516 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED BLUFF, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $775K in total assets. In 2024, it awarded 5 grants totaling $58K. Net investment income was $10K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$775K
-6.5% YoY
Annual Giving
$58K
-14.7% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$12K
+2.3% YoY
About 516 Foundation
Based on IRS filings
516 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED BLUFF, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $775K in total assets. In 2024, it awarded 5 grants totaling $58K. Net investment income was $10K.
Focus Areas
Ready to take the next step with 516 Foundation?
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 | $774,505 | $828,756 | $896,562 |
| Revenue | $11,898 | — | — |
| Expenses | $59,926 | $67,806 | $37,500 |
| Qualifying Distributions | $57,806 | $67,806 | $37,500 |
| Net Investment Income | $10,498 | — | — |
| Distributable Amount | $39,041 | $42,486 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK GUNSAULS | PRESIDENT | — | — |
| DEDREA GUNSAULS | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Cottage Health
SANTA BARBARA, CA
Assets
$172.1M
Grants
6
Total Given
$179K
International Right of Way Association
GARDENA, CA
Assets
$5.7M
Grants
1
Total Given
$9K
Quince Interfaith Housing Corporation
LEMON GROVE, CA
Assets
—
Grants
0
Total Given
—
William & Lillian Schwartz Charitable Foundation
LA JOLLA, CA
Assets
$325K
Grants
1
Total Given
$3K
Covia Foundation
GLENDALE, CA
Assets
$15.2M
Grants
1
Total Given
$4.8M
Yale Ave Housing Inc
LAKE FOREST, CA
Assets
$25K
Grants
1
Total Given
$40K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with 516 Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities