Puget Sound Energy Foundation

WILMINGTON, DE EIN: 20-4863534

The Puget Sound Energy Foundation is an independent, nonprofit 501(c)(3) organization based in Wilmington, Delaware. Established in 2006, the Foundation is a private grantmaking foundation that operates independently from Puget Sound Energy, supported by its own endowment rather than utility customer or ratepayer dollars. The Foundation strengthens local communities by reducing household burdens, expanding opportunity, and building resilience through flexible, community-centered funding that fills critical gaps.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.6M

+2.7% YoY

Annual Giving

$1.2M

+9.1% YoY

Grant Count

451

+0.0% YoY

Avg Grant Size

$3K

+9.1% YoY

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 April 2026.

Mission & Focus Areas

The Foundation's mission is to energize communities in Washington served by Puget Sound Energy and to make the region a better place to live, work, and raise families. The Foundation partners with trusted nonprofit organizations to support urgent needs today while building long-term stability for tomorrow.

Primary funding focus areas include:

  • Emergency and Disaster Relief (preparedness and response for communities and responders)
  • Human Services and Poverty Alleviation
  • Education
  • Philanthropy and Voluntarism

Grantmaking

The Foundation does not accept unsolicited applications. Grants are offered through:

Grant Range

$4,000

Review Cycle

April 20

How to Apply

**

Ready to take the next step with Puget Sound Energy Foundation?

Geographic Focus

Where this funder awards grants

The Foundation serves communities in Washington counties where Puget Sound Energy operates, including: Columbia, Cowlitz, Garfield, Island, King, Kitsap, Kittitas, Klickitat, Lewis, Pierce, Skagit, Snohomish, Thurston, and Whatcom counties.

Grant Distribution by State

22states
+14 more states

Cities

AberdeenAmericusAnacortesArlingtonAuburnBainbridge IsBainbridge IslandBaltimoreBellevueBellinghamBingenBlack DiamondBlaineBonney LakeBothellBremertonBuckleyBurienBurlingtonBurton

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $19,588,956
  • Total Revenue: $1,893,993
  • Total Expenses: $1,379,826
  • Giving Rate: 5.6% of assets

As of 2023:

  • Total Assets: $19,074,789
  • Total Revenue: $1,120,000
  • Total Expenses: $1,260,000

Liabilities: $0 (2023)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$19,588,956$19,074,789$19,221,834
Revenue$1,893,993$1,116,398$665,302
Expenses$1,379,826$1,263,443$1,297,666
Qualifying Distributions$1,302,826$1,199,977$1,226,829
Net Investment Income$1,842,493$1,057,535$581,677
Distributable Amount$1,170,517$1,091,514$1,158,657

Giving Over Time

Total grant dollars and number of grants per year

$0$534K$1M$2M$2M572 grants2020421 grants2021391 grants2022451 grants2023451 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN NATIONAL RED CR…$100KAUBURN FOOD BANK$10KBLACK DIAMOND COMMUNITY …$10KBOYS & GIRLS CLUBS OF TH…$10KACRES OF DIAMONDS$8KBONNEY LAKE FOOD BANK$8KBELLEVUE BOYS & GIRLS CLUB$7KBATES TECHNICAL COLLEGE …$5KBELLEVUE COLLEGE FOUNDAT…$5KBELLINGHAM TECHNICAL COL…$5K

Grant Size Distribution

250 grants across all recorded years

245<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include American National Red Cross ($100,000), Auburn Food Bank ($10,000), Black Diamond Community Center Association ($10,000).

RecipientPurposeAmount
4 THE LOVE FOUNDATION EAST OLYMPIA, WAGENERAL & UNRESTRICTED$4,000
A 4 APPLE LEARN CENTER SEATTLE, WATRAUMA INFORMED TRAINING FOR A 4 APPLE'S TEAM OTHER$5,000
ACRES OF DIAMONDS DUVALL, WAPROVIDING TRANSITIONAL HOUSING TO HOMELESS WOMEN & CHILDREN OTHER$8,000
AGAPE FOOD PANTRY INC WYTHEVILLE, VAGENERAL & UNRESTRICTED$2,000
ALTERNATIVES TO HUNGER BELLINGHAM, WAGENERAL & UNRESTRICTED$25
ALZHEIMERS DISEASE AND RELATED DISORDERS ASSOCIATION INC LYNNWOOD, WAGENERAL & UNRESTRICTED$50
AMERICAN CANCER SOCIETY INC EVERETT, WAGENERAL & UNRESTRICTED$50
AMERICAN CANCER SOCIETY INC SEATTLE, WAGENERAL & UNRESTRICTED$50
AMERICAN CANCER SOCIETY INC SEATTLE, WAGENERAL & UNRESTRICTED$100
AMERICAN HEART ASSOCIATION INC DALLAS, TXADDRESSING FOOD SOVEREIGNTY IN WASHINGTON STATE OTHER$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KIM COLLIERPRES. & CHMN. & DIR.1
TOM HUNTSECRETARY / DIRECTOR1
CARA PETERMANTREASURER / DIRECTOR1
KENDALL CAMMERMEYERVICE PRESIDENT / DIRECTOR1
CHRISTINA DONEGANDIRECTOR (FROM 3/24)1
RON ROBERTSDIRECTOR (FROM 3/24)1
MATT STEUERWALTDIRECTOR (FROM 2/24)1

Recent News & Activity

Recent developments and announcements

The Foundation has launched several competitive grant initiatives:

PSE Foundation launches $600000 competitive grant program

A $600,000 competitive grant program to build capacity for nonprofits and empower community resiliency

PSE Foundation launches $600000 competitive grant program

A $1.15 million grant initiative to organizations to empower community resiliency

2026

Nearly $1 million in new solar grants announced for 2026

Puget Sound Energy Gives Nearly $1M in New Solar Grants | News | 425business.com

Nonprofits in Whatcom and Skagit Counties received over $70,000 in funding

Nonprofits in Whatcom and Skagit Counties receive over $70k in ...

The Foundation maintains an active newsroom documenting grant awards and community initiatives.

PSE Foundation launches $600000 competitive grant program

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Puget Sound Energy Foundation fund?

The Foundation's mission is to energize communities in Washington served by Puget Sound Energy and to make the region a better place to live, work, and raise families. The Foundation partners with trusted nonprofit organizations to support urgent needs today while building long-term stability for tomorrow. Primary funding focus areas include: • Emergency and Disaster Relief (preparedness and response for communities and responders) • Human Services and Poverty Alleviation • Education • Philanth…

How do I apply for a grant from Puget Sound Energy Foundation?

**Grant Activity:** • Made 572 grants in 2024 • Made 185 grants in 2023 • Total giving in 2023: $1,110,893 • Total giving in 2024: $1,022,514 (from competitive grants tracked) • Median grant size: $4,000 • Grant range: $1,000–$200,000 **Recent Grant Examples (2024):** • United Way of King County: $22,000 • Seattle Colleges Foundation (Powerful Scholars Scholarship Program): $15,750 • Issaquah Food and Clothing Bank: $15,000 **Application Process:** The Foundation does not accept unsolicited app…

Where does Puget Sound Energy Foundation make grants?

The Foundation serves communities in Washington counties where Puget Sound Energy operates, including: Columbia, Cowlitz, Garfield, Island, King, Kitsap, Kittitas, Klickitat, Lewis, Pierce, Skagit, Snohomish, Thurston, and Whatcom counties.

What size grants does Puget Sound Energy Foundation award?

In 2024, Puget Sound Energy Foundation awarded 451 grants totaling $1.2M — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Puget Sound Energy Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Puget Sound Energy Foundation reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

Explore Open Grants

Browse active grant opportunities in Puget Sound Energy Foundation's focus areas in our free grants database

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

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