Anchored Foundation
Anchored Foundation is a private foundation based in Cupertino, California. Its 2024 filing reports grants to charitable organizations for general support, education scholarships, elderly care, and local church ministry.
Anchored Foundation at a glance
In short: Anchored Foundation gave $286K across 11 grants in 2024 (avg $26K), mostly in Ohio. 80% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $285,670
- +613.6% vs 2023
- Grants made (2024)
- 11
- +120.0% vs 2023
- Average grant
- $25,970
- +224.4% vs 2023
- Median grant
- $5,000
- Total assets
- $7,078,452
- +3.8% vs 2023
- New grantees (estimate)
- 80% first-time grantees (8 of 10, 2024; small sample)
- Primary geography
- Ohio (78% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Anchored Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 22408 Rancho Ventura St, Cupertino, CA 95014
Phone: (626) 243-3098
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Anchored Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Fidelity Charitable Gift Fund ($223K across 2 grants). Together the top 10 received $286K.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 25 grants of 26 (96%).
Geographic Focus
Where this funder awards grants
In 2024, 78% of grant dollars went to recipients in Ohio and 22% to recipients in California. The filing also lists a grant to a Texas recipient; Texas accounted for 0% of grant dollars.
Grant Distribution by State
Share of 2024 grant dollars across all 11 itemized grants.
States
Cities
Is Anchored Foundation open to new grantees?
80%
first-time grantees, 2024
In 2024, 8 of 10 grantees (80%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $34K; repeat grants $5K. How we count
Medians: $4K first-time, $5K repeat.
- 20% of 2024 grantees were also funded in 2023. Method
- Giving grew 445% from 2021 to 2024. Method
- In 2024 it paid out 82% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $35K (2022) to $286K (2024). In 2024 it made 11 grants totaling $286K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Gift Fund Cincinnati, OH | General Support | $196,858 |
| The Master's Seminary Sun Valley, CA | Education Scholarship | $33,300 |
| Fidelity Charitable Gift Fund Cincinnati, OH | General Support | $26,392 |
| Lighthouse Bible Church San Jose Sunnyvale, CA | Elderly CARE,LOCAL Church Ministry | $10,045 |
| Grace Community Church Sun Valley, CA | Elderly CARE,LOCAL Church Ministry | $10,000 |
| Bread of Life Church Rosemead, CA | Elderly CARE,LOCAL Church Ministry | $5,000 |
| Signal Network Fellowship Rosemead, CA | Elderly CARE,LOCAL Church Ministry | $2,000 |
| Fit Kids Menlo Park, CA | Education Scholarship | $850 |
| Bible Study Fellowship Internationa Grapevine, TX | Elderly CARE,LOCAL Church Ministry | $600 |
| Evangelical Formosan Church LA El Monte, CA | Elderly CARE,LOCAL Church Ministry | $500 |
Ready to take the next step with Anchored Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $7,078,452 | $585,035 | $324,997 | $285,670 | 11 | $285,670 | $99,101 | $347,396 |
| 2023 | $6,818,221 | $6,211,226 | $60,507 | $40,030 | 5 | $40,030 | $12,888 | $35,928 |
| 2022 | $667,289 | $-13,171 | $62,115 | $35,050 | 5 | $36,300 | $14,890 | $25,450 |
| 2021 | $742,538 | $1,171,274 | $74,639 | $52,400 | 5 | $52,400 | $472,577 | — |
| 2020 | $112,455 | $118,534 | $6,079 | — | — | — | — | — |
Under IRS private-foundation payout rules, Anchored Foundation reported a distributable amount of $347K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Grantmaking
In filing year 2024, the foundation gave 11 grants totaling $285,670. Grant amounts ranged from $125 to $196,858, with a median grant of $5,000. The largest listed grants were $196,858 to Fidelity Charitable Gift Fund for general support; $33,300 to The Master's Seminary for an education scholarship; and $26,392 to Fidelity Charitable Gift Fund for general support. Other listed grants included $10,045 to Lighthouse Bible Church San Jose and $10,000 to Grace Community Church, each for elderly care and local church ministry.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Kuan Wen Su as President, Rebecca Su as Secretary, and Minge Su as CFO.
Anchored Foundation is led by Kuan Wen Su, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kuan Wen Su
President
On filings since 2020
5 hrs/week
No compensation reported
Rebecca Su
Secretary
On filings since 2020
5 hrs/week
No compensation reported
Minge Su
CFO
New on the 2024 filing
5 hrs/week
No compensation reported
Former officers (1)
- Former: Ming Su (2020–2023) — CFO
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.
Frequently asked questions about Anchored Foundation
How much does Anchored Foundation give each year?
Anchored Foundation gave $286K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $40K across 5 grants.
What is Anchored Foundation's typical grant size?
Anchored Foundation's median grant in 2024 was $5,000, and its average grant was $25,970, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Anchored Foundation that year got $34K on average.
Where does Anchored Foundation give grants?
Anchored Foundation gives mostly in Ohio: 78% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was California (22%). The most frequent recipient cities were Cincinnati, OH (2 grants), Sun Valley, CA (2 grants) and Rosemead, CA (2 grants).
Does Anchored Foundation give general operating support?
Yes: 18% of Anchored Foundation's 2024 grants with a stated purpose (2 of 11) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Elderly CARE,LOCAL Church Ministry" (7 grants).
Who are Anchored Foundation's largest grantees?
Anchored Foundation's largest 2024 grantees include Fidelity Charitable Gift Fund ($223,250 across 2 grants), The Master's Seminary ($33,300) and Lighthouse Bible Church San Jose ($10,045), according to its 2024 IRS Form 990-PF. Together they received 93% of its itemized 2024 grant dollars.
How large is Anchored Foundation?
Anchored Foundation reported $7.1M in total assets on its 2024 IRS Form 990-PF. It paid out $286K in qualifying distributions that year, against a required minimum of $347K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
How do I apply for a grant from Anchored Foundation?
The foundation does not accept unsolicited requests for funds; it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Anchored Foundation's EIN?
Anchored Foundation's EIN (Employer Identification Number) is 85-1124854. IRS Form 990 filing data is available on this page for 2020–2024.
Does Anchored Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Other open foundation grants in California
California Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Anchored Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Corbet Family Foundation
New Canaan, CT
The Corbet Family Foundation supports churches, community organizations, and other charitable causes, primarily in Connecticut, with a small share of giving in New York. In 2025, it awarded 23 grants ranging from $100 to $200,500, with a median grant of $1,000. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$1.5M
Grants
23
Total Given
$458K
Charles N Mathewson Foundation
Reno, NV
Assets
—
Grants
5
Total Given
$278K
Fragale Family Foundation UA
Sewickley, PA
Assets
$85K
Grants
2
Total Given
$4K
The Mittlemann Family Foundation
New York, NY
The Mittlemann Family Foundation supports arts and cultural organizations, churches, and other charitable nonprofits. In 2024, grants ranged from $50 to $21,500, with a median of $4,250, and went mainly to organizations in New York and California, as well as Massachusetts and Iowa. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$1.7M
Grants
12
Total Given
$74K
Max B Tharpe Charitable Foundation
Tamarac, FL
Assets
$69K
Grants
4
Total Given
$42K
Giggle Foundation Inc
Newport Beach, CA
Assets
$49K
Grants
3
Total Given
$5K
More similar funders
More Funders in California
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Anchored Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Anchored Foundation down — hundreds of funders to go?