Paulus Family Foundation
- Assets
- $7.6m
- Revenue
- -$47.3k
- Investments
- $6.8m
- Employees
- 0
- Location
- Mount Vernon, WA
- Founding
- 11/2003
- Data as of
- 12/2022
- EIN
- 20-0351925
Organization Overview
Paulus Family Foundation is located in Mount Vernon, WA. The organization was established in 2003. 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. Paulus Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Paulus Family Foundation has awarded 77 individual grants totaling $10,782,498. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NONE - THE FOUNDATION CONDUCTS NO DIRECT CHARITABLE ACTIVITY. INSTEAD IT MAKES CHARITABLE CONTRIBUTIONS TO OTHER NON-FOR-PROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
C Michelle Paulus President | 1 | $0 | |
Andrew E Beldin Vice President | 1 | $0 | |
Lia G Beldin Secretary | 1 | $0 | |
Ana Sophia Augustenborg Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $930 |
| Dividends & Interest | $112,899 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$161,272 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $155 |
| Total Revenue | -$47,288 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29,154 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,021 |
| Total operating and administrative expenses | $93,520 |
| Contributions, gifts, grants paid | $1,420,000 |
| Total expenses and disbursements | $1,513,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $837,065 |
| 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 | $5,238,082 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,624,296 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Paulus Family Foundation has awarded $1,420,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ANGEL FLIGHT WEST PURPOSE: DELIVER HEALTH AND HOPE USING DONATED FLIGHTS TO SERVE THOSE WITH HEALTHCARE OF OTHER COMPELLING HUMAN NEEDS. | $100,000 |
BOYS AND GIRLS CLUBS OF SKAGIT COUNTY PURPOSE: OFFERING TRAINED STAFF WHO GUIDE, COACH, AND MOTIVATE KIDS TO BE SUCCESSFUL. | $50,000 |
HELEN WOODWARD ANIMAL CENTER PURPOSE: EDUCATE THE PUBLIC ON CARE AND TRAINING OF ANIMALS, OPERATE PET ADOPTION PROGRAMS AND VETERINARY HOSPITAL. | $50,000 |
BURUNDI FRIENDS INTERNATIONAL PURPOSE: FIGHTING POVERTY AND EDUCATING YOUTH IN BURUNDI, AFRICA | $75,000 |
KIDS CHANCE OF OREGON PURPOSE: PROVIDE FINANCIAL SUPPORT TO FURTHER THE EDUCATION OF THE CHILDREN OF OREGON WORKERS WHO HAVE BEEN SEVERELY DISABLED OR KILLED AS A RESULT OF WORK RELATED INJURIES OR OCCUPATIONAL DISEASES. | $25,000 |
MERCY CORPS PURPOSE: ALLEVIATE SUFFERING, POVERTY AND OPPRESSION BY HELPING PEOPLE BUILD SECURE, PRODUCTIVE AND JUST COMMUNITIES IN OVER 40 PLUS COUNTRIES | $35,000 |