The Pine Tree Foundation Inc

Private foundation · Grantmaker Indianapolis, IN EIN: 35-2114636

The Pine Tree Foundation Inc is a private foundation based in Indianapolis, Indiana. Its 2025 filing describes charitable activity as distributions to the general funds of charitable organizations described by Section 170(c)(2) of the Internal Revenue Code.

The Pine Tree Foundation Inc at a glance

In short: The Pine Tree Foundation Inc gave $26K across 16 grants in 2025 (avg $2K), top state Indiana. 50% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$26,400
-21.2% vs 2024
Grants made (2025)
16
+45.5% vs 2024
Average grant
$1,650
-45.8% vs 2024
Median grant
$1,650
Total assets
$279,540
-6.3% vs 2024
New grantees (estimate)
50% first-time grantees (8 of 16, 2025; small sample)
Primary geography
Indiana (31% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Pine Tree Foundation Inc

How to Apply

The filing lists no application form or materials, deadline, or award restrictions. It says the foundation does not restrict giving to preselected organizations.

Contact

Application contact: Needham R Hurst
Mailing address: 770 West 79Th Street, Indianapolis, IN 46260
Phone: (317) 373-6879

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Pine Tree Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Student Diplomacy Corp: $3KStudent Diplomacy Corp$3KUkrainian Freedom Fund: $3KUkrainian Freedom Fund$3KOrchard School: $2KOrchard School$2KWawasee Area Conservancy Foundation: $2KWawasee Area ConservancyFoundation$2KThe Ramp Less Traveled Inc: $2KThe Ramp Less Traveled Inc$2KY2Y Network Inc: $2KY2Y Network Inc$2KZionsville Presbyterian Church: $2KZionsville Presbyterian Church$2KNational Center for the Disabled: $2KNational Center for theDisabled$2KInternational Rescue Committee: $2KInternational Rescue Committee$2KThe Women's Safe House: $2KThe Women's Safe House$2K

The largest 2025 recipient was Student Diplomacy Corp ($3K). Together the top 10 received $21K.

Organizations only. It also paid 1 grant to individuals ($500), which are not listed by name.

Grant Size Distribution

70 grants across all recorded years

70<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 70 grants of 70 (100%).

Geographic Focus

Where this funder awards grants

The 2025 grants went to recipients in multiple states. The filing reports that Indiana received 31% of grant dollars, and New York, Colorado, and Wyoming each received 12%; Massachusetts received 6%.

Grant Distribution by State

13states

Share of 2025 grant dollars across all 16 itemized grants.

Cities

IndianapolisNew YorkCambridgeSyracuseSt. LouisCarmelAlbert LeaWinter ParkDenverLongmontWashingtonZionsvilleAftonAtlantaAustinBloomingtonBooneChesterfieldLake ForestMaryland Heights

Is The Pine Tree Foundation Inc open to new grantees?

50%

first-time grantees, 2025

In 2025, 8 of 16 grantees (50%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $1K; repeat grants $2K. How we count

Medians: $2K first-time, $2K repeat.

  • 38% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+10%). Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K11 grants2019 12 grants2020 17 grants2021 16 grants2022 10 grants2023 11 grants2024 16 grants2025

From 2019 to 2025, annual grant giving ranged from $18K (2020) to $34K (2024). In 2025 it made 16 grants totaling $26K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Student Diplomacy Corp New York, NYGeneral Fund$3,300
Ukrainian Freedom Fund Afton, WYGeneral Fund$3,300
Orchard School Indianapolis, INGeneral Fund$2,150
Wawasee Area Conservancy Foundation Syracuse, INGeneral Fund$1,950
The Ramp Less Traveled Inc Indianapolis, INGeneral Fund$1,650
Y2Y Network Inc Cambridge, MAGeneral Fund$1,650
Zionsville Presbyterian Church Zionsville, INGeneral Fund$1,650
National Center for the Disabled Winter Park, COGeneral Fund$1,650
International Rescue Committee Albert Lea, MNGeneral Fund$1,650
The Women's Safe House St. Louis, MOGeneral Fund$1,650
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$279,540$11,689$30,403$26,40016$28,010$13,341$1,130
2024$298,254$34,799$34,135$33,50011$33,500$34,164$31,555
2023$297,590$29,334$30,466$26,50010$27,855$27,212$24,346
2022$298,722$52,612$27,324$24,00016$24,200$51,405$22,632
2021$273,434$68,847$24,908$24,00017$24,000$67,939$22,499
2020$231,497$-10,102$18,832$18,20012—$10,773$16,805
2019$260,431$9,931$25,653$22,00011—$7,331$16,650

Under IRS private-foundation payout rules, The Pine Tree Foundation Inc reported a distributable amount of $1K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No separate mission statement for the foundation is provided. Its 2025 grants went to organizations with varied activities. For example, Wawasee Area Conservancy Foundation describes its mission as preserving and enhancing the Wawasee watershed. The Women’s Safe House says it works to help women and families rebuild their lives free of domestic abuse, while Y2Y Network describes student-led programming to interrupt youth homelessness. Holliday Park Foundation says it works to preserve and maintain Holliday Park for recreation and the study of nature; Graland Country Day School describes a mission focused on intellectual excellence, character, arts and athletics, and preparing students to be engaged citizens and thoughtful leaders.

Grantmaking

In 2025, the foundation made 16 grants totaling $26,400. Grants ranged from $500 to $3,300, with a median grant of $1,650. The largest grants included $3,300 each to Student Diplomacy Corp and Ukrainian Freedom Fund; $2,150 to Orchard School; and $1,950 to Wawasee Area Conservancy Foundation. Other listed grants included $1,650 each to The Ramp Less Traveled, Y2Y Network, Zionsville Presbyterian Church, National Center for the Disabled, International Rescue Committee, The Women’s Safe House, Samaritan’s Purse, and WISE.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Catherine Hurst as director and Needham R. Hurst as president and director.

The Pine Tree Foundation Inc is led by Needham R. Hurst, President & Director on every filing since 2019; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Needham R. Hurst

    President & Director

    On filings since 2019

    No compensation reported

  • Catherine Hurst

    Director

    On filings since 2019

    No compensation reported

Former officers (1)
  • Former: Mary Louise Hurst (2019–2024) — Secretary, Treasurer & Director

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 Pine Tree Foundation Inc

How much does The Pine Tree Foundation Inc give each year?

The Pine Tree Foundation Inc gave $26K across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $34K across 11 grants.

What is The Pine Tree Foundation Inc's typical grant size?

The Pine Tree Foundation Inc's median grant in 2025 was $1,650, and its average grant was $1,650, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Pine Tree Foundation Inc that year got $1K on average.

Where does The Pine Tree Foundation Inc give grants?

The Pine Tree Foundation Inc's top state is Indiana, with 31% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New York (13%) and Colorado (13%). The most frequent recipient cities were Indianapolis, IN (3 grants).

Does The Pine Tree Foundation Inc give general operating support?

Yes: 100% of The Pine Tree Foundation Inc's 2025 grants with a stated purpose (16 of 16) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Pine Tree Foundation Inc's largest grantees?

The Pine Tree Foundation Inc's largest 2025 grantees include Student Diplomacy Corp ($3,300), Ukrainian Freedom Fund ($3,300) and Orchard School ($2,150), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($500), which are not listed by name. Together they received 33% of its itemized 2025 grant dollars.

How large is The Pine Tree Foundation Inc?

The Pine Tree Foundation Inc reported $280K in total assets on its 2025 IRS Form 990-PF. It paid out $28K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).

What does The Pine Tree Foundation Inc fund?

No separate mission statement for the foundation is provided. Its 2025 grants went to organizations with varied activities. For example, Wawasee Area Conservancy Foundation describes its mission as preserving and enhancing the Wawasee watershed. See mission & focus areas ↑

How do I apply for a grant from The Pine Tree Foundation Inc?

The filing lists no application form or materials, deadline, or award restrictions. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Pine Tree Foundation Inc's EIN?

The Pine Tree Foundation Inc's EIN (Employer Identification Number) is 35-2114636. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(7)

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 2025 (received by the IRS May 14, 2026)
  3. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 3, 2021)
  4. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 4, 2022)
  5. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
  6. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 2, 2024)
  7. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Pine Tree Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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