Project 42
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.
Ready to take the next step with Project 42?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Franklin News Foundation ($1,206,550), League of Our Own Washington ($552,500), Citizens Action Defense Fund ($300,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LEAGUE OF OUR OWN WASHINGTON SNOHOMISH, WA | FEMALE CANDIDATE RECRUITING AND TRAINING | $552,500 |
| FRANKLIN NEWS FOUNDATION CHICAGO, IL | MEDIA INVESTIGATIVE REPORTING | $1,206,550 |
| CITIZENS ACTION DEFENSE FUND TUMWATER, WA | FUND LITIGATION AND COURT EDUCATION PROJECT PURPOSES | $300,000 |
| CHANGE WASHINGTON SNOHOMISH, WA | SUPPORT ACCOUNTABILITY AND PUBLIC SAFETY ISSUES IN WASHINGTON | $50,000 |
| FULL COURT PRESS SAN ANTONIO, TX | GENERAL SUPPORT | $40,000 |
| WASHINGTON VETERANS VOTE CHENEY, WA | GENERAL SUPPORT | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVE GORDON | CHAIR/TREASURER | 5 | — |
| BRIAN HEYWOOD | VICE CHAIR/SECRETARY | 0.5 | — |
Frequently Asked Questions
How large is Project 42?
As of 2024, Project 42 holds $383K in total assets with $4.3M in annual revenue. It awarded 6 grants totaling $2.2M in 2024.
Where does Project 42 operate?
Project 42 has awarded grants in Illinois, Texas, Washington, Wisconsin.
What size grants does Project 42 award?
In 2024, Project 42 awarded 6 grants totaling $2.2M — an average of about $362K per grant, based on its IRS Form 990 filings.
What is Project 42's EIN?
Project 42's EIN (Employer Identification Number) is 84-4888807. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Project 42's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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