Bullitt Foundation

Bullitt Foundation
Founded 1952
Founder Dorothy Bullitt
Location
Key people
 Denis Hayes, President and CEO
Revenue (2015)
$7,147,522[1]
Expenses (2015) $2,746,933[1]
Website bullitt.org

The Bullitt Foundation is a foundation established in 1952 by Dorothy S. Bullitt, a prominent Seattle businesswoman and philanthropist who founded King Broadcasting Company in Seattle. Its assets as of the end of 2010 were in excess of US$104M.[2]

After Dorothy Bullitt died in 1989, the foundation inherited 28% of the stock from King Broadcasting Company.[3]

In 1992, the Bullitt Foundation hired conservationist Denis Hayes as President. Soon thereafter, it began to broaden the Board beyond family members and decided to devote the Foundation exclusively to protecting and restoring the environment of the Pacific Northwest.

The Foundation's mission is "to safeguard the natural environment by promoting responsible human activities and sustainable communities in the Pacific Northwest" by making grants to nonprofit organizations.

In 2010, Hayes' compensation from the Foundation was $259,673, with an additional $64,757 contributed to benefit plans of which he was the beneficiary.[4] Median compensation for the head of similar sized nonprofits in the region is $143,272.[5]

In 2009, the Foundation began developing the Bullitt Center, which is seeking to meet the ambitious Living Building Challenge and aims to be the most energy efficient commercial building in the world.

As of January 2015 the board consisted of: Michael Allen, Salley Anderson, Rod Brown, Harriet Bullitt, Maud Daudon, Howard Frumkin, Denis Hayes, Erim Gomez, Martha Kongsgaard, Michael Parham, Bill Ruckelshaus, Doug Raff, and Maggie Walker.

References

  1. 1 2 "The Bullitt Foundation" (PDF). Foundation Center. Retrieved 26 June 2017.
  2. ↑
  3. ↑ "Bullitt Foundation to aid environment". The Bulletin. December 1, 1991.
  4. ↑
  5. ↑
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