Apex Foundation
Apex Foundation is a private foundation based in Bellevue, Washington. In 2024, it reported 202 grants totaling $5,707,914 to charitable organizations, including organizations working in health and medical research, mental health, arts and culture, education and youth support, and community support.
Apex Foundation at a glance
In short: Apex Foundation gave $5.7M across 202 grants in 2024 (avg $28K), top state Washington. 31% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $5,707,914
- -6.7% vs 2023
- Grants made (2024)
- 202
- +2.0% vs 2023
- Average grant
- $28,257
- -8.5% vs 2023
- Median grant
- $5,000
- Total assets
- $147,826,665
- +16.4% vs 2023
- New grantees (estimate)
- 31% first-time grantees (47 of 152, 2024)
- Primary geography
- Washington (40% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Apex Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 245, Bellevue, WA 98009
Phone: (425) 460-2500
Website: https://theapexfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Apex Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Jed Foundation ($1.1M across 4 grants). Together the top 10 received $3.4M.
Grant Size Distribution
1,062 grants across all recorded years
The most common grant size was under $50K: 892 grants of 1,062 (84%).
Geographic Focus
Where this funder awards grants
In 2024, Washington organizations received 40% of grant dollars, New York organizations 23%, Arizona organizations 6%, and Ohio organizations 5%. The filing also reports 4% for an unspecified recipient state. Examples of 2024 grantees include organizations in Washington, New York, Arizona, Ohio, Texas, Maryland, South Carolina, and California.
Grant Distribution by State
Share of 2024 grant dollars across all 202 itemized grants.
States
Cities
Is Apex Foundation open to new grantees?
31%
first-time grantees, 2024
In 2024, 47 of 152 grantees (31%) were first-time recipients. First grants averaged $10K; repeat grants $50K. How we count
Medians: $5K first-time, $10K repeat.
- 57% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+6%). Method
- In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5.4M (2021) to $6.6M (2022). In 2024 it made 202 grants totaling $5.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Benaroya Research Institute at Virginia Mason Seattle, WA | Health Promotion and Medical Research | $750,000 |
| Jed Foundation New York, NY | Mental Health | $750,000 |
| Pima Air & Space Museum Tucson, AZ | Arts, Culture, and History | $300,000 |
| Seattle Aquarium Seattle, WA | Arts, Culture, and History | $300,000 |
| Jed Foundation New York, NY | Mental Health | $250,000 |
| National Medal of Honor Museum Foundation Arlington, TX | Arts, Culture, and History | $250,000 |
| National Aviation Hall of Fame Dayton, OH | Arts, Culture, and History | $200,000 |
| Northwest Maritime Center Port Townsend, WA | Education and Youth Support | $125,000 |
| Aopa Foundation Frederick, MD | Education and Youth Support | $100,000 |
| Congressional Medal of Honor Society Mt Pleasant, SC | Arts, Culture, and History | $100,000 |
Ready to take the next step with Apex Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $147,826,665 | $29,489,742 | $8,634,963 | $5,707,914 | 202 | $6,816,697 | $13,125,206 | $7,961,797 |
| 2023 | $126,969,748 | $13,856,269 | $9,604,073 | $6,116,422 | 198 | $7,134,180 | $5,396,393 | $6,852,840 |
| 2022 | $122,720,517 | $6,595,370 | $10,242,811 | $6,604,049 | 220 | $7,530,768 | $5,296,081 | $7,086,531 |
| 2021 | $126,540,006 | $596,052 | $7,424,354 | $5,401,251 | 206 | $6,264,412 | $1,594,084 | $7,546,984 |
| 2020 | $133,370,002 | $8,081,307 | $7,603,817 | $5,483,267 | 236 | — | $7,489,738 | $6,272,836 |
Under IRS private-foundation payout rules, Apex Foundation reported a distributable amount of $8.0M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants include support for health promotion and medical research, mental health, arts, culture and history, education and youth support, and community support.
The grantees’ own descriptions illustrate the range of organizations supported. Northwest Maritime Center says it engages and educates people of all generations in maritime life. Whim W’Him says it nurtures community through contemporary dance. Swedish Medical Center Foundation says it supports regional health care, while Caterina’s Club says it provides meals, housing assistance, basic needs, and youth job training to low-income families and children in Southern California.
Grantmaking
In 2024, the foundation made 202 grants totaling $5,707,914. Grant amounts ranged from $40 to $750,000, with a median of $5,000.
Among its largest 2024 grants were $750,000 to Benaroya Research Institute at Virginia Mason for health promotion and medical research and $750,000 to the Jed Foundation for mental health. It gave $300,000 each to Pima Air & Space Museum and Seattle Aquarium for arts, culture, and history. Other notable grants included $250,000 to National Medal of Honor Museum Foundation, $200,000 to National Aviation Hall of Fame, and $125,000 to Northwest Maritime Center.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Craig W. Stewart as president; Jolene M. McCaw and Bruce R. McCaw as co-vice presidents; Ryan Porter as treasurer; and Aurelie McKinstry as executive director/secretary.
Apex Foundation is led by Aurelie McKinstry, Executive Director & Secretary on every filing since 2020; 3 of 5 officers listed in 2024 are compensated.
Officers on the 2024 filing
Aurelie McKinstry
Executive Director & Secretary
On filings since 2020
40 hrs/week
$176K (2020) → $208K (2024)
Craig W. Stewart
President
On filings since 2020
30 hrs/week
$224K (2020) → $262K (2024)
Ryan Porter
Treasurer
On filings since 2020
20 hrs/week
$163K (2020) → $203K (2024)
Bruce R. McCaw
Co-Vice President
Vice President → Co-Vice President, 2024
On filings since 2020
5 hrs/week
No compensation reported
Jolene M. McCaw
Co-Vice President
Vice President → Co-Vice President, 2024
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $262K, to Craig W Stewart (President). 3 officers or directors reported compensation on that filing.
Frequently asked questions about Apex Foundation
How much does Apex Foundation give each year?
Apex Foundation gave $5.7M across 202 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6.1M across 198 grants.
What is Apex Foundation's typical grant size?
Apex Foundation's median grant in 2024 was $5,000, and its average grant was $28,257, across 202 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Apex Foundation that year got $10K on average.
Where does Apex Foundation give grants?
Apex Foundation's top state is Washington, with 40% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (23%) and Arizona (6%). The most frequent recipient cities were Seattle, WA (56 grants), Bellevue, WA (11 grants), Washington, DC (10 grants) and New York, NY (9 grants).
Does Apex Foundation give general operating support?
Not in 2024: none of the 202 grants with a stated purpose on Apex Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Arts, Culture, and History" (47 grants), "Health Promotion and Medical Research" (27 grants) and "Education and Youth Support" (26 grants).
Who are Apex Foundation's largest grantees?
Apex Foundation's largest 2024 grantees include Jed Foundation ($1,100,000 across 4 grants), Benaroya Research Institute at Virginia Mason ($750,000) and Pima Air & Space Museum ($325,000 across 2 grants), according to its 2024 IRS Form 990-PF. Together they received 38% of its itemized 2024 grant dollars.
How large is Apex Foundation?
Apex Foundation reported $147.8M in total assets on its 2024 IRS Form 990-PF. It paid out $6.8M in qualifying distributions that year, against a required minimum of $8.0M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Apex Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants include support for health promotion and medical research, mental health, arts, culture and history, education and youth support, and community support. See mission & focus areas ↑
How do I apply for a grant from Apex Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Apex Foundation's EIN?
Apex Foundation's EIN (Employer Identification Number) is 91-1950397. IRS Form 990 filing data is available on this page for 2020–2024.
Does Apex Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Apex Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/apex-foundation-morg_4a7a3842656e422fba513e3ddb9afe35
BibTeX
@misc{grantable_911950397_2026,
author = {{Grantable}},
title = {{Apex Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/apex-foundation-morg_4a7a3842656e422fba513e3ddb9afe35},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Apex Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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