Panorama Benevolent Fund

Tax-deductible

Lacey, WA501(c)(3)Foundations & GrantmakersEIN 23-7191166

To provide financial assistance and social assistance to residents of panorama, a retirement community.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Run by 100 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $594K a year · 46% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $194K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.02% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
-12% vs prior year
Spent
$1.2M
To programs
86%
Net assets
$13.1M
By yearFY2020–FY2024
Revenue
$1.4M
FY2024▼ -12%
Revenue by fiscal year
FY2020$781K
FY2021$1.8M
FY2022$972K
FY2023$1.6M
FY2024$1.4M
Expenses
$1.2M
FY2024▲ +64%
Expenses by fiscal year
FY2020$469K
FY2021$407K
FY2022$741K
FY2023$724K
FY2024$1.2M
Net assets
$13.1M
FY2024▲ +7%
Net assets by fiscal year
FY2020$11.0M
FY2021$12.3M
FY2022$10.5M
FY2023$12.2M
FY2024$13.1M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $1.0M Management & general 13% · $157K Fundraising 1% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

16 people listed on the 990.

Part VII, Section A · reportable compensation
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Co-Treasurer
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Co-Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
See Panorama Benevolent Fund executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers financial and social help to Panorama retirement community residents.

Provided by the organization

This section is blank until Panorama Benevolent Fund claims this page.

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3 program services account for $1.0M of program spending, described in the organization's own filed words · FY2024.
01

This program reimburses panorama, a 501(c)(3) organization, I.D. 94- 3048988, for the salaries and benefits of four social workers who provide services to all residents of panorama, a retirement community. Additionally, the fund contributed 600,000 to panorama to assist panorama with a property purchase.

$902Kprogram expense
02

This program provides direct assistance to qualified residents who are unable to cover necessary monthly living expenses, including medications, medical co-pays, medical appliances, dental care, home health care, housekeeping, insurance, veterinary pet care, and one-time expenses such as a vehicle repair.

$80Kprogram expense
03

This program provides a sara pendant for each new resident, replacement batteries, and replacement of defective pendants.

$39Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
PanoramaFY2024$181K
Total grants receivedfrom 3 funders$194K
See all 3 funders →
Grants paid · 15 grants · $2.5M · 2020–2024
PanoramaWA · FY2024$600,000
Unitemized GrantFY2024$302,347
Unitemized GrantFY2024$80,139
Unitemized GrantFY2024$38,570
Unitemized GrantFY2023$236,611
PanoramaWA · FY2023$201,609
Unitemized GrantFY2023$96,445
Unitemized GrantFY2023$25,653
Unitemized GrantFY2022$228,611
Unitemized GrantFY2022$45,497
Unitemized GrantFY2022$42,325
Unitemized GrantFY2021$223,277
Unitemized GrantFY2021$35,973
Unitemized GrantFY2020$234,009
Unitemized GrantFY2020$91,697

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Gifts and grantsLn 1h$765K
Investment incomeLn 3$617K
Money outPt IX
$1.2M
Ln 25
Programscol B$1.0M
Managementcol C$157K
Fundraisingcol D$11K
Owns and owesPt X
$13.1M
net assets · Ln 32
Cash and savingsLn 1–2$150K
Total assetsLn 16$13.1M
LiabilitiesLn 26$2K
PeoplePt VI, VII
16
listed · VII A
PaidVII A0
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$765K
Noncash giftsLn 1g$302K
Fundraising eventsLn 1c$18K
Investment incomeLn 3$617K
Gains on assetsLn 7$120K
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$122K
SavingsLn 2$28K
Cash and savings togetherLn 1–2$150K
InvestmentsLn 11–13$13.0M
Total assetsLn 16$13.1M
LiabilitiesLn 26$2K
Net assetsLn 32$13.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$75K$150K
InvestmentsLn 11–13$12.2M$13.0M
Total assetsLn 16$12.2M$13.1M
LiabilitiesLn 26$3K$2K
Net assetsLn 32$12.2M$13.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$600K$600K
Grants to domestic individualsLn 2$421K$421K
Accounting feesLn 11c$11K$11K
Investment management feesLn 11f$64K$64K
Office expensesLn 13$13K$13K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$78K$67K$11K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$1.2M$1.0M$157K$11K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $1.4M$1.2M$189K$13.1M 990 PDF
FY2023 $1.6M$724K$846K$12.2M 990 PDF
FY2022 $972K$741K$231K$10.5M 990 PDF
FY2021 $1.8M$407K$1.4M$12.3M 990 PDF
FY2020 $781K$469K$312K$11.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,378,887 across 8 lines filed
VIII-1c Fundraising events$18,319
VIII-1f All other contributions, gifts and grants$746,805
VIII-1g Noncash contributions (included above)$302,202
VIII-1h Total contributions, gifts and grants$765,124
VIII-3 Investment incomeExcluded from tax $497,270$497,270
VIII-7 Net gain or loss on sales of assetsExcluded from tax $119,943$119,943
VIII-8 Net income from fundraising eventsExcluded from tax −$3,450−$3,450
VIII-12 Total revenueExcluded from tax $613,763$1,378,887
Part IX · Statement of functional expenses $1,189,688 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $600,000$600,000
IX-2 Grants to domestic individualsPrograms $421,056$421,056
IX-11c Accounting feesManagement $10,665$10,665
IX-11f Investment management feesManagement $63,706$63,706
IX-13 Office expensesManagement $12,628$12,628
IX-23 InsuranceManagement $2,372$2,372
IX-24 Other expenses (24a–d)Management $66,752 · Fundraising $11,360$78,112
IX-24e All other expensesManagement $1,149$1,149
IX-25 Total functional expensesPrograms $1,021,056 · Management $157,272 · Fundraising $11,360$1,189,688
Part X · Balance sheet $13,148,007 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $54,431$121,810
X-2 Savings and temporary cash investmentsStart of year $20,416$28,002
X-11 Publicly traded securitiesStart of year $12,173,134$12,998,195
X-16 Total assetsStart of year $12,247,981$13,148,007
X-17 Accounts payable and accrued expensesStart of year $2,664$1,997
X-26 Total liabilitiesStart of year $2,664$1,997
X-27 Net assets without donor restrictionsStart of year $12,245,317$13,146,010
X-32 Total net assets or fund balancesStart of year $12,245,317$13,146,010
X-33 Total liabilities and net assetsStart of year $12,247,981$13,148,007
Part XI · Reconciliation of net assets $13,146,010 net assets at year end
XI-1 Total revenue$1,378,887
XI-2 Total expenses$1,189,688
XI-3 Revenue less expenses$189,199
XI-4 Net assets at start of year$12,245,317
XI-5 Net unrealized gains (losses) on investments$711,494
XI-10 Net assets at end of year$13,146,010

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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