Islands Fund

Private foundation · EIN 91-1663838 · since 1995·California, Colorado, Vermont, Washington, West Virginia·Updated 13 October 2026

At a glance

$16.2M
Annual giving, 2024 tax year
From the Form 990-PF filing
$20,000 to $500k
Grant range
From grants in the 990-PF filings
$70,000
Typical grant (median)
81 grants in the latest filing
Invitation only
Unsolicited applications are not accepted

This funder does not accept unsolicited applications. The foundation chooses the organisations it funds itself.

Key takeaways

  • Islands Fund funds conservation and stewardship, private land acquisition, land protection and conservation easements, alongside youth environmental education, outdoor programmes, scholarships and financial aid, school and university education, arts education, adaptive sports, mentoring, teen council work, summer camps, community programmes and general operations, so a nonprofit working in one of these areas has the best chance of a fit.
  • Most grants to organisations sit between $20,000 and $500,000, with a median of $70,000, so a modest request in that range is realistic; the largest grant, around $2,450,000, went to Seattle Foundation, an organisation funded every year that regrants to others, so very large sums are not typical for most applicants.
  • The foundation states it does not accept unsolicited requests and funds by invitation only, so a cold application is unlikely to succeed; organisations should look for a route to an introduction rather than submitting a speculative proposal.
  • The pattern of giving is strongly relationship-led: 98% of its grant dollars to organisations in its most recent filing went to organisations it had also funded in the two previous filings, so this looks like a foundation that sustains long-term relationships rather than one that regularly brings in new grantees through open rounds.
  • No geographic focus is stated, though its recorded grants are mainly in Washington, Colorado, Vermont, California and West Virginia.

Overview

Islands Fund is a US private foundation based in Boise, ID.

What they fund

Profile based on the foundation's IRS Form 990-PF filings (TY2024, TY2023, TY2022) only: no website or other web source for the foundation was found. Every statement is checked against the filings. Sources read on 7 October 2026.

Priority Areas

The fund's recorded grants go to conservation and stewardship, private land acquisition and land protection, and conservation easements. They also support youth environmental education, youth outdoor programmes and leadership adventures, scholarships and financial aid. Other recorded purposes include school and university education, arts education, adaptive sports, mentoring, teen council and education programmes, summer camps, community programmes and general operations. Recipients span public charities including land trusts and conservation organisations, schools and universities, youth and outdoor education groups, and arts and sports organisations. Donor-advised funds and permanent endowments also account for substantial parts of the recorded purposes.

Themes

From its grants, not stated by the foundation:

  • Land conservation
  • Youth environmental education
  • Scholarships and financial aid

Geographic Focus

No geographic focus is stated; the filings show grants mainly in Washington, Colorado, Vermont, California and West Virginia.

How to apply

The foundation states that it does not accept unsolicited requests.

Application success factors

  • Repeat giving: In its TY2024 filing, 98% of its grant dollars to organisations went to organisations it had also funded in its TY2022 or TY2023 filing.
  • Grant size: Across its TY2022, TY2023 and TY2024 filings, half of its 239 grants to organisations were $70,000 or less.

Where grants go

From grants to organisations in the foundation’s filings for tax years 2022–2024.

Grant dollars by state

Washington50%
Colorado13%
Vermont8%
California6%
West Virginia5%
New York4%

6 other states: 9%

Outside the US or with no state on the filing: 4%

  • The largest single recipient received 18% of grant dollars to organisations.
  • In tax year 2024, 98% of grant dollars went to organisations Islands Fund had funded in earlier filings.
  • 4% of grant dollars went directly to organisations outside the US (Canada).
  • 18% of grant dollars went to intermediaries that regrant to other organisations.

Grants

81 grants in the latest filing analysed · median $70,000

How much do they typically give?

Share of 81 grants in tax year 2024 by size

$10k–$25k11%
$25k–$50k17%
$50k–$100k31%
$100k–$250k16%
$250k–$500k12%
$500k–$1M9%
$1M and over4%

Median $70,000 (tax year 2024)

The largest grants to organisations in the foundation’s latest filing:

  • Seattle Foundation · Donor advised fund
    $2,365,0002024 tax year
  • Aloha Foundation · 5 permanently restricted endowments
    $1,370,0002024 tax year
  • Nature Conservancy (Colorado) · 777 dakota partnership stewardship endowment
    $1,000,0002024 tax year
  • Nature Conservancy (Montana) · Northern great plains land protection and grassbank 2.0
    $850,0002024 tax year
  • Nature Conservancy (Colorado) · Youth education and outreach, and southern high plains conservation
    $830,0002024 tax year
  • Future Generations University · General operations and permanent leadership endowment
    $800,0002024 tax year
  • Nature Conservancy (Washington) · Conservation and stewardship for wa state
    $600,0002024 tax year
  • Yellowstone To Yukon · Private lands acquisition fund
    $500,0002024 tax year

Grants to organisations listed in the foundation’s Form 990-PF filings. Grants to individuals are not shown.

Officers and directors

  • Graeme Gulick — Director
  • Shelby Luce — Director
  • Lydia Gulick — Director
  • James Flaggert — Director
  • E Leeds Gulick — Director
  • George G Gulick — Director
  • Rick S Werner — Director

From the latest Form 990-PF filing

3 years of tax filings

YearTotal expensesGrants paidAssetsFiling document
2022 tax year$18,021,356$16,388,151$278,802,240Filing for 2022 tax year
2023 tax year$15,982,926$14,600,000$319,058,282Filing for 2023 tax year
2024 tax year$18,480,803$16,231,597$350,263,185Filing for 2024 tax year

Figures from the foundation’s IRS Form 990-PF filings. Assets are at fair market value at year end. The document icon links to each year’s filing on ProPublica Nonprofit Explorer.

Sources

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Contact

  • Boise, ID