The Pacific Treasure Foundation

Foundation · Grantmaker Carlsbad, CA EIN: 84-3533553

The Pacific Treasure Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Carlsbad, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 1 grant totaling $164K.

Key facts about The Pacific Treasure Foundation

In short: The Pacific Treasure Foundation gave $164K across 1 grant in 2024 (avg $164K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
84-3533553
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$163,900
Grants made (2024)
1
Average grant
$163,900
Median grant
$163,900
Total assets
$6,750
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

$7K

-56.0% YoY

Annual Giving

$164K

+34.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$164K

+34.0% YoY

Under IRS private-foundation payout rules, The Pacific Treasure Foundation reported a distributable amount of $484 for 2024 — the minimum it must pay out in qualifying distributions.

How The Pacific Treasure Foundation gives

  • In 2024 it paid out well above 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

3states

Share of all 1 itemized 2024 grant dollars.

Cities

Newport BeachBostonHerndon

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K1 grants20200 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Friends of Newport Harbor LLC: $164KFriends of Newport Harbor LLC$164K

Grant Size Distribution

4 grants across all recorded years

<$50K1$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
FRIENDS OF NEWPORT HARBOR LLC Newport Beach, CAGENERAL SUPPORT$163,900

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K20202021202220232024
Metric202420232022
Total Assets$6,750$15,326$123,343
Revenue$119,450$220,800$482,181
Expenses$173,305$331,859$267,427
Qualifying Distributions$169,625$331,859$267,427
Net Investment Income———
Distributable Amount$484$3,415$705

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Pacific Treasure Foundation is led by Palmer Luckey, President & CEO on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Palmer Luckey

    President & CEO

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joseph Chen

    Director & CFO

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nicole Luckey

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Trevor Capozza

    Chief of Staff

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 The Pacific Treasure Foundation

How much does The Pacific Treasure Foundation give each year?

The Pacific Treasure Foundation gave $164K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $122K across 1 grant.

How large is The Pacific Treasure Foundation?

The Pacific Treasure Foundation reported $7K in total assets on its 2024 IRS Form 990-PF. It paid out $170K in qualifying distributions that year, against a required minimum of $484 (roughly 5% of its investment assets).

What is The Pacific Treasure Foundation?

The Pacific Treasure Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Carlsbad, CA. It holds $7K in total assets as of 2024.

Where does The Pacific Treasure Foundation operate?

The Pacific Treasure Foundation has awarded grants in California, Massachusetts, Virginia.

What is The Pacific Treasure Foundation's EIN?

The Pacific Treasure Foundation's EIN (Employer Identification Number) is 84-3533553. IRS Form 990 filing data is available on this page for 2020–2024.

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

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