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Also known as: c/o Joann E Lee
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First Financial Northwest Foundation is a private trust based in RENTON, WA. The foundation received its IRS ruling in 2009. The principal officer is Joann E Lee. It holds total assets of $22M. Annual income is reported at $940K. Total assets have grown from $9.2M in 2011 to $14.9M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Washington. According to available records, First Financial Northwest Foundation has made 12 grants totaling $3.6M, with a median grant of $138K. The foundation has distributed between $631K and $1.7M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.7M distributed across 4 grants. Individual grants have ranged from $318 to $840K, with an average award of $302K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Washington. Contributions to this foundation are tax-deductible.
Smallest Grant
$13K
Median Grant
$129K
Average Grant
$164K
Largest Grant
$384K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
First Financial Northwest Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in WA.
First Financial Northwest Foundation has distributed a total of $3.6M across 12 grants. The median grant size is $138K, with an average of $302K. Individual grants have ranged from $318 to $840K.
First Financial Northwest Foundation typically selects its grantees rather than accepting unsolicited proposals.
First Financial Northwest Foundation is headquartered in RENTON, WA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary F Kohlwes | executive director | $0 | $0 | N/A |
| Joann E Lee | treasurer | $0 | $0 | N/A |
| Charles J Delaurenti Ii | chairman | $0 | $0 | N/A |
| Gary F Faull | SECRETARY | $0 | $0 | N/A |
| Dolores Gibbons | Trustee | $0 | $0 | N/A |
| Terry Higashiyama | Trustee | $0 | $0 | N/A |
Total Giving
$730K
Total Assets
$14.9M
Fair Market Value
$14.9M
Net Worth
$14.9M
Grants Paid
$662K
Contributions
N/A
Net Investment Income
$571K
Distribution Amount
$696K
Total: $14.7M
Total Grants
12
Total Giving
$3.6M
Average Grant
$302K
Median Grant
$138K
Unique Recipients
7
Most Common Grant
$840K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Renton Regional CommunityProgram Support | Renton, WA | $647K | 2023 |
| Pediatric Interim Care CenterProgram Support | Kent, WA | $15K | 2023 |
| Renton School DistrictProgram support | Renton, WA | $318 | 2022 |
| Seattle FoundationPROGRAM SUPPORT | Seattle, WA | $245K | 2021 |
| Tacoma Art MuseumPROGRAM SUPPORT | Tacoma, WA | $14K | 2021 |
| Renton Regional Community FoundationPROGRAM SUPPORT | Renton, WA | $601K | 2020 |
| Communities In Schools - RentonPROGRAM SUPPORT | Renton, WA | $30K | 2020 |