Island Thrift
Island Thrift is a nonprofit based in Oak Harbor, Washington, that supports Whidbey Island communities through an affordable thrift store and a community grants program. The IRS filing identifies it as Form 990 (a public charity).
Island Thrift at a glance
In short: Island Thrift gave $188K across 14 grants in 2024 (avg $13K), mostly in Washington. 23% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $188,400
- -17.7% vs 2023
- Grants made (2024)
- 14
- -53.3% vs 2023
- Average grant
- $13,457
- +76.4% vs 2023
- Median grant
- $11,000
- Total assets
- $1,718,456
- +13.7% vs 2023
- New grantees (estimate)
- 23% first-time grantees (3 of 13, 2024; small sample)
- Primary geography
- Washington (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Island Thrift
- How to Apply
-
Submit an application through Island Thrift’s grant application process. The website advises applicants to allow the stated lead times and limit submissions to one application per organization each year.
- Contact
Mailing address: 600 Se Barrington, Oak Harbor, WA 98277
Phone: (360) 675-1133
Website: https://islandthriftoakharbor.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
6 open opportunities from Island Thrift
Island Thrift Community Grants - Full Grant Application
Island Thrift
Amount
$5,001+
Deadline
Rolling (quarterly review)
Island Thrift Community Grants - Simple Grant Application
Island Thrift
Amount
$100 - $5,000
Deadline
Rolling (quarterly review)
Island Thrift Jo Balda Scholarship
Island Thrift
Amount
$1,000
Deadline
Deadline not published
Who Island Thrift funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was PBY Memorial Foundation ($30K). Together the top 10 received $165K.
Organizations only. It also paid 1 grant to individuals ($5,000), which are not listed by name.
Grant Size Distribution
98 grants across all recorded years
The most common grant size was under $50K: 97 grants of 98 (99%).
Geographic Focus
Where this funder awards grants
Island Thrift says it prioritizes grants benefiting the Greater Oak Harbor community, the Greater Coupeville community, or broader needs of Whidbey Island residents. Its 2024 filing reports that 100% of grant dollars went to recipients in Washington.
Grant Distribution by State
Share of 2024 grant dollars across all 14 itemized grants.
States
Cities
Is Island Thrift open to new grantees?
23%
first-time grantees, 2024
In 2024, 3 of 13 grantees (23%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $13K; repeat grants $14K. How we count
Medians: $12K first-time, $12K repeat.
- 54% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−15%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $163K (2020) to $229K (2023). In 2024 it made 14 grants totaling $188K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| PBY Memorial Foundation Oak Harbor, WA | Capital construction grant for a new museum building for the naval air museum in oak harbor wa as well as a matching grant event sponsorship for the pby celebration of flight 2024 to raise funds to support the pacific northwest navel air museum in oak harbor wa | $30,000 |
| Oak Harbor Music Fesival Oak Harbor, WA | Matching grant event sponsorship for the oak harbor music festival to provide a free community music festival in oak harbor wa | $20,500 |
| Boys and Girls Club of Oak Harbor Oak Harbor, WA | Matching grant event sponsorship for the bids for kids dinner auction 2024 to raise funds to provide youth services in oak harbor wa | $20,000 |
| Island Senior Resources Langley, WA | Maching general operating support grant supporting meals on wheels prepared meals for senior aged people on whidbey island wa | $20,000 |
| Steps Oak Harbor, WA | Multi-year general operting support grant for early intervention therapy for children with developmental delays and their families on whidbey island wa | $19,000 |
| Oak Harbor Senior Center Oak Harbor, WA | Multi-year general operating support grant to provide senior programming and a senior center for sinior age people in oak harbor wa | $14,400 |
| Whidbey Women's Clinic Oak Harbor, WA | Mulit-year general operating support grant to provide equipment, materials, and support to new parents and their babies on whidbey island wa | $12,000 |
| Soroptimist Oak Harbor, WA | For scholarships and support programs for women and gils on whidbey island wa | $10,000 |
| Whidbey Health Foundation Coupeville, WA | Even sponsorship grant for tur de whidbey 2023 to raise funds for community healthcare and the public hospital on whidbey island wa | $10,000 |
| Spin Cafe Oak Harbor, WA | Single year general operating support grant for providing hot meals to people experiencing homelessness in oak harbor wa | $9,000 |
Ready to take the next step with Island Thrift?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,718,456 | $1,326,074 | $1,129,259 | $188,400 | 14 | $28,520 |
| 2023 | $1,510,978 | $1,344,489 | $1,158,744 | $228,865 | 30 | $22,622 |
| 2022 | $1,313,693 | $1,370,857 | $1,055,653 | $220,550 | 23 | $1,826 |
| 2021 | $1,109,541 | $1,303,558 | $1,052,968 | $222,400 | 16 | $3,866 |
| 2020 | $895,118 | $874,057 | $883,499 | $162,500 | 15 | $8,898 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
Island Thrift’s mission is to help Whidbey Islanders thrive through an efficiently run thrift store that offers affordable shopping, a way to donate gently used items, and a community grants program. Its filing describes its grantmaking as contributions to Island County organizations and charities.
The organization’s website lists kids under 18, quality of life, and seniors as grant categories. Its 2024 grants included support for youth services, early intervention therapy, senior meals and programming, new-parent support, scholarships and programs for women and girls, community music, healthcare, meals for people experiencing homelessness, youth mentoring, and food assistance.
Among the 2024 grantees, the Oak Harbor Music Festival describes its mission as hosting a three-day event that contributes vibrance to the community. STEPS says it provides therapy, education, parent support, and resource coordination for young children with developmental delays. SPIN Cafe describes services including food, day shelters, referrals, counseling, and access to showers and laundry for vulnerable people. North Whidbey Help House says it provides emergency and supplemental food assistance.
Grantmaking
In filing year 2024, Island Thrift reported 14 grants totaling $188,400. Grant amounts ranged from $5,000 to $30,000, with a median of $11,000. The 2024 filing lists a $30,000 grant to PBY Memorial Foundation for a new museum building and event sponsorship, and a $20,500 grant to Oak Harbor Music Festival for a matching event sponsorship. Other listed awards included $20,000 to Boys and Girls Club of Oak Harbor, $20,000 to Island Senior Resources, and $19,000 to STEPS.
Island Thrift’s website says applications are accepted on a rolling basis. It asks applicants to apply at least 90 days before an event for event-related grants, and at least 60 days before funding is needed for other grants. It asks each organization to submit only one application per year; grants intended to be passed on to other groups or individuals are typically limited. Board decisions are made by majority vote and consider factors such as the number of people served, the organization’s needs and abilities, and potential funding from other sources.
The organization also lists three $1,000 scholarships for current Oak Harbor High School students. Applicants must have at least a 3.0 GPA; the scholarships have additional community-service or service-oriented criteria. Applications are made through the high school’s scholarship application process and reviewed by partners at the Oak Harbor Educational Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Alex Pfeiffer as president, Kyle Renninger as vice president, Peg Shannon as treasurer, and Jim Kotschwar as secretary. It also lists Gary Berner, Joe Mosolino, Beth Munns, Jim Slowik, Ken Eelkema, and Jim Palmer as board members.
Island Thrift is led by Alex Pfeiffer, President on every filing since 2020; none of the 14 officers listed in 2024 report compensation.
Officers on the 2024 filing
Alex Pfeiffer
President
On filings since 2020
2 hrs/week
No compensation reported
Beth Munns
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Gary Berner
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Jim Kotschwar
Secretary
Board Member → Secretary, 2023
On filings since 2020
2 hrs/week
No compensation reported
Jim Palmer
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Jim Slowik
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Joe Mosolino
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Ken Eelkema
Board Member
On filings since 2020
6 hrs/week
No compensation reported
Kyle Renninger
Vice President
Board Member → Vice President, 2023
On filings since 2020
4 hrs/week
No compensation reported
Peg Shannon
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Renee Hanks
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Jan Hughes
Board Member
On filings since 2022
2 hrs/week
No compensation reported
Lyn Bankowski
Board Member
On filings since 2022
2 hrs/week
No compensation reported
Julie Gammache
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (5)
- Former: Rhonda Severns (2021–2023) — Board Member
- Former: Dawn Shumate (2021–2022) — Board Member
- Former: Barry Sehlin (2020) — Board Member
- Former: Nida Paggao (2020) — Secretary
- Former: Samar Arny (2020) — Board Member
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 Island Thrift
How much does Island Thrift give each year?
Island Thrift gave $188K across 14 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $229K across 30 grants.
What is Island Thrift's typical grant size?
Island Thrift's median grant in 2024 was $11,000, and its average grant was $13,457, across 14 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Island Thrift that year got $13K on average.
Where does Island Thrift give grants?
Island Thrift 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 Oak Harbor, WA (10 grants) and Langley, WA (2 grants).
Does Island Thrift give general operating support?
Yes: 64% of Island Thrift's 2024 grants with a stated purpose (9 of 14) were for general or operating support, per its 2024 IRS Form 990.
Who are Island Thrift's largest grantees?
Island Thrift's largest 2024 grantees include PBY Memorial Foundation ($30,000), Oak Harbor Music Fesival ($20,500) and Boys and Girls Club of Oak Harbor ($20,000), according to its 2024 IRS Form 990. It also paid 1 grant to individuals ($5,000), which are not listed by name. Together they received 37% of its itemized 2024 grant dollars.
How large is Island Thrift?
Island Thrift reported $1.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.3M.
What does Island Thrift fund?
Island Thrift’s mission is to help Whidbey Islanders thrive through an efficiently run thrift store that offers affordable shopping, a way to donate gently used items, and a community grants program. Its filing describes its grantmaking as contributions to Island County organizations and charities. See mission & focus areas ↑
How do I apply for a grant from Island Thrift?
Submit an application through Island Thrift’s grant application process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Island Thrift's EIN?
Island Thrift's EIN (Employer Identification Number) is 91-0996800. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS March 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 11, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Island Thrift's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Island Thrift funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/island-thrift-morg_109dafebe959402eb5a5bcb4e35c9bfc
BibTeX
@misc{grantable_910996800_2026,
author = {{Grantable}},
title = {{Island Thrift funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/island-thrift-morg_109dafebe959402eb5a5bcb4e35c9bfc},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Island Thrift's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Island Thrift down — hundreds of funders to go?