TISBEST PHILANTHROPY

EIN: 208630809 501(c)(3) Philanthropy & Grantmaking

SEATTLE, WA

Total Revenue
$8,793,056
Total Expenses
$8,449,718
Total Assets
$2,192,711
Net Assets
$344,365
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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
WA
Principal Officer
SIMEON CATHEY
Phone
2065013005
Tax Period
2024-07-01 to 2025-06-30

TISBEST PHILANTHROPY, founded in 2007, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $8.8M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $8.4M left a modest 4% surplus.

Mission

TISBEST PHILANTHROPY CONNECTS BUSINESSES AND INDIVIDUALS WITH IMPORTANT CAUSES BY REPLACING GIFTS OF "STUFF" WITH GIFTS OF "GOOD."

Program Service Accomplishments

Program 1
Expenses: $5,832,750 Revenue: $75,051

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...

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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.

Program 2
Expenses: $1,265,585

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...

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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.

Program 3
Expenses: $990,000

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...

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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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,650,888
Program Service Revenue $75,051
Investment Income $67,117
Other Revenue $0
TOTAL REVENUE $8,793,056

Expense Breakdown

Grants Paid $7,335,981
Salaries & Benefits $490,044
Fundraising Expenses $74,490
Program Expenses $8,088,335
Other Expenses $623,693
TOTAL EXPENSES $8,449,718

Year-over-Year Comparison

2024 2023 Change
Revenue $8,793,056 $9,305,583 -0.1%
Expenses $8,449,718 $9,734,144 -0.1%
Net Income $343,338 $-428,561 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
4
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$195,000
Total Directors
5
$195,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD GOLD DIRECTOR 0.10
Director
$0 $0 $0
KENDALL WEBB DIRECTOR 0.10
Director
$0 $0 $0
JIM PHILLIPS CHAIR 0.10
Officer Director
$0 $0 $0
PETER LINDBURG DIRECTOR 0.10
Director
$0 $0 $0
SIMEON CATHEY MANAGING DIRECTOR 40.00
Officer Director
$195,000 $0 $195,000
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $8,793,056 $8,449,718 $2,192,711 $343,338
2024 $9,305,583 $9,734,144 $1,442,915 $-428,561
2023 $9,661,113 $10,160,183 $1,155,772 $-499,070
2022 $14,459,218 $14,260,781 $1,658,227 $198,437
2022 $14,459,218 $14,260,781 $1,658,227 $198,437
2021 $11,028,187 $10,734,354 $1,169,318 $293,833
2020 $3,767,399 $4,014,285 $627,400 $-246,886
2019 $3,425,817 $3,577,131 $646,404 $-151,314
2018 $7,837,180 $7,461,903 $981,391 $375,277
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