Boat Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FERNDALE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 5 grants totaling $31K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7K
-62.9% YoY
Annual Giving
$31K
-66.5% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$6K
-66.5% YoY
Under IRS private-foundation payout rules, Boat Foundation reported a distributable amount of $598 for 2024 — the minimum it must pay out in qualifying distributions.
About Boat Foundation
Based on IRS filings
Boat Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FERNDALE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 5 grants totaling $31K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,000 | $18,843 | $14,841 |
| Revenue | $22,542 | $101,000 | $111,500 |
| Expenses | $34,385 | $96,998 | $102,252 |
| Qualifying Distributions | $34,385 | $96,998 | $102,252 |
| Net Investment Income | — | — | — |
| Distributable Amount | $598 | $1,012 | $685 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Praxedes Villareal ($9,500), Second Wake up House ($6,000), Kelly Franzen ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SECOND WAKE UP HOUSE BELLINGHAM, WA | SUPPORT FAITH-BASED, SOBER LIVING COMMUNITY | $6,000 |
| EDITH MISANES FERNDALE, WA | DENTAL WORK ASSISTANCE | $4,400 |
| JULIE HAWKES BELLINGHAM, WA | HOUSING ASSISTANCE | $5,000 |
| KELLY FRANZEN FERNDALE, WA | LUMMI RELIGIOUS EVENT | $6,000 |
| PRAXEDES VILLAREAL ESCONDIDO, WA | STUDENT LOAN-FINANCIAL ASSIST | $9,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRUCE D BARLEAN | PRESIDENT/SECRETARY/TREASU | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Boat Foundation?
Boat Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FERNDALE, WA. It holds $7K in total assets as of 2024.
How large is Boat Foundation?
As of 2024, Boat Foundation holds $7K in total assets with $23K in annual revenue. It awarded 5 grants totaling $31K in 2024.
Where does Boat Foundation operate?
Boat Foundation has awarded grants in Hawaii, Washington.
What size grants does Boat Foundation award?
In 2024, Boat Foundation awarded 5 grants totaling $31K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Boat Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Boat Foundation reported a distributable amount of $598 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Boat Foundation's EIN?
Boat Foundation's EIN (Employer Identification Number) is 26-0769777. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Boat Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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