State Forty Eight Foundation logo

State Forty Eight Foundation

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.

Financial Overview

From 2024 IRS Form 990-PF · 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

1states

States

Cities

Fountain HillsGilbertMesaPhoenixTempe

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$199K$299K$398K2021202220232024
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

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$27K$41K$54K0 grants20210 grants20220 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

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

Among its reported 2024 grants, the largest include The Pad Studio LLC ($10,000), Juntos LLC ($7,500), Ginger CC Design LLC ($7,500).

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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL SPANGENBERGChair of the BoardTre2
NICHOLAS POLANDOBoard Member2
TYLER SUBLETTEBoard Member1
TIM REGANBoard Member1
NOAH RUIZBoard Member1
AMBER CORDOBABoard Member2
KYLE JENNINGSBoard Member1
JASON BYERSBoard Member1
SHANNON BREENBoard Member1
BERNARD JOHNSENBoard Member
DOMINIC OROZCOBoard Member1
ALYCIA ELFSTROMBoard Member1
SENTARI MINORBoard Member1
ALEX GUERREROBoard Member1
MELODY LEWISBoard Member1
BRANDON MICHAELSBoard Member1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

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.

How large is State Forty Eight Foundation?

As of 2024, State Forty Eight Foundation holds $16K in total assets with $314K in annual revenue. It awarded 8 grants totaling $54K in 2024.

Where does State Forty Eight Foundation operate?

State Forty Eight Foundation has awarded grants in Arizona.

What size grants does State Forty Eight Foundation award?

In 2024, State Forty Eight Foundation awarded 8 grants totaling $54K — an average of about $7K per grant, based on its IRS Form 990 filings.

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.

Explore Open Grants

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Related Funders

Similar funders by location and focus area

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

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