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Inspiral Foundation is a private corporation based in PLEASANTON, CA. The foundation received its IRS ruling in 2023. The principal officer is Byron Lai. It holds total assets of $2.1M. Annual income is reported at $4M. Total assets have grown from N/A in 2021 to $2.1M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2024. According to available records, Inspiral Foundation has made 12 grants totaling $19K, with a median grant of $375. Annual giving has grown from $1K in 2023 to $18K in 2024. Individual grants have ranged from N/A to $6K, with an average award of $2K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in California, Wisconsin, Pennsylvania, which account for 83% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
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.
Inspiral Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in CA, WI, PA.
Inspiral Foundation has distributed a total of $19K across 12 grants. The median grant size is $375, with an average of $2K. Individual grants have ranged from N/A to $6K.
Inspiral Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (872756034) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Inspiral Foundation is headquartered in PLEASANTON, CA. While based in CA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| KATHLEEN LAI | SECRETARY | $20K | $0 | $20K |
| BYRON LAI | PRESIDENT | $20K | $0 | $20K |
| KAREN LAI | TREASURER | $10K | $0 | $10K |
| AARON LAI | OFFICER | $10K | $0 | $10K |
Total Giving
$18K
Total Assets
$2.1M
Fair Market Value
$2.4M
Net Worth
$2M
Grants Paid
$18K
Contributions
$1.6M
Net Investment Income
$1M
Distribution Amount
$38K
Total: $1.7M
Total Grants
12
Total Giving
$19K
Average Grant
$2K
Median Grant
$375
Unique Recipients
9
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| UNVIERSITY OF WISCONSINDONATION | MADISON, WI | $6K | 2024 |
| UNIVERSITY OF CALIFORNIA BERKELEYDONATION | BERKELEY, CA | $4K | 2024 |
| CARNEGIE MELLON UNIVERSITYDONATION | PITTSBURGH, PA | $4K | 2024 |
| UNIVERSITY OF CALIFORNIA LOS ANGELEDONATION | LOS ANGELES, CA | $3K | 2024 |
| STANFORD HOSPITAL FOUNDATIONDONATION | STANFORD, CA | $3K | 2024 |
| POLICE CHIEFS ASSOCIATIONDONATION | SACRAMENTO, CA | $100 | 2024 |
| COALITION FOR WOMEN'S CANCERSDONATION | SOUTHAMPTON, NY | N/A | 2024 |
| American Red CrossDONATION | Los Angeles, CA | $250 | 2023 |
| American Lung AssociationDONATION | Chicago, IL | $250 | 2023 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA