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Our Impact

At a Glance

Resources to Thrive

We believe that everyone should have access to the resources they need to thrive. We believe that healthy waterways, forests and open spaces support wellness, that the arts enrich our lives and that strong networks create opportunities. We invest directly in local nonprofits and community partners to advance this work. We also focus on system change efforts that help our community prosper.

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  • Last year more than 165 Snohomish County organizations received at least one or more FREE consultations from our staff totaling more than 1500 hours.
  • We awarded more than $8.6 million in grants in 2023. $1.8 went to BIPOC-led organizations an increase from $370,000 in 2022.
  • The payout rate for all funds together was 15%. For only donor advised funds it was 20%, which is significantly higher than the IRS requirement of 5% payout for private foundations.
  • We created a succession planning cohort for nonprofit leaders to address the impending shift in nonprofit leadership.
  • In 1999, our assets totaled $275,000. Today they are more than $60 million.
  • Developed a new Investment Committee with significant community representation. They created a 10-year plan for impact investing strategies that imbed CFSC racial equity and social justice values. This was a significant shift from past practice of only a focus on investment returns and not community impact.
  • The board adopted the new investment framework in January 2024. A new investment policy will include a priority to hire women and BIPOC owned/led investment firms.
  • All staff participated in disability justice and Trans awareness and inclusion training to improve our community engagement efforts.
  • Finished our seventh year as the backbone for the Connect Casino Road Initiative (CCR). Last year their team doubled resource navigation services, hosted several community events with more than 1,000 attendees and increased their support to families.
  • Adopted a new compensation policy that includes a 70k living wage minimum and salary review policy.
  • Our 10-year average rate of return is 7.17%. Our 2023 return was 11.37% across all funds.
    In 1999, we held 25 funds all focused on Everett parks. Today, we have 155 funds focused on all aspects of the community.

Our Impact

by the numbers

$8.6M

Amount in grants awarded

20%

Payout rate from donor funds

5%

10-year plan for impact investing to shift 5% of investments from “wall street” to local “main street” investing.

60M

Amount of total charitable assets

3,000

Hours of free staff consultation for nonprofits, community groups and partners

$70K

Amount adopted as new compensation to pay a minimum living wage to all CFSC staff

your legacy is your story