Waka Foundation Inc

Private foundation · Grantmaker New York, NY EIN: 13-3973868

Waka Foundation Inc is a private foundation focused on Health, based in New York, NY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $320K in total assets. In 2025, it awarded 1 grant totaling $783. Net investment income was $71.

Waka Foundation Inc at a glance

In short: Waka Foundation Inc gave $783 across 1 grant in 2025 (avg $783), mostly in California. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$783
-43.4% vs 2024
Grants made (2025)
1
-50.0% vs 2024
Average grant
$783
+13.2% vs 2024
Median grant
$783
Total assets
$319,651
-2.2% vs 2024
Primary geography
California (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Waka Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

The Threshold Foundation: $783The Threshold Foundation$783

The largest 2025 recipient was The Threshold Foundation ($783).

Grant Size Distribution

29 grants across all recorded years

29<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 29 grants of 29 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of the 2025 grant dollars on its one itemized grant.

Cities

New YorkSan FranciscoShelburnePocantico HillsNew WindsorAlbanyAtlantaBeaconBringhamptonBronxEast ThetfordHyde ParkMontgomeryPark CityPittsboroSarasotaSouthamptonWashington

How Waka Foundation Inc gives

  • Giving fell 95% from 2022 to 2025. Method
  • In 2025 it paid out 25% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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$10K$20K$30K15 grants2019 9 grants2020 4 grants2021 15 grants2022 7 grants2023 2 grants2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $783 (2025) to $25K (2019). In 2025 it made 1 grant totaling $783.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Threshold Foundation San Francisco, CAGeneral Purpose$783
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$319,651$12,275$19,283$7831$5,546$71$21,803
2024$326,819$87,601$18,133$1,3832$15,371$6,351$17,689
2023$256,998$6,653$29,589$3,8817$14,381$1,338$14,637
2022$280,092$2,008$92,722$16,71115$40,346$3,849$19,054
2021$372,284$271,295$36,335$2,6734—$77,871$18,014
2020$304,197$120,191$49,579$17,2379—$72,840$14,425
2019$235,530$57,545$62,208$25,11515—$26,536$16,131

Under IRS private-foundation payout rules, Waka Foundation Inc reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Waka Foundation Inc is led by Hans Li, President & Director on every filing since 2019; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Hans Li

    President & Director

    On filings since 2019

    2 hrs/week

    $48K (2022) → $0 (2025)

  • Carina Courtright

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jennifer Kouvant

    Director

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Molly McBride

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Victoria Meyers

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

Hans Li — President, Director: $48KHans LiPresident, Director$48K

The highest reported compensation on the 2022 filing was $48K, to Hans Li (President, Director).

Frequently asked questions about Waka Foundation Inc

How much does Waka Foundation Inc give each year?

Waka Foundation Inc gave $783 across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1K across 2 grants.

How large is Waka Foundation Inc?

Waka Foundation Inc reported $320K in total assets on its 2025 IRS Form 990-PF. It paid out $6K in qualifying distributions that year, against a required minimum of $22K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Waka Foundation Inc?

Waka Foundation Inc is a private foundation focused on Health, based in New York, NY. It holds $320K in total assets as of 2025.

Where does Waka Foundation Inc operate?

Waka Foundation Inc has awarded grants in Alabama, California, District of Columbia, Florida, Georgia, North Carolina, New York, Utah, Vermont.

What is Waka Foundation Inc's EIN?

Waka Foundation Inc's EIN (Employer Identification Number) is 13-3973868. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS July 15, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 3, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 14, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS January 16, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 28, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS January 15, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 11, 2026)
  8. IRS filings on file for fiscal years 2019–2025

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

Figures come from Waka Foundation Inc'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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