Stelac Foundation
Stelac Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $770 in total assets.
Key facts about Stelac Foundation
- EIN
- 26-2833696
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $770
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$770
+71.1% YoY
Revenue
$500
Expenses
$180
+0.0% YoY
Under IRS private-foundation payout rules, Stelac Foundation reported a distributable amount of $38 for 2025 — the minimum it must pay out in qualifying distributions.
Ready to take the next step with Stelac Foundation?
Geographic Focus
Where this funder awards grants
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2019 it made 1 grant totaling $5K.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $770 | $450 | $630 |
| Revenue | $500 | — | — |
| Expenses | $180 | $180 | $180 |
| Distributable Amount | $38 | $26 | $35 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS July 1, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Stelac Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carlos E. Padula
Director
On filings since 2019
1 hr/week
No compensation reported
Charles De Viel Castel
Director
On filings since 2019
1 hr/week
No compensation reported
Clarissa Padula
Manager
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Stelac Foundation
How large is Stelac Foundation?
Stelac Foundation reported $770 in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $500.
Where does Stelac Foundation operate?
Stelac Foundation has awarded grants in District of Columbia.
How much is Stelac Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Stelac Foundation reported a distributable amount of $38 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Stelac Foundation's EIN?
Stelac Foundation's EIN (Employer Identification Number) is 26-2833696. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Stelac Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Stelac Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Ford Foundation
New York, NY
The Ford Foundation funds organizations, individuals, and ideas working to reduce inequality and advance social justice, including work in areas such as immigrant justice, criminal justice reform, gender equity, and arts and culture, through grants around the world. Its 2024 grants had a median of $100,000, with amounts ranging from $45 to $15 million; it does not accept unsolicited requests by mail, email, or phone.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The New York Community Trust
New York, NY
The New York Community Trust funds projects in areas including arts, education, health, human services, community development, and the environment, primarily in New York City, Long Island, and Westchester, with some opportunities elsewhere. Its 2024 median grant was $20,000, though awards varied widely. It accepts applications through its open competitive grants program and selected RFPs or letters of interest; donor-advised funds do not accept proposals.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research in mathematics and the basic sciences, as well as autism and other disease research, through grants to research centers, universities, and related organizations. In 2024, grants ranged from $1,480 to $20 million, with a median of $72,000; funding is concentrated in New York, California, and Massachusetts, with awards also made elsewhere in the U.S. and internationally. Whether it accepts unsolicited requests is not stated.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
Local Initiatives Support Corporation
New York, NY
Local Initiatives Support Corporation funds affordable housing, economic development, education, health, child care, small businesses and other community initiatives, often through grants, loans and equity. Its 2024 grants had a median of $40,000, with awards ranging from $5,189 to $4.7 million, and its work spans communities across all 50 states. It offers specific grant opportunities, but the profile does not state whether it accepts unsolicited requests generally.
Assets
$1.6B
Grants
1,119
Total Given
$102.8M
Wellspring Philanthropic Fund Inc
New York, NY
Wellspring Philanthropic Fund supports climate and environmental work, human rights, civic engagement, Jewish causes, and some economic-opportunity initiatives, with grants reported across the U.S. and internationally. In 2024, its grants ranged from $500 to $9.75 million, with a median of $200,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$134.4M
Grants
1,101
Total Given
$326.0M
More Funders in New York
Stelac Foundation down — hundreds of funders to go?