Project 42

PACIFIC, WA EIN: 84-4888807

TO SUPPORT BUILDING INFRASTRUCTURE IN WASHINGTON STATE AROUND FREE MARKETS, PERSONAL LIBERTY, AND PUBLIC SAFETY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$383K

+563.8% YoY

Annual Giving

$2.2M

+29.1% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$362K

+29.1% YoY

About Project 42

Based on IRS filings

Project 42 is a nonprofit organization, based in PACIFIC, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $383K in total assets. In 2024, it awarded 6 grants totaling $2.2M. Net investment income was $25.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

CheneyChicagoMiddletonSan AntonioSeattleSnohomishSumnerTumwater

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M20202021202220232024
Metric202420232022
Total Assets$383,454$57,764$7,976
Revenue$4,328,470$3,265,631$1,968,423
Expenses$4,002,878$3,215,843$2,093,120
Qualifying Distributions
Net Investment Income$25$1,585$-2,037
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$544K$1M$2M$2M3 grants20203 grants20215 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

FRANKLIN NEWS FOUNDATION$1.2MLEAGUE OF OUR OWN WASHIN…$553KCITIZENS ACTION DEFENSE …$300KCHANGE WASHINGTON$50KFULL COURT PRESS$40KWASHINGTON VETERANS VOTE$25K

Grant Size Distribution

23 grants across all recorded years

5<$50K7$50–100K4$100–250K3$250–500K3$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEVE GORDONCHAIR/TREASURER5
BRIAN HEYWOODVICE CHAIR/SECRETARY0.5

Related Funders

Similar funders by location and focus area

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

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