Oscar T and Olivann Hokold Foundation
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
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
**
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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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
135 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEAN M PATTERSON | PRESIDENT-FNDN, CEO-HOKOLD | 40 | $251,044 |
| MILLIE SCHULZ | SECR/TREAS-FNDN, COO-HOKOLD | 40 | $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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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