Roots And Wings Foundation Inc
- Assets
- $498.0m
- Revenue
- $200.5m
- Investments
- $431.2m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 32-0581904
Organization Overview
Roots And Wings Foundation Inc is located in Seattle, WA. The organization was established in 2019. 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. Roots And Wings 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 12/2023, Roots And Wings Foundation Inc generated $200.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $48.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Roots And Wings Foundation Inc has awarded 1,131 individual grants totaling $144,042,465. 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 |
|---|---|---|---|
Shana Dall'osto Executive Director | 36 | $171,563 | |
Judith Faulkner President | 1 | $0 | |
Gordon Faulkner Secretary | 1 | $0 | |
Courtney Jiles Program Officer | 40 | $156,800 | |
Nicole Smith Program Officer | 32 | $158,605 | |
Jamie Carroll Grants Manager | 40 | $128,600 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Provident Trust Co | 12/30/23 | $1,043,323 |
John F Suby & Associates | 12/30/23 | $772,982 |
Goldman Sachs | 12/30/23 | $579,296 |
Brotherton Strategies | 12/30/23 | $98,983 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $201,663,289 |
| Interest on Savings | $2,908,165 |
| Dividends & Interest | $5,353,243 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,464,243 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $200,460,454 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $171,563 |
| Other employee salaries and wages | $513,796 |
| Pension plans, employee benefits | $111,479 |
| Interest | $0 |
| Taxes | $113,271 |
| Depreciation | $0 |
| Occupancy | $33,631 |
| Travel, conferences, and meetings | $39,639 |
| Printing and publications | $0 |
| Other expenses | $271,726 |
| Total operating and administrative expenses | $3,887,529 |
| Contributions, gifts, grants paid | $44,976,065 |
| Total expenses and disbursements | $48,863,594 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $64,941,875 |
| 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 | $8,269 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,798,913 |
| Net Land, buildings, and equipment | $1,759,508 |
| Other assets | $15,454 |
| Total assets | $497,952,730 |
| Accounts payable and accrued expenses | $14,556 |
| Grants payable | $80,000 |
| 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 | $94,556 |
Grants Awarded
Over the last fiscal year, Roots And Wings Foundation Inc has awarded $52,666,065 in support to 451 organizations.
| Grant Recipient | Amount |
|---|---|
2ND HARVEST FOODBANK OF S WISCONSIN PURPOSE: HONORARIUM | $350 |
2ND HARVEST FOODBANK OF S WISCONSIN PURPOSE: UNRESTRICTED GRANT | $400,000 |
2ND HARVEST FOODBANK OF S WISCONSIN PURPOSE: EMPLOYEE MATCHING DONATION | $500 |
ABC FOR HEALTH PURPOSE: UNRESTRICTED GRANT | $125,000 |
ACCESS COMMUNITY HEALTH CENTERS PURPOSE: STRONG START FOR KIDS, STRONG COMMUNITIES, STRONG MINDS | $300,000 |
ACCESS COMMUNITY HEALTH NETWORK PURPOSE: STRONG START FOR KIDS, STRONG COMMUNITIES, STRONG MINDS | $385,000 |