Forest Foundation EIN 91-6020514

Forest Foundation

EIN  91-6020514 Private foundation / grantmaker Tacoma, WA
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Size
$100K–1M
What they do
A private foundation based in Tacoma, WA. It reported about $302K in revenue for 2024.
Leadership
Gail T Weyerhaeuser · President, Treasurer · $25K
Money in and out
$302K revenue, $1.5M expenses
Bottom line

A private foundation based in Tacoma, WA. It reported about $302K in revenue for 2024. For fiscal year 2024 it reported $302K in revenue, $1.5M in expenses, and $19.5M in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$302K
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$19.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$1.2M
Total assets
19.5M
deployed as grants and operations
Grants paid
1.0M
in FY2024
Grants made
56grants
total in period
Payout rate
5%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 56 grants · $1.0M · 2024–2024
University of Washington FoundationFY2024$100,000
Museum of GlassFY2024$70,000
Virginia Mason FoundationFY2024$50,000
Tacoma Art MuseumFY2024$50,000
Seattle SymphonyFY2024$50,000
Mary Bridge Childrens FoundationFY2024$50,000
Grand Tacoma Cine ClubFY2024$40,000
Tacoma Arts LiveFY2024$35,000
Boys and Girls Clubs of South Puget SoundFY2024$30,000
Valeo VocationFY2024$25,000
Symphony TacomaFY2024$25,000
Rebuilding Hope Sexual Assault CenterFY2024$25,000
Habitat for Humanity Tacoma Pierce CountyFY2024$25,000
Tacoma Youth Symphony AssociationFY2024$20,000
Palmer ScholarsFY2024$20,000
Palmer ScholarsFY2024$20,000
Northwest Immigrant Rights ProjectFY2024$20,000
College Success Foundation - TacomaFY2024$20,000
See all 56 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$18K
Median grantPart XV$10K
Largest grantPart XV$100K

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Revenue
$302K
FY2024▲ +104%
Expenses
$1.5M
FY2024▲ +2%
Total assets
$19.5M
FY2024▼ -5%
Total liabilities
$0
FY2024
Total revenue
$302K
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$19.5M
Pt X · Ln 32
Total assetsPt II$19.5M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CForest Foundation
EINHdr · item D91-6020514
Principal addressHdr · item CTacoma, WA
WebsiteHdr · item Jforestfound.org
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMay 1964

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President, Treasurer
$25,000Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2024
Gail T Weyerhaeuser$25,000$25,000

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.

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Statement of Revenue

Part VIII
Investment income100%$302K
Total revenueLn 12$302K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.68 Operating & administrative $0.32
Grants & contributions paid68%$1.0M
Operating & administrative32%$468K
Total functional expensesLn 25$1.5M

Balance Sheet

Part X · end of year
CashLn 1$182K
Total assetsLn 16$19.5M
Total liabilitiesLn 26$0
Total net assetsLn 32$19.5M
Months of cash on handcomputed1.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $19.5M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $302K
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $302K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $302K · Prior year $148K
+104%
Revenue CAGR
FY2020 $2.4M · FY2024 $302K
-40%
Net-asset trend (YoY)
End of year $19.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $302K · Expenses $1.5M
-389%
Liabilities-to-Assets
Total liabilities — · Total assets $19.5M
Net-asset ratio
Net assets $19.5M · Total assets $19.5M
100%
People & payroll
Highest Reported Total Compensation
Individual Gail T Weyerhaeuser · Reported title PRESIDENT, TREASURER · Highest reported compensation $25K · Total expenses $1.5M
2%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 104%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$148K revenue · ⤓ 990 PDF
FY2023$281K revenue · ⤓ 990 PDF
FY2022$1.9M revenue · ⤓ 990 PDF
FY2021$2.4M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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