Inspiral Foundation

Foundation · Grantmaker Pleasanton, CA EIN: 87-2756034

Inspiral Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pleasanton, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 7 grants totaling $18K. Net investment income was $1.0M.

Key facts about Inspiral Foundation

EIN: 87-2756034
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $17,769
Grants made (2024): 7
Average grant: $2,538
Median grant: $2,500
Total assets: $2,067,497
Primary geography: California (49% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Inspiral Foundation funds

By grant dollars, the top recipient states for Inspiral Foundation's 7 itemized 2024 grants were California (49%), Wisconsin (31%) and Pennsylvania (20%). None of its 7 grants with a stated purpose were described as general or operating support. Recurring purposes include "Donation" (7 grants).

How Inspiral Foundation gives

In 2024 it paid out 292% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Inspiral Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

+707.1% YoY

Annual Giving

$18K

+1350.5% YoY

Grant Count

+40.0% YoY

Avg Grant Size

$3K

+936.1% YoY

Under IRS private-foundation payout rules, Inspiral Foundation reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.

About Inspiral Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $9K (49%)

Wisconsin $6K (31%)

Pennsylvania $4K (20%)

New York $50 (0%)

Share of all 7 itemized 2024 grant dollars.

States

California Illinois New York Pennsylvania Wisconsin

Cities

Los AngelesMadisonSacramentoStanfordBerkeleyChicagoPittsburghSouthampton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,067,497	$256,158	$50,000
Revenue	$2,606,147	$207,216	$50,000
Expenses	$109,817	$4,943	$6,423
Qualifying Distributions	$109,772	$4,943	$6,423
Net Investment Income	$1,006,151	$7,226	—
Distributable Amount	$37,596	$3,257	$205

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Unviersity of Wisconsin ($5,519), University of California Berkeley ($3,600), Carnegie Mellon University ($3,500).

Recipient	Purpose	Amount
UNVIERSITY OF WISCONSIN Madison, WI	DONATION	$5,519
UNIVERSITY OF CALIFORNIA BERKELEY Berkeley, CA	DONATION	$3,600
CARNEGIE MELLON UNIVERSITY Pittsburgh, PA	DONATION	$3,500
STANFORD HOSPITAL FOUNDATION Stanford, CA	DONATION	$2,500
UNIVERSITY OF CALIFORNIA LOS ANGELE Los Angeles, CA	DONATION	$2,500
POLICE CHIEFS ASSOCIATION Sacramento, CA	DONATION	$100
COALITION FOR WOMEN'S CANCERS Southampton, NY	DONATION	$50

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Byron Lai	President	10	$20,000
Kathleen Lai	Secretary	10	$20,000
Karen Lai	Treasurer	10	$10,000
Aaron Lai	Officer	10	$10,000

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Inspiral Foundation?

Inspiral Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pleasanton, CA. It holds $2.1M in total assets as of 2024.

How large is Inspiral Foundation?

As of 2024, Inspiral Foundation holds $2.1M in total assets with $2.6M in annual revenue. It awarded 7 grants totaling $18K in 2024.

Where does Inspiral Foundation operate?

Inspiral Foundation has awarded grants in California, Illinois, New York, Pennsylvania, Wisconsin.

What size grants does Inspiral Foundation award?

In 2024, Inspiral Foundation awarded 7 grants totaling $18K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Inspiral Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Inspiral Foundation reported a distributable amount of $38K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.