Macrae Foundation

Mercer Island, WA
Tax-exempt since Sept. 2000
EIN: 91-2001720

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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 / Named Trusts/Foundations N.E.C. (NTEE)

Donations to this organization are tax deductible.

Revenue

$87.6k (2024)

Expenses

$146k (2024)

Total Assets

$2.07M (2024)

Total Liabilities

$40 (2024)

Source: Form 990 tax filings from 2011 to 2024

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. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$87,560

Expenses

$146,078

Net Income

-$58,518

Net Assets

$2,068,336

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$30,034	34.3%
Dividends	$53,262	60.8%
Sales of Assets	$4,264	4.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$123,776	84.7%
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	$2,068,376
Total Liabilities	$40
Net Assets	$2,068,336

Compensation

Key Employees and Officers	Compensation	Other
Caroline Jill Davis (Director, Pr)	$0	$0
Lesley A Poole (Director, Vp)	$0	$0
Lissa M Tripp (Director, Tr)	$0	$0

990-PF

Filed on Sept. 6, 2025

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

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Fiscal Year Ending Dec.
2023

Revenue

$59,307

Expenses

$142,965

Net Income

-$83,658

Net Assets

$2,126,854

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$81,981	> 100%
Sales of Assets	-$22,674
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$122,500	85.7%
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	$2,127,139
Total Liabilities	$285
Net Assets	$2,126,854

Compensation

Key Employees and Officers	Compensation	Other
Caroline Jill Davis (Director, President)	$0	$0
Lesley A Poole (Director, Vp, Secretary)	$0	$0
Lissa M Tripp (Director, Treasurer)	$0	$0

990-PF

Filed on Nov. 15, 2024

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

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Fiscal Year Ending Dec.
2022

Revenue

$61,683

Expenses

$145,142

Net Income

-$83,459

Net Assets

$2,210,512

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$44,833	72.7%
Sales of Assets	$16,850	27.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$122,895	84.7%
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	$2,210,512
Total Liabilities	$0
Net Assets	$2,210,512

Compensation

Key Employees and Officers	Compensation	Other
Caroline Jill Davis (Director, President)	$0	$0
Lesley A Poole (Director, Vp, Secretary)	$0	$0
Lissa M Tripp (Director, Treasurer)	$0	$0

990-PF

Filed on June 1, 2023

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

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Fiscal Year Ending Dec.
2021

Revenue

$101,149

Expenses

$150,902

Net Income

-$49,753

Net Assets

$2,293,971

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$50,392	49.8%
Sales of Assets	$50,757	50.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$128,875	85.4%
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	$2,293,971
Total Liabilities	$0
Net Assets	$2,293,971

Compensation

Key Employees and Officers	Compensation	Other
Caroline Jill Davis (Director, President)	$0	$0
Lesley A Poole (Director, Vp, Secretary)	$0	$0
Lissa M Tripp (Director, Treasurer)	$0	$0

990-PF

Filed on May 10, 2022

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

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Fiscal Year Ending Dec.
2020

Revenue

$43,577

Expenses

$142,153

Net Income

-$98,576

Net Assets

$2,343,723

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$38,274	87.8%
Sales of Assets	$5,303	12.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$123,100	86.6%
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	$2,343,724
Total Liabilities	$1
Net Assets	$2,343,723

Compensation

Key Employees and Officers	Compensation	Other
Caroline Jill Davis (Director, President)	$0	$0
Lesley A Poole (Director, Vp, Secretary)	$0	$0
Lissa M Tripp (Director, Treasurer)	$0	$0

990-PF

Filed on Nov. 4, 2021

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

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Fiscal Year Ending Dec.
2019

Revenue

$126,020

Expenses

$156,504

Net Income

-$30,484

Net Assets

$2,442,299

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$40,911	32.5%
Sales of Assets	$85,109	67.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$134,000	85.6%
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	$2,442,300
Total Liabilities	$1
Net Assets	$2,442,299

Compensation

Key Employees and Officers	Compensation	Other
Caroline Jill Davis (Director, President)	$0	$0
Lesley A Poole (Director, Vp, Secretary)	$0	$0
Lissa M Tripp (Director, Treasurer)	$0	$0

990-PF

Filed on June 11, 2020

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

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Fiscal Year Ending Dec.
2018

Revenue

$181,356

Expenses

$178,806

Net Income

$2,550

Net Assets

$2,472,784

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$61,719	34.0%
Sales of Assets	$119,205	65.7%
Other Income	$432	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$145,025	81.1%
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	$2,472,956
Total Liabilities	$172
Net Assets	$2,472,784

Compensation

Key Employees and Officers	Compensation	Other
Caroline Jill Davis (Director, President)	$0	$0
Lesley A Poole (Director, Vp, Secretary)	$0	$0
Lissa M Tripp (Director, Treasurer)	$0	$0

990-PF

Filed on May 16, 2019

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

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Fiscal Year Ending Dec.
2017

Revenue

$174,611

Expenses

$174,915

Net Income

-$304

Net Assets

$2,470,235

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$68,928	39.5%
Sales of Assets	$102,330	58.6%
Other Income	$3,353	1.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$142,025	81.2%
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	$2,472,347
Total Liabilities	$2,112
Net Assets	$2,470,235

Compensation

Key Employees and Officers	Compensation	Other
Caroline Jill Davis (Director, President)	$0	$0
Lesley A Poole (Director, Vp, Secretary)	$0	$0
Lissa M Tripp (Director, Treasurer)	$0	$0

990-PF

Filed on May 1, 2018

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

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Fiscal Year Ending Dec.
2016

Revenue

-$3,907

Expenses

$175,490

Net Income

-$179,397

Net Assets

$2,470,539

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$71,493
Sales of Assets	-$79,365
Other Income	$3,965

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$145,000	82.6%
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	$2,470,539
Total Liabilities	$0
Net Assets	$2,470,539

Compensation

Key Employees and Officers	Compensation	Other
Caroline Jill Davis (Director, President)	$0	$0
Lesley A Poole (Director, Vp, Secretary)	$0	$0
Lissa M Tripp (Director, Treasurer)	$0	$0

990-PF

Filed on May 2, 2017

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

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Fiscal Year Ending Dec.
2015

Revenue

$147,146

Expenses

$174,635

Net Income

-$27,489

Net Assets

$2,649,936

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$75,936	51.6%
Sales of Assets	$68,418	46.5%
Other Income	$2,792	1.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$144,325	82.6%
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	$2,649,936
Total Liabilities	$0
Net Assets	$2,649,936

Compensation

Key Employees and Officers	Compensation	Other
Caroline Jill Davis (Director, President)	$0	$0
Lesley A Poole (Director, Vp, Secretary)	$0	$0
Lissa M Tripp (Director, Treasurer)	$0	$0

990-PF

Filed on May 10, 2016

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

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Fiscal Year Ending Dec.
2014

Revenue

$267,565

Expenses

$186,194

Net Income

$81,371

Net Assets

$2,677,425

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$90,260	33.7%
Sales of Assets	$176,159	65.8%
Other Income	$1,146	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$149,525	80.3%
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	$2,677,425
Total Liabilities	$0
Net Assets	$2,677,425

Compensation

Key Employees and Officers	Compensation	Other
Caroline Jill Davis (Director, President)	$0	$0
Lesley A Poole (Director, Vp, Secretary)	$0	$0
Lissa M Tripp (Director, Treasurer)	$0	$0

990-PF

Filed on May 15, 2015

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

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Fiscal Year Ending Dec.
2013

Revenue

$318,174

Expenses

$190,082

Net Income

$128,092

Net Assets

$2,596,004

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$74,143	23.3%
Sales of Assets	$244,031	76.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$146,035	76.8%
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	$2,596,004
Total Liabilities	$0
Net Assets	$2,596,004

Compensation

Key Employees and Officers	Compensation	Other
Caroline Jill Davis (Director, President)	$0	$0
Lesley A Poole (Director, Vp, Secretary)	$0	$0
Lissa M Tripp (Director, Treasurer)	$0	$0

990-PF

Filed on May 14, 2014

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

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Fiscal Year Ending Dec.
2012

Revenue

$276,754

Expenses

$189,213

Net Income

$87,541

Net Assets

$2,467,911

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$8,929	3.2%
Dividends	$95,267	34.4%
Sales of Assets	$172,558	62.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$136,914	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	$2,467,912
Total Liabilities	$1
Net Assets	$2,467,911

990-PF

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

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,048,901

Expenses

$143,561

Net Income

$905,340

Net Assets

$2,380,370

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$12,968	1.2%
Dividends	$62,272	5.9%
Sales of Assets	$973,661	92.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$134,500	93.7%
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	$2,380,371
Total Liabilities	$1
Net Assets	$2,380,370

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Macrae Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $87.6k (2024)

Expenses $146k (2024)

Total Assets $2.07M (2024)

Total Liabilities $40 (2024)

Tax Filings by Year

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

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$87.6k (2024)

Expenses

$146k (2024)

Total Assets

$2.07M (2024)

Total Liabilities

$40 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

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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.
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