Afar Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. IRS filing data is available from 2020 through 2023. In 2023, it made $2K in qualifying distributions. Net investment income was $28.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Revenue
$555
+6066.7% YoY
Qualifying Distributions
$2K
-0.7% YoY
Expenses
$2K
-0.8% YoY
Under IRS private-foundation payout rules, Afar Foundation Inc reported a distributable amount of $35 for 2023 — the minimum it must pay out in qualifying distributions.
About Afar Foundation Inc
Based on IRS filings
Afar Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. IRS filing data is available from 2020 through 2023. In 2023, it made $2K in qualifying distributions. Net investment income was $28.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $1,657 | $3,878 |
| Revenue | $555 | $9 | — |
| Expenses | $2,212 | $2,230 | $2,057 |
| Qualifying Distributions | $2,210 | $2,225 | $2,050 |
| Net Investment Income | $28 | $4 | — |
| Distributable Amount | $35 | $128 | $234 |
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 2023
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2023.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH DIAZ | VICE PRESIDENT, SECRETARY, | 1 | — |
| GREGORY B SULLIVAN | PRESIDENT, TREASURER, DIRE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Afar Foundation Inc?
Afar Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN FRANCISCO, CA. It holds — in total assets as of 2023.
How much is Afar Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Afar Foundation Inc reported a distributable amount of $35 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Afar Foundation Inc's EIN?
Afar Foundation Inc's EIN (Employer Identification Number) is 27-0181444. IRS Form 990 filing data is available on this page for 2020–2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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