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Celesta Foundation is a private corporation based in SAN FRANCISCO, CA. The foundation received its IRS ruling in 2022. The principal officer is % Kuehnis & Associates Cpas Ll. It holds total assets of $8K. Annual income is reported at $1. The foundation operates in the area of philanthropy & grantmaking. According to available records, Celesta Foundation has made 3 grants totaling $60K, with a median grant of $25K. Annual giving has decreased from $50K in 2022 to $10K in 2023. Individual grants have ranged from $10K to $25K, with an average award of $20K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Celesta Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in CA.
Celesta Foundation has distributed a total of $60K across 3 grants. The median grant size is $25K, with an average of $20K. Individual grants have ranged from $10K to $25K.
Celesta Foundation typically selects its grantees rather than accepting unsolicited proposals.
Celesta Foundation is headquartered in SAN FRANCISCO, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Marks | CEO & DIRECTOR | $0 | $0 | $0 |
| Sriram Viswanathan | SECRETARY & DIRECTOR | $0 | $0 | $0 |
| Nicholas Brathwaite | CFO & DIRECTOR | $0 | $0 | $0 |
Total Giving
$11K
Total Assets
$8K
Fair Market Value
$8K
Net Worth
$8K
Grants Paid
$10K
Contributions
$0
Net Investment Income
$0
Distribution Amount
$493
Total Grants
3
Total Giving
$60K
Average Grant
$20K
Median Grant
$25K
Unique Recipients
2
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| College TrackTECHSURGE SUMMIT SPONSORSHIP | Oakland, CA | $10K | 2023 |
| World Affairs Council Of Northern CaliforniaDISCRETIONARY GRANT | San Francisco, CA | $25K | 2022 |
Other foundations that have funded Celesta Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Marks Family Foundation | $50K | 2021 | GENERAL CHARITABLE PURPOSE |
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