Puget Sound Energy Foundation
Puget Sound Energy Foundation is an independent, endowment-funded nonprofit that supports communities where Puget Sound Energy serves and operates. Its IRS filing lists its location as Wilmington, Delaware. The Foundation says its funding is not supported by utility customers or ratepayer dollars.
Puget Sound Energy Foundation at a glance
In short: Puget Sound Energy Foundation gave $1.2M across 451 grants in 2024 (avg $3K), mostly in Washington. 33% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,211,520
- +9.1% vs 2023
- Grants made (2024)
- 451
- +0.0% vs 2023
- Average grant
- $2,686
- +9.1% vs 2023
- Median grant
- $500
- Total assets
- $19,588,956
- +2.7% vs 2023
- New grantees (estimate)
- 33% first-time grantees (106 of 321, 2024)
- Primary geography
- Washington (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Puget Sound Energy Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The Foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Separately, its 2026 Competitive Grant Program provides an application process for eligible local nonprofits. Applications are reviewed by a team of local PSE employees.
- Review Cycle
- The 2026 Competitive Grant Program lists an application deadline of **April 20**; awards and communications are scheduled for the first week of June.
- Deadline
- The 2026 Competitive Grant Program lists an application deadline of April 20; awards and communications are scheduled…
- Contact
Mailing address: 501 Silverside Road 123, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Website: https://www.psefoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Puget Sound Energy Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was American National Red Cross ($101K across 6 grants). Together the top 10 received $250K.
Organizations only. It also paid 13 individual scholarships ($66,550), which are not listed by name.
Grant Size Distribution
2,286 grants across all recorded years
The most common grant size was under $50K: 2,274 grants of 2,286 (99%).
Geographic Focus
Where this funder awards grants
The Foundation says it funds organizations serving communities where Puget Sound Energy has a service or generation presence. In 2024, 99% of grant dollars went to Washington recipients. A listed disaster-relief grant identifies Whatcom, Island, Skagit, Snohomish, King, Kittitas, Kitsap, Pierce, Thurston, Lewis, Garfield, Klickitat, Columbia, and Cowlitz counties as PSE service or generation counties.
Grant Distribution by State
Share of 2024 grant dollars across all 451 itemized grants.
States
Cities
Is Puget Sound Energy Foundation open to new grantees?
33%
first-time grantees, 2024
In 2024, 106 of 321 grantees (33%) were first-time recipients. First grants averaged $4K; repeat grants $4K. How we count
Medians: $4K first-time, $1K repeat.
- 49% of 2024 grantees were also funded in 2023. Method
- Giving fell 43% from 2021 to 2024. Method
- In 2024 it paid out 111% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.1M (2023) to $2.1M (2021). In 2024 it made 451 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American National Red Cross Bellingham, WA | To provide local support through the disaster cycle services program which will benefit puget sound energy's ten service areas and four Generation counties: whatcom, island, skagit, snohomish, king, kittitas, kitsap, pierce, thurston, lewis, garfield, klickitat, columbia and cowlitz. Other | $100,000 |
| United Way of King County Seattle, WA | General & Unrestricted | $22,000 |
| Seattle Colleges Foundation Seattle, WA | Puget sound energy foundation 'powerful scholars' scholarship program other | $15,750 |
| Hopelink Redmond, WA | General & Unrestricted | $15,000 |
| Issaquah Food & Clothing Bank Issaquah, WA | General & Unrestricted | $15,000 |
| Living Well Kent Collaborative Kent, WA | General & Unrestricted | $15,000 |
| United Way of Pierce County Tacoma, WA | General & Unrestricted | $12,500 |
| Pierce College Foundation Puyallup, WA | Puget sound energy foundation 'powerful scholars' scholarship program other | $10,200 |
| Auburn Food Bank Auburn, WA | General & Unrestricted | $10,000 |
| Black Diamond Community Center Association Black Diamond, WA | General & Unrestricted | $10,000 |
Ready to take the next step with Puget Sound Energy Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $19,588,956 | $1,893,993 | $1,379,826 | $1,211,520 | 451 | $1,302,826 | $1,842,493 | $1,170,517 |
| 2023 | $19,074,789 | $1,116,398 | $1,263,443 | $1,110,893 | 451 | $1,199,977 | $1,057,535 | $1,091,514 |
| 2022 | $19,221,834 | $665,302 | $1,297,666 | $1,138,159 | 391 | $1,226,829 | $581,677 | $1,158,657 |
| 2021 | $19,854,198 | $4,075,810 | $2,331,488 | $2,137,951 | 421 | $2,228,132 | $4,024,280 | $1,311,630 |
| 2020 | $18,109,876 | $1,418,795 | $2,045,167 | $1,893,363 | 572 | — | $1,368,755 | $1,175,816 |
Under IRS private-foundation payout rules, Puget Sound Energy Foundation reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation identifies three impact pillars: Reducing Household Burdens; Education & Workforce Pathways; and Climate Resiliency & Community Safety. Its work includes support for food security and housing stability, senior and veteran wellbeing, Tribal communities, STEM education and youth development, career pathways, disaster preparedness and response, wildfire mitigation, environmental protection, and community safety.
Grantees’ own descriptions illustrate the range of organizations supported. United Way of King County describes its mission as working with communities to build an equitable future. Seattle Colleges Foundation says it advances Seattle Colleges’ mission and works to promote equity and access to affordable education. Hopelink says it helps people exit poverty through comprehensive services, partnerships, and advocacy. Pierce College Foundation says it supports educational access and success at Pierce College.
Grantmaking
In 2024, the Foundation reported 451 grants totaling $1,211,520. Grant amounts ranged from $13 to $100,000, with a median of $500. The largest listed grant was $100,000 to the American National Red Cross for local disaster-cycle services benefiting the Foundation’s service and generation counties. Other notable grants included $22,000 to United Way of King County, $15,750 to Seattle Colleges Foundation for the Powerful Scholars scholarship program, and $15,000 each to Hopelink, Issaquah Food & Clothing Bank, and Living Well Kent Collaborative.
The Foundation’s 2026 Competitive Grant Program invites local nonprofits serving its service or generation communities to request up to $15,000 for emergency and disaster preparedness or response projects. The program states that $300,000 total will be funded, with awards potentially full or partial. Eligible activities described include preparedness training, disaster planning, safety supplies and equipment, emergency-response training, and support for emergency operations or first responders.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Kim Collier as president, chair, and director; Tom Hunt as secretary and director; Cara Peterman as treasurer and director; Kendall Cammermeyer as vice president and director; and Christina Donegan, Ron Roberts, and Matt Steuerwalt as directors.
Puget Sound Energy Foundation is led by Kim Collier, President, Chairman & Director since 2024 (on filings since 2020); none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kim Collier
President, Chairman & Director
Vice President & Director → President, Chairman, Director & Vice President, 2023
President, Chairman, Director & Vice President → President, Chairman & Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Cara Peterman
Treasurer & Director
On filings since 2020
1 hr/week
No compensation reported
Kendall Cammermeyer
Vice President & Director
Director → Vice President & Director, 2023
On filings since 2020
1 hr/week
No compensation reported
Tom Hunt
Secretary & Director
Director → Secretary & Director, 2023
On filings since 2021
1 hr/week
No compensation reported
Christina Donegan
Director
New on the 2024 filing
1 hr/week
No compensation reported
Matt Steuerwalt
Director
New on the 2024 filing
1 hr/week
No compensation reported
Ron Roberts
Director
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (5)
- Former: Andy W. Wappler (2020–2023) — President, Chairman & Director
- Former: Margaret Hopkins (2020–2023) — Secretary & Director
- Former: Marla D. Mellies (2020) — Vice President & Director
- Former: Matthew McArthur (2020) — Treasurer & Director
- Former: Robert Stolarski (2020) — Vice President & Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Puget Sound Energy Foundation
How much does Puget Sound Energy Foundation give each year?
Puget Sound Energy Foundation gave $1.2M across 451 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.1M across 451 grants.
What is Puget Sound Energy Foundation's typical grant size?
Puget Sound Energy Foundation's median grant in 2024 was $500, and its average grant was $2,686, across 451 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Puget Sound Energy Foundation that year got $4K on average.
Where does Puget Sound Energy Foundation give grants?
Puget Sound Energy Foundation gives mostly in Washington: 99% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Seattle, WA (120 grants), Bellingham, WA (23 grants), Tacoma, WA (20 grants) and Bellevue, WA (19 grants).
Does Puget Sound Energy Foundation give general operating support?
Yes: 71% of Puget Sound Energy Foundation's 2024 grants with a stated purpose (319 of 451) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Unknown Project Other" (3 grants).
Who are Puget Sound Energy Foundation's largest grantees?
Puget Sound Energy Foundation's largest 2024 grantees include American National Red Cross ($100,975 across 6 grants), United Way of King County ($22,165 across 2 grants) and Hopelink ($20,750 across 4 grants), according to its 2024 IRS Form 990-PF. It also paid 13 individual scholarships ($66,550), which are not listed by name. Together they received 12% of its itemized 2024 grant dollars.
How large is Puget Sound Energy Foundation?
Puget Sound Energy Foundation reported $19.6M in total assets on its 2024 IRS Form 990-PF. It paid out $1.3M in qualifying distributions that year, against a required minimum of $1.2M (roughly 5% of its investment assets).
What does Puget Sound Energy Foundation fund?
The Foundation identifies three impact pillars: Reducing Household Burdens; Education & Workforce Pathways; and Climate Resiliency & Community Safety. See mission & focus areas ↑
How do I apply for a grant from Puget Sound Energy Foundation?
The Foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Puget Sound Energy Foundation's EIN?
Puget Sound Energy Foundation's EIN (Employer Identification Number) is 20-4863534. IRS Form 990 filing data is available on this page for 2020–2024.
Does Puget Sound Energy Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Puget Sound Energy Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Delaware
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
American Electric Power Foundation
Wilmington, DE
The American Electric Power Foundation funds education, especially STEM, basic human services, social justice, and environmental protection, primarily for organizations in AEP’s service territory or with broader beneficial impact. Its 2025 grants ranged from $500 to $1,428,570, with a median of $10,000. It does not accept unsolicited requests; eligible organizations need an invitation from their local AEP Operating Company.
Assets
$43.6M
Grants
753
Total Given
$23.0M
First Eagle Investments Foundation
Wilmington, DE
Assets
$747K
Grants
389
Total Given
$1.2M
Hagerty Drivers Foundation
Wilmington, DE
Assets
$193K
Grants
330
Total Given
$192K
McNabb Foundation
Wilmington, DE
The McNabb Foundation’s website describes support for behavioral health and social services in East Tennessee, while its 2024 grants went to organizations with varied missions, mostly in California. Grants ranged from $500 to $5,000, with a median of $1,000. It does not accept unsolicited requests and gives only to preselected charitable organizations.
Assets
$4.8M
Grants
328
Total Given
$358K
Raskob Foundation for Catholic
Wilmington, DE
The Raskob Foundation for Catholic Activities funds Catholic entities across a wide range of projects, including education, hunger relief, emergency aid, and social services, in the United States and internationally. Its 2024 grants ranged from $250 to $100,000, with a median of $18,000. The profile does not state whether it accepts unsolicited requests.
Assets
$208.0M
Grants
325
Total Given
$6.2M
More similar funders
More Funders in Delaware
Cite this profile
Grantable. (2026). Puget Sound Energy Foundation funder profile. GrantGraph. Retrieved October 7, 2026, from https://grantable.co/funders/puget-sound-energy-foundation-morg_733986c11e034ec0b2b230b380772cf9
BibTeX
@misc{grantable_204863534_2026,
author = {{Grantable}},
title = {{Puget Sound Energy Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/puget-sound-energy-foundation-morg_733986c11e034ec0b2b230b380772cf9},
note = {Accessed 2026-10-07. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Puget Sound Energy Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Puget Sound Energy Foundation down — hundreds of funders to go?