Channel Foundation
- Assets
- $19.1m
- Revenue
- $9.3m
- Investments
- $9.5m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 91-6478055
Organization Overview
Channel Foundation is located in Seattle, WA. The organization was established in 2000. 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. Channel 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 12/2021, Channel Foundation generated $9.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 31.9% each year . All expenses for the organization totaled $2.2m during the year ending 12/2021. While expenses have increased by 12.5% 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 2014, Channel Foundation has awarded 263 individual grants totaling $9,841,216. 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 |
|---|---|---|---|
Katrin Wilde Executive Director | 40 | $135,000 | |
Elaine Nonneman Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,200,000 |
| Interest on Savings | $4,905 |
| Dividends & Interest | $203,733 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $933,290 |
| Capital Gain Net Income | $933,317 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,341,928 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $135,000 |
| Other employee salaries and wages | $3,606 |
| Pension plans, employee benefits | $30,237 |
| Interest | $0 |
| Taxes | $18,560 |
| Depreciation | $0 |
| Occupancy | $1,200 |
| Travel, conferences, and meetings | $2,057 |
| Printing and publications | $0 |
| Other expenses | $18,871 |
| Total operating and administrative expenses | $294,331 |
| Contributions, gifts, grants paid | $1,923,175 |
| Total expenses and disbursements | $2,217,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,518,283 |
| 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 | $100,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,576,342 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,081,590 |
| Accounts payable and accrued expenses | $3,802 |
| 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 | $3,802 |
Grants Awarded
Over the last fiscal year, Channel Foundation has awarded $4,823,175 in support to 80 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
INTERNATIONAL WOMENS RIGHTS ACTION WATCH ASIA PACIFIC PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
New York, NY PURPOSE: FRONT LINE DEFENDERS | $100,000 |
INROADS PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
WOMEN ENABLED INTERNATIONAL PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
James F And Marion L Miller Foundation Portland, OR | $164,280,841 | $30,090,803 |
Gary E Milgard Family Foundation-Cari Tacoma, WA | $114,220,911 | $3,602,287 |
Samis Foundation Seattle, WA | $93,922,239 | $13,751,752 |
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Mckenzie River Gathering Foundation Portland, OR | $17,520,565 | $8,839,824 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |
David And Amy Fulton Foundation Seattle, WA | $63,197,245 | $1,065,965 |
Ronald W Naito Md Foundation Portland, OR | $42,239,889 | $5,436,826 |
Helen E Snedden Foundation Fairbanks, AK | $8,832,360 | $5,012,483 |
The Renaissance Foundation Lake Oswego, OR | $17,519,986 | $2,588,304 |