Pisces Foundation

Pisces Foundation is the private foundation of environmentalist activist and Gap, Inc. heir Robert J. Fischer and his wife Randi. It is a funder of a number of prominent environmentalist organizations.

At-A-Glance

Issue Areas: Environmental Policy
Executive Director:

David Beckman

Location: San Francisco, CA View on map
Tax ID: 20-7415160
Most Recent Filing: 2024
Budget (2024): Assets: $54,509,748 Revenue: $51,491,531 Expenses: $25,848,921

Contents

    Background

    The Pisces Foundation is a liberal environmental group that provides grants to other environmental nonprofits. The organization was founded by billionaire Gap, Inc. chairman Robert J. Fischer1 and his wife Randi, and longtime environmental activist David Beckman.

    The foundation launched in 2013 and has awarded more than 330 grants to more than 153 organizations around the world. 2

    The organization was established in San Francisco, with an office in Washington, D.C. Beckman is on a three-person board of directors with the Fishers. 3

    Advocacy

    The foundation focuses on three areas: Water resources, climate and energy, and environmental education. 3

    The organization considers preservation for freshwater a neglected matter, as plenty of philanthropists focus on oceans. Beckman wrote in a New York Times op-ed in 2014 about drinking water contamination in Charleston, West Virginia and Toledo, Ohio that prompted “do not drink” alerts as a wakeup call for drinking water protection. He called for more EPA clean water funding, for providing water utilities with more authority to address threats, for beefing up pollution requirements, and for updating state and federal regulations and laws. 4

    On climate action, the Pisces Foundation joined a coalition of 28 other environmental groups that offered to spend a collective $4 billion over the next five years to combat climate change. The organizations made the announcement at the Global Climate Action Summit in San Francisco on September 14, 2018. 5

    Regarding environmental education, the Pisces Foundation works with schools, states, and communities expose more children to nature, stating that many school-aged children’s ability to enjoy nature is “highly dependent on one’s zip code, upbringing, race, and financial resources.” 6

    One goal of the organization is to “change the narrative from time spent outdoors as a nice-to-have to the benefits of the outdoors as a human right, an absolute necessity, and a national priority – with equity at the forefront,” wrote Jason Morris, senior program officer for environmental education at Pisces Foundation and chairman of the Blue Sky Funders Forum. 6

    In 2025, the Pisces Foundation joined a coalition of groups to launch The Courage Project, a national initiative recognizing “everyday acts of civic bravery” by individuals and nonprofit organizations across the United States. The project was established with an initial $5 million commitment and provides awards ranging from $10,000 to $50,000 to support grassroots civic engagement efforts.7

    People

    Principal funding for the foundation comes from Gap, Inc. chairman Bob Fischer and his wife Randi Fischer. Forbes estimates Bob Fisher’s wealth to be $1.3 billion. 8

    The Fishers are one of the handful of wealthy families behind the political rise of California Gov. Gavin Newsom (D), according to a Los Angeles Times investigation. The Fisher family invested $305,000 in Newsom over the years. 9

    David Beckman is the executive director of the Pisces Foundation. Beckman had worked for the Natural Resources Defense Council (NRDC) for 17 years as a senior attorney and as the director of the organization’s first national Water Program. He graduated from Harvard Law School. 10

    Bob Fisher was a longtime member of the NRDC board of directors and reportedly a mentor to Beckman. The two decided in 2012 to build a new foundation; Bob and Randi Fisher, the heirs to the Gap clothing store chain co-founded by Doris and Donald Fisher, put the money behind foundation. 3

    The Foundation hired former Obama administration Environmental Protection Agency water policymaker Nancy Stronger, as well as Jennifer Kurz, an alumna of both the Bill and Melinda Gates Foundation and U.S. Climate Action Network. 3

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $54,509,748 $51,491,531 $25,848,921 View
    2023 $25,780,765 $35,017,264 $18,707,347 View
    2022 $12,760,544 $610,604 $26,537,482 View
    2021 $36,685,219 $40,456,155 $24,613,364 View
    2020 $19,128,696 $4,934,981 $22,974,693 View

    Prior year filings: 2015, 2014, 2013, 2012, 2011

    Expenses Detail

    Employee Compensation

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    David S BeckmanPresident$523,304
    Carol TingChief Operating Officer$318,251

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $5,605,000
    • Number of Grants: 7
    • Number of Funders: 7

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $5,000,0002021 Doris & Donald Fisher FoundationThe Grant will be used for making grants in such manner as Grantee determines to be most appropriate for furthering the Grantee's charitable purposes.
    $220,0002021 CLIMATEWORKS FOUNDATIONTo support fast action on super pollutants globally
    $200,0002021 The William & Flora Hewlett FoundationFOR THE PISCES CONSERVATION FELLOWSHIP PROGRAM
    $25,0002022 New Venture FundENVIRONMENTAL PROGRAMS
    $10,0002020 Bitter End Foundation IncAssisted in purchasing fortinet program, a solution that protects the entity's internet servers. P.E.S.C.E.S provides prevention services, education and entreprenerurial training to communities in puerto rico's southeastern region, fostering socioeconomic development for the residents in the area.

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $174,974,858
    • Number of Grants: 1,433
    • Number of Recipients: 494

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $2,250,0002022 Tides CenterTo support Mosaic
    $2,000,0002024 Tides CenterFor general operating support of Mosaic.
    $2,000,0002021 Conservation International FoundationTo support a freshwater initiative
    $2,000,0002020 Conservation International FoundationTo support a freshwater initiative.
    $1,850,0002022 Water FoundationFor general operating support and to advance smart water approaches.
    $1,500,0002021 Tides CenterTo support Mosaic to build infrastructure for the environmental movement
    $1,500,0002020 Water FoundationFor general operating support.
    $600,0002021 The Partnership Project Action FundTo support Methane Partners Campaign to reduce emissions of super pollutants
    $594,0002021 Justice OutsideTo support equity and inclusion in environmental education
    $516,0002022 North Carolina State UniversityTo build capacity for evaluation in environmental education.
    $500,0002024 Civic Space FoundationTo support community building events in San Francisco.
    $500,0002024 Conservation International FoundationTo support the Spend Down Fund.
    $500,0002024 INTERNATIONAL COUNCIL ON CLEAN TRANSPORTATIONTo reduce emissions of super pollutants.
    $500,0002022 Conservation International FoundationFor general operating support.
    $500,0002022 INTERNATIONAL COUNCIL ON CLEAN TRANSPORTATIONTo reduce emissions of super pollutants.
    $500,0002022 Water FoundationFor general operating support.
    $500,0002021 INTERNATIONAL COUNCIL ON CLEAN TRANSPORTATIONTo reduce emissions of super pollutants
    $500,0002020 INTERNATIONAL COUNCIL ON CLEAN TRANSPORTATIONTo reduce emissions of super pollutants.
    $450,0002024 Justice OutsideTo support environmental education and for general operating support.
    $450,0002022 Energy Foundation ChinaTo support research on super pollutant mitigation.
    $450,0002022 Energy Foundation ChinaTo support research on super pollutant mitigation.
    $425,0002024 Energy Foundation ChinaTo support research on super pollutant mitigation.
    $425,0002024 Energy Foundation ChinaTo support research on super pollutant mitigation.
    $400,0002020 STANFORD UNIVERSITYTo support environmental education.
    $350,0002024 ENVIRONMENTAL GRANTMAKERS ASSOCIATIONTo support the Blue Sky Funders Forum.

    References

    1. “Robert Fisher.” Forbes. July 29, 2019. Accessed July 29, 2019. https://www.forbes.com/profile/robert-fisher/#3f3bee2dea6e.
    2. Partners. Accessed July 20, 2019. https://piscesfoundation.org/partners/
    3. Williams, Tate. “Inside the Pisces Foundation: A New Environmental Grantmaker Emerges.” November 30, 2015. https://www.insidephilanthropy.com/home/2015/11/30/inside-the-pisces-foundation-a-new-environmental-grantmaker.html
    4. Beckman, David S. “The Threats to Our Drinking Water.” The New York Times. August 6, 2014. Accessed July 20, 2019. https://www.nytimes.com/2014/08/07/opinion/the-threats-to-our-drinking-water.html
    5. News Editor. “Foundations Pledge $4 Billion Climate ‘Down Payment.’” September 26, 2018. https://ens-newswire.com/2018/09/26/foundations-pledge-4-billion-climate-down-payment/
    6. Morris, Jason. “The Story of Us: A Shared Narrative to Expand Our Movement.” Pisces Foundation. June 11, 2019.  https://piscesfoundation.org/the-story-of-us-shared-narrative/
    7. Matthiessen, Connie. “Big Funders Take a Symbolic Stand through the Courage Project.” Inside Philanthropy, June 30, 2025. https://www.insidephilanthropy.com/home/big-funders-take-a-symbolic-stand-through-the-courage-project. 
    8. Robert Fisher. Forbes. Accessed July 20, 2019. https://www.forbes.com/profile/robert-fisher/?list=billionaires#7dcdd775ea6e
    9. Mehta, Seema; Menezes, Ryan and Moore Malloy. “How Eight Elite San Francisco Families Funded Gavin Newsom’s Political Ascent.” Los Angeles Times. September 7, 2018. https://www.latimes.com/projects/la-pol-ca-gavin-newsom-san-francisco-money/
    10. David S. Beckman. Contributor. Huffington Post. Accessed July 20, 2019. https://www.huffpost.com/author/david-s-beckman