There is a Light Foundation
There is a Light Foundation is a private foundation based in Delaware. The foundation operates on an invite-only basis and does not accept unsolicited grant applications.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
-6.0% YoY
Annual Giving
$697K
+32.2% YoY
Grant Count
70
+70.7% YoY
Avg Grant Size
$10K
-22.6% YoY
Under IRS private-foundation payout rules, There is a Light Foundation reported a distributable amount of $93K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities include music education and scholarship support for youth.
Grantmaking
The foundation does not accept unsolicited applications. All grants are made on an invite-only basis.
Grant Range
$15,000
How to Apply
**
Ready to take the next step with There is a Light Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total assets: $2.1 million
- Annual giving rate: 22.0% of assets
- Most recent filing: 2023 (Form 990-PF)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,959,004 | $2,084,927 | $2,018,776 |
| Revenue | $614,694 | $619,548 | $438,787 |
| Expenses | $740,617 | $553,397 | $185,295 |
| Qualifying Distributions | $729,696 | $543,871 | $172,519 |
| Net Investment Income | $155,252 | $149,383 | $51,617 |
| Distributable Amount | $93,191 | $94,898 | $77,235 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
108 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Southwestern Law School ($250,000), Southwestern Law School ($75,000), Innocence Oc ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A QUARTER BLUE ORANGE, CA | General & Unrestricted | $10,000 |
| R Lacerda campos teixeira AZUSA, CA | Scholarship Grant | $2,000 |
| V Gautto AZUSA, CA | Scholarship grant | $3,719 |
| A Sallan BOSTON, MA | Scholarship grant | $5,000 |
| A Dempsey MT PLEASANT, SC | Scholarship Grant | $5,000 |
| CHANCE FOR CHANGE LOS ANGELES, CA | General & Unrestricted | $5,000 |
| EDWARD CHARLES FOUNDATION BEVERLY HILLS, CA | Visionary Survivor Creative Fund | $10,000 |
| FOUNDATION FOR ADVOCACY INCLUSION AND RESOURCES WOODLAND HLS, CA | General & Unrestricted | $5,000 |
| G Ferraresso Long Beach, CA | Scholarship Grant | $5,000 |
| HEROIC HEARTS PROJECT INC NEW YORK, NY | General & Unrestricted | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Pejman Ben-Cohen | Sec, Treas, VP | 1 | — |
| Arash Homampour | Dir, Pres | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation announced a $70,000 scholarship collaboration with IO Music Academy.
IO Music Academy announces $70,000 scholarship collaboration with There IsSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does There is a Light Foundation fund?
The foundation's giving priorities include music education and scholarship support for youth.
How do I apply for a grant from There is a Light Foundation?
**Grant Activity:** • Annual giving: $459,000 • Number of grants: 27 annually • Median grant size: $15,000 • Grant range: $1,000 - $50,000 **Application Process:** The foundation does not accept unsolicited applications. All grants are made on an invite-only basis.
What size grants does There is a Light Foundation award?
In 2024, There is a Light Foundation awarded 70 grants totaling $697K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is There is a Light Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, There is a Light Foundation reported a distributable amount of $93K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is There is a Light Foundation's EIN?
There is a Light Foundation's EIN (Employer Identification Number) is 85-3525074. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in There is a Light Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.