The assets of Port Angeles's top foundations grew to $5,089,977 for the most recent year on record, according to the recently released Washington Foundation DataBook, 4th Ed.
The 960-page DataBook lists every foundation in Washington and profiles the top 373 Washington grantmaking foundations, whose assets represent more than 99% of all Washington foundation assets. The DataBook is the only directory in Washington that lists every one of the 20,000 grants awarded by the state's largest foundations.
There are 3 Port Angeles foundations profiled in the DataBook. The combined total of the grants awarded by Port Angeles foundations was $544,814.
Port Angeles nonprofit organizations received 64 grants with a combined total of $1,234,937. The average grant to Port Angeles nonprofit organizations was $19,296.
Each of the 20,000 grants made by the profiled foundations is described using the 26 Major Field Areas of the National Taxonomy of Exempt Entities (NTEE) classification system, developed specifically to categorize nonprofit organizations. The top categories of foundation grants in Port Angeles were: 27 grants classified as Education, with a sub-total of $898,417; 7 grants classified as Environmental quality, protection, with a sub-total of $159,385; 5 grants classified as Health, general, rehabilitative, with a sub-total of $46,000.
Port Angeles's largest foundation is the Albohn Family Foundation, whose assets of $3,020,405 give it a state-wide ranking of 164, as compared to the other 372 foundations profiled. The largest Port Angeles grant, made by Bill & Melinda Gates Foundation, was to Port Angeles School District #121 in the amount of $780,000. The purpose was: To improve teaching and learning by enhancing student access to technology.
The combined asset amount of Washington's top 373 foundations is $36,700,281,240. The foundations profiled in the DataBook are identified by careful cross checking of IRS and state public records (starting with the IRS 990 tax returns foundations are required to file), culling out dedicated purpose foundations or foundations which award scholarships exclusively.
