Strongpoint Foundation

LOS ALTOS, CA EIN: 84-3869796

Strongpoint Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ALTOS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 6 grants totaling $1.9M. Net investment income was $1.3M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-30.3% YoY

Annual Giving

$1.9M

+284.6% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$314K

+284.6% YoY

Under IRS private-foundation payout rules, Strongpoint Foundation reported a distributable amount of $99K for 2024 — the minimum it must pay out in qualifying distributions.

About Strongpoint Foundation

Based on IRS filings

Strongpoint Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ALTOS, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 6 grants totaling $1.9M. Net investment income was $1.3M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

Ann ArborArlingtonBostonChicagoEast Palo AltoMilpitasNew YorkOaklandSan FranciscoSan JoseSunnyvaleWarwick

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$523K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$1,688,821$2,423,769$2,257,856
Revenue$1,401,803$648,099$781,785
Expenses$1,901,614$494,757$746,746
Qualifying Distributions$1,885,330$490,000$746,000
Net Investment Income$1,335,647$247,898$342,256
Distributable Amount$98,785$114,979$118,408

Giving Over Time

Total grant dollars and number of grants per year

$0$471K$942K$1M$2M7 grants20208 grants20217 grants20226 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

VANGUARD CHARITABLE$1.1MSECOND HARVEST OF SILICO…$700KFIDELITY INVESTMENTS CHA…$20KUNIVERSITY OF MICHIGAN$15KEPACENTER$5KALAMEDA COUNTY COMMUNITY…$3K

Grant Size Distribution

34 grants across all recorded years

28<$50K$50–100K$100–250K2$250–500K3$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Vanguard Charitable ($1,142,000), Second Harvest of Silicon Valley ($700,000), Fidelity Investments Charitable Gift Fund ($20,000).

RecipientPurposeAmount
UNIVERSITY OF MICHIGAN ANN ARBOR, MIAROTC NORMANDY LEADERSHIP AND HISTORICAL RESEARCH STUDIES FUND$15,000
FIDELITY INVESTMENTS CHARITABLE GIFT FUND BOSTON, MALINDELL GIVING FUND$20,000
ALAMEDA COUNTY COMMUNITY FOOD BANK OAKLAND, CACHARITABLE$2,500
EPACENTER EAST PALO ALTO, CACHARITABLE$5,250
SECOND HARVEST OF SILICON VALLEY SAN JOSE, CACHARITABLE$700,000
VANGUARD CHARITABLE WARWICK, RICHARITABLE$1,142,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DAVID BABULAKPRESIDENT1
LIEN BABULAKTREASURER1
JOHN MCCARTHYSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Strongpoint Foundation?

Strongpoint Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ALTOS, CA. It holds $1.7M in total assets as of 2024.

How large is Strongpoint Foundation?

As of 2024, Strongpoint Foundation holds $1.7M in total assets with $1.4M in annual revenue. It awarded 6 grants totaling $1.9M in 2024.

Where does Strongpoint Foundation operate?

Strongpoint Foundation has awarded grants in California, Illinois, Massachusetts, Michigan, New York, Rhode Island, Virginia.

What size grants does Strongpoint Foundation award?

In 2024, Strongpoint Foundation awarded 6 grants totaling $1.9M — an average of about $314K per grant, based on its IRS Form 990 filings.

How much is Strongpoint Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Strongpoint Foundation reported a distributable amount of $99K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Strongpoint Foundation's EIN?

Strongpoint Foundation's EIN (Employer Identification Number) is 84-3869796. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Strongpoint Foundation's focus areas in our free grants database

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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