Sunpower Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $171K in total assets. In 2023, it awarded 3 grants totaling $172K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$171K
+50.0% YoY
Annual Giving
$172K
-43.0% YoY
Grant Count
3
-70.0% YoY
Avg Grant Size
$57K
+90.0% YoY
Under IRS private-foundation payout rules, Sunpower Foundation reported a distributable amount of $9K for 2023 — the minimum it must pay out in qualifying distributions.
About Sunpower Foundation
Based on IRS filings
Sunpower Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $171K in total assets. In 2023, it awarded 3 grants totaling $172K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $171,425 | $114,258 | $64,610 |
| Revenue | $229,500 | $353,000 | $13,025 |
| Expenses | $172,333 | $303,352 | $158,631 |
| Qualifying Distributions | $172,333 | $302,128 | $157,624 |
| Net Investment Income | — | — | — |
| Distributable Amount | $8,845 | $6,717 | $6,596 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Thrive Scholars ($100,000), Solar One ($41,250), Good Sun Solar ($30,965).
| Recipient | Purpose | Amount |
|---|---|---|
| GOOD SUN SOLAR GRASS VALLEY, CA | UTILIZE THE SECOND-HAND SOLAR MARKET TO HASTEN THE TRANSITION TO A CLEAN POWER ECONOMY AND HELP UNDERSERVED COMMUNITIES FIND GREATER OPPORTUNITY | $30,965 |
| THRIVE SCHOLARS BOSTON, MA | HELP HIGH-ACHIEVING, LOW-INCOME UNDERREPRESENTED STUDENTS GET INTO AND GRADUATE FROM TOP COLLEGES EQUIPPED TO ACHIEVE THEIR FULL CAREER POTENTIAL | $100,000 |
| SOLAR ONE NEW YORK, NY | DESIGN AND DELIVER INNOVATIVE EDUCATION, TRAINING, AND TECHNICAL ASSISTANCE THAT FOSTERS SUSTAINABILITY AND RESILIENCY IN DIVERSE URBAN ENVIRONMENTS | $41,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TODD REEVES | CEO | 1 | — |
| MARIBELLE BOSTIC | DIRECTOR | 1 | — |
| BEN EINHOUSE | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sunpower Foundation?
Sunpower Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. It holds $171K in total assets as of 2023.
How large is Sunpower Foundation?
As of 2023, Sunpower Foundation holds $171K in total assets with $230K in annual revenue. It awarded 3 grants totaling $172K in 2023.
Where does Sunpower Foundation operate?
Sunpower Foundation has awarded grants in Arizona, California, Colorado, Massachusetts, Minnesota, New York, Oregon, Texas.
What size grants does Sunpower Foundation award?
In 2023, Sunpower Foundation awarded 3 grants totaling $172K — an average of about $57K per grant, based on its IRS Form 990 filings.
How much is Sunpower Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Sunpower Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sunpower Foundation's EIN?
Sunpower Foundation's EIN (Employer Identification Number) is 26-3580015. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in Sunpower Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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