Digipen Foundation For Education
- Assets
- $18.9k
- Revenue
- $160.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Redmond, WA
- Founding
- 09/2004
- Data as of
- 05/2024
- EIN
- 20-0455971
Organization Overview
Digipen Foundation For Education is located in Redmond, WA. The organization was established in 2004. 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. Digipen Foundation For Education is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2022, Digipen Foundation For Education has awarded 37 individual grants totaling $409,000. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SCHOLARSHIPS TO DIGIPEN INSTITUTE OF TECHNOLOGY STUDENTS WHO SHOWED FINANCIAL NEED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claude Comair President | 0.1 | $0 | |
Michele Comair Vice President | 0.1 | $0 | |
Jason Chu Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $160,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $160,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $160,000 |
| Total expenses and disbursements | $160,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,865 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,865 |
| 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, Digipen Foundation For Education has awarded $160,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SPRINGER DAMIEN R PURPOSE: SCHOLARSHIP | $27,400 |
RYDER SARA ELOISE PURPOSE: SCHOLARSHIP | $28,600 |
WARD JONYTA PURPOSE: SCHOLARSHIP | $14,600 |
SCULLY CORINNA HEATHER PURPOSE: SCHOLARSHIP | $37,200 |
HERMANN BRENDAN JOEL PURPOSE: SCHOLARSHIP | $32,200 |
MOON ANDREW PURPOSE: SCHOLARSHIP | $2,000 |