Anchored Foundation
Anchored Foundation is a private foundation, based in Cupertino, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.1M in total assets. In 2024, it awarded 11 grants totaling $286K. Net investment income was $99K.
Key facts about Anchored Foundation
- EIN
- 85-1124854
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $285,670
- Grants made (2024)
- 11
- Average grant
- $25,970
- Median grant
- $5,000
- New grantees (estimate)
- 80% first-time grantees (8 of 10, 2024)
- Total assets
- $7,078,452
- Primary geography
- Ohio (78% 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 Anchored Foundation funds
By grant dollars, the top recipient states for Anchored Foundation's 11 itemized 2024 grants were Ohio (78%) and California (22%). The most frequent recipient cities were Cincinnati, OH (2 grants), Sun Valley, CA (2 grants) and Rosemead, CA (2 grants). 18% of grants with a stated purpose were for general or operating support. Recurring purposes include "Elderly CARE,LOCAL Church Ministry" (7 grants).
Is Anchored Foundation open to new grantees?
80%
first-time grantees, 2024
In 2024, 8 of 10 grantees (80%) were first-time recipients. 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 IRS Form 990-PF grant lists (2021–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Anchored Foundation
- How to evaluate Anchored Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.1M
+3.8% YoY
Annual Giving
$286K
+613.6% YoY
Grant Count
11
+120.0% YoY
Avg Grant Size
$26K
+224.4% YoY
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.
About Anchored Foundation
Based on IRS filings
Anchored Foundation is a private foundation, based in Cupertino, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.1M in total assets. In 2024, it awarded 11 grants totaling $286K. Net investment income was $99K.
Ready to take the next step with Anchored Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 11 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,078,452 | $6,818,221 | $667,289 |
| Revenue | $585,035 | $6,211,226 | $-13,171 |
| Expenses | $324,997 | $60,507 | $62,115 |
| Qualifying Distributions | $285,670 | $40,030 | $36,300 |
| Net Investment Income | $99,101 | $12,888 | $14,890 |
| Distributable Amount | $347,396 | $35,928 | $25,450 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Fidelity Charitable Gift Fund ($223,250 across 2 grants), The Master's Seminary ($33,300), Lighthouse Bible Church San Jose ($10,045).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kuan Wen Su | President | 5 | — |
| Rebecca Su | Secretary | 5 | — |
| Minge Su | CFO | 5 | — |
Frequently Asked Questions
How large is Anchored Foundation?
As of 2024, Anchored Foundation holds $7.1M in total assets with $585K in annual revenue. It awarded 11 grants totaling $286K in 2024.
Where does Anchored Foundation operate?
Anchored Foundation has awarded grants in California, Ohio, Texas.
What size grants does Anchored Foundation award?
In 2024, Anchored Foundation awarded 11 grants totaling $286K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Anchored Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Anchored Foundation reported a distributable amount of $347K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.