ICICLE FUND
Icicle Fund is a 501(c)(3) philanthropic foundation in Leavenworth, Washington that awards 1- and 2-year unrestricted grants to nonprofit organizations in North Central Washington focused on arts, history and culture, and environmental education and conservation.
- Company typePrivate
- Founded1998
- HeadquartersLeavenworth, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What ICICLE FUND does
Icicle Fund is a 501(c)(3) philanthropic organization headquartered in Leavenworth, Washington, that awards 1- and 2-year unrestricted grants to nonprofit organizations operating in North Central Washington. Established in 1998 by philanthropist Harriet Bullitt, the fund focuses on three programmatic areas: arts, history and culture, and environmental education and conservation. Grant awards historically range from $3,000 to $35,000, with the majority between $10,000 and $15,000, and approximately 40% of submitted proposals receive funding. Since inception, the fund has distributed more than $50 million to approximately 150 nonprofit organizations across Chelan, Douglas, Grant, and Okanogan counties.
The foundation's governance is structurally embedded with six founding partner organizations (Icicle Creek Center for the Arts, Chelan-Douglas Land Trust, Methow Arts Alliance, The Nature Conservancy, Trust for Public Land, and Wenatchee River Institute), which hold majority board representation. Day-to-day operations are run by a lean team of two: Executive Director Phil Lacey and Operations Officer Tiffany Brine-Davies. In 2019, founder Bullitt gifted Sleeping Lady Mountain Resort to the foundation; 100% of the resort's net profits now flow to the fund's grant-making activities, providing a sustained revenue stream beyond the initial endowment. Bullitt passed away in 2022 at age 97.
The fund's business model relies on two revenue sources: the original endowment from founder Harriet Bullitt and the operating profits of Sleeping Lady Mountain Resort. There is no traditional commercial pricing model; grants are awarded through a competitive application process reviewed by board members and staff. Distribution occurs via the Community Grants Program, with applications due January 30, awards announced March 16, and funds disbursed April 1 annually. Eligible applicants include 501(c)(3) nonprofits, local/city/tribal government organizations, and fiscally sponsored organizations within the four-county service area.
ICICLE FUND firmographics
Firmographics- Name
- ICICLE FUND
- Legal name
- Icicle Fund
- Website
- https://iciclefund.org
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Icicle Fund is a 501(c)(3) philanthropic foundation in Leavenworth, Washington that awards 1- and 2-year unrestricted grants to nonprofit organizations in North Central Washington focused on arts, history and culture, and environmental education and conservation.
- Ownership category
- akta.pro rank
ICICLE FUND industry classification
Industry- Product category
- Community Foundation Grantmaking
- NAICS
- Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)
- SIC
- Services-Social Services (8300)
- akta.pro primary industry
- International Grantmaking & Development Foundations (BPAGAKAH)
- akta.pro secondary industries
- Environmental & Climate Grantmaking Foundations (BPAGAKAM), Education Grantmaking Foundations (BPAGAKAK)
Keywords
Where ICICLE FUND is headquartered
LocationHeadquarters
- HQ city
- Leavenworth
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
ICICLE FUND business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Marketing or Sales
Revenue model
- Philanthropic Funding: Primary funding comes from the generosity of founder Harriet Bullitt, who established the fund in 1998. Additional funding is generated from net profits from Sleeping Lady Mountain Resort, which was gifted to Icicle Fund in 2019.
- Sleeping Lady Mountain Resort: 100% of the Resort's net profits are dedicated to supporting the environment, arts, and cultural and natural history of North Central Washington. The resort operates as a hospitality business that generates funds for the foundation's grant-making activities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Unrestricted grants to nonprofits |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
ICICLE FUND product offering
Product offeringCore offering
Icicle Fund provides 1- and 2-year unrestricted grants to nonprofit organizations that make an impact in North Central Washington across three focus areas: the arts, history and culture, and environmental education and conservation. Grant awards historically range from $3,000 to $35,000 (most commonly $10,000–$15,000) and can be applied by recipients to programs, salaries/benefits, technology, capacity-building, communications, or any effort that strengthens organizational capacity. The Fund was established in 1998 by philanthropist Harriet Bullitt and has invested more than $50 million in nearly 150 nonprofit organizations across Chelan, Douglas, Grant, and Okanogan counties.
Product overview
Icicle Fund operates as a philanthropic organization providing unrestricted grants to nonprofits in North Central Washington. The organization has two primary offerings: its Community Grants Program, which awards 1- and 2-year unrestricted grants to nonprofits in arts, history, and environmental education; and Sleeping Lady Mountain Resort, a social enterprise where 100% of net profits support the Fund's mission. The Fund was established in 1998 and has invested over $50 million in nearly 150 nonprofit organizations.
Differentiator
Problem solved
Functional benefit
Products and services
- Community Grants Program Competitive grant program providing 1- and 2-year unrestricted grants to nonprofit organizations in North Central Washington. Eligible applicants include 501(c)(3) nonprofits, local/city/tribal government organizations, and fiscally sponsored organizations. Awards historically range from $3,000 to $35,000, with most between $10,000 and $15,000. Applications due January 30; awards announced March 16; funds disbursed April 1. Approximately 40% of submitted proposals receive awards. Funds can be applied to programs, salaries/benefits, technology, capacity-building, communications, or any effort that strengthens the recipient organization's mission delivery.
- Sleeping Lady Mountain Resort Wholly-owned mountain resort and hospitality venue in Leavenworth, Washington operating as a social enterprise subsidiary of Icicle Fund. 100% of the Resort's net profits are dedicated to supporting the environment, arts, and cultural and natural history of North Central Washington. Provides the foundation with a sustainable, ongoing funding source beyond the original endowment.
Quantifiable outcome
- Over $50 million in grants distributed to approximately 150 nonprofit organizations over 28 years
- +1 more outcomes
Companies that use ICICLE FUND
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles3 records
ICICLE FUND technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ICICLE FUND partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- Sleeping Lady Mountain ResortcoreIn 2019, Icicle Fund founder Harriet Bullitt gifted Sleeping Lady Mountain Resort to Icicle Fund. 100% of the Resort's net profits are dedicated to supporting the environment, arts, and cultural and natural history of North Central Washington. The resort operates as a sustainable funding source for the foundation.
- Icicle Creek Center for the ArtscoreOne of six founding partner organizations that holds seats on the Icicle Fund Board of Directors. Focuses on advancing the arts in North Central Washington.
- Chelan-Douglas Land TrustcoreOne of six founding partner organizations that holds seats on the Icicle Fund Board of Directors. Focuses on land conservation in the region.
- Methow Arts AlliancecoreOne of six founding partner organizations that holds seats on the Icicle Fund Board of Directors. Focuses on arts in the Methow Valley region.
- The Nature ConservancycoreOne of six founding partner organizations that holds seats on the Icicle Fund Board of Directors. International conservation organization with local Washington operations.
- Trust for Public LandcoreOne of six founding partner organizations that holds seats on the Icicle Fund Board of Directors. National organization focused on land conservation and public access.
- Wenatchee River InstitutecoreOne of six founding partner organizations that holds seats on the Icicle Fund Board of Directors. Focuses on environmental education in the Wenatchee area.
Scale indicators4 records
Recent moves6 records
Expansion highlights2 records
ICICLE FUND competitors and assessment
Company assessmentDirect peers
- Inland Northwest Community Foundation: Eastern Washington/North Idaho community foundation providing grants to rural and tribal-serving nonprofits in the inland Northwest; directly comparable as a regional grantmaker serving a defined rural geography with multi-area mission focus.
- Oregon Community Foundation: One of the oldest U.S. community foundations, distributing grants across arts, environment, and community vitality in Oregon; directly comparable as a Pacific Northwest regional grantmaker serving rural and urban nonprofits with multi-year capacity-building grants.
- Blue Moon Fund: Private foundation focused on environment and community vitality; directly comparable in mission alignment (environment/arts/community grantmaking) and in operating as a smaller, founder-driven perpetual foundation.
- Seattle Foundation: Washington-state community foundation providing grants across arts, environment, education, and civic causes; directly comparable as a regional grantmaking vehicle using similar pooled-fund and donor-advised models serving a defined Pacific Northwest geography.
- Bullitt Foundation: Pacific Northwest foundation focused on environment and sustainable communities, founded by the same Bullitt family; highly comparable as a regional grantmaker with environmental mission alignment and family-foundation DNA.
- Whatcom Community Foundation: Northwest Washington community foundation serving Whatcom County with grants to nonprofits in arts, environment, and community; comparable in scale and mission focus as a small-to-mid regional grantmaker with similar focus-area structure.
Broad incumbents
- M.J. Murdock Charitable Trust: Large Pacific Northwest private foundation funding arts, education, and environment across OR, WA, ID, MT, and AK; broader incumbent peer that grants at significantly larger scale but serves overlapping geographies and focus areas.
- Rasmuson Foundation: Alaska-based private foundation providing grants to arts, environment, and community causes; comparable as a Pacific Northwest regional private foundation with similar focus areas but operating at larger scale and broader geography.
Emerging players
- Trust for Public Land: National conservation organization that is both a partner and ecosystem peer; operates a Pacific Northwest regional program that complements Icicle's environmental grantmaking in NCW, with overlapping leadership on Icicle's board.
- Methow Arts Alliance: Regional arts-support nonprofit and one of Icicle's six founding partners; comparable as a Pacific Northwest rural arts grantmaker and intermediary with overlapping mission and board representation.
Market position
Strengths2 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
ICICLE FUND social profiles
Digital presenceICICLE FUND financial estimates
Financial estimateRevenue estimate
Valuation estimate
ICICLE FUND leadership team
Management profileNumber of profiles
Profiles9 records
ICICLE FUND subsidiaries and ownership
Company hierarchySubsidiaries1 record
ICICLE FUND funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ICICLE FUND M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ICICLE FUND
What does ICICLE FUND do?
Icicle Fund provides 1- and 2-year unrestricted grants to nonprofit organizations that make an impact in North Central Washington across three focus areas: the arts, history and culture, and environmental education and conservation. Grant awards historically range from $3,000 to $35,000 (most commonly $10,000–$15,000) and can be applied by recipients to programs, salaries/benefits, technology, capacity-building, communications, or any effort that strengthens organizational capacity. The Fund was established in 1998 by philanthropist Harriet Bullitt and has invested more than $50 million in nearly 150 nonprofit organizations across Chelan, Douglas, Grant, and Okanogan counties.
Is ICICLE FUND a public or private company?
ICICLE FUND is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was ICICLE FUND founded?
ICICLE FUND was founded in 1998. It employs 1 to 10 people.
Where is ICICLE FUND based?
ICICLE FUND is headquartered in Leavenworth, United States, in the North America region.
How does ICICLE FUND make money?
Two revenue lines are on record. Philanthropic Funding is the primary driver. The others are sleeping Lady Mountain Resort.
Who are ICICLE FUND's main competitors?
Direct peers on record are Inland Northwest Community Foundation, Oregon Community Foundation, Blue Moon Fund, Seattle Foundation, Bullitt Foundation and Whatcom Community Foundation. Broad incumbents are M.J. Murdock Charitable Trust and Rasmuson Foundation. Emerging players are Trust for Public Land and Methow Arts Alliance.
Does ICICLE FUND have an API?
No public API is recorded for ICICLE FUND.
What industry is ICICLE FUND in?
ICICLE FUND's product category is Community Foundation Grantmaking. Its primary akta.pro industry code is BPAGAKAH, International Grantmaking & Development Foundations, with a secondary code of BPAGAKAM, Environmental & Climate Grantmaking Foundations. Its NAICS code is 813211 and its SIC code is 8300.