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November 25, 2015 4:45 PM ET

Commercial Services and Supplies

Company Overview of Seattle Foundation, The

Company Overview

The Seattle Foundation is a not-for-profit foundation with over $307 million in assets under management. The foundation was established in 1946 and is based in Seattle, Washington.

IBM Building

Suite 1300

1200 Fifth Avenue

Seattle, WA 98101-3151

United States





Key Executives for Seattle Foundation, The

Chief Executive Officer and President
Age: 71
Secretary and Trustee
Vice Chairman
Compensation as of Fiscal Year 2015.

Seattle Foundation, The Key Developments

Seattle Foundation Adds Three New Trustees to Board

Seattle Foundation announced that Social impact leader Janet Levinger, Microsoft Executive Vice President Terry Myerson and growth investor Debra Somberg have joined the board of trustees of Seattle Foundation. The board appointment is effective July 2015 and they have been elected to serve three-year terms. Levinger is a social impact leader focusing time, advocacy efforts, and philanthropy on improving education, supporting children and their families and promoting fair democratic processes. Currently, she is the board chair of Eastside Pathways, a collective impact organization that works to build cross-sector alignment and commitment to education results. Myerson is the executive vice president of the Windows and Devices Group at Microsoft, the team responsible for the platform, apps, games, store and devices that power the Windows ecosystem. Somberg is the managing partner of Sovern Group, bringing personalised solutions for health and wellness through technological innovations.

The Seattle Foundation Announces Management Changes

The Seattle Foundation announced that Tony Mestres is the new president and chief executive officer of the foundation. Mestres replaces Norman B. Rice, who is retiring. Mestres was most recently a marketing general manager and sales vice president for Microsoft, managing worldwide partner, sales and marketing execution for the company's mobile strategy and Windows product line. The Seattle Foundation's mission is to foster powerful, rewarding philanthropy to make King County a stronger, more vibrant community for all. In his role as president and CEO, Mestres will provide strategic direction and leadership for the nation's 20th larger community foundation serving more than 1,200 families, businesses and nonprofit organizations and holding more than $800 million in charitable assets. Mestres will begin work at The Seattle Foundation on July 1.

Norman B. Rice to Retire as President & CEO of The Seattle Foundation

Norman B. Rice announced his intention to retire as president & CEO of The Seattle Foundation, as he enters his 40th year in public and community service to the Puget Sound region and the nation. Rice will continue to serve until a successor is chosen, anticipated to be summer 2014.

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