Sequim Masonic Lodge Foundation is located in Carlsborg, WA. The organization was established in 1978. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sequim Masonic Lodge 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, Sequim Masonic Lodge Foundation generated $36.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $31.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sequim Masonic Lodge Foundation has awarded 86 individual grants totaling $133,000. 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
SCHOLARSHIPS TO STUDENTS OF SEQUIM SCHOOL DISTRICT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Clark Officer | 0 | $0 | |
Robert Rodgers None | 0 | $0 | |
Ronald Turner None | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $303 |
| Dividends & Interest | $29,548 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,074 |
| Capital Gain Net Income | $5,301 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $36,925 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $589 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $763 |
| Total operating and administrative expenses | $10,410 |
| Contributions, gifts, grants paid | $21,500 |
| Total expenses and disbursements | $31,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,918 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $16,226 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,096,971 |
| 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 |
Over the last fiscal year, Sequim Masonic Lodge Foundation has awarded $21,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
2021 SCHOLORSHIP PURPOSE: SCHOLORSHIP | $1,500 |
MELANIE BYRNE PURPOSE: SCHOLORSHIP | $2,000 |
PRYCE GLASSER PURPOSE: SCHOLORSHIP | $2,000 |
AMELIA HERMANN PURPOSE: SCHOLORSHIP | $2,000 |
THOMAS HUGHES PURPOSE: SCHOLORSHIP | $2,000 |
RILEY PYEATT PURPOSE: SCHOLORSHIP | $2,000 |