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Washington · Nonprofit

Innovia Foundation

Innovia Foundation (Washington) receives grants from 89 organizations whose IRS filings report $21,561,283 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($4,283,900). 38 of them have funded it in more than one year. Innovia Foundation administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.

Revenue FY2025
$32M
Funders on record
89
Grants received
$22M
Net assets
$255M
38/89 repeat funders

Hosts funds for others

Innovia Foundation administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programInnovia Foundation runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.

Paid out

$100M

Recipients

2,310

Contributions on record

$58M

Donors on record

102

Payments out are 1.73x the contributions on record, so most of what arrives moves on within the period covered here.

01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($17M) Expenses 100 ($8.1M) Net assets 100 ($109M)2019 Revenue 78 ($14M) Expenses 105 ($8.5M) Net assets 106 ($116M)2020 Revenue 159 ($27M) Expenses 170 ($14M) Net assets 115 ($125M)2021 Revenue 302 ($52M) Expenses 534 ($43M) Net assets 149 ($162M)2022 Revenue 175 ($30M) Expenses 176 ($14M) Net assets 134 ($145M)2023 Revenue 261 ($45M) Expenses 170 ($14M) Net assets 176 ($191M)2024 Revenue 204 ($35M) Expenses 236 ($19M) Net assets 209 ($227M)2025 Revenue 186 ($32M) Expenses 280 ($23M) Net assets 234 ($255M)
'17'19'20'21'22'23'24'25
Revenue (186)Expenses (280)Net assets (234)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $168M to $217M (+29%).

$109M
$136M
$145M
$187M
$168M
$217M
$256M
$286M
'17'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 49% · 2023 2% · 2024 5% · 2025 14%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$9.2M
’17
$5.0M
’19
$14M
’20
$9.0M
’21
$16M
’22
$31M
’23
$16M
’24
$9.4M
’25
14
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'19'20'21'22'23'24'25
Listed1317151717171920
Joined··+2+6+4+5+6+4
No longer listed··444543
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 30 funders, grant income rose $91k → $4.6M.

15 of 89 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 36% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $35M from 12 payers (the payer shares this organization's board, largest Spokane Regional Chamber of Commerce); $762k from one payer (the payer's own filing calls it a related party, largest Empire Health Foundation); $36k from one payer (the same organization on both sides, largest Innovia Foundation). These are real filings, and they are not money Innovia Foundation raised.

From the IRS filings of Innovia Foundation’s funders (the co-funder graph). Top 30 of 89 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

54% of Innovia Foundation's grant income comes from Washington funders.

VT
WA
ID
MT
MN
WI
MI
MA
OR
OH
CT
RI
CA
CO
DE
TN
NC
DC
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $7.7M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field
04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 9%Fundraising 2%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

73%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 4 related entities

  • Hedley LLC · disregarded
  • Innovia Ignite Foundation · exempt
  • LaunchNW · exempt
  • Charitable Remainder Trust (21) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for Innovia Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Innovia Foundation?
Innovia Foundation (Washington) receives grants from 89 organizations whose IRS filings report $21,561,283 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($4,283,900). 38 of them have funded it in more than one year. Innovia Foundation administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
How many funders does Innovia Foundation have?
IRS filings report 89 organizations giving $21,561,283 in grants to Innovia Foundation, 38 of which have funded it in more than one year.
Who is the largest funder of Innovia Foundation?
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC is the largest funder on record, with $4,283,900 in grants. The full list of funders is on this page.
How can an organization like Innovia Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 89 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing