The Thomas and Stacey Siebel
The Thomas and Stacey Siebel Foundation is a private grantmaking foundation established in 1996 and based in Redwood City, California. The foundation was founded by Thomas M. Siebel, the founder and former Chairman of Siebel Systems (a software company specializing in customer service applications that was sold to Oracle Corporation in 2005), and his wife Stacey Siebel. Thomas M. Siebel currently serves as Chairman of First Virtual Group, a diversified holding company.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$69.9M
-40.2% YoY
Annual Giving
$56.0M
+796.2% YoY
Grant Count
22
-4.3% YoY
Avg Grant Size
$2.5M
+837.0% YoY
Under IRS private-foundation payout rules, The Thomas and Stacey Siebel reported a distributable amount of $4.4M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to support projects and organizations that work to improve the quality of life, environment, and education of community members. Primary giving focuses on:
- The Salvation Army
- Land conservation
- Children's scholarships and services
- Economic, educational, public health, and environmental initiatives
Grantmaking
The foundation's most prominent initiative is the Siebel Scholars program, established in 2000. The program recognizes exceptional graduate students in three disciplines:
Grant Range
** $5,000 - $1,000,000
Invitation Only
** The foundation does not accept unsolicited grant applications and operates through trustee discretion and invitation only
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Geographic Focus
Where this funder awards grants
The foundation supports initiatives nationally and internationally, with primary focus on U.S. universities and institutions in China, France, Italy, and Japan. Grantmaking extends to major U.S. cities including New York, San Francisco, and Washington, D.C.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Data (2023-2024):
- Total Assets: $116.8 million - $117 million
- Total Revenue: $5.4 million - $10.2 million
- Total Expenses: $7.39 million - $57.1 million
- Annual Grants Distributed: $6.2 million - $14.2 million
- Number of Employees: 0
Tax Status:
- 501(c)(3) private foundation
- Tax-exempt since October 1997
- EIN: 94-3256331
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $69,890,219 | $116,780,977 | $114,993,885 |
| Revenue | $10,241,925 | $5,396,362 | $5,871,710 |
| Expenses | $57,108,769 | $7,394,501 | $8,422,267 |
| Qualifying Distributions | $56,128,508 | $6,500,816 | $7,511,959 |
| Net Investment Income | $6,737,291 | $4,189,429 | $4,230,266 |
| Distributable Amount | $4,443,459 | $5,657,127 | $5,924,251 |
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
123 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Illinois Fdn ($50,000,000), Salvation Army - Helena Mt ($1,000,000), Salvation Army - San Francisco ($1,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF ILLINOIS FDN CHICAGO, IL | TO SUPPORT GENERAL OPERATIONS | $50,000,000 |
| CHILDREN'S HEALTH COUNCIL PALO ALTO, CA | TO SUPPORT GENERAL OPERATIONS | $10,000 |
| AOPA FOUNDATION FREDERICK, MD | TO SUPPORT GENERAL OPERATIONS | $132,000 |
| IAC CHAPTER 38 OSHKOSH, WI | TO SUPPORT GENERAL OPERATIONS | $1,000 |
| AMERICAN ACADEMY OF ARTS & SCIENCES CAMBRIDGE, MA | TO SUPPORT GENERAL OPERATIONS | $100,000 |
| AUGUSTA VOLUNTEER AMBULANCE SERVICES AUGUSTA, MT | TO ASSIST IN PROVIDING EMERGENCY SERVICES | $15,000 |
| AUGUSTA VOLUNTEER FIRE DEPARTMENT AUGUSTA, MT | TO ASSIST IN PROVIDING EMERGENCY SERVICES | $25,000 |
| BOB HOOVER ACADEMY SALINAS, CA | TO SUPPORT GENERAL OPERATIONS | $320,000 |
| CTETA LTD THE HORSE PARK AT WOODSIDE REDWOOD CITY, CA | TO SUPPORT GENERAL OPERATIONS | $10,000 |
| HOOVER INSTITUTION STANFORD, CA | TO SUPPORT GENERAL OPERATIONS | $200,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Thomas M. Siebel – President
- Stacey Siebel – Secretary, Chief Financial Officer, and Treasurer
- Jennifer Stern – Director
Leadership team members do not receive compensation for their roles.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS M SIEBEL | PRESIDENT | 1 | — |
| STACEY SIEBEL | SECRETARY/CFO/TREASURER | 1 | — |
Recent News & Activity
Recent developments and announcements
The Siebel Scholars program continues to announce annual cohorts of selected scholars. Recent announcements include the Class of 2026, with multiple graduate students from leading institutions including Carnegie Mellon University and Princeton University named as recipients. The foundation also made a significant $50 million commitment to the University of Illinois Foundation in 2024 to support general operations, reflecting ongoing investment in computer science education and research.
Siebel Scholars Foundation Announces Class of 2026 - Business WireSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Thomas and Stacey Siebel fund?
The foundation's mission is to support projects and organizations that work to improve the quality of life, environment, and education of community members. Primary giving focuses on: • The Salvation Army • Land conservation • Children's scholarships and services • Economic, educational, public health, and environmental initiatives
How do I apply for a grant from The Thomas and Stacey Siebel?
• **Grant Range:** $5,000 - $1,000,000 • **Annual Giving:** Approximately $6.2 million (2023) • **Median Grant Size:** $100,000 • **Application Process:** The foundation does not accept unsolicited grant applications and operates through trustee discretion and invitation only The foundation's most prominent initiative is the Siebel Scholars program, established in 2000. The program recognizes exceptional graduate students in three disciplines: • Computer science • Bioengineering • Business (MBA…
Where does The Thomas and Stacey Siebel make grants?
The foundation supports initiatives nationally and internationally, with primary focus on U.S. universities and institutions in China, France, Italy, and Japan. Grantmaking extends to major U.S. cities including New York, San Francisco, and Washington, D.C.
What size grants does The Thomas and Stacey Siebel award?
In 2024, The Thomas and Stacey Siebel awarded 22 grants totaling $56.0M — an average of about $2.5M per grant, based on its IRS Form 990 filings.
How much is The Thomas and Stacey Siebel required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Thomas and Stacey Siebel reported a distributable amount of $4.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Thomas and Stacey Siebel's EIN?
The Thomas and Stacey Siebel's EIN (Employer Identification Number) is 94-3256331. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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