Not yet Foundation
Not yet Foundation is a private foundation focused on Human Services, based in Issaquah, WA. IRS filing data is available from 2020 through 2025. In 2025, it awarded 2 grants totaling $136K. Net investment income was $27.
Not yet Foundation at a glance
In short: Not yet Foundation gave $136K across 2 grants in 2025 (avg $68K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $136,216
- -64.8% vs 2024
- Grants made (2025)
- 2
- -66.7% vs 2024
- Average grant
- $68,108
- +5.5% vs 2024
- Median grant
- $68,108
- Primary geography
- Texas (83% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Not yet Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Ponheary Ly Foundation ($113K). Together the top 2 received $136K.
Grant Size Distribution
36 grants across all recorded years
The most common grant size was under $50K: 23 grants of 36 (64%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
Cities
How Not yet Foundation gives
- Giving fell 73% from 2022 to 2025. Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $136K (2025) to $701K (2020). In 2025 it made 2 grants totaling $136K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ponheary Ly Foundation Austin, TX | Education | $113,216 |
| Water 1ST International Seattle, WA | Safe Water Projects | $23,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | — | $239,027 | $249,060 | $136,216 | 2 | $136,216 | $27 | $21 |
| 2024 | $10,033 | $375,395 | $490,029 | $387,226 | 6 | $387,226 | $395 | $4,379 |
| 2023 | $124,667 | $550,387 | $442,781 | $339,665 | 8 | $339,665 | $387 | $3,747 |
| 2022 | $17,061 | $500,162 | $580,754 | $500,651 | 10 | $500,651 | — | $5,854 |
| 2021 | $97,653 | $475,011 | $389,869 | $321,336 | 10 | $317,258 | — | $5,096 |
| 2020 | $12,511 | $627,641 | $704,220 | $701,213 | 12 | — | $6 | $4,256 |
Under IRS private-foundation payout rules, Not yet Foundation reported a distributable amount of $21 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Not yet Foundation is led by Laura J. Brancato, President on every filing since 2020; 1 of 5 officers listed in 2025 is compensated.
Officers on the 2025 filing
Laura J. Brancato
President
On filings since 2020
15 hrs/week
No compensation reported
Margaret Miller
Director
On filings since 2020
3 hrs/week
No compensation reported
Ian Guenther
Treasurer
On filings since 2021
40 hrs/week
$61K (2021) → $93K (2025)
Barbara A. Peters
Secretary
On filings since 2020
3 hrs/week
No compensation reported
Helene Shenkus
Vice President
On filings since 2020
3 hrs/week
No compensation reported
Former officers (1)
- Former: Sherrilynn L. Borge (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $93K, to Ian Guenther (Treasurer).
Frequently asked questions about Not yet Foundation
How much does Not yet Foundation give each year?
Not yet Foundation gave $136K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $387K across 6 grants.
What is Not yet Foundation?
Not yet Foundation is a private foundation focused on Human Services, based in Issaquah, WA.
Where does Not yet Foundation operate?
Not yet Foundation has awarded grants in California, Hawaii, Idaho, New Mexico, New York, Texas, Washington.
How much is Not yet Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Not yet Foundation reported a distributable amount of $21 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Not yet Foundation's EIN?
Not yet Foundation's EIN (Employer Identification Number) is 45-5472839. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 1, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS June 20, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 29, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Not yet Foundation funds
Human Services Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Not yet Foundation's focus areas in our free grants database
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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Not yet Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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