Funder DirectoryNANOSTEAM FOUNDATION
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Private non-operating foundationEIN 813697834Est. 2017-06

NANOSTEAM FOUNDATION

PALO ALTO, CA 94303

Total Assets

$3.6M

FY 2024

Annual Giving

FY 2024

Grants Made

0

FY 2024

Avg Grant

FY 2024

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

Nanosteam foundations primary program is to host projects and provide grants to support women and girls in the sciences. In 2024, the foundations main direct charitable activity involved continuing to build the infrastructure and platform for the program. The infrastructure is a funding platform unique to the foundations efforts. The amount of unique ip and planning, design, and development effort put into the platform has been extensive. The work included time for planning, design, and development of the reporting required to customize the reporting from start to finish on each grant type offered. The platform also involves features such as project creation, funding mechanism, rewards systems, and community interaction. The infrastructure costs were related to the platform buildout costs recognized as assets in the amount of $21,678.

Focus Areas

Education

Financial Snapshot

2024 filing

Total Revenue

$99K

Total Expenses

$19K

Qualifying Distributions

$37K

Distributable Amount

$135K

Min. Investment Return

$136K

Undistributed Income

$135K

Payout rate 27%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.27%

Payout rate

Qualifying distributions as a share of distributable amount.

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