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Raintree Foundation

Private foundation · Grantmaker Goleta, CA EIN: 77-0359291 Website

Raintree Foundation is a private foundation based in Goleta, California. Its 2024 filing reports 32 grants totaling $1,150,490. The foundation’s website describes an approach centered on the connections between ecology, livelihoods, and communities; its filing says it prefers proposals from an individual recipient County related to education, health care, and youth activities, while considering other proposals on merit.

Raintree Foundation at a glance

In short: Raintree Foundation gave $1.2M across 32 grants in 2024 (avg $36K), mostly in California. 25% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$1,150,490
-5.1% vs 2023
Grants made (2024)
32
+60.0% vs 2023
Average grant
$35,953
-40.7% vs 2023
Median grant
$5,000
Total assets
$6,083,611
+2.9% vs 2023
New grantees (estimate)
25% first-time grantees (8 of 32, 2024)
Primary geography
California (79% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Raintree Foundation

How to Apply

The foundation asks applicants to contact James A. Frank, President/CFO, with a letter including the organization’s exempt status and the social value of the proposed program. It has no deadlines. It prefers proposals within an individual recipient County for programs related to education, health care, and youth activities; it considers other proposals on merit. The foundation states that it does not restrict giving to preselected organizations.

Contact

Application contact: James A Frank Presidentcfo
Mailing address: 1255 Frank Ranch Road, Goleta, CA 93117
Phone: (805) 967-7964
Website: https://theraintree.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Raintree Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

The Regents of the University of California: $305KThe Regents of the Universityof California$305KCalifornia Polytechnic State University Foundation: $300KCalifornia Polytechnic StateUniversity Foundation$300KWashington State University Foundation: $100KWashington State UniversityFoundation$100KGrand Teton Association: $55KGrand Teton Association$55KYosemite Foundation DBA Yosemite Conservancy: $55KYosemite Foundation DBAYosemite Conservancy$55KLos Padres Boy Scouts of America: $52KLos Padres Boy Scouts ofAmerica$52KDirect Relief: $50KDirect Relief$50KGrand Canyon Conservancy: $50KGrand Canyon Conservancy$50KSanta Barbara City College Foundation: $25KSanta Barbara City CollegeFoundation$25KUcsb Foundation: $25KUcsb Foundation$25K

The largest 2024 recipient was The Regents of the University of California ($305K). Together the top 10 received $1.0M.

Grant Size Distribution

162 grants across all recorded years

123<$50K17$50–100K8$100–250K14$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 123 grants of 162 (76%).

Geographic Focus

Where this funder awards grants

The foundation prefers proposals for programs within an individual recipient County, though it considers other proposals on merit. In 2024, 79% of grant dollars went to California recipients, 9% to Washington, 6% each to Wyoming and Arizona, and 1% to Colorado.

Grant Distribution by State

9states

Share of 2024 grant dollars across all 32 itemized grants.

Cities

Santa BarbaraGoletaSan FranciscoJacksonFlagstaffGrand CanyonMoosePullmanSan Luis ObispoLos AltosLos OlivosKeenesburgSan DiegoSanta ClaritaValenciaWashingtonBuelltonDenverLos AngelesMemphis

Is Raintree Foundation open to new grantees?

25%

first-time grantees, 2024

In 2024, 8 of 32 grantees (25%) were first-time recipients. First grants averaged $7K; repeat grants $46K. How we count

Medians: $5K first-time, $8K repeat.

  • 50% of 2024 grantees were also funded in 2023. Method
  • Giving fell 40% from 2021 to 2024. Method
  • In 2024 it paid out 275% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M34 grants2020 43 grants2021 33 grants2022 20 grants2023 32 grants2024

From 2020 to 2024, annual grant giving ranged from $1.2M (2024) to $1.9M (2021). In 2024 it made 32 grants totaling $1.2M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Regents of the University of California Santa Barbara, CAIn Furtherance of Section 501(C)(3) Charitable Purpose$305,000
California Polytechnic State University Foundation San Luis Obispo, CAIn Furtherance of Section 501(C)(3) Charitable Purpose$300,000
Washington State University Foundation Pullman, WAIn Furtherance of Section 501(C)(3) Charitable Purpose$100,000
Grand Teton Association Moose, WYIn Furtherance of Section 501(C)(3) Charitable Purpose$55,000
Yosemite Foundation DBA Yosemite Conservancy San Francisco, CAIn Furtherance of Section 501(C)(3) Charitable Purpose$55,000
Los Padres Boy Scouts of America Santa Barbara, CAIn Furtherance of Section 501(C)(3) Charitable Purpose$51,500
Direct Relief Santa Barbara, CAIn Furtherance of Section 501(C)(3) Charitable Purpose$50,000
Grand Canyon Conservancy Grand Canyon, AZIn Furtherance of Section 501(C)(3) Charitable Purpose$50,000
Santa Barbara City College Foundation Santa Barbara, CAIn Furtherance of Section 501(C)(3) Charitable Purpose$25,000
Ucsb Foundation Santa Barbara, CAIn Furtherance of Section 501(C)(3) Charitable Purpose$25,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$6,083,611$1,444,724$1,271,270$1,150,49032$1,160,077$1,335,631$421,328
2023$5,910,657$12,234$1,335,671$1,212,50020$1,221,983—$400,914
2022$7,234,097$491,153$1,643,019$1,503,50033$1,513,832$379,702$398,403
2021$8,385,968$1,181,664$2,048,108$1,921,50043$1,931,081$1,074,533$556,568
2020$9,252,525$885,203$1,889,217$1,747,37034—$770,112$470,979

Under IRS private-foundation payout rules, Raintree Foundation reported a distributable amount of $421K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s website states its mission is “to build resilient and empowered communities alongside thriving ecosystems.” It describes work involving climate solutions, water and landscape restoration, clean energy, livelihoods, biodiversity, education, and community well-being.

The 2024 grantees include universities and educational organizations, conservation and public-land organizations, and health and humanitarian organizations. For example, Washington State University Foundation says its mission is to promote and steward private support for Washington State University and its regional campuses. Save the Redwoods League says it protects and restores redwood forests and connects people with them. Direct Relief describes its mission as improving the health and lives of people affected by poverty or emergencies. These are the grantees’ stated missions, not stated grantmaking priorities of the foundation.

Grantmaking

In 2024, the foundation made 32 grants totaling $1,150,490. Awards ranged from $500 to $305,000, with a median grant of $5,000. The largest listed awards were $305,000 to The Regents of the University of California (an individual recipient) and $300,000 to California Polytechnic State University Foundation. Other notable grants included $100,000 to Washington State University Foundation, $55,000 each to Grand Teton Association and Yosemite Foundation DBA Yosemite Conservancy, and $50,000 each to Direct Relief and Grand Canyon Conservancy. The listed grant purposes generally state that funds are for furtherance of Section 501(c)(3) charitable purposes.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists James A. Frank as President/CFO, Jessica Frank as Vice President, and Ellicott Million as Secretary. The foundation’s website identifies Leena Dandekar as founder and chairperson and lists Abha Dandekar and Vivek Dandekar as directors.

Raintree Foundation is led by James A. Frank, President & CFO on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • James A. Frank

    President & CFO

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Ellicott Million

    Secretary

    On filings since 2020

    10 hrs/week

    $43K (2020) → $41K (2024)

  • Jessica Frank

    Vice President

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Ellicott Million — Secretary: $41KEllicott MillionSecretary$41K

The highest reported compensation on the 2024 filing was $41K, to Ellicott Million (Secretary).

Frequently asked questions about Raintree Foundation

How much does Raintree Foundation give each year?

Raintree Foundation gave $1.2M across 32 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.2M across 20 grants.

What is Raintree Foundation's typical grant size?

Raintree Foundation's median grant in 2024 was $5,000, and its average grant was $35,953, across 32 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Raintree Foundation that year got $7K on average.

Where does Raintree Foundation give grants?

Raintree Foundation gives mostly in California: 79% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Washington (9%) and Wyoming (6%). The most frequent recipient cities were Santa Barbara, CA (15 grants), Goleta, CA (3 grants), San Francisco, CA (2 grants) and Jackson, WY (2 grants).

Who are Raintree Foundation's largest grantees?

Raintree Foundation's largest 2024 grantees include The Regents of the University of California ($305,000), California Polytechnic State University Foundation ($300,000) and Washington State University Foundation ($100,000), according to its 2024 IRS Form 990-PF. Together they received 61% of its itemized 2024 grant dollars.

How large is Raintree Foundation?

Raintree Foundation reported $6.1M in total assets on its 2024 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $421K (roughly 5% of its investment assets).

What does Raintree Foundation fund?

The foundation’s website states its mission is “to build resilient and empowered communities alongside thriving ecosystems.” It describes work involving climate solutions, water and landscape restoration, clean energy, livelihoods, biodiversity, education, and community well-being. See mission & focus areas ↑

How do I apply for a grant from Raintree Foundation?

The foundation asks applicants to contact James A. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Raintree Foundation's EIN?

Raintree Foundation's EIN (Employer Identification Number) is 77-0359291. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Raintree Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/raintree-foundation-morg_aec5d1a12d2c40d59d397da4059d52c7

BibTeX
@misc{grantable_770359291_2026,
  author       = {{Grantable}},
  title        = {{Raintree Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/raintree-foundation-morg_aec5d1a12d2c40d59d397da4059d52c7},
  note         = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Raintree 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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