The Honzel Family Foundation is a private independent foundation based in Tacoma, Washington, established in 1996. As a 501(c)(3) organization, it operates as a grantmaking foundation with tax-exempt status since August 1997.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$31.9M
+8.7% YoY
Annual Giving
$1.9M
+3.0% YoY
Grant Count
26
-7.1% YoY
Avg Grant Size
$73K
+10.9% YoY
Mission & Focus Areas
The foundation provides giving primarily for:
- Education
- Human services
- Health
- Roman Catholic agencies and churches
- Philanthropy and voluntarism
Grantmaking
The foundation made 34 grants in the most recent reporting year. Typical grant awards range from $5,000 to $175,000.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on Oregon, Washington, and California.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $31,916,502
- Total revenues: $4,796,433
- Total expenses: $2,152,849
- Total liabilities: $0
As of December 2023:
- Total assets: $29.4 million
- Total revenues: $631,000
- Total expenses: $2.18 million
The foundation's revenue includes investment income and dividends ($829,943 in 2024) and grants and contributions ($3,345,201 in 2024).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $31,916,502 | $29,356,897 | $30,904,632 |
| Revenue | $4,796,433 | $630,658 | $3,569,445 |
| Expenses | $2,152,849 | $2,178,393 | $2,090,320 |
| Qualifying Distributions | $1,905,000 | $1,850,000 | $1,875,000 |
| Net Investment Income | $1,172,288 | $450,511 | $3,354,125 |
| Distributable Amount | $1,929,267 | $1,911,498 | $1,850,579 |
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
138 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key trustees include:
- Drew Honzel
- Karen Musica
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DREW HONZEL | CO-TRUSTEE | 1 | — |
| KAREN MUSICA | CO-TRUSTEE | 1 | — |
Contact Information
Address: 6716 Eastside Drive NE, Suite 1, Tacoma, WA 98422
Phone: 253-952-9163
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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