Overview

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Est.

1996

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

INNOVATE WASHINGTON FOUNDATION, doing business as IGNITE NORTHWEST, is a nonprofit organization focused on philanthropy with a mission to connect innovators and researchers with entrepreneurial and financial resources to foster the development of world-class companies and high-value jobs, thereby supporting the future economy of the region. With an operating budget of $1.1 million and total revenue of $944.1K for the filing year 2024, the organization has a significant funding source labeled as "unknown," which accounts for a substantial amount of its revenue. More information can be found on their website at www.ignitenorthwest.com.

Mission Statement

INNOVATE WASHINGTON FOUNDATION COLLABORATES, CONVENES AND CONNECTS INNOVATORS AND RESEARCHERS WITH ENTREPRENEURIAL AND FINANCIAL CAPITAL NEEDS TO PRODUCE WORLD-CLASS COMPANIES AND HIGH-VALUE JOBS THAT WILL FORM THE BACKBONE OF THE REGION'S FUTURE ECONOMY.
Revenues
$944.1K
Expenses
$1.1M
Net Income:
-$135.1K
Assets
$8.6M
Liabilities
$9.4M
Net Assets:
-$763.7K
Operating Budget
$1.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$77K
Largest grant received
$77K
T
Thomas Simpson
Board Member
A
April Stoltz
Board Member
R
Richard Denenny
Board Member

Frequently Asked Questions

What is INNOVATE WASHINGTON FOUNDATION DBA IGNITE NORTHWEST’s budget?
In 2024, INNOVATE WASHINGTON FOUNDATION DBA IGNITE NORTHWEST reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does INNOVATE WASHINGTON FOUNDATION DBA IGNITE NORTHWEST support?
INNOVATE WASHINGTON FOUNDATION DBA IGNITE NORTHWEST supports work in Philanthropy.
Where does INNOVATE WASHINGTON FOUNDATION DBA IGNITE NORTHWEST operate?
INNOVATE WASHINGTON FOUNDATION DBA IGNITE NORTHWEST is headquartered in Spokane, WA.
Who funded INNOVATE WASHINGTON FOUNDATION DBA IGNITE NORTHWEST recently?
In 2016, INNOVATE WASHINGTON FOUNDATION DBA IGNITE NORTHWEST received grants from PROVIDENCE HEALTH & SERVICES - WASHINGTON and PROVIDENCE HEALTH & SERVICES - WASHINGTON. More information on this organization’s funders is available to registered users.
What is the largest grant INNOVATE WASHINGTON FOUNDATION DBA IGNITE NORTHWEST received in 2016?
The largest grant to INNOVATE WASHINGTON FOUNDATION DBA IGNITE NORTHWEST in 2016 exceeds $77 thousand.