INNOVATE FAMILY FOUNDATION
https://N/ATotal Given 2016–2018
$15.3M
32 grants · $5.1M avg/year
based on 3 yrs of IRS 990-PF records on file
$1M+/yr
mid-tier
capacity
$14K
typical small grants · $5K–$60K
grant size
0%
transactional · single-year
repeat
$12.6M
Assets · 2018
27
Distinct recipients
About
DURING THE CURRENT YEAR THE FOUNDATION MADE THE FOLLOWING DISTRIBUTIONS IN TERMINATION. THESE DISTRIBUTIONS DO CONSTITUTE A FINAL DISTRIBUTION OF THE FOUNDATION'S ASSETS. (THE FINAL DISTRIBUTION OF ASSETS WAS MADE ON DECEMBER 31, 2018.) RECIPIENT'S NAME: NEXT GEN PERSONAL FINANCE RECIPIENT'S ADDRESS: 532 EMERSON STREET, PALO ALTO, CA, 94301 ASSETS DISTRIBUTED: CASH, NOTES RECEIVABLE, SECURITIES FAIR MARKET VALUE: 13,889,778 THE RESOLUTION OF TERMINATION WAS ADOPTED BY THE FOUNDATION ON DECEMBER 31, 2018.
Focus Areas
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
6502188408
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $881K | $12.6M | $457K | 23 |
| 2018 | $14.4M | $0 | $138K | 9 |
Grant Size Distribution
Based on 32 grants on record
Minimum
$885
25th Pctl
$5K
Median
$14K
Average
$478K
75th Pctl
$60K
Maximum
$13.9M
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| TIMOTHY RANZETTA | PRESIDENT | — |
Grants Awarded (32 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| NEXT GEN PERSONAL FINANCE | PALO ALTO, CA | $13,889,778 | PROGRAM SUPPORT | 2018 |
| EASTSIDE COLLEGE PREPARATORY SCHOOL INC | E PALO ALTO, CA | $280,000 | Endowment Fund, Career Pathway Fund and Scholarship Fund | 2016 |
| CENTER FOR FINANCIAL CAPABILITY | PALO ALTO, CA | $275,000 | PROGRAM SUPPORT | 2018 |
| IMPACTASSETS INC | BETHESDA, MD | $100,000 | FARM Fund | 2016 |
| IQRA FUND | BOZEMAN, MT | $100,000 | General & Unrestricted | 2016 |
| COALITION FOR TRANSPLANT PROGRAM EV | NEW ORLEANS, LA | $100,000 | PROGRAM SUPPORT | 2018 |
| FRESH LIFELINES FOR YOUTH INC | MILPITAS, CA | $75,000 | Program expansion to San Francisco and Alameda County | 2016 |
| CENTER FOR FINANCIAL CAPABILITY INC | PALO ALTO, CA | $60,089 | General & Unrestricted | 2016 |
| SECUREFUTURES FOUNDATION INC | MILWAUKEE, WI | $60,000 | PROGRAM SUPPORT | 2018 |
| MK LEVEL PLAYING FIELD INSTITUTE | OAKLAND, CA | $50,000 | SMASH program | 2016 |
| DONORSCHOOSEORG | NEW YORK, NY | $50,000 | PROGRAM SUPPORT | 2018 |
| SCHOLARMATCH INC | SAN FRANCISCO, CA | $50,000 | General & Unrestricted | 2016 |
| SPRINGBOARD COLLABORATIVE | PHILADELPHIA, PA | $50,000 | General & Unrestricted | 2016 |
| OPPORTUNITY INSTITUTE | BERKELEY, CA | $25,000 | San Francisco Talking is Teaching Program | 2016 |
| SILICON VALLEY COMMUNITY FOUNDATION | MOUNTAIN VIEW, CA | $25,000 | Center for Early Learning Program | 2016 |
| RECTOR & VISITORS OF THE UNIVERSITY OF VIRGINIA | CHARLOTTESVILLE, VA | $20,000 | Rotunda Restoration Program | 2016 |
| COMMUNITY LEGAL SERVICES EAST PA | EAST PALO ALTO, CA | $8,000 | PROGRAM SUPPORT | 2018 |
| PALO ALTO ART CENTER FOUNDATION | PALO ALTO, CA | $6,000 | PROGRAM SUPPORT | 2018 |
| THE BASIC FUND | OAKLAND, CA | $6,000 | PROGRAM SUPPORT | 2018 |
| UASPIRE INC | OAKLAND, CA | $5,185 | Professional Development Training Fund | 2016 |
| SCHOLARMATCH INC | SAN FRANCISCO, CA | $5,000 | Professional Development Fund | 2016 |
| FRESH LIFELINES FOR YOUTH INC | MILPITAS, CA | $5,000 | professional develoment Fund | 2016 |
| IQRA FUND | BOZEMAN, MT | $5,000 | Professional Development Fund | 2016 |
| ALPHA PUBLIC SCHOOLS INC | SAN JOSE, CA | $5,000 | Professional Development fund for 4 Alpha teachers | 2016 |
| UNIVERSITY OF NOTRE DAME DU LAC | NOTRE DAME, IN | $4,934 | Center for STEM Education - professional development fund | 2016 |