Community Foundation Of South Puget Sound

Organization Overview

Community Foundation Of South Puget Sound is located in Olympia, WA. The organization was established in 1994. 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 12/2021, Community Foundation Of South Puget Sound employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of South Puget Sound 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, Community Foundation Of South Puget Sound generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. While expenses have increased by 11.9% 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 2015, Community Foundation Of South Puget Sound has awarded 970 individual grants totaling $10,026,717. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE PHILANTHROPIC EFFORTS THAT ENRICH OUR COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION INSPIRES PHILANTHROPIC EFFORTS TO MAKE THE SOUTH PUGET SOUND REGION A STRONGER, MORE VIBRANT COMMUNITY FOR ALL. INDIVIDUALS, CORPORATIONS, AND NONPROFIT AGENCIES CONTRIBUTE TO FUNDS THAT SUPPORT A WIDE RANGE OF ORGANIZATIONS THAT PROMOTE EDUCATIONAL, CULTURAL, HEALTH, SOCIAL, AND CIVIC DEVELOPMENT. AS THE ONLY LOCAL ORGANIZATION DESIGNED TO BUILD PERMANENT CHARITABLE RESOURCES AND INSPIRE PHILANTHROPIC EFFORTS TO BROADLY IMPROVE THE HEALTH AND WELLBEING OF OUR REGION, THE FOUNDATION DEMONSTRATES A PLACE-BASED FOCUS ON COMMUNITIES IN THURSTON, MASON AND LEWIS COUNTIES. COMMUNITY FOUNDATION STAFF AND VOLUNTEERS BRING DEEP LOCAL KNOWLEDGE OF AREA NONPROFITS AND COMMUNITY ISSUES, GRANTMAKING EXPERTISE, AND AN UNDERSTANDING OF EFFECTIVE PHILANTHROPY WHEN ADVISING DONORS.


THE FOUNDATION'S MISSION IS VERY BROAD: TO INSPIRE PHILANTHROPIC EFFORTS THAT ENRICH OUR COMMUNITIES. THE FOUNDATION AIMS TO SUPPORT A WIDE RANGE OF NONPROFIT ACTIVITIES - FROM THE ARTS TO BASIC NEEDS TO THE ENVIRONMENT - AS WELL AS TO FUND ORGANIZATIONS THAT ARE TACKLING TOUGH CHALLENGES AND STRENGTHENING WHAT'S WORKING IN OUR COMMUNITIES. BEYOND THOSE BASIC MEASURES, THE FOUNDATION IDENTIFIES AND FUNDS CRITICAL COMMUNITY NEEDS AND OPPORTUNITIES THROUGH ITS COMMUNITY ENGAGEMENT EFFORTS. THIS SCOPE OF ITS MISSION REFLECTS THE FOUNDATION'S ABILITY TO RAISE CHARITABLE FUNDS AND MAKE GRANTS AND SCHOLARSHIPS FOR THE BENEFIT OF THE SOUTH PUGET SOUND REGION.


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Board, Officers & Key Employees

Name (title)Compensation
Mindie Reule
President And CEO
$99,895
Mary Williams
Past Chair
$0
Janet Mclane
Secretary
$0
John Clees
Treasurer
$0
Jim Morrell
Chair
$0
Katie Rains
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,467,316
Noncash contributions included in lines 1a–1f $129,486
Total Revenue from Contributions, Gifts, Grants & Similar$2,467,316
Total Program Service Revenue$540,177
Investment income $652,010
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $12,139
Net Gain/Loss on Asset Sales $501,208
Net Income from Fundraising Events $26,788
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,208,918

Grants Awarded

Over the last fiscal year, Community Foundation Of South Puget Sound has awarded $2,350,658 in support to 105 organizations.

Grant RecipientAmount

BOYS & GIRLS CLUBS OF THURSTON COUNTY

Org PageRecipient Profile

Olympia, WA

PURPOSE: OPERATING

$219,938

UNIVERSITY OF WASHINGTON

PURPOSE: SCHOLARSHIP

$55,250

THURSTON COUNTY FOOD BANK

Org PageRecipient Profile

Olympia, WA

PURPOSE: OPERATING

$53,960

Olympia, WA

PURPOSE: OPERATING

$53,133

Tumwater, WA

PURPOSE: OPERATING

$52,724

WASHINGTON CENTER FOR THE PERFORMING ARTS

Org PageRecipient Profile

Olympia, WA

PURPOSE: OPERATING

$52,362
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Community Foundation Of South Puget Sound has recieved totaling $100,000.

Awarding OrganizationAmount
Dawkins Charitable Tr

Olympia, WA

PURPOSE: COMMUNITY SUPPORT

$100,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$25,023,692
Earnings$562,034
Admin Expense$538,580
Net Contributions$5,109,519
Grants$2,416,733
Ending Balance$27,739,932

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