The Fortive Foundation is a private grantmaking foundation based in Everett, Washington, established in 2020. As a 501(c)(3) organization, it operates as a private foundation dedicated to philanthropic giving across multiple focus areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.6M
+62543.9% YoY
Annual Giving
$1.5M
+18.3% YoY
Grant Count
13
-38.1% YoY
Avg Grant Size
$114K
+91.1% YoY
Mission & Focus Areas
The foundation's primary funding priorities include:
- General support for nonprofit organizations
- Western wildfire initiatives and disaster relief
- Education
- Human services
- Philanthropy and voluntarism
Grantmaking
The foundation made additional grants beyond those listed, with at least four more grants documented in their 2024 tax filings.
Average Grant
amount: Approximately $184,531
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends to organizations in:
- Washington
- District of Columbia
- New York
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
- Total assets: $18,649,725
- Total revenues: $20,100,000
- Total expenses: $1,480,046
- Total liabilities: $0
- Number of employees: 0
Financial Trend: The foundation maintains substantial assets relative to annual giving, with revenues significantly exceeding expenses in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,649,725 | $29,771 | $1,312,771 |
| Revenue | $20,100,000 | — | — |
| Expenses | $1,480,046 | $1,283,000 | $1,280,872 |
| Qualifying Distributions | $1,480,046 | $1,283,000 | $1,280,872 |
| Net Investment Income | — | — | — |
| Distributable Amount | $147,952 | $51,382 | $114,681 |
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 2024
Grant Size Distribution
70 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 |
|---|---|---|---|
| PETER C UNDERWOOD | DIRECTOR | 1.5 | — |
| STACEY A WALKER | DIRECTOR | 1.5 | — |
| CHARLES A MCLAUGHLIN | DIRECTOR | 1.5 | — |
Recent News & Activity
Recent developments and announcements
The foundation's 2024 grantmaking demonstrates an active commitment to disaster relief and community support, with notable contributions to wildfire relief efforts through the American National Red Cross and support for housing initiatives in the Pacific Northwest region.
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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