Overview
What is Innovia Foundation?
Innovia Foundation is a community-focused nonprofit organization based in Spokane, Washington. Their mission is to ignite generosity and transform lives and communities. With a team of 24 employees, they aim to address regional issues, help those in need, and identify opportunities through partnerships with like-minded individuals and organizations. Innovia's initiatives include supporting post-high school education and vocational training through their LaunchNW program, which aims to remove financial barriers in Eastern Washington and North Idaho. The 5% Campaign is another initiative where they encourage locals to leave a portion of their future wealth for philanthropic investments, increasing the financial resilience of local communities. Innovia hosts events like the Leadership Summit and Annual Reception, bringing together community leaders from various sectors to discuss important themes, such as economic climate, racial healing, and leadership transfer. The foundation also has Leadership Councils, composed of local community members who provide representation and advocacy for Innovia's work. Additionally, they offer the Cultivating Potential Scholarship Program, providing financial assistance and mentorship to youth seeking to overcome obstacles and reach their full potential.
Official website here: www.innovia.org
Is Innovia Foundation legitimate?
Innovia Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovia Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $600,744
Professional Fundraising Fees: $0
Other Salaries and Wages: $877,352
For more financial information, click here
Official website here: www.innovia.org
What is the mission statement of Innovia Foundation?
The Innovia Foundation is a community-focused organization dedicated to improving lives and communities by partnering with individuals and organizations to address social issues and help those in need. The foundation seeks to address regional problems and identify opportunities for growth, acting as a catalyst for positive change. One of their recent initiatives, LaunchNW, aims to remove financial barriers to post-high school education and vocational training for students in eastern Washington and north Idaho. Additionally, they have launched the 5% Campaign, encouraging people to donate a portion of their future wealth to philanthropic investments, thereby increasing the financial resilience of local communities. The foundation engages community leaders through events like the Leadership Summit and Leadership Councils, fostering collaboration and advocacy for philanthropy. The Cultivating Potential Scholarship program provides financial assistance, life skills training, and mentorship to youth seeking to overcome obstacles and reach their full potential.
Official website here: www.innovia.org
Who is the CEO of Innovia Foundation?
Shelly O'Quinn is the President of Innovia Foundation. The CEO's salary of Innovia Foundation is $240,578 and their total compensation is $274,322.
Official website here: www.innovia.org
What is the revenue of Innovia Foundation?
Who are the executives of Innovia Foundation and what are their salaries?
The average compensation at Innovia Foundation during 2022 was $61,587. There are 24 employees and 300 volunteers at Innovia Foundation.
Here are 17 key members and their salaries (Innovia Foundation's CEO's salary is $240,578 and their total compensation is $274,322):
- Shelly O'Quinn (Chief Executive Officer)
- Aaron Mcmurray (Chief Strategy Officer)
- Lauren Autrey (Chief Financial Officer)
- Molly Sanchez Director Of (Grants And Community Engagement)
- Chris Stiles Sr Director Of (Gift Planning & Development)
- Geraldine Lewis (President) [Trustee/Director]
- Tyler Lafferty (Vice President) [Trustee/Director]
- Rick Rasmussen (Secretary/Treasurer) [Trustee/Director]
- Scott Hustell (Director)
- Ryan Nipp (Director)
- Rueben Mayes (Director)
- Jeff Philipps (Director)
- Sandy Patano (Director)
- Betsy Wilkerson (Director)
- Marcelo Morales (Director)
- Robert Larson (Director)
- Gary Stokes (Director)
Official website here: www.innovia.org
Where can I find the form 990 for Innovia Foundation?
The Innovia Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.innovia.org
Learn more at the official website: www.innovia.org
Mission Statement of Innovia Foundation
Innovia Foundation, a community-focused organization, strives to ignite generosity that transforms lives and communities. Established to benefit the regions it serves, Innovia aims to partner with individuals and other organizations in addressing local issues, helping those in need, and identifying and responding to the greatest opportunities.
With a bold vision to remove financial barriers to post-high school education and vocational training, Innovia launched the LAUNCHNW initiative. This ambitious project brings together community partners, offering scholarships and integrated supports from cradle to career. The initiative is already making strides in Spokane County, with plans for expansion to surrounding counties and communities in the coming years.
In addition to its educational efforts, Innovia recognized the substantial wealth transfer anticipated in Eastern Washington and North Idaho by 2029. In response, the 5% Campaign was initiated to capture 5% of this future wealth, approximately $2 billion, into philanthropic investments. These investments aim to increase the financial resilience of local communities. In 2022, the campaign connected regional professional advisors and nonprofit leaders with experts on planned giving and endowment building through a series of free webinars and networking opportunities.
Innovia's Leadership Summit and Annual Reception brought together over 300 nonprofit, business, and community leaders from throughout Eastern Washington and North Idaho. The two-day event engaged powerful speakers and community-building opportunities, focusing on themes such as economic climate, racial healing, transfer of leadership in communities, going 'all in' for children, the power of small moments, and a panel discussion around Innovia's LAUNCHNW initiative.
Leadership Councils play a vital role in Innovia's work by providing representation from throughout its 20-county service area. Council members serve as ambassadors and advisors to the foundation, advocating for philanthropy in general. Each of Innovia's ten leadership councils is composed of 15 local community members who bring on-the-ground experience from a variety of sectors. The councils meet regularly to keep the foundation informed about the needs and opportunities in their communities and help leverage the power of philanthropy for local impact.
Through its Cultivating Potential Scholarship Program, Innovia Foundation provides tuition assistance and mentorship for youth seeking to rise above obstacles that may be preventing them from reaching their full potential. In addition to financial assistance, students participate in life skills training sessions, explore career opportunities, and benefit from peer support that results from the cohort experience.
Impact
This information is meant to be a general summary of Innovia Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The impact of Innovia Foundation is evident through its initiatives like LAUNCHNW, the 5% Campaign, Leadership Summits, and the Cultivating Potential Scholarship Program. These efforts aim to ignite generosity that transforms lives and communities by removing financial barriers to education, increasing financial resiliency, convening leaders for important discussions, and supporting youth in reaching their full potential. Through its various programs and partnerships, Innovia Foundation is actively working towards creating a positive impact in Eastern Washington and North Idaho communities.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS INCOME
Revenue
$297,993
Organization Details
Founding Year
1974
Phone
(509) 624-2606
Principal Officer
Shelly O'Quinn
Main Address
818 W RIVERSIDE AVE 650, SPOKANE, WA, 99201
Website
www.innovia.org
NTEE Category
Code: T310 - Philanthropy
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