The Seattle Foundation

The Seattle Foundation Overview

The Seattle Foundation is located in Seattle, WA. The organization was established in 1947. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2019, Seattle Foundation employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Seattle Foundation generated $223.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $143.1m during the year ending 12/2019. While expenses have increased by 9.6% per year over the past 5 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, Seattle Foundation has awarded 20,141 individual grants totaling $363,153,667. 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 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

IGNITE POWERFUL & REWARDING PHILANTHROPY TO MAKE SEATTLE A STRONGER VIBRANT COMMUNITY FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY LEADERSHIP: SEATTLE FOUNDATION DRAWS ON OUR DEEP COMMUNITY INSIGHT AND LONG HISTORY AS A CIVIC LEADER TO LAUNCH AND PARTICIPATE IN CROSS-SECTOR INITIATIVES THAT AMPLIFY OUR REACH AND IMPACT. LED BY OUR COMMITMENT TO EQUITY AND OPPORTUNITY, OUR ROLE AS A CIVIC LEADER IS TO ALIGN KEY STAKEHOLDERS AROUND STRATEGIES TO ADDRESS OUR REGION'S GREATEST CHALLENGES.


DONOR-DIRECTED GRANTMAKING: SEATTLE FOUNDATION'S MISSION IS TO IGNITE POWERFUL, REWARDING PHILANTHROPY. WITH MORE THAN 600 INDIVIDUAL, FAMILY, AND CORPORATE FUNDS, THIS AREA OF INVESTMENT REFLECTS THE GRANTMAKING DIRECTED BY OUR DONORS TO SUPPORT A BROAD RANGE OF COMMUNITY INTERESTS AND SCHOLARSHIPS PRIMARILY IN OUR REGION AND WASHINGTON STATE, AND ALSO EXTENDING NATIONALLY AND INTERNATIONALLY.


FOUNDATION-DIRECTED GRANTMAKING: SEATTLE FOUNDATION MANAGES TARGETED FUNDS, CALLED AREA OF INTEREST FUNDS, ON BEHALF OF THE COMMUNITY, TO SUPPORT DEFINED INTEREST AREAS. SIMILARLY, OUR IMPACT STRATEGIES REFLECT OUR PRIORITY TO CENTER EQUITY AND SUPPORT ORGANIZATIONS LED BY, AND CREATED FOR, HISTORICALLY AND CURRENTLY UNDERSERVED COMMUNITIES, INCLUDING BLACK, NATIVE, LATINX, IMMIGRANT, AND LOW-INCOME COMMUNITIES. SEATTLE FOUNDATION EVALUATES ORGANIZATIONS AND THEN MAKES GRANTS TO BEST REFLECT THE INTENDED PURPOSE OF THE FUNDS. THE FOUNDATION FREQUENTLY LEADS SPECIAL INITIATIVES DESIGNED TO ADDRESS SPECIFIC COMMUNITY NEEDS IN KING COUNTY, INCLUDING EMERGENCY RESPONSE FUNDS.


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The Seattle Foundation Board, Officers & Key Employees

The Seattle Foundation Vendors

Vendor Name (Service)Compensation
Ee Ventures
Equitable Evaluation Initiative Program
$494,763
Manatt Phelps & Phillips Llp
Healthierhere Legal Services
$469,037
Kinetic West
Career Connect Washington Consulting
$280,000
Colonial Consulting
Investment Management
$511,001
The Caspian Group
Career Connect Washington Consulting
$266,985
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$167,120
Membership dues$0
Fundraising events$0
Related organizations$3,302,910
Government grants $21,031,911
All other contributions, gifts, grants, and similar amounts not included above$140,841,503
Noncash contributions included in lines 1a–1f $76,495,171
Total Revenue from Contributions, Gifts, Grants & Similar$165,343,444
Total Program Service Revenue$1,612,107
Investment income $17,255,069
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $39,616,513
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $223,919,187

The Seattle Foundation Grants Awarded

Over the last fiscal year, The Seattle Foundation has awarded $104,741,840 in support to 5,308 organizations.

Grant RecipientAmount

UNITED WAY OF KING COUNTY

Org PageRecipient Profile

Seattle, WA

PURPOSE: TO PROVIDE GENERAL SUPPORT.

$5,187,057

VANGUARD CHARITABLE ENDOWMENT PROGRAM

Org PageRecipient Profile

Southeastern, PA

PURPOSE: FUND #A1065364

$3,690,861

FRIENDS OF WATERFRONT SEATTLE

Org PageRecipient Profile

Seattle, WA

PURPOSE: TO SUPPORT THE CAPITAL CAMPAIGN.

$2,000,000

THE TRUST FOR PUBLIC LAND

Org PageRecipient Profile

San Francisco, CA

PURPOSE: TO PROVIDE GENERAL SUPPORT.

$2,000,000

KING COUNTY BEHAVIORAL HEALTH AND RECOVERY DIVISION

PURPOSE: TRUEBLOOD DIVERSION

$1,563,683

TEACHERS COLLEGE COLUMBIA UNIVERSITY

Org PageRecipient Profile

New York, NY

PURPOSE: BABY'S FIRST YEARS

$1,200,000
View Grant Profile

The Seattle Foundation Grants Recieved

Over the last fiscal year, we have identified 31 grants that The Seattle Foundation has recieved totaling $7,104,301.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$4,698,711
Norman Archibald Char Fdn-Agy

Seattle, WA

PURPOSE: FINAL CLOSING DISTRIBUTION

$702,540
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$250,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$250,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$230,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$230,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$328,492,761
Earnings$61,637,691
Admin Expense$5,518,725
Net Contributions$18,603,030
Grants$11,930,535
Ending Balance$391,284,222

The Seattle Foundation Peer Organizations

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