Community Roots Holding Foundation

Organization Overview

Community Roots Holding Foundation is located in Seattle, WA. The organization was established in 2010. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Community Roots Holding 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 12/2021, Community Roots Holding Foundation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Community Roots Holding Foundation has awarded 17 individual grants totaling $11,437,930. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUSTAIN OPERATIONS AND SUPPORT SPECIFIC INITIATIVES OF COMMUNITY ROOTS HOUSING (FORMERLY CAPITOL HILL HOUSING).

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COMMUNITY ROOTS HOUSING FOUNDATION UNDERTAKES ANNUAL FUNDRAISING FOR UNRESTRICTED FUNDS TO SUPPORT COMMUNITY ROOTS' GENERAL OPERATING NEEDS. UNRESTRICTED FUNDS SUPPORT COMMUNITY ROOTS' CORE ACTIVITIES IN THE SEATTLE AREA BUILDING NEW AFFORDABLE HOMES FOR LOW-INCOME INDIVIDUALS AND FAMILIES AS WELL AS OPERATING AND MAINTAINING AN EXISTING PORTFOLIO OF NEARLY 1,600 AFFORDABLE HOMES FOR OVER 2,000 RESIDENTS. THIS SUPPORT ENABLES COMMUNITY ROOTS TO CREATE AFFORDABLE, QUALITY PLACES TO LIVE THAT ARE CLOSE TO SCHOOLS, JOBS, AND TRANSIT SO A FAMILY DOES NOT HAVE TO CHOOSE BETWEEN PAYING RENT AND BUYING GROCERIES. TODAY, COMMUNITY ROOTS HAS THE LARGEST PIPELINE OF NEW AFFORDABLE HOUSING PROJECTS IN THE ORGANIZATION'S HISTORY, WITH MORE THAN 1,500 NEW UNITS TO BE DELIVERED IN THE NEXT 5 YEARS.


THE FOUNDATION MOBILIZES BOTH RESTRICTED FUNDS TO SUPPORT COMMUNITY ROOTS HOUSING'S RESIDENT SERVICES PROGRAM. RESIDENT SERVICES PARTNERS WITH RESIDENTS TO ENCOURAGE SUCCESSFUL TENANCY AND HOUSING STABILITY THROUGH RESOURCE AND REFERRAL SERVICES, SUPPORTIVE PROGRAMMING, AND COMMUNITY ENGAGEMENT OPPORTUNITIES. THE PROGRAM IS GROUNDED IN THE BELIEF THAT WHEN RESIDENTS HAVE ACCESS TO THE SERVICES AND SUPPORT THEY NEED TO THRIVE AND NOT JUST SURVIVE, IT CREATES CASCADING IMPACTS OF HOUSING STABILITY, RESILIENCY, AND COMMUNITY CONNECTEDNESS.


THE FOUNDATION ALSO MOBILIZES RESTRICTED FUNDS TO SUPPORT THE CAPITOL HILL ECODISTRICT, A COMMUNITY-DRIVEN INITIATIVE THAT PROMOTES AN ENVIRONMENTALLY RESILIENT, SOCIALLY EQUITABLE, AND CULTURALLY VIBRANT NEIGHBORHOOD IN SEATTLE'S CENTER CITY. THE ECODISTRICT PARTNERS WITH A RANGE OF COMMUNITY STAKEHOLDERS, INCLUDING RESIDENTS, SMALL BUSINESSES, COMMUNITY ORGANIZATIONS, CITY OF SEATTLE AGENCIES, AND MAJOR INSTITUTIONS TO TEST INNOVATIVE SOLUTIONS TO THE LIVABILITY AND SUSTAINABILITY CHALLENGES OF THE MOST DENSELY POPULATED URBAN VILLAGE IN THE PACIFIC NORTHWEST.


IN ADDITION TO ANNUAL FUNDRAISING FOR ONGOING PROGRAMS AND GENERAL OPERATIONS, THE FOUNDATION ALSO SUPPORTS SPECIAL INITITATIVES OF COMMUNITY ROOTS HOUSING. IN 2021, THIS INCLUDED THE RISE TOGETHER, A COLLABORATIVE $40 MILLION CAPITAL CAMPAIGN THAT LAUNCHED IN LATE 2017. THE CAMPAIGN, LED BY SIX PARTNER ORGANIZATIONS, IS SUPPORTING SIX EQUITABLE DEVELOPMENT PROJECTS IN THE SEATTLE AREA THAT ADDRESS URGENT NEIGHBORHOOD ISSUES INCLUDING HOUSING AFFORDABILITY, DISPLACEMENT, COMMUNITY HEALTH, ECONOMIC DEVELOPMENT, AND CULTURAL PRESERVATION. MUCH OF THE CAPITAL FUNDS ARE FLOWING THROUGH THE FOUNDATION, THOUGH A SIGNIFICANT PORTION IS ALSO BEING SECURED BY CAMPAIGN PARTNERS. THE CAMPAIGN HAS LED TO THE LARGEST PRIVATE GIFTS IN THE FOUNDATIONS HISTORY, INCLUDING MULTIMILLIONDOLLAR GRANTS. ANOTHER EXAMPLE OF A SPECIAL INITIATIVE IS THE COVID-19 RESILIENCE FUND, WHICH WAS LAUNCHED DURING THE COVID-19 PANDEMIC AND LARGELY SUPPORTED RENTAL ASSISTANCE FOR COMMUNITY ROOTS RESIDENTS THROUGH PHILANTHROPIC GIFTS. THIS EFFORT RAISED OVER $600,000 IN 2020 AND WAS THEN CONTINUED AT A MUCH MORE MODEST SCALE IN 2021 WHEN GOVERNMENT ASSISTANCE BECAME AVAILABLE.


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Board, Officers & Key Employees

Name (title)Compensation
Margaret Pak Enslow
President
$0
Jeff Reibman
Secretary
$0
Cassandra Mitchell
Treasurer
$0
Josephine Wong
Vice President
$0
Deirdre Doyle
Immediate Past President
$0
Kiley Dhatt
Executive Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $100,000
All other contributions, gifts, grants, and similar amounts not included above$1,375,574
Noncash contributions included in lines 1a–1f $17,492
Total Revenue from Contributions, Gifts, Grants & Similar$1,475,574
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$40,755
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,434,819

Grants Awarded

Over the last fiscal year, Community Roots Holding Foundation has awarded $2,141,506 in support to 4 organizations.

Grant RecipientAmount

COMMUNITY ROOTS HOUSING

PURPOSE: SUPPORTING THE GENERAL OPERATIONS OF COMMUNITY ROOTS HOUSING, A PUBLIC DEVELOPMENT AUTHORITY. ADDITIONALLY, TO SUPPORT THE CAPITAL FUNDING OF RISE TOGETHER PROJECTS.

$2,001,139

Seattle, WA

PURPOSE: EXPENSES REIMBURSEMENT FOR GROUNDBREAKING AND CAPITAL FUNDING FOR OUR JOINT PROJECT - PRIDE PLACE.

$87,867

SOUTHWEST YOUTH AND FAMILY SERVICES

Org PageRecipient Profile

Seattle, WA

PURPOSE: CAPACITY BUILDING AS PART OF THE RISE TOGETHER CAMPAIGN.

$45,000

Seattle, WA

PURPOSE: PASSTHROUGH FROM PHPA COLLABORATIVE GRANT.

$7,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 12 grants that Community Roots Holding Foundation has recieved totaling $193,115.

Awarding OrganizationAmount
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: CAPACITY BUILDING

$53,163
Crescent Collaborative

Seattle, WA

PURPOSE: ANTI-DISPLACEMENT

$33,333
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$25,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$25,000
Seattle Audubon Society

Seattle, WA

PURPOSE: CAPITAL HILL CONNECTIONS ECO DISTRICT SUBGRANT TO ENHANCE HABITAT QUALITY AND CONNECTIVITY

$13,437
Mufg Union Bank Foundation Ag

Phoenix, AZ

PURPOSE: CHARITABLE

$10,000
View Grant Recipient Profile

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