Equinox Foundation Inc
- Assets
- $6.5m
- Revenue
- $1.5m
- Investments
- $6.4m
- Employees
- 0
- Location
- Sandpoint, ID
- Founding
- 12/2005
- Data as of
- 12/2021
- EIN
- 20-3751438
Organization Overview
Equinox Foundation Inc is located in Sandpoint, ID. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Equinox 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 12/2021, Equinox Foundation Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $378.4k during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Equinox Foundation Inc has awarded 217 individual grants totaling $3,188,594. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EQUINOX FOUNDATION PARTNERS WITH INNOVIA FOUNDATION (FORMERLY INLAND NORTHWEST COMMUNITY FOUNDATION) TO PROVIDE A GRANT PROGRAM FOR THE BENEFIT OF THE COMMUNITIES IN BONNER AND BOUNDARY COUNTIES OF NORTH IDAHO. THIS FAMILY FOUNDATION WAS FOUNDED ON THE VALUES OF WISDOM, INTEGRITY AND ENVIRONMENTAL STEWARDSHIP. IT IS THE EQUINOX FOUNDATION'S MISSION TO PROTECT THE NATURAL ASSETS OF THIS REGION AND TO SUPPORT ECOLOGICALLY SUSTAINABLE SOLUTIONS FOR GROWTH AND DEVELOPMENT. IT IS EQUALLY IMPORTANT TO THE EQUINOX FOUNDATION TO NURTURE THE LONG-TERM HEALTH OF THE REGION BY SUPPORTING POSITIVE OPPORTUNITIES FOR YOUTH. EQUINOX FOUNDATION VISION: TO MAINTAIN A HEALTHY ENVIRONMENT TO PROTECT OUR WATERWAYS, WETLANDS AND NATURAL AREAS TO PROVIDE FOR MORE PARKS, TRAILS AND OPEN SPACE TO PROMOTE EDUCATIONAL, RECREATIONAL AND ARTS OPPORTUNITIES FOR YOUTH TO PROVIDE FOR LONG-TERM HEALTH AND VIABILITY OF OUR COMMUNITIES TO USE COLLABORATION TO AID UNDERSTANDING AND TO GROW WISELY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Ted Diehl Secretary | 1 | $0 | |
Susan L Kubiak Vp/treasurer | 1 | $0 | |
Mark S Kubiak Director | 1 | $0 | |
Steve Meyer Director | 1 | $0 | |
Julie R Meyer President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $41,960 |
| Dividends & Interest | $72,185 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,407,148 |
| Capital Gain Net Income | $1,407,148 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,523,293 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,208 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,272 |
| Total operating and administrative expenses | $44,820 |
| Contributions, gifts, grants paid | $333,600 |
| Total expenses and disbursements | $378,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,711 |
| Savings and temporary cash investments | $58,134 |
| 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 | $80,813 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,516,923 |
| 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, Equinox Foundation Inc has awarded $333,600 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
SANDPOINT COMMUNITY RESOURCE CENTER PURPOSE: ENVISION CENTER OPENING | $20,000 |
PRIEST RIVER LAMANNA HIGH SCHOOL PURPOSE: AGOGE AFTERSCHOOL PROGRAM | $20,000 |
Priest River, ID PURPOSE: OPERATING SUPPORT | $15,000 |
BOUNDARY COUNTY PARKS AND RECREATIO PURPOSE: MEMORIAL PARK PUBLIC RESTROOM & CONC | $15,000 |
FRIENDS OF THE SHELTER DBA BETTER T PURPOSE: ONE HEALTH | $15,000 |
Sandpoint, ID PURPOSE: KEEPING NORTH IDAHO WATERS SWIMMABLE | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bezos Family Foundation Seattle, WA | $130,746,152 | $60,417,966 |
Holland M Ware Charitable Foundation Eagle, ID | $219,618,856 | $24,900,954 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |
Sorenson Legacy Foundation Midvale, UT | $495,708,411 | $38,649,828 |
Cyrus Tang Foundation Las Vegas, NV | $882,448,132 | $23,435,848 |
Kate B Reynolds Charitable Trust Las Vegas, NV | $458,547,474 | $24,205,244 |
Raikes Foundation Seattle, WA | $117,221,519 | $16,360,598 |
Aldarra Foundation Seattle, WA | $1,907,346 | $20,570,824 |
Charles K Blandin Residuary Trust 30/15962 Las Vegas, NV | $0 | $17,582,870 |
Troesh Family Foundation Henderson, NV | $90,271,272 | $18,993,634 |
Bia Echo Foundation Reno, NV | $26,357,504 | $25,798,977 |
James F And Marion L Miller Foundation Portland, OR | $164,280,841 | $30,090,803 |