NonprofitsGowest Foundation

Human Services

Gowest Foundation

SEATAC, WA

Total revenue

$13.5M

Total expenses

$12.9M

Net assets

$10.4M

Grants received

$1.6M

54 grants

EIN

911649328

Tax year

2024

Mission

Powered by a network of credit unions, we are uniquely positioned to harness and deliver resources that strengthen the financial lives of people and communities operating in arizona, colorado, idaho, oregon, washington and wyoming.

Programs

1 program

Program grant funds were obtained from the washington state department of commerce, pursuant to the u.s. Department of the treasury's coronavirus state and local fiscal recovery funds (slfrf) program. These funds were utilized to advance inclusive economic development by facilitating access to credit and capital for underserved entrepreneurs. The pilot program was intentionally designed to distribute grant funding in a manner that simultaneously supports credit-building for targeted recipients. By doing so, the initiative aims to strengthen the financial stability of individuals and small businesses in historically marginalized communities, fostering long-term economic resilience and upward mobility.

Expenses: $11.0MGrants: $11.0M

Financials

FY 2024

Revenue

Contributions & grants$13.2M
Program service revenue
Investment income$317K
Other revenue
Total revenue$13.5M

Expenses

Grants paid$11.3M
Salaries & benefits
Fundraising
Other expenses$1.7M
Total expenses$12.9M
Total assets$11.8M
Net assets$10.4M

People

12 listed

NameRoleCompensation

GENE PELHAM

DIRECTOR

Board

1 hrs/wk

KELLY SCHRADER

DIRECTOR

Board

1 hrs/wk

NORA CARPENTER

DIRECTOR

Board

1 hrs/wk

CHARLOTTE NEMEC

BOARD CHAIR

Board

1 hrs/wk

TODD PEARSON

VICE CHAIR

Board

1 hrs/wk

TYLER VALENTINE

SECRETARY

Board

1 hrs/wk

NING DUONG

DIRECTOR

Board

1 hrs/wk

LARRY ELLIFRITZ

DIRECTOR

Board

1 hrs/wk

ALI MIGAKI

DIRECTOR

Board

1 hrs/wk

ARICK WILLIAMS

TREASURER

Board

1 hrs/wk

TRACIE WILCOX

DIRECTOR

Board

1 hrs/wk

TROY STANG

PRESIDENT

Board

1 hrs/wk

Grants received

Showing 54 of 54

FromAmountPurposeYear
$71K
SPONSORSHIP, CULAF CONTRIBUTION, ADVOCACY & BENEFIT AUCTION
2024
$50K
STRENGTHENING THE FINANCIAL LIVES OF PEOPLE AND COMMUNITIES.
2024
$48K
URBAN LEAGUE INITIATIVE AND CU4KIDS AUCTION SUPPORT
2024
$45K
CU FOR KIDS DONATION
2024
$26K
$25,000 - CAR FOR AUCTION BID#709 CU 4 KIDS, $100 AUCTION, AND $500 HOUSE SPONSOR
2024
$22K
COMMUNITY INVESTSMENT FUND GRANT
2024
$20K
Community Giving/ Sponsorships
2024
$20K
CHARITABLE DONATION
2024
$19K
COMMUNITY OUTREACH
2024
$17K
CREDIT UNION FOUNDATION CONTRIBUTION
2024
$11K
COMMUNITY DEVELOPMENT
2024
$10K
GENERAL SUPPORT
2024
$120K
COMMUNITY OUTREACH
2023
$51K
CASH DONATIONS FOR CU4KIDS AUCTIONS
2023
$48K
URBAN LEAGUE INITIATIVE AND CU4KIDS AUCTION SUPPORT
2023
$45K
CHARITABLE CONTRIBUTION
2023
$30K
GENERAL SUPPORT; CU4KIDS AUCTION; WILDFIRE DONATION
2023
$28K
CU FOR KIDS DONATION
2023
$15K
CREDIT UNION FOUNDATION CONTRIBUTION
2023
$15K
$15K - CAR FOR AUCTION BID#1201 CU 4 KIDS
2023
$15K
COMMUNITY INVESTMENT FUND GRANT
2023
$12K
EVENT AND GENERAL SUPPORT
2023
$8K
WILDFIRE RELIEF IN SPOKANE, WA.
2023
$7K
2023 AUCTION
2023
$7K
OPERATIONAL SUPPORT
2023
$7K
GENERAL SUPPORT
2023
$53K
GENERAL SUPPORT
2022
$40K
CASH FOR KIDS LIVE AUCTION DONATION
2022
$32K
GENERAL SUPPORT; CU4KIDS AUCTION
2022
$18K
DONATION
2022
$18K
$18K 2022 AUCTION
2022
$16K
CASH FOR KIDS DONATION
2022
$15K
GENERAL SUPPORT
2022
$10K
CREDIT UNIONS FOR KIDS SPONSORSHIP - MIRACLE FAMILY SPONSOR
2022
$8K
COMMUNITY INVESTMENT FUND GRANT
2022
$6K
GENERAL SUPPORT
2022
$5K
COMMUNITY OUTREACH
2022
$40K
COVID RELIEF FUND
2020
$28K
CU4KIDS
2020
$25K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$15K
EMERGENCY LOAN PROGRAM
2020
$10K
GENERAL SUPPORT
2020
$10K
BUILDING BETTER COMMUNITY
2020
$9K
IDENTIFYING AND NURTURING PARTNERSHIPS THAT BRING TOGETHER NORTHWEST CREDIT UNIONS, COMMUNITY ORGANIZATIONS, AND NONPROFITS TO IMPROVE AND GROW REGIONAL ECONOMY. KEY AREAS: ASSET BUILDING, ECONOMIC EMPOWERMENT, COOPERATIVE DEVELOPMENT.
2020
$8K
BIZ KID$ TEACHER TRAINING AND ENTREPRENUER GRANT
2019

Funded by

$1.6M from 24 funders · 54 grants · 2019–2024

Credit Unions In The State Of Washington

$313K · 5 grants · 2020–2024

Unitus Community Credit Union

$164K · 5 grants · 2020–2024

Hapo Community Credit Union

$162K · 3 grants · 2022–2024

Onpoint Community Credit Union

$139K · 2 grants · 2023–2024

Potlatch No1 Financial Credit Union

$114K · 4 grants · 2020–2024

The Oregon Community Foundation

$100K · 1 grant · 2020

Credit Unions In The State Of Washington

$99K · 4 grants · 2020–2024

Sound Credit Union

$90K · 3 grants · 2020–2023

Details

EIN911649328
NTEE codeP00Z
Subsection03
Ruling date1997-04
Formed1993
Employees0
Volunteers15
GOWEST FOUNDATION — Mission, Financials & Grants Received | Grantivo