Updraft Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FOUNTAIN HILLS, AZ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $161K in total assets. In 2024, it awarded 2 grants totaling $13K. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$161K
-4.4% YoY
Annual Giving
$13K
-41.3% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$7K
-41.3% YoY
About Updraft Foundation
Based on IRS filings
Updraft Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FOUNTAIN HILLS, AZ. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $161K in total assets. In 2024, it awarded 2 grants totaling $13K. Net investment income was $8K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $161,027 | $168,389 | $190,062 |
| Revenue | $7,623 | $1,482 | — |
| Expenses | $14,985 | $23,155 | $4,898 |
| Qualifying Distributions | $14,985 | $23,155 | $4,898 |
| Net Investment Income | $7,623 | $1,482 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Co David R Gonzalez Special Needs T ($7,058), Scott Shaum ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SCOTT SHAUM Woodland Park, CO | Medical expenses | $6,000 |
| CO DAVID R GONZALEZ SPECIAL NEEDS T Pingree Grove, IL | Medical and therapy expenses | $7,058 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEITH W BUBB | President | — | — |
| ASHLEY E BUBB | Secretary | — | — |
| TONI R BUBB | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Updraft Foundation?
Updraft Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FOUNTAIN HILLS, AZ. It holds $161K in total assets as of 2024.
How large is Updraft Foundation?
As of 2024, Updraft Foundation holds $161K in total assets with $8K in annual revenue. It awarded 2 grants totaling $13K in 2024.
Where does Updraft Foundation operate?
Updraft Foundation has awarded grants in Arizona, Colorado, Illinois.
What size grants does Updraft Foundation award?
In 2024, Updraft Foundation awarded 2 grants totaling $13K — an average of about $7K per grant, based on its IRS Form 990 filings.
What is Updraft Foundation's EIN?
Updraft Foundation's EIN (Employer Identification Number) is 87-4143249. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Updraft 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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