Evergreen Business Capital Foundation
Evergreen Business Capital Foundation is a private foundation focused on Community Improvement & Capacity Building, based in Seattle, WA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 1 grant totaling $100K. Net investment income was $190K.
Evergreen Business Capital Foundation at a glance
In short: Evergreen Business Capital Foundation gave $100K across 1 grant in 2025 (avg $100K), mostly in Washington. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $100,000
- Grants made (2025)
- 1
- Average grant
- $100,000
- Median grant
- $100,000
- Total assets
- $1,044,602
- +9.4% vs 2024
- Primary geography
- Washington (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Evergreen Business Capital Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Evergreen Business Capital Community Finance ($100K).
Grant Size Distribution
30 grants across all recorded years
The most common grant size was under $50K: 28 grants of 30 (93%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Evergreen Business Capital Foundation gives
- Giving held roughly steady from 2022 to 2025 (+0%). Method
- In 2025 it paid out 169% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $58K (2019) to $110K (2020). In 2025 it made 1 grant totaling $100K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Evergreen Business Capital Community Finance Seattle, WA | For economic development solutions that support small business stability, growth, and job creation | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,044,602 | $210,178 | $120,587 | $100,000 | 1 | $100,000 | $189,591 | $59,309 |
| 2024 | $955,011 | $53,495 | $10,419 | — | — | — | $43,076 | $56,132 |
| 2023 | $901,935 | $68,013 | $118,815 | $100,000 | 1 | $108,815 | $58,013 | $53,588 |
| 2022 | $952,737 | $85,661 | $121,377 | $100,000 | 14 | $100,207 | $73,695 | $63,424 |
| 2021 | $988,685 | $136,894 | $112,253 | $100,000 | 14 | — | $124,641 | $65,677 |
| 2020 | $965,141 | $65,518 | $122,064 | $110,000 | 12 | — | $53,454 | $60,219 |
| 2019 | $1,022,014 | $59,668 | $69,070 | $58,000 | 9 | — | $48,598 | $59,751 |
Under IRS private-foundation payout rules, Evergreen Business Capital Foundation reported a distributable amount of $59K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Evergreen Business Capital Foundation is led by Patricia Kibbe, President & CEO since 2025 (on filings since 2019); none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Patricia Kibbe
President & CEO
President & CEO → Board Member, 2024
Board Member → President & CEO, 2025
On filings since 2019
1 hr/week
No compensation reported
Ken Takahashi
Chair
Secretary → Vice Chair, 2023
Vice Chair → Chair, 2025
On filings since 2019
1 hr/week
No compensation reported
Rashad Morris
Board Member
Director → Chair, 2023
Chair → Board Member, 2025
On filings since 2019
1 hr/week
No compensation reported
Thomas Kuljam
Secretary
Director → Secretary, 2022
On filings since 2019
1 hr/week
No compensation reported
Karen McIver
Treasurer
Director → Treasurer, 2022
On filings since 2020
1 hr/week
No compensation reported
Stacy Tomuro
Vice Chair
Director → Board Member, 2024
Board Member → Vice Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Tara Vagen
Board Member
Director → Board Member, 2024
On filings since 2023
1 hr/week
No compensation reported
Amit Ranade
Board Member
On filings since 2024
1 hr/week
No compensation reported
David Frederick Combs
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Sarah Howard
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (11)
- Former: Tina Houston (2019–2024) — Board Member
- Former: Virginia Calvin (2019–2024) — Board Member
- Former: Annie Lant-Smith (2024) — Executive Vice President, COO & Assistant Secretary
- Former: Dana Amrine (2022–2023) — Director
- Former: Beto Yarce (2020–2022) — Director
- Former: Howard Barkhoff (2019–2021) — Treasurer
- Former: Rosario Carroll (2019–2021) — Vice Chair
- Former: Jack Brummel (2019–2020) — Director
- Former: Phil Jones (2019–2020) — Director
- Former: Dave Spurling (2019) — Director
- Former: Edna Peterson (2019) — COO
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Evergreen Business Capital Foundation
How much does Evergreen Business Capital Foundation give each year?
Evergreen Business Capital Foundation gave $100K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is Evergreen Business Capital Foundation?
Evergreen Business Capital Foundation reported $1.0M in total assets on its 2025 IRS Form 990-PF. It paid out $100K in qualifying distributions that year, against a required minimum of $59K (roughly 5% of its investment assets).
What is Evergreen Business Capital Foundation?
Evergreen Business Capital Foundation is a private foundation focused on Community Improvement & Capacity Building, based in Seattle, WA. It holds $1.0M in total assets as of 2025.
Where does Evergreen Business Capital Foundation operate?
Evergreen Business Capital Foundation has awarded grants in Alaska, Idaho, Oregon, Washington.
What is Evergreen Business Capital Foundation's EIN?
Evergreen Business Capital Foundation's EIN (Employer Identification Number) is 26-1088317. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 9, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 16, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 25, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 30, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 6, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 3, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work Evergreen Business Capital Foundation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Evergreen Business Capital Foundation's focus areas in our free grants database
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