Why Not Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORANGE, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 3 grants totaling $21K. Net investment income was $140K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+6.5% YoY
Annual Giving
$21K
+3.3% YoY
Grant Count
3
+200.0% YoY
Avg Grant Size
$7K
-65.6% YoY
Under IRS private-foundation payout rules, Why Not Foundation reported a distributable amount of $84K for 2024 — the minimum it must pay out in qualifying distributions.
About Why Not Foundation
Based on IRS filings
Why Not Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORANGE, CA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 3 grants totaling $21K. Net investment income was $140K.
Focus Areas
Ready to take the next step with Why Not Foundation?
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 | $1,843,444 | $1,730,817 | $1,638,242 |
| Revenue | $146,158 | $131,151 | $-46,840 |
| Expenses | $33,531 | $38,576 | $75,798 |
| Qualifying Distributions | $26,960 | $30,654 | $75,798 |
| Net Investment Income | $139,587 | $123,229 | — |
| Distributable Amount | $84,248 | $81,198 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Other ($10,000), Priceless Pet Rescue Org ($5,650), St Marks Episcopal Church ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST MARKS EPISCOPAL CHURCH GULFPORT, MS | DONATION | $5,000 |
| PRICELESS PET RESCUE ORG COSTA MESA, CA | DONATION | $5,650 |
| OTHER REDWOOD CITY, CA | DONATION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN STECKLER | Trustee | 5 | — |
| TERRY STECKLER | Trustee | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Why Not Foundation?
Why Not Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ORANGE, CA. It holds $1.8M in total assets as of 2024.
How large is Why Not Foundation?
As of 2024, Why Not Foundation holds $1.8M in total assets with $146K in annual revenue. It awarded 3 grants totaling $21K in 2024.
Where does Why Not Foundation operate?
Why Not Foundation has awarded grants in Alabama, California, Colorado, Mississippi, Ohio.
What size grants does Why Not Foundation award?
In 2024, Why Not Foundation awarded 3 grants totaling $21K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Why Not Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Why Not Foundation reported a distributable amount of $84K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Why Not Foundation's EIN?
Why Not Foundation's EIN (Employer Identification Number) is 30-6556291. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Why Not 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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