Sunpower Foundation

AUSTIN, TX EIN: 26-3580015

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

AustinBerkelyBostonConcordEaganGrass ValleyHillsboroNew YorkOaklandPaoniaQueen CreekSacramentoSan JoseVenturaWatsonville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$97K$194K$291K$388K2020202120222023
Metric202320222021
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

$0$76K$151K$227K$302K4 grants202012 grants202110 grants20223 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

THRIVE SCHOLARS$100KSOLAR ONE$41KGOOD SUN SOLAR$31K

Grant Size Distribution

29 grants across all recorded years

23<$50K5$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
GOOD SUN SOLAR GRASS VALLEY, CAUTILIZE 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, MAHELP 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, NYDESIGN 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

NameTitleHoursCompensation
TODD REEVESCEO1
MARIBELLE BOSTICDIRECTOR1
BEN EINHOUSESECRETARY1

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.

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

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