Sierra Pine Family Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 87-2620777

Sierra Pine Family Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $15.6M in total assets. In 2024, it awarded 9 grants totaling $266K. Net investment income was $5.9M.

Key facts about Sierra Pine Family Foundation

In short: Sierra Pine Family Foundation gave $266K across 9 grants in 2024 (avg $30K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
87-2620777
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$265,788
Grants made (2024)
9
Average grant
$29,532
Median grant
$20,000
Total assets
$15,600,518
Primary geography
California (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$15.6M

+46.2% YoY

Annual Giving

$266K

+111.3% YoY

Grant Count

9

+800.0% YoY

Avg Grant Size

$30K

-76.5% YoY

Under IRS private-foundation payout rules, Sierra Pine Family Foundation reported a distributable amount of $562K for 2024 — the minimum it must pay out in qualifying distributions.

How Sierra Pine Family Foundation gives

  • In 2024 it paid out 53% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 9 itemized grants.

States

Cities

E Palo AltoLos Altos HlsMenlo ParkMountain ViewPalo AltoSan FranciscoSan JoseWatsonville

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K0 grants2021 1 grant2022 1 grant2023 9 grants2024

From 2022 to 2024, annual grant giving ranged from $1K (2022) to $266K (2024). In 2024 it made 9 grants totaling $266K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Silicon Valley Community Foundation: $101KSilicon Valley CommunityFoundation$101KFoothill-De Anza Community Colleges Foundation: $40KFoothill-De Anza CommunityColleges Foundation$40KSecond Harvest of Silicon Valley: $40KSecond Harvest of SiliconValley$40KEcumenical Hunger Program: $20KEcumenical Hunger Program$20KSan Francisco Food Bank: $20KSan Francisco Food Bank$20KSecond Harvest Food Bank Santa Cruz County: $20KSecond Harvest Food Bank SantaCruz County$20KPalo Alto Community Child Care: $10KPalo Alto Community Child Care$10KRavenswood Education Foundation: $10KRavenswood EducationFoundation$10KRavenswood Youth Athleticassociation Inc: $5KRavenswood YouthAthleticassociation Inc$5K

The largest 2024 recipient was Silicon Valley Community Foundation ($101K). Together the top 9 received $266K.

Grant Size Distribution

11 grants across all recorded years

9<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 11 (82%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Silicon Valley Community Foundation Mountain View, CAArista Foundation$100,788
Foothill-De Anza Community Colleges Foundation Los Altos HLS, CAGeneral & Unrestricted$40,000
Second Harvest of Silicon Valley San Jose, CAGeneral & Unrestricted$40,000
Ecumenical Hunger Program E Palo Alto, CAGeneral & Unrestricted$20,000
San Francisco Food Bank San Francisco, CAGeneral & Unrestricted$20,000
Second Harvest Food Bank Santa Cruz County Watsonville, CAGeneral & Unrestricted$20,000
Palo Alto Community Child Care Palo Alto, CAGeneral & Unrestricted$10,000
Ravenswood Education Foundation Menlo Park, CAGeneral & Unrestricted$10,000
Ravenswood Youth Athleticassociation Inc E Palo Alto, CAGeneral & Unrestricted$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2021 2022 2023 2024
Metric202420232022
Total Assets$15,600,518$10,671,727$5,875,335
Revenue$5,306,196$5,007,820$1,624,755
Expenses$377,405$211,428$39,915
Qualifying Distributions$300,024$153,041$18,615
Net Investment Income$5,934,889$3,038,694$3,232,109
Distributable Amount$561,980$289,608$147,276

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Sierra Pine Family Foundation is led by Lisa Forssell, Director & President on every filing since 2021; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Lisa Forssell

    Director & President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Hugh Holbrook

    Director, Secretary & Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Sierra Pine Family Foundation

How much does Sierra Pine Family Foundation give each year?

Sierra Pine Family Foundation gave $266K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $126K across 1 grant.

What is Sierra Pine Family Foundation's typical grant size?

Sierra Pine Family Foundation's median grant in 2024 was $20,000, and its average grant was $29,532, across 9 grants on its 2024 IRS Form 990-PF.

Where does Sierra Pine Family Foundation give grants?

Sierra Pine Family Foundation gives mostly in California: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were E Palo Alto, CA (2 grants).

Does Sierra Pine Family Foundation give general operating support?

Yes: 89% of Sierra Pine Family Foundation's 2024 grants with a stated purpose (8 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Sierra Pine Family Foundation's largest grantees?

Sierra Pine Family Foundation's largest 2024 grantees include Silicon Valley Community Foundation ($100,788), Foothill-De Anza Community Colleges Foundation ($40,000) and Second Harvest of Silicon Valley ($40,000), according to its 2024 IRS Form 990-PF. Together they received 68% of its itemized 2024 grant dollars.

How large is Sierra Pine Family Foundation?

Sierra Pine Family Foundation reported $15.6M in total assets on its 2024 IRS Form 990-PF. It paid out $300K in qualifying distributions that year, against a required minimum of $562K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Sierra Pine Family Foundation's EIN?

Sierra Pine Family Foundation's EIN (Employer Identification Number) is 87-2620777. IRS Form 990 filing data is available on this page for 2021–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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