One Small Step Foundation

Foundation · Grantmaker New Canaan, CT EIN: 86-1736643

One Small Step Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New Canaan, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $478K in total assets. In 2024, it awarded 1 grant totaling $31K. Net investment income was $3K.

Key facts about One Small Step Foundation

EIN
86-1736643
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$30,800
Grants made (2024)
1
Average grant
$30,800
Median grant
$30,800
Total assets
$477,714
Primary geography
California (100% of itemized 2024 grant dollars)

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

How One Small Step Foundation gives

  • Giving grew 4007% from 2021 to 2024. Method
  • In 2024 it paid out 121% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with One Small Step Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$478K

-10.5% YoY

Annual Giving

$31K

-12.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$31K

-12.0% YoY

Under IRS private-foundation payout rules, One Small Step Foundation reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.

About One Small Step Foundation

Based on IRS filings

One Small Step Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New Canaan, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $478K in total assets. In 2024, it awarded 1 grant totaling $31K. Net investment income was $3K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 1 itemized 2024 grant dollars.

Cities

BerkeleyNew Canaan

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$165K$330K$495K$660K20202021202220232024
Metric202420232022
Total Assets$477,714$533,631$569,295
Revenue$2,888$54$2,344
Expenses$58,805$35,718$32,382
Qualifying Distributions$30,800$35,000$30,000
Net Investment Income$2,888$54$58
Distributable Amount$25,386$27,509$29,455

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$18K$26K$35K0 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Seva Foundation: $31KSeva Foundation$31K

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Seva Foundation ($30,800).

RecipientPurposeAmount
Seva Foundation Berkeley, CASupport of vision programs in Northern India$30,800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Frank E Sisson III — Secretary: $16KFrank E Sisson IIISecretary$16K

From 2024 IRS filing

NameTitleHoursCompensation
Anamika BhondelePresident0.5—
Harsh RameshwarTreasurer0.5—
Frank E Sisson IIISecretary0.5$15,809

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is One Small Step Foundation?

One Small Step Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New Canaan, CT. It holds $478K in total assets as of 2024.

How large is One Small Step Foundation?

As of 2024, One Small Step Foundation holds $478K in total assets with $3K in annual revenue. It awarded 1 grant totaling $31K in 2024.

Where does One Small Step Foundation operate?

One Small Step Foundation has awarded grants in California, Connecticut.

What size grants does One Small Step Foundation award?

In 2024, One Small Step Foundation awarded 1 grant totaling $31K — an average of about $31K per grant, based on its IRS Form 990 filings.

How much is One Small Step Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, One Small Step Foundation reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is One Small Step Foundation's EIN?

One Small Step Foundation's EIN (Employer Identification Number) is 86-1736643. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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