The Satterberg Foundation Inc logo

The Satterberg Foundation Inc

Foundation · Grantmaker Seattle, WA EIN: 91-1501066 Website

The Satterberg Foundation is a private family foundation based in Seattle, Washington, established in 1990 and tax-exempt since February 1991. Named to honor Elmer and Ruth Satterberg, the foundation strengthens communities by promoting a just society and a sustainable environment. The foundation was imagined by Virginia (Ginny) Satterberg Pigott Helsell and Bill Helsell, who brought together the children of their blended family and committed to ensuring their connection far into the future. The foundation is governed by the Founding Board, composed of their children.

Key facts about The Satterberg Foundation Inc

EIN
91-1501066
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$42,623,686
Grants made (2024)
286
Average grant
$149,034
Median grant
$125,000
New grantees (estimate)
11% first-time grantees (27 of 254, 2024)
Total assets
$425,573,369
Primary geography
Washington (45% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who The Satterberg Foundation Inc funds

By grant dollars, the top recipient states for The Satterberg Foundation Inc's 286 itemized 2024 grants were Washington (45%), California (37%) and District of Columbia (6%). The most frequent recipient cities were Seattle, WA (105 grants), Los Angeles, CA (22 grants), San Diego, CA (18 grants) and Oakland, CA (14 grants). 88% of grants with a stated purpose were for general or operating support. Recurring purposes include "Honorarium" (6 grants).

Is The Satterberg Foundation Inc open to new grantees?

11%

first-time grantees, 2024

In 2024, 27 of 254 grantees (11%) were first-time recipients. First grants averaged $157K; repeat grants $169K. How we count

Medians: $101K first-time, $125K repeat.

  • 78% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−9%). Method
  • In 2024 it paid out 203% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$425.6M

-4.0% YoY

Annual Giving

$42.6M

-6.3% YoY

Grant Count

286

-29.7% YoY

Avg Grant Size

$149K

+33.3% YoY

Under IRS private-foundation payout rules, The Satterberg Foundation Inc reported a distributable amount of $22.6M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to maintain and enjoy the interconnection of its family while providing funds to non-profit organizations that enrich and support its communities. The foundation's initial mission, established in 1990, was "to improve the quality of life in the Pacific Northwest community through focused, considered grantmaking." This mission has evolved to reflect what matters most to the foundation in the 21st century.

Primary funding focus areas include:

  • Education
  • Human Services and Nonprofit Human Services
  • Poverty Alleviation
  • Reproductive Health
  • Social Justice and Racial Equity
  • Environmental Sustainability

Grantmaking

Since its founding in 1991, the Satterberg Foundation has provided over $300 million in grants to non-profit organizations. The foundation's grantmaking has grown significantly over time: in 1991, the foundation authorized $13,916 in grants; by 2011, this had grown to $388,000; and by 2015, annual grantmaking exceeded $22 million.

Average Grant

amount: $110,000

Grant Types

**
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Geographic Focus

Where this funder awards grants

The foundation primarily supports organizations in Washington, California, and Arizona, which account for approximately 90% of all grants. Grantmaking reaches organizations across 29 states, with a particular emphasis on the Pacific Northwest region.

Grant Distribution by State

29states

Share of all 286 itemized 2024 grant dollars.

Cities

SeattleLos AngelesSan DiegoOaklandPhoenixSan FranciscoBellinghamWashingtonBurienEastsoundTacomaSan JoseSpokaneAtlantaNew YorkKentOlympiaCalabasasBerkeleyNew Orleans

Financial History

Multi-year comparison from IRS filings

Assets and Revenue (2024):

  • Total Assets: $425.6 million
  • Annual Revenue: $21.7 million
  • Total Giving: $42.6 million
  • Total Liabilities: $591,000

Historical Growth: Total assets have grown from $2.1 million in 2011 to $425.6 million in 2024.

2023 Financial Data:

  • Total Revenues: $80.3 million
  • Total Expenses: $50.1 million
  • Total Assets: $443.3 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22M$44M$66M$88M20202021202220232024
Metric202420232022
Total Assets$425,573,369$443,335,399$392,319,939
Revenue$21,660,433$80,338,467$50,066,288
Expenses$47,375,928$50,117,843$48,565,294
Qualifying Distributions$45,865,956$48,292,017$47,351,600
Net Investment Income$20,664,778$78,290,058$49,169,971
Distributable Amount$22,647,231$20,186,629$18,889,282

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$12M$24M$35M$47M394 grants2020450 grants2021402 grants2022407 grants2023286 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Liberty Hill Foundation: $1.7M across 2 grantsLiberty Hill Foundation$1.7M · 2 grantsRainier Valley Corps: $1.6M across 6 grantsRainier Valley Corps$1.6M · 6 grantsSee Inc: $1.5M across 4 grantsSee Inc$1.5M · 4 grantsSocial Justice Fund NW: $1.3M across 3 grantsSocial Justice Fund NW$1.3M · 3 grantsByrd Barr Place: $1.3M across 3 grantsByrd Barr Place$1.3M · 3 grantsAmalgamated Charitable Fdn: $1.0MAmalgamated Charitable Fdn$1.0MNCFP: $849KNCFP$849KCompasspoint Nonprofit Service: $775KCompasspoint Nonprofit Service$775KCatalyst: $514K across 2 grantsCatalyst$514K · 2 grantsPhilanthropy NW: $514K across 2 grantsPhilanthropy NW$514K · 2 grants

Grant Size Distribution

1,939 grants across all recorded years

589<$50K233$50–100K1001$100–250K48$250–500K53$500K–1M15$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Liberty Hill Foundation ($1,660,496 across 2 grants), Rainier Valley Corps ($1,589,902 across 6 grants), See Inc ($1,468,879 across 4 grants).

RecipientPurposeAmount
AMALGAMATED CHARITABLE FDN Washington, DCDECOLONIZING WEALTH PROJECT NON CASH GRANT DATE: 08/31/2024 COST BASIS: 324,763 FMV: 1,033,234$1,033,231
SEE INC Calabasas, CATRUST BASED PHILANTHROPY PROJECT NON CASH GRANT DATE: 08/31/2024 COST BASIS: 324,763 FMV: 1,018,879$1,018,879
BYRD BARR PLACE Seattle, WABIPOC ED COALITION NON CASH GRANT DATE: 04/30/2024 COST BASIS: 253,032 FMV: 995,916$995,916
LIBERTY HILL FOUNDATION Los Angeles, CATO SUPPORT THE LOS ANGELES NONPROFIT COMMUNITY NON CASH GRANT DATE: 04/30/2024 COST BASIS: 227,738 FMV: 896,360$896,360
NCFP Washington, DCGENERAL OPERATING SUPPORT NON CASH GRANT DATE: 08/31/2024 COST BASIS: 270,621 FMV: 849,019$849,019
COMPASSPOINT NONPROFIT SERVICE Oakland, CAGENERAL OPERATING SUPPORT NON CASH GRANT DATE: 08/31/2024 COST BASIS: 243,565 FMV: 774,902$774,902
RAINIER VALLEY CORPS Seattle, WAGENERAL OPERATING SUPPORT NON CASH GRANT DATE: 08/31/2024 COST BASIS: 243,565 FMV: 774,902$774,902
LIBERTY HILL FOUNDATION Los Angeles, CAGENERAL OPERATING SUPPORT NON CASH GRANT DATE: 08/31/2024 COST BASIS: 243,565 FMV: 764,136$764,136
SOCIAL JUSTICE FUND NW Seattle, WAGENERAL OPERATING SUPPORT NON CASH GRANT DATE: 08/31/2024 COST BASIS: 243,565 FMV: 764,136$764,136
SOUTHERN CA GRANTMAKERS Los Angeles, CAGENERAL OPERATING SUPPORT NON CASH GRANT DATE: 08/31/2024 COST BASIS: 162,397 FMV: 509,486$509,486

Leadership & Key People

Leadership team and compensation from IRS filings

Sarah Walczyk is listed as the principal officer and executive director of the foundation.

The foundation is governed by 10 officers and trustees, representing the children of the blended family that established the foundation.

Compensation Overview

From 2024 IRS filing

Sarah Walczyk — Executive Director: $443KSarah WalczykExecutive Director$443K

From 2024 IRS filing

NameTitleHoursCompensation
Sarah WalczykExecutive Director40$443,000
Tyler PigottDirector2—
Pete HelsellTreasurer5—
Judy PigottSecretary5—
Sean BoydDirector5—
Mary PigottPresident5—
Frank HelsellDirector2—
Ben LazarusDirector2—
Meagan GableDirector2—
CB ShamahDirector2—

Recent News & Activity

Recent developments and announcements

The foundation has undergone a significant transition, with updates and frequently asked questions about this transition available on its website. The foundation has reaffirmed its commitment to racial justice funding, particularly supporting Black-led organizations, even as some funders have pulled back on such commitments.

Satterberg Foundation - Form 990PF - Nonprofit Explorer - ProPublica

The foundation has been recognized for its pioneering adoption of Trust-Based Philanthropy, an approach emphasizing integrity, community, joy, compassion, respect, and responsibility in its grantmaking relationships.

Recent grantees have included Liberty Hill Foundation, CompassPoint Nonprofit Services, and Byrd Barr Place, among hundreds of other organizations across its funding areas.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Satterberg Foundation Inc fund?

The foundation's mission is to maintain and enjoy the interconnection of its family while providing funds to non-profit organizations that enrich and support its communities. The foundation's initial mission, established in 1990, was "to improve the quality of life in the Pacific Northwest community through focused, considered grantmaking." This mission has evolved to reflect what matters most to the foundation in the 21st century. Primary funding focus areas include: • Education • Human Servic…

How do I apply for a grant from The Satterberg Foundation Inc?

Since its founding in 1991, the Satterberg Foundation has provided over $300 million in grants to non-profit organizations. The foundation's grantmaking has grown significantly over time: in 1991, the foundation authorized $13,916 in grants; by 2011, this had grown to $388,000; and by 2015, annual grantmaking exceeded $22 million. **Grant Characteristics:** • Typical grant awards range from $500 to $2,715,962 • Median grant amount: $100,000 • Average grant amount: $110,000 • The foundation has …

Where does The Satterberg Foundation Inc make grants?

The foundation primarily supports organizations in Washington, California, and Arizona, which account for approximately 90% of all grants. Grantmaking reaches organizations across 29 states, with a particular emphasis on the Pacific Northwest region.

What size grants does The Satterberg Foundation Inc award?

In 2024, The Satterberg Foundation Inc awarded 286 grants totaling $42.6M — an average of about $149K per grant, based on its IRS Form 990 filings.

How much is The Satterberg Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Satterberg Foundation Inc reported a distributable amount of $22.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Satterberg Foundation Inc's EIN?

The Satterberg Foundation Inc's EIN (Employer Identification Number) is 91-1501066. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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