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Strongpoint Foundation is a private corporation based in LOS ALTOS, CA. The foundation received its IRS ruling in 2021. The principal officer is Dave Babulak. It holds total assets of $1.7M. Annual income is reported at $3.1M. Total assets have grown from $2M in 2019 to $2.4M in 2023. The foundation is governed by 3 officers and trustees. 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 2020 to 2023. The foundation primarily funds organizations in California, Virginia and Michigan. According to available records, Strongpoint Foundation has made 28 grants totaling $2.6M, with a median grant of $10K. The foundation has distributed between $490K and $1.5M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $1.5M distributed across 14 grants. Individual grants have ranged from $1K to $700K, with an average award of $92K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in California, Michigan, Virginia, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$11K
Average Grant
$73K
Largest Grant
$500K
Based on 8 grants from the most recent 990-PF filing.
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.
Strongpoint Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in CA, MI, VA.
Strongpoint Foundation has distributed a total of $2.6M across 28 grants. The median grant size is $10K, with an average of $92K. Individual grants have ranged from $1K to $700K.
Strongpoint Foundation typically selects its grantees rather than accepting unsolicited proposals.
Strongpoint Foundation is headquartered in LOS ALTOS, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David Babulak | President | $0 | $0 | N/A |
| John Mccarthy | Secretary | $0 | $0 | N/A |
| Lien Babulak | Treasurer | $0 | $0 | N/A |
Total Giving
$495K
Total Assets
$2.4M
Fair Market Value
$2.4M
Net Worth
$2.4M
Grants Paid
$490K
Contributions
$450K
Net Investment Income
$248K
Distribution Amount
$115K
Total Grants
28
Total Giving
$2.6M
Average Grant
$92K
Median Grant
$10K
Unique Recipients
10
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Second Harvest Of Silicon ValleyUnrestricted gift. | San Jose, CA | $450K | 2023 |
| University Of MichiganAROTC Normandy Leadership and Historical Research Studies Fund | Ann Arbor, MI | $12K | 2023 |
| Fresh Lifelines For YouthGeneral | Milpitas, CA | $10K | 2023 |
| Sunnyvale Community ServicesUnrestricted gift. | Sunnyvale, CA | $10K | 2023 |
| Glide FoundationGeneral | San Francisco, CA | $5K | 2023 |
| United States Healthful FoodUnrestricted gift. | Oakland, CA | $3K | 2023 |
| JdfrUnrestricted gift | New York, NY | $10K | 2022 |
| Hispanic Foundation Of SiliconGeneral | San Jose, CA | $2K | 2022 |
| Institute For JusticeUnrestricted gift | Arlington, VA | $30K | 2021 |
| Sjsu Human RightsUnrestricted gift. | San Jose, CA | $10K | 2021 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA