Perigee Fund is organized & operated as a supporting org to seattle foundation.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
4 of 5
filings with a surplus
Average surplus $3.2M a year · 12% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Plus $23.9M in investments, Pt X · Ln 11–13
Fine: 0.1 months of spending in cash, plus $23.9M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $270K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.6M
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$36.3M
+22% vs prior year
Spent
$21.4M
To programs
91%
Net assets
$23.5M
By yearFY2020–FY2024
Revenue
$36.3M
FY2022▲ +22%
Tap a bar for its year
Revenue by fiscal year
FY2020$28.1M
FY2021$29.9M
FY2022$36.3M
FY2023$12.2M
FY2024$23.9M
Expenses
$21.4M
FY2022▼ -18%
Tap a bar for its year
Expenses by fiscal year
FY2020$25.8M
FY2021$26.1M
FY2022$21.4M
FY2023$18.7M
FY2024$22.5M
Net assets
$23.5M
FY2022▲ +173%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.9M
FY2021$8.6M
FY2022$23.5M
FY2023$17.1M
FY2024$18.5M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2019.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $19.6M Management & general 9% · $1.8M

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

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation
Perigee Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Program Officer
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Associate Program Officer
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
See Perigee 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 15aYes

Programs and updates

Funds programs and policy advocacy to support infant and caregiver mental health, address intergenerational trauma, and reduce poverty-related stress for diverse families.

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Provided by the organization

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1 program · $19.6M · in their own filed words · FY2022
01

Supports for caregiver and infant mental health are embedded in policies and systems to equitably reach families where they are. A focus on improving services for diverse prenatal to 3 families, growing capacity to address intergenerational trauma, and policy advances that reduce families' poverty-related stress.

$19.6Mprogram expense

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
Total grants receivedfrom 2 funders$270K
Grants paid · 451 grants · $93.6M · 2020–2024
See all 451 grants →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$36.3M
Ln 12
Gifts and grantsLn 1h$35.9M
Investment incomeLn 3$417K
Money outPt IX
$21.4M
Ln 25
Programscol B$19.6M
Managementcol C$1.8M
Owns and owesPt X
$23.5M
net assets · Ln 32
Cash and savingsLn 1–2$104K
Total assetsLn 16$25.0M
LiabilitiesLn 26$1.6M
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$35.9M
Investment incomeLn 3$417K
Gains on assetsLn 7$509
Total revenueLn 12$36.3M
Assets in detailPt X, end of year
CashLn 1$104K
Cash and savings togetherLn 1–2$104K
InvestmentsLn 11–13$23.9M
Land, buildings, equipmentLn 10c$216K
Other assetsLn 15$203K
Total assetsLn 16$25.0M
LiabilitiesLn 26$1.6M
Net assetsLn 32$23.5M
OperationsPt I, VI
EmployeesI 59
VolunteersI 61
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 FY22End FY22
Cash and savingsLn 1–2$20K$104K
InvestmentsLn 11–13$13.1M$23.9M
Land, buildings, equipmentLn 10c$296K$216K
Total assetsLn 16$13.5M$25.0M
LiabilitiesLn 26$4.9M$1.6M
Net assetsLn 32$8.6M$23.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$16.1M$16.1M
Pay of current officers, directors and key staffLn 5$317K$254K$63K
Other salaries and wagesLn 7$1.1M$878K$219K
Pension plan contributionsLn 8$44K$35K$9K
Other employee benefitsLn 9$141K$113K$28K
Payroll taxesLn 10$92K$74K$18K
Legal feesLn 11b$18K$18K
Accounting feesLn 11c$6K$6K
Lobbying feesLn 11d$18K$18K
Investment management feesLn 11f$2K$2K
Other fees for servicesLn 11g$2.2M$1.7M$489K
Office expensesLn 13$41K$33K$8K
Information technologyLn 14$116K$92K$23K
OccupancyLn 16$176K$141K$35K
TravelLn 17$35K$35K
Conferences, conventions and meetingsLn 19$102K$45K$58K
Depreciation, depletion and amortizationLn 22$80K$64K$16K
InsuranceLn 23$18K$18K
Other expenses (24a–d)Ln 24$833K$833K
Total functional expensesLn 25$21.4M$19.6M$1.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $23.9M$22.5M$1.4M$18.5M 990 PDF
FY2023 $12.2M$18.7M−$6.6M$17.1M 990 PDF
FY2022 Viewing $36.3M$21.4M$14.9M$23.5M 990 PDF
FY2021 $29.9M$26.1M$3.8M$8.6M 990 PDF
FY2020 $28.1M$25.8M$2.3M$4.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $36,295,232 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $29,818,125$35,878,500
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $33,937$416,732
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $29,852,062$36,295,232
I-13 Grants and similar amounts paidPrior year $22,260,228$16,078,733
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,325,392$1,691,805
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,471,260$3,631,790
I-18 Total expensesPrior year $26,056,880$21,402,328
I-19 Revenue less expensesPrior year $3,795,182$14,892,904
Part VI · Governance 2 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $36,295,232 across 6 lines filed
VIII-1d Related organizations$586,000
VIII-1f All other contributions, gifts and grants$35,292,500
VIII-1h Total contributions, gifts and grants$35,878,500
VIII-3 Investment incomeExcluded from tax $416,223$416,223
VIII-7 Net gain or loss on sales of assetsExcluded from tax $509$509
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $416,732$36,295,232
Part IX · Statement of functional expenses $21,402,328 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $16,078,733$16,078,733
IX-5 Pay of current officers, directors and key staffPrograms $253,943 · Management $63,486$317,429
IX-7 Other salaries and wagesPrograms $877,515 · Management $219,379$1,096,894
IX-8 Pension plan contributionsPrograms $35,102 · Management $8,776$43,878
IX-9 Other employee benefitsPrograms $113,139 · Management $28,285$141,424
IX-10 Payroll taxesPrograms $73,744 · Management $18,436$92,180
IX-11b Legal feesManagement $18,402$18,402
IX-11c Accounting feesManagement $5,540$5,540
IX-11d Lobbying feesPrograms $18,100$18,100
IX-11f Investment management feesManagement $2,485$2,485
IX-11g Other fees for servicesPrograms $1,697,255 · Management $488,976$2,186,231
IX-13 Office expensesPrograms $33,077 · Management $8,269$41,346
IX-14 Information technologyPrograms $92,426 · Management $23,106$115,532
IX-16 OccupancyPrograms $140,668 · Management $35,167$175,835
IX-17 TravelPrograms $34,977$34,977
IX-19 Conferences, conventions and meetingsPrograms $44,728 · Management $57,538$102,266
IX-22 Depreciation, depletion and amortizationPrograms $63,708 · Management $15,927$79,635
IX-23 InsuranceManagement $18,135$18,135
IX-24 Other expenses (24a–d)Management $833,306$833,306
IX-25 Total functional expensesPrograms $19,557,115 · Management $1,845,213 · Fundraising $0$21,402,328
Part X · Balance sheet $25,046,896 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $20,087$103,686
X-3 Pledges and grants receivableStart of year $0$500,000
X-4 Accounts receivableStart of year $0$100,000
X-9 Prepaid expenses and deferred chargesStart of year $0$15,092
X-10c Land, buildings and equipment, netStart of year $296,018$216,384
X-11 Publicly traded securitiesStart of year $13,138,664$23,908,631
X-15 Other assetsStart of year $17,105$203,103
X-16 Total assetsStart of year $13,471,874$25,046,896
X-17 Accounts payable and accrued expensesStart of year $207,835$327,463
X-18 Grants payableStart of year $4,664,309$1,041,148
X-25 Other liabilitiesStart of year $0$209,407
X-26 Total liabilitiesStart of year $4,872,144$1,578,018
X-27 Net assets without donor restrictionsStart of year $8,599,730$22,968,878
X-28 Net assets with donor restrictions$500,000
X-32 Total net assets or fund balancesStart of year $8,599,730$23,468,878
X-33 Total liabilities and net assetsStart of year $13,471,874$25,046,896
Part XI · Reconciliation of net assets $23,468,878 net assets at year end
XI-1 Total revenue$36,295,232
XI-2 Total expenses$21,402,328
XI-3 Revenue less expenses$14,892,904
XI-4 Net assets at start of year$8,599,730
XI-5 Net unrealized gains (losses) on investments−$179,386
XI-9 Other changes in net assets$155,630
XI-10 Net assets at end of year$23,468,878

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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