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Filing year 2024

MARK TORRANCE FOUNDATION

Seattle, Washington·EIN 91-1939909·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1M
Total assets
$11.2M
Total expenses
$942k
Reported officers
7

Reported officers (all unpaid)

No paid executives reported in 2024. MARK TORRANCE FOUNDATION reported 7 unpaid officers and board members on its 990-PF.

Director
Director
Director
Director
President, Director
Officer, Secretary
Treasurer
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MARK TORRANCE FOUNDATION equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$820k

Itemized grants

16

Median grant

$23k

RecipientLocationPurposeAmount
UW FOUNDATIONSEATTLE, WAPROGRAM SUPPORT - SOCIAL SERVICES$250k
MAKEWAY FOUNDATIONBRITISH COLUMBIA, CAPROGRAM SUPPORT - SOCIAL SERVICES$100k
SEATTLE CHILDREN'S FOUNDATIONSEATTLE, WAPROGRAM SUPPORT - SOCIAL SERVICES$100k
RECOVERY CAFESEATTLE, WAPROGRAM SUPPORT - SOCIAL SERVICES$83k
ISLANDWOODBAINBRIDGE ISLAND, WAPROGRAM SUPPORT - SOCIAL SERVICES$50k
NEW VENTURE FUNDBALTIMORE, MDPROGRAM SUPPORT - SOCIAL SERVICES$50k
SAN JUAN ISLANDS MUSEUM OF ARTFRIDAY HARBOR, WAPROGRAM SUPPORT - SOCIAL SERVICES$50k
ROCKEFELLER PHILANTHROPY ADVISORS INCNEW YORK, NYPROGRAM SUPPORT - SOCIAL SERVICES$24k
HEALTHPOINTRENTON, WAPROGRAM SUPPORT - SOCIAL SERVICES$23k
TREEHOUSE FUND INCSEATTLE, WAPROGRAM SUPPORT - SOCIAL SERVICES$20k
AFRICAN COMMUNITY HOUSING & DEVELOPMENTRENTON, WAPROGRAM SUPPORT - SOCIAL SERVICES$20k
STREET BUSINESS SCHOOLBOULDER, COPROGRAM SUPPORT - SOCIAL SERVICES$20k
TERRACYCLE GLOBAL FOUNDATIONTRENTON, NJPROGRAM SUPPORT - SOCIAL SERVICES$20k
SEATTLE CHILDREN'S THEATER ASSOCIATIONSEATTLE, WAPROGRAM SUPPORT - SOCIAL SERVICES$8k
MOUNTAIN CLIMATE FUNDSEATTLE, WAPROGRAM SUPPORT - SOCIAL SERVICES$3k
LAKE FOREST PARK PTALAKE FOREST PARK, WAPROGRAM SUPPORT - SOCIAL SERVICES$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

MARK TORRANCE FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$517k
$856k
2023
$1M
$942k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Washington

MARK TORRANCE FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Washington earns a median of $35,888.

25th percentile
$10k
Median
$35,888
75th percentile
$120k
90th percentile
$220k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 420 organizations across 420 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Washington

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FAQ

Common questions about MARK TORRANCE FOUNDATION

What are MARK TORRANCE FOUNDATION's revenue and expenses?

In 2024, MARK TORRANCE FOUNDATION reported $1M in total revenue and $942k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.