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1p Foundation is a private trust based in LOS ANGELES, CA. The foundation received its IRS ruling in 2013. The principal officer is Hcvt Llp. It holds total assets of $56.7M. Annual income is reported at $11.2M. Total assets have grown from $4.1M in 2012 to $56.7M in 2024. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. Funding is distributed across 5 states, including California, New York, Texas. According to available records, 1p Foundation has made 28 grants totaling $5.4M, with a median grant of $18K. Annual giving has decreased from $4.1M in 2022 to $1.4M in 2023. Individual grants have ranged from $500 to $1.7M, with an average award of $194K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Pennsylvania, California, Virginia, which account for 86% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$13K
Average Grant
$281K
Largest Grant
$1.7M
Based on 8 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
1p Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in PA, CA, VA.
1p Foundation has distributed a total of $5.4M across 28 grants. The median grant size is $18K, with an average of $194K. Individual grants have ranged from $500 to $1.7M.
1p Foundation typically selects its grantees rather than accepting unsolicited proposals.
1p Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Adam Miller | TRUSTEE | $0 | $0 | N/A |
| Brian Culot | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$56.7M
Fair Market Value
N/A
Net Worth
$56.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
28
Total Giving
$5.4M
Average Grant
$194K
Median Grant
$18K
Unique Recipients
14
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Better Angels United IncGENERAL SUPPORT | Los Angeles, CA | $875K | 2023 |
| Food Allergy Research & Education IncGENERAL SUPPORT | Mclean, VA | $333K | 2023 |
| 97percentorg IncGENERAL SUPPORT | Los Angeles, CA | $100K | 2023 |
| Make Good IncGENERAL SUPPORT | Los Angeles, CA | $25K | 2023 |
| Windward SchoolGENERAL SUPPORT | Los Angeles, CA | $20K | 2023 |
| The Sola I Can FoundationGENERAL SUPPORT | Los Angeles, CA | $1K | 2023 |
| Trustees Of The University Of PennsylvaniaGENERAL SUPPORT | Philadelphia, PA | $1.7M | 2022 |
| Los Angeles Regional Food BankGENERAL SUPPORT | Los Angeles, CA | $18K | 2022 |
| Save The Children Federation IncGENERAL SUPPORT | Fairfield, CT | $5K | 2022 |
| Tappan Zee High School AlumniGENERAL SUPPORT | Orangeburg, NY | $5K | 2022 |
| Baby2babyGENERAL SUPPORT | Los Angeles, CA | $5K | 2022 |
| La-Tech OrgGENERAL SUPPORT | Santa Monica, CA | $4K | 2022 |
| Wags And WalksGENERAL SUPPORT | Los Angeles, CA | $3K | 2022 |
| First Break AcademyGENERAL SUPPORT | Carson, CA | $500 | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA