Sunbridge Foundation
- Assets
- $17.4m
- Revenue
- $784.9k
- Investments
- $16.3m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 01/2001
- Data as of
- 12/2019
- EIN
- 91-2080918
Organization Overview
Sunbridge Foundation is located in Seattle, WA. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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.
For the year ending 12/2019, Sunbridge Foundation generated $784.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James E Allchin Trustee | 1 | $0 | |
Catherine M Allchin Trustee | 1 | $0 | |
Judy Courshon Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35,884 |
| Dividends & Interest | $380,485 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $349,629 |
| Capital Gain Net Income | $349,629 |
| Net ST Capital Gain | $4,096 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18,852 |
| Total Revenue | $784,850 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $656 |
| Taxes | $17,816 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35,060 |
| Total operating and administrative expenses | $132,669 |
| Contributions, gifts, grants paid | $1,100,326 |
| Total expenses and disbursements | $1,232,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,115,999 |
| 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 | $8,848 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,890,783 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,942 |
| Total assets | $17,388,870 |
| 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, Sunbridge Foundation has awarded $1,006,285 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CARE PURPOSE: GENERAL FUND | $552,170 |
Arlington, VA PURPOSE: INDONESIA PROGRAM | $174,782 |
BROWN UNIVERSITY PURPOSE: RESEARCH FUND IN ENVIRONMENTAL STUDIES AND SCIENCE | $83,333 |
New York, NY PURPOSE: GENERAL FUND | $60,000 |
CHARITY WATER PURPOSE: GENERAL FUND | $50,000 |
BROWN UNIVERSITY PURPOSE: BROWN ANNUAL FUND | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Craig And Susan Mccaw Foundation Kirkland, WA | $28,302,101 | $3,779,056 |
Charles And Lisa Simonyi Fund For Arts And Sciences Bellevue, WA | $280,771 | $4,496,286 |
Evenstad Family Foundation Dayton, OR | $8,656,967 | $4,311,637 |
Washington Federal Foundation Seattle, WA | $432,898 | $1,750,388 |
Mona Foundation Bellevue, WA | $3,492,593 | $2,286,412 |
Sky View Foundation Lake Oswego, OR | $29,383,526 | $704,959 |
Sunbridge Foundation Seattle, WA | $17,388,870 | $784,850 |
Allen Institute For Artificial Intelligence Seattle, WA | $27,885 | $1,097,960 |
Melaleuca Foundation A Non-Profit Corporation Idaho Falls, ID | $3,462,116 | $1,462,434 |
Vital Life - A Marquis And Consonus Foundation Milwaukie, OR | $1,207,386 | $1,047,514 |
Alaska Airlines Foundation Anchorage, AK | $8,706,721 | $851,624 |
Lily Pointe Family Foundation Snoqualmie, WA | $2,848,571 | $159,619 |