Overview

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Est.

2018

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The THINKWATTS FOUNDATION is a nonprofit organization focused on community and economic development, with a mission centered on grassroots activations and financial literacy programs. Operating with a budget of $1.2 million and total revenue of $1.5 million in 2024, the foundation engages in local refurbishments, provides tools and supplies for students, and develops custom container housing solutions, while also fundraising through efforts in the entertainment industry. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.thinkwattsfoundation.org.

Mission Statement

THE PRIMARY FOCUS ON COMMUNITY GRASSROOTS ACTIVATIONS ALONG WITH DEVELOPING FINANCIAL LITERACY PROGRAMS, PROGRAM DEVELOPMENT, LOCAL REFURBISHMENTS, TOOLS, EQUIPMENT, AND SUPPLIES FOR STUDENTS, CUSTOM CONTAINER HOUSING SOLUTIONS, AND CHARITABLE FUNDRAISING THROUGH ENTERTAINMENT INDUSTRY EFFORTS.
Revenues
$1.5M
Expenses
$1.2M
Net Income:
+$341.5K
Assets
$851.6K
Liabilities
$9.7K
Net Assets:
+$841.9K
Operating Budget
$1.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
11
Median grant size
$10.4K
Largest grant received
$100K
B
Brandon Salaam-Bailey
Board Member
F
Felicia Usher
Board Member
K
Keenan Towns
Board Member

Frequently Asked Questions

What is THINKWATTS FOUNDATION’s budget?
In 2024, THINKWATTS FOUNDATION reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does THINKWATTS FOUNDATION support?
THINKWATTS FOUNDATION supports work in Community and economic development and Community improvement.
Where does THINKWATTS FOUNDATION operate?
THINKWATTS FOUNDATION is headquartered in Los Angeles, CA.
Who funded THINKWATTS FOUNDATION recently?
In 2025, THINKWATTS FOUNDATION received grants from CHARITIES AID FOUNDATION AMERICA, LOCAL INITIATIVES SUPPORT CORPORATION, and THE PLAY EQUITY FUND. More information on this organization’s funders is available to registered users.
What is the largest grant THINKWATTS FOUNDATION received in 2024?
The largest grant to THINKWATTS FOUNDATION in 2024 exceeds $100 thousand.