Waldo Medical Foundation
Waldo Medical Foundation is a private foundation, based in Brier, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $131K in total assets. In 2024, it made $88K in qualifying distributions.
Waldo Medical Foundation at a glance
- Total assets
- $131,382
- +14.4% vs 2023
- Revenue (2024)
- $43,233
- -49.5% vs 2023
- Qualifying distributions (2024)
- $88,352
- -34.3% vs 2023
- Expenses (2024)
- $133,682
- -30.1% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Waldo Medical Foundation funds
How this funder distributes its grants
Grant Size Distribution
1 grant across all recorded years
The most common grant size was under $50K: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Waldo Medical Foundation gives
- In 2024 it paid out 280% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Yucatan Cripled Children's Project Everett, WA | Educational purposes- sponsor medical team of surgeons and podiatric residents to attend twice yearly in yucatan mexico to assist with children with severe and disabling foot and leg disorders. | $10,000 |
Ready to take the next step with Waldo Medical Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $131,382 | $43,233 | $133,682 | — | — | $88,352 | — | $31,577 |
| 2023 | $114,868 | $85,649 | $191,111 | — | — | $134,384 | $22,121 | $32,021 |
| 2022 | $75,371 | $113,762 | $223,976 | — | — | $172,840 | $2,666 | $40,438 |
| 2021 | $181,609 | $379,844 | $222,316 | — | — | $198,272 | $234,100 | $43,322 |
| 2020 | $50,175 | $143,495 | $214,685 | $10,000 | 1 | — | $17,231 | $44,770 |
Under IRS private-foundation payout rules, Waldo Medical Foundation reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Waldo Medical Foundation is led by Rex Nilson, President & Director on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Rex Nilson
President & Director
On filings since 2020
5 hrs/week
$25K (2020) → $0 (2024)
Lance Hulbert
Treasurer & Director
On filings since 2020
1 hr/week
$4K (2020) → $5K (2024)
Byron Hutchinson
Secretary & Director
On filings since 2020
No compensation reported
Former officers (1)
- Former: Stanley Herschberg (2020–2023) — Vice President & Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $5K, to Lance Hulbert (Treasurer/DIR).
Frequently asked questions about Waldo Medical Foundation
How large is Waldo Medical Foundation?
Waldo Medical Foundation reported $131K in total assets on its 2024 IRS Form 990-PF. It paid out $88K in qualifying distributions that year, against a required minimum of $32K (roughly 5% of its investment assets).
Where does Waldo Medical Foundation operate?
Waldo Medical Foundation has awarded grants in Washington.
What is Waldo Medical Foundation's EIN?
Waldo Medical Foundation's EIN (Employer Identification Number) is 91-0590143. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Other open foundation grants in Washington
Washington Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Waldo Medical Foundation's focus areas in our free grants database
Similar Funders
Similar funders in Washington
Seattle Foundation
Seattle, WA
Seattle Foundation supports community-led solutions, racial and economic equity, policy and systems change, and a broad range of community needs through donor-recommended and foundation-directed grants. Its 2024 median grant was $6,000, and its giving primarily serves Greater Seattle and Washington, with some grants made nationally and internationally.
Assets
$1.4B
Grants
5,379
Total Given
$177.9M
Gates Foundation
Seattle, WA
The Gates Foundation funds work to reduce disease and poverty, improve health and gender equality in lower-income countries, and support education and economic mobility in the United States, especially Washington State; it works in more than 140 countries. Its 2024 grants had a median of $500,000, with awards ranging from $1 to $350.5 million. It generally does not accept unsolicited proposals, but periodically offers opportunities through published requests for proposals.
Assets
$78.7B
Grants
4,974
Total Given
$6.3B
M J Murdock Charitable Trust
Vancouver, WA
The M.J. Murdock Charitable Trust funds nonprofit capacity-building and projects in arts and culture, civic and community services, education, health and environmental stewardship, and scientific research across Alaska, Idaho, Montana, Oregon, and Washington. Its 2024 median grant was $87,000, with awards ranging from $4,000 to about $1.55 million. Eligible organizations can submit a Letter of Inquiry; full applications are by invitation.
Assets
$2.0B
Grants
797
Total Given
$116.6M
Artsfund
Seattle, WA
ArtsFund supports Washington arts and cultural organizations, primarily through unrestricted operating grants, with some project and capital support. Its 2025 itemized grants ranged from $5,934 to $860,000, with a median of $17,500; the Annual Allocations program is invitation-only, and the profile does not state whether other programs accept unsolicited requests.
Assets
$9.6M
Grants
434
Total Given
$10.8M
The Avista Foundation
Spokane, WA
The Avista Foundation supports 501(c)(3) nonprofits working in education, basic needs and poverty, and economic and cultural vitality. Its 2025 grants had a median of $1,000, though awards ranged from $20 to $350,000, and it serves communities in eastern Washington, northern Idaho, parts of southern Oregon, Sanders County, Montana, and Juneau, Alaska.
Assets
$10.6M
Grants
577
Total Given
$2.2M
The Norcliffe Foundation
Seattle, WA
The Norcliffe Foundation funds Puget Sound nonprofits in areas including human services, education, healthcare, arts and culture, environment, and community projects; it supports programs, operations, capacity building, and capital projects. Grants vary widely, but the median is $20,000 and nearly 60% are $15,000 or less. It serves 11 counties in Washington’s Puget Sound region and accepts applications year-round through its online system.
Assets
$1.0B
Grants
454
Total Given
$56.5M
More similar funders
More Funders in Washington
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Waldo Medical Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Waldo Medical Foundation down — hundreds of funders to go?