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Nonprofit · EIN 84-6884500

47TH AVENUE FOUNDATION

Also known as PHYLLIS A LINDSEY TTEE

Tax-exempt · BELLEVUE, WA 98004

Financials

$1.1M$3M2024
Revenue Expenses · by fiscal year end
Financials of 47TH AVENUE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,123,751$3,034,121-$1,910,370$59,983,712$0$59,983,712
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$649,615
Interest
$581,296
Net gain from sales of assets
-$107,160

Expenses

Grants and similar amounts paid
$1,938,316
Compensation of officers, directors and key employees
$179,922
Salaries, compensation and benefits (total)
$374,991
Disbursements for charitable purposes
$2,872,314
Excise tax on investment income
$13,858

Balance sheet and other

Total assets, start of year
$56,072,857
Total assets, end of year
$59,983,712
Total liabilities, end of year
$0
Net assets, end of year
$59,983,712
Fair market value of assets
$59,983,712
Qualifying distributions
$2,872,314
Net investment income
$1,152,622

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
OZY ZEBARJADI
PO BOX 70367, SEATTLE, WA 98127
VICE PRESIDENT OF OP
Highest-paid employee
40$193,859
LAUREN BRUCK
PO BOX 70367, SEATTLE, WA 98127
VICE PRESIDENT OF ST
Highest-paid employee
40$180,116
LINDSEY WELLMON
PO BOX 70367, SEATTLE, WA 98127
EXECUTIVE DIRECTOR40$179,922

Address and contacts

Address (IRS master file)
500 108TH AVE NE STE 1100, BELLEVUE, WA 98004-5535
Signed the 990-PF
LINDSEY WELLMON, EXECUTIVE DIRECTOR
Phone
(425) 453-7464
Return prepared by
CLARK NUBER PS

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
84-6884500
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2021
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$59,983,712
Income (IRS master file)
$13,822,995

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,123,751$3,034,121$59,983,712IRS
990-PFDecember 2023$1,038,340$2,206,296$56,072,857IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about 47TH AVENUE FOUNDATION

What is the EIN of 47TH AVENUE FOUNDATION?
The employer identification number (EIN) of 47TH AVENUE FOUNDATION is 84-6884500.
Is 47TH AVENUE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to 47TH AVENUE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does 47TH AVENUE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of 47TH AVENUE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did 47TH AVENUE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of 47TH AVENUE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $193,859 (OZY ZEBARJADI, VICE PRESIDENT OF OP).
How much revenue does 47TH AVENUE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,123,751, expenses of $3,034,121 and total assets of $59,983,712 at year end.

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