Becu Foundation

Organization Overview

Becu Foundation is located in Tukwila, WA. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Becu 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 12/2021, Becu Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $990.6k during the year ending 12/2021. While expenses have increased by 19.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Becu Foundation has awarded 613 individual grants totaling $2,265,746. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $871,034
Interest on Savings $86
Dividends & Interest $93,778
Net Rental Income$0
Net Gain on Sale of Assets $59,430
Capital Gain Net Income $59,430
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,024,328

Grants Awarded

Over the last fiscal year, Becu Foundation has awarded $723,667 in support to 89 organizations.

Grant RecipientAmount

WASHINGTON STATE OPPORTUNITY SCHOLARSHIP (WSOS)

PURPOSE: SCHOLARSHIPS FOR LOW AND MIDDLE-INCOME WASHINGTON STUDENTS

$307,500

NORTHWEST INNOVATION RESEARCH CENTER

Org PageRecipient Profile

Bellingham, WA

PURPOSE: MOMENTUM GRANTS

$50,000

MERCY CORPS

PURPOSE: MOMENTUM GRANTS

$50,000

COMMUNITY CREDIT LAB

Org PageRecipient Profile

Seattle, WA

PURPOSE: MOMENTUM GRANTS

$50,000

CENTER FOR INCLUSIVE ENTREPRENEU

PURPOSE: MOMENTUM GRANTS

$50,000

NHAN KRISTY

PURPOSE: SCHOLARSHIP

$3,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Becu Foundation has recieved totaling $657,270.

Awarding OrganizationAmount
Credit Unions In The State Of Washington

Tukwila, WA

PURPOSE: PROVIDE ADMINISTRATIVE OPERATIONS FOR THE BECU FOUNDATION

$657,270
View Grant Recipient Profile

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