THE LOCHLAND FOUNDATION

BELLEVUE, WA 98004 EIN 510420961

https://N/A

$17.6M Total Assets (2024)

$634K Avg Yearly Giving (2022–2024)

$1.9M Giving on File
(3 yrs)

17 Grants on File

$103K Avg Grant Size

About

THIS STATEMENT IS SUBMITTED IN ACCORDANCE WITH REG. 1.6043-3(A)(1) AND FORM 990-PF GENERAL INSTRUCTION T TO REPORT THE DISTRIBUTION OF CERTAIN ASSETS THAT RESULTED IN A SUBSTANTIAL CONTRACTION OF ASSETS. DURING CALENDAR YEAR 2022, LOCHLAND FOUNDATION MADE DISTRIBUTIONS FROM SOURCES OTHER THAN CURRENT INCOME RESULTING IN A SUBSTANTIAL CONTRACTION. THE DISTRIBUTIONS ARE PART OF A SERIES AND WERE COMPLETED BY YEAR END. THESE DISTRIBUTIONS DO NOT CONSTITUTE A FINAL DISTRIBUTION OF THE FOUNDATION'S ASSETS. THE LOCHLAND FOUNDATION HAS NO PLANS TO TERMINATE AT THIS TIME. RECIPIENT'S NAME, EIN AND ADDRESS: 47TH AVENUE FOUNDATION EIN: 84-6884500 500 108TH AVE NE, STE 100 BELLEVUE, WA 98004 ASSETS DISTRIBUTED IN 2022: NON-CASH EQUITIES AND BONDS: $168,520 RECIPIENT'S NAME, EIN AND ADDRESS: FIDELITY CHARITABLE GIFT FUND EIN: 11-0303001 PO BOX 770001 CINCINNATI, OH 45277 ASSETS DISTRIBUTED IN 2022: NON-CASH EQUITIES AND BONDS: $168,515

Application Information

Accepts Unsolicited Proposals No — Preselected Only

Contact Person KATHERINE BINDER

Phone 2062006322

Deadlines AT THE DISCRETION OF THE BOARD

How to Apply THERE IS A FORMAL APPLICATION FORM TO COMPLETE THAT REQUESTS BASIC INFORMATION ABOUT THE STUDENT INCLUDING THEIR AGE, EXPECTED MAJOR, TRANSCRIPTS, A LIST OF EXTRA CURRICULAR ACTIVITIES AND FAMILY INCOME RANGES. TWO LETTERS OF RECOMMENDATIONS ARE REQUESTED AS WELL AS A BRIEF ESSAY.

Restrictions THE AWARDS ARE LIMITED TO HIGH SCHOOL STUDENTS IN THE SEATTLE AREA WITH DEMONSTRATED FINANCIAL NEED, ACADEMIC ACHIEVEMENT, AND THE APPROPRIATE TEACHER RECOMMENDATIONS. THE STUDENT MUST TAKE CORE CLASSES THAT WILL RESULT IN A FOUR YEAR DEGREE AND TAKE A FULL LOAD OF CLASSES. THE STUDENT MUST ALSO MAINTAIN A 3.0 GPA AND MUST SUPPLY TRANSCRIPTS UPON REQUEST.

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table

Year	Total Giving	Total Assets	Revenue	Grants
2018	N/A	$12.8M	$351K	N/A
2019	N/A	$18.9M	$5.5M	N/A
2020	N/A	$19.5M	$283K	N/A
2022	$863K	$14.5M	$411K	7
2023	$525K	$16.0M	$154K	5
2024	$515K	$17.6M	$471K	5

Grant Size Distribution

Based on 17 grants on record

Minimum

$25K

25th Pctl

$50K

Median

$100K

Average

$112K

75th Pctl

$169K

Maximum

$275K

Geographic Distribution

Key Personnel

Name	Title	Compensation
KATHERINE BINDER	PRESIDENT/TREASURER	—
BILL BINDER	SECRETARY	—
PHYLLIS LINDSEY	PRESIDENT	—
MARK LINDSEY	VICE-PRESIDENT	—

Grants Awarded (17 total)

Recipient	Location	Amount	Purpose	Year
BELLEVUE LIFESPRING	BELLEVUE, WA	$275,000	GENERAL FUND	2024
BELLEVUE LIFESPRING	BELLEVUE, WA	$250,000	GENERAL FUND	2023
BELLEVUE LIFESPRING	BELLEVUE, WA	$200,000	GENERAL FUND	2022
47TH AVENUE FOUNDATION	BELLEVUE, WA	$168,520	CAPITAL ENDOWMENT. BOOK VALUE OF CONTRIBUTED PROPERTY: EQUITIES & BONDS - $141,218 FMV: EQUITIES & BONDS -...	2022
FIDELITY CHARITABLE GIFT FUND	CINCINNATI, OH	$168,515	CAPITAL ENDOWMENT. BOOK VALUE OF CONTRIBUTED PROPERTY: EQUITIES & BONDS - $141,214 FMV: EQUITIES & BONDS -...	2022
RAINIER ATHLETES	BELLEVUE, WA	$125,000	GENERAL FUND	2024
RECOVERY CAFE	SEATTLE, WA	$100,000	GENERAL FUND	2022
ONE MIND FOUNDATION	RUTHERFORD, CA	$100,000	GENERAL FUND	2022
OVERLAKE HOSPITAL	BELLEVUE, WA	$100,000	GENERAL FUND	2022
ONE MIND INSTITUTE	RUTHERFORD, CA	$100,000	GENERAL FUND	2023
RECOVERY CAFE	SEATTLE, WA	$75,000	GENERAL FUND	2023
RECOVERY CAFE	SEATTLE, WA	$65,000	GENERAL FUND	2024
PROGRAM FOR EARLY PARENT SUPPORT	SEATTLE, WA	$50,000	GENERAL FUND	2023
RAINIER ATHLETES	BELLEVUE, WA	$50,000	GENERAL FUND	2023
FRED HUTCHINSON	SEATTLE, WA	$26,000	GENERAL FUND	2022
FRED HUTCH CANCER CENTER	SEATTLE, WA	$25,000	GENERAL FUND	2024
ALEXANDER'S HOPE	SNOHOMISH, WA	$25,000	GENERAL FUND	2024