Waka Foundation Inc

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.

Key facts about Waka Foundation Inc

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

EIN
13-3973868
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$783
Grants made (2025)
1
Average grant
$783
Median grant
$783
Total assets
$319,651
Primary geography
California (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$320K

-2.2% YoY

Annual Giving

$783

-43.4% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$783

+13.2% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of all 1 itemized 2025 grant dollars.

Cities

New YorkSan FranciscoShelburnePocantico HillsNew WindsorAlbanyAtlantaBeaconBringhamptonBronxEast ThetfordHyde ParkMontgomeryPark CityPittsboroSarasotaSouthamptonWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K15 grants20199 grants20204 grants202115 grants20227 grants20232 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

The Threshold Foundation: $783The 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+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
THE THRESHOLD FOUNDATION San Francisco, CAGENERAL PURPOSE$783

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2019202020212022202320242025
Metric202520242023
Total Assets$319,651$326,819$256,998
Revenue$12,275$87,601$6,653
Expenses$19,283$18,133$29,589
Qualifying Distributions$5,546$15,371$14,381
Net Investment Income$71$6,351$1,338
Distributable Amount$21,803$17,689$14,637

Data update history

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

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

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).

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.

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