Yakima Greenway Endowment
- Assets
- $5.8m
- Revenue
- $224.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Yakima, WA
- Founding
- 09/1997
- Data as of
- 12/2021
- EIN
- 91-1697449
Organization Overview
Yakima Greenway Endowment is located in Yakima, WA. The organization was established in 1997. According to its NTEE Classification (T30) the organization is classified as: Public 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. Yakima Greenway Endowment 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 12/2021, Yakima Greenway Endowment generated $224.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $252.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE YAKIMA GREENWAY ENDOWMENT IS A NONPROFIT ORGANIZATION CREATED TO BENEFIT THE YAKIMA GREENWAY NOW AND FOR GENERATIONS TO COME BY PROVIDING A WAY FOR INDIVIDUALS, ORGANIZATIONS AND CORPORATIONS TO CHANNEL THEIR SUPPORT FOR THE YAKIMA GREENWAY. THE ENDOWMENT PROVIDES ANNUAL CONTRIBUTIONS TO THE YAKIMA GREENWAY FOUNDATION FOR THE MAINTENANCE AND STEWARDSHIP OF THE YAKIMA GREENWAY SYSTEM OF PAVED PATHS, TRAILS AND LAKES ALONG THE YAKIMA RIVER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO YAKIMA GREENWAY FOUNDATION - DURING THE YEAR, THE ENDOWMENT MADE CONTRIBUTIONS TO THE YAKIMA GREENWAY FOUNDATION TO SUPPORT THE FOUNDATION'S EFFORTS TO CONSERVE, ENHANCE AND MAINTAIN THE YAKIMA GREENWAY. THE FUNDS PROVIDED BY THE ENDOWMENT ASSISTED THE FOUNDATION IN CARRYING OUT ONGOING REPAIRS AND MAINTENANCE TO THE SYSTEM OF PAVED PATHWAYS, PARKS AND LAKES ALONG THE YAKIMA RIVER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hamilton Licht President | OfficerTrustee | 10 | $0 |
Curtis Sundquist Vice President | OfficerTrustee | 10 | $0 |
Sean Kinney Treasurer | OfficerTrustee | 10 | $0 |
Kellie Connaughton Secretary (ex-Officio) | Officer | 1 | $0 |
Steve Wilmes Board Member | Trustee | 10 | $0 |
Ellen Jackson Board Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,944 |
| Noncash contributions included in lines 1a–1f | $944 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,944 |
| Total Program Service Revenue | $0 |
| Investment income | $101,973 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $96,647 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $224,564 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $224,202 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,463 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $252,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $616,903 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,366 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,194,499 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,820,768 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $523,341 |
| Total liabilities | $523,341 |
| Net assets without donor restrictions | $4,659,651 |
| Net assets with donor restrictions | $637,776 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,820,768 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Yakima Greenway Endowment has recieved totaling $11,500.
| Awarding Organization | Amount |
|---|---|
Yakima Kiwanis Charitable Trust Foundation Yakima, WA PURPOSE: To provide support for improvement of the Yakima Greenway | $11,500 |
Endowment Analysis
| Beg. Balance | $4,943,109 |
| Earnings | $581,039 |
| Admin Expense | $28,463 |
| Net Contributions | $25,944 |
| Other Expense | $224,202 |
| Ending Balance | $5,297,427 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Fund Beaverton, OR | $118,722,969 | $115,823,271 |
Greater Good Charities Seattle, WA | $7,916,385 | $76,960,540 |
Tisbest Philanthropy Seattle, WA | $1,169,318 | $11,028,187 |
Omprakash Inc Seattle, WA | $1,303,902 | $8,335,902 |
Momsrising Education Fund Bellevue, WA | $13,735,648 | $12,363,267 |
Community In Action Ontario, OR | $2,870,959 | $6,588,152 |
Tsf Services Seattle, WA | $41,582 | $5,196,264 |
Invested Renton, WA | $10,800,874 | $5,096,103 |
Malaria No More Fund Seattle, WA | $7,196,882 | $3,765,133 |
Emergency Feeding Program Of Seattle & King County Renton, WA | $889,754 | $3,848,246 |
Seattle International Foundation Seattle, WA | $3,557,476 | $2,971,233 |
Arctic Slope Community Foundation Anchorage, AK | $12,635,878 | $4,961,869 |