Thomas V Giddens Foundation
- Assets
- $18.7m
- Revenue
- $1.3m
- Investments
- $17.4m
- Employees
- 0
- Location
- Fircrest, WA
- Founding
- 08/2004
- Data as of
- 05/2022
- EIN
- 41-2047741
Organization Overview
Thomas V Giddens Foundation is located in Fircrest, WA. The organization was established in 2004. 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. Thomas V Giddens 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 05/2022, Thomas V Giddens Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (32.8%) each year. All expenses for the organization totaled $1.4m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Thomas V Giddens Foundation has awarded 297 individual grants totaling $7,465,400. 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 |
|---|---|---|---|
Mark Kotnour Director | 40 | $159,000 | |
Richard Watkins President And Director | 40 | $159,000 | |
Sam Watkins Director | 8 | $12,000 | |
Timothy Kotnour Director | 8 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $534,453 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $656,909 |
| Capital Gain Net Income | $656,909 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $119,828 |
| Total Revenue | $1,311,190 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $342,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $359 |
| Interest | $0 |
| Taxes | $49,466 |
| Depreciation | $0 |
| Occupancy | $8,760 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,739 |
| Total operating and administrative expenses | $484,860 |
| Contributions, gifts, grants paid | $872,500 |
| Total expenses and disbursements | $1,357,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,325,540 |
| 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 | $17,409,857 |
| Net Land, buildings, and equipment | $1,509 |
| Other assets | $800 |
| Total assets | $18,737,706 |
| 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, Thomas V Giddens Foundation has awarded $872,500 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
Cleburne, TX PURPOSE: SUPPORT, COUNSELLING AND EDUCATION FOR CHILDREN OF SEXUAL ABUSE | $100,000 |
RUTH'S PLACE PURPOSE: ACADEMIC AND MEDICAL SUPPORT FOR CHILDREN | $65,000 |
OLIVE CREST-SAFE FAMILIES PURPOSE: ALTERNATIVE TO FOSTER CARE PLACEMENT | $40,000 |
GRANBURY ISD PURPOSE: EDUCATION SUPPORT AND LEADERSHIP TRAINING FOR CHILDREN | $40,000 |
Granbury, TX PURPOSE: SUPPORT, COUNSELLING AND EDUCATION FOR CHILDREN OF SEXUAL ABUSE | $40,000 |
MISSION GRANBURY PURPOSE: HELPS FAMILIES ADDRESS CHILD ABUSE THROUGH FOSTER CARE ASSISTANCE AND FAMILY COUNSELLING | $40,000 |
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 |