The Picard Family Foundation
EIN 814548446About
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $3,066,207. This amount represents 25% or more of the Foundation's net assets of $3,919,646 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2018 | $360K | $3.8M | $479K | 14 |
| 2019 | N/A | $4.3M | $308K | N/A |
| 2020 | $355K | $4.6M | $421K | 27 |
| 2022 | $142K | $3.9M | $316K | 10 |
| 2023 | $3.1M | $1.5M | $112K | 3 |
| 2024 | $129K | $1.5M | $160K | 7 |
Grant Size Distribution
Based on 61 grants on record
Geographic Distribution
Officers & Directors
Grants Awarded (61 total)
| Purpose | ||||
|---|---|---|---|---|
| Dead Relatives Foundation | Wilmington, DE | $1,620,575 | Expenditure Responsibility Grant | 2023 |
| Picabu Foundation | Wilmington, DE | $1,440,632 | Expenditure Responsibility Grant | 2023 |
| Villa Academy | Seattle, WA | $113,500 | General & Unrestricted | 2018 |
| St Johns College | Annapolis, MD | $90,000 | Freeing Minds campaign | 2018 |
| Pivot for Humanity Inc | Norwalk, CT | $78,950 | General & Unrestricted | 2020 |
| Beargrass Writers Workshop | Missoula, MT | $57,800 | General & Unrestricted | 2018 |
| Odea High School | Seattle, WA | $50,000 | General & Unrestricted | 2020 |
| Odea High School | Seattle, WA | $50,000 | General & Unrestricted | 2024 |
| Baylor University | Waco, TX | $40,000 | General & Unrestricted | 2024 |
| Pivot for Humanity Inc | Norwalk, CT | $30,000 | General & Unrestricted | 2022 |
| Shotgun Productions Inc | New York, NY | $30,000 | PIVOT fund | 2018 |
| Odea High School | Seattle, WA | $25,000 | General & Unrestricted | 2022 |
| Beargrass Writers Workshop | Missoula, MT | $25,000 | General & Unrestricted | 2020 |
| Rockhouse Foundation | New York, NY | $23,500 | General & Unrestricted | 2022 |
| All Saints Catholic School Inc | Norwalk, CT | $20,000 | General & Unrestricted | 2022 |
| Rockhouse Foundation | New York, NY | $18,200 | General & Unrestricted | 2018 |
| Villa Academy | Seattle, WA | $17,000 | General & Unrestricted | 2020 |
| Boys and Girls Clubs of King County | Seattle, WA | $15,000 | General & Unrestricted | 2020 |
| Small Press Distribution Inc | Berkeley, CA | $15,000 | General & Unrestricted | 2020 |
| Villa Academy | Seattle, WA | $15,000 | General & Unrestricted | 2024 |
| Rockhouse Foundation | New York, NY | $10,600 | General & Unrestricted | 2020 |
| American Institute of Musical Studies | Kansas City, MO | $10,000 | General & Unrestricted | 2022 |
| Northwest Symphony Orchestra | Seattle, WA | $10,000 | General & Unrestricted | 2022 |
| The Healing Center | Seattle, WA | $10,000 | General & Unrestricted | 2022 |
| Amara | Seattle, WA | $10,000 | General & Unrestricted | 2020 |