# Eucalyptus Foundation

Eucalyptus Foundation is an Endowment / Foundation based in San Francisco, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** PO Box 29550, San Francisco, CA 94129-0550, United States
- **Founded:** 1991
- **Assets under management:** 265 (Altss estimate)
- **Website:** https://www.eucalyptus.health
- **LinkedIn:** https://www.linkedin.com/company/eucalyptusvc

## Regulatory record

- **Reports private funds:** No

## About

The Eucalyptus Foundation was established in 1991 in San Francisco as a 501(c)(3) by descendants of the Koshland family. Gordon T. Geballe, a Koshland descendant and Yale professor, serves as president and director alongside Alison F. Geballe. The foundation allocates across public equities, fixed income, and commingled vehicles. Confirmed holdings include the Vanguard Total Stock Market Fund, Vanguard Short-Term Bond Fund, TIFF Multi-Asset Fund, and iShares MSCI ACWI Low Carbon Fund. It also holds US government securities and maintains a 12.39 percent stake in the Osterweis Strategic Income Fund. Allocations target sustainability-focused funds and low-carbon indices. Geographic exposure centers on the United States with additional international equity index exposure. Assets total $265 million. The foundation is a controlling member of the TIFF TIP Multi-Asset Fund and retains TIFF Advisory Services as investment advisor since 2007. It engaged Manice Budd & Baggett as legal counsel in 2024. Eucalyptus Associates, Inc. provides accounting services and holds 100 percent ownership by the foundation. Notable grants include $500,000 to Fred Hutch Cancer Center and $250,000 to Kickstart International. The foundation maintains a distinct governance structure through direct Koshland family control and its role as sole owner of Eucalyptus Associates, Inc. This setup separates investment execution from grantmaking while preserving family oversight of both the operating entity and the portfolio.

## Sectors

- Education
- Community Development

## People

- Gordon T. Geballe — President and Director
- Alison F. Geballe — Vice President and Director

## Questions

### Who runs investment decisions at Eucalyptus Foundation?

Gordon T. Geballe serves as president and director. The foundation retains TIFF Advisory Services as investment advisor and Osterweis Capital Management as an investment manager.

### Does Eucalyptus Foundation participate in fund commitments or only direct deals?

The foundation holds positions in commingled vehicles including the TIFF Multi-Asset Fund and multiple Vanguard index funds. It also maintains a direct 12.39 percent stake in the Osterweis Strategic Income Fund.

### What is Eucalyptus Foundation's known posture on co-investments alongside external GPs?

No direct co-investment activity is documented. The foundation invests through public funds, commingled vehicles, and a limited partnership in the Osterweis fund.

### How is Eucalyptus Foundation related to TIFF?

The foundation is a controlling member of the TIFF TIP Multi-Asset Fund and has used TIFF Advisory Services as investment advisor since 2007.

### Which sectors does Eucalyptus Foundation explicitly avoid?

No explicit avoidance sectors are stated in available records. Allocations emphasize sustainability and low-carbon exposures.

## Related profiles

- [Emerson College](https://altss.com/profile/emerson-college)
- [Ronald Reagan Presidential Foundation](https://altss.com/profile/ronald-reagan-presidential-foundation)

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Last updated: 2026-08-10T18:03:08.091Z

Canonical page: https://altss.com/profile/eucalyptus-foundation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology