Heed Foundation

Private foundation · Grantmaker Bellingham, WA EIN: 94-3401972

Heed Foundation is a private foundation, based in Bellingham, WA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $12K.

Key facts about Heed Foundation

In short: Heed Foundation gave $12K across 2 grants in 2024 (avg $6K), mostly in Washington. Source: 2024 IRS Form 990-PF.

EIN
94-3401972
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$12,356
Grants made (2024)
2
Average grant
$6,178
Median grant
$6,178
Primary geography
Washington (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$12K

+394.2% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$6K

+147.1% YoY

Under IRS private-foundation payout rules, Heed Foundation reported a distributable amount of $591 for 2024 — the minimum it must pay out in qualifying distributions.

How Heed Foundation gives

  • Giving grew 2371% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 2 itemized grants.

States

Cities

Seattle

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K1 grant2020 1 grant2021 0 grants2022 1 grant2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $500 (2021) to $12K (2024). In 2024 it made 2 grants totaling $12K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Incor: $6KIncor$6KNAMI Washington: $6KNAMI Washington$6K

The largest 2024 recipient was Incor ($6K). Together the top 2 received $12K.

Grant Size Distribution

5 grants across all recorded years

5<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Incor Seattle, WASupport humanitarin relief.$6,178
NAMI Washington Seattle, WASupport NAMI education program$6,178

Financial History

Multi-year comparison from IRS filings

Expenses
Qualifying Distributions
$0$5K$10K$15K2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$12,356$14,856
Expenses$12,356$2,500—
Qualifying Distributions$12,897$2,500—
Distributable Amount$591$665$732

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 9, 2022)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Heed Foundation is led by Karen Noel, President since 2024 (on filings since 2020); none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Karen Noel

    President

    Vice President → President, 2024

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Cory Carlson

    Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Gerald Peterson

    Treasuser

    Treasurer → Treasuer, 2022

    Treasuer → Treasuser, 2024

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Herbert Strouss (2020–2021) — President

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.

Frequently asked questions about Heed Foundation

How much does Heed Foundation give each year?

Heed Foundation gave $12K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3K across 1 grant.

Where does Heed Foundation operate?

Heed Foundation has awarded grants in Washington.

How much is Heed Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Heed Foundation reported a distributable amount of $591 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Heed Foundation's EIN?

Heed Foundation's EIN (Employer Identification Number) is 94-3401972. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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