Ken Birdwell Foundation
- Assets
- $107.6m
- Revenue
- $63.8m
- Investments
- $92.5m
- Employees
- 0
- Location
- Bellevue, WA
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 82-5328231
Organization Overview
Ken Birdwell Foundation is located in Bellevue, WA. The organization was established in 2019. 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. Ken Birdwell 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, Ken Birdwell Foundation generated $63.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $11.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Ken Birdwell Foundation has awarded 489 individual grants totaling $18,487,932. 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
SEE STATEMENT 12
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Jon Birdwell Board Chair | 2 | $0 | |
Rebecca Spadoni Director | 2 | $0 | |
Ken Davis Board Secretary | 2 | $24,000 | |
Keith Vernon Assistant Secretary/treasurer | 2 | $10,040 | |
Christina Engel Chief Executive Officer | 40 | $171,779 | |
Karen Toering Karen Toering | 40 | $148,622 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Clarius Group | 12/30/22 | $129,145 |
Public Profit | 12/30/22 | $86,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,770,188 |
| Interest on Savings | $0 |
| Dividends & Interest | $904,677 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $15,200,528 |
| Capital Gain Net Income | $14,528,326 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$2,057,470 |
| Total Revenue | $63,817,923 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $171,779 |
| Other employee salaries and wages | $1,566,892 |
| Pension plans, employee benefits | $594,228 |
| Interest | $0 |
| Taxes | $173,493 |
| Depreciation | $0 |
| Occupancy | $15,619 |
| Travel, conferences, and meetings | $70,611 |
| Printing and publications | $0 |
| Other expenses | $221,628 |
| Total operating and administrative expenses | $3,442,530 |
| Contributions, gifts, grants paid | $8,412,852 |
| Total expenses and disbursements | $11,855,382 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,966,193 |
| Savings and temporary cash investments | $13,101,564 |
| 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 | $28,656,630 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $107,565,585 |
| Accounts payable and accrued expenses | $35,312 |
| 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 | $35,312 |
Grants Awarded
Over the last fiscal year, Ken Birdwell Foundation has awarded $8,412,852 in support to 201 organizations.
| Grant Recipient | Amount |
|---|---|
4TH SECOND PURPOSE: ENGAGEMENT GRANT | $1,000 |
A PLACE-2-LIVE PURPOSE: CAPACITY BUILDING SUPPORT FOR: GROWTH MANAGEMENT | $38,800 |
A PLACE-2-LIVE PURPOSE: CAPACITY BUILDING SUPPORT FOR: EQUIPMENT | $10,328 |
A PLACE-2-LIVE PURPOSE: CAPACITY BUILDING SUPPORT FOR: STRATEGIC PLANNING RETREAT | $10,500 |
A PLACE-2-LIVE PURPOSE: ENGAGEMENT GRANT | $1,000 |
AFGHAN HEALTH INITIATIVE PURPOSE: CAPACITY BUILDING SUPPORT FOR: STAFFING | $43,173 |