Treehouse Family Foundation
- Assets
- $125.0m
- Revenue
- $32.0m
- Investments
- $90.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2022
- EIN
- 85-4230020
Organization Overview
Treehouse Family Foundation is located in New York, NY. 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. Treehouse Family 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 12/2022, Treehouse Family Foundation generated $32.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (21.0%) each year.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Proctor Director/president/treasure | 15 | $0 | |
Sarah Groothuis Secretary | 12 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ward Edwards Inc | 12/30/22 | $185,523 |
Complete Modular Solutions | 12/30/22 | $175,000 |
Mullet St Llc | 12/30/22 | $80,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32,000,000 |
| Interest on Savings | $44,735 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,044,735 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,701 |
| Total operating and administrative expenses | $48,621 |
| Contributions, gifts, grants paid | $6,989,657 |
| Total expenses and disbursements | $7,038,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,623 |
| Savings and temporary cash investments | $22,029,906 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $90,000,000 |
| Net Land, buildings, and equipment | $12,464,162 |
| Other assets | $454,198 |
| Total assets | $125,003,889 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Treehouse Family Foundation has awarded $6,989,657 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S SCHOLARSHIP FUND PURPOSE: GENERAL SUPPORT | $50,000 |
SUCCESS ACADEMY CHARTER SCHOOLS PURPOSE: GENERAL SUPPORT | $100,000 |
NORTHEASTERN UNIVERSITY PURPOSE: GENERAL SUPPORT | $284,000 |
THE BROAD INSTITUTE OF MIT AND HARVARD PURPOSE: GENERAL SUPPORT | $1,901,407 |
PHILANTHROPIC IMPACT FUND PURPOSE: GENERAL SUPPORT | $4,654,250 |