Cabin Road Foundation 04042011 is a private grantmaking foundation established in April 2011 and tax-exempt since September 2011. Based in Redwood City, California, the foundation operates with no paid staff and maintains a notably low profile despite significant grantmaking activities. The foundation does not maintain a public website.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$139.8M
-44.5% YoY
Annual Giving
$130.4M
+864.3% YoY
Grant Count
8
+300.0% YoY
Avg Grant Size
$16.3M
+141.1% YoY
Under IRS private-foundation payout rules, Cabin Road Foundation reported a distributable amount of $15.5M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation has not provided a formal mission statement. However, its grantmaking demonstrates focus on:
- Education
- Philanthropy and Voluntarism
- Human Services
- Health-related initiatives including dental health, school health, wellness, and health education
Grantmaking
The foundation made 25 grants in its most recent reporting period.
How to Apply
** The foundation does not operate structured grant programs with specific names or application cycles. Instead, it makes grants on a discretionary basis determined by its trustees. No formal application process is publicly available.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is national in scope, with primary focus on California, Texas, and Tennessee, as well as national organizations.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $139,844,644 (as of 2024)
Total Giving: $130,375,000 (2024)
Total Revenues: $28,621,760 (2024)
Total Expenses: $134,225,168 (2024)
Historical Context: The foundation was initially capitalized with a $40 million contribution in 2012 from H. Irving Grousbeck's Grousbeck Family Foundation and received an additional $141.75 million contribution from H. Irving Grousbeck personally in late 2016. Since its inception, the foundation has distributed over $142 million in grants, with approximately two-thirds disbursed since December 2019.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $139,844,644 | $252,151,774 | $253,962,705 |
| Revenue | $28,621,760 | $14,119,331 | $13,709,404 |
| Expenses | $134,225,168 | $16,122,889 | $26,776,548 |
| Qualifying Distributions | $130,435,683 | $13,570,273 | $24,912,081 |
| Net Investment Income | $25,096,344 | $11,726,439 | $10,176,440 |
| Distributable Amount | $15,519,028 | $18,667,152 | $18,754,704 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
62 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Morehouse College ($20,000,000), Paul Quinn College ($20,000,000), Meharry Medical College ($20,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LELAND STANFORD JUNIOR UNIVERSITY STANFORD, CA | GENERAL | $4,000,000 |
| MOREHOUSE COLLEGE ATLANTA, GA | GENERAL | $20,000,000 |
| PAUL QUINN COLLEGE DALLAS, TX | GENERAL | $20,000,000 |
| MEHARRY MEDICAL COLLEGE NASHVILLE, TN | GENERAL | $20,000,000 |
| PLANNED PARENTHOOD FEDERATION OF AMERICA NEW YORK, NY | GENERAL | $20,000,000 |
| NORTH CAROLINA A & T STATE UNIVERSITY GREENSBORO, NC | GENERAL | $20,000,000 |
| TUSKEGEE UNIVERSITY TUSKEGEE INSTITUTE, AL | GENERAL | $20,000,000 |
| LELAND STANFORD UNIVERSITY STANFORD, CA | GENERAL | $6,375,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by two trustees:
- Anne Grousbeck Matta (Trustee) — former professional tennis player and daughter of H. Irving Grousbeck
- Horacio Matta Velasco (Trustee) — former professional tennis player
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANNE GROUSBECK MATTA | TRUSTEE | — | — |
| HORACIO MATTA VELASCO | TRUSTEE | — | — |
Contact Information
Address: 2995 Woodside Road Suite 400, Woodside, CA 94602 (also listed as Co Baker Tilly, 3 Lagoon Drive, Suite 400, Redwood City, CA 94065)
Phone: (650) 454-4731 or (415) 650-4646
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Cabin Road Foundation fund?
The foundation has not provided a formal mission statement. However, its grantmaking demonstrates focus on: • Education • Philanthropy and Voluntarism • Human Services • Health-related initiatives including dental health, school health, wellness, and health education
How do I apply for a grant from Cabin Road Foundation?
**Grant Amounts:** The foundation makes grants ranging from $20,000 to $20,000,000, with significant variation in award sizes. **Annual Giving:** Approximately $130.4 million in total giving (2023-2024 period). **Recent Grants:** Recent grantees include: • Tuskegee University ($20,000,000) • Paul Quinn College ($20,000,000) • Planned Parenthood Federation of America ($20,000,000) • Stanford University Office of Development The foundation made 25 grants in its most recent reporting period. **App…
Where does Cabin Road Foundation make grants?
The foundation's grantmaking is national in scope, with primary focus on California, Texas, and Tennessee, as well as national organizations.
What size grants does Cabin Road Foundation award?
In 2024, Cabin Road Foundation awarded 8 grants totaling $130.4M — an average of about $16.3M per grant, based on its IRS Form 990 filings.
How much is Cabin Road Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cabin Road Foundation reported a distributable amount of $15.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cabin Road Foundation's EIN?
Cabin Road Foundation's EIN (Employer Identification Number) is 30-6284988. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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