THE FOUNDATION'S MISSION IS TO (A) SUPPORT THE EDUCATIONAL AND CHARITABLE PROGRAMS AND ACTIVITIES OF THE IOTA CHAPTER OF ZETA PSI FRATERNITY (THE "FRATERNITY") AT THE UNIVERSITY OF CALIFORNIA, BERKELEY (BERKELEY); (B) PROMOTE AND FURTHER ACADEMIC EXCELLENCE AT BERKELEY; (C) PROVIDE ACADEMIC SCHOLARSHIPS AND SUPPORT TO QUALIFIED NEEDY AND DESERVING INDIVIDUALS; (D) CONDUCT AND SUPPORT THE CHARITABLE AND OTHER COMMUNITY SERVICE PROGRAMS AND PROJECTS OF THE FRATERNITY AND BERKELEY; AND (E) PERFORMING SUCH OTHER ACTIVITIES AS ARE CONSISTENT WITH ITS EXEMPT PURPOSES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$410K
+1.9% YoY
Annual Giving
$91K
Grant Count
1
Avg Grant Size
$91K
About Iota Foundation
Based on IRS filings
Iota Foundation is a nonprofit organization focused on Education, based in PETALUMA, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $410K in total assets. In 2024, it awarded 1 grants totaling $91K. Net investment income was $8K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $409,704 | $401,884 | $440,375 |
| Revenue | $133,270 | $-540 | $26,564 |
| Expenses | $125,450 | $37,951 | $23,355 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $7,753 | — | $-250 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Zeta Psi Alumni Association ($91,234).
| Recipient | Purpose | Amount |
|---|---|---|
| ZETA PSI ALUMNI ASSOCIATION ROSS, CA | SUPPORT OF ZETA PSI FRATERNITY | $91,234 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAY POUNDS | TREASURER | 2 | — |
| SAM SKINNER | SECRETARY | 1 | — |
| MATT TUNNEY | PRESIDENT | 3 | — |
| MIKE MAECHLING | VICE-PRESIDENT | 2 | — |
| DAN MEADE | TRUSTEE | 1 | — |
| ROB GIBBONS | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Iota Foundation?
Iota Foundation is a nonprofit organization focused on Education, based in PETALUMA, CA. It holds $410K in total assets as of 2024.
How large is Iota Foundation?
As of 2024, Iota Foundation holds $410K in total assets with $133K in annual revenue. It awarded 1 grants totaling $91K in 2024.
Where does Iota Foundation operate?
Iota Foundation has awarded grants in California.
What size grants does Iota Foundation award?
In 2024, Iota Foundation awarded 1 grants totaling $91K — an average of about $91K per grant, based on its IRS Form 990 filings.
What is Iota Foundation's EIN?
Iota Foundation's EIN (Employer Identification Number) is 20-1194576. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Iota 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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