Blood Center Foundation Of The Inland Northwest
- Assets
- $9.4m
- Revenue
- $520.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Spokane, WA
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 46-4347438
Organization Overview
Blood Center Foundation Of The Inland Northwest is located in Spokane, WA. The organization was established in 2014. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blood Center Foundation Of The Inland Northwest 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, Blood Center Foundation Of The Inland Northwest generated $520.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $480.2k during the year ending 12/2021. While expenses have increased by 19.7% per year over the past 7 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 2015, Blood Center Foundation Of The Inland Northwest has awarded 28 individual grants totaling $1,639,844. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INVEST IN HEALTHCARE EDUCATION, RESEARCH AND TECHNOLOGY THROUGHOUT THE INLAND NORTHWEST
Describe the Organization's Program Activity:
Part 3 - Line 4a
IDENTIFY AND CULTIVATE POTENTIAL DONORS, RECEIVE CONTRIBUTIONS IN SUPPORT OF THE MISSION, OVERSEE INVESTMENT OF THE ENDOWMENT, REVIEW GRANT REQUESTS, AND DISTRIBUTE FUNDS TO THOSE GRANT RECIPIENTS CHOSEN FROM THE SELECTION PROCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Montague MD Secretary/treasurer | OfficerTrustee | 2 | $0 |
William Dittman Jr MD Board Chair | OfficerTrustee | 2 | $0 |
Tricia Cheevers Executive Director | Officer | 40 | $0 |
Jennifer Hawkins Trustee | Trustee | 2 | $0 |
Sid Kasuga PHD Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $59,100 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $753 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,853 |
| Total Program Service Revenue | $0 |
| Investment income | $376,971 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $127,342 |
| Net Income from Fundraising Events | -$44,154 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $520,012 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $315,603 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,289 |
| Compensation of current officers, directors, key employees. | $11,800 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,299 |
| Payroll taxes | $7,011 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,083 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,985 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,508 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $159 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,508 |
| All other expenses | $0 |
| Total functional expenses | $480,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $235,278 |
| Savings and temporary cash investments | $239,285 |
| Pledges and grants receivable | $882,715 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $8,016,142 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,374,420 |
| Accounts payable and accrued expenses | $500 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $500 |
| Net assets without donor restrictions | $686,313 |
| Net assets with donor restrictions | $8,687,607 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,374,420 |
Grants Awarded
Over the last fiscal year, Blood Center Foundation Of The Inland Northwest has awarded $390,265 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Scottsdale, AZ PURPOSE: PROGRAM SUPPORT, COVID ANTIBODY TESTING AND EQUIPMENT | $337,403 |
Cheney, WA PURPOSE: BIOLOGY LAB EQUIPMENT | $25,000 |
Pullman, WA PURPOSE: INTERNSHIPS | $8,500 |
Lewiston, ID PURPOSE: PHLEBOTOMY PROGRAM | $6,822 |
Coeur Dalene, ID PURPOSE: PHLEBOTOMY PROGRAM | $6,540 |
Pullman, WA PURPOSE: INTERNSHIPS | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Blood Center Foundation Of The Inland Northwest has recieved totaling $11.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Endowment Analysis
| Beg. Balance | $7,341,930 |
| Earnings | $904,197 |
| Admin Expense | $41,985 |
| Other Expense | $188,000 |
| Ending Balance | $8,016,142 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Service Employees Health And Welfare Trust Seattle, WA | $47,657,399 | $43,804,686 |
Greater Fairbanks Community Hospital Foundation Inc Fairbanks, AK | $517,877,782 | $49,411,110 |
Sheet Metal Workers 16 Health And Welfare Fund Portland, OR | $48,597,003 | $31,256,825 |
Inlandboatmens Union Of The Pacific National Health & Welfare Trust Seattle, WA | $51,210,144 | $31,711,005 |
Machinists Health And Welfare Trust Fund Seattle, WA | $52,643,086 | $28,345,807 |
Hilltop Regional Health Center Tacoma, WA | $0 | $26,653,011 |
Covenant Physician Partners Inc Renton, WA | $20,551,600 | $16,901,042 |
Eba-Pge-Ibew Local Union 125 Health & Welfare Trust Tukwila, WA | $8,917,739 | $18,022,514 |
Providence St Vincent Medical Foundation Portland, OR | $302,625,014 | $42,114,354 |
Overlake Hospital Foundation Bellevue, WA | $26,396,715 | $13,671,276 |
Providence Portland Medical Foundation Portland, OR | $219,001,384 | $22,077,699 |
Alaska Carpenters Health & Welfare Trust Fund Seattle, WA | $29,936,146 | $14,215,183 |