Addison Labs Foundation is a private foundation focused on Education, based in SAN FRANCISCO, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it made $7.9M in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.3M
+1791.3% YoY
Revenue
$7.8M
+1550.7% YoY
Qualifying Distributions
$7.9M
+1594.0% YoY
Expenses
$9K
-76.7% YoY
Under IRS private-foundation payout rules, Addison Labs Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About Addison Labs Foundation
Based on IRS filings
Addison Labs Foundation is a private foundation focused on Education, based in SAN FRANCISCO, CA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it made $7.9M in qualifying distributions.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,269,436 | $437,241 | — |
| Revenue | $7,841,000 | $475,000 | — |
| Expenses | $8,805 | $37,759 | — |
| Qualifying Distributions | $7,852,131 | $463,536 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $4,852 | $1,444 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARBARA BASS BAKAR | DIRECTOR/PRESIDENT | 1 | — |
| BEN HERMALIN | DIRECTOR | 1 | — |
| JENNIFER CHAYES | DIRECTOR | 1 | — |
| KATHLEEN A MCCORMICK | DIRECTOR/TREASURER | 1 | — |
| RICHARD L GREENE | DIRECTOR | 1 | — |
| SHARON HASEGAWA | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Addison Labs Foundation?
Addison Labs Foundation is a private foundation focused on Education, based in SAN FRANCISCO, CA. It holds $8.3M in total assets as of 2024.
How large is Addison Labs Foundation?
As of 2024, Addison Labs Foundation holds $8.3M in total assets with $7.8M in annual revenue.
How much is Addison Labs Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Addison Labs Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Addison Labs Foundation's EIN?
Addison Labs Foundation's EIN (Employer Identification Number) is 88-4346172. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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