Thrive Causemetics Foundation
- Assets
- $5.6m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- Data as of
- 02/2021
- EIN
- 82-4806875
Organization Overview
Thrive Causemetics Foundation is located in Bellevue, WA. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Thrive Causemetics 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 02/2021, Thrive Causemetics Foundation generated $8.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (36.2%) each year. All expenses for the organization totaled $23.8m during the year ending 02/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Thrive Causemetics Foundation has awarded 20 individual grants totaling $140,246,303. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
I SUPPORT THE GIRLS: THROUGH AN INTERNATIONAL NETWORK OF AFFILIATES, I SUPPORT THE GIRLS COLLECTS AND DISTRIBUTES ESSENTIAL ITEMS, INCLUDING BRAS, UNDERWEAR, AND MENSTRUAL HYGIENE PRODUCTS, ALLOWING WOMEN EXPERIENCING HOMELESSNESS, IMPOVERISHMENT, OR DISTRESS TO STAND TALL WITH DIGNITY. $4,464,240 IN BEAUTY PRODUCTS (186,010 UNITS)THRIVE CAUSEMETICS, INC. IS A FOR PROFIT ENTITY THAT DEVELOPS AND SELLS HIGH PERFORMANCE BEAUTY PRODUCTS. FOR EVERY PRODUCT PURCHASED FROM THRIVE CAUSEMETICS, INC., THRIVE CAUSEMETICS, INC. DONATES A PRODUCT TO THRIVE CAUSEMETICS FOUNDATION (THE "FOUNDATION") WHICH THEN DONATES THAT OR A DIFFERENT PRODUCT TO 50L(C)(3) ORGANIZATIONS THAT SUPPORT WOMEN IN NEED (E.G., WOMEN OVERCOMING CHALLENGES SUCH AS DOMESTIC ABUSE, HOMELESSNESS OR HEALTH ISSUES LIKE CANCER)DEPENDING ON THE NEEDS EXPRESSED BY THE APPLICABLE RECIPIENT ORGANIZATION. IN ADDITION TO DIRECT PRODUCT DONATIONS, THE FOUNDATION COLLABORATES WITH ORGANIZATIONS SUPPORTING WOMEN TO HOST COMMUNITY-BUILDIN
DRESS FOR SUCCESS: THE MISSION OF DRESS FOR SUCCESS IS TO EMPOWER WOMEN TO ACHIEVE ECONOMIC INDEPENDENCE BY PROVIDING A NETWORK OF SUPPORT, PROFESSIONAL ATTIRE AND THE DEVELOPMENT TOOLS TO HELP WOMEN THRIVE IN WORK AND IN LIFE. $3,525,840 IN BEAUTY PRODUCTS (147,400 UNITS)
NATIONAL BREAST CANCER FOUNDATION: THE NATIONAL BREAST CANCER FOUNDATION IS A U.S. BREAST CANCER ORGANIZATION THAT PROMOTES BREAST CANCER AWARENESS AND EDUCATION, PROVIDES FREE SCREENING SERVICES, AND SUPPORTS BREAST CANCER PATIENTS AND SURVIVORS. $1,190,480 IN BEAUTY PRODUCTS (49,330 UNITS)
PINK PEPPERMINT PROJECT: OUR MISSION IS TO EDUCATE, EMPOWER, AND ADVOCATE FOR, AND IMPROVE THE OVERALL HEALTH AND WELLNESS FOR WOMEN AND CAREGIVERS THROUGH OUTREACH, EDUCATION, PROGRAMS, AND PREVENTION AFFECTED BY A BREAST CANCER DIAGNOSIS. $593,880 BEAUTY PRODUCTS (20,224 UNITS)
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karissa Bodnar President | 0 | $0 | |
Ned Menninger Secretary | 0 | $0 | |
Jessica Bodnar Fox Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,797,196 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,797,196 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $181,250 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,942,663 |
| Total operating and administrative expenses | $7,226,715 |
| Contributions, gifts, grants paid | $16,539,408 |
| Total expenses and disbursements | $23,766,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,141 |
| 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 | $5,531,801 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,555,942 |
| 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, Thrive Causemetics Foundation has awarded $16,539,408 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS SEE ATTACHED PURPOSE: SEE ATTACHED | $6,764,968 |
I SUPPORT THE GIRLS PURPOSE: END HOMELESSNESS FOR WOMEN IN GREATER LOS ANGELES THROUGH HOUSING, WELLNESS, EMPLOYMENT, AND ADVOCACY | $4,464,240 |
DRESS FOR SUCCESS PURPOSE: IMPROVE THE QUALITY OF LIFE AND SELF-ESTEEM OF PEOPLE UNDERGOING CANCER TREATMENT | $3,525,840 |
NATIONAL BREAST CANCER FOUNDATION PURPOSE: SUPPORT WOMEN WITH CANCER THROUGH MAKEOVER EVENTS | $1,190,480 |
PINK PEPPERMINT PROJECT PURPOSE: ENSURE ADOLESCENTS AND YOUNG ADULTS HAVE NO BARRIERS TO SURVIVE AND THRIVE AFTER A CANCER DIAGNOSIS | $593,880 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thrive Causemetics Foundation Bellevue, WA | $5,555,942 | $8,797,196 |
Micron Technology Foundation Inc Boise, ID | $125,043,825 | $15,658,941 |
Mount Baker Foundation Bellingham, WA | $42,225,548 | $9,346,004 |
Craig And Susan Mccaw Foundation Kirkland, WA | $12,162,493 | $989,970 |
Mona Foundation Bellevue, WA | $4,431,589 | $2,318,161 |
Allen Institute For Artificial Intelligence Seattle, WA | $34,288 | $1,296,035 |
Sunbridge Foundation Seattle, WA | $16,943,375 | $1,420,322 |
Evertrust Foundation Everett, WA | $7,898,804 | $1,055,005 |
Washington Federal Foundation Seattle, WA | $444,132 | $1,000,247 |
Arthur M James Family Foundation Seaside, OR | $0 | $233,564 |
Guidance Foundation Portland, OR | $0 | $19,812 |
The Frederick D & Gail Y Jubitz Foundation Hillsboro, OR | $3,589,858 | $1,270,758 |