Master's Peace Foundation
Master's Peace Foundation is a private foundation, based in Virginia Beach, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $319 in total assets.
Key facts about Master's Peace Foundation
- EIN
- 54-2024878
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $319
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$319
+147.3% YoY
Revenue
$1K
-12.5% YoY
Net Investment Income
—
Expenses
$860
-38.1% YoY
Under IRS private-foundation payout rules, Master's Peace Foundation reported a distributable amount of $11 for 2025 — the minimum it must pay out in qualifying distributions.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $319 | $129 | $319 |
| Revenue | $1,050 | $1,200 | $850 |
| Expenses | $860 | $1,390 | $1,100 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $11 | $12 | $18 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 20, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 8, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 8, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
Master's Peace Foundation is led by Sudhir Ispahani, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Sudhir Ispahani
President
On filings since 2020
0.1 hrs/week
No compensation reported
Karen Ispahani
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Valerie Osler
Secretary & Treasurer
Secretary & Treasurer → Secretary Treasurer, 2023
Secretary Treasurer → Secretary & Treasurer, 2024
On filings since 2020
0.1 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Master's Peace Foundation
How large is Master's Peace Foundation?
Master's Peace Foundation reported $319 in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $1K.
How much is Master's Peace Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Master's Peace Foundation reported a distributable amount of $11 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Master's Peace Foundation's EIN?
Master's Peace Foundation's EIN (Employer Identification Number) is 54-2024878. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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