State Forty Eight Foundation logo

State Forty Eight Foundation

Foundation · Grantmaker Chandler, AZ EIN: 85-1524030 Website

To drive local innovation and inspire community action through the support and empowerment of Arizona entrepreneurs and non-profits.

Key facts about State Forty Eight Foundation

In short: State Forty Eight Foundation gave $54K across 8 grants in 2024 (avg $7K), mostly in Arizona. Source: 2024 IRS Form 990 filing.

EIN
85-1524030
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$54,000
Grants made (2024)
8
Average grant
$6,750
Median grant
$7,000
Total assets
$15,554
Primary geography
Arizona (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$16K

-54.6% YoY

Annual Giving

$54K

Grant Count

8

Avg Grant Size

$7K

About State Forty Eight Foundation

Based on IRS filings

State Forty Eight Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Chandler, AZ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 8 grants totaling $54K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 8 itemized 2024 grant dollars.

States

Cities

GilbertMesaPhoenixFountain HillsTempe

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants20210 grants20220 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

The Pad Studio LLC: $10KThe Pad Studio LLC$10KJuntos LLC: $8KJuntos LLC$8KGinger CC Design LLC: $8KGinger CC Design LLC$8KHard Copy Media LLC: $8KHard Copy Media LLC$8KCasita Coffee LLC: $7KCasita Coffee LLC$7KReclaim Vibrance LLC: $5KReclaim Vibrance LLC$5KAlla Herbs LLC: $5KAlla Herbs LLC$5KBusiness Genie: $5KBusiness Genie$5K

Grant Size Distribution

8 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Pad Studio LLC Mesa, AZ2024 SFEF Grant Winner$10,000
Juntos LLC Phoenix, AZ2024 SFEF Grant Winner$7,500
Ginger CC Design LLC Gilbert, AZ2024 SFEF Grant Winner$7,500
Hard Copy Media LLC Fountain Hills, AZ2024 SFEF Grant Winner$7,500
Casita Coffee LLC Gilbert, AZ2023 SFEF Grant Winner$6,500
Reclaim Vibrance LLC Phoenix, AZ2024 SFEF Grant Winner$5,000
Alla Herbs LLC Tempe, AZ2024 SFEF Grant Winner$5,000
Business Genie Mesa, AZ2024 SFEF Grant Winner$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2021202220232024
Metric202420232022
Total Assets$15,554$34,280$61,306
Revenue$314,185$282,595$220,707
Expenses$362,033$288,792$219,603
Qualifying Distributions———
Net Investment Income——$19
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

State Forty Eight Foundation is led by Michael Spangenberg, Chair of the Boardtre on every filing since 2021; none of the 16 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael Spangenberg

    Chair of the Boardtre

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Nicholas Polando

    Board Member

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Tyler Sublette

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Alycia Elfstrom

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Amber Cordoba

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Bernard Johnsen

    Board Member

    On filings since 2023

    No compensation reported

  • Dominic Orozco

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jason Byers

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Kyle Jennings

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Noah Ruiz

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Shannon Breen

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Tim Regan

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Alex Guerrero

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Brandon Michaels

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Melody Lewis

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Sentari Minor

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (7)
  • Former: Michelle McQueen (2021–2023) — Board Member
  • Former: Sarah Amaral (2021–2023) — Board Member
  • Former: Zachary Hall (2021–2023) — Presidentboard Member
  • Former: Katie Wasson (2023) — Secretary
  • Former: Doug Penick (2021–2022) — Board Member
  • Former: Rabbanni Furqaan (2021–2022) — Board Member
  • Former: Tyson Nansel (2021–2022) — Board Member

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 State Forty Eight Foundation

How much does State Forty Eight Foundation give each year?

State Forty Eight Foundation gave $54K across 8 grants in 2024, according to its 2024 IRS Form 990 filing.

What is State Forty Eight Foundation's typical grant size?

State Forty Eight Foundation's median grant in 2024 was $7,000, and its average grant was $6,750, across 8 grants on its 2024 IRS Form 990 filing.

Where does State Forty Eight Foundation give grants?

State Forty Eight Foundation gives mostly in Arizona: 100% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Mesa, AZ (2 grants), Gilbert, AZ (2 grants) and Phoenix, AZ (2 grants).

Does State Forty Eight Foundation give general operating support?

Not in 2024: none of the 8 grants with a stated purpose on State Forty Eight Foundation's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "2024 SFEF Grant Winner" (7 grants).

Who are State Forty Eight Foundation's largest grantees?

State Forty Eight Foundation's largest 2024 grantees include The Pad Studio LLC ($10,000), Juntos LLC ($7,500) and Ginger CC Design LLC ($7,500), according to its 2024 IRS Form 990 filing. Together they received 46% of its itemized 2024 grant dollars.

How large is State Forty Eight Foundation?

State Forty Eight Foundation reported $16K in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $314K.

What is State Forty Eight Foundation?

State Forty Eight Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Chandler, AZ. It holds $16K in total assets as of 2024.

What is State Forty Eight Foundation's EIN?

State Forty Eight Foundation's EIN (Employer Identification Number) is 85-1524030. IRS Form 990 filing data is available on this page for 2021–2024.

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

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