NonprofitsTisbest Philanthropy

Public Foundations

Tisbest Philanthropy

SEATTLE, WA

Total revenue

$9.3M

Total expenses

$9.7M

Net assets

$1K

Grants received

$27.0M

52 grants

EIN

208630809

Tax year

2023

Mission

Tisbest philanthropy connects businesses and individuals with important causes by replacing gifts of "stuff" with gifts of "good."

Programs

2 programs

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 2024 reporting period, a total expenditure of $1,100,000 was invested in the program, covering operational costs, public education, and the direct funding of charities through redeemed gift cards.

Expenses: $2.3MGrants: $1.1M

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, paul tudor jones, jay shetty, and arianna huffington, the initiative sought to promote philanthropy and support for nonprofit organizations through the distribution of charity gift cards. The $1,000,000 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: $1MGrants: $1M

Financials

FY 2023

Revenue

Contributions & grants$9.2M
Program service revenue$94K
Investment income$26K
Other revenue
Total revenue$9.3M

Expenses

Grants paid$8.0M
Salaries & benefits$737K
Fundraising$147K
Other expenses$964K
Total expenses$9.7M
Total assets$1.4M
Net assets$1K

People

5 listed

NameRoleCompensation

SIMEON CATHEY

MANAGING DIRECTOR

Board

$195K

40 hrs/wk

RICHARD GOLD

DIRECTOR

Board

0.1 hrs/wk

KENDALL WEBB

DIRECTOR

Board

0.1 hrs/wk

JIM PHILLIPS

CHAIR

Board

0.1 hrs/wk

PETER LINDBURG

DIRECTOR

Board

0.1 hrs/wk

Independent contractors

TRUCKEE TECHNOLOGY LLC

PROCESSING AND ROYALTY FEES

$296K

Grants received

Showing 52 of 52

FromAmountPurposeYear
$6.9M
TO SUPPORT A PROGRAM TO ENCOURAGE GIVING
2024
$1.6M
TO SUPPORT A PROGRAM TO ENCOURAGE GIVING
2024
$19K
PROGRAMMING SUPPORT
2024
$14K
GERNERAL PURPOSE DONATION
2024
$450
GENERAL SUPPORT
2024
$400
GENERAL SUPPORT
2024
$300
GENERAL SUPPORT
2024
$250
GENERAL SUPPORT
2024
$150
GENERAL SUPPORT
2024
$100
GENERAL SUPPORT
2024
$4.6M
TO SUPPORT A PROGRAM TO ENCOURAGE GIVING
2023
$100K
REDEFINE GIFTING PROGRAM
2023
$28K
For grant recipient's exempt purposes
2023
$12K
GERNERAL PURPOSE
2023
$10K
PROGRAMMING SUPPORT
2023
$530
PROGRAM/OPERATING SUPPORT
2023
$315
OTHER CIVIC / COMMUNITY
2023
$2.8M
TO SUPPORT A PROGRAM TO ENCOURAGE GIVING
2022
$2.0M
TO SUPPORT A PROGRAM TO ENCOURAGE GIVING
2022
$1.1M
TO SUPPORT A PROGRAM TO ENCOURAGE GIVING
2022
$442K
TO SUPPORT A PROGRAM TO ENCOURAGE GIVING
2022
$379K
TO SUPPORT A PROGRAM TO ENCOURAGE GIVING
2022
$37K
For grant recipient's exempt purposes
2022
$24K
TO SUPPORT A PROGRAM TO ENCOURAGE GIVING
2022
$8K
COMMUNITY & HUMAN SERVICES
2022
$8K
General Purpose
2022
$6K
TO FURTHER EXEMPT PURPOSE.
2022
$67
PROGRAM/OPERATING SUPPORT
2022
$530K
For grant recipient's exempt purposes
2021
$530K
For grant recipient's exempt purposes
2021
$4K
TO FURTHER EXEMPT PURPOSE.
2021
$5.2M
TO SUPPORT A PROGRAM TO ENCOURAGE GIVING
2020
$532K
For grant recipient's exempt purposes
2020
$56K
COMMUNITY & HUMAN SERVICES
2020
$28K
PUBLIC, SOCIETAL BENEFIT
2020
$16K
GENERAL OPERATING SUPPORT
2020
$7K
COMMUNITY & HUMAN SERVICES
2020
$2K
CHARITABLE
2020
$2K
To further exempt purpose.
2020
$100
MIP PAYOUT FOR 08/18/20
2020

Funded by

$27.0M from 22 funders · 52 grants · 2019–2024

Dalio Family Fund Inc

$18.0M · 9 grants · 2020–2024

Dalio Foundation Inc

$6.9M · 1 grant · 2024

Fidelity Investments Charitable Gift Fund

$1.7M · 5 grants · 2020–2023

Kevin And Nicole Systrom Foundation

$100K · 1 grant · 2023

Gs Donor Advised Philanthropy Fund

$64K · 2 grants · 2020–2022

Thrive Global Holdings Foundation Inc

$60K · 2 grants · 2023–2024

American Online Giving Foundation Inc

$37K · 5 grants · 2019–2023

Ray & Kay Eckstein Charitable Trust

$28K · 2 grants · 2023–2024

Details

EIN208630809
NTEE codeT30
Subsection03
Ruling date2008-02
Formed2007
Employees14
Volunteers0
TISBEST PHILANTHROPY — Mission, Financials & Grants Received | Grantivo