- Other: $25,176
- Compensation: $214,756
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- Other: $34,190
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- Other: $19,103
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- Other: $18,250
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- Other: $21,175
- Compensation: $158,500
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- Other: $16,457
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- Related: $152,606
- Other: $9,141
Official website here: www.seattlefoundation.org
Where can I find the form 990 for Seattle Foundation?
Seattle Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seattlefoundation.org
Learn more at the official website: www.seattlefoundation.org
Mission Statement of Seattle Foundation
Seattle Foundation, a philanthropic organization, is dedicated to igniting powerful and rewarding giving. With over 600 individual, family, and corporate funds, Seattle Foundation channels the grantmaking wishes of its donors towards a diverse range of community interests and scholarships, primarily in their region and Washington State, yet extending nationally and internationally as well. Seattle Foundation's mission is geared towards making Greater Seattle a stronger, more vibrant community for all. Through donor-directed grantmaking, the organization empowers its supporters to make a significant impact on various causes they are passionate about.
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Impact
October, 2024
The Seattle Foundation ignites powerful and rewarding philanthropy, contributing significantly to the vibrancy and strength of the Greater Seattle community. With over 600 individual, family, and corporate funds, the foundation facilitates donor-directed grantmaking that supports a diverse range of community interests and scholarships, primarily in the region but also extending nationally and internationally. Through these efforts, the Seattle Foundation fosters an interconnected community, addressing various needs and enhancing the overall quality of life for its residents.
This information is meant to be a general summary of Seattle 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: $19,423,638
- Program Service Revenue: $3,742,507
- Gross Receipts: $702,058,148
Assets and Liabilities:
- Total Assets: $1,193,135,889
- Total Liabilities: $150,667,380
- Net Assets: $1,042,468,509
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PHILANTHROPIC FEES
Revenue
$3,268,507
EVERGREEN IMPACT HOUSI
Revenue
$474,000
Organization Details
Founding Year
1946
Phone
(206) 622-2294Principal Officer
Alesha Washington
Main Address
1601 FIFTH AVENUE 1900, SEATTLE, WA, 98101
Website
www.seattlefoundation.orgNTEE Category
Code: T31 - Philanthropy
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