INNOVIA FOUNDATION

SPOKANE, WA, 99201-0909 (509) 624-2606 Est. 1974 EIN 91-0941053
T310— Philanthropy & Grantmaking Form 990 501(c)(3)
WWW.INNOVIA.ORG

Mission

Innovia is a community foundation formed for the benefit of the communities within their region of operation. Innovia seeks to partner with people and other organizations who want to make the world better by addressing our region's problems, helping those in need and identifying and responding to our region's greatest opportunities.

Giving Portfolio

Total Grants
3,175
Total Giving
$71.7M
Recipients
3,081
Years Active
2019 - 2023
Avg grant: $25,805 Median: $13,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2023379$11.3M $30K82285
2022340$8.0M $23K87244
2021331$9.3M $28K104218
20201818$34.3M $19K1564199
2019307$8.8M $29K2980

Sectors Funded

Human Services
232
Education
218
Arts, Culture & Humanities
145
Youth Development
88
Health Care
85
Community Improvement
81
Religion-Related
73
Animal-Related
59
and 17 more sectors

Top States

Washington
2477
Idaho
467
California
35
Montana
24
Massachusetts
14
District of Columbia
12
Texas
12
Iowa
11
and 27 more states

Grantee Size Profile

$100K - $500K
372
$1M - $5M
350
Over $50M
168
Under $100K
142
$500K - $1M
119
$10M - $50M
108
$5M - $10M
107

Top Grantees

and 15 more grantees

Grants Awarded · 1681 grants

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Financials

Total Revenue
$35,126,446
Total Expenses
$19,018,596
Net Assets
$227,109,765
39 employees 375 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 21.9%
Expenses ↑ 38.5%
Revenue Sources
Contributions 92.7% Earned revenue 1.8% Investment 15.7%
Expense Breakdown
Program 89.2% Management 9.1% Fundraising 1.7%

Officers & Trustees (19)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2023 Form 990$35,126,446 $19,018,596$227,109,765
2022 Form 990$45,002,329 $13,733,721$190,642,764
2021 Form 990$30,081,757 $14,195,053$145,101,886
2020 Form 990$52,076,243 $43,059,964$162,148,062
2019 Form 990$27,327,489 $13,688,853$124,542,929

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EIN: 91-0941053 · Source: IRS Form 990 e-file data