Cal Med Foundation is a private foundation focused on Education, based in REDLANDS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $229K in total assets. In 2024, it awarded 4 grants totaling $26K. Net investment income was $375.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$229K
-10.6% YoY
Annual Giving
$26K
Grant Count
4
Avg Grant Size
$6K
Under IRS private-foundation payout rules, Cal Med Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Cal Med Foundation
Based on IRS filings
Cal Med Foundation is a private foundation focused on Education, based in REDLANDS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $229K in total assets. In 2024, it awarded 4 grants totaling $26K. Net investment income was $375.
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 | $229,300 | $256,379 | $258,996 |
| Revenue | $375 | $388 | $209 |
| Expenses | $27,454 | $3,005 | $1,448 |
| Qualifying Distributions | $25,501 | — | — |
| Net Investment Income | $375 | $388 | $209 |
| Distributable Amount | $12,204 | $12,716 | $12,783 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Silicon Andhra ($10,000), University of Silicon Andhra ($10,000), Armc Foundation ($2,783).
| Recipient | Purpose | Amount |
|---|---|---|
| ARMC FOUNDATION COLTON, CA | GRANT TO SUPPORT STUDENTS IN THE MEDICAL FIELD; PAID DECEMBER 2024 | $2,718 |
| UNIVERSITY OF SILICON ANDHRA MILPITAS, CA | SCHOLARSHIP SUPPORT FOR STUDENTS IN THE MEDICAL FIELD; PAID DECEMBER 2024 | $10,000 |
| ARMC FOUNDATION COLTON, CA | GRANT TO SUPPORT STUDENTS IN THE MEDICAL FIELD; PAID MAY 2024 | $2,783 |
| UNIVERSITY OF SILICON ANDHRA MILPITAS, CA | SCHOLARSHIP SUPPORT FOR STUDENTS IN THE MEDICAL FIELD; PAID MAY 2024 | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DEV A GNANADEV | PRESIDENT | 1.25 | — |
| WILFRID C LEMANN | SECRETARY/DIRECTOR | 0.25 | — |
| JORGE VALENCIA | TREASURER | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cal Med Foundation?
Cal Med Foundation is a private foundation focused on Education, based in REDLANDS, CA. It holds $229K in total assets as of 2024.
How large is Cal Med Foundation?
As of 2024, Cal Med Foundation holds $229K in total assets with $375 in annual revenue. It awarded 4 grants totaling $26K in 2024.
Where does Cal Med Foundation operate?
Cal Med Foundation has awarded grants in California.
What size grants does Cal Med Foundation award?
In 2024, Cal Med Foundation awarded 4 grants totaling $26K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Cal Med Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cal Med Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cal Med Foundation's EIN?
Cal Med Foundation's EIN (Employer Identification Number) is 81-1558962. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.