Bungie Foundation
- Assets
- $3.7m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 27-2313989
Organization Overview
Bungie Foundation is located in Bellevue, WA. The organization was established in 2011. 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. Bungie 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, Bungie Foundation generated $3.0m in total revenue. All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 36.5% per year over the past 5 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 2014, Bungie Foundation has awarded 739 individual grants totaling $2,432,524. 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 IPADS FOR KIDS PROGRAM AT SEATTLE CHILDREN'S HOSPITAL LAUNCHED IN 2012. IN 2021, THE PROGRAM SERVED MORE THAN 200,000 PATIENTS WITHIN ALL INPATIENT UNITS OF THE HOSPITAL, BOTH BY LOANING CUSTOMIZED IPADS TO PATIENTS STAYING IN THE HOSPITAL, AS WELL AS PROVIDING IPADS TO HOSPITAL STAFF TO USE IN THEIR DIRECT INTERVENTIONS WITH PATIENTS. HOSPITAL STAFF INCLUDES CHILD LIFE SPECIALISTS, MUSIC THERAPY, ART THERAPY, AND RECREATION THERAPY.
THE BUNGIE FOUNDATION PARTNERS WITH MAKE A WISH ALASKA & WASHINGTON CHAPTER TO GRANT WISHES IN TWO WAYS - WE HOST CHILDREN AND THEIR FAMILIES AT BUNGIE TO GIVE THEM AN EXCLUSIVE TOUR OF OUR FACILITIES, AS WELL AS ALLOW THEM TO ACTIVELY PARTICIPATE IN BUNGIE ACTIVIITES SUCH AS MOTION CAPTURE, VOICE RECORDING, GAMEPLAY, AND ONE ON ONE LESSONS WITH OUR STAFF. THE SECOND WAY IN WHICH WE GRANT WISHES IS BY PURCHASING AND FACILITATING THE DELIVERY/INSTALLMENT OF ALL ELECTRONIC WISHES FOR THE AK & WA CHAPTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Edwards Director | 40 | $195,119 | |
Austin Schlictman Foundation Program S | 40 | $82,550 | |
Sountary Lim Foundation Program S | 40 | $80,370 | |
Don Mcgowan Secretary | 0.5 | $0 | |
Pete Parsons Director | 0.5 | $0 | |
Ondraus Jenkins President | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Solutions With Impact | 12/30/21 | $150,000 |
Xtream Events Llc | 12/30/21 | $150,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,023,887 |
| Interest on Savings | $7,271 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,077 |
| Capital Gain Net Income | $7,077 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,038,235 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $195,119 |
| Other employee salaries and wages | $208,655 |
| Pension plans, employee benefits | $59,637 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $904,199 |
| Total operating and administrative expenses | $1,691,174 |
| Contributions, gifts, grants paid | $961,819 |
| Total expenses and disbursements | $2,652,993 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,678,913 |
| 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 | $3,678,913 |
| Accounts payable and accrued expenses | $314,916 |
| 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 | $314,916 |
Grants Awarded
Over the last fiscal year, Bungie Foundation has awarded $961,819 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Aurora, CO PURPOSE: GENERAL FUNDING GRANT | $429,420 |
TEAM RUBICON PURPOSE: GENERAL FUNDING GRANT | $125,000 |
DIRECT RELIEF PURPOSE: GENERAL FUNDING GRANT | $100,000 |
SEATTLE CHILDRENS HOSPITAL FOUNDATION PURPOSE: GENERAL FUNDING GRANT | $71,845 |
MAKE A WISH PURPOSE: SPONSORSHIPS | $65,000 |
SEATTLE CHILDRENS HOSPITAL FOUNDATION PURPOSE: SPONSORSHIPS | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Bungie Foundation has recieved totaling $38,009.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $20,742 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $15,598 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,190 |
Jamf Nation Global Foundation Minneapolis, MN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $156 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $150 |
Jamf Nation Global Foundation Minneapolis, MN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $123 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilburforce Foundation Seattle, WA | $159,747,435 | $25,133,506 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Islands Foundation Richland, WA | $219,157,832 | $26,464,404 |
Oscar T And Olivann Hokoldfoundation Lakewood, WA | $0 | $15,898,165 |
William A Looney Family Foundation Seattle, WA | $2,970,328 | $1,865,530 |
Fairview Foundation Seattle, WA | $22,161,652 | $15,221,518 |
Roundhouse Foundation Irrv Charitable Tr Sisters, OR | $376,773,592 | $260,472,613 |
James D And Sherry Raisbeck Foundation Seattle, WA | $19,522,688 | $18,818,250 |
Stolte Family Foundation Seattle, WA | $78,833,189 | $10,332,086 |
The Robert P Rotella Foundation Bellevue, WA | $0 | $9,974 |
Cambia Health Foundation Portland, OR | $95,632,719 | $22,110,074 |
All Alaska Longshore Health And Welfare Trust Fund Portland, OR | $15,094,245 | $10,298,043 |