Downing Family Foundation

San Diego, CA
Tax exemption issued: Aug. 2014
EIN: 33-0445623

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Organizations with gross receipts of less than $50,000 can file the form 990-N postcard filing, which doesn’t include financial details. All Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2025

Revenue

$350,642

Expenses

$125,298

Net Income

$225,344

Net Assets

$2,837,975

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,666	0.5%
Dividends	$258,094	73.6%
Sales of Assets	$90,882	25.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$96,000	76.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,837,975
Total Liabilities	$0
Net Assets	$2,837,975

Compensation

Key Employees and Officers	Compensation	Other
Tracy Downing (President)	$0	$0
John Downing (Executive Dir.)	$0	$0
Toni M Leadingham (Cfo)	$0	$0
Zachary Downing (Corp Secretary)	$0	$0

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990-PF

Filed on June 17, 2026

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2024

Revenue

$191,409

Expenses

$150,698

Net Income

$40,711

Net Assets

$2,612,631

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,333	0.7%
Dividends	$126,111	65.9%
Sales of Assets	$63,965	33.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$117,500	78.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,612,631
Total Liabilities	$0
Net Assets	$2,612,631

Compensation

Key Employees and Officers	Compensation	Other
Tracy Downing (President)	$0	$0
John Downing (Executive Dir.)	$0	$0
Toni M Leadingham (Cfo)	$0	$0
Zachary Downing (Corp Secretary)	$0	$0

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990-PF

Filed on Oct. 23, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2023

Revenue

$610,430

Expenses

$137,170

Net Income

$473,260

Net Assets

$2,571,920

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,602	0.3%
Dividends	$41,476	6.8%
Sales of Assets	$567,352	92.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$107,500	78.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,571,920
Total Liabilities	$0
Net Assets	$2,571,920

Compensation

Key Employees and Officers	Compensation	Other
Tracy Downing (President)	$0	$0
John Downing (Executive Dir.)	$0	$0
Toni M Leadingham (Cfo)	$0	$0
Zachary Downing (Corp Secretary)	$0	$0

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990-PF

Filed on Nov. 11, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$57,470

Expenses

$173,909

Net Income

-$116,439

Net Assets

$2,098,660

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$58,525	> 100%
Sales of Assets	-$1,056
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$95,000	54.6%
Compensation of Officers*	$38,200	22.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,098,660
Total Liabilities	$0
Net Assets	$2,098,660

Compensation

Key Employees and Officers	Compensation	Other
Zachary Downing (Corp Secretary)	$9,201	$6,079
Tracy Downing (President)	$4,147	$18,773
John Downing (Executive Dir.)	$0	$0
Toni M Leadingham (Cfo)	$0	$0

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990-PF

Filed on Nov. 11, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$482,786

Expenses

$194,521

Net Income

$288,265

Net Assets

$2,215,099

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$95,787	19.8%
Sales of Assets	$386,998	80.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$125,000	64.3%
Compensation of Officers*	$33,600	17.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,215,118
Total Liabilities	$19
Net Assets	$2,215,099

Compensation

Key Employees and Officers	Compensation	Other
Zachary Downing (Corp Secretary)	$7,575	$5,865
Tracy Downing (President)	$2,262	$17,898
John Downing (Executive Dir.)	$0	$0
Toni M Leadingham (Cfo)	$0	$0

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990-PF

Filed on Nov. 5, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$77,179

Expenses

$278,392

Net Income

-$201,213

Net Assets

$1,926,834

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$72,609	94.1%
Sales of Assets	$4,569	5.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$213,000	76.5%
Compensation of Officers*	$31,200	11.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,926,853
Total Liabilities	$19
Net Assets	$1,926,834

Compensation

Key Employees and Officers	Compensation	Other
Zachary Downing (Corp Secretary)	$6,978	$5,502
Tracy Downing (President)	$2,475	$16,245
John Downing (Executive Dir.)	$0	$0
Toni M Leadingham (Cfo)	$0	$0

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990-PF

Filed on Nov. 8, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$167,000

Expenses

$227,794

Net Income

-$60,794

Net Assets

$2,128,047

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$79,109	47.4%
Sales of Assets	$87,890	52.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$163,100	71.6%
Compensation of Officers*	$28,800	12.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,128,066
Total Liabilities	$19
Net Assets	$2,128,047

Compensation

Key Employees and Officers	Compensation	Other
Zachary Downing (Corp Secretary)	$7,182	$4,338
Tracy Downing (President)	$4,379	$12,901
John Downing (Executive Dir.)	$0	$0
Toni M Leadingham (Cfo)	$0	$0

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990-PF

Filed on Nov. 3, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2018

Revenue

$111,116

Expenses

$189,147

Net Income

-$78,031

Net Assets

$2,188,841

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$92,435	83.2%
Sales of Assets	$18,680	16.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$134,600	71.2%
Compensation of Officers*	$27,600	14.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,188,987
Total Liabilities	$146
Net Assets	$2,188,841

Compensation

Key Employees and Officers	Compensation	Other
Zachary Downing (Corp Secretary)	$5,774	$5,266
Tracy Downing (President)	$2,001	$14,559
John Downing (Executive Dir.)	$0	$0
Toni M Leadingham (Cfo)	$0	$0

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990-PF

Filed on Aug. 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$127,587

Expenses

$271,368

Net Income

-$143,781

Net Assets

$2,267,032

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$87,001	68.2%
Sales of Assets	$40,585	31.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$223,500	82.4%
Compensation of Officers*	$24,900	9.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,267,051
Total Liabilities	$19
Net Assets	$2,267,032

Compensation

Key Employees and Officers	Compensation	Other
Zachary Downing (President)	$6,269	$3,691
Tracy Downing (Secretary)	$4,729	$10,211
John Downing (Chairman)	$0	$0
Toni M Leadingham (Cfo)	$0	$0

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990-PF

Filed on June 28, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$78,331

Expenses

$226,122

Net Income

-$147,791

Net Assets

$2,410,813

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2	0.0%
Dividends	$81,718	> 100%
Sales of Assets	-$3,389
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$169,750	75.1%
Compensation of Officers*	$22,000	9.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,411,100
Total Liabilities	$287
Net Assets	$2,410,813

Compensation

Key Employees and Officers	Compensation	Other
Tracy Downing (Secretary)	$6,233	$8,167
Zachary Downing (President & Ceo)	$5,859	$1,741
John Downing (Chairman)	$0	$0
Toni M Leadingham (Cfo)	$0	$0

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990-PF

Filed on Oct. 25, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$48,958

Expenses

$209,194

Net Income

-$160,236

Net Assets

$2,558,604

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$85,887	> 100%
Sales of Assets	-$36,930
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$146,500	70.0%
Compensation of Officers*	$22,990	11.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,558,595
Total Liabilities	-$9
Net Assets	$2,558,604

Compensation

Key Employees and Officers	Compensation	Other
Tracy Downing (Secretary)	$6,401	$7,429
Zachary Downing (President & Ceo)	$6,107	$2,693
John Downing (Chairman)	$360	$0
Toni M Leadingham (Cfo)	$0	$0

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990-PF

Filed on Aug. 8, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Revenue

$127,974

Expenses

$231,484

Net Income

-$103,510

Net Assets

$2,718,840

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$7	0.0%
Dividends	$90,419	70.7%
Sales of Assets	$37,548	29.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$166,000	71.7%
Compensation of Officers*	$21,878	9.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,719,788
Total Liabilities	$948
Net Assets	$2,718,840

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$142,590

Expenses

$214,666

Net Income

-$72,076

Net Assets

$2,822,350

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$4	0.0%
Dividends	$100,482	70.5%
Sales of Assets	$42,104	29.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$155,500	72.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,822,350
Total Liabilities	$0
Net Assets	$2,822,350

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$142,085

Expenses

$191,638

Net Income

-$49,553

Net Assets

$2,894,426

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5	0.0%
Dividends	$118,211	83.2%
Sales of Assets	$23,869	16.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$165,000	86.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,894,426
Total Liabilities	$0
Net Assets	$2,894,426

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$150,755

Expenses

$196,385

Net Income

-$45,630

Net Assets

$2,943,979

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$17	0.0%
Dividends	$155,328	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$172,500	87.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,943,979
Total Liabilities	$0
Net Assets	$2,943,979

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains financial information from tax returns processed by the IRS since the 2012 calendar years, as well as data extracted from digital filings. IRS summary data also includes limited older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits for nonprofit organizations that spent $750,000 or more in federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Most organizations that have been recognized as tax exempt by the IRS have to file the Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file the Form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard," which does not contain financial details. Churches are not required to file Form 990.

Nonprofit Explorer has organizations that are claiming tax exemption in any of the 27 subsections of the 501(c) section of the tax code. Taxable trusts and private foundations that are required to file a form 990PF are also included.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes Employer Identification Numbers and summary financials as structured data.
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Updated October 22, 2026

Downing Family Foundation

Organization summary

Type of Nonprofit

Tax Filings by Year

Fiscal Year Ending Dec. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec.
2025

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

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2003

Fiscal Year Ending Dec.
2002

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2001

Fiscal Year Ending Dec.
2000