Electric Planet Foundation
Electric Planet Foundation is a private foundation, based in Novato, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $269K in total assets. In 2024, it awarded 1 grant totaling $20K.
Electric Planet Foundation at a glance
In short: Electric Planet Foundation gave $20K across 1 grant in 2024 (avg $20K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $20,000
- -92.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $20,000
- -92.0% vs 2023
- Median grant
- $20,000
- Total assets
- $269,100
- -8.0% vs 2023
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who Electric Planet Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Grassroots Aid Partnership ($20K).
Grant Size Distribution
7 grants across all recorded years
The most common grant size was in the $100–250K range: 2 grants of 7 (29%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Electric Planet Foundation gives
- Giving fell 99% from 2021 to 2024. Method
- In 2024 it paid out 141% of its IRS minimum distribution (the 5% rule). 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
From 2019 to 2024, annual grant giving ranged from $20K (2024) to $2.2M (2021). In 2024 it made 1 grant totaling $20K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grassroots Aid Partnership Black Mountain, NC | Support Purchase of Solar Batteries | $20,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $269,100 | — | $23,315 | $20,000 | 1 | $20,000 | $14,214 |
| 2023 | $292,415 | $-78,109 | $302,565 | $250,000 | 1 | $250,000 | $31,593 |
| 2022 | $673,088 | — | $380,642 | $370,000 | 2 | $370,000 | $39,221 |
| 2021 | $1,053,730 | $3,258,243 | $2,219,356 | $2,218,500 | 2 | $2,218,500 | $2,841 |
| 2020 | $14,843 | $200,025 | $208,027 | $200,000 | 1 | — | $998 |
| 2019 | $22,845 | $146,025 | $152,433 | $150,000 | 1 | — | $4,305 |
Under IRS private-foundation payout rules, Electric Planet Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Electric Planet Foundation is led by George F. Gund IV, President, Secretary & Treasurer on every filing since 2019 — the only officer listed, and uncompensated.
Officers on the 2024 filing
George F. Gund IV
President, Secretary & Treasurer
On filings since 2019
1.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Electric Planet Foundation
How much does Electric Planet Foundation give each year?
Electric Planet Foundation gave $20K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $250K across 1 grant.
How large is Electric Planet Foundation?
Electric Planet Foundation reported $269K in total assets on its 2024 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $14K (roughly 5% of its investment assets).
Where does Electric Planet Foundation operate?
Electric Planet Foundation has awarded grants in California, Indiana, North Carolina.
What is Electric Planet Foundation's EIN?
Electric Planet Foundation's EIN (Employer Identification Number) is 46-3002649. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 20, 2022)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 20, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 8, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work Electric Planet Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Electric Planet Foundation's focus areas in our free grants database
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Figures come from Electric Planet Foundation'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.
Electric Planet Foundation down — hundreds of funders to go?