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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 N/A. Total assets have decreased from $46K in 2021 to $8K in 2023. The foundation is governed by 3 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 2021 to 2023. 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.
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.
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 | N/A |
| Sriram Viswanathan | SECRETARY & DIRECTOR | $0 | $0 | N/A |
| Nicholas Brathwaite | CFO & DIRECTOR | $0 | $0 | N/A |
Total Giving
$11K
Total Assets
$8K
Fair Market Value
$8K
Net Worth
$8K
Grants Paid
$10K
Contributions
N/A
Net Investment Income
N/A
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 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA