Achieve Foundation Inc

Foundation · Grantmaker La Jolla, CA EIN: 84-3138953

Achieve Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in La Jolla, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $707K in total assets. In 2024, it awarded 11 grants totaling $39K. Net investment income was $5K.

Key facts about Achieve Foundation Inc

EIN
84-3138953
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$39,264
Grants made (2024)
11
Average grant
$3,569
Median grant
$2,000
New grantees (estimate)
45% first-time grantees (5 of 11, 2024)
Total assets
$707,020
Primary geography
California (67% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Achieve Foundation Inc funds

By grant dollars, the top recipient states for Achieve Foundation Inc's 11 itemized 2024 grants were California (67%) and Massachusetts (25%). The most frequent recipient cities were San Diego, CA (5 grants). 100% of grants with a stated purpose were for general or operating support.

Is Achieve Foundation Inc open to new grantees?

45%

first-time grantees, 2024

In 2024, 5 of 11 grantees (45%) were first-time recipients. First grants averaged $3K; repeat grants $4K. How we count

Medians: $2K first-time, $3K repeat.

  • 55% of 2024 grantees were also funded in 2023. Method
  • Giving grew 214% from 2021 to 2024. Method
  • In 2024 it paid out 165% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$707K

-69.3% YoY

Annual Giving

$39K

-41.5% YoY

Grant Count

11

-15.4% YoY

Avg Grant Size

$4K

-30.9% YoY

Under IRS private-foundation payout rules, Achieve Foundation Inc reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

About Achieve Foundation Inc

Based on IRS filings

Achieve Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in La Jolla, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $707K in total assets. In 2024, it awarded 11 grants totaling $39K. Net investment income was $5K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of all 11 itemized 2024 grant dollars.

Cities

San DiegoChula VistaEscondidoSioux FallsDublinLa JollaPalo AltoRockvilleSchuylkill HavenDeerfieldMonroe TownshipNew YorkOld BridgePonce

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$707,020$2,302,075$3,596,307
Revenue$-1,482,159$-1,096,005—
Expenses$45,915$78,628$142,456
Qualifying Distributions$39,264$67,132$134,756
Net Investment Income$5,332——
Distributable Amount$23,738$39,264$67,132

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K5 grants20204 grants20216 grants202213 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Cry America: $10KCry America$10KDeerfield Academy: $10KDeerfield Academy$10KSD Association of Physicians of Ind: $5KSD Association of Physiciansof Ind$5KFuTure Foundation: $5KFuTure Foundation$5KPenn state club: $3KPenn state club$3KThe Entrepreneur Academy: $2KThe Entrepreneur Academy$2KAmerican Kidney Fund: $2KAmerican Kidney Fund$2KVraj: $1KVraj$1KSan Diego Foundation: $1KSan Diego Foundation$1KClimate Future Initiative Inc: $764Climate Future Initiative Inc$764

Grant Size Distribution

39 grants across all recorded years

38<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Cry America ($10,000), Deerfield Academy ($10,000), SD Association of Physicians of Ind ($5,000).

RecipientPurposeAmount
Cry America San Diego, CAGeneral operation$10,000
Deerfield Academy Deerfield, MAGeneral operation$10,000
SD Association of Physicians of Ind Chula Vista, CAGeneral operation$5,000
FuTure Foundation San Diego, CAGeneral operation$5,000
Penn state club San Diego, CAGeneral operation$2,500
The Entrepreneur Academy San Diego, CAGeneral operation$2,000
American Kidney Fund Rockville, MDGeneral operation$1,500
VRAJ Schuylkill Haven, PAGeneral operation$1,000
San Diego Foundation San Diego, CAGeneral operation$1,000
Climate Future Initiative Inc La Jolla, CAGeneral operation$764

Leadership & Key People

Officers and directors from IRS filings

Achieve Foundation Inc is led by Manish Sheth, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Manish Sheth

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Krish Sheth

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Sahil Sheth

    Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Shashita R Inamdar

    Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Achieve Foundation Inc?

Achieve Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in La Jolla, CA. It holds $707K in total assets as of 2024.

How large is Achieve Foundation Inc?

As of 2024, Achieve Foundation Inc holds $707K in total assets with $-1,482,159 in annual revenue. It awarded 11 grants totaling $39K in 2024.

Where does Achieve Foundation Inc operate?

Achieve Foundation Inc has awarded grants in California, Massachusetts, Maryland, New Jersey, New York, Ohio, Pennsylvania, Puerto Rico, South Dakota.

What size grants does Achieve Foundation Inc award?

In 2024, Achieve Foundation Inc awarded 11 grants totaling $39K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Achieve Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Achieve Foundation Inc reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Achieve Foundation Inc's EIN?

Achieve Foundation Inc's EIN (Employer Identification Number) is 84-3138953. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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