Family Foundation
- Assets
- $1.8m
- Revenue
- $220.0k
- Investments
- $1.6m
- Employees
- 0
- Location
- Longview, WA
- Founding
- 12/2000
- Data as of
- 06/2022
- EIN
- 91-2010505
Organization Overview
Family Foundation is located in Longview, WA. The organization was established in 2000. 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. Family 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 06/2022, Family Foundation generated $220.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $213.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Family Foundation has awarded 64 individual grants totaling $727,280. 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 |
|---|---|---|---|
Lavina Jones Director | 1 | $0 | |
Sonya Jones Director | 0 | $0 | |
Christopher Jones Director | 0 | $0 | |
George Opsahl Jr Director | 0 | $0 | |
Robert Jones Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| Interest on Savings | $41,795 |
| Dividends & Interest | $20,461 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,793 |
| Capital Gain Net Income | $7,793 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $220,049 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,336 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $175 |
| Total operating and administrative expenses | $8,561 |
| Contributions, gifts, grants paid | $205,000 |
| Total expenses and disbursements | $213,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $174,864 |
| 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 | $3,118 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,798,625 |
| 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 |
Grants Awarded
Over the last fiscal year, Family Foundation has awarded $205,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
NEPAL MEDICS PURPOSE: TO ADVANCE HEALTHCARE IN NEPAL | $65,000 |
Federal Way, WA PURPOSE: SUPPORT OF THE ORGANIZATION THAT CARES FOR THE IMPOVERISHED | $50,000 |
DOCTORS WITHOUT BORDERS PURPOSE: MEDICAL SUPPLIES | $25,000 |
COMMUNITY HOUSE PURPOSE: FOOD AND SHELTER | $15,000 |
Mesa, AZ PURPOSE: SHELTER | $11,000 |
Longview, WA PURPOSE: SOCIAL SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
J R Simplot Company Foundation Inc Boise, ID | $71,703,701 | $5,686,010 |
College Spark Washington Seattle, WA | $104,693,147 | $3,230,019 |
Idaho Association For The Education Of Young Children Boise, ID | $1,636,700 | $5,141,669 |
Pwh Educational Foundation Inc Spokane, WA | $62,473,304 | $11,260,767 |
Arctic Education Foundation Anchorage, AK | $36,876,877 | $4,892,952 |
College Dreams Inc Grants Pass, OR | $2,542,440 | $3,694,638 |
Calista Education And Culture Inc Anchorage, AK | $4,627,713 | $2,487,452 |
Kmr Group Foundation Vancouver, WA | $32,236,591 | $1,808,486 |
Aleut Foundation Anchorage, AK | $925,739 | $1,724,058 |
R Merle Palmer Minority Scholarship Foundation Tacoma, WA | $1,801,300 | $1,443,994 |
Greater Seattle Business Assoc Scholarship Fund Seattle, WA | $4,889,386 | $1,584,416 |
One Ummah Foundation In Memory Of Mustafa Saeed Rahman Lake Oswego, OR | $1,906,238 | $1,873,006 |