The Giving Tree Foundation

Foundation · Grantmaker Wilmington, DE EIN: 26-0379056

The Giving Tree Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $449K in total assets. In 2025, it awarded 6 grants totaling $68K. Net investment income was $39K.

Key facts about The Giving Tree Foundation

In short: The Giving Tree Foundation gave $68K across 6 grants in 2025 (avg $11K), mostly in U.S. Virgin Islands. Source: 2025 IRS Form 990-PF.

EIN
26-0379056
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$68,300
Grants made (2025)
6
Average grant
$11,383
Median grant
$10,000
Total assets
$449,494
Primary geography
U.S. Virgin Islands (80% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$449K

-10.0% YoY

Annual Giving

$68K

+40.8% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$11K

-6.2% YoY

Under IRS private-foundation payout rules, The Giving Tree Foundation reported a distributable amount of $24K for 2025 — the minimum it must pay out in qualifying distributions.

How The Giving Tree Foundation gives

  • Giving held roughly steady from 2022 to 2025 (−7%). Method
  • In 2025 it paid out 307% of its IRS minimum distribution (the 5% rule). 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

9states

Share of all 6 itemized 2025 grant dollars.

Cities

St JohnNewtown SQExtonWest ChesterBlacksburgBooneCincinnatiCoatesvilleElkins ParkNew YorkNorwalkPhiladelphiaSoutheasternWashingtonWilmingtonWynnewood

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K5 grants20194 grants20205 grants20218 grants20228 grants20234 grants20246 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Gifft Hill School: $49K across 3 grantsGifft Hill School$49K · 3 grantsVirginia Tech Foundation Inc: $10KVirginia Tech Foundation Inc$10KIsland Green Building Association: $5KIsland Green BuildingAssociation$5KFairfield Countys Community Foundation Inc: $4KFairfield Countys CommunityFoundation Inc$4K

Grant Size Distribution

31 grants across all recorded years

31<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
GIFFT HILL SCHOOL St John, VIGifft Hill Scholarship fund$20,300
GIFFT HILL SCHOOL St John, VIGiving Tree Scholarship Fund$19,000
GIFFT HILL SCHOOL St John, VIE. E. Ford Fund$10,000
VIRGINIA TECH FOUNDATION INC Blacksburg, VAVirginia Tech Corps of Cadets Commandant's Priorities Fund$10,000
ISLAND GREEN BUILDING ASSOCIATION St John, VISustain Recycling Program$5,000
FAIRFIELD COUNTYS COMMUNITY FOUNDATION INC Norwalk, CTReagan Sloane Shanley Fund$4,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2019202020212022202320242025
Metric202520242023
Total Assets$449,494$499,396$541,251
Revenue$28,643$16,018$25,814
Expenses$78,545$57,873$58,322
Qualifying Distributions$75,071$55,125$55,775
Net Investment Income$38,724$105,612$49,467
Distributable Amount$24,476$23,782$22,298

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 30, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 29, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 7, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 23, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 18, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 3, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

The Giving Tree Foundation is led by Karen A Thurman, President, Director & Secretary on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Karen A Thurman

    President, Director & Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kaitlin Leigh Barry

    Vice President & Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kelly Ann Thurman Luciano

    Vice President & Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Kyle Joseph Thurman

    Vice President & Director

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 The Giving Tree Foundation

How much does The Giving Tree Foundation give each year?

The Giving Tree Foundation gave $68K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $49K across 4 grants.

What is The Giving Tree Foundation's typical grant size?

The Giving Tree Foundation's median grant in 2025 was $10,000, and its average grant was $11,383, across 6 grants on its 2025 IRS Form 990-PF.

Where does The Giving Tree Foundation give grants?

The Giving Tree Foundation gives mostly in U.S. Virgin Islands: 80% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Virginia (15%) and Connecticut (6%). The most frequent recipient cities were St John, VI (4 grants).

Does The Giving Tree Foundation give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on The Giving Tree Foundation's 2025 IRS Form 990-PF were described as general or operating support.

Who are The Giving Tree Foundation's largest grantees?

The Giving Tree Foundation's largest 2025 grantees include Gifft Hill School ($49,300 across 3 grants), Virginia Tech Foundation Inc ($10,000) and Island Green Building Association ($5,000), according to its 2025 IRS Form 990-PF. Together they received 94% of its itemized 2025 grant dollars.

How large is The Giving Tree Foundation?

The Giving Tree Foundation reported $449K in total assets on its 2025 IRS Form 990-PF. It paid out $75K in qualifying distributions that year, against a required minimum of $24K (roughly 5% of its investment assets).

What is The Giving Tree Foundation?

The Giving Tree Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $449K in total assets as of 2025.

What is The Giving Tree Foundation's EIN?

The Giving Tree Foundation's EIN (Employer Identification Number) is 26-0379056. IRS Form 990 filing data is available on this page for 2019–2025.

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

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