Tree of Life Inc
Tree of Life Inc is a private foundation, based in Pfafftown, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $736K in total assets. In 2024, it awarded 4 grants totaling $20K. Net investment income was $7K.
Tree of Life Inc at a glance
In short: Tree of Life Inc gave $20K across 4 grants in 2024 (avg $5K), top state New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $20,000
- Grants made (2024)
- 4
- Average grant
- $5,000
- Median grant
- $5,000
- Total assets
- $735,849
- Primary geography
- New York (25% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Tree of Life Inc funds
How this funder distributes its grants
Grant Size Distribution
17 grants across all recorded years
The most common grant size was under $50K: 17 grants of 17 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
States
Cities
How Tree of Life Inc gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2024 it paid out 185% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $20K (2021) to $58K (2020). In 2024 it made 4 grants totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 4 grants to individuals Recipients not named | — | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $735,849 | $58,262 | $97,428 | $20,000 | 4 | $68,582 | $6,941 | $37,095 |
| 2022 | $785,703 | $-121,145 | $95,515 | $20,000 | 4 | $66,726 | — | $43,769 |
| 2021 | $1,002,363 | $264,766 | $93,695 | $20,000 | 4 | $65,489 | $34,707 | $45,228 |
| 2020 | $831,292 | $29,372 | $132,151 | $57,800 | 5 | — | — | $45,230 |
Under IRS private-foundation payout rules, Tree of Life Inc reported a distributable amount of $37K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Tree of Life Inc is led by Victor Faccinto, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Victor Faccinto
President
On filings since 2020
10 hrs/week
$20K (2020) → $0 (2024)
Laura Lu Hedrick
Secretary
On filings since 2020
No compensation reported
Martine Sherrill
Assistant Secretary
On filings since 2020
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.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $20K, to Victor Faccinto (President).
Frequently asked questions about Tree of Life Inc
How much does Tree of Life Inc give each year?
Tree of Life Inc gave $20K across 4 grants in 2024, according to its 2024 IRS Form 990-PF.
What is Tree of Life Inc's typical grant size?
Tree of Life Inc's median grant in 2024 was $5,000, and its average grant was $5,000, across 4 grants on its 2024 IRS Form 990-PF.
Where does Tree of Life Inc give grants?
Tree of Life Inc's top state is New York, with 25% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (25%) and Texas (25%).
Does Tree of Life Inc give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Tree of Life Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Art Support" (4 grants).
How large is Tree of Life Inc?
Tree of Life Inc reported $736K in total assets on its 2024 IRS Form 990-PF. It paid out $69K in qualifying distributions that year, against a required minimum of $37K (roughly 5% of its investment assets).
What is Tree of Life Inc's EIN?
Tree of Life Inc's EIN (Employer Identification Number) is 56-1955862. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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