Evertrust Foundation
The EverTrust Foundation is a private, company-sponsored foundation based in Everett, Washington, affiliated with Everett Mutual Savings Bank (also known as Everett Trust Bank). Established in 1993, the foundation operates as a 501(c)(3) tax-exempt organization and focuses on improving the lives of families in the region through targeted philanthropic support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.8M
+1.0% YoY
Annual Giving
$512K
-4.5% YoY
Grant Count
40
-2.4% YoY
Avg Grant Size
$13K
-2.1% YoY
Under IRS private-foundation payout rules, Evertrust Foundation reported a distributable amount of $430K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation aims to "improve the lives of Snohomish County families by providing support for food, shelter and health care, as well as educational programs that promote self-sufficiency."
Primary funding areas include:
- Human services
- Health and healthcare access
- Education
- Family services and basic needs support
Specific program interests encompass family shelter operations, youth program expansion, equipment and supply needs for nonprofits serving low-income populations, food and nutrition programs, home health patient assistance, dental care for low-income individuals, emergency assistance, and summer reading programs.
Grantmaking
Grant Range
s:** Grants typically range between $1,000 and $50,000, with average awards around $2,000–$40,000.
How to Apply
** The foundation does not maintain an active website to inform grantseekers. Interested organizations are encouraged to contact the foundation directly for information about current grantmaking opportunities and processes.
Ready to take the next step with Evertrust Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds local efforts in Snohomish County, Washington, with a focus on the Everett area and surrounding communities.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $6,848,569
- Total Revenues: $790,308
- Total Expenses: $723,559
- Total Liabilities: $288 (as of 2023)
As of 2023:
- Total Assets: $6.78M
- Revenue: $134,000
- Expenses: $739,000
The foundation files Form 990-PF annually with the IRS.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,848,569 | $6,781,982 | $7,388,986 |
| Revenue | $790,308 | $133,517 | $240,836 |
| Expenses | $723,559 | $739,114 | $752,349 |
| Qualifying Distributions | $654,366 | $676,859 | $677,063 |
| Net Investment Income | $731,372 | $100,829 | $167,872 |
| Distributable Amount | $430,432 | $407,275 | $431,563 |
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
202 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Assistance League ($35,000), Mari's Place ($30,000), Dawson Place Child Advocacy Center ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ASSISTANCE LEAGUE EVERETT, WA | FUNDING FOR OPERATION SCHOOL BELL | $35,000 |
| ASSISTANCE LEAGUE EVERETT, WA | CHRISTMAS GRANT | $5,000 |
| BOYS AND GIRLS CLUB EVERETT, WA | SUMMER CAMP PROGRAMS | $20,000 |
| BOYS AND GIRLS CLUB EVERETT, WA | GIFT IN HONOR OF LARRY HANSON | $2,500 |
| BOYS AND GIRLS CLUB EVERETT, WA | CHRISTMAS GRANT | $5,000 |
| CAMP FIRE OF SNOHOMISH COUNTY EVERETT, WA | CAMP KILLOQUA SCHOLARSHIPS | $20,000 |
| CHRISTMAS HOUSE EVERETT, WA | TEEN GIFTS | $2,000 |
| COCOON HOUSE EVERETT, WA | TRANSITIONS PROGRAM | $15,000 |
| COCOON HOUSE EVERETT, WA | CHRISTMAS GRANTS | $5,000 |
| COMPASS HEALTH EVERETT, WA | CHILD ADVOCACY PROGRAM | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- President: Margaret Bavasi
- Executive Director: Mary Sievers
The foundation does not employ paid staff members beyond these leadership positions and is governed by a board of directors.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NANCY KNIEST | PRESIDENT | 3 | — |
| TOM COLLINS | CO VICE-PRESIDENT | 2 | — |
| MARGARET BAVASI | CO VICE-PRESIDENT | 1 | — |
| THOMAS GAFFNEY | DIRECTOR | 1 | — |
| SARAH DUNCAN | DIRECTOR | 1 | — |
| ROSS RETTENMIER | DIRECTOR | 1 | — |
| BILL RUCKER | DIRECTOR | 1 | — |
| MARY B SIEVERS | EXECUTIVE DIRECTOR/SECRETA | 18 | $117,600 |
| ROBERT W BAUER | TREASURER | 0.25 | — |
| AMY ALLISON | DIRECTOR | 1 | — |
| BOBBY THOMPSON | DIRECTOR | 1 | — |
Contact Information
- Address: PO Box 1245, Everett, WA 98206-1245
- Phone: 425-339-1286
- Website: www.evertrustfoundation.com
Frequently Asked Questions
What does Evertrust Foundation fund?
The foundation aims to "improve the lives of Snohomish County families by providing support for food, shelter and health care, as well as educational programs that promote self-sufficiency." Primary funding areas include: • Human services • Health and healthcare access • Education • Family services and basic needs support Specific program interests encompass family shelter operations, youth program expansion, equipment and supply needs for nonprofits serving low-income populations, food and nut…
How do I apply for a grant from Evertrust Foundation?
**Grant Ranges:** Grants typically range between $1,000 and $50,000, with average awards around $2,000–$40,000. **Annual Giving:** The foundation has distributed over $500,000 annually in recent years. In 2024, the foundation made 56 grants totaling $511,700. **Recent Grantees (2024):** • Homage Senior Services (Meals on Wheels Program) — $25,000 • Project Access Northwest (Specialty Medical Care) — $25,000 • Volunteers of America Western Washington (March Against Hunger Campaign) — $25,000 • E…
Where does Evertrust Foundation make grants?
The foundation primarily funds local efforts in Snohomish County, Washington, with a focus on the Everett area and surrounding communities.
What size grants does Evertrust Foundation award?
In 2024, Evertrust Foundation awarded 40 grants totaling $512K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Evertrust Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Evertrust Foundation reported a distributable amount of $430K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Evertrust Foundation's EIN?
Evertrust Foundation's EIN (Employer Identification Number) is 91-1510567. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Evertrust 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 Evertrust 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 Evertrust Foundation to a real strategy.