The Probst Family Foundation
The Probst Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HILLSBOROUGH, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $8.1M in total assets. In 2025, it awarded 6 grants totaling $251K. Net investment income was $38K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$8.1M
+5.9% YoY
Annual Giving
$251K
-35.3% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$42K
-56.8% YoY
Under IRS private-foundation payout rules, The Probst Family Foundation reported a distributable amount of $386K for 2025 — the minimum it must pay out in qualifying distributions.
About The Probst Family Foundation
Based on IRS filings
The Probst Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HILLSBOROUGH, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $8.1M in total assets. In 2025, it awarded 6 grants totaling $251K. Net investment income was $38K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $8,092,611 | $7,643,693 | $6,439,326 |
| Revenue | $84,711 | $92,639 | $124,431 |
| Expenses | $298,635 | $424,505 | $531,927 |
| Qualifying Distributions | $251,264 | $388,184 | $447,992 |
| Net Investment Income | $38,335 | $57,164 | $41,101 |
| Distributable Amount | $386,175 | $339,471 | $297,499 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include United States Olympic and Paralympic Committee ($101,669), V Foundation ($101,668), Higher Ground Sun Valley Inc ($22,593).
| Recipient | Purpose | Amount |
|---|---|---|
| HIGHER GROUND SUN VALLEY INC KETCHUM, ID | TO ENCHANCE QUALITY OF LIFE THROUGH THERAPEUTIC RECREATION AND EDUCATION | $22,593 |
| KUKIO HOOMANA FUND KAILUAKONA, HI | TO FOSTER A THRIVING AND RESILIENT HAWAI'I ISLAND COMMUNITY | $5,000 |
| MILLS-PENINSULA HOSPITAL FOUNDATION SACRAMENTO, CA | TO SERVE THE COMMUNITY BY ENCOURAGING FINANCIAL SUPPORT FOR QUALITY HEALTH CARE | $10,167 |
| THE LIAHONA MOTU FOUNDATION REDWOOD CITY, CA | TO EMPOWER HIGH SCHOOL STUDENTS TO STRIVE FOR GREATNESS | $10,167 |
| UNITED STATES OLYMPIC AND PARALYMPIC COMMITTEE COLORADO SPRINGS, CO | TO GENERATE SUPPORT FOR THE BENEFIT OF THE USOPC AND ITS ATHELETES | $101,669 |
| V FOUNDATION CARY, NC | TO SUPPORT CANCER RESEARCH | $101,668 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAWRENCE F PROBST III | TRUSTEE | 1 | — |
| NANCY K PROBST | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Probst Family Foundation?
The Probst Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HILLSBOROUGH, CA. It holds $8.1M in total assets as of 2025.
How large is The Probst Family Foundation?
As of 2025, The Probst Family Foundation holds $8.1M in total assets with $85K in annual revenue. It awarded 6 grants totaling $251K in 2025.
Where does The Probst Family Foundation operate?
The Probst Family Foundation has awarded grants in California, Colorado, Hawaii, Idaho, North Carolina.
What size grants does The Probst Family Foundation award?
In 2025, The Probst Family Foundation awarded 6 grants totaling $251K — an average of about $42K per grant, based on its IRS Form 990 filings.
How much is The Probst Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Probst Family Foundation reported a distributable amount of $386K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Probst Family Foundation's EIN?
The Probst Family Foundation's EIN (Employer Identification Number) is 91-6566886. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in The Probst Family 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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