William A Looney Family Foundation
- Assets
- $3.0m
- Revenue
- $1.9m
- Investments
- $2.9m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 06/2016
- Data as of
- 12/2022
- EIN
- 47-4909715
Organization Overview
William A Looney Family Foundation is located in Seattle, WA. The organization was established in 2016. 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. William A Looney Family 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 12/2022, William A Looney Family Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $15.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, William A Looney Family Foundation has awarded 18 individual grants totaling $15,265,099. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SANTA FOR SENIORS THROUGH LUTHERAN COMMUNITY SERVICES NW' MEALS ON WHEELS PROGRAM.
WHATCOM PARKS & RECREATION FOUNDATION
YWCA OF GREATER PORTLAND
ELF LOUISE CHRISTMAS PROJECT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Asher Secretary | 1 | $0 | |
Barbara Morrison Director | 0.5 | $0 | |
Ben Clupepper Director & VP | 0.5 | $0 | |
Pamela Yee Director | 0.5 | $0 | |
Steven Garber Dir. & President & Treasurer | 4 | $0 | |
Edeltraud Looney Director & Chair Of The Board | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,636,630 |
| Interest on Savings | $3 |
| Dividends & Interest | $102,904 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $125,993 |
| Capital Gain Net Income | $125,993 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,865,530 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,441 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,522 |
| Printing and publications | $0 |
| Other expenses | $3,104 |
| Total operating and administrative expenses | $57,087 |
| Contributions, gifts, grants paid | $15,042,000 |
| Total expenses and disbursements | $15,099,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,382 |
| Savings and temporary cash investments | $0 |
| 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 | $2,200 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,970,328 |
| 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, William A Looney Family Foundation has awarded $15,042,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
LUTHERAN COMMUNITY SERVICES NW PURPOSE: TO PROVIDE SUPPORT FOR SANTA FOR SENIORS OPERATIONAL - NONCASH SEE FOOTNOTE | $15,000,000 |
MERCY HOUSING NW PURPOSE: TO SUPPORT THE SENIOR PEER SUPPORT TRAINING PROGRAM AT MERCY HOUSING IN TACOMA. | $20,000 |
Reno, NV PURPOSE: TO PROVIDE SUPPORT FOR IMPROVEMENTS TO SCHOOLS PLAYGROUND | $8,000 |
ELKO YOUTH COURTS PURPOSE: TO SUPPORT THE RED ROCK RAVE TOURNAMENT EXPENSES FOR THE RUBY MOUNTAIN VOLLEYBALL CLUB | $7,500 |
GREAT BASIN COLLEGE FOUNDATION PURPOSE: TO SUPPORT THE PURCHASE OF SCRUBS FOR NURSING STUDENTS IN THE AAS NURSING PROGRAM | $4,500 |
LAMOILLE 4-H CLUB PURPOSE: TO SUPPORT THE SENIOR SERVICES PROGRAM AND OTHER PROGRAMS | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friday Foundation Medina, WA | $32,805,393 | $16,602 |
Rasmuson Foundation Anchorage, AK | $851,377,242 | $102,826,089 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
Intel Foundation Hillsboro, OR | $50,440,341 | $47,262 |
Roots And Wings Foundation Inc Seattle, WA | $315,937,030 | $249,888,695 |
Schultz Family Foundation Seattle, WA | $463,519,339 | $158,807,992 |
The Lemelson Foundation Portland, OR | $488,510,181 | $33,726,014 |
Norcliffe Foundation Seattle, WA | $18,121,640 | $25,144,033 |
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 |