Armstead Academic Project
THE ARMSTEAD ACADEMIC PROJECT INVESTS ITS TIME, RESOURCES, AND PASSION INTO CREATING STRONGER COMMUNITIES IN THE SACRAMENTO, CALIFORNIA AREA BY PROVIDING SPACE AND DIRECT SUPPORT FOR LOCAL ORGANIZATIONS THAT PROVIDE CHARITABLE SERVICES TO ECONOMICALLY DISADVANTAGED CHILDREN IN THE AREA. ARMSTEAD ACADEMIC PROJECT SEEKS OUT AND IDENTIFIES COMMUNITY LEADERS WHO ARE ALREADY MANAGING AND RUNNING UNDER-FUNDED DIRECT CHARITABLE PROGRAMS FOR CHILDREN, AND PROVIDES THOSE LEADERS AND PROGRAMS WITH ADDITIONAL RESOURCES AND INFRASTRUCTURE TO ALLOW THOSE PROGRAMS TO INCREASE THEIR SIZE AND SCALE WITHIN THE COMMUNITY. ARMSTEAD ACADEMIC PROJECT AIMS TO OBTAIN ADDITIONAL FUNDING SUFFICIENT TO ESTABLISH A PHYSICAL LOCATION THAT SERVES AS A CORNERSTONE COMMUNITY CENTER THAT IS ANCHORED IN THE SACRAMENTO AREA.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$489K
+11.8% YoY
Annual Giving
—
Grant Count
0
Avg Grant Size
—
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $488,927 | $437,268 | $227,153 |
| Revenue | $451,224 | $294,446 | $320,299 |
| Expenses | $398,914 | $89,131 | $318,352 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $18,415 | $6,160 | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AARON ARMSTEAD | BOARD CHAIR | 1 | — |
| MATT GUTERMUTH | DIRECTOR | 1 | — |
| KHALIL KEYS | DIRECTOR | 1 | — |
| MICHELLE KIM | DIRECTOR | 1 | — |
| AMOBI OKUGO | SECRETARY | 1 | — |
| JOANNE PASTERNACK | DIRECTOR | 1 | — |
| PETER SCHERR | TREASURER | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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