Seattle Fund

Seattle Fund is sponsored by Best Buy Foundation. The Seattle Fund provides grants to nonprofit organizations in the King County metro area offering career pathways in technology for teens from underserved communities through two categories: Career Pathways Grants (career development in STEAM fields) and Teens & Tech Grants (ha…

# Every teen has dreams. We’re working to ensure they have the opportunity to achieve them. The Best Buy Foundation™ is a 501(c)(3) organization that supports educational and career opportunities for teens and promotes vibrant communities.

The Best Buy Foundation™ is a 501(c)(3) organization that supports educational and career opportunities for teens and promotes vibrant communities. * ##### A foundation established. Our story starts under a different name: The Best Buy Children’s Foundation set its early sights on supporting K-12 education, life skills, health and wellness and leadership development for children of all ages.

The Foundation launched in line with the first annual Best Buy Foundation Charity Classic event, then just a one-day golf tournament but already rooted on a bedrock of partnership and collaboration. 1994 * 2000-2002 Expanded giving. As we began to build out a comprehensive grantmaking portfolio, the Foundation hit its first milestone: surpassing $1 million in total donations in 2000.

Just two years later, average annual giving reached over $10 million. Today, the Best Buy Foundation maintains that commitment to grantmaking in our hometown communities and nationwide. The Foundation introduced @15, a grants and scholarship program that supported teens in pursuing post-secondary education, developing life and leadership skills, accessing technology and engaging in their communities.

@15 was eventually phased out as we evolved our strategy, but the focus on teens has remained central to our mission ever since. 2008 * 2013 A groundbreaking partnership. As the Foundation’s focus narrowed, we reestablished ourselves as the Best Buy Foundation.

That same year, we began a game-changing partnership with The Clubhouse Network, an international nonprofit organization founded on the principles of the MIT Media Lab. This collaboration, coupled with generous donations of high-end, professional-grade technology from Best Buy's vendor community, helped create the model for the Best Buy Teen Tech Center® program.

The first location opened at the Hennepin County Library - Minneapolis Central Branch. Local teens gained access to state-of-the-art technology and a safe, welcoming environment — and the Foundation gained a new model for driving deep, lasting impact. As the Best Buy Teen Tech Center® network grew, we started to get the question, "What about my community?"

We realized that supporters could help us not only by donating technology, but also by serving as financial sponsors to bring new Teen Tech Centers to more communities. The Foundation tested out this new model with Sony Electronics, Inc. who sponsored the Best Buy Teen Tech Center at the Boys & Girls Club of San Marcos - Jennifer Loscher Branch.

Companies also started sponsoring Career Pathways programming and hiring paid high school interns (both of which we were quickly understanding to be vital for long-term impact for program participants).

Around the same time, the Foundation’s biggest financial supporter (and original establisher), Best Buy Enterprise Services, made a $20 million donation to help us expand, and, importantly, sustain a network of Teen Tech Centers across the U.S. Today, a wide network of public, private, and philanthropic organizations co-sponsor Teen Tech Centers, donate state-of-the art technology and support program participants with career training and internships.

2017 The events of 2020 underscored longstanding systemic inequities. Issues like the digital inequities and the opportunity gap – issues that the Best Buy Foundation had been tackling for years - were intensely magnified. As part of a larger array of goals set by Best Buy, the Foundation amplified its commitment to teens and technology by resolving to continue expanding the network of Best Buy Teen Tech Center® locations.

Shortly thereafter, the Foundation committed $10 million to launch the Community Impact Hub (now the LA Teen Tech Collective) in Los Angeles County.

By partnering with a network of philanthropic, private, public and community organizations to address inequities in the region (with a specific focus on preparing youth for roles in the local creative economy), the Hub will ultimately support 12 Teen Tech Centers in Los Angeles County In the fall of 2022, the 50th Best Buy Teen Tech Center opened in Gary, Indiana, powered by the Damien and Katy Harmon Foundation, at the Boys & Girls Club of Greater Northwest Indiana.

In addition to an ever-growing network of Teen Tech Center locations,the Foundation continues to invest in nonprofit organizationsacross the country and in our home communities, awarding over $13 million in grants in 2022. We’re proud to share that our partnerships, grantmaking and engagement have impacted more than 1 million young people over the last 10 years. Today * 1994 A foundation established.

Our story starts under a different name: The Best Buy Children’s Foundation set its early sights on supporting K-12 education, life skills, health and wellness and leadership development for children of all ages. The Foundation launched in line with the first annual Best Buy Foundation Charity Classic event, then just a one-day golf tournament but already rooted on a bedrock of partnership and collaboration. * 2000-2002 Expanded giving.

As we began to build out a comprehensive grantmaking portfolio, the Foundation hit its first milestone: surpassing $1 million in total donations in 2000. Just two years later, average annual giving reached over $10 million. Today, the Best Buy Foundation maintains that commitment to grantmaking in our hometown communities and nationwide.

* 2008 A refined focus. The Foundation introduced @15, a grants and scholarship program that supported teens in pursuing post-secondary education, developing life and leadership skills, accessing technology and engaging in their communities. @15 was eventually phased out as we evolved our strategy, but the focus on teens has remained central to our mission ever since.

* 2013 A groundbreaking partnership. As the Foundation’s focus narrowed, we reestablished ourselves as the Best Buy Foundation. That same year, we began a game-changing partnership with The Clubhouse Network, an international nonprofit organization founded on the principles of the MIT Media Lab.

This collaboration, coupled with generous donations of high-end, professional-grade technology from Best Buy's vendor community, helped create the model for the Best Buy Teen Tech Center® program. The first location opened at the Hennepin County Library - Minneapolis Central Branch.

Local teens gained access to state-of-the-art technology and a safe, welcoming environment — and the Foundation gained a new model for driving deep, lasting impact. * 2017 Better together. As the Best Buy Teen Tech Center® network grew, we started to get the question, "What about my community?"

We realized that supporters could help us not only by donating technology, but also by serving as financial sponsors to bring new Teen Tech Centers to more communities. The Foundation tested out this new model with Sony Electronics, Inc. who sponsored the Best Buy Teen Tech Center at the Boys & Girls Club of San Marcos - Jennifer Loscher Branch.

Companies also started sponsoring Career Pathways programming and hiring paid high school interns (both of which we were quickly understanding to be vital for long-term impact for program participants).

Around the same time, the Foundation’s biggest financial supporter (and original establisher), Best Buy Enterprise Services, made a $20 million donation to help us expand, and, importantly, sustain a network of Teen Tech Centers across the U.S. Today, a wide network of public, private, and philanthropic organizations, an international nonprofit organization founded on the principles of the MIT Media Lab.

This collaboration, coupled with generous donations of high-end, professional-grade technology from Best Buy's vendor community, helped create the model for the * 2020/2021 Big goals. The events of 2020 underscored longstanding systemic inequities. Issues like the digital inequities and the opportunity gap – issues that the Best Buy Foundation had been tackling for years - were intensely magnified.

As part of a larger array of goals set by Best Buy, the Foundation amplified its commitment to teens and technology by resolving to continue expanding the network of Best Buy Teen Tech Center® locations. Shortly thereafter, the Foundation committed $10 million to launch the Community Impact Hub (now the LA Teen Tech Collective) in Los Angeles County.

By partnering with a network of philanthropic, private, public and community organizations to address inequities in the region (with a specific focus on preparing youth for roles in the local creative economy), the Hub will ultimately support 12 Teen Tech Centers in Los Angeles County * Today Major milestones.

In the fall of 2022, the 50th Best Buy Teen Tech Center opened in Gary, Indiana, powered by the Damien and Katy Harmon Foundation, at the Boys & Girls Club of Greater Northwest Indiana. In addition to an ever-growing network of Teen Tech Center locations,the Foundation continues to invest in nonprofit organizationsacross the country and in our home communities, awarding over $13 million in grants in 2022.

We’re proud to share that our partnerships, grantmaking and engagement have impacted more than 1 million young people over the last 10 years. The Best Buy Foundation™ is a 501(c)(3) non-operating private foundation, separate from, but originally established by, Best Buy.

In addition to supporting the Best Buy Foundation™ and its initiatives, Best Buy embraces community engagement, employee volunteerism, organizational sponsorship, and a robust academic scholarship portfolio. Learn more about Best Buy's community support here. The Best Buy Foundation funds organizations that strengthen the communities we serve.

Our primary focus is building brighter futures for teens through tech, whether through the Best Buy Teen Tech Center® program or other youth- and technology-focused initiatives.

Best Buy Foundation Treasurer, Finance Committee Chair Best Buy SVP, Finance and Controllership Vice President, Social Impact Best Buy Foundation Governance Committee Chair Best Buy Chief Inclusion and Diversity Officer and SVP, Talent Acquisition Best Buy Foundation Impact Audit Chair Best Buy Health VP, Quality, Regulatory and Operations Best Buy Chief Executive Officer (Ex officio) Best Buy SVP, Chief Learning and Talent Officer Best Buy Territory Omnichannel Officer Best Buy Foundation Secretary Best Buy Chief Communications and Public Affairs Officer Best Buy EVP, Chief Supply Chain Officer Best Buy SVP, Enterprise Strategy and Business Development Twin Cities Fund Board Liaison Best Buy SVP, Chief Marketing and Design Officer Best Buy Foundation Treasurer, Finance Committee Chair Best Buy SVP, Finance and Controllership Vice President, Social Impact Best Buy Foundation Governance Committee Chair Best Buy Chief Inclusion and Diversity Officer and SVP, Talent Acquisition Best Buy Foundation Impact Audit Chair Best Buy Health VP, Quality, Regulatory and Operations Best Buy Chief Executive Officer (Ex officio) Best Buy SVP, Chief Learning and Talent Officer Best Buy Territory Omnichannel Officer Best Buy Foundation Secretary Best Buy Chief Communications and Public Affairs Officer Best Buy EVP, Chief Supply Chain Officer Best Buy SVP, Enterprise Strategy and Business Development Twin Cities Fund Board Liaison Best Buy SVP, Chief Marketing and Design Officer Introducing Our Financials And Annual Impact Reports We invite you to delve into our financial documents and review our Annual Impact Reports to understand how the Best Buy Foundation is making a difference through innovation, equity and community impact.

Together, we are shaping a future where technology serves the greater good, and where communities get increased access, inspiration and opportunity for success. Annual Impact Reports. Impact Reports highlight the profound effect of our work within underserved communities across the country.

These reports provide detailed insights into the Best Buy Foundation's achievements, challenges, and the transformative power of our initiatives, By sharing these stories, we aim to inspire confidence and demonstrate the tangible benefits of our commitment to social good. [. 2026 Impact Report.

2025 Impact Report. 2024 Impact Report](https://www. bestbuyfoundation.

org/)Financials We prioritize transparency and accountability in all our financial dealings, providing stakeholders with a clear and comprehensive overview of our fiscal performance. Our responsible financial stewardship enables us to impact thousands annually through our giving and placemaking. [.

2023 Financial Statements. 2023 U. S Form 990.

2022 U. S Form 990](https://www. bestbuyfoundation.

org/) ##### Best Buy Foundation™, Meta join forces to power 6 new Teen Tech Centers. Meta is powering six Best Buy Teen Tech Center® locations across the country, as well as supplying augmented and virtual reality technology to the entire Teen Tech Center network. * Best Buy Teen Tech Centers™ ##### 10th Best Buy Teen Tech Center® opens in Minnesota.

In April 2023, the Best Buy Foundation™ celebrated the opening of the 10th Teen Tech Center location in the state of Minnesota. The center, located at the Boys & Girls Club of the Twin Cities – Richfield Middle School, is powered by Premium Retail. ##### Best Buy Foundation™ helps Seattle teens find career paths in tech.

Launched in 2019, the Seattle Fund provides grants to nonprofit organizations in the King County metro area that offer career pathways in technology for teens from disinvested communities. ## Best Buy Foundation™, Meta join forces to power 6 new Teen Tech Centers.

Meta is powering six Best Buy Teen Tech Center® locations across the country, as well as supplying augmented and virtual reality technology to the entire Teen Tech Center network. ## 10th Best Buy Teen Tech Center® opens in Minnesota. In April 2023, the Best Buy Foundation™ celebrated the opening of the 10th Teen Tech Center location in the state of Minnesota.

The center, located at the Boys & Girls Club of the Twin Cities – Richfield Middle School, is powered by Premium Retail. ## Best Buy Foundation™ helps Seattle teens find career paths in tech. Launched in 2019, the Seattle Fund provides grants to nonprofit organizations in the King County metro area that offer career pathways in technology for teens from disinvested communities.