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The Community Foundation of South Puget Sound
The Community Foundation of South Puget Sound reported $18.5 million in revenue and $5.6 million in expenses for calendar year 2024. Of every $100 it spent, $92.22 went to program services, $6.57 to management and general costs and $1.21 to fundraising. Its largest source of revenue was investment income: 60.1% of the total. The highest compensation it reported for one person was $137,600 (President & CEO). 1 person received more than $100,000 in reportable compensation. Revenue rose 514% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $5.6MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $18MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.2% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 6.6% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.2% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 36.6% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 3.3% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $137,600 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.46% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 1 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 78.6 | 56.6 |
| Independent voting board members Part VI 1a–1b | 16 of 16 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe Foundation inspires philanthropic efforts to make the South Puget Sound region a stronger, more vibrant community for all. Individuals, corporations, and nonprofit agencies contribute to funds that support a wide range of organizations that promote education, cultural, health, social, and civic development. As the only local organization designed to build permanent charitable resources and inspire philanthropic efforts to broadly improve the health and wellbeing of our region, the Foundation demonstrates a place-based focus on communities in Thurston, Mason and Lewis counties. Community…
The Foundation aims to support a wide range of nonprofit activities - from the arts to basic needs to the environment - as well as to fund organizations that are tackling tough challenges and strengthening what's working in our communities. Beyond those basic measures, the Foundation identifies and funds critical community needs and opportunities through its community engagement efforts. This scope of its mission reflects the Foundation's ability to raise charitable funds and make grants and scholarships for the benefit of the South Puget Sound region
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President & CEO Officer, 40.00 hrs/week | $125,971 | $0 | $11,629 | $137,600 |
1 people received more than $100,000 in reportable compensation from The Community Foundation of South Puget Sound (Part VII, line 2). Compensation of current officers, directors and key employees totaled $138K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b16 · 16 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 57
- Volunteers Part I, line 652
Private foundation grants it received
5 private foundations reported grants to The Community Foundation of South Puget Sound totaling $187K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Community Foundation of South Puget Sound's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Community Foundation of South Puget Sound, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Community Foundation of South Puget Sound spent in 2024, $92.22 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Urban Renewal Initiative FoundationRoyal Oak, MI · revenue $18M · programs 0.0% · 2024
- The Community Foundation for Northern VirginiaMcLean, VA · revenue $19M · programs 89.5% · FY2025
- Whatcom Community FoundationBellingham, WA · revenue $18M · programs 90.1% · FY2025
- Berrien Community FoundationSt Joseph, MI · revenue $19M · programs 91.4% · 2025
- Indiana Association of United WaysIndianapolis, IN · revenue $18M · programs 96.5% · 2025
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Questions people ask
How much of The Community Foundation of South Puget Sound's spending goes to programs?
In calendar year 2024, The Community Foundation of South Puget Sound reported that 92.2% of its $5.6 million in expenses went to program services, 6.6% to management and general and 1.2% to fundraising (Form 990, Part IX).
How much does The Community Foundation of South Puget Sound pay its top executive?
The largest total compensation The Community Foundation of South Puget Sound reported for one person in calendar year 2024 was $137,600, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Community Foundation of South Puget Sound get its money?
Of $18.5 million in revenue in calendar year 2024, 36.6% came from contributions and grants and 3.3% from program service revenue (Form 990, Part VIII).
Is The Community Foundation of South Puget Sound a registered charity?
The IRS lists EIN 94-3121390 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202542909349300344 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202412829349301871 · read the filing
- 2022: Form 990 for calendar year 2022, object 202302829349301435 · read the filing
- 2021: Form 990 for calendar year 2021, object 202222779349301602 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123039349301212 · read the filing
- 2019: Form 990 for calendar year 2019, object 202031839349301108 · read the filing
All filings for EIN 94-3121390: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.