NonprofitsOlympia-Tumwater Foundation

Olympia-Tumwater Foundation

TUMWATER, WA

Total revenue

$1.3M

Total expenses

$1.1M

Net assets

$12.0M

Grants received

$265K

9 grants

EIN

910741161

Tax year

2024

Mission

The Olympia Tumwater Foundation honors both the history and future of Thurston County through its commitment to a wide range of community projects including student scholarships, historic preservation, and stewardship of Brewery Park at Tumwater Falls. Through such civic involvement, the Foundation continues the tradition of philanthropy and responsible citizenship established by the Schmidt family and the Olympia Brewing Company.

Programs

2 programs

Since 1966, the Olympia Tumwater Foundation has been offering scholarships to graduating seniors from Thurston County high schools and has become a major scholarship source in the community. The program has aided more than 500 local students with over $2.0M applied toward their continuing education. The Foundation is governed by a board of respected community leaders and has deep, longstanding ties to the South Puget Sound region.

Expenses: $125KGrants: $108K

The Foundation also owns and operates the historic Schmidt House built in 1904 by Leopold Schmidt, founder of the Olympia Brewing Company. The home is made available to various nonprofit, cultural, educational and historic organizations in support of their mission. Also located in the House are the Foundation archives which serve as a repository for artifacts, documents, and objects preserving the memory and legacy of the Schmidt family and the Olympia Brewing Company as well as supporting and promoting the architectural and cultural heritage of the Tumwater Historic District.The Foundation has a robust history program staffed by a public history manager and archivist to archives curation and preservation.

Expenses: $222K

Financials

FY 2024

Revenue

Contributions & grants$142K
Program service revenue
Investment income$1.0M
Other revenue$106K
Total revenue$1.3M

Expenses

Grants paid$108K
Salaries & benefits$430K
Fundraising
Other expenses$544K
Total expenses$1.1M
Total assets$12.0M
Net assets$12.0M

People

15 listed

NameRoleCompensation

John Freedman

Executive Director

Board

$161K

40 hrs/wk

Waite Dalrymple

Vice President

Board

1 hrs/wk

Annette Pitts

Trustee

Board

0.5 hrs/wk

Dan Jones

Trustee

Board

0.5 hrs/wk

Katie Hurley

Trustee

Board

0.5 hrs/wk

John Dodge

Trustee

Board

0.5 hrs/wk

Dan O'Neill

Trustee

Board

0.5 hrs/wk

Jill Crowson

Trustee

Board

0.5 hrs/wk

Lee Wojnar

President

Board

1 hrs/wk

Perry Shea

Trustee

Board

0.5 hrs/wk

Nic Crowson

Trustee

Board

0.5 hrs/wk

Cecelia Loveless

Executive Member at Large

Board

0.5 hrs/wk

Gary Swindler

Treasurer

Board

1 hrs/wk

Andrew Edwards

Trustee

Board

0.5 hrs/wk

Drew Phillips

Executive Member at Large

Board

0.5 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$200K
MAINTENANCE & STEWARDSHIP OF LAND HELD FOR PARK, OPEN SPACE AND NATURE CONSERVANCY PURPOSES
2023
$20K
NON PROFIT COVID 19 ECONOMIC RELIEF GRANT
2022
$3K
LOWER BRIDGE REPAIR
2022
$5K
GENERAL OPERATING
2021
$10K
For grant recipient's exempt purposes
2020

Funded by

$265K from 6 funders · 9 grants · 2019–2024

Thurston County Economic Development Cou

$35K · 2 grants · 2020–2022

The Community Foundation of South Puget

$12K · 3 grants · 2019–2024

Myles D & J Faye Sampson Family

$5K · 1 grant · 2021

W Second Growth Foundation

$3K · 1 grant · 2022

Details

EIN910741161
Subsection03
Ruling date1953-03
Formed1950
Employees6
Volunteers20
OLYMPIA-TUMWATER FOUNDATION — Mission, Financials & Grants Received | Grantivo