Chispa Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BABRARA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $33K in total assets. In 2024, it awarded 3 grants totaling $106K. Net investment income was $486.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$33K
-76.1% YoY
Annual Giving
$106K
-33.4% YoY
Grant Count
3
-40.0% YoY
Avg Grant Size
$35K
+11.0% YoY
Under IRS private-foundation payout rules, Chispa Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Chispa Foundation
Based on IRS filings
Chispa Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BABRARA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $33K in total assets. In 2024, it awarded 3 grants totaling $106K. Net investment income was $486.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $33,182 | $138,696 | $293,314 |
| Revenue | $3,433 | $7,840 | $-38,938 |
| Expenses | $108,947 | $162,458 | $1,888,326 |
| Qualifying Distributions | $106,000 | $159,200 | $1,832,000 |
| Net Investment Income | $486 | $4,582 | — |
| Distributable Amount | $4,038 | $10,092 | $76,252 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Scholarship Foundation of Santa Barbara ($75,000), Reach ($25,000), Story Teller Childrens Center ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Scholarship Foundation of Santa Barbara Santa Barbara, CA | Unrestricted Support of Local non-profits in the sector of Care and Education | $75,000 |
| REACH | Unrestricted Support of Local non-profits in the sector of care and education | $25,000 |
| Story Teller Childrens Center Santa Barbara, CA | Unrestricted Support of Local non-profits in the sector of care and education | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sheila Cullen | President | 4 | — |
| Tom Cullen | Treasurer | 4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Chispa Foundation?
Chispa Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SANTA BABRARA, CA. It holds $33K in total assets as of 2024.
How large is Chispa Foundation?
As of 2024, Chispa Foundation holds $33K in total assets with $3K in annual revenue. It awarded 3 grants totaling $106K in 2024.
Where does Chispa Foundation operate?
Chispa Foundation has awarded grants in California, District of Columbia, New York.
What size grants does Chispa Foundation award?
In 2024, Chispa Foundation awarded 3 grants totaling $106K — an average of about $35K per grant, based on its IRS Form 990 filings.
How much is Chispa Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Chispa Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Chispa Foundation's EIN?
Chispa Foundation's EIN (Employer Identification Number) is 47-4635240. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Chispa 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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