Gareatis Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREMONT, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 5 grants totaling $185K. Net investment income was $150K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
-1.0% YoY
Annual Giving
$185K
+7.2% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$37K
+28.7% YoY
Under IRS private-foundation payout rules, Gareatis Foundation reported a distributable amount of $195K for 2024 — the minimum it must pay out in qualifying distributions.
About Gareatis Foundation
Based on IRS filings
Gareatis Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREMONT, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 5 grants totaling $185K. Net investment income was $150K.
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 | $3,327,468 | $3,362,226 | $3,419,044 |
| Revenue | $154,784 | $118,231 | $38,976 |
| Expenses | $189,542 | $175,049 | $215,540 |
| Qualifying Distributions | $185,000 | $172,500 | $215,000 |
| Net Investment Income | $150,242 | $127,372 | $66,431 |
| Distributable Amount | $194,626 | $189,824 | $197,301 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 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 Vanguard Donor Advised Fund ($100,000), University of Pennsylvania ($40,000), Stanford University Medical Center ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PA | GENERAL PURPOSES | $40,000 |
| STANFORD UNIVERSITY MEDICAL CENTER PALO ALTO, CA | GENERAL PURPOSES | $40,000 |
| STANDFORD UNIVERSITY DEVELOPMENT SE STANDFORD, CA | GENERAL PURPOSE | $2,500 |
| STANDFORD UNIVERSITY CHILDREN CENTE REDWOOD CITY, CA | GENERAL PURPOSE | $2,500 |
| VANGUARD DONOR ADVISED FUND WARWICK, RI | GENERAL PURPOSE | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETE C PERLEGOS | President | — | — |
| ARCHIE G PERLEGOS | CFO | — | — |
| NICK J PERLEGOS | Secretary | — | — |
| GUST PERLEGOS | Vice President | — | — |
| MARY PERLEGOS | Vice President | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gareatis Foundation?
Gareatis Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FREMONT, CA. It holds $3.3M in total assets as of 2024.
How large is Gareatis Foundation?
As of 2024, Gareatis Foundation holds $3.3M in total assets with $155K in annual revenue. It awarded 5 grants totaling $185K in 2024.
Where does Gareatis Foundation operate?
Gareatis Foundation has awarded grants in California, Pennsylvania, Rhode Island.
What size grants does Gareatis Foundation award?
In 2024, Gareatis Foundation awarded 5 grants totaling $185K — an average of about $37K per grant, based on its IRS Form 990 filings.
How much is Gareatis Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gareatis Foundation reported a distributable amount of $195K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gareatis Foundation's EIN?
Gareatis Foundation's EIN (Employer Identification Number) is 27-3001288. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gareatis 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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