The Eucalyptus Foundation

SAN FRANCISCO, CA EIN: 94-3148772

The Eucalyptus Foundation is a private family foundation based in San Francisco, California. Established in 1992, the foundation operates with a deliberate informality and maintains a low public profile despite holding substantial financial resources. The foundation is governed by seven officers and trustees and employs one staff member.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$264.9M

+27.0% YoY

Annual Giving

$6.0M

+8.9% YoY

Grant Count

86

+32.3% YoY

Avg Grant Size

$70K

-17.7% YoY

Under IRS private-foundation payout rules, The Eucalyptus Foundation reported a distributable amount of $11.4M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation gives primarily for community development and education. Its funding interests span a diverse range of areas including:

  • K-12 education
  • Arts and culture
  • Environment
  • Economic and community development
  • Children and youth
  • Economically disadvantaged and low-income people
  • Human services
  • Family and child welfare
  • Music
  • Human rights and global security

Grantmaking

The Eucalyptus Foundation makes grants to support both specific projects and general operating costs.

Grant Range

approximately $23,000 to $40,000

Average Grant

approximately $84,000 to $87,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated primarily in California, though it supports organizations across multiple states. Primary funding regions include California, Colorado, and New York, which account for approximately 84% of all grants. The foundation has extended grants to organizations in at least 12 states and has made one-off grants to organizations in locations including Illinois and Chile.

Grant Distribution by State

16states
+8 more states

Cities

ArlingtonArvadaAustinBerkeleyCastle RockChicagoCollege ParkDenverE Palo AltoEast Palo AltoGrand JunctionHagerstownHalf Moon BayHomewoodLafayetteLos AngelesMenlo ParkMercedMiddleburyMonterey

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (as of 2024):

  • Total assets: $264.9 million
  • Total revenues: $39.6 million to $165.6 million (figures vary by source)
  • Total expenses: $6.9 million
  • Annual giving: $6.0 million
  • Giving rate: 2.3% of assets

Historical Growth:

  • Total assets have grown from $33.3 million in 2011 to $264.9 million in 2024
  • Annual giving has grown from $6.1 million in 2021 to $9.8 million in 2022

Tax Status:

  • 501(c)(3) organization
  • EIN: 94-3148772
  • IRS ruling year: 1992
  • Contributions are tax-deductible
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$42M$85M$127M$169M2021202220232024
Metric202420232022
Total Assets$264,885,930$208,500,154$60,537,251
Revenue$39,571,017$153,805,670$5,299,375
Expenses$6,908,576$6,103,722$5,144,490
Qualifying Distributions$6,192,712$5,647,125$4,948,925
Net Investment Income$12,009,048$2,788,620$5,160,964
Distributable Amount$11,352,242$6,768,555$3,609,235

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M67 grants202158 grants202265 grants202386 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ENVIRONMENTAL DEFENSE$500KEXPLORATORIUM - STABILIT…$500KFRED HUTCHINSON CANCER C…$500KMIDDLEBURY COLLEGE - MID…$500KKICKSTART INTERNATIONAL$250KAMERICAN ASSOCIATION FOR…$250KAMERICAN PHYSICAL SOCIETY$217KBULAMU HEALTHCARE$200KINTERNATIONAL FESTIVAL O…$200KAMERICAN ASSOCIATION FOR…$195K

Grant Size Distribution

200 grants across all recorded years

103<$50K34$50–100K36$100–250K17$250–500K10$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Environmental Defense ($500,000), Exploratorium - Stability & Revitalization Fund ($500,000), Fred Hutchinson Cancer Center ($500,000).

RecipientPurposeAmount
ACCESS BOOKS LOS ANGELES, CAASSEMBLY SUPPORT$5,000
ACHIEVE TAHOE TRUCKEE, CAGENERAL OPERATING SUPPORT$1,000
AIM HIGH SAN FRANCISCO, CASUMMER LEARNING EXPERIENCE PROGRAM$75,000
AMERICAN ACADEMY OF OPHTHALMOLOGY FOUNDATION SAN FRANCISCO, CAPARKE CENTER CAMPAIGN$1,500
AMERICAN ASSOCIATION FOR THE ADVANCEMENT OF SCIENCE WASHINGTON, DCSCILINE GEOTARGETING$249,986
AMERICAN ASSOCIATION FOR THE ADVANCEMENT OF SCIENCE WASHINGTON, DCSCIENCE AND TECHNOLOGY FELLOWSHIPS$194,993
AMERICAN PHYSICAL SOCIETY COLLEGE PARK, MDPYSICSQUEST PROGRAM$217,000
ANIMAL RESCUE FOUNDATION WALNUT CREEK, CAGENERAL OPERATING SUPPORT$3,000
ART SEED SAN FRANCISCO, CAGENERAL OPERATING SUPPORT$2,500
BAY AREA RAINBOW SYMPHONY SAN FRANCISCO, CAGENERAL OPERATING SUPPORT$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Gordon T. Geballe — President and Director
  • Alison F. Geballe — Vice President, Director, and Chief Financial Officer
  • Adam P. Geballe — Vice President and Director
  • Stephen Schwarz — Secretary and Director (receives modest compensation for his role)
  • Richard Horan — Director of Grants
  • Jeffrey Dolan — Chief Financial Officer

The foundation's leadership is largely composed of the Geballe family. Gordon T. Geballe is a son of Frances Koshland Geballe and grandson of Daniel Koshland Sr., who helped build Levi Strauss into a multi-billion dollar company and was involved in the creation of the Levi Strauss and San Francisco Foundations. Most directors serve without compensation.

Compensation Overview

From 2024 IRS filing

STEPHEN SCHWARZSECRETARY, DIRECTOR$13K

From 2024 filing

NameTitleHoursCompensation
GORDON T GEBALLEPRESIDENT, DIRECTOR1
ALISON F GEBALLEVICE PRES.,DIRECTOR1.25
ADAM P GEBALLEVICE PRESIDENT, DIRECTOR0.75
STEPHEN SCHWARZSECRETARY, DIRECTOR4$13,400
JENNIFER G NORMANDIRECTOR0.75

Recent News & Activity

Recent developments and announcements

2020

The foundation supported PhysicsQuest's expansion into online programming, as noted in a 2020 publication by the American Physical Society.

PhysicsQuest Expands Online with Help from the Eucalyptus Foundation

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Eucalyptus Foundation fund?

The foundation gives primarily for community development and education. Its funding interests span a diverse range of areas including: • K-12 education • Arts and culture • Environment • Economic and community development • Children and youth • Economically disadvantaged and low-income people • Human services • Family and child welfare • Music • Human rights and global security

How do I apply for a grant from The Eucalyptus Foundation?

The Eucalyptus Foundation makes grants to support both specific projects and general operating costs. **Grant Activity:** • Annual giving ranges from approximately $4.8 million to $6.0 million • Grant amounts typically range from $1,000 to $500,000 • Median grant size: approximately $23,000 to $40,000 • Average grant size: approximately $84,000 to $87,000 • The foundation has made 183 grants totaling $15.9 million according to available records **Recent Grants (2024):** • Fred Hutch Cancer Cent…

Where does The Eucalyptus Foundation make grants?

The foundation's grantmaking is concentrated primarily in California, though it supports organizations across multiple states. Primary funding regions include California, Colorado, and New York, which account for approximately 84% of all grants. The foundation has extended grants to organizations in at least 12 states and has made one-off grants to organizations in locations including Illinois and Chile.

What size grants does The Eucalyptus Foundation award?

In 2024, The Eucalyptus Foundation awarded 86 grants totaling $6.0M — an average of about $70K per grant, based on its IRS Form 990 filings.

How much is The Eucalyptus Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Eucalyptus Foundation reported a distributable amount of $11.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Eucalyptus Foundation's EIN?

The Eucalyptus Foundation's EIN (Employer Identification Number) is 94-3148772. IRS Form 990 filing data is available on this page for 2021–2024.

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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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