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Grays Harbor Community Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911607005 ✦ Hoquiam, WA ✦ Designated as a 501(c)(3)

Overview

What is Grays Harbor Community Foundation?

Grays Harbor Community Foundation is a charitable organization situated in Hoquiam, Washington. With a mission to enhance the welfare of all communities in Grays Harbor County, they promote philanthropy and invest in endowment funds and contributions. The foundation aids donors in achieving their charitable objectives and ensures their gifts are utilized effectively. In 2022, they granted funds to 118 local nonprofit organizations and schools, totalling 210 awards, with grant amounts ranging from $1,000 to $100,000. Additionally, they provided 310 scholarships to students from Grays Harbor County, offering financial aid for undergraduate and vocational studies. In response to the pandemic, the foundation disbursed over $850,000 in emergency relief support for childcare programs, food assistance, and loss of funding revenue. The foundation employs a team of four dedicated individuals to carry out its mission.


Official website here: www.gh-cf.org

Is Grays Harbor Community Foundation legitimate?

Grays Harbor Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grays Harbor Community 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: $158,589
Professional Fundraising Fees: $0
Other Salaries and Wages: $207,599

For more financial information, click here


Official website here: www.gh-cf.org

What is the mission statement of Grays Harbor Community Foundation?

The Grays Harbor Community Foundation's mission is centered around enhancing the quality of life in various communities. They achieve this by promoting philanthropy at various giving levels, actively seeking endowment funds and contributions from a diverse array of donors. The foundation assists donors in achieving their charitable and financial objectives, offering services that simplify charitable giving. They also ensure responsible financial management and distribute earnings from investments based on community needs and donor intentions. Furthermore, the foundation advocates for good works in all the communities they serve.


Official website here: www.gh-cf.org

Who is the CEO of Grays Harbor Community Foundation?

Eric Potts is the Trustee of Grays Harbor Community Foundation.


Official website here: www.gh-cf.org

What is the revenue of Grays Harbor Community Foundation?

Grays Harbor Community Foundation's revenue in 2022 was $6,725,793.


Official website here: www.gh-cf.org

Who are the executives of Grays Harbor Community Foundation and what are their salaries?

The average compensation at Grays Harbor Community Foundation during 2022 was $91,547. There are 4 employees and 20 volunteers at Grays Harbor Community Foundation.

Here are 21 key members and their salaries:

    Eric Potts (Executive Director)
  • Compensation: $153,970
  • Related: $0
  • Other: $4,619

    • Bill Stewart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wes Peterson (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Donovan (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Stoney (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Lindley (Emeritus Members) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Donald Arima (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Molly Bold (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Ed Brewster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Burnett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judith Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stan Pinnick (Emeritus Members) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Rust (Emeritus Members) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Morrison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Parker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Quigg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Sand (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathryn Skolrood (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Stensager (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rich Vroman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maryann Welch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gh-cf.org

    Where can I find the form 990 for Grays Harbor Community Foundation?

    The Grays Harbor Community Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gh-cf.org

    Learn more at the official website: www.gh-cf.org

    Mission Statement of Grays Harbor Community Foundation

    Grays Harbor Community Foundation is dedicated to enhancing the overall quality of life in all communities within Grays Harbor County, Washington. The organization achieves this mission by engaging in various activities. Firstly, it promotes philanthropy at various levels of giving, encouraging both individuals and organizations to contribute to charitable causes. Secondly, Grays Harbor Community Foundation actively seeks out permanent endowment funds and contributions from a wide array of donors, aiming to diversify its funding sources.

    In addition to securing funding, the foundation offers services that make charitable giving straightforward, impactful, and fulfilling for its donors. This includes providing guidance and support to help donors achieve their philanthropic and financial objectives. The organization also takes responsibility for managing its finances responsibly and effectively, ensuring that investments yield earnings that can be distributed according to community needs and donor intentions. Ultimately, Grays Harbor Community Foundation distributes these earnings to support various community projects and initiatives, thereby contributing to the betterment of all communities it serves.

    Impact

    This information is meant to be a general summary of Grays Harbor Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Grays Harbor Community Foundation's impact is profound and far-reaching. Through its Community Grants Program, the Foundation awarded 210 grants to 118 local nonprofit organizations and school districts in 2022. These grants, ranging from $1,000 to $100,000, supported organizations in 12 out of the 13 communities in Grays Harbor County, enabling them to better achieve their missions. Additionally, the Foundation awarded 310 scholarships to students from Grays Harbor County or who graduated from a local high school, providing them with financial support for undergraduate and vocational studies.

    In response to the challenges posed by the pandemic, the Foundation provided over $850,000 in emergency relief in 2022. This support targeted areas such as childcare programs, emergency and food assistance, and loss of funding revenue, demonstrating the Foundation's commitment to addressing critical needs in the community.

    Overall, Grays Harbor Community Foundation is dedicated to improving the quality of life in all communities throughout Grays Harbor County. By promoting philanthropy, managing funds responsibly, and championing good works, the Foundation plays a vital role in enhancing the well-being of individuals and organizations in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,071,411
  • Program Service Revenue: $0
  • Gross Receipts: $7,090,594

    • Assets and Liabilities:
  • Total Assets: $75,486,640
  • Total Liabilities: $52,294
  • Net Assets: $75,434,346
  • Organization Details

    Founding Year

    1994

    Principal Officer

    Eric Potts

    Main Address

    PO Box 615, Hoquiam, WA, 98550

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Grays Harbor Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.