FRIENDS OF SEATTLE WATERFRONT

SEATTLE, WA, 98101-2913 (206) 382-5552 Est. 2012 EIN 80-0867356
S20 - Community & Neighborhood Development 990 - Public charity return 501(c)(3)
www.friendsofwaterfrontseattle.org

Mission

TO BRING PEOPLE, COMMUNITIES, AND RESOURCES TOGETHER TO ENSURE WATERFRONT PARK THRIVES AS A VIBRANT GATHERING SPACE - UPLIFTING LOCALS, FOSTERING CONNECTIONS AND HONORING SEATTLE'S NATURAL BEAUTY AND STORIES.

Giving Portfolio

Total Grants
9
Total Giving
$65.2M
Recipients
9
Years Active
2022 - 2024
Avg grant: $7,247,778 Median: $35,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20243$20.1M $6.7M03
20233$25.1M $8.4M03
20223$20.1M $6.7M30

Sectors Funded

Community Improvement
3
Animal-Related
3

Top States

Washington
9

Grantee Size Profile

$1M - $5M
3
Over $50M
3

Top Grantees

City of Seattle
WA - 2 grants
$45.0M
CITY OF SEATTLE
WA
$20.0M
$105K

Grants Awarded · 6 grants

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Financials

Total Revenue
$21,016,878
Total Expenses
$28,741,877
Net Assets
$23,568,199
45 employees 27 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
9.8 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 48.4%
Expenses ↓ 15.0%
Revenue Sources
Contributions 86.2% Earned revenue 0.1% Investment 13.6%
Expense Breakdown
Program 91.7% Management 4.4% Fundraising 3.9%

Officers & Trustees (34)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$21,016,878 ↓$28,741,877$23,568,199
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$40,720,932 ↑$33,808,963$32,846,495
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$21,501,273 ↑$27,418,369$25,934,527
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$18,451,565 ↓$15,422,637$31,849,623
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$27,937,023 $11,357,332$28,820,695

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EIN: 80-0867356 · Source: IRS Form 990 e-file data