Deo Foundation
Deo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Long Beach, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $883K in total assets. In 2024, it awarded 10 grants totaling $47K. Net investment income was $6K.
Key facts about Deo Foundation
- EIN
- 23-2903673
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $47,000
- Grants made (2024)
- 10
- Average grant
- $4,700
- Median grant
- $5,000
- New grantees (estimate)
- 20% first-time grantees (2 of 10, 2024)
- Total assets
- $883,112
- Primary geography
- California (85% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Deo Foundation funds
By grant dollars, the top recipient states for Deo Foundation's 10 itemized 2024 grants were California (85%) and Virginia (11%). The most frequent recipient cities were Long Beach, CA (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is Deo Foundation open to new grantees?
20%
first-time grantees, 2024
In 2024, 2 of 10 grantees (20%) were first-time recipients. First grants averaged $10K; repeat grants $3K. How we count
Medians: $10K first-time, $4K repeat.
- 50% of 2024 grantees were also funded in 2023. Method
- Giving fell 47% from 2021 to 2024. Method
- 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
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Deo Foundation
- How to evaluate Deo Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Deo Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$883K
-5.4% YoY
Annual Giving
$47K
-2.1% YoY
Grant Count
10
+0.0% YoY
Avg Grant Size
$5K
-2.1% YoY
Under IRS private-foundation payout rules, Deo Foundation reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.
About Deo Foundation
Based on IRS filings
Deo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Long Beach, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $883K in total assets. In 2024, it awarded 10 grants totaling $47K. Net investment income was $6K.
Focus Areas
Ready to take the next step with Deo Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $883,112 | $933,588 | $1,017,561 |
| Revenue | $4,332 | $-25,557 | $-1,447 |
| Expenses | $54,808 | $58,416 | $60,132 |
| Qualifying Distributions | $47,000 | $48,000 | $49,601 |
| Net Investment Income | $5,978 | $13,266 | $35,806 |
| Distributable Amount | $61,270 | $46,950 | $53,747 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
73 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Beat The Odds Wellness Psychiatry ($15,000), Ektaa Center ($5,000), Nagourney Cancer Institute ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Beat The Odds Wellness Psychiatry Long Beach, CA | Operating Funds | $15,000 |
| Ektaa Center Irvine, CA | Operating Funds | $5,000 |
| Nagourney Cancer Institute Long Beach, CA | Operating Funds | $5,000 |
| Southern California Public RadioKPC Pasadena, CA | Operating Funds | $5,000 |
| Reach In US Foundation Annandale, VA | Operating Funds | $5,000 |
| Lighthouse ChurchChristian Center Joshua Tree, CA | Operating Funds | $5,000 |
| Ekal Vidyalaya Foundation of USA Houston, TX | Operating Funds | $2,000 |
| Bellare Arts Foundation Chino Hills, CA | Operating Funds | $2,000 |
| Jnana Prabodhini Foundation Murrieta, CA | Operating Funds | $2,000 |
| Festival Of The Arts Foundation Laguna Beach, CA | Operating Funds | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dr Eknath Deo | Trustee | — | — |
| Mrs Anuradha Deo | Trustee | — | — |
| Ravindra Deo | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Deo Foundation?
Deo Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Long Beach, CA. It holds $883K in total assets as of 2024.
How large is Deo Foundation?
As of 2024, Deo Foundation holds $883K in total assets with $4K in annual revenue. It awarded 10 grants totaling $47K in 2024.
Where does Deo Foundation operate?
Deo Foundation has awarded grants in California, District of Columbia, Maryland, New York, Texas, Virginia.
What size grants does Deo Foundation award?
In 2024, Deo Foundation awarded 10 grants totaling $47K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Deo Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Deo Foundation reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Deo Foundation's EIN?
Deo Foundation's EIN (Employer Identification Number) is 23-2903673. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Deo Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Motorola Solutions Foundation
Chicago, IL
Assets
—
Grants
239
Total Given
$13.8M
The Cigna Group Foundation
Philadelphia, PA
Assets
$127.2M
Grants
4,075
Total Given
$14.1M
Texas Instruments Foundation
Dallas, TX
Assets
$73.0M
Grants
4,484
Total Given
$22.6M
United Charitable
Ashburn, VA
Assets
$186.8M
Grants
195
Total Given
$7.9M
Tarsadia Foundation
Newport Beach, CA
Assets
$201.0M
Grants
56
Total Given
$11.5M
Wabtec Foundation
Pittsburgh, PA
Assets
$14.8M
Grants
254
Total Given
$839K
Silicon Valley Community Foundation
Mountain View, CA
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
California Community Foundation
Los Angeles, CA
Assets
$2.3B
Grants
2,174
Total Given
$326.6M
Tides Foundation
San Francisco, CA
Assets
$534.5M
Grants
2,110
Total Given
$382.1M
The William & Flora Hewlett Foundation
Menlo Park, CA
Assets
$14.2B
Grants
2,001
Total Given
$625.0M
Sempra Foundation
San Diego, CA
Assets
$11.5M
Grants
1,501
Total Given
$1.8M
Jpmorgan Chase Foundation
New York, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
More Funders in California
Data last updated September 2026. Sourced from IRS Form 990-PF filings.