Andrew And Rachel Skeen Foundation
- Assets
- $4.7m
- Revenue
- $200.9k
- Investments
- $4.4m
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- Data as of
- 12/2022
- EIN
- 82-3739976
Organization Overview
Andrew And Rachel Skeen Foundation is located in Bellevue, WA. 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. Andrew And Rachel Skeen 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, Andrew And Rachel Skeen Foundation generated $200.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $267.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Andrew And Rachel Skeen Foundation has awarded 44 individual grants totaling $721,700. 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 |
|---|---|---|---|
Andrew Skeen President | 1 | $0 | |
Rachel Skeen President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $380 |
| Dividends & Interest | $199,026 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,025 |
| Capital Gain Net Income | $1,025 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $496 |
| Total Revenue | $200,927 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,410 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $13,703 |
| Contributions, gifts, grants paid | $253,500 |
| Total expenses and disbursements | $267,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $79,662 |
| 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 | $204,212 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $169,317 |
| Total assets | $4,691,095 |
| 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, Andrew And Rachel Skeen Foundation has awarded $253,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BELLEVUE COLLEGE FOUNDATION PURPOSE: OPERATING GRANT | $15,000 |
BUILDING BLOCKS IN AFRICA PURPOSE: OPERATING GRANT | $60,000 |
FAIR PURPOSE: OPERATING GRANT | $12,000 |
BE HUMANITARIAN PURPOSE: OPERATING GRANT | $10,000 |
LDS PHILANTHROPIES PURPOSE: OPERATING GRANT | $110,000 |
GHANA MAKE A DIFFERENCE PURPOSE: OPERATING GRANT | $15,000 |