Oscar T and Olivann Hokold Foundation

LAKEWOOD, WA EIN: 20-4298535

The Oscar T and Olivann Hokold Foundation is a private foundation established in 2006 and based in Lakewood, Washington. As a 501(c)(3) organization, the foundation operates as a grantmaking entity with approximately 26 employees and maintains total assets of approximately $109-110 million.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$108.7M

-1.2% YoY

Annual Giving

$2.8M

-1.6% YoY

Grant Count

31

-16.2% YoY

Avg Grant Size

$90K

+17.5% YoY

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

Mission & Focus Areas

The foundation focuses its philanthropic efforts on:

  • Philanthropy, Voluntarism & Grantmaking
  • Health and Diseases and Conditions
  • Human Services
  • Education

Grantmaking

The foundation is open to new applicants, with approximately 12% of new applicants receiving funding.

Grant Range

approximately $320

Average Grant

approximately $320

How to Apply

**

Ready to take the next step with Oscar T and Olivann Hokold Foundation?

Geographic Focus

Where this funder awards grants

The foundation primarily funds projects within Washington state, with particular activity in:

  • Bellevue
  • Bonney Lake
  • Bremerton
  • Kent
  • Lakewood
  • Puyallup
  • Seattle
  • Spanaway
  • Tacoma

Grant Distribution by State

1states

States

Cities

BellevueBonney LakeBremertonKentLakewoodPuyallupSeattleSpanawayTacoma

Financial History

Multi-year comparison from IRS filings

Most Recent Fiscal Year (2024):

  • Total Assets: $108.7–$109.9 million
  • Total Revenue: $20.1 million
  • Total Expenses: $20.8 million
  • Total Liabilities: $45.8 million

Previous Fiscal Year (2023):

  • Total Assets: $109,993,883
  • Total Revenue: $19,697,444
  • Total Expenses: $19,887,071
  • Investment Income and Dividends: $34,284
  • Net Rental Income: $2,603,093
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$11M$17M$23M20202021202220232024
Metric202420232022
Total Assets$108,724,760$109,993,883$110,774,593
Revenue$20,137,628$19,697,444$18,099,772
Expenses$20,827,704$19,887,071$18,314,386
Qualifying Distributions$3,345,435$3,520,530$3,194,025
Net Investment Income$2,655,359$3,330,903$2,979,411
Distributable Amount$3,381,307$3,474,342$3,316,420

Giving Over Time

Total grant dollars and number of grants per year

$0$706K$1M$2M$3M24 grants202021 grants202122 grants202237 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MARY BRIDGE CHILDREN'S F…$1.0MTHE COFFEE OASIS$250KBOYS AND GIRLS CLUBS$200KEMERGENCY FOOD NETWORK$150KTACOMA COMMUNITY HOUSE$150KSOUTH SOUND CARE FOUNDAT…$101KFRED HUTCHINSON CANCER R…$100KHOPE SPARKS$100KUNITED WAY$100KRESCUE MISSION$75K

Grant Size Distribution

135 grants across all recorded years

66<$50K29$50–100K29$100–250K6$250–500K$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Jean M. Patterson – President of the Foundation and CEO of Hokold (compensation: $249,232)
  • Millie Schulz – Secretary/Treasurer of the Foundation and COO of Hokold (compensation: $416,387)

Compensation Overview

From 2024 IRS filing

MILLIE SCHULZSECR/TREAS-FNDN, COO-HOKOLD$437KJEAN M PATTERSONPRESIDENT-FNDN, CEO-HOKOLD$251K

From 2024 filing

NameTitleHoursCompensation
JEAN M PATTERSONPRESIDENT-FNDN, CEO-HOKOLD40$251,044
MILLIE SCHULZSECR/TREAS-FNDN, COO-HOKOLD40$437,115

Recent News & Activity

Recent developments and announcements

The foundation has supported significant capital projects in the Pacific Northwest, including contributions toward the H-Barn restoration project in partnership with other major donors, demonstrating ongoing commitment to regional community development and infrastructure initiatives.

H-Barn Restoration Gains Momentum as Amazon & Hokold Foundation Donations\

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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