Friends of Seattle Waterfront
To bring people, communities, and resources together to ensure waterfront park thrives as a vibrant gathering space - uplifting locals, fostering connections and honoring seattle's natural beauty and stories.
Key facts about Friends of Seattle Waterfront
In short: Friends of Seattle Waterfront gave $20.1M across 3 grants in 2024 (avg $6.7M), mostly in Washington. Source: 2024 IRS Form 990.
- EIN
- 80-0867356
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $20,065,000
- Grants made (2024)
- 3
- Average grant
- $6,688,333
- Median grant
- $35,000
- Total assets
- $25,011,571
- Primary geography
- Washington (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$25.0M
-27.1% YoY
Annual Giving
$20.1M
-19.9% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$6.7M
-19.9% YoY
About Friends of Seattle Waterfront
Based on IRS filings
Friends of Seattle Waterfront is a public charity focused on Community Improvement & Capacity Building, based in Seattle, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $25.0M in total assets. In 2024, it awarded 3 grants totaling $20.1M. Net investment income was $2.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $7.6M (2020) to $25.1M (2023). In 2024 it made 3 grants totaling $20.1M.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was City of Seattle ($20.0M). Together the top 3 received $20.1M.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 5 grants of 9 (56%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| City of Seattle Seattle, WA | Capital Grant | $20,000,000 |
| Pike Place Market Foundation Seattle, WA | Community Programs | $35,000 |
| Seattle Aquarium Society Seattle, WA | Community Programs | $30,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,011,571 | $34,331,385 | $26,413,747 |
| Revenue | $21,016,878 | $40,720,932 | $21,501,273 |
| Expenses | $28,741,877 | $33,808,963 | $27,418,369 |
| Net Investment Income | $2,868,561 | $1,050,248 | $357,344 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS October 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS June 6, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 4, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Friends of Seattle Waterfront is led by Joy Shigaki, President & CEO since 2024 (on filings since 2022); 7 of 34 officers listed in 2024 are compensated.
Officers on the 2024 filing
Joy Shigaki
President & CEO
Executive Director → CEO, 2023
CEO → President & CEO, 2024
On filings since 2022
40 hrs/week
$127K (2022) → $291K (2024)
Maggie Walker
Chair & Director
President & Director → Chair & Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Yoon Kang-O'Higgins
Senior Director of Community Impact & Programs
Director of Public Programs → Senior Director of Community Impact & Programs, 2024
On filings since 2022
40 hrs/week
$143K (2022) → $170K (2024)
Shiva Shafii
Director of Marketing & Communications
New on the 2024 filing
40 hrs/week
$145K (2024)
Brady Pinero Walkinshaw
Director
On filings since 2020
1 hr/week
No compensation reported
Carla Lewis
Director
On filings since 2020
1 hr/week
No compensation reported
Carol Binder
Director
On filings since 2020
1 hr/week
No compensation reported
Chris Devore
Director
On filings since 2020
1 hr/week
No compensation reported
Dan Kully
Director
On filings since 2020
1 hr/week
No compensation reported
Falona Joy
Director
On filings since 2020
1 hr/week
No compensation reported
Jeannie Nordstrom
Director
Director → Secretary & Director, 2023
Secretary & Director → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
John Nesholm
Treasurer & Director
On filings since 2020
1 hr/week
No compensation reported
Kayley Runstad Swan
Director
On filings since 2020
1 hr/week
No compensation reported
Leonard Forsman
Director
On filings since 2020
1 hr/week
No compensation reported
Lori Metcalf
Director
On filings since 2020
1 hr/week
No compensation reported
Louie Ungaro
Director
On filings since 2020
1 hr/week
No compensation reported
Martha Kongsgaard
Director
On filings since 2020
1 hr/week
No compensation reported
Olive Goh
Secretary & Director
Director → Secretary & Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Patrick Gordon
Director
On filings since 2020
1 hr/week
No compensation reported
Ryan Smith
Director
On filings since 2020
1 hr/week
No compensation reported
Stuart Rolfe
Director
On filings since 2020
1 hr/week
No compensation reported
Tom Byers
Director
On filings since 2020
1 hr/week
No compensation reported
Hewan Teshome
Director
On filings since 2023
1 hr/week
No compensation reported
Julie Stein
Director
On filings since 2023
1 hr/week
No compensation reported
Karla Brollier
Director
On filings since 2023
1 hr/week
No compensation reported
Kevin Geiger
Director
On filings since 2023
1 hr/week
No compensation reported
Mike Halperin
Director
On filings since 2023
1 hr/week
No compensation reported
Charlie Wright
Vice Chair & Director
New on the 2024 filing
1 hr/week
No compensation reported
Michaela Raikes
Director
New on the 2024 filing
1 hr/week
No compensation reported
Saema Somalya
Director
New on the 2024 filing
1 hr/week
No compensation reported
Anna O'Donnell
Chief Philanthropy Officer
Chief Philantropy Officer → Chief Philanthropy Officer, 2022
On filings since 2021
40 hrs/week
$124K (2021) → $176K (2024)
Eldon Tam
Chief Operating Officer
On filings since 2022
40 hrs/week
$178K (2022) → $204K (2024)
Joey Smith
Assistant Director of Philanthropy
On filings since 2023
40 hrs/week
$103K (2023) → $106K (2024)
Frank Merges
Senior Manager of Marketing & Content
New on the 2024 filing
40 hrs/week
$107K (2024)
Former officers (25)
- Former: Charles Wright (2020–2023) — Vice Chair & Director
- Former: Mary Bass (2020–2023) — Director
- Former: Sandra Jackson-Dumont (2020–2023) — Director
- Former: Marie Kidhe (2021–2023) — Director of Community Relations
- Former: Amanda Streams (2023) — Director of Park Experience & Operations
- Former: Britt Rynearson (2023) — Communications Director
- Former: Maria Reyna (2023) — Assistant Director of Community Impact & Programs
- Former: Charles Royer (2020–2022) — Director
- Former: Paul Goodrich (2020–2022) — Director
- Former: P Thatcher Bailey (2021–2022) — Executive Director
- Former: Gene Duvernoy (2020–2021) — Director
- Former: Kyle McCoy (2020–2021) — Director
- Former: Leslie Hanauer (2020–2021) — Director
- Former: Margaret Shurgot (2020–2021) — Director of Philanthropy
- Former: Nicole Dansereau (2020–2021) — Director of Communications
- Former: Nicole Grant (2020–2021) — Director
- Former: Paul Keller (2020–2021) — Director
- Former: Stephanie Ellis-Smith (2020–2021) — Director
- Former: Ann O'Dowd (2021) — Production Manager
- Former: Elizabeth Wicklund (2021) — Senior Philanthropy Officer
- Former: Jeffrey Ozimek (2021) — Park Operations Manager
- Former: Yoon-Hee Kang (2021) — Director of Public Programs
- Former: Heidi Hughes (2020) — Executive Director Jan-Oct
- Former: Kollin Min (2020) — Director
- Former: Philip T Bailey (2020) — Executive Director Nov-Dec
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $291K, to Joy Shigaki (President and CEO). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Friends of Seattle Waterfront
How much does Friends of Seattle Waterfront give each year?
Friends of Seattle Waterfront gave $20.1M across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $25.1M across 3 grants.
What is Friends of Seattle Waterfront's typical grant size?
Friends of Seattle Waterfront's median grant in 2024 was $35,000, and its average grant was $6,688,333, across 3 grants on its 2024 IRS Form 990.
Where does Friends of Seattle Waterfront give grants?
Friends of Seattle Waterfront gives mostly in Washington: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Seattle, WA (3 grants).
Does Friends of Seattle Waterfront give general operating support?
Not in 2024: none of the 3 grants with a stated purpose on Friends of Seattle Waterfront's 2024 IRS Form 990 were described as general or operating support.
How large is Friends of Seattle Waterfront?
Friends of Seattle Waterfront reported $25.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $21.0M.
What is Friends of Seattle Waterfront?
Friends of Seattle Waterfront is a public charity focused on Community Improvement & Capacity Building, based in Seattle, WA. It holds $25.0M in total assets as of 2024.
What is Friends of Seattle Waterfront's EIN?
Friends of Seattle Waterfront's EIN (Employer Identification Number) is 80-0867356. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Friends of Seattle Waterfront by hand.
Explore Open Grants
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Friends of Seattle Waterfront down — hundreds of funders to go?