Makahakama Foundation logo

Makahakama Foundation

PALO ALTO, CA EIN: 88-0992719 Website

Makahakama Foundation is a private foundation based in Palo Alto, California, founded in 2022. The foundation catalyzes positive change through three primary pillars: community resilience and empowerment, environmental protection and restoration, and support for underserved entrepreneurs. The organization employs three staff members and manages assets exceeding $19 million.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.1M

-1.5% YoY

Annual Giving

$530K

-16.7% YoY

Grant Count

24

-11.1% YoY

Avg Grant Size

$22K

-6.3% YoY

Under IRS private-foundation payout rules, Makahakama Foundation reported a distributable amount of $756K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to catalyze positive change through restoring and protecting nature, supporting under-resourced entrepreneurs, and strengthening the resiliency of communities.

Community Resilience and Empowerment: The foundation supports local organizations in Hawaiʻi, San Mateo County, and Santa Clara County that build cultural fabric and community resiliency through the arts, safety net services, K-12 education programming, affordable housing, and local climate solutions for frontline communities.

Environment: The foundation funds and makes impact investments in organizations and projects that restore and protect nature and build resilient, healthy ecosystems. The foundation emphasizes approaches that can be catalytic if deployed at scale.

Entrepreneurship: The foundation supports efforts to increase access to capital, education, mentorship, and professional networks for individuals in underserved communities seeking to become entrepreneurs. Impact investing also supports venture funds focused on equitable entrepreneurship.

Grantmaking

Grant Range

s:** Typical awards range from $2,000 to $300,000. Recent data indicates a median grant amount of approximately $9,979, with an average grant size of $101 across all grants.

Average Grant

of $101 across all grants.

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Geographic Focus

Where this funder awards grants

The foundation funds organizations in California (particularly San Mateo County and Santa Clara County), Hawaiʻi, Virginia, and New York. Primary focus areas include the Bay Area and Hawaiʻi.

Grant Distribution by State

4states

Cities

ArlingtonBerkeleyCampbellEast Palo AltoEl GranadaHiloHonoluluLahainaLos Altos HillsMenlo ParkMilpitasMontereyMountain ViewNew YorkOaklandPalo AltoSan FranciscoSan GregorioSan JoseSanta Clara

Financial History

Multi-year comparison from IRS filings

Metric Amount Year
Total Assets $19,118,541 2024
Total Assets $19,412,971 2023
Total Giving $530,000 2024
Total Giving $987,649 2023
Total Revenues $101,715 2024
Total Revenues $155,936 2023
Total Expenses $950,368 2024
Total Expenses $1,050,824 2023
Giving Rate 4.4% 2023
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9M$17M$26M$34M202220232024
Metric202420232022
Total Assets$19,118,541$19,412,971$25,971,091
Revenue$101,715$155,936$31,127,990
Expenses$950,368$1,050,824$657,888
Qualifying Distributions$905,651$987,649$254,441
Net Investment Income$46,993$88,008$3,344,949
Distributable Amount$756,098$1,143,741$745,100

Giving Over Time

Total grant dollars and number of grants per year

$0$159K$318K$477K$637K4 grants202227 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Lahaina Community Land T…$300KThe Nature Conservancy$60KThe Acceleration Project$36KAfrican Diaspora Network$20KHawaiian Islands Land Tr…$20KAyudando Latinos a Sonar$10KPeninsula Open Space Trust$10KTeach For America Bay Area$10KBoys & Girls Clubs of th…$5KClimate Resilient Commun…$5K

Grant Size Distribution

55 grants across all recorded years

49<$50K2$50–100K2$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lahaina Community Land Trust ($300,000), The Nature Conservancy ($60,000), The Acceleration Project ($36,000).

RecipientPurposeAmount
African Diaspora Network Santa Clara, CAUNRESTRICTED$20,000
Ayudando Latinos a Sonar EL GRANADA, CAUNRESTRICTED$10,000
Big Sur Land Trust Monterey, CAUNRESTRICTED$2,500
Boys & Girls Clubs of the Peninsula MENLO PARK, CAUNRESTRICTED$5,000
Chopsticks Alley Art SAN JOSE, CAUNRESTRICTED$2,000
Climate Resilient Communities PALO ALTO, CAUNRESTRICTED$5,000
Earth Island Institute Berkeley, CAUNRESTRICTED$5,000
Hawaiian Islands Land Trust HONOLULU, HIUNRESTRICTED$20,000
Immigrant Legal Resource Center SAN FRANCISCO, CA$2500 to CRISP and $2500 to SBLISN$5,000
Kitchen Table Advisors BERKELEY, CAUNRESTRICTED$2,500

Leadership & Key People

Leadership team and compensation from IRS filings

  • Joyce A. Chung: Director and President (serves without compensation)
  • Joyce J. Song: Managing Director
  • Rene A. Lacerte: Director, Treasurer, and Secretary (serves without compensation)
  • Anu Sanghvi: Entrepreneurship Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOYCE A CHUNGDIRECTOR, PRESIDENT20
RENE A LACERTEDIRECTOR, TREASURER, SECRETARY1

Contact Information

Address: 855 El Camino Real, Suite 317, Palo Alto, CA 94301

Phone: (650) 248-8888

Email: info [at] makahakama.org

Website: makahakama.org

EIN: 88-0992719

Frequently Asked Questions

What does Makahakama Foundation fund?

The foundation's mission is to catalyze positive change through restoring and protecting nature, supporting under-resourced entrepreneurs, and strengthening the resiliency of communities. **Community Resilience and Empowerment:** The foundation supports local organizations in Hawaiʻi, San Mateo County, and Santa Clara County that build cultural fabric and community resiliency through the arts, safety net services, K-12 education programming, affordable housing, and local climate solutions for f…

How do I apply for a grant from Makahakama Foundation?

**Grant Sizes:** Typical awards range from $2,000 to $300,000. Recent data indicates a median grant amount of approximately $9,979, with an average grant size of $101 across all grants. **Recent Activity:** In 2024, the foundation made four major grants totaling $396,000, including $300,000 to Lahaina Community Land Trust for Fire Recovery Opportunity and Permanence Fund, $60,000 to The Nature Conservancy for Ocean Recovery Work, and $36,000 to The Acceleration Project for Project Launchpad Sup…

Where does Makahakama Foundation make grants?

The foundation funds organizations in California (particularly San Mateo County and Santa Clara County), Hawaiʻi, Virginia, and New York. Primary focus areas include the Bay Area and Hawaiʻi.

What size grants does Makahakama Foundation award?

In 2024, Makahakama Foundation awarded 24 grants totaling $530K — an average of about $22K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Makahakama Foundation reported a distributable amount of $756K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Makahakama Foundation's EIN?

Makahakama Foundation's EIN (Employer Identification Number) is 88-0992719. IRS Form 990 filing data is available on this page for 2022–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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