Egtvedt Charitable Trust Special 1

LAS VEGAS, NV EIN: 32-0696134

Egtvedt Charitable Trust Special 1 is a private foundation, based in LAS VEGAS, NV. IRS filing data is available for 2023. As of 2023, the organization holds $48.0M in total assets. In 2023, it awarded 15 grants totaling $2.8M. Net investment income was $1.7M.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$48.0M

Annual Giving

$2.8M

Grant Count

Avg Grant Size

$186K

Under IRS private-foundation payout rules, Egtvedt Charitable Trust Special 1 reported a distributable amount of $3.3M for 2023 — the minimum it must pay out in qualifying distributions.

About Egtvedt Charitable Trust Special 1

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Washington $2.3M (83%)

California $363K (13%)

Florida $112K (4%)

States

California Florida Washington

Cities

BrandonLa MiradaLong BeachPasadenaSeattleSpokaneTacoma

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023
Total Assets	$48,020,906
Revenue	$1,855,758
Expenses	$2,994,359
Qualifying Distributions	$2,810,140
Net Investment Income	$1,659,412
Distributable Amount	$3,271,557

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 2023

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Seattle Childrens Hospital ($558,311), University of Washington ($334,987), Whitworth University ($251,240).

Recipient	Purpose	Amount
UNIVERSITY OF WASHINGTON SEATTLE, WA	GENERAL OPERATING	$334,987
IMMANUEL LUTHERAN CHURCH DEDICATED BRANDON, FL	GENERAL OPERATING	$111,662
THE KENNEY SEATTLE, WA	GENERAL OPERATING	$195,409
WHITWORTH UNIVERSITY SPOKANE, WA	GENERAL OPERATING	$251,240
SEATTLE CHILDRENS HOSPITAL SEATTLE, WA	GENERAL OPERATING	$558,311
SEATTLE PACIFIC UNIVERSITY SEATTLE, WA	GENERAL OPERATING	$195,409
UNITED WAY OF KING COUNTY SEATTLE, WA	GENERAL OPERATING	$41,873
PACIFIC LUTHERAN UNIVERSITY TACOMA, WA	GENERAL OPERATING	$195,409
FOSS HOME AND VILLAGE SEATTLE, WA	GENERAL OPERATING	$139,578
BALLARD FIRST LUTHERAN CHURCH SEATTLE, WA	GENERAL OPERATING	$111,662

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
WELLS FARGO BANK N A	TRUSTEE	1	$173,700

Frequently Asked Questions

How large is Egtvedt Charitable Trust Special 1?

As of 2023, Egtvedt Charitable Trust Special 1 holds $48.0M in total assets with $1.9M in annual revenue. It awarded 15 grants totaling $2.8M in 2023.

Where does Egtvedt Charitable Trust Special 1 operate?

Egtvedt Charitable Trust Special 1 has awarded grants in California, Florida, Washington.

What size grants does Egtvedt Charitable Trust Special 1 award?

In 2023, Egtvedt Charitable Trust Special 1 awarded 15 grants totaling $2.8M — an average of about $186K per grant, based on its IRS Form 990 filings.

How much is Egtvedt Charitable Trust Special 1 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Egtvedt Charitable Trust Special 1 reported a distributable amount of $3.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.