Aspen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 5 grants totaling $320K. Net investment income was $276K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
+4.2% YoY
Annual Giving
$320K
+45.5% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$64K
+45.5% YoY
Under IRS private-foundation payout rules, Aspen Foundation reported a distributable amount of $163K for 2024 — the minimum it must pay out in qualifying distributions.
About Aspen Foundation
Based on IRS filings
Aspen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 5 grants totaling $320K. Net investment income was $276K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,405,074 | $3,267,837 | $3,264,768 |
| Revenue | $483,172 | $245,857 | $-121,080 |
| Expenses | $345,935 | $242,788 | $222,905 |
| Qualifying Distributions | $326,410 | $225,200 | $204,199 |
| Net Investment Income | $275,938 | $133,945 | $778,382 |
| Distributable Amount | $162,784 | $145,631 | $144,426 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Tunnel to Towers Foundation ($175,000), Ucsf Foundation ($50,000), Ronald Mcdonald House ($45,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EHLERS-DANLOS SOCIETY NEW YORK, NY | CHARITABLE AID | $10,000 |
| UCSF FOUNDATION SAN FRANCISCO, CA | CHARITABLE AID | $50,000 |
| RONALD MCDONALD HOUSE RENO, NV | CHARITABLE AID | $45,000 |
| TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NY | CHARITABLE AID | $175,000 |
| VETERANS GUEST HOUSE RENO, NV | CHARITABLE AID | $40,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL G MACDONALD DEC 2325 | TRUSTEE | 1 | — |
| CATHERINE M MACDONALD | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Aspen Foundation?
Aspen Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RENO, NV. It holds $3.4M in total assets as of 2024.
How large is Aspen Foundation?
As of 2024, Aspen Foundation holds $3.4M in total assets with $483K in annual revenue. It awarded 5 grants totaling $320K in 2024.
Where does Aspen Foundation operate?
Aspen Foundation has awarded grants in California, Nevada, New York.
What size grants does Aspen Foundation award?
In 2024, Aspen Foundation awarded 5 grants totaling $320K — an average of about $64K per grant, based on its IRS Form 990 filings.
How much is Aspen Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Aspen Foundation reported a distributable amount of $163K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Aspen Foundation's EIN?
Aspen Foundation's EIN (Employer Identification Number) is 31-1595975. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Aspen Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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