Erasca Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN DIEGO, CA. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $11.6M in total assets. In 2025, it awarded 10 grants totaling $95K. Net investment income was $83.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$11.6M
-10.4% YoY
Annual Giving
$95K
-54.8% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$10K
-59.3% YoY
Under IRS private-foundation payout rules, Erasca Foundation reported a distributable amount of $92K for 2025 — the minimum it must pay out in qualifying distributions.
About Erasca Foundation
Based on IRS filings
Erasca Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN DIEGO, CA. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $11.6M in total assets. In 2025, it awarded 10 grants totaling $95K. Net investment income was $83.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $11,562,608 | $12,899,263 | $14,332,297 |
| Revenue | $-1,196,203 | $-1,024,208 | $-671,272 |
| Expenses | $140,452 | $283,826 | $549,553 |
| Qualifying Distributions | $140,449 | $283,821 | $549,553 |
| Net Investment Income | $83 | $208 | $364 |
| Distributable Amount | $91,956 | $98,101 | $285,174 |
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 2025
Grant Size Distribution
26 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Life Science Cares Inc ($25,000), Family Health Centers of San Diego ($15,000), Mama's Kitchen ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Life Science Cares Inc San Diego, CA | "General operating support". This organization activates the financial and human capital of the life sciences industry and partners with nonprofits to disrupt the cycle of poverty in our communities. The organization envisions all of their neighbors having access to basic needs, access to education, and access to opportunities. | $25,000 |
| San Diego Coastkeeper San Diego, CA | "General operating support". The San Diego Coastkeeper protects and restores swimmable, drinkable, fishable waters in San Diego County. It is a major force in transforming the San Diego region into a leader in sustainable water management, supporting high biodiversity, resilient ecosystems, and thriving neighborhoods. | $5,000 |
| Every Cure Inc New York, NY | "General operating support." The organization applies AI to biomedical data to identify the most promising opportunities across all 22K diseases and 3K drugs - their AI platform can complete this work within days. They work with medical experts, physicians, drug companies, academics and patient advocacy groups to quantify the strength of evidence for every drug-disease match and prioritize those with highest potential to relieve suffering. | $10,000 |
| Family Health Centers of San Diego San Diego, CA | "General operating support." The organization is dedicated to providing caring, affordable, high-quality health care and supportive services to everyone, with a special commitment to uninsured, low-income and medically underserved persons. | $15,000 |
| Best Buddies International Inc San Diego, CA | "General operating support." The organization is dedicated to establishing a global volunteer movement that creates opportunities for one-to-one friendships, integrated employment, leadership development, and inclusive living for individuals with intellectual and developmental disabilities (IDD). | $10,000 |
| Mama's Kitchen San Diego, CA | "General operating support." The organization provides nutritional support to San Diego residents at risk of malnutrition due to critical illnesses such as HIV, cancer, congestive heart failure, type 2 diabetes, and chronic kidney disease. Mama's Kitchen strives to help its clients stay healthy, preserve their dignity, and keep their families together by providing, medically tailored home-delivered meals and nutrition education - all at no cost. | $15,000 |
| Omar's Dream Foundation San Jose, CA | "General operating support." The organization enables hospitalized and medically-supervised children to remotely attend school. | $10,000 |
| Foundation for the Children of the Californias San Diego, CA | "General operating support." The Foundation for the Children of the Californias is a tri-national collaboration with Canada, the United States, and Mexico, endeavoring to improve the health and nutrition of underserved children in the border region through support for the Hospital Infantil de las Californias, a model pediatric specialty medical and education complex, located in Baja. Hospital Infantil offers outpatient services in 25 specialties and services (including day surgeries, dental, ophthalmology, orthopedics, physical therapy, etc.) in a 56,000-square-foot facility. Many of the staff are volunteers and no child is turned away for inability to pay. Hospital Infantil treats over 4000 patients every month from both sides of the border. | $2,500 |
| Lazarex Cancer Foundation Danville, CA | "General operating support." The organization strives to improve cancer health outcomes, FDA cancer clinical trial diversity and enrollment, and patient access to care by providing assistance with clinical trial navigation, reimbursing trial related travel costs, and partnering with at-risk communities to mobilize resources. Their vision is that everyone affected by cancer will have hope, dignity, support and the most advanced treatments made available to them at all stages of their journey. | $1,500 |
| National Brain Tumor Society Newton, MA | "General operating support." The organization invests in, mobilizes, and unites the brain tumor community to discover a cure, deliver effective treatments, and advocate for patients and caregivers. | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JONATHAN LIM | PRESIDENT & DIRECTOR | 1 | — |
| NICHOLAS CHETWYN | VICE PRESIDENT | 1 | — |
| EBUN GARNER | SECRETARY | 1 | — |
| DAVID CHACKO | TREASURER | 1 | — |
| JAMES BRISTOL | DIRECTOR | 0.25 | — |
| ALEXANDER CASDIN | DIRECTOR | 0.25 | — |
| JULIE HAMBLETON | DIRECTOR | 0.25 | — |
| VALERIE HARDING-START | DIRECTOR | 0.25 | — |
| PRATIK MULTANI | DIRECTOR | 0.25 | — |
| MICHAEL VARNEY | DIRECTOR | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Erasca Foundation?
Erasca Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAN DIEGO, CA. It holds $11.6M in total assets as of 2025.
How large is Erasca Foundation?
As of 2025, Erasca Foundation holds $11.6M in total assets with $-1,196,203 in annual revenue. It awarded 10 grants totaling $95K in 2025.
Where does Erasca Foundation operate?
Erasca Foundation has awarded grants in California, Florida, Massachusetts, Minnesota, New York.
What size grants does Erasca Foundation award?
In 2025, Erasca Foundation awarded 10 grants totaling $95K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Erasca Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Erasca Foundation reported a distributable amount of $92K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Erasca Foundation's EIN?
Erasca Foundation's EIN (Employer Identification Number) is 87-1300086. IRS Form 990 filing data is available on this page for 2022–2025.
Explore Open Grants
Browse active grant opportunities in Erasca 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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