Ikigai Foundation
Ikigai Foundation is a private foundation, based in Teton Village, WY. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $4.8M in total assets. In 2025, it awarded 4 grants totaling $74K. Net investment income was $232K.
Ikigai Foundation at a glance
In short: Ikigai Foundation gave $74K across 4 grants in 2025 (avg $19K), mostly in Wisconsin. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $74,300
- Grants made (2025)
- 4
- Average grant
- $18,575
- Median grant
- $15,000
- Total assets
- $4,817,323
- +4.2% vs 2024
- Primary geography
- Wisconsin (59% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Ikigai Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Capital Aikikai of WI ($44K). Together the top 4 received $74K.
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Ikigai Foundation gives
- In 2025 it paid out 53% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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
In 2025 it made 4 grants totaling $74K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Capital Aikikai of WI Milton, WI | Renovation Costs | $44,200 |
| Capital Aikikai Inc Silver Spring, MD | Aikido Promotion | $25,000 |
| Capital Aikido Federation Silver Spring, MD | Promotion of Aikido | $5,000 |
| Mozilla Foundation Mountain View, CA | Tech Future via Advocacy and Educati | $100 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,817,323 | $319,688 | $126,701 | $74,300 | 4 | $122,697 | $231,752 | $232,754 |
| 2024 | $4,624,336 | $4,627,288 | $2,952 | — | — | $2,952 | $85,288 | $112,646 |
Under IRS private-foundation payout rules, Ikigai Foundation reported a distributable amount of $233K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ikigai Foundation is led by William Plank, President on every filing since 2023 — the only officer listed, and uncompensated.
Officers on the 2025 filing
William Plank
President
On filings since 2023
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "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 Ikigai Foundation
How much does Ikigai Foundation give each year?
Ikigai Foundation gave $74K across 4 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Ikigai Foundation's typical grant size?
Ikigai Foundation's median grant in 2025 was $15,000, and its average grant was $18,575, across 4 grants on its 2025 IRS Form 990-PF.
Where does Ikigai Foundation give grants?
Ikigai Foundation gives mostly in Wisconsin: 59% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Maryland (40%). The most frequent recipient cities were Silver Spring, MD (2 grants).
Does Ikigai Foundation give general operating support?
Not in 2025: none of the 4 grants with a stated purpose on Ikigai Foundation's 2025 IRS Form 990-PF were described as general or operating support.
How large is Ikigai Foundation?
Ikigai Foundation reported $4.8M in total assets on its 2025 IRS Form 990-PF. It paid out $123K in qualifying distributions that year, against a required minimum of $233K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is Ikigai Foundation's EIN?
Ikigai Foundation's EIN (Employer Identification Number) is 92-3071325. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 1, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 15, 2026)
- IRS filings on file for fiscal years 2023–2025
Live grants for the work Ikigai Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Ikigai Foundation's focus areas in our free grants database
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