Raintree Foundation
The Raintree Foundation is a private family foundation established in 1994, based in Goleta, California. The foundation makes direct cash contributions to charitable, educational, cultural, and social exempt organizations. The foundation's activities consist exclusively of cash contributions to designated non-profit organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.1M
+2.9% YoY
Annual Giving
$1.2M
-5.1% YoY
Grant Count
32
+60.0% YoY
Avg Grant Size
$36K
-40.7% YoY
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.
Mission & Focus Areas
The foundation gives primarily for:
- Education
- Health care
- Youth activities
Grantmaking
The foundation makes direct cash contributions to various charitable, educational, cultural, and social exempt organizations in furtherance of Section 501(c)(3) charitable purposes. The foundation also underwrites expenses for other organizations' fundraising events with cash donations.
Grant Types
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Geographic Focus
Where this funder awards grants
Primary funding activity in California, Wyoming, and Arizona.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $6,083,611
- Total revenues: $1,444,724
- Total expenses: $1,271,270
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,083,611 | $5,910,657 | $7,234,097 |
| Revenue | $1,444,724 | $12,234 | $491,153 |
| Expenses | $1,271,270 | $1,335,671 | $1,643,019 |
| Qualifying Distributions | $1,160,077 | $1,221,983 | $1,513,832 |
| Net Investment Income | $1,335,631 | — | $379,702 |
| Distributable Amount | $421,328 | $400,914 | $398,403 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
162 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Regents of the University of California ($305,000), California Polytechnic State University Foundation ($300,000), Washington State University Foundation ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CALIFORNIA NARCOTIC OFFICERS' ASSOCIATION SANTA CLARITA, CA | IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $5,000 |
| CALIFORNIA POLYTECHNIC STATE UNIVERSITY FOUNDATION SAN LUIS OBISPO, CA | IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $300,000 |
| CHILD ABUSE LISTENING MEDIATION INC SANTA BARBARA, CA | IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $5,000 |
| COMMUNITY FOUNDATION OF JACKSON HOLE JACKSON, WY | IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $5,000 |
| DIRECT RELIEF SANTA BARBARA, CA | IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $50,000 |
| FOODBANK OF SANTA BARBARA COUNTY INC SANTA BARBARA, CA | IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $10,000 |
| GAVIOTA COAST CONSERVANCY GOLETA, CA | IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $5,000 |
| GRAND CANYON CONSERVANCY GRAND CANYON, AZ | IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $50,000 |
| GRAND CANYON YOUTH FLAGSTAFF, AZ | IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $15,000 |
| GRAND TETON ASSOCIATION MOOSE, WY | IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSE | $55,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES A FRANK | PRESIDENT/CFO | 5 | — |
| JESSICA FRANK | VICE PRESIDENT | 2 | — |
| ELLICOTT MILLION | SECRETARY | 10 | $41,000 |
Frequently Asked Questions
What does Raintree Foundation fund?
The foundation gives primarily for: • Education • Health care • Youth activities
How do I apply for a grant from Raintree Foundation?
**Grant Activity:** • Made 42 grants in the most recent reporting period • Total giving: $1,150,490 • Typical award range: $500–$335,500 • Recent notable grant: $300,000 to California Polytechnic State University Foundation (2024) **Grant Types:** The foundation makes direct cash contributions to various charitable, educational, cultural, and social exempt organizations in furtherance of Section 501(c)(3) charitable purposes. The foundation also underwrites expenses for other organizations' fun…
Where does Raintree Foundation make grants?
Primary funding activity in California, Wyoming, and Arizona.
What size grants does Raintree Foundation award?
In 2024, Raintree Foundation awarded 32 grants totaling $1.2M — an average of about $36K per grant, based on its IRS Form 990 filings.
How much is Raintree Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Raintree Foundation reported a distributable amount of $421K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Raintree Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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