SSS Foundation Inc
SSS Foundation Inc is a private foundation based in St. Petersburg, Florida. Its 2024 filing reports grants to charitable organizations, with the largest listed awards going to organizations named in connection with India and a smaller grant to a California organization.
SSS Foundation Inc at a glance
In short: SSS Foundation Inc gave $1.1M across 18 grants in 2024 (avg $63K), mostly in Florida. 33% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,133,305
- -0.6% vs 2023
- Grants made (2024)
- 18
- +5.9% vs 2023
- Average grant
- $62,961
- -6.1% vs 2023
- Median grant
- $5,275
- Total assets
- $6,231,250
- +9.6% vs 2023
- New grantees (estimate)
- 33% first-time grantees (4 of 12, 2024; small sample)
- Primary geography
- Florida (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to SSS Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests. It makes contributions only to preselected charitable organizations and uses a standard grant application form containing information about the organization for consideration.
- Contact
Application contact: Peter Schatzel
Mailing address: 500 94Th Avenue North, St Petersburg, FL 33072
Phone: (727) 578-1040
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who SSS Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Sri Sathya Sai Central Trust ($950K across 3 grants). Together the top 10 received $1.1M.
Grant Size Distribution
74 grants across all recorded years
The most common grant size was under $50K: 56 grants of 74 (76%).
Geographic Focus
Where this funder awards grants
In 2024, 99% of grant dollars went to recipients listed in Florida, 1% to recipients listed in California, and less than 1% to recipients listed in Maryland. The filing lists several major recipients with “India” in their names and Florida as their listed location.
Grant Distribution by State
Share of 2024 grant dollars across all 18 itemized grants.
States
Cities
Is SSS Foundation Inc open to new grantees?
33%
first-time grantees, 2024
In 2024, 4 of 12 grantees (33%) were first-time recipients. With only 12 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $13K; repeat grants $135K. How we count
Medians: $4K first-time, $5K repeat.
- 58% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−9%). Method
- In 2024 it paid out 433% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $479K (2020) to $1.2M (2021). In 2024 it made 18 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sri Sathya Sai Central Trust India, FL | See Attached Rev Pro 92-94 Statement | $350,000 |
| Sri Sathya Sai Central Trust India, FL | See Attached Rev Pro 92-94 Statement | $300,300 |
| Sri Sathya Sai Central Trust India, FL | See Attached Rev Pro 92-94 Statement | $300,000 |
| Sri Sathya Sai Trust Karnataka India, FL | See Attached Rev Pro 92-94 Statement | $50,050 |
| JSS Medical College India, FL | See Attached Rev PROC92-94 Statement | $41,025 |
| Sri Sathya Sai Trust Karnataka India, FL | See Attached Rev Pro 92-94 Statement | $25,030 |
| Sri Sathya Sai Trust Karnataka India, FL | See Attached Rev Pro 92-94 Statement | $20,050 |
| Ishwaramba Trust India, FL | See Attached Rev Pro 92-94 Statement | $10,050 |
| Mysore Medical College Grad Assn Pacific Palisades, CA | Encourage Mentorship and Research | $5,500 |
| Ishwaramba Trust India, FL | See Attached Rev Pro 92-94 Statement | $5,050 |
Ready to take the next step with SSS Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $6,231,250 | $1,691,215 | $1,147,096 | $1,133,305 | 18 | $1,133,305 | $212,161 | $261,478 |
| 2023 | $5,687,131 | $1,538,918 | $1,143,168 | $1,139,770 | 17 | $1,139,770 | $81,674 | $241,113 |
| 2022 | $5,291,381 | $2,214,361 | $1,071,740 | $1,071,100 | 14 | $1,071,100 | $9,110 | $195,433 |
| 2021 | $4,148,760 | $3,646,054 | $1,243,768 | $1,239,000 | 18 | $1,239,000 | — | $77,564 |
| 2020 | $1,746,474 | $1,277,935 | $479,117 | $479,000 | 7 | — | $2,933 | $42,581 |
Under IRS private-foundation payout rules, SSS Foundation Inc reported a distributable amount of $261K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s mission is not stated in the available information. Its 2024 grants show support for organizations named as trusts, a medical college, a medical-college graduates association, and a meditation organization. One recipient, Solutions for Change Inc, describes its mission as solving family homelessness, one family and one community at a time.
Grantmaking
In 2024, the foundation reported 18 grants totaling $1,133,305. Individual grants ranged from $1,000 to $350,000, with a median of $5,275. Its largest awards included $350,000, $300,300, and $300,000 to Sri Sathya Sai Central Trust; $50,050 to Sri Sathya Sai Trust Karnataka; and $41,025 to JSS Medical College. Solutions for Change Inc received $1,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Jayaprakash K Kamath as president, Geetha J Kamath as secretary, and Peter C Schatzel as treasurer.
SSS Foundation Inc is led by Jayaprakash K. Kamath, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jayaprakash K. Kamath
President
On filings since 2020
0.5 hrs/week
No compensation reported
Geetha J. Kamath
Secretary
On filings since 2020
0.8 hrs/week
No compensation reported
Peter C. Schatzel
Treasurer
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 SSS Foundation Inc
How much does SSS Foundation Inc give each year?
SSS Foundation Inc gave $1.1M across 18 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.1M across 17 grants.
What is SSS Foundation Inc's typical grant size?
SSS Foundation Inc's median grant in 2024 was $5,275, and its average grant was $62,961, across 18 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from SSS Foundation Inc that year got $13K on average.
Where does SSS Foundation Inc give grants?
SSS Foundation Inc gives mostly in Florida: 99% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were India, FL (11 grants) and Clearwater, FL (2 grants).
Does SSS Foundation Inc give general operating support?
Occasionally: 6% of SSS Foundation Inc's 2024 grants with a stated purpose (1 of 18) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "See Attached Rev Pro 92-94 Statement" (9 grants).
Who are SSS Foundation Inc's largest grantees?
SSS Foundation Inc's largest 2024 grantees include Sri Sathya Sai Central Trust ($950,300 across 3 grants), Sri Sathya Sai Trust Karnataka ($100,180 across 4 grants) and JSS Medical College ($41,025), according to its 2024 IRS Form 990-PF. Together they received 96% of its itemized 2024 grant dollars.
How large is SSS Foundation Inc?
SSS Foundation Inc reported $6.2M in total assets on its 2024 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $261K (roughly 5% of its investment assets).
What does SSS Foundation Inc fund?
The foundation’s mission is not stated in the available information. Its 2024 grants show support for organizations named as trusts, a medical college, a medical-college graduates association, and a meditation organization. See mission & focus areas ↑
How do I apply for a grant from SSS Foundation Inc?
The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is SSS Foundation Inc's EIN?
SSS Foundation Inc's EIN (Employer Identification Number) is 32-0314794. IRS Form 990 filing data is available on this page for 2020–2024.
Does SSS Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work SSS Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in SSS Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). SSS Foundation Inc funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/sss-foundation-inc-morg_7e04f933ef39484a9f38e9b4fcda2fbc
BibTeX
@misc{grantable_320314794_2026,
author = {{Grantable}},
title = {{SSS Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/sss-foundation-inc-morg_7e04f933ef39484a9f38e9b4fcda2fbc},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from SSS Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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