Overview

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Est.

2020

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The State Forty Eight Foundation is a nonprofit organization focused on philanthropy, dedicated to driving local innovation and inspiring community action by supporting and empowering Arizona-based owners and nonprofits. With an operating budget of $305.5K and total revenue of $314.2K for the 2024 filing year, the foundation relies on multiple funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at https://statefortyeight.com/pages/foundation.

Mission Statement

To drive local innovation and inspire community action through the support and empowerment of Arizona based owners and nonprofits
Revenues
$314.2K
Expenses
$362K
Net Income:
-$47.8K
Assets
$15.6K
Liabilities
$49.8K
Net Assets:
-$34.3K
Operating Budget
$305.5K
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
2
Median grant size
$11.4K
Largest grant received
$14K
N
Nicholas Polando
Board Member
M
Michael Spangenberg
Board Member
T
Tyler Sublette
Board Member

Frequently Asked Questions

What is State Forty Eight Foundation’s budget?
In 2024, State Forty Eight Foundation reported an annual operating budget of around $306 thousand. More detailed financial information is available to registered users.
What causes does State Forty Eight Foundation support?
State Forty Eight Foundation supports work in Philanthropy.
Where does State Forty Eight Foundation operate?
State Forty Eight Foundation is headquartered in Chandler, AZ.
Who funded State Forty Eight Foundation recently?
In 2025, State Forty Eight Foundation received grants from ARIZONA COMMUNITY FOUNDATION, ARIZONA COMMUNITY FOUNDATION, and GIRL SCOUTS - ARIZONA CACTUS-PINE COUNCIL INC. More information on this organization’s funders is available to registered users.
What is the largest grant State Forty Eight Foundation received in 2023?
The largest grant to State Forty Eight Foundation in 2023 exceeds $14 thousand.