NonprofitsShorefast Us Fund

International, Foreign Affairs & National Security

Shorefast Us Fund

OLYMPIA, WA

Total revenue

$33K

Total expenses

$55K

Net assets

$4K

Grants received

$80K

6 grants

EIN

841733717

Tax year

2024

Mission

Shorefast US Fund was established for the primary purpose of providing support and making grants for the benefit of Shorefast Foundation to further its charitable activities on Fogo lsland. Shorefast US Fund is a non profit corporation exempt from US federal income tax under Section 501(c)(3) of the Internal Revenue Code and is eligible to issue donation receipts. The Shorefast US Fund Board of Directors is comprised of one of Shorefast's Board members and two independent directors.

Financials

FY 2024

Revenue

Contributions & grants$33K
Program service revenue
Investment income
Other revenue
Total revenue$33K

Expenses

Grants paid$54K
Salaries & benefits
Fundraising
Other expenses$880
Total expenses$55K
Total assets$7K
Net assets$4K

People

4 listed

NameRoleCompensation

{"_":"Alan Cobb","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Officer

Board

1 hrs/wk

{"_":"Jonathan Briggs","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Director

Board

1 hrs/wk

{"_":"Karen Boulton","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Treasurer

Board

1 hrs/wk

{"_":"Sunita Parikh","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Volunteer

Board

1 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$1K
GENERAL PURPOSE
2024
$11K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2023
$8K
GENERAL SUPPORT OF THE SHOREFAST US FUND FOR THE DEVELOPMENT OF PROJECTS THAT WILL HELP TO BUILD ECONOMIC AND CULTURAL RESILIENCE ON FOGO ISLAND.
2023
$25K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$10K
For grant recipient's exempt purposes
2022
$25K
FOR RECIPIENT'S EXEMPT PURPOSE
2020

Funded by

$80K from 5 funders · 6 grants · 2020–2024

Vanguard Charitable Endowment Program

$50K · 2 grants · 2020–2022

Oceana Inc

$8K · 1 grant · 2023

The Lilac Fund Inc

$1K · 1 grant · 2024

Details

EIN841733717
NTEE codeQ11
Subsection03
Ruling date2019-08
SHOREFAST US FUND — Mission, Financials & Grants Received | Grantivo