Project Paradigm is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it awarded 12 grants totaling $65K. Net investment income was $193K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.7M
-0.4% YoY
Annual Giving
$65K
+648.6% YoY
Grant Count
12
+140.0% YoY
Avg Grant Size
$5K
+211.9% YoY
Under IRS private-foundation payout rules, Project Paradigm reported a distributable amount of $400K for 2024 — the minimum it must pay out in qualifying distributions.
About Project Paradigm
Based on IRS filings
Project Paradigm is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.7M in total assets. In 2024, it awarded 12 grants totaling $65K. Net investment income was $193K.
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 | $7,729,245 | $7,760,872 | $9,147,231 |
| Revenue | $288,220 | $188,599 | $408,798 |
| Expenses | $319,847 | $208,677 | $285,795 |
| Qualifying Distributions | $222,114 | $121,754 | $157,005 |
| Net Investment Income | $192,577 | $102,912 | $290,008 |
| Distributable Amount | $400,381 | $379,198 | $474,620 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
75 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Anirud R ($25,000), Austin P ($25,000), Astrid S ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ANIRUD R LOS ANGELES, CA | PRIZE | $25,000 |
| ASTRID S LOS ANGELES, CA | PRIZE | $2,500 |
| AUSTIN P LOS ANGELES, CA | PRIZE | $25,000 |
| BHARATHI R LOS ANGELES, CA | PRIZE | $1,057 |
| COVEY D LOS ANGELES, CA | PRIZE | $450 |
| JUSTYN B LOS ANGELES, CA | PRIZE | $2,500 |
| KATE P LOS ANGELES, CA | PRIZE | $200 |
| LYDIA D LOS ANGELES, CA | PRIZE | $2,500 |
| RAQUEL W LOS ANGELES, CA | PRIZE | $132 |
| RASHMI M LOS ANGELES, CA | PRIZE | $562 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFFREY L RICHARDSON | PRESIDENT, BOARD CHAIR | 30 | $72,000 |
| JOHN G CRABTREE | CFO, DIRECTOR | 3 | — |
| JENNIFER DULAY | SECRETARY, DIRECTOR | 1 | — |
| MARK MORRISON | DIRECTOR | 1 | — |
| MATT J RAILO | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Project Paradigm?
Project Paradigm is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. It holds $7.7M in total assets as of 2024.
How large is Project Paradigm?
As of 2024, Project Paradigm holds $7.7M in total assets with $288K in annual revenue. It awarded 12 grants totaling $65K in 2024.
Where does Project Paradigm operate?
Project Paradigm has awarded grants in California.
What size grants does Project Paradigm award?
In 2024, Project Paradigm awarded 12 grants totaling $65K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Project Paradigm required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Project Paradigm reported a distributable amount of $400K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Project Paradigm's EIN?
Project Paradigm's EIN (Employer Identification Number) is 27-1444039. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Project Paradigm'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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