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
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
Qualifying distributions as a share of distributable amount.
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