Tom and Meg Names Family Fdn
The Tom and Meg Names Family Foundation is a private foundation based in Pennington, New Jersey, established in 2015. The foundation is a non-profit humanitarian organization dedicated to collaborative work with health, wellness, and athletic non-profits to support the youth of the Puget Sound region.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$28.6M
-10.5% YoY
Annual Giving
$6.8M
+42.1% YoY
Grant Count
22
+4.8% YoY
Avg Grant Size
$310K
+35.6% YoY
Under IRS private-foundation payout rules, Tom and Meg Names Family Fdn reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission centers on empowering lives through sports, health, and education. Specific focus areas include:
- Sports: Supporting programs that foster physical development, build character, and nurture fair play
- Health: Backing initiatives that provide access to good nutrition, physical fitness opportunities, and affordable healthcare
- Social Services: Supporting local and regional organizations focused on hospitals, cancer research, child development, and youth sports
Grantmaking
The foundation made 24 grants in its most recent fiscal year. Notable recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation funds projects across multiple U.S. states and cities, including:
- Washington: Tacoma, Puyallup, Gig Harbor, Issaquah, Seattle, Chelan, Fircrest
- Oregon: Portland, Corvallis
- California: Santa Barbara
- Colorado: Denver, Lakewood
- Arizona: Cave Creek
- Missouri: Kansas City
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (2024):
- Total Assets: $28,574,399
- Total Revenues: $3,348,486
- Total Expenses: $7,208,301
- Total Giving: $6,827,807
Prior Year (2023):
- Total Assets: $31,900,000
- Total Revenues: $3,600,000
- Total Expenses: $5,180,000
The foundation has zero employees and maintains investment income to fund future charitable grants.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $28,574,399 | $31,929,760 | $33,886,516 |
| Revenue | $3,348,486 | $3,604,534 | $974,003 |
| Expenses | $7,208,301 | $5,182,692 | $4,077,513 |
| Qualifying Distributions | $7,029,836 | $5,018,502 | $3,878,884 |
| Net Investment Income | $2,934,366 | $3,488,670 | $789,260 |
| Distributable Amount | $1,380,812 | $1,536,801 | $1,751,527 |
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
101 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Seven Acres Foundation ($2,800,000), University of Puget Sound ($1,428,571), Westmont College ($600,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NORTHWEST FURNITURE BANK TACOMA, WA | UNRESTRICTED GENERAL | $40,000 |
| GIRLS INC OF THE PACIFIC NW PORTLAND, OR | UNRESTRICTED GENERAL | $10,000 |
| BRAVE WARRIOR PROJECT WENATCHEE, WA | UNRESTRICTED GENERAL | $125,000 |
| PUSH FOR DREAMS TACOMA, WA | UNRESTRICTED GENERAL | $25,000 |
| SEVEN ACRES FOUNDATION CHELAN, WA | UNRESTRICTED GENERAL | $2,800,000 |
| MOMCO BY MOPS INTERNATIONAL DENVER, CO | UNRESTRICTED GENERAL | $100,000 |
| ONLY7SECONDS CHELAN, WA | UNRESTRICTED GENERAL | $50,000 |
| TACOMA ATHLETIC COMMISSION TACOMA, WA | SALUTE TO SPORTS | $25,000 |
| BOYS & GIRLS CLUBS OF SNOHOMISH COUNTY EVERETT, WA | UNRESTRICTED GENERAL | $50,000 |
| UNIVERSITY OF PUGET SOUND TACOMA, WA | UNRESTRICTED GENERAL | $1,428,571 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Erin Shagren: President (27 hours per week, $13,200 compensation)
- Monica L. Names-King: Secretary-Treasurer (20 hours per week, $13,200 compensation)
Erin Shagren serves on the boards of Mary Bridge Children's Foundation, University of Puget Sound (trustee), and the YMCA of Pierce and Kitsap Counties. She is also a trustee of Seven Acres Foundation and the Boys and Girls Club of South Puget Sound.
Monica Names-King serves on the board of trustees for the Names Family Foundation and Mary Bridge Children's Foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MONICA L NAMES-KING | SECRETARY-TREASURER | 20 | $15,720 |
| ERIN SHAGREN | PRESIDENT | 27 | $15,720 |
Recent News & Activity
Recent developments and announcements
The foundation has made significant commitments to several major initiatives:
**University of Puget Sound**: The foundation made its largest grant to the University of Puget Sound's endowment and created a new fund for student athlete well-being, building on the existing Tom and Meg Names Family Foundation Endowed Fund for Athletics.
UP Athletics Announces $1 Million Gift from Tom and Meg Names Family Foundation**Lake Chelan Community Center**: The foundation played a vital funding role in the upcoming Lake Chelan Community Center, which will feature a gym, playground, pool, and community amenities. The foundation honored Meg's parents, John and Helen Horan, by naming the playground structure after them.
UP Athletics Announces $1 Million Gift from Tom and Meg Names Family Foundation**Mary Bridge Children's Hospital**: The foundation was the first supporter of the New Mary Bridge Children's Hospital, a state-of-the-art pediatric campus including an inpatient tower, ambulatory building with urgent care, and specialized behavioral health services.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Tom and Meg Names Family Fdn fund?
The foundation's mission centers on empowering lives through sports, health, and education. Specific focus areas include: • **Sports**: Supporting programs that foster physical development, build character, and nurture fair play • **Health**: Backing initiatives that provide access to good nutrition, physical fitness opportunities, and affordable healthcare • **Social Services**: Supporting local and regional organizations focused on hospitals, cancer research, child development, and youth spor…
How do I apply for a grant from Tom and Meg Names Family Fdn?
The foundation made 24 grants in its most recent fiscal year. Notable recent grants include: • Seven Acres Foundation: $2,800,000 (unrestricted general support) • University of Puget Sound: $1,428,571 (unrestricted general support) • Westmont College: $600,000 (unrestricted general support) Typical grant awards range from $2,500 to $2,800,000. The foundation also made a $1 million gift to University of Portland Athletics.
Where does Tom and Meg Names Family Fdn make grants?
The foundation funds projects across multiple U.S. states and cities, including: • **Washington**: Tacoma, Puyallup, Gig Harbor, Issaquah, Seattle, Chelan, Fircrest • **Oregon**: Portland, Corvallis • **California**: Santa Barbara • **Colorado**: Denver, Lakewood • **Arizona**: Cave Creek • **Missouri**: Kansas City
What size grants does Tom and Meg Names Family Fdn award?
In 2024, Tom and Meg Names Family Fdn awarded 22 grants totaling $6.8M — an average of about $310K per grant, based on its IRS Form 990 filings.
How much is Tom and Meg Names Family Fdn required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tom and Meg Names Family Fdn reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tom and Meg Names Family Fdn's EIN?
Tom and Meg Names Family Fdn's EIN (Employer Identification Number) is 47-4742634. IRS Form 990 filing data is available on this page for 2020–2024.
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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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