Sunpower Foundation

Private foundation · Grantmaker Austin, TX EIN: 26-3580015

Sunpower Foundation is a private foundation, 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.

Sunpower Foundation at a glance

In short: Sunpower Foundation gave $172K across 3 grants in 2023 (avg $57K), mostly in Massachusetts. Source: 2023 IRS Form 990-PF.

Annual giving (2023)
$172,215
-43.0% vs 2022
Grants made (2023)
3
-70.0% vs 2022
Average grant
$57,405
+90.0% vs 2022
Median grant
$41,250
Total assets
$171,425
+50.0% vs 2022
Primary geography
Massachusetts (58% of itemized 2023 grant dollars)
Latest 990 filing
Form 990-PF, 2023 View filing

Data from IRS Form 990-PF, 2023; updated September 2026.

Who Sunpower Foundation funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

Thrive Scholars: $100KThrive Scholars$100KSolar One: $41KSolar One$41KGood Sun Solar: $31KGood Sun Solar$31K

The largest 2023 recipient was Thrive Scholars ($100K). Together the top 3 received $172K.

Grant Size Distribution

29 grants across all recorded years

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

The most common grant size was under $50K: 23 grants of 29 (79%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of 2023 grant dollars across all 3 itemized grants.

Cities

San JoseOaklandBerkelyGrass ValleyAustinBostonConcordEaganHillsboroNew YorkPaoniaQueen CreekSacramentoVenturaWatsonville

How Sunpower Foundation gives

  • Giving grew 37% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K4 grants2020 12 grants2021 10 grants2022 3 grants2023

From 2020 to 2023, annual grant giving ranged from $125K (2020) to $302K (2022). In 2023 it made 3 grants totaling $172K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
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
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
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2023$171,425$229,500$172,333$172,2153$172,333$8,845
2022$114,258$353,000$303,352$302,12810$302,128$6,717
2021$64,610$13,025$158,631$157,62412$157,624$6,596
2020$210,216$258,500$126,033$125,3994—$10,509

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.

Leadership & Key People

Officers and directors from IRS filings

Sunpower Foundation is led by Todd Reeves, CEO on every filing since 2022; none of the 3 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Todd Reeves

    CEO

    On filings since 2022

    1 hr/week

    No compensation reported

  • Maribelle Bostic

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Ben Einhouse

    Secretary

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (6)
  • Former: Joanne Endow (2020–2022) — CFO
  • Former: Douglas Richards (2020–2021) — President
  • Former: Elizabeth McKone (2020–2021) — Director
  • Former: Kathryn Jenkins (2020–2021) — Secretary
  • Former: Renee Solari (2020–2021) — Vice President
  • Former: Manavendra Sial (2021) — Director

Data from IRS Form 990 filings, 2020–2023. "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 Sunpower Foundation

How much does Sunpower Foundation give each year?

Sunpower Foundation gave $172K across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $302K across 10 grants.

What is Sunpower Foundation's typical grant size?

Sunpower Foundation's median grant in 2023 was $41,250, and its average grant was $57,405, across 3 grants on its 2023 IRS Form 990-PF.

Where does Sunpower Foundation give grants?

Sunpower Foundation gives mostly in Massachusetts: 58% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest states were New York (24%) and California (18%).

Does Sunpower Foundation give general operating support?

Not in 2023: none of the 3 grants with a stated purpose on Sunpower Foundation's 2023 IRS Form 990-PF were described as general or operating support.

How large is Sunpower Foundation?

Sunpower Foundation reported $171K in total assets on its 2023 IRS Form 990-PF. It paid out $172K in qualifying distributions that year, against a required minimum of $9K (roughly 5% of its investment assets).

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.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2023

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Sunpower Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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