Upside Down Foundation is a private foundation focused on Education, based in PASADENA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $570K in total assets. In 2024, it awarded 22 grants totaling $184K. Net investment income was $206K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$570K
+3.6% YoY
Annual Giving
$184K
+15.7% YoY
Grant Count
22
+37.5% YoY
Avg Grant Size
$8K
-15.8% YoY
Under IRS private-foundation payout rules, Upside Down Foundation reported a distributable amount of $155K for 2024 — the minimum it must pay out in qualifying distributions.
About Upside Down Foundation
Based on IRS filings
Upside Down Foundation is a private foundation focused on Education, based in PASADENA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $570K in total assets. In 2024, it awarded 22 grants totaling $184K. Net investment income was $206K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $569,689 | $549,707 | $585,847 |
| Revenue | $206,188 | $123,137 | $85,420 |
| Expenses | $186,206 | $159,277 | $118,309 |
| Qualifying Distributions | $183,974 | $158,930 | $115,755 |
| Net Investment Income | $206,188 | $123,137 | $85,420 |
| Distributable Amount | $155,237 | $132,156 | $127,830 |
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
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Crystal Powers ($35,000), Heavenly Treasures ($22,745), Jason Kerner Missionary Middle East ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AADAP INC LOS ANGELES, CA | CHARITY | $3,000 |
| AVENUES PREGNANCY CLINIC GLENDALE, CA | CHARITY | $5,000 |
| BIBLE STUDY FELLOWSHIP SAN ANTONIO, TX | CHARITY | $1,000 |
| CONVALESCENT AID SOCIETY PASADENA, CA | CHARITY | $1,000 |
| EPICENTRE CHURCH PASADENA, CA | CHARITY | $1,000 |
| HEAVENLY TREASURES GLENDORA, CA | CHARITY | $22,745 |
| INTERNATIONAL CHILDCARE MINISTRIES INDIANAPOLIS, IN | CHARITY | $13,680 |
| JASON KERNER MISSIONARY MIDDLE EAST ALOHA, OR | CHARITY | $20,000 |
| JEWS FOR JESUS SAN FRANCISCO, CA | CHARITY | $5,000 |
| MILLENNIUM RELIEF & DEVELOPMENT SERVICES BELLAIRE, TX | CHARITY | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JERRY WADA | PRESIDENT & DIR | 1 | — |
| JANE WADA | SECRETARY & DIR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Upside Down Foundation?
Upside Down Foundation is a private foundation focused on Education, based in PASADENA, CA. It holds $570K in total assets as of 2024.
How large is Upside Down Foundation?
As of 2024, Upside Down Foundation holds $570K in total assets with $206K in annual revenue. It awarded 22 grants totaling $184K in 2024.
Where does Upside Down Foundation operate?
Upside Down Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Indiana, Kansas, Missouri, New York, Oregon, Texas, Virginia, Wisconsin.
What size grants does Upside Down Foundation award?
In 2024, Upside Down Foundation awarded 22 grants totaling $184K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Upside Down Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Upside Down Foundation reported a distributable amount of $155K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Upside Down Foundation's EIN?
Upside Down Foundation's EIN (Employer Identification Number) is 20-3701540. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Upside Down 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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