Lily Pointe Foundation

BELLEVUE, WA EIN: 27-1540216

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.9M

+52.0% YoY

Annual Giving

$1.2M

+150.5% YoY

Grant Count

17

-10.5% YoY

Avg Grant Size

$70K

+179.9% YoY

Under IRS private-foundation payout rules, Lily Pointe Foundation reported a distributable amount of $515K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission centers on selecting organizations to receive contributions that further its charitable objectives. Primary funding areas include:

  • Education and science learning for youth
  • Health and medical research, including cancer immunotherapy research
  • Human services and family support
  • Youth ocean advocacy programs
  • Community health initiatives

Grantmaking

The foundation indicates it operates on a preselected basis, suggesting grants are made to organizations identified by the foundation rather than through open application processes.

Grant Range

$1,000–$500,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation supports organizations primarily in:

  • Washington State (including Redmond and Snohomish Valley)
  • Texas
  • Nevada

Grant Distribution by State

8states

Cities

Colorado SpringsDallasFort LauderdaleHaikuLahainaLas VegasLos AngelesNew YorkNorth BendPullmanRedmondSan DiegoSeattleWacoWailukuWeatherford

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total assets: $8,931,981
  • Total revenues: $4,321,301
  • Total expenses: $1,265,120

Historical Assets (2023):

  • Total assets: $5,880,000
  • Total revenues: $3,790,000
  • Total expenses: $503,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M20202021202220232024
Metric202420232022
Total Assets$8,931,981$5,875,800$2,584,040
Revenue$4,321,301$3,794,366$147,075
Expenses$1,265,120$502,606$423,532
Qualifying Distributions$1,195,000$477,119$395,000
Net Investment Income$4,103,839$315,148$76,577
Distributable Amount$514,724$355,794$216,176

Giving Over Time

Total grant dollars and number of grants per year

$0$299K$598K$896K$1M9 grants202016 grants202115 grants202219 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SWEDISH HOSPITAL$500KFRED HUTCHINSON CANCER C…$200KENCOMPASS$75KALZHEIMERS ASSOCIATION$50KFRED HUTCHINSON CANCER C…$50KHOPELINK$50KSEATTLE CHILDREN'S HOSPI…$50KUSA DIVING FOUNDATION$50KWSU FOUNDATION$50KWET NOSES RESCUE$45K

Grant Size Distribution

76 grants across all recorded years

51<$50K20$50–100K3$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Swedish Hospital ($500,000), Fred Hutchinson Cancer Center ($200,000), Encompass ($75,000).

RecipientPurposeAmount
ALZHEIMERS ASSOCIATION SEATTLE, WACARE CONSULTING$50,000
EAST MAUI ANIMAL REFUGE HAIKU, HIGENERAL SUPPORT$1,000
ENCOMPASS NORTH BEND, WACHALLENGE MATCH FUNDRAISING$75,000
FATHER JOE'S VILLAGES SAN DIEGO, CAGENERAL SUPPORT$25,000
FRED HUTCHINSON CANCER CENTER SEATTLE, WATCR IMMUNOTHERAPY FOR GLIOBLASTOMA$50,000
FRED HUTCHINSON CANCER CENTER SEATTLE, WANANA'S ENDOWMENT$200,000
FUZZY FRIENDS RESCUE WACO, TXGENERAL SUPPORT$3,000
HARMONY HAVEN CAT SANCTUARY WEATHERFORD, TXGENERAL SUPPORT$1,000
HOPELINK REDMOND, WASUPPORT FAMILIES IN REDMOND & SNO-VA$50,000
SEATTLE AQUARIUM SEATTLE, WAYOUTH OCEAN ADVOCATE PROGRAM$25,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Laura Weaks - President
  • Henry Weaks - Vice President/Treasurer
  • John Deininger - Secretary
  • Carol-Ann O'Mack - Governor

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOHN DEININGERSECRETARY
LAURA WEAKSPRESIDENT1
HENRY WEAKSVP / TREASURER1

Contact Information

Mailing Address: 2275 116th Ave NE Ste 100 Bellevue, WA 98004-3032

Phone: 425-591-5619

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Lily Pointe Foundation fund?

The foundation's mission centers on selecting organizations to receive contributions that further its charitable objectives. Primary funding areas include: • Education and science learning for youth • Health and medical research, including cancer immunotherapy research • Human services and family support • Youth ocean advocacy programs • Community health initiatives

How do I apply for a grant from Lily Pointe Foundation?

**Grant Activity:** • Total giving: $1,195,000 (most recent fiscal year) • Typical grant range: $1,000–$500,000 • Recent grants made: 17-19 grants annually **Recent Grants (2024):** • Fred Hutchinson Cancer Center (SCCA) - Nana's Endowment: $200,000 • Fred Hutchinson Cancer Center (SCCA) - TCR Immunotherapy for Glioblastoma: $50,000 • Hopelink - Support Families in Redmond & Snohomish Valley: $50,000 **Application Process:** The foundation indicates it operates on a preselected basis, suggestin…

Where does Lily Pointe Foundation make grants?

The foundation supports organizations primarily in: • Washington State (including Redmond and Snohomish Valley) • Texas • Nevada

What size grants does Lily Pointe Foundation award?

In 2024, Lily Pointe Foundation awarded 17 grants totaling $1.2M — an average of about $70K per grant, based on its IRS Form 990 filings.

How much is Lily Pointe Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Lily Pointe Foundation reported a distributable amount of $515K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Lily Pointe Foundation's EIN?

Lily Pointe Foundation's EIN (Employer Identification Number) is 27-1540216. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Lily Pointe Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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