The Seattle Foundation is a 501(c)(3) organization based in Seattle, Washington, registered in 1947, with $314,722,382 in FY2024 revenue. CharityIndex grades it A, and it directs about 95% of spending to programs.
Revenue (FY2024)
$314.7M
▲ 68.6% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$244.5M
Net assets
$1.3B
Employees
68
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. For The Seattle Foundation: 95% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
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 The Seattle Foundation: 62 mo reserves · +22% margin earns a B+ on this criterion. See the exact thresholds →
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. For The Seattle Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 The Seattle Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Ignite powerful & rewarding philanthropy to make seattle a stronger vibrant community for all.
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 vision of a joyful community of shared prosperity, belonging, and justice, our role as a civic leader is to align key stakeholders around strategies to address our region's greatest collective challenges.
Foundation-directed grantmaking: seattle foundation manages targeted funds, called area of interest funds, on behalf of the community and in partnership with community advisory groups, to support defined interest areas. this includes various programs designed to enhance community well-being and support geographies that have been historically underinvested in. seattle foundation evaluates organizations and then makes grants that best reflect the intended purpose of the funds. seattle foundation frequently leads special initiatives designed to address specific community needs across the greater seattle region, including emergency response funds.
Engaged philanthropy: as part of our personalized services to philantropists, we assign a philantropic advisor to provide strategic guidance and deep community knowledge. our philanthropic advisors work with philanthropists to create strategic, impactful giving plans and engage family members across generations. we also offer regular events and learning opportunities on various philanthropy-related topics.
Revenue grew from $112.2M (FY2013) to $314.7M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
22.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4B
Total liabilities
$185.2M
Net assets
$1.3B
Salaries & benefits
$13.2M
5% of expenses
Board members
11
11 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $314,722,382▲68.6% | $244,548,637▲33.9% | $1,264,752,898▲10.0% | $1,449,925,075▲9.8% | 990 |
| 2023 | $186,713,007▲17.0% | $182,608,290▼12.3% | $1,150,040,473▲10.3% | $1,320,217,050▲10.7% | 990 |
| 2022 | $159,592,537▼43.8% | $208,182,776▼9.8% | $1,042,468,509▼18.0% | $1,193,135,889▼17.2% | 990 |
| 2021 | $283,945,398▼6.5% | $230,833,709▲10.4% | $1,271,997,686▲11.1% | $1,440,443,987▲12.4% | 990 |
| 2020 | $303,698,138▲35.6% | $209,122,509▲46.2% | $1,144,682,833▲16.0% | $1,281,544,781▲14.0% | 990 |
| 2019 | $223,919,187▲32.0% | $143,052,797▲4.3% | $987,049,332▲22.0% | $1,124,646,564▲21.8% | 990 |
| 2018 | $169,608,921▲11.0% | $137,201,909▲24.4% | $809,004,297▼6.7% | $923,672,252▼6.6% | 990 |
| 2017 | $152,742,834▲21.9% | $110,286,703▲24.6% | $867,472,486▲16.5% | $988,759,390▲15.7% | 990 |
| 2016 | $125,281,865▲23.0% | $88,478,823▲1.0% | $744,341,120▲8.7% | $854,620,728▲8.4% | 990 |
| 2014 | $101,822,637▼9.2% | $87,630,910▲29.6% | $684,767,719▲1.9% | $788,336,068▲2.1% | 990 |
| 2013 | $112,191,695 | $67,599,264▲2.7% | $672,197,944▲18.6% | $771,803,041▲17.6% | 990 |
| 2012 | — | $65,812,763▲11.9% | $566,841,701▲12.6% | $656,065,293▲12.0% | 990 |
| 2011 | — | $58,798,795▲8.3% | $503,498,595▼4.1% | $585,799,314▼5.6% | 990 |
| 2010 | — | $54,300,936 | $525,206,189 | $620,740,894 | 990 |
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.
Highest-paid: Alesha Washington — $481,225 (0.20% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alesha Washington | President & Ceo | 40 | $481,225 |
| Kristine Hermanns | Cio (thru 12/23), Contractor | 23.8 | $287,236 |
| Larry Buycks | Chief Financial Officer | 40 | $280,708 |
| Michele Frix Dassell | Executive Vice President | 40 | $274,059 |
| Mary Rennekamp | Chief Philanthropy Officer | 40 | $248,780 |
| Sally Gillis | Chief Impact Officer | 40 | $214,698 |
| Michael Brown | Exec-in-residence, Comm Ps | 40 | $200,305 |
| Steve Andryszewski | Managing Director, Controller | 40 | $191,463 |
| Mariel Turner-tamiyasu | Dir. Strategic Initiatives & Sec. | 40 | $118,187 |
| Amy Banovich | Trustee | 2 | — |
| Amy Carter | Trustee | 2 | — |
| Ben Danielson | Trustee | 2 | — |
| Colleen Echohawk | Trustee | 2 | — |
| Diana White | Trustee | 2 | — |
| Donna Moodie | Trustee | 2 | — |
| Ed Taylor | Chair | 5 | — |
| Ed Thomas | Trustee | 2 | — |
| Janet Levinger | Trustee | 2 | — |
| John Kim | Healthierhere Ceo | 40 | — |
| Karla Horwitz | Trustee | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Ee Ventures | Consulting | $4,375,593 |
| Rsm Us LLP | It Systems Design & Build | $1,625,493 |
| Crewcial Partners LLC | Investment Consulting | $583,736 |
| Swb Strategic Solutions LLC | Consulting | $381,626 |
| Homesight | Program Support | $374,000 |
169 grants to The Seattle Foundation totaling $93.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $1,003,500 |
| American Online Giving Foundation Inc | General support | 2024 | $647,082 |
| Tides Foundation | Healthy individuals and communities | 2024 | $421,779 |
| Episcopal Health Foundation | Program support | 2024 | $375,000 |
| Credit Unions In the State of Washington | Donation | 2024 | $325,000 |
| Silicon Valley Community Foundation | General nonprofit support | 2024 | $150,000 |
| Impactassets Inc | General support | 2024 | $105,000 |
| Impactassets Inc | General support | 2024 | $100,500 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $100,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $100,000 |
| Rockefeller Philanthropy Advisors Inc | Health care | 2024 | $75,000 |
| The Pittsburgh Foundation | Philanthropic community support | 2024 | $69,266 |
| Inatai Foundation | Core support for fiscally sponsored project | 2024 | $55,000 |
| Greater Manhattan Community Foundation | Public services | 2024 | $50,000 |
| Johnson Charitable Gift Fund | Milliman giving fund | 2024 | $25,000 |
5,379 grants totaling $177.9M in FY2024 — showing the 15 largest. All grants made by The Seattle Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| University Lutheran Church | To support project a: accessibility addition and project p: new electrical service. | $7,000,000 |
| United Way of King County | To provide general support | $6,728,848 |
| Greater Horizons | To support the niel04 fund. | $6,059,329 |
| Washington Policy Center | To provide general support | $3,500,000 |
| Donor Advised Charitable Giving | Od fisher charitable fund | $3,111,418 |
| University Lutheran Church | To support phase 2 project costs | $3,000,000 |
| Urban League of Metropolitan Seattle | To support the 2024 we see you awards. | $2,600,000 |
| Rei Cooperative Action Fund | To provide general support | $1,400,000 |
| Redford Center Inc | To provide support for the production of groundswell documentary | $1,250,000 |
| Rei Cooperative Action Fund | To provide general support | $1,209,636 |
| Amalgamated Charitable Foundation Inc | Resource equity funders collaborative fiscal sponsorship. | $1,000,000 |
| Global Greengrants Fund Inc | To support agroecology | $1,000,000 |
| Denver Film Society | To support exposure labs. | $1,000,000 |
| Utah Film Center DBA Salt Lake City Film Center and | To support 'porcelain war'. | $1,000,000 |
| Fred Hutchinson Cancer Center | To provide general support | $1,000,000 |
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Data for The Seattle Foundation (EIN 91-6013536) 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.