Giles W & Elise G Mead Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Giles W & Elise G Mead Foundation is a 501(c)(3) organization based in Seattle, Washington, registered in 1963, with $1,067,111 in FY2024 revenue. CharityIndex grades it B.
1910 Fairview Ave E Ste 200, Seattle, WA, 98102 EIN 95-6040921 Since 1963
Revenue (FY2024)
$1.1M
▼ 35.9% vs prior year
Expenses (FY2024)
$113K
Net assets
$13.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Giles W & Elise G Mead Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating1424 mo reserves · +89% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Giles W & Elise G Mead Foundation: 1424 mo reserves · +89% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Giles W & Elise G Mead Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Giles W & Elise G Mead Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1910 Fairview Ave E Ste 200, Seattle, WA, 98102
- City
- Seattle
- State
- Washington
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $1.2M (FY2014) to $1.1M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2,134Net assets $13.4M
Operating margin
89.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.4M
Total liabilities
$2,134
Net assets
$13.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,067,111▼35.9% | $112,727▼98.9% | $13,379,111▲6.3% | $13,381,245▲6.3% | 990PF |
| 2023 | $1,665,507▲32.7% | $10,145,074▲866% | $12,586,958▼36.7% | $12,586,958▼36.7% | 990PF |
| 2022 | $1,255,552▼18.9% | $1,050,074▼17.2% | $19,884,193▲0.9% | $19,884,681▲0.2% | 990PF |
| 2021 | $1,548,329▲3.2% | $1,268,045▲36.1% | $19,715,014▼19.4% | $19,849,866▼19.0% | 990PF |
| 2020 | $1,499,943▲85.0% | $931,772▼2.6% | $24,446,542▲24.8% | $24,500,639▲23.1% | 990PF |
| 2019 | $810,773▼47.0% | $956,764▼19.1% | $19,585,657▼3.6% | $19,898,157▼3.2% | 990PF |
| 2018 | $1,528,614▲6.3% | $1,183,136▲20.2% | $20,310,280▲3.1% | $20,561,595▲3.3% | 990PF |
| 2017 | $1,438,503▲117% | $984,321▲23.9% | $19,709,091▼5.7% | $19,898,091▼6.6% | 990PF |
| 2016 | $662,653▲172% | $794,351▼45.5% | $20,907,281▲8.1% | $21,307,281▲7.1% | 990PF |
| 2015 | $243,227▼80.3% | $1,457,499▲10.6% | $19,341,577▼6.0% | $19,899,903▼4.0% | 990PF |
| 2014 | $1,235,750 | $1,317,590 | $20,569,723 | $20,729,799 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Giles W & Elise G Mead Foundation a legitimate nonprofit?
- Yes. Giles W & Elise G Mead Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-6040921, based in Seattle, Washington. Donations are tax-deductible.
- What is Giles W & Elise G Mead Foundation's EIN?
- Giles W & Elise G Mead Foundation's Employer Identification Number (EIN) is 95-6040921.
- How much revenue does Giles W & Elise G Mead Foundation report?
- Giles W & Elise G Mead Foundation reported $1,067,111 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Giles W & Elise G Mead Foundation have?
- CharityIndex grades Giles W & Elise G Mead Foundation B, based on financial health (reserves and operating margin).
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Data for Giles W & Elise G Mead Foundation (EIN 95-6040921) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.