Nonprofit · EIN 20-8630809
TISBEST PHILANTHROPY
Tax-exempt · SEATTLE, WA 98108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,793,056 | $8,449,718 | $343,338 | $2,192,711 | $1,848,346 | $344,365 |
| June 30, 2024 | 990 | $9,305,583 | $9,734,144 | -$428,561 | $1,442,915 | $1,441,888 | $1,027 |
| June 30, 2023 | 990 | $9,661,113 | $10,160,183 | -$499,070 | $1,155,772 | $726,184 | $429,588 |
| June 30, 2022 | 990 (amended) | $14,459,218 | $14,260,781 | $198,437 | $1,658,227 | $1,304,124 | $354,103 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,650,888
- Program service revenue
- $75,051
- Investment income
- $67,117
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $7,335,981
- Compensation of officers, directors and key employees
- $195,000
- Other salaries and wages
- $239,921
- Salaries, compensation and benefits (total)
- $490,044
- Professional fundraising fees
- $0
- Legal fees
- $2,448
- Accounting fees
- $124,185
- Occupancy
- $22,656
- Travel
- $237
- Program services (functional)
- $8,088,335
- Management and general (functional)
- $286,893
- Fundraising (functional)
- $74,490
Balance sheet and other
- Total assets, start of year
- $1,442,915
- Total assets, end of year
- $2,192,711
- Total liabilities, end of year
- $1,848,346
- Net assets, end of year
- $344,365
- Net assets without donor restrictions
- -$1,117,091
- Net assets with donor restrictions
- $1,461,456
- Gross receipts
- $8,793,056
- Employees
- 4
- Volunteers
- 0
- Year formed
- 2007
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIMEON CATHEY | MANAGING DIRECTOR Trustee or director, Officer | 40 | $195,000 |
| RICHARD GOLD | DIRECTOR Trustee or director | 0.1 | $0 |
| KENDALL WEBB | DIRECTOR Trustee or director | 0.1 | $0 |
| JIM PHILLIPS | CHAIR Trustee or director, Officer | 0.1 | $0 |
| PETER LINDBURG | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIMEON CATHEY | MANAGING DIRECTOR Trustee or director, Officer | 40 | $195,000 |
| RICHARD GOLD | DIRECTOR Trustee or director | 0.1 | $0 |
| KENDALL WEBB | DIRECTOR Trustee or director | 0.1 | $0 |
| JIM PHILLIPS | CHAIR Trustee or director, Officer | 0.1 | $0 |
| PETER LINDBURG | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIMEON CATHEY | MANAGING DIRECTOR Trustee or director, Officer | 40 | $195,000 |
| RICHARD GOLD | DIRECTOR Trustee or director | 0.1 | $0 |
| KENDALL WEBB | DIRECTOR Trustee or director | 0.1 | $0 |
| JIM PHILLIPS | CHAIR Trustee or director, Officer | 0.1 | $0 |
| PETER LINDBURG | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended June 30, 2022: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIMEON CATHEY | MANAGING DIRECTOR Trustee or director, Officer | 40 | $163,735 |
| JIM PHILLIPS | CHAIR Trustee or director, Officer | 0.1 | $0 |
| RICH GOLD | DIRECTOR Trustee or director | 0.1 | $0 |
| PETER LINDBURG | DIRECTOR Trustee or director | 0.1 | $0 |
| KENDALL WEBB | DIRECTOR Trustee or director | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 5950 6TH AVE S STE 111, SEATTLE, WA 98108-3317
- In care of
- % ERIK MARKS
- Principal officer (990 for 2024)
- SIMEON CATHEY, 5950 6TH AVE S STE 111, SEATTLE, WA 98108
- Signed the 990
- SIMEON CATHEY, MANAGING DIRECTOR
- Phone
- (206) 501-3005
- Website
- WWW.TISBEST.ORG
- Return prepared by
- ALEGRIA & COMPANY PS
Mission
TISBEST PHILANTHROPY CONNECTS BUSINESSES AND INDIVIDUALS WITH IMPORTANT CAUSES BY REPLACING GIFTS OF "STUFF" WITH GIFTS OF "GOOD."
Program accomplishments
- CHARITY GIFT CARD SPECIAL PROGRAM: THE CHARITY GIFT CARD SPECIAL PROGRAM, FUELED BY A GENEROUS DONATION FROM A VALUED CUSTOMER, AIMED TO ELEVATE CHARITABLE GIVING DURING THE HOLIDAY SEASON THROUGH A CUSTOM CHARITY SELECTION EXPERIENCE AND WEEKLY CHARITY DISTRIBUTION PROCESS. THROUGH THE DISTRIBUTION OF CHARITY GIFT CARDS, THIS PROGRAM ENABLED RECIPIENTS TO DIRECT FUNDS TO THE CHARITIES OF THEIR CHOICE, SHOWCASING OUR COMMITMENT TO SPREADING PHILANTHROPY AND SUPPORTING A WIDE RANGE OF CAUSES NATIONALLY AND INTERNATIONALLY. THIS INITIATIVE IS ALL ABOUT MAKING IT EASY AND IMPACTFUL FOR PEOPLE TO CONTRIBUTE TO THE GREATER GOOD. EVERY SINGLE DOLLAR OF THE OVER $5.8 MILLION DONATED FOR THIS CAMPAIGN WENT STRAIGHT TO CHARITY, THANKS TO THE COMPLETE FUNDING OF THE CAMPAIGN THROUGH DONATIONS FROM OUR CUSTOMER. WE MADE SURE THAT 100% OF THIS GENEROUS CONTRIBUTION WAS USED TO DISTRIBUTE THE CHARITY GIFT CARDS, ENSURING AN EFFICIENT AND IMPACTFUL DELIVERY OF THE PROGRAM. OUR APPROACH WAS ALL ABOUT MAKING SURE THE MAXIMUM POSSIBLE AMOUNT REACHED THE CHARITIES, WITH NO ADMINISTRATIVE COSTS EATING INTO THE FUNDS MEANT FOR THOSE IN NEED.Expenses $5,832,750 · grants $5,832,750 · revenue $75,051
- CHARITY GIFT CARD PROGRAM FOR BUSINESSES AND CONSUMERS: THE CHARITY GIFT CARD PROGRAM IS DESIGNED TO EMPOWER BOTH BUSINESSES AND CONSUMERS TO GIVE GIFTS OF CHARITY WHERE THEY MIGHT TRADITIONALLY GIVE A MATERIAL GIFT. BY PURCHASING GIFT CARDS, RECIPIENTS CAN ALLOCATE THE FUNDS TO ANY OF THE NUMEROUS U.S. CHARITIES. THIS INNOVATIVE APPROACH ENCOURAGES PHILANTHROPY AND SOCIAL RESPONSIBILITY BY MAKING CHARITABLE GIVING ACCESSIBLE AND PERSONALIZED. THE PROGRAM HAS SIGNIFICANTLY INCREASED CHARITABLE DONATIONS AND AWARENESS FOR VARIOUS CAUSES. IT HAS ENGAGED THOUSANDS OF BUSINESSES AND INDIVIDUAL CONSUMERS IN PHILANTHROPY. SUCCESS STORIES INCLUDE FUNDING FOR EDUCATION, HEALTHCARE, ENVIRONMENTAL CONSERVATION, AND MORE, DIRECTLY ATTRIBUTING TO THE GENEROSITY FACILITATED THROUGH THESE GIFT CARDS. THE CHARITY GIFT CARD PROGRAM HAS MANAGED TO ALLOCATE MILLIONS OF DOLLARS TO CHARITABLE ORGANIZATIONS. FOR THE FY 2025 REPORTING PERIOD, A TOTAL EXPENDITURE OF $513,000 WAS INVESTED IN THE PROGRAM, COVERING OPERATIONAL COSTS, PUBLIC EDUCATION, AND THE DIRECT FUNDING OF CHARITIES THROUGH REDEEMED GIFT CARDS.Expenses $1,265,585 · grants $513,231
- REDEFINE GIFTING CAMPAIGN - HOLIDAY SEASON INITIATIVE: THE REDEFINE GIFTING CAMPAIGN'S HOLIDAY SEASON INITIATIVE IS A LANDMARK PROGRAM AIMED AT TRANSFORMING THE TRADITIONAL GIFT-GIVING CULTURE INTO A FORCE FOR GOOD. THANKS TO THE GENEROUS CONTRIBUTIONS FROM NOTABLE PHILANTHROPISTS AND CELEBRITIES, INCLUDING RAY DALIO AND PAUL TUDOR JONES, THE INITIATIVE SOUGHT TO PROMOTE PHILANTHROPY AND SUPPORT FOR NONPROFIT ORGANIZATIONS THROUGH THE DISTRIBUTION OF CHARITY GIFT CARDS. THE $990,000 RAISED FOR THIS INITIATIVE WAS STRATEGICALLY UTILIZED TO FUND THE CREATION AND DISTRIBUTION OF THE 20,000 CHARITY GIFT CARDS. THIS INVESTMENT REFLECTS A DIRECT APPLICATION OF PHILANTHROPIC FUNDS TOWARDS ENGAGING THE PUBLIC IN CHARITABLE GIVING, WITH 100% OF THE FUNDS ALLOCATED TO THE CHARITY GIFT CARDS. THE INITIATIVE DEMONSTRATES A COMMITMENT TO MAXIMIZING THE IMPACT OF EACH DONATION, ENSURING THAT THE ENTIRETY OF THE FUNDS CONTRIBUTED BY OUR ESTEEMED DONORS DIRECTLY SUPPORTED THE CHARITABLE CAUSES CHOSEN BY THE GIFT CARD RECIPIENTS.Expenses $990,000 · grants $990,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-8630809
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $2,192,711
- Income (IRS master file)
- $8,793,056
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,793,056 | $8,449,718 | $2,192,711 | XML |
| 990 | June 2024 | $9,305,583 | $9,734,144 | $1,442,915 | XML |
| 990 | June 2023 | $9,661,113 | $10,160,183 | $1,155,772 | XML |
| 990 | June 2022 | $14,459,218 | $14,260,781 | $1,658,227 | XML |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8630809).
Questions about TISBEST PHILANTHROPY
- What is the EIN of TISBEST PHILANTHROPY?
- The employer identification number (EIN) of TISBEST PHILANTHROPY is 20-8630809.
- Is TISBEST PHILANTHROPY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to TISBEST PHILANTHROPY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TISBEST PHILANTHROPY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TISBEST PHILANTHROPY due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TISBEST PHILANTHROPY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of TISBEST PHILANTHROPY?
- The 990 for the year ended June 30, 2025 names SIMEON CATHEY.
- Who are the officers and directors of TISBEST PHILANTHROPY?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $195,000 (SIMEON CATHEY, MANAGING DIRECTOR).
- How much revenue does TISBEST PHILANTHROPY have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,793,056, expenses of $8,449,718 and total assets of $2,192,711 at year end.
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