The Forest C & Ruth V Kelsey Foundation
The Forest C & Ruth V Kelsey Foundation is a private foundation, based in Montesano, WA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $12.6M in total assets. In 2025, it awarded 2 grants totaling $811K. Net investment income was $513K.
The Forest C & Ruth V Kelsey Foundation at a glance
In short: The Forest C & Ruth V Kelsey Foundation gave $811K across 2 grants in 2025 (avg $405K), mostly in Washington. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $810,800
- -14.1% vs 2024
- Grants made (2025)
- 2
- +0.0% vs 2024
- Average grant
- $405,400
- -14.1% vs 2024
- Median grant
- $405,400
- Total assets
- $12,647,768
- -2.7% vs 2024
- Primary geography
- Washington (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Forest C & Ruth V Kelsey Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Scholarships ($544K). Together the top 2 received $811K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $250–500K range: 4 grants of 10 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How The Forest C & Ruth V Kelsey Foundation gives
- Giving held roughly steady from 2022 to 2025 (−6%). Method
- In 2025 it paid out 117% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $574K (2019) to $944K (2024). In 2025 it made 2 grants totaling $811K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Scholarships Montesano, WA | Scholarships to qualified students. | $544,300 |
| Community Grants Donations Montesano, WA | To promote education and other programs for the youth in Grays Harbor. | $266,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $12,647,768 | $620,225 | $918,164 | $810,800 | 2 | $810,800 | $512,861 | $693,170 |
| 2024 | $13,000,864 | $4,518,359 | $1,062,697 | $943,902 | 2 | $943,902 | $4,399,564 | $610,182 |
| 2023 | $9,530,091 | $483,585 | $852,889 | $719,000 | 2 | $719,000 | $349,696 | $624,329 |
| 2022 | $9,891,146 | $327,629 | $1,007,662 | $864,375 | 2 | $864,375 | $184,342 | $649,312 |
| 2021 | $10,589,197 | $1,560,514 | $778,910 | $622,350 | 2 | $622,350 | $1,403,954 | $730,588 |
| 2020 | $9,804,736 | $745,473 | $846,369 | $698,105 | 2 | — | $596,859 | $631,120 |
| 2019 | $9,902,535 | $441,865 | $719,742 | $573,912 | 2 | — | $296,035 | $624,676 |
Under IRS private-foundation payout rules, The Forest C & Ruth V Kelsey Foundation reported a distributable amount of $693K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Forest C & Ruth V Kelsey Foundation is led by Julie Randich, President since 2020 (on filings since 2019); all 7 officers listed in 2025 are compensated.
Officers on the 2025 filing
Julie Randich
President
Trustee → President, 2020
On filings since 2019
2 hrs/week
$1K (2019) → $1K (2025)
Mike Hliboki
Trustee
On filings since 2019
2 hrs/week
$800 (2019) → $1K (2025)
Steve Caldwell
Trustee
On filings since 2019
2 hrs/week
$1K (2019) → $800 (2025)
Teresa Frafjord
Trustee
On filings since 2019
2 hrs/week
$1K (2019) → $1K (2025)
Doug Lewis
Trustee
On filings since 2020
2 hrs/week
$2K (2020) → $1K (2025)
Kimberley Lillegard
Secretary & Treasurer
Treasurer → Secretary & Treasurer, 2020
On filings since 2019
5 hrs/week
$1K (2019) → $1K (2025)
Loni Crass
Vice President
Trustee → Vice President, 2020
On filings since 2019
2 hrs/week
$1K (2019) → $1K (2025)
Former officers (2)
- Former: Charles Caldwell (2019) — President
- Former: Larry James Hliboki (2019) — Vice President
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $1K, to Doug Lewis (Trustee). 7 officers or directors reported compensation on that filing.
Frequently asked questions about The Forest C & Ruth V Kelsey Foundation
How much does The Forest C & Ruth V Kelsey Foundation give each year?
The Forest C & Ruth V Kelsey Foundation gave $811K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $944K across 2 grants.
How large is The Forest C & Ruth V Kelsey Foundation?
The Forest C & Ruth V Kelsey Foundation reported $12.6M in total assets on its 2025 IRS Form 990-PF. It paid out $811K in qualifying distributions that year, against a required minimum of $693K (roughly 5% of its investment assets).
Where does The Forest C & Ruth V Kelsey Foundation operate?
The Forest C & Ruth V Kelsey Foundation has awarded grants in Washington.
What is The Forest C & Ruth V Kelsey Foundation's EIN?
The Forest C & Ruth V Kelsey Foundation's EIN (Employer Identification Number) is 91-2013369. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 30, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
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