Philanthropy, Voluntarism, and Grantmaking

Innovia Foundation

Driving Community Transformation

Spokane, WA

Mission

Innovia Foundation is driven by our mission to ignite generosity that transforms lives and communities to realize our vision for vibrant and sustainable communities where every person thrives.

Notes from the Nonprofit

Unless otherwise stated in program description, organizations serving residents in any of the twenty counties in Eastern Washington and North Idaho are eligible to apply for grants from Innovia Foundation. These counties include Ferry, Stevens, Pend Orielle, Lincoln, Spokane, Adams, Whitman, Columbia, Garfield, Asotin (Washington) and Boundary, Bonner, Kootenai, Benewah, Shoshone, Latah, Clearwater, Nez Perce, Lewis, Idaho (Idaho).

Ruling Year

1974

CEO

Ms. Shelly O'Quinn

Main Address

421 W. Riverside Ave. Ste. 606

Spokane, WA 99201-0405 USA

Formerly Known As

Greater Spokane Community Foundation

Spokane Inland Empire Foundation

Spokane Inland Northwest Community Foundation

Foundation Northwest

Inland Northwest Community Foundation

Keywords

Community Foundation, Funder, Scholarships, Community Grants

EIN

91-0941053

 Number

4219143722

Cause Area (NTEE Code)

Community Foundations (T31)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Social Media

Blog

Programs + Results

What we aim to solve

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Our programs

What are the organization's current programs, how do they measure success, and who do the programs serve?

SOURCE: Self-reported by organization

Community Grants Program

Columbia County Children's Fund

Opportunity Grants Program

Equinox Foundation Grant Program

Competitive Grants II

Competitive Grants III

Competitive Grants IV

Where we work

Charting Impact

Five powerful questions that require reflection about what really matters - results.

SOURCE: Self-reported by organization

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

How will they know if they are making progress?

What have they accomplished so far and what's next?

Innovia Foundation aims to ignite generosity that transforms lives and communities throughout Eastern Washington and North Idaho. This mission reflects the following goals that guide our work. • We seek GREATER GIVING to visibly grow contributions of time, talent and resources that result in meaningful change and lasting impacts. • We provide COMMUNITY LEADERSHIP that brings people together and promotes active engagement from diverse voices. • We support efforts and solutions that CREATE OPPORTUNITY to reduce inequities and build pathways that support the full potential of every person.

Realizing a bold vision requires broad participation, smart planning, dedicated leadership and the courage to take risks. Our strategies are rooted in the power of collaboration and innovation and include the following current initiatives. • We will engage new donors and volunteers through a 5% CAMPAIGN to increase philanthropic giving. In the next 10 years, over $42 billion is expected to transfer between generations in our region. We launched a campaign to inspire residents to set aside 5% for philanthropy – with the potential for $2 billion that could be returned for the benefit of our region. • We will increase engagement and support community driven solutions through the formation of 10 REGIONAL LEADERSHIP COUNCILS. These new council members will serve as Innovia ambassadors and provide an in-depth perspective on the most pressing challenges and greatest opportunities in their region. Through an annual LEADERSHIP SUMMIT and ongoing support, council members will strengthen the reach and impact of community philanthropy. • We will selectively pursue MULTI-PARTNER INITIATIVES defined by the principles of impact-driven philanthropy a clear focus, research-informed strategy, and sustained commitment to continuous collaboration and learning.

Innovia Foundation currently manages $135 million in assets held in 589 different funds. In FY2019, Innovia received gifts of over $9 million from 772 individual donors. Last year, 47 new funds were established, including 34 endowment funds. Innovia Foundation also administers complex, non-cash gifts such as life insurance, real estate, securities and partnership interests. We measure our competencies not through dollar amounts, but through our ability to tap into the power of diverse networks that can bring about transformative change. Innovia’s core staff of 15 professionals has deep experience in the nonprofit, academic, finance, health system and public sectors. Our CEO is a recognized voice of leadership in this region and has established Innovia as a trustworthy partner and change-maker. We plan to carry out our strategic initiatives and grantmaking with guidance from a dedicated Board of Directors that reflects community values and expertise. We also work hand-in-hand with hundreds of volunteers and local influencers who serve on our committees and leadership councils.

The multi-layered nature of work underway at Innovia Foundation requires a number of distinct metrics to evaluate ongoing progress. Fund assets and gifts are compared to peer foundations identified by CF Insights, an industry association with more than 250 community foundation members. Innovia tracks benchmarked data related to cumulative asset growth rate, gifts per capita and others. We assess community connection by tracking the number of people participating in community initiative work, total requests received for funding and external funding partners. Outreach efforts are also monitored according to regional media mentions, web site visits, social media followers and total press releases issued. Impact metrics may vary according to community initiatives and investments. Currently, we are tracking reading proficiency for a community initiative in a local school district. Going forward, Innovia will be investing in efforts to close the opportunity gap for students in our region. Several measures of this work will be tracked, including improving the college go-on rate and percentage of residents with a post-secondary degree.

In the last three years, Innovia has seen a 15% cumulative annual growth rate in core assets (2016-18) and an increasing annual gift rate (17%). We are planning for continued growth over the next five years, by launching a wide-reaching campaign to grow philanthropic giving in this region and through bold new initiatives. These initiatives will require working together with forward-thinking community members and organizations. Innovia continues to strengthen partnerships that drive community improvement. In FY2019, we received nearly $500,000 in external dollars from 12 different organizations to co-fund initiatives in our region. These joint projects included efforts like a comprehensive, multi-funder needs assessment that included nine different forums attended by more than 300 persons interested in making a positive impact in their community. Innovia will continue to engage thoughtfully and strategically with communities in our region, strengthen local leadership, and invest in community organizations and initiatives. Last year, Innovia distributed 1,281 grants totaling more than $6.4 million throughout our 20-county service area and beyond. Since its inception in 1975, the Foundation has awarded more than $80 million in grants and scholarships. We are excited about the future and know that we are just getting started. The last two years have brought new leadership, a new name and a bold new vision for the Foundation. We welcome you to join us and work together to create vibrant and sustainable communities where every person has the opportunity to thrive.

External Reviews

Accreditations

Council on Foundations Accredited

Affiliations & Memberships

Council on Foundations - Member 1980

CF Insights 2018

Financials

Innovia Foundation

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Operations

The people, governance practices, and partners that make the organization tick.

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  • Forms 990 for 2018, 2017 and 2016
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Board Leadership Practices

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

SOURCE: Self-reported by organization

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

No

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

No

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

No

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

No

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?

No