The 47th Avenue Foundation is a private foundation headquartered in Bellevue, Washington, dedicated to supporting children and families in the greater Seattle community. Founded in 2019, the foundation invests in programs and organizations that foster a proactive approach to lifelong wellbeing. The organization operates with a lean, flexible approach that values progress over perfection and prioritizes building relationships rooted in curiosity, joy, and intentionality.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$60.0M
+7.0% YoY
Annual Giving
$1.9M
+56.5% YoY
Grant Count
50
+56.3% YoY
Avg Grant Size
$39K
+0.1% YoY
Under IRS private-foundation payout rules, 47th Avenue Foundation reported a distributable amount of $2.9M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Mission: The 47th Avenue Foundation is dedicated to empowering children and families in the greater Seattle area. The foundation believes that transforming one life can spark a ripple effect, creating stronger and more connected communities. Through partnerships with forward-thinking organizations, the foundation champions proactive solutions to today's challenges while fostering hope for a brighter tomorrow.
Primary Funding Pillars:
Education: Advancing equitable educational opportunities by supporting programs that foster academic, social-emotional, career readiness, and self-advocacy skills, empowering children to thrive in an ever-changing world.
Healthcare: Supporting organizations providing equitable access to medical care, therapies, and early interventions, ensuring every child can grow, thrive, and achieve a brighter future.
Child Wellbeing: Ensuring family stability and child well-being by providing essential resources, reducing barriers to participation, and creating opportunities for all children to grow, thrive, and experience joy.
Grantmaking
In August 2025, the foundation hosted an event for nonprofit partners with two main components: an education hour focused on emerging AI technology and how nonprofits can utilize it, followed by a networking session. The education hour was recorded and distributed to partners for broader team sharing. Partner feedback was positive, with organizations appreciating the foundation's attention to detail and expressing interest in future events.
Grant Range
$1,000–$300,000
Ready to take the next step with 47th Avenue Foundation?
Geographic Focus
Where this funder awards grants
The foundation's primary geographic focus is the greater Seattle area and Washington State. The foundation also has documented grant-making activity in New York and North Carolina.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $59,983,712
- Total giving: $1,938,316
- Total revenues: $1,123,751
- Total expenses: $3,034,121
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $59,983,712 | $56,072,857 | $51,051,792 |
| Revenue | $1,123,751 | $1,038,340 | $-2,336,741 |
| Expenses | $3,034,121 | $2,206,296 | $715,651 |
| Qualifying Distributions | $2,872,314 | $2,055,280 | $582,411 |
| Net Investment Income | $997,013 | $863,183 | $692,461 |
| Distributable Amount | $2,901,295 | $2,632,746 | $2,660,794 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Museum of Flight ($300,000), Kindering ($255,000), Wake Forest University ($230,031).
| Recipient | Purpose | Amount |
|---|---|---|
| AKIN SEATTLE, WA | GENERAL OPERATING | $20,000 |
| ALLIANCE FOR EDUCATION SEATTLE, WA | GENERAL OPERATING | $40,000 |
| ASSOCIATED RECREATION COUNCIL SEATTLE, WA | GENERAL OPERATING | $20,000 |
| BELLEVUE BOYS AND GIRLS CLUB BELLEVUE, WA | GENERAL OPERATING | $20,000 |
| BELONG PARTNERS SEATTLE, WA | GENERAL OPERATING | $30,000 |
| BIG BROTHERS BIG SISTERS OF PUGET SOUND BELLEVUE, WA | GENERAL OPERATING | $50,000 |
| BOYER CHILDREN'S CLINIC SEATTLE, WA | GENERAL OPERATING | $35,000 |
| CENTER FOR CHILDREN & YOUTH JUSTICE SEATTLE, WA | GENERAL OPERATING | $20,000 |
| CLOONEY FOUNDATION FOR JUSTICE NEW YORK, NY | GENERAL OPERATING | $100,000 |
| COMMUNITY SCHOOL OF WEST SEATTLE SEATTLE, WA | GENERAL OPERATING | $5,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Lindsey Wellmon: President
- Ozy Zebarjadi: Vice President of Operations
The foundation employs 3 staff members total.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LINDSEY WELLMON | EXECUTIVE DIRECTOR | 40 | $179,922 |
Recent News & Activity
Recent developments and announcements
The foundation actively engages with its nonprofit partner network. In October 2025, the foundation highlighted partner organizations' needs, including Vine Maple Place's search for more than 80 volunteers to support local children navigating homelessness and uncertainty.
Avista Foundation awards 40 grants supporting education andSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does 47th Avenue Foundation fund?
**Mission:** The 47th Avenue Foundation is dedicated to empowering children and families in the greater Seattle area. The foundation believes that transforming one life can spark a ripple effect, creating stronger and more connected communities. Through partnerships with forward-thinking organizations, the foundation champions proactive solutions to today's challenges while fostering hope for a brighter tomorrow. **Primary Funding Pillars:** • **Education:** Advancing equitable educational oppo…
How do I apply for a grant from 47th Avenue Foundation?
**Grant Characteristics:** • Typical grant range: $1,000–$300,000 • Median grant size: $23,000 • Grant range: $3,000–$300,000 • Annual giving: Approximately $1.7–$1.9 million • Number of grants: 49 grants annually (2024) • Giving rate: 2.8% of assets **Application Policy:** The foundation operates on an invite-only basis and does not accept unsolicited applications. **Recent Grant Activity:** • Museum of Flight: $300,000 (Endowment/General Operating, December 2024) • Kindering Center: General O…
Where does 47th Avenue Foundation make grants?
The foundation's primary geographic focus is the greater Seattle area and Washington State. The foundation also has documented grant-making activity in New York and North Carolina.
What size grants does 47th Avenue Foundation award?
In 2024, 47th Avenue Foundation awarded 50 grants totaling $1.9M — an average of about $39K per grant, based on its IRS Form 990 filings.
How much is 47th Avenue Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, 47th Avenue Foundation reported a distributable amount of $2.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is 47th Avenue Foundation's EIN?
47th Avenue Foundation's EIN (Employer Identification Number) is 84-6884500. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in 47th Avenue Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Thurgood Marshall PTA
SEATTLE, WA
Assets
$186K
Grants
1
Total Given
$224K
The Hare Bnb Rescue Spa and Boutique
LACEY, WA
Assets
$5K
Grants
1
Total Given
$400
Meadowdale Junior Football
EDMONDS, WA
Assets
$12K
Grants
0
Total Given
—
Cmr Foundation
STANWOOD, WA
Assets
$1.0M
Grants
2
Total Given
$1.5M
Sequim Masonic Lodge Foundation
CARLSBORG, WA
Assets
$1.3M
Grants
12
Total Given
$30K
Foundation House at Northgate
GIG HARBOR, WA
Assets
$223K
Grants
16
Total Given
$159K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with 47th Avenue Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching 47th Avenue Foundation to a real strategy.