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ISLANDS FUND

Richland, WA Tax ID: 91-1663838

The Islands Fund, based in Richland, WA, manages $227.8 million in assets, supports numerous U.S. cities and states, and has a board of directors with mostly uncompensated members.

About ISLANDS FUND

Comprehensive foundation profile based on the most recent IRS Form 990 filing

The Islands Fund is a foundation based in Richland, Washington, with assets totaling approximately $227.8 million. The foundation's expenses are around $15.9 million, while its revenue is about $18.8 million. The fund supports a wide range of cities across the United States, including Anchorage, Aspen, Bainbridge Island, and New York, among others. It also funds initiatives in several states such as Alaska, California, Colorado, and New York. The board of directors includes Rick S. Werner, George G. Gulick, E. Leeds Gulick, James Flaggert, Lydia Gulick, Shelby Luce, and Graeme Gulick, with James Flaggert being the only compensated director. The foundation does not have a specified website or subject areas listed for its funding priorities.

Focus Areas

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Geographic Focus

AKCACODCIDMTNHNYOHORVTWAWV

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Key Statistics
Total Assets $227.8M
Total Awarded This Year $14.6M
Average Grant Size $744
Total Grants (Previous Year) 20,463
Open to New Applicants
% New Applicants Funded
Contact Information
Richland, WA
Geographic Funding Distribution

Financials

Total Assets
$227.8M

+2.6% from previous year

Annual Grants
$14.6M

77 grants awarded in 2024

Expense Ratio
85.0%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$2,512,050SEATTLE FOUNDATIONDONOR ADVISED FUNDSeattle, WA, US2022
$2,468,000SEATTLE FOUNDATIONDONOR ADVISED FUNDSeattle, WA, US2024
$2,290,000SEATTLE FOUNDATIONDONOR ADVISED FUNDSeattle, WA, US2023
$1,345,000NATURE CONSERVANCY (CO)YOUTH EDUCATION, CONSERVATION EASEMENTS, AND SHPIBoulder, CO, US2023
$1,215,000SEATTLE FOUNDATIONDONOR ADVISED FUNDSeattle, WA, US2023
$1,200,000ALOHA FOUNDATIONENDOWMENTSFairlee, VT, US2022
$1,200,000ALOHA FOUNDATION5 PERMANENTLY RESTRICTED ENDOWMENTSFairlee, VT, US2023
$1,200,000ALOHA FOUNDATION5 PERMANENTLY RESTRICTED ENDOWMENTSFairlee, VT, US2024
$940,000SEATTLE FOUNDATIONDONOR ADVISED FUNDSeattle, WA, US2022
$830,000NATURE CONSERVANCY (CO)YOUTH EDUCATION AND OUTREACH, AND BOHART RANCH AND CO CATTLEMEN'S TRUSTBoulder, CO, US2024

People

Leadership & Staff

Compensation data from most recent available 990 forms

RS

RICK S WERNER

DIRECTOR

$0 2024
GG

GEORGE G GULICK

DIRECTOR

$0 2024
EL

E LEEDS GULICK

DIRECTOR

$0 2024
JF

JAMES FLAGGERT

DIRECTOR

$60,000 2024
LG

LYDIA GULICK

DIRECTOR

$0 2024
Showing 5 of 8 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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