The Costco Foundation is a private, company-sponsored operating foundation established in 1997 and headquartered in Issaquah, Washington. The foundation provides direct financial assistance to employees of Costco Wholesale Corporation and its subsidiaries during times of emergency and financial hardship.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2K
+0.0% YoY
Annual Giving
$287K
+13.7% YoY
Grant Count
94
+16.0% YoY
Avg Grant Size
$3K
-2.0% YoY
Mission & Focus Areas
The foundation's primary purpose is to award grants for emergency assistance to employees of Costco Wholesale and its subsidiaries. Specific focus areas include:
- Funeral assistance
- Financial hardship relief
- House fire assistance and disaster relief
- Direct financial assistance to Costco employees and their families
Grantmaking
The foundation appears to be possibly open to applications, with no indication of a "preselected only" policy in recent filings.
Grant Range
$3,000
Average Grant
approximately $2,400
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking has been documented in California, New Jersey, and Virginia, though the primary focus is on supporting Costco employees regardless of geographic location.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (FYE August 2023):
- Total assets: $1,873
- Total revenues: $173,310
- Total expenses: $173,310
- Total giving: $287,380 (across multiple years of activity)
Financial Trend: Revenues increased 12.5% from fiscal year 2022 ($154,064) to fiscal year 2023 ($173,310).
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,873 | $1,873 | $1,873 |
| Revenue | $287,380 | $252,890 | $173,310 |
| Expenses | $287,380 | $252,890 | $173,310 |
| Qualifying Distributions | $287,380 | $252,790 | $172,910 |
| Net Investment Income | — | — | — |
| 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 10 recipients in 2025
Grant Size Distribution
248 grants across all recorded years
Open Grants
1 open opportunity from The Costco Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation's board includes:
- Patrick Callans – Director, President
- Brenda Weber – Director, Vice President
- Richard Galanti – Director, Treasurer
The foundation operates with limited staffing, relying on volunteer board members with no reported paid compensation.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATRICK CALLANS | DIRECTOR PRESIDENT | — | — |
| BRENDA WEBER | DIRECTOR VP | — | — |
| GARY MILLERCHIP | SECRETARY TREASURER | — | — |
Contact Information
- Address: 730 Lake Dr, Issaquah, WA 98027-5504
- Phone: 425-313-8577
- EIN: 91-1799391
- Tax-Exempt Status: April 1998
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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