The Raintree Foundation
- Assets
- $0.0
- Revenue
- $885.2k
- Investments
- $9.1m
- Employees
- 0
- Location
- Goleta, CA
- Founding
- 05/1994
- Data as of
- 12/2020
- EIN
- 77-0359291
Organization Overview
The Raintree Foundation is located in Goleta, CA. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Raintree Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Raintree Foundation generated $885.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Raintree Foundation has awarded 312 individual grants totaling $13,273,181. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellicott Million Secretary | 10 | $41,000 | |
James A Frank President/cfo | 5 | $0 | |
Jessica Frank Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $149 |
| Dividends & Interest | $150,471 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,237 |
| Total Revenue | $885,203 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $42,577 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $141,847 |
| Contributions, gifts, grants paid | $1,747,370 |
| Total expenses and disbursements | $1,889,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,124,994 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $682 |
Grants Awarded
Over the last fiscal year, The Raintree Foundation has awarded $1,921,500 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
THE REGENTS OF THE UNIVERSITY OF CALIFORNIA PURPOSE: IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $385,500 |
San Luis Obispo, CA PURPOSE: IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $300,000 |
Pullman, WA PURPOSE: IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $300,000 |
Grand Canyon, AZ PURPOSE: IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $100,000 |
GRAND TETON ASSOCIATION PURPOSE: IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $100,000 |
SCHOLARSHIP FOUNDATION OF SANTA BARBARA PURPOSE: SCHOLARSHIPS | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |