Shasta Foundation

Private foundation · Grantmaker Woodinville, WA EIN: 87-3040253

Shasta Foundation is a private foundation, based in Woodinville, WA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $397K in total assets. In 2024, it awarded 1 grant totaling $62K.

Shasta Foundation at a glance

In short: Shasta Foundation gave $62K across 1 grant in 2024 (avg $62K), mostly in Washington. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$61,500
+2.5% vs 2023
Grants made (2024)
1
-66.7% vs 2023
Average grant
$61,500
+207.5% vs 2023
Median grant
$61,500
Total assets
$397,340
-6.2% vs 2023
Primary geography
Washington (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who Shasta Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Agastya Gurukulam: $62KAgastya Gurukulam$62K

The largest 2024 recipient was Agastya Gurukulam ($62K).

Grant Size Distribution

7 grants across all recorded years

6<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 7 (86%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of the 2024 grant dollars on its one itemized grant.

Cities

DallasBothellPrincetonSunnyvaleTorranceWoodinville

How Shasta Foundation gives

  • In 2024 it paid out 546% of its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants2021 3 grants2022 3 grants2023 1 grant2024

From 2022 to 2024, annual grant giving ranged from $27K (2022) to $62K (2024). In 2024 it made 1 grant totaling $62K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Agastya Gurukulam Woodinville, WAPublic Charity$61,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2024$397,340$44,000$70,092$61,5001$70,092$12,834
2023$423,432—$65,835$60,0003$65,835$22,706
2022$489,267—$45,104$27,0003$45,104$25,431
2021$534,371$535,501$1,130——$630$1,059

Under IRS private-foundation payout rules, Shasta Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Shasta Foundation is led by Ks Sree Balaji, Director & President on every filing since 2021; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Ks Sree Balaji

    Director & President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Shankar Anakavour

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Vijaya Viswanathan

    Director & Secretary

    Director & Secretary → Director & Sercretary, 2023

    Director & Sercretary → Director & Secretary, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "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 Shasta Foundation

How much does Shasta Foundation give each year?

Shasta Foundation gave $62K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $60K across 3 grants.

How large is Shasta Foundation?

Shasta Foundation reported $397K in total assets on its 2024 IRS Form 990-PF. It paid out $70K in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets).

Where does Shasta Foundation operate?

Shasta Foundation has awarded grants in California, New Jersey, Texas, Washington.

What is Shasta Foundation's EIN?

Shasta Foundation's EIN (Employer Identification Number) is 87-3040253. IRS Form 990 filing data is available on this page for 2021–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

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