Welchwood Foundation Inc
- Assets
- $0.0
- Revenue
- $252.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 01/2008
- Data as of
- 06/2021
- EIN
- 20-3199483
Organization Overview
Welchwood Foundation Inc is located in Seattle, WA. The organization was established in 2008. 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. Welchwood Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Welchwood Foundation Inc generated $252.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $19.2k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Welchwood Foundation Inc has awarded 99 individual grants totaling $1,106,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marjorie W Drackett President | 0 | $0 | |
Charles M Drackett Jr Secretary/ Treasurer | 0 | $0 | |
Anne D Thomas Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10,032 |
| Dividends & Interest | $44,667 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $197,294 |
| Capital Gain Net Income | $199,413 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $251,993 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,381 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19,176 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $19,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Welchwood Foundation Inc has awarded $230,000 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF CORKSCREW SWAMP SANCTUARY PURPOSE: TO FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $10,000 |
ARTIS - NAPLES PURPOSE: TO FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $5,000 |
BEREA COLLEGE PURPOSE: TO FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $13,000 |
CINCINNATI NATURE CENTER PURPOSE: TO FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $15,000 |
CINCINNATI PARKS FOUNDATION PURPOSE: TO FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $20,000 |
CINCINNATI NATURE CENTER PURPOSE: TO FURTHER THE ORGANIZATION'S CHARITABLE GOALS | $25,000 |