East Seattle Foundation
- Assets
- $7.0m
- Revenue
- $61.4k
- Investments
- $7.0m
- Employees
- 0
- Location
- Mercer Island, WA
- Founding
- 01/2003
- Data as of
- 12/2022
- EIN
- 91-2171978
Organization Overview
East Seattle Foundation is located in Mercer Island, WA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. East Seattle 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 12/2022, East Seattle Foundation generated $61.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (38.2%) each year. All expenses for the organization totaled $876.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, East Seattle Foundation has awarded 106 individual grants totaling $2,310,335. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary D Frazier President | 0.25 | $0 | |
Alan D Frazier Director | 0.25 | $0 | |
Joanna Frazier Director | 0.25 | $0 | |
Natalie Frazier Secretary | 0.25 | $0 | |
Alicia Bradbury Treasurer | 0.25 | $0 | |
Cindy Erler Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,000 |
| Interest on Savings | $29,054 |
| Dividends & Interest | $120,147 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$147,881 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $43 |
| Total Revenue | $61,363 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $871 |
| Taxes | $18,332 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,276 |
| Printing and publications | $0 |
| Other expenses | $264,524 |
| Total operating and administrative expenses | $294,278 |
| Contributions, gifts, grants paid | $582,550 |
| Total expenses and disbursements | $876,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $88,008 |
| Net Accounts receivable | $70 |
| 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 | $1,436,548 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,043,741 |
| Accounts payable and accrued expenses | $53,501 |
| 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 | $53,501 |
Grants Awarded
Over the last fiscal year, East Seattle Foundation has awarded $582,550 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
WESTERN WASHINGTON UNIVERSITY FOUND PURPOSE: WESTERN SUCCESS SCHOLARS PROGRAM | $80,000 |
HEADSTRONG PURPOSE: SEATTLE TRAUMA TREATMENT PROGRAM | $75,000 |
SEATTLE UNIVERSITY PURPOSE: ENDOWMENTS-CCE, JESUIT | $250,000 |
UNIVERSITY OF WASHINGTON FOUNDATION PURPOSE: CHAMPION EOPFOS | $8,000 |
UNIVERSITY OF WASHINGTON FOUNDATION PURPOSE: FRAZIER SCHOLARS FUND | $40,000 |
VAMOS OUTDOORS PROJECT PURPOSE: FINANCIAL MANAGEMENT PROJECT | $13,000 |