Non-profit

Wy’east Foundation

Location:

Hood River, OH

Tax ID:

81-5366149

Tax-Exempt Status:

501(c)(3)-PF

Budget (2020):

Assets: $7,044,657

Type:

Private Grantmaking Foundation

Formation:

2017

President:

Jay F Sherrerd 1

References

  1. Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2022. Part VII. https://projects.propublica.org/nonprofits/organizations/815366149/202321229349102322/full
Budget (2022):

Revenue: $-38,334

Expenses: $898,827

Assets: $5,889,585 1

References

  1. Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2022. Part I and II. https://projects.propublica.org/nonprofits/organizations/815366149/202321229349102322/full

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The Wy’East Foundation is a left-of-center private foundation that provides grants towards land conservation, human services, and left-leaning climate advocacy. The organization was founded in 2017 and operates out of Hood River, Oregon.

In 2022 Wy’East gave $100,000 to 350.org, $125,000 to the Environmental Defense Fund, $100,000 to the Natural Resources Defense Council, $100,000 to the Rocky Mountain Institute, and $25,000 to Protect Our Winters. 1

Background

The Wy’East Foundation is a private grantmaking foundation founded in 2017 and operates out of Hood River, Oregon. 2 According to its 2022 990 form, the Foundation paid $52,196 to National Financial Services (Fidelity) for independent contracting services in the form of “ financial advisory and management.” 3

Leadership

Jay Sherrerd is listed as the president of the Foundation, and according to tax returns appears to have served at least since 2017. 4 5

Jane Duncombe is listed as Vice-President of the Wy’East Foundation as well as both the Treasurer and Secretary of the board, according to its 2022 tax return. 6

Casey Sherrerd is listed as a director of the Wy’East Foundation, according to its 2022 tax return. 7

Funding

During the 2022 fiscal year, the Wy’East Foundation made $840,000 in contributions in the form of 16 grants. These include $125,000 to the Environmental Defense Fund (EDF) for “general operations to support North America Carbon Reduction,” 8 $100,000 to 350.org for “working to solve [the] climate crisis,” 9 $100,000 to the Natural Resources Defense Council for “Climate Work,” 10 and $85,000 to the Burning Man Project for “general operations to support events for Art, Culture, Education, and Civic Engagement.” 11

During the 2021 fiscal year, the Wy’East Foundation made $725,000 in contributions in the form of 14 grants. The largest of these grants include $125,000 paid to the Environmental Defense Fund for “General Operations to Support North America Carbon Reduction,” 12 $100,000 paid to 350.org for “working to solve [the] climate crisis,” 13 $100,000 to the Natural Resources Defense Council for “Climate Work,” 14 and $100,000 to the Rocky Mountain Institute for “General Operations to Support Efficient and Restorative Uses of Resources.” 15

Financials

According to its 2022 tax return, Wy’East foundation reported revenue of $ -38,334, expenses of $898,827, and total assets of $5,889,585. The same form shows that in 2022, the organization provided roughly $840,000 in contributions and grants paid to outside organizations. 16

According to its 2021 return, the foundation reported revenue of $655,431, expenses of $791,585, and total assets listed as $6,804,536. The same form shows that during the fiscal year 2021 the foundation spent $725,000 in contributions and grants paid out. 17

References

  1. Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2022. Part XIV, Line 3. https://projects.propublica.org/nonprofits/organizations/815366149/202321229349102322/full
  2. “Wy’East Foundation.” Cause IQ, Accessed April 26, 2024. https://www.causeiq.com/organizations/wyeast-foundation,815366149/
  3.  Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2022. Part VII, Line 3. https://projects.propublica.org/nonprofits/organizations/815366149/202321229349102322/full
  4. Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2022. Part VII, Line 1. https://projects.propublica.org/nonprofits/organizations/815366149/202321229349102322/full
  5. Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2017. Part VII, Line 1. https://projects.propublica.org/nonprofits/organizations/815366149/201801349349102400/full
  6. Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2022. Part VII, Line 1. https://projects.propublica.org/nonprofits/organizations/815366149/202321229349102322/full
  7. Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2022. Part VII, Line 1. https://projects.propublica.org/nonprofits/organizations/815366149/202321229349102322/full
  8. Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2022. Part XIV, Line 3. https://projects.propublica.org/nonprofits/organizations/815366149/202321229349102322/full
  9. Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2022. Part XIV, Line 3. https://projects.propublica.org/nonprofits/organizations/815366149/202321229349102322/full
  10.  Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2022. Part XIV, Line 3. https://projects.propublica.org/nonprofits/organizations/815366149/202321229349102322/full
  11. Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2022. Part XIV, Line 3. https://projects.propublica.org/nonprofits/organizations/815366149/202321229349102322/full
  12. Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2021. Part XIV, Line 3. https://projects.propublica.org/nonprofits/organizations/815366149/202242089349100209/full
  13. [1] Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2021. Part XIV, Line 3. https://projects.propublica.org/nonprofits/organizations/815366149/202242089349100209/full
  14. Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2021. Part XIV, Line 3. https://projects.propublica.org/nonprofits/organizations/815366149/202242089349100209/full
  15. Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2021. Part XIV, Line 3. https://projects.propublica.org/nonprofits/organizations/815366149/202242089349100209/full
  16.  Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2022. Parts 1 & 2. https://projects.propublica.org/nonprofits/organizations/815366149/202321229349102322/full
  17.  Return of Organization Exempt from Income Tax (Form 990). Wyeast Foundation. 2021. Parts 1 & 2. https://projects.propublica.org/nonprofits/organizations/815366149/202242089349100209/full
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Nonprofit Information

  • Accounting Period: December - November
  • Tax Exemption Received: May 1, 2017

  • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2020 Dec Form PF $0 $0 $7,044,657 $1 $0 $0 $0 $0
    2019 Dec Form PF $0 $0 $7,502,918 $1 $0 $0 $0 $0 PDF

    Additional Filings (PDFs)

    Wy’east Foundation

    PO BOX 205
    Hood River, OH 97031