The Moraine Foundation is located in Seattle, WA. The organization was established in 2006. 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. Moraine Foundation 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 12/2022, Moraine Foundation generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Moraine Foundation has awarded 42 individual grants totaling $16,503,769. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan W Pohl President | 2 | $0 | |
John C Pohl Secretary/treasurer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $704,432 |
| Interest on Savings | $0 |
| Dividends & Interest | $552,792 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $259 |
| Capital Gain Net Income | $259 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,257,483 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,310 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $247 |
| Total operating and administrative expenses | $39,829 |
| Contributions, gifts, grants paid | $2,005,000 |
| Total expenses and disbursements | $2,044,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $481,960 |
| 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 | $4,124,366 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $75 |
| Total assets | $4,606,401 |
| 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 |
Over the last fiscal year, The Moraine Foundation has awarded $4,020,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE SUCCESS FOUNDATION PURPOSE: LEADERSHIP 1000 SCHOLARSHIP PROGRAM | $30,000 |
DICKINSON COLLEGE PURPOSE: ARCTIC AND ALPINE STUDIES | $400,000 |
NATIONAL PARKS CONSERVATION ASSOCIATION PURPOSE: CLEAN AIR AND CLIMATE | $500,000 |
BOYS AND GIRLS CLUBS OF KING COUNTY - LOWELL ELEMENTARY PURPOSE: SCHOLARSHIP FUND | $25,000 |
SMITHSONIAN NATIONAL MUSEUM OF NATURAL HISTORY PURPOSE: PEOPLE IN NATURE EXPERIENCE | $1,000,000 |
ART CORPS PURPOSE: ARTS LEARNING FOR YOUNG PEOPLE | $15,000 |