One Small Step Foundation
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
- How to evaluate One Small Step Foundation as a funder
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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.
Focus Areas
Ready to take the next step with One Small Step Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
- IRS filings on file for fiscal years 2020–2024
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
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Seva Foundation ($30,800).
| Recipient | Purpose | Amount |
|---|---|---|
| Seva Foundation Berkeley, CA | Support of vision programs in Northern India | $30,800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Anamika Bhondele | President | 0.5 | — |
| Harsh Rameshwar | Treasurer | 0.5 | — |
| Frank E Sisson III | Secretary | 0.5 | $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.