The Macrae Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MERCER ISLAND, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 18 grants totaling $122K. Net investment income was $66K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.1M
-2.8% YoY
Annual Giving
$122K
+0.8% YoY
Grant Count
18
+20.0% YoY
Avg Grant Size
$7K
-16.0% YoY
Under IRS private-foundation payout rules, The Macrae Foundation reported a distributable amount of $122K for 2024 — the minimum it must pay out in qualifying distributions.
About The Macrae Foundation
Based on IRS filings
The Macrae Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MERCER ISLAND, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 18 grants totaling $122K. Net investment income was $66K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,068,376 | $2,127,139 | $2,210,512 |
| Revenue | $87,560 | $59,307 | $61,683 |
| Expenses | $146,078 | $142,965 | $145,142 |
| Qualifying Distributions | $123,776 | $122,500 | $122,895 |
| Net Investment Income | $66,183 | $62,378 | $39,992 |
| Distributable Amount | $122,200 | $112,768 | $117,077 |
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
75 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Three Ring Ranch ($15,500), Mercer Island Youth&family Services ($15,000), George Pocock Rowing Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BAINBRIDGE ISLAND ART MUSEUM BAINBRIDGE ISLAND, WA | SUPPORT ART PROGRAMS AND EXHIBITS | $5,000 |
| CAMP FIRE INLAND NORTHWEST SPOKANE, WA | SUPPORT THE CAMP AND PROGRAMS | $2,000 |
| CANINE COMPANIONS FOR INDEPENDENCE SANTA ROSA, CA | SUPPORT SERVICE DOG TRAINING | $5,000 |
| DUKE UNIVERSITY DURHAM, NC | SUPPORT TRINITY COLLEGE ANNUAL FUND | $5,000 |
| FRIENDS OF FIRCREST SHORELINE, WA | MACRAE THERAPY GARDEN MAINTENANCE | $5,000 |
| GEORGE POCOCK ROWING FOUNDATION SEATTLE, WA | SUPPORT ROWING FUNDRAISING EVENT | $10,000 |
| HAMLIN ROBINSON SCHOOL SEATTLE, WA | SUPPORT SCHOOL ANNUAL FUND | $10,000 |
| MERCER ISLAND HIGH SCHOOL PTSA MERCER ISLAND, WA | SUPPORT COLLEGE AND CAREER READINESS | $5,000 |
| MACAW RESCUE & SANCTUARY CARNATION, WA | SUPPORT RESCUE AND CARE OF PARROTS | $1,000 |
| MERCER ISLAND SCHOOLS FOUNDATION MERCER ISLAND, WA | FALL & SPRING SUPPORT CAMPAIGNS | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROLINE JILL DAVIS | DIRECTOR, PR | — | — |
| LESLEY A POOLE | DIRECTOR, VP | — | — |
| LISSA M TRIPP | DIRECTOR, TR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Macrae Foundation?
The Macrae Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MERCER ISLAND, WA. It holds $2.1M in total assets as of 2024.
How large is The Macrae Foundation?
As of 2024, The Macrae Foundation holds $2.1M in total assets with $88K in annual revenue. It awarded 18 grants totaling $122K in 2024.
Where does The Macrae Foundation operate?
The Macrae Foundation has awarded grants in California, Colorado, Hawaii, North Carolina, Washington.
What size grants does The Macrae Foundation award?
In 2024, The Macrae Foundation awarded 18 grants totaling $122K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Macrae Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Macrae Foundation reported a distributable amount of $122K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Macrae Foundation's EIN?
The Macrae Foundation's EIN (Employer Identification Number) is 91-2001720. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Macrae Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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