The Forest C & Ruth V Kelsey Foundation
The Forest C & Ruth V Kelsey Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTESANO, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.0M in total assets. In 2024, it awarded 2 grants totaling $944K. Net investment income was $4.4M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.0M
+36.4% YoY
Annual Giving
$944K
+31.3% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$472K
+31.3% YoY
About The Forest C & Ruth V Kelsey Foundation
Based on IRS filings
The Forest C & Ruth V Kelsey Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTESANO, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.0M in total assets. In 2024, it awarded 2 grants totaling $944K. Net investment income was $4.4M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,000,864 | $9,530,091 | $9,891,146 |
| Revenue | $4,518,359 | $483,585 | $327,629 |
| Expenses | $1,062,697 | $852,889 | $1,007,662 |
| Qualifying Distributions | $943,902 | $719,000 | $864,375 |
| Net Investment Income | $4,399,564 | $349,696 | $184,342 |
| Distributable Amount | $610,182 | $624,329 | $649,312 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DOUG LEWIS | Trustee | 2 | $1,200 |
| LONI CRASS | Vice President | 2 | $1,200 |
| TERESA FRAFJORD | Trustee | 2 | $1,200 |
| STEVE CALDWELL | Trustee | 2 | $800 |
| MIKE HLIBOKI | Trustee | 2 | $1,200 |
| JULIE RANDICH | President | 2 | $1,200 |
| KIMBERLEY LILLEGARD | Secy/Treasurer | 5 | $1,200 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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