Private non-operating foundationEIN 260729549Est. 2008-01

INOVENT FOUNDATION

NEWPORT BEACH, CA 926607506

Total Assets

$1.4M

FY 2024

Annual Giving

$68K

FY 2024

Grants Made

12

FY 2024

Avg Grant

$6K

FY 2024

Grant Range

$1K–$18K

Typical

Deadlines

Applications

Focus Areas

Private Operating Foundations

Financial Snapshot

2024 filing

Total Revenue

$464K

Total Expenses

$75K

Qualifying Distributions

$68K

Distributable Amount

$58K

Min. Investment Return

$62K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

12 grants

Grant sizes from minimum $1K through median $3K to maximum $18K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $552K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

40 grants

UNIVERSITY OF ARIZONA FOUNDATION
$500K
2 grants
COLUMBIA UNIVERSITY
$485K
5 grants
FARHANG FOUNDATION
$49K
4 grants
LA PHILHARMONIC
$45K
3 grants
INTERNATIONAL BRAIN MAPPING FOUNDATION
$11K
2 grants
IRANIAN AMERICAN WOMEN FOUNDATION
$8K
5 grants
LAGUNA HILLS HIGH SCHOOL
$6K
4 grants
IEEE FOUNDATION
$5K
1 grant

Grant Size Distribution

40 grants

<$10K
30
grants
$10–50K
6
grants
$50–250K
4
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

6 states

Arizona
$500K
45% of total
New York
$485K
43% of total
California
$128K
11% of total
New Jersey
$5K
0% of total
Massachusetts
$3K
0% of total
District of Columbia
$1K
0% of total

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INOVENT FOUNDATION — Grants, Financials & Contact | Grantivo