Fosseen Foundation
Fosseen Foundation is a private foundation, based in SPOKANE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $730K in total assets. In 2024, it awarded 26 grants totaling $200K. Net investment income was $148K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$730K
-6.7% YoY
Annual Giving
$200K
+30.3% YoY
Grant Count
26
+4.0% YoY
Avg Grant Size
$8K
+25.3% YoY
Under IRS private-foundation payout rules, Fosseen Foundation reported a distributable amount of $177K for 2024 — the minimum it must pay out in qualifying distributions.
About Fosseen Foundation
Based on IRS filings
Fosseen Foundation is a private foundation, based in SPOKANE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $730K in total assets. In 2024, it awarded 26 grants totaling $200K. Net investment income was $148K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $729,903 | $782,727 | $884,471 |
| Revenue | $149,123 | $56,216 | $157,333 |
| Expenses | $201,947 | $157,960 | $203,019 |
| Qualifying Distributions | $200,000 | $153,500 | $201,500 |
| Net Investment Income | $148,323 | $55,491 | $156,645 |
| Distributable Amount | $177,233 | $148,692 | $166,555 |
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
128 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Human Good Foundation ($30,000), Big Brothers Big Sisters Columbia Northwest ($25,000), Plymouth Housing Group ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WOMEN AND CHILDREN'S FREE RESTAURANT SPOKANE, WA | GRANT | $2,500 |
| 4 A BETTER HAVASU LAKE HAVASU CITY, AZ | GRANT | $20,000 |
| AMERICAN BOXER CHARITABLE FOUNDATION MT DORA, FL | GRANT | $5,000 |
| BIG BROTHERS BIG SISTERS COLUMBIA NORTHWEST PORTLAND, OR | GRANT | $25,000 |
| BLESSINGS UNDER THE BRIDGE SPOKANE VALLEY, WA | GRANT | $4,000 |
| CHILDREN'S VILLAGE OF CD'A COEUR DALENE, ID | GRANT | $15,000 |
| FIRST TEE SPOKANE, WA | GRANT | $5,000 |
| HOSPICE OF SPOKANE SPOKANE, WA | GRANT | $1,000 |
| HUMAN GOOD FOUNDATION GLENDALTE, CA | GRANT | $30,000 |
| UNION GOSPEL MISSION OF INLAND NORTHWEST SPOKANE, WA | GRANT | $6,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NEAL R FOSSEEN JR | TRUSTEE | 1 | — |
| WILLIAM ROGER FOSSEEN | TRUSTEE | 1 | — |
| DONOL N FOSSEEN | PRESIDENT | 1 | — |
| WILLIAM C CHRISTENSEN | TREASURER | 1 | — |
Frequently Asked Questions
How large is Fosseen Foundation?
As of 2024, Fosseen Foundation holds $730K in total assets with $149K in annual revenue. It awarded 26 grants totaling $200K in 2024.
Where does Fosseen Foundation operate?
Fosseen Foundation has awarded grants in Arizona, California, Florida, Idaho, Indiana, Maryland, Oregon, Washington.
What size grants does Fosseen Foundation award?
In 2024, Fosseen Foundation awarded 26 grants totaling $200K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Fosseen Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Fosseen Foundation reported a distributable amount of $177K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Fosseen Foundation's EIN?
Fosseen Foundation's EIN (Employer Identification Number) is 91-1620966. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Fosseen 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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