Seafair Foundation

Overview

The Seafair Foundation is a nonprofit organization based in the United States, with an Employer Identification Number (EIN) of 26-1233489. Recognized as a 501(c)(3) entity, the foundation operates with the mission of creating memorable events that enhance community engagement and provide affordable entertainment primarily in the Puget Sound region.

History

Founded in 1950, Seafair has a long-standing tradition of celebrating Seattle's culture and community. Initially tied to a series of local festivities, Seafair has evolved into a comprehensive festival that includes multiple events, reaching over two million participants annually. The foundation emphasizes the importance of community involvement and volunteerism, recruiting nearly 3,000 volunteers each year to execute its programs.

Mission and Activities

The primary mission of the Seafair Foundation is to organize a multi-week summer festival featuring an array of events that foster community spirit. Highlights of the festival include:

• Hydroplane Races: One of the flagship events, drawing significant crowds to Lake Washington.

• Air Show: Featuring aerial performances that contribute to the excitement of the summer festivities.

• Fleet Week: A series of events showcasing naval ships and honoring military personnel.

• Torchlight Parade: An iconic parade that marks the culmination of the festival.

• Seafair Summer 4th Fireworks Show: A grand fireworks display celebrating Independence Day.

The organization also promotes its values through a network of autonomous volunteer groups known as Family Groups, which support various charitable initiatives throughout the region.

Financial Overview

The Seafair Foundation operates on a multi-million-dollar budget, primarily supported through donations and sponsorships. Financially, it has reported revenues exceeding $200,000 in recent years, with a significant portion of funding derived from community contributions and fundraising efforts. The foundation's financial management focuses on sustaining its events and expanding its community outreach programs.

Conclusion

Through vibrant community activities and a commitment to accessibility, the Seafair Foundation continues to be a cornerstone of cultural engagement in the Seattle area. By providing memorable experiences and encouraging community participation, the foundation not only enhances local pride but also fosters a sense of belonging among residents.