477plus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WOODLAND HILLS, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $945K in total assets. In 2024, it awarded 2 grants totaling $396K. Net investment income was $28K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$945K
-23.8% YoY
Annual Giving
$396K
Grant Count
2
Avg Grant Size
$198K
About 477plus Foundation
Based on IRS filings
477plus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WOODLAND HILLS, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $945K in total assets. In 2024, it awarded 2 grants totaling $396K. Net investment income was $28K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $945,238 | $1,239,907 | $1,163,537 |
| Revenue | $121,363 | $84,937 | $69,618 |
| Expenses | $416,032 | $8,567 | $906,081 |
| Qualifying Distributions | $406,830 | — | $900,000 |
| Net Investment Income | $27,658 | $22,617 | $6,591 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Living Room International ($340,000), Westmont College ($56,412).
| Recipient | Purpose | Amount |
|---|---|---|
| LIVING ROOM INTERNATIONAL REDDING, CA | PROVIDE FINANCIAL ASSISTANCE TO THE ONGOING OPERATION OF THE RECEIVING ORGANIZATION | $340,000 |
| WESTMONT COLLEGE SANTA BARBARA, CA | SCHOLARSHIP | $56,412 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY LANCTOT-HERBERT | President | 2 | — |
| MEL HERBERT | Secretary | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is 477plus Foundation?
477plus Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WOODLAND HILLS, CA. It holds $945K in total assets as of 2024.
How large is 477plus Foundation?
As of 2024, 477plus Foundation holds $945K in total assets with $121K in annual revenue. It awarded 2 grants totaling $396K in 2024.
Where does 477plus Foundation operate?
477plus Foundation has awarded grants in California.
What size grants does 477plus Foundation award?
In 2024, 477plus Foundation awarded 2 grants totaling $396K — an average of about $198K per grant, based on its IRS Form 990 filings.
What is 477plus Foundation's EIN?
477plus Foundation's EIN (Employer Identification Number) is 87-3687116. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in 477plus Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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