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Protostar Foundation is a private corporation based in SAN DIEGO, CA. The foundation received its IRS ruling in 2016. It holds total assets of $186K. Annual income is reported at $269K. Total assets have grown from $42K in 2021 to $186K in 2024. The foundation is governed by 2 officers and trustees. The foundation hosts the matt stevenson junior tennis tournament, an annual usta-sanctioned junior tennis tournament, that provides a forum for providing education information to pre-teens and teens about mental health, depression, and suicide prevention. Net proceeds from the tournament benefit the matt stevenson junior tennis fund, which in turn makes grants to nonprofit junior tennis programs that serve kids from low-to-moderate income families. Originally hosted in san diego, ca, the tournament expanded to new york and washington, dc during 2021. Tax records are available from 2021 to 2024. According to available records, Protostar Foundation has made 14 grants totaling $58K, with a median grant of $5K. The foundation has distributed between $27K and $31K annually from 2021 to 2022. Individual grants have ranged from $1K to $10K, with an average award of $4K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in New York and California. 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.
The foundation hosts the matt stevenson junior tennis tournament, an annual usta-sanctioned junior tennis tournament, that provides a forum for providing education information to pre-teens and teens about mental health, depression, and suicide prevention. Net proceeds from the tournament benefit the matt stevenson junior tennis fund, which in turn makes grants to nonprofit junior tennis programs that serve kids from low-to-moderate income families. Originally hosted in san diego, ca, the tournament expanded to new york and washington, dc during 2021.
Expenses: $24K
The foundation hosts the matt stevenson junior tennis tournament, an annual usta-sanctioned junior tennis tournament, that provides a forum for providing education information to pre-teens and teens about mental health, depression, and suicide prevention. Net proceeds from the tournament benefit the matt stevenson junior tennis fund, which in turn makes grants to nonprofit junior tennis programs that serve kids from low-to-moderate income families. Originally hosted in san diego, ca, the tournament expanded to new york and washington, dc during 2021. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in NY, CA.
Protostar Foundation has distributed a total of $58K across 14 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $1K to $10K.
Protostar Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (811864222) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Protostar Foundation is headquartered in SAN DIEGO, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary P Poon | PRESIDENT, CHAIRMAN | $0 | $0 | N/A |
| Richard Hartley | TREASURER, DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$186K
Fair Market Value
N/A
Net Worth
$186K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
14
Total Giving
$58K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
11
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| City Parks FoundationGENERAL | New York, NY | $6K | 2022 |
| Kings County Tennis League IncGENERAL | Brooklyn, NY | $5K | 2022 |
| Diversionary Theatre Productions IncGENERAL | San Diego, CA | $5K | 2022 |
| North Coast Repertory TheatreGENERAL | Solana Beach, CA | $5K | 2022 |
| Junior Tennis FoundationGENERAL | West Harrison, NY | $2K | 2022 |
| East County Community Tennis AssociationGENERAL | La Mesa, CA | $2K | 2022 |
| Mountain View Sports & Racquet ClubGENERAL | San Diego, CA | $2K | 2022 |
| American Foundation For Suicide PreventionGENERAL | New York, NY | $1K | 2022 |
| Nets FoundationGENERAL | Brooklyn, NY | $10K | 2021 |
| Unscripted LearningGENERAL | San Diego, CA | $4K | 2021 |
| Ipalpiti Artists International IncGENERAL | Los Angeles, CA | $2K | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA