Towne Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLINGHAM, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $690K in total assets. In 2024, it awarded 7 grants totaling $30K. Net investment income was $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$690K
-0.7% YoY
Annual Giving
$30K
+2.1% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$4K
-12.5% YoY
Under IRS private-foundation payout rules, Towne Foundation reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.
About Towne Foundation
Based on IRS filings
Towne Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLINGHAM, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $690K in total assets. In 2024, it awarded 7 grants totaling $30K. Net investment income was $32K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $689,660 | $694,797 | $696,777 |
| Revenue | $27,366 | $29,910 | $12,430 |
| Expenses | $32,503 | $31,890 | $29,295 |
| Qualifying Distributions | $30,000 | $29,392 | $27,000 |
| Net Investment Income | $31,892 | $29,548 | $26,057 |
| Distributable Amount | $42,629 | $41,603 | $43,813 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Whatcom Land Trust ($10,000), Skagit Land Trust ($10,000), Anacortes Family Center ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WHATCOM LAND TRUST BELLINGHAM, WA | LAND AND CRITICAL AREAS PROTECTION | $10,000 |
| SKAGIT LAND TRUST MOUNT VERNON, WA | LAND AND CRITICAL AREAS PROTECTION | $10,000 |
| ANACORTES FAMILY CENTER ANACORTES, WA | PROVIDE SERVICES FOR HOMELESS FAMILI | $2,000 |
| BALLARD FOOD BANK SEATTLE, WA | FEED THE HUNGRY | $2,000 |
| BELLINGHAM FOOD BANK BELLINGHAM, WA | FEED THE HUNGRY | $2,000 |
| GRAND CANYON YOUTH FLAGSTAFF, AZ | UNIQUE & EDUCATIONAL EXPEDITIONS | $2,000 |
| ANACORTES FOOD BANK SEATTLE, WA | FEED THE HUNGRY | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAMELA BROWN SANKEY | PRESIDENT | — | — |
| CAROLYN BROWN HAWKEN | VICE PRESIDE | — | — |
| JESSICA SANKEY | DIRECTOR | — | — |
| JOEL SANKEY | DIRECTOR | — | — |
| KATE HAWKEN | TREASURER | — | — |
| EMILY HAWKEN | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Towne Foundation?
Towne Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BELLINGHAM, WA. It holds $690K in total assets as of 2024.
How large is Towne Foundation?
As of 2024, Towne Foundation holds $690K in total assets with $27K in annual revenue. It awarded 7 grants totaling $30K in 2024.
Where does Towne Foundation operate?
Towne Foundation has awarded grants in Arizona, Utah, Washington.
What size grants does Towne Foundation award?
In 2024, Towne Foundation awarded 7 grants totaling $30K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Towne Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Towne Foundation reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Towne Foundation's EIN?
Towne Foundation's EIN (Employer Identification Number) is 84-1361895. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Towne Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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