The Pine Tree Foundation Inc

INDIANAPOLIS, IN EIN: 35-2114636

The Pine Tree Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $298K in total assets. In 2024, it awarded 11 grants totaling $34K. Net investment income was $34K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$298K

+0.2% YoY

Annual Giving

$34K

+26.4% YoY

Grant Count

11

+10.0% YoY

Avg Grant Size

$3K

+14.9% YoY

Under IRS private-foundation payout rules, The Pine Tree Foundation Inc reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.

About The Pine Tree Foundation Inc

Based on IRS filings

The Pine Tree Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $298K in total assets. In 2024, it awarded 11 grants totaling $34K. Net investment income was $34K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states
+3 more states

Cities

Albert LeaAtlantaAustinBloomingtonCambridgeCarmelChesterfieldDenverIndianapolisLongmontMaryland HeightsNew YorkPittsburghSan FranciscoSeal BeachSt LouisSyracuseWashingtonWinter ParkZionsville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$19K$38K$57K$76K201920202021202220232024
Metric202420232022
Total Assets$298,254$297,590$298,722
Revenue$34,799$29,334$52,612
Expenses$34,135$30,466$27,324
Qualifying Distributions$33,500$27,855$24,200
Net Investment Income$34,164$27,212$51,405
Distributable Amount$31,555$24,346$22,632

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$17K$25K$34K11 grants201912 grants202017 grants202116 grants202210 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HOLLIDAY PARK FOUNDATION$17KSTUDENT DIPLOMACY CORP$4KLIBERTY UKRAINE FOUNDATION$3KTHE RAMP LESS TRAVELED INC$2KY2Y NETWORK INC$2KZIONSVILLE PRESBYTERIAN …$2KAMERICAN CANCER SOCIETY …$2KNATIONAL SPORTS CENTER F…$1KSYRACUSE-WAWASEE PARK FO…$750CIRCLE CITY FELLOWS INC$500

Grant Size Distribution

66 grants across all recorded years

66<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Holliday Park Foundation ($16,750), Student Diplomacy Corp ($4,000), Liberty Ukraine Foundation ($2,500).

RecipientPurposeAmount
CIRCLE CITY FELLOWS INC INDIANAPOLIS, INGENERAL FUND$500
HOLLIDAY PARK FOUNDATION INDIANAPOLIS, INGENERAL FUND$16,750
LIBERTY UKRAINE FOUNDATION AUSTIN, TXGENERAL FUND$2,500
NATIONAL SPORTS CENTER FOR THE DISABLED INC DENVER, COGENERAL FUND$1,000
ORCHARD SCHOOL INDIANAPOLIS, INGENERAL FUND$500
STUDENT DIPLOMACY CORP NEW YORK, NYGENERAL FUND$4,000
SYRACUSE-WAWASEE PARK FOUNDATION I SYRACUSE, INGENERAL FUND$750
THE RAMP LESS TRAVELED INC INDIANAPOLIS, INGENERAL FUND$2,000
Y2Y NETWORK INC CAMBRIDGE, MAGENERAL FUND$2,000
ZIONSVILLE PRESBYTERIAN CHURCH ZIONSVILLE, INGENERAL FUND$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CATHERINE HURSTDIRECTOR
MARY LOUISE HURSTSECRETARY/TREASURER/DIR.
NEEDHAM R HURSTPRESIDENT/DIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Pine Tree Foundation Inc?

The Pine Tree Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIANAPOLIS, IN. It holds $298K in total assets as of 2024.

How large is The Pine Tree Foundation Inc?

As of 2024, The Pine Tree Foundation Inc holds $298K in total assets with $35K in annual revenue. It awarded 11 grants totaling $34K in 2024.

Where does The Pine Tree Foundation Inc operate?

The Pine Tree Foundation Inc has awarded grants in California, Colorado, District of Columbia, Georgia, Indiana, Massachusetts, Minnesota, Missouri, New York, Pennsylvania, Texas.

What size grants does The Pine Tree Foundation Inc award?

In 2024, The Pine Tree Foundation Inc awarded 11 grants totaling $34K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is The Pine Tree Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Pine Tree Foundation Inc reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2019–2024.

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Related Funders

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

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