Astera Institute
Astera Institute is a private foundation focused on Science & Technology, based in Berkeley, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6B in total assets. In 2024, it awarded 4 grants totaling $83.3M. Net investment income was $90.9M.
Astera Institute at a glance
In short: Astera Institute gave $83.3M across 4 grants in 2024 (avg $20.8M), mostly in Indiana. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $83,250,631
- Grants made (2024)
- 4
- Average grant
- $20,812,658
- Median grant
- $18,865,688
- Total assets
- $2,621,829,919
- +30.8% vs 2023
- Primary geography
- Indiana (55% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Astera Institute funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Renaissance Charitable Foundation ($45.5M). Together the top 4 received $83.3M.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was $5M or more: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How Astera Institute gives
- In 2024 it paid out 77% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 4 grants totaling $83.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Renaissance Charitable Foundation Indianapolis, IN | General Support | $45,469,255 |
| Charityvest Inc Fairfield, CT | Support Exempt Purpose | $36,202,097 |
| Prime Coalition Inc Cambridge, MA | General Support | $1,529,279 |
| Standford University Stanford, CA | Standford University Development | $50,000 |
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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 | $2,621,829,919 | $72,283,069 | $106,158,690 | $83,250,631 | 4 | $97,359,727 | $90,872,805 | $125,844,914 |
| 2023 | $2,003,858,714 | $58,727,235 | $27,504,754 | — | — | $5,370,421 | $22,629,474 | — |
| 2022 | $1,736,656,183 | $175,790,313 | $33,283,833 | — | — | $59,627,921 | $131,337,680 | — |
| 2021 | $1,690,396,167 | $1,353,526,926 | $35,238,803 | — | — | $56,085,880 | $1,339,304,763 | — |
| 2020 | $352,450,596 | $352,826,592 | $375,996 | — | — | — | $352,571,878 | — |
Under IRS private-foundation payout rules, Astera Institute reported a distributable amount of $125.8M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Astera Institute is led by Caitlin Hall, Chief Executive Officer on the 2024 filing; 2 of 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Caitlin Hall
Chief Executive Officer
New on the 2024 filing
40 hrs/week
$311K (2024)
Jed McCaleb
President
On filings since 2020
15 hrs/week
No compensation reported
Anika Gupta
Chief Operations Officer
New on the 2024 filing
40 hrs/week
$115K (2024)
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $311K, to Caitlin Hall (Chief Executive Officer). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Astera Institute
How much does Astera Institute give each year?
Astera Institute gave $83.3M across 4 grants in 2024, according to its 2024 IRS Form 990-PF.
What is Astera Institute's typical grant size?
Astera Institute's median grant in 2024 was $18,865,688, and its average grant was $20,812,658, across 4 grants on its 2024 IRS Form 990-PF.
Where does Astera Institute give grants?
Astera Institute gives mostly in Indiana: 55% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Connecticut (43%).
Does Astera Institute give general operating support?
Yes: 50% of Astera Institute's 2024 grants with a stated purpose (2 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.
How large is Astera Institute?
Astera Institute reported $2.6B in total assets on its 2024 IRS Form 990-PF. It paid out $97.4M in qualifying distributions that year, against a required minimum of $125.8M (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.
What is Astera Institute?
Astera Institute is a private foundation focused on Science & Technology, based in Berkeley, CA. It holds $2.6B in total assets as of 2024.
What is Astera Institute's EIN?
Astera Institute's EIN (Employer Identification Number) is 84-5162617. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Astera Institute's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Astera Institute funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/astera-institute-morg_c708515c6da0423ab0210ff4a74bfd5f
BibTeX
@misc{grantable_845162617_2026,
author = {{Grantable}},
title = {{Astera Institute funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/astera-institute-morg_c708515c6da0423ab0210ff4a74bfd5f},
note = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Astera Institute'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.
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