//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Electric Planet Foundation is a private corporation based in NOVATO, CA. The foundation received its IRS ruling in 2014. The principal officer is Thomas G Suniville. It holds total assets of $269K. Annual income is reported at N/A. Total assets have grown from N/A in 2013 to $292K in 2023. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. According to available records, Electric Planet Foundation has made 4 grants totaling $820K, with a median grant of $225K. Annual giving has grown from $200K in 2020 to $250K in 2023. Grantmaking activity was highest in 2022 with $370K distributed across 2 grants. Individual grants have ranged from $70K to $300K, with an average award of $205K. The foundation has supported 3 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.
Electric Planet Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in CA.
Electric Planet Foundation has distributed a total of $820K across 4 grants. The median grant size is $225K, with an average of $205K. Individual grants have ranged from $70K to $300K.
Electric Planet Foundation typically selects its grantees rather than accepting unsolicited proposals.
Electric Planet Foundation is headquartered in NOVATO, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George F Gund Iv | PRESIDENT/SECRETARY/TREASU | $0 | $0 | N/A |
Total Giving
$303K
Total Assets
$292K
Fair Market Value
$292K
Net Worth
$292K
Grants Paid
$250K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$32K
Total Grants
4
Total Giving
$820K
Average Grant
$205K
Median Grant
$225K
Unique Recipients
3
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Empowered By LightGENERAL SUPPORT | Larkspur, CA | $250K | 2023 |
| Agricultural Institute Of MarinGENERAL SUPPORT | San Rafael, CA | $300K | 2022 |
| Human Needs ProjectGENERAL SUPPORT | San Rafael, CA | $70K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA