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Primordium Foundation is a private corporation based in COVINA, CA. The foundation received its IRS ruling in 2022. The principal officer is % Erika Reinhardt. It holds total assets of $5M. Annual income is reported at $2.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Primordium Foundation has made 5 grants totaling $1.3M, with a median grant of $132K. Annual giving has decreased from $1.2M in 2022 to $132K in 2023. Individual grants have ranged from $95K to $500K, with an average award of $265K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
Primordium Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in CA.
Primordium Foundation has distributed a total of $1.3M across 5 grants. The median grant size is $132K, with an average of $265K. Individual grants have ranged from $95K to $500K.
Primordium Foundation typically selects its grantees rather than accepting unsolicited proposals.
Primordium Foundation is headquartered in COVINA, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Erika Reinhardt | DIRECTOR/PRESIDENT | $0 | $0 | $0 |
| Peter Reinhardt | DIRECTOR/TREASURER/SECRETARY | $0 | $0 | $0 |
Total Giving
$180K
Total Assets
$4.8M
Fair Market Value
$5.2M
Net Worth
$4.8M
Grants Paid
$132K
Contributions
$0
Net Investment Income
$156K
Distribution Amount
$242K
Total: $0
Total Grants
5
Total Giving
$1.3M
Average Grant
$265K
Median Grant
$132K
Unique Recipients
2
Most Common Grant
$95K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Michael RubelThe purpose of the telescope project is to enhance scientific observations in deep space for scientific and educational purposes. | Burbank, CA | $132K | 2023 |
| Spark Climate SolutionsThe purpose of the Grant is to support charitable, scientific, and educational purposes related to climate change solutions. | Covina, CA | $500K | 2022 |
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