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Cismas Foundation is a private corporation based in SARATOGA, CA. The foundation received its IRS ruling in 2023. The principal officer is Sorin Cismas. It holds total assets of $4M. Annual income is reported at $2.1M. Total assets have grown from $466K in 2019 to $2M in 2023. Support of Romanian cultural literary scientific and educational activities. Tax records are available from 2020 to 2023. Grantmaking is concentrated in California. According to available records, Cismas Foundation has made 30 grants totaling $251K, with a median grant of $3K. The foundation has distributed between $44K and $78K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $78K distributed across 14 grants. Individual grants have ranged from $900 to $50K, with an average award of $8K. The foundation has supported 16 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$6K
Largest Grant
$19K
Based on 7 grants from the most recent 990-PF filing.
Help for low income family going through hardship
Expenses: $50K
Contribution for the opening of a Medical Center in Romania for much needed medical infrastructure
Expenses: $17K
Humanitarian help for medical hardship
Expenses: $2K
Support of Romanian cultural literary scientific and educational activities. Based on available records, the foundation has funded 30 grants. Its grantmaking reaches organizations primarily in CA.
Cismas Foundation has distributed a total of $251K across 30 grants. The median grant size is $3K, with an average of $8K. Individual grants have ranged from $900 to $50K.
The application deadline is N A. Awards are made consistent with The Cismas Foundation Mission for charitable, scientific, and educational purposes.
Cismas Foundation is headquartered in SARATOGA, CA.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$95K
Total Assets
$2M
Fair Market Value
$3M
Net Worth
$2M
Grants Paid
$60K
Contributions
$394K
Net Investment Income
$105K
Distribution Amount
N/A
Total: $2M
Total Grants
30
Total Giving
$251K
Average Grant
$8K
Median Grant
$3K
Unique Recipients
16
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Colegiul National Dr Ioan MesotaComputer Science Laboratory | Brasov | $49K | 2023 |
| The Cismas FoundationREBUILD OF A HISTORIC ROMANIAN '80S HOME COMPUTER | Saratoga, CA | $10K | 2023 |
| Computer History MuseumContinue Computer History Museum Mission | Mountain View, CA | $1K | 2023 |
| Biserica Crestina Baptista Emanuelorphan care | Ploiesti | $900 | 2023 |
| Asociatia ConnectionsRomanian culture and history | Bucuresti | $19K | 2022 |
| Museum Of Recent Artart exposition and album | Bucharest | $5K | 2022 |
| Martina Maricaaward for academic excellence and outstanding results in competitive tennis | San Jose, CA | $5K | 2022 |
| Andra Enacheaward for academic excellence and outstanding results in competitive volleyball | Campbell, CA | $3K | 2022 |
| Alexia Enacheaward for academic excellence and outstanding results in competitive volleyball | Campbell, CA | $3K | 2022 |
| Centrul Medical Sf Andreimedical center | Pianu De Sus | $2K | 2022 |
| Anca Stefanmedical expenses | San Jose, CA | $3K | 2021 |
| Victor Zanahumanitarian help | Livermore, CA | $3K | 2021 |
| Catalin Porahumanitarian help | Santa Clara, CA | $1K | 2021 |
| Rozina Bachnerhumanitarian help | Bistrita | $900 | 2021 |
| Garofita MaricaHelp for low income family going through hardship | San Jose, CA | $50K | 2020 |
| Liliana StefanHumanitarian help for medical hardship | San Jose, CA | $2K | 2020 |