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Pink Lite Foundation is a private corporation based in BREMERTON, WA. The foundation received its IRS ruling in 2001. The principal officer is Don Rasmussen. It holds total assets of $5.9M. Annual income is reported at $3.3M. Total assets have grown from $2.2M in 2011 to $4.4M in 2022. The foundation is governed by 3 officers and trustees. Social services: grants to organizations that provide meals and other assistance to low income and shut-in senior citizens. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Washington. According to available records, Pink Lite Foundation has made 15 grants totaling $870K, with a median grant of $52K. Annual giving has grown from $250K in 2022 to $360K in 2024. Individual grants have ranged from $45K to $104K, with an average award of $58K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Washington. Contributions to this foundation are tax-deductible.
Smallest Grant
$50K
Median Grant
$50K
Average Grant
$50K
Largest Grant
$50K
Based on 5 grants from the most recent 990-PF filing.
Social services: grants to organizations that provide meals and other assistance to low income and shut-in senior citizens
Expenses: $245K
Social services: grants to organizations that provide meals and other assistance to low income and shut-in senior citizens. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in WA.
Pink Lite Foundation has distributed a total of $870K across 15 grants. The median grant size is $52K, with an average of $58K. Individual grants have ranged from $45K to $104K.
Pink Lite Foundation typically selects its grantees rather than accepting unsolicited proposals.
Pink Lite Foundation is headquartered in BREMERTON, WA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rober Peterson | PRESIDENT | $0 | $0 | N/A |
| Kerma Peterson | SECRETARY, T | $0 | $0 | N/A |
| Janet Lampshire | VICE PRESIDE | $0 | $0 | N/A |
Total Giving
$309K
Total Assets
$4.4M
Fair Market Value
$260K
Net Worth
$4.4M
Grants Paid
$260K
Contributions
$400K
Net Investment Income
$173K
Distribution Amount
$213K
Total: $3.4M
Total Grants
15
Total Giving
$870K
Average Grant
$58K
Median Grant
$52K
Unique Recipients
5
Most Common Grant
$52K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grays Harbor Coastal CapSOCIAL SERVICES | Aberdeen, WA | $104K | 2024 |
| Chuckwagon Sr Nutrition ProgramSOCIAL SERVICES | Bremerton, WA | $104K | 2024 |
| Sr Services Of South SoundSOCIAL SERVICES | Olympia, WA | $55K | 2024 |
| Olympic Community Action ProgramSOCIAL SERVICES | Port Townsend, WA | $52K | 2024 |
| Catholic Community ServicesSOCIAL SERVICES | Bremerton, WA | $45K | 2024 |