Quest For Truth Foundation
- Assets
- $3.3m
- Revenue
- $293.0k
- Investments
- $3.3m
- Employees
- 0
- Location
- Bainbridge Island, WA
- Founding
- 08/1983
- Data as of
- 09/2023
- EIN
- 91-1190760
Organization Overview
Quest For Truth Foundation is located in Bainbridge Island, WA. The organization was established in 1983. 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. Quest For Truth 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 09/2023, Quest For Truth Foundation generated $293.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $643.6k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Quest For Truth Foundation has awarded 108 individual grants totaling $4,224,527. 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 |
|---|---|---|---|
Jennifer Lewis Secretary | 1 | $0 | |
Claire Henke Cramer Treasurer | 1 | $0 | |
Paul K Scripps Vice President | 1 | $0 | |
Marion W Roozen President | 1 | $0 | |
Roxanne D Greene Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,464 |
| Dividends & Interest | $252,129 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,452 |
| Capital Gain Net Income | $28,452 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $293,045 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $57 |
| Total operating and administrative expenses | $57 |
| Contributions, gifts, grants paid | $643,527 |
| Total expenses and disbursements | $643,584 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,343 |
| 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 | $1,363,293 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,291,161 |
| 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 | $2 |
| Total liabilities | $2 |
Grants Awarded
Over the last fiscal year, Quest For Truth Foundation has awarded $643,527 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BLOODWORKS NW PURPOSE: GRANT TO SUPPORT A PROJECT IN THE AREA OF PUBLIC EDUCATION AND COMMUNITY OUTREACH | $100,000 |
NW SCHOOL DEAF AND HARD OF HEARING PURPOSE: TO SUPPORT THE DISSEMINATION TO EDUCATORS AND THE PUBLIC OF TEACHING TECHNIQUES THAT IMPROVE THE QUALITY OF DEAF EDUCATION | $75,000 |
THE BURKE MUSEUM PURPOSE: GRANT TO SUPPORT PROGRAMS OF THE MUSEUM | $50,527 |
SAN JUAN PRESERVATION TRUST PURPOSE: FOR THE PRESEVATION OF THE SAN JUAN ISLANDS | $40,000 |
STRONG AGAINST CANCER PURPOSE: TO RESEARCH IN T-CELL IMMUNOTHERAPY DIRECTED BY DR. JENSEN AND HIS TEAM | $143,000 |
NEUROPSYCHOLOGY FOUNDATION PURPOSE: GENERAL SUPPORT AND OUTREACH | $10,000 |