Paul G Allen Family Foundation
- Assets
- $0.0
- Revenue
- $45.2m
- Investments
- $869.4m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 01/1989
- Data as of
- 12/2020
- EIN
- 94-3082532
Organization Overview
Paul G Allen Family Foundation is located in Seattle, WA. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Paul G Allen 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 12/2020, Paul G Allen Family Foundation generated $45.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $63.9m during the year ending 12/2020. While expenses have increased by 4.9% per year over the past 6 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, Paul G Allen Family Foundation has awarded 1,473 individual grants totaling $612,349,998. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
HABU WATER AND SANITATION PROJECT - ENGAGED INITIATIVES (PM) LTD. TO BUILD RELATIONSHIPS WITH THE COMMUNITY SURROUNDING ABU AND SEBA LODGES IN BOTSWANA AND TO DESIGN AND IMPLEMENT WATER AND SANITATION SOLUTIONS FOR THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danielle Harper Vice President | 1 | $0 | |
Jo Lynn Allen Chair/director & President | 1 | $0 | |
Susan Drake Vice President | 1 | $0 | |
Marilyn Valentine Director | 1 | $0 | |
Allen D Israel Assistant Secretary | 1 | $0 | |
Alison Ivey VP & Secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vulcan Llc | 12/30/21 | $978,117 |
Northern Trust Company | 12/30/21 | $417,502 |
Deloitte Tax Llp | 12/30/21 | $74,118 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18,229,916 |
| Dividends & Interest | $4,642,655 |
| Profit on Inventory Sales | $0 |
| Other Income | $699,013 |
| Total Revenue | $45,218,114 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $885,485 |
| Contributions, gifts, grants paid | $63,034,071 |
| Total expenses and disbursements | $63,919,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $292,917,531 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,445,329 |
| Other assets | $3,080,187 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Paul G Allen Family Foundation has awarded $82,537,774 in support to 168 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HEART ASSOCIATION PURPOSE: TO SUPPORT BIOSCIENCE RESEARCH IN RELATION TO ADVANCING OUR UNDERSTANDING OF BRAIN HEALTH AND COGNITIVE IMPAIRMENT | $3,750,000 |
Boston, MA PURPOSE: TO SUPPORT THE ALLEN DISCOVERY CENTER FOR HUMAN BRAIN EVOLUTION AT BOSTON CHILDREN'S HOSPITAL AND HARVARD MEDICAL SCHOOL | $2,500,000 |
Boston, MA PURPOSE: TO SUPPORT THE ALLEN DISCOVERY CENTER FOR HUMAN BRAIN EVOLUTION AT BOSTON CHILDREN'S HOSPITAL AND HARVARD MEDICAL SCHOOL | $2,500,000 |
Seattle, WA PURPOSE: TO SUPPORT ALLEN DISCOVERY CENTER FOR CELL LINEAGE TRACING PHASE 2 | $2,500,000 |
Boston, MA PURPOSE: TO SUPPORT THE ALLEN DISCOVERY CENTER FOR HUMAN BRAIN EVOLUTION AT BOSTON CHILDREN'S HOSPITAL AND HARVARD MEDICAL SCHOOL | $2,500,000 |
Boston, MA PURPOSE: TO SUPPORT THE ALLEN DISCOVERY CENTER FOR HUMAN BRAIN EVOLUTION AT BOSTON CHILDREN'S HOSPITAL AND HARVARD MEDICAL SCHOOL | $2,500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Amazonsmile Foundation Seattle, WA | $32,322,159 | $94,115,479 |
Gates Philanthropy Partners Seattle, WA | $58,428,866 | $30,155,547 |
Paul G Allen Family Foundation Seattle, WA | $0 | $45,218,114 |
Friday Foundation Medina, WA | $32,805,393 | $16,602 |
Rasmuson Foundation Anchorage, AK | $851,377,242 | $102,826,089 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
Intel Foundation Hillsboro, OR | $50,440,341 | $47,262 |
Roots And Wings Foundation Inc Seattle, WA | $315,937,030 | $249,888,695 |
Schultz Family Foundation Seattle, WA | $463,519,339 | $158,807,992 |
The Lemelson Foundation Portland, OR | $488,510,181 | $33,726,014 |
Norcliffe Foundation Seattle, WA | $18,121,640 | $25,144,033 |