Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2005.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
69 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
17 people listed on the 990; $127K paid to officers and key staff.
Katy Philips’s $100K as Executive Direc is at the 85th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Katy Philips | $100,464 | $98,210 | $94,683 | $91,347 | $37,002 | $41,171 |
| Helen K Sernett | — | — | — | — | $49,471 | $48,147 |
| Chris Wheaton | — | — | — | — | — | $37,500 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Lake Washington Schools Foundation executive salaries →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 15aYes
Programs and updates
Funds schools to give students resources they need to thrive.
Questions for Lake Washington Schools Foundation
Your first name shows with your question. Lake Washington Schools Foundation answers here, for everyone.
Pantry Packs
The foundation funded the pantry packs program, which is a weekend food program for food insecure students in the lake washington school district. Over the course of the ten month school year, approximately 800-850 students receive packs of food each weekend.
Fund a Need
The foundation granted funds for music education, summer school program and miscellanous education grants to support students in the lake washington school district.
Links
The LINKS program provides one-on-one mentoring for youth in the Lake Washington School District. Volunteers are adults from various backgrounds, educational levels, and stages of life who can spare an hour a week to spend with a child.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $362K | $508K |
| InvestmentsLn 11–13 | $0 | |
| Land, buildings, equipmentLn 10c | $3K | $2K |
| Total assetsLn 16 | $409K | $543K |
| LiabilitiesLn 26 | $11K | $59K |
| Net assetsLn 32 | $397K | $484K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $79K | $79K | ||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of current officers, directors and key staffLn 5 | $147K | $64K | $32K | $51K |
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $34K | $5K | $11K | $19K |
| Pension plan contributionsLn 8 | $0 | |||
| Other employee benefitsLn 9 | $7K | $3K | $2K | $3K |
| Payroll taxesLn 10 | $15K | $6K | $4K | $6K |
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $2K | $887 | $355 | $1K |
| Accounting feesLn 11c | $10K | $4K | $2K | $5K |
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $14K | $5K | $2K | $6K |
| Advertising and promotionLn 12 | $8K | $8K | $66 | |
| Office expensesLn 13 | $11K | $3K | $332 | $8K |
| Information technologyLn 14 | $11K | $2K | $846 | $8K |
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $41K | $41K | $129 | $233 |
| TravelLn 17 | $9 | $1 | $1 | $7 |
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $0 | |||
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $939 | $329 | $214 | $396 |
| InsuranceLn 23 | $7K | $2K | $2K | $3K |
| Other expenses (24a–d)Ln 24 | $153K | $149K | $390 | $3K |
| All other expensesLn 24e | $1K | $371 | $241 | $705 |
| Total functional expensesLn 25 | $542K | $373K | $56K | $113K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS May 12, 2026 | $815K | $837K | −$22K | $474K | 990 PDF |
| FY2024Filed with the IRS May 9, 2025 | $633K | $781K | −$148K | $496K | 990 PDF |
| FY2023Filed with the IRS May 13, 2024 | $618K | $814K | −$196K | $643K | 990 PDF |
| FY2022Filed with the IRS May 15, 2023 | $651K | $654K | −$3K | $839K | 990 PDF |
| FY2021Filed with the IRS May 13, 2022 | $830K | $439K | $392K | $842K | 990 PDF |
| FY2020 ViewingFiled with the IRS May 15, 2021 | $669K | $542K | $128K | $484K | 990 PDF |
Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $669,356 revenue, 12 lines filed
Part VI · Governance 15 of 15 board members independent, no flags
Part VIII · Statement of revenue $669,356 across 12 lines filed
Part IX · Statement of functional expenses $541,517 across 31 lines filed
Part X · Balance sheet $542,801 assets, 23 lines filed
Part XI · Reconciliation of net assets $483,507 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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