Goosefoot Community Fund A Not For Profit Corporation
- Assets
- $15.0m
- Revenue
- $1.8m
- Investments
- $2.7m
- Employees
- 0
- Location
- Langley, WA
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 91-1960139
Organization Overview
Goosefoot Community Fund A Not For Profit Corporation is located in Langley, WA. The organization was established in 2001. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Goosefoot Community Fund A Not For Profit Corporation 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, Goosefoot Community Fund A Not For Profit Corporation generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 8.9% 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, Goosefoot Community Fund A Not For Profit Corporation has awarded 83 individual grants totaling $1,176,772. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
PRESERVATION OF HISTORIC BUILDINGS, RURAL CHARACTER AND NATURAL ENVIRONMENT OF ISLAND COUNTY THROUGH ECONOMIC DEVELOPMENT TO COMBAT COMMUNITY DETERIORATION.
COMMUNITY AND CULTURAL DEVELOPMENT BY HOLDING EVENTS AND A WEEKLY FARMER'S MARKET (EVENTS CURTAILED DUE TO PANDEMIC).
WORK COLLABORATIVELY WITH LOCAL NONPROFITS BY PROVIDING DIRECT MONETARY GRANTS FOR ESSENTIAL NEEDS AND EMERGENCY SERVICES. PROVIDE FREE COMMUNITY SPACE IN OUR BUILDING TO HOLD MEETINGS, WORKSHOPS AND CLASSES (UNDER PUBLIC HEALTH GUIDELINES).
ENHANCE LOCAL COMMERCE AND SUSTAINABILITY BY WORKING WITH LOCAL FARMERS AND OTHER COMMUNITY ORGANIZATIONS TO ENCOURAGE ECONOMIC GROWTH. PROVIDE SMALL BUSINESS WORKSHOPS TO INCUBATE NEW BUSINESS DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Whiting Executive Director | 40 | $91,965 | |
Marian Myszkowski Program Director | 40 | $81,070 | |
K Rose Hughes Finance Director | 40 | $51,747 | |
Chris Salomone President | 10 | $0 | |
Jean Singer Past President | 5 | $0 | |
Bob Gentz Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,144 |
| Interest on Savings | $3,364 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,749,468 |
| Total Revenue | $1,759,976 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $91,965 |
| Other employee salaries and wages | $249,486 |
| Pension plans, employee benefits | $49,464 |
| Interest | $96,969 |
| Taxes | $279,338 |
| Depreciation | $280,133 |
| Occupancy | $246,062 |
| Travel, conferences, and meetings | $521 |
| Printing and publications | $1,712 |
| Other expenses | $105,126 |
| Total operating and administrative expenses | $1,578,111 |
| Contributions, gifts, grants paid | $183,891 |
| Total expenses and disbursements | $1,762,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,293 |
| Savings and temporary cash investments | $520,857 |
| Net Accounts receivable | $26,013 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $109,697 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $33,943 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,679,714 |
| Net Land, buildings, and equipment | $11,611,280 |
| Other assets | $0 |
| Total assets | $15,049,797 |
| Accounts payable and accrued expenses | $81,764 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $2,271,486 |
| Other liabilities | $0 |
| Total liabilities | $2,353,250 |
Grants Awarded
Over the last fiscal year, Goosefoot Community Fund A Not For Profit Corporation has awarded $183,891 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Coupeville, WA PURPOSE: GENERAL SUPPORT | $30,000 |
ISLAND SENIOR RESOURCES PURPOSE: FOOD PROGRAM AND EMERGENCY SOCIAL SERVICES SUPPORT FOR SENIORS | $30,000 |
Langley, WA PURPOSE: SUPPORT FOR FAMILY-CENTERED SOCIAL SERVICES INCLUDING HOUSING ASSISTANCE AND RACIAL EQUITY PROGRAMS | $27,206 |
Langley, WA PURPOSE: GENERAL SUPPORT | $26,667 |
Langley, WA PURPOSE: HOME-BASED SERVICES TO SUPPORT SENIOR HOUSING STABILITY | $26,667 |
Langley, WA PURPOSE: GENERAL SUPPORT | $26,666 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Goosefoot Community Fund A Not For Profit Corporation has recieved totaling $300,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $300,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goosefoot Community Fund A Not For Profit Corporation Langley, WA | $15,049,797 | $1,759,976 |
Gary E Milgard Family Foundation-Sunshine Tacoma, WA | $39,754,398 | $1,591,645 |
Living Computer Museum Seattle, WA | $173,675 | $23 |
Oregon Washington Health Network Pendleton, OR | $1,858,367 | $1,332,897 |
Daves Killer Bread Foundation Milwaukie, OR | $69,125 | $259,670 |
Foundation So Rogue River, OR | $2,133,625 | $1,199,629 |
Angela J Bowen Conservancy Foundation Olympia, WA | $45,832,663 | $49,138,134 |
Young Family Foundation Brush Prairie, WA | $0 | $12,804 |
Friends Of Astoria Column Inc Astoria, OR | $2,767,399 | $634,329 |
Beeks Family Legacy Foundation Seattle, WA | $2,343,924 | $104,974 |
Peter R Marsh Foundation Camas, WA | $6,890,319 | $2,479,002 |
David And Minnie Meyerson Monroe, WA | $1,249,533 | -$4,101 |