Nonprofit · EIN 87-2623940
GROWING TREE FOUNDATION
Tax-exempt · SEATTLE, WA 98101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $1,414,368 | $2,085,475 | -$671,107 | $14,475,757 | $0 | $14,475,757 |
| June 30, 2024 | 990-PF | $1,254,346 | $783,273 | $471,073 | $14,323,979 | $0 | $14,323,979 |
| June 30, 2023 | 990-PF | $8,087,140 | $547,688 | $7,539,452 | $13,533,589 | $0 | $13,533,589 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $592,762
- Interest
- $169,820
- Net gain from sales of assets
- $651,786
Expenses
- Grants and similar amounts paid
- $1,997,838
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $2,005,110
- Excise tax on investment income
- $17,990
Balance sheet and other
- Total assets, start of year
- $14,323,979
- Total assets, end of year
- $14,475,757
- Total liabilities, end of year
- $0
- Net assets, end of year
- $14,475,757
- Fair market value of assets
- $35,188,149
- Qualifying distributions
- $2,005,110
- Net investment income
- $1,360,759
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-PF for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES M DRACKETT JR 1301 SECOND AVE SUITE 2800, SEATTLE, WA 98101 | PRESIDENT | 0.5 | $0 |
| SUSAN G DRACKETT 1301 SECOND AVE SUITE 2800, SEATTLE, WA 98101 | SECRETARY/TREASURER | 0.5 | $0 |
| HEIDI L G ORR 1301 SECOND AVE SUITE 2800, SEATTLE, WA 98101 | DIRECTOR | 0.1 | $0 |
990-PF for the year ended June 30, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES M DRACKETT JR C/O LANE POWELL 1420 5TH AVE STE, 4200, SEATTLE, WA 981012375 | PRESIDENT | 0.5 | $0 |
| SUSAN G DRACKETT C/O LANE POWELL 1420 5TH AVE STE, 4200C/O LANE POWELL 1420 5TH AVE ST, SEATTLE, WA 981012375 | SECRETARY/TREASURER | 0.5 | $0 |
990-PF for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES M DRACKETT JR C/O LANE POWELL 1420 5TH AVE STE, 4200, SEATTLE, WA 981012375 | PRESIDENT | 0.5 | $0 |
| SUSAN G DRACKETT C/O LANE POWELL 1420 5TH AVE STE, 4200, SEATTLE, WA 981012375 | SECRETARY/ TREASURER | 0.5 | $0 |
| MARY FRANCES BURGIN C/O LANE POWELL 1420 5TH AVE STE, 4200, SEATTLE, WA 981012375 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 1301 2ND AVE STE 2800, SEATTLE, WA 98101-3808
- Signed the 990-PF
- CHARLES M DRACKETT JR, PRESIDENT
- Phone
- (206) 223-7000
- Return prepared by
- ANDERSEN TAX LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 87-2623940
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2022
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $14,475,757
- Income (IRS master file)
- $2,294,558
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $1,414,368 | $2,085,475 | $14,475,757 | IRS |
| 990-PF | June 2024 | $1,254,346 | $783,273 | $14,323,979 | IRS |
| 990-PF | June 2023 | $8,087,140 | $547,688 | $13,533,589 | XML |
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 87-2623940).
Questions about GROWING TREE FOUNDATION
- What is the EIN of GROWING TREE FOUNDATION?
- The employer identification number (EIN) of GROWING TREE FOUNDATION is 87-2623940.
- Is GROWING TREE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to GROWING TREE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does GROWING TREE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of GROWING TREE FOUNDATION 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 GROWING TREE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of GROWING TREE FOUNDATION?
- The 990-PF for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does GROWING TREE FOUNDATION have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $1,414,368, expenses of $2,085,475 and total assets of $14,475,757 at year end.
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All nonprofits in SEATTLE · Washington · Philanthropy, voluntarism and grantmaking foundations