Siebel Scholars Foundation
- Assets
- $42.2k
- Revenue
- $505.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Redwood City, CA
- Founding
- 12/2005
- Data as of
- 12/2022
- EIN
- 20-3688705
Organization Overview
Siebel Scholars Foundation is located in Redwood City, CA. The organization was established in 2005. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Siebel Scholars Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Siebel Scholars Foundation generated $505.0k in total revenue. All expenses for the organization totaled $485.1k during the year ending 12/2022. While expenses have increased by 2.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SIEBEL SCHOLARS FOUNDATION CONTINUES TO AWARD APPROXIMATELY NINETY NEW SCHOLAR AWARDS PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas M Siebel President | 1 | $0 | |
Stacey Siebel Secretary/treasurer | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dow Jones & Company Inc | 12/30/22 | $94,167 |
The New York Times Company | 12/30/22 | $77,052 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $505,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $505,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $211,299 |
| Printing and publications | $0 |
| Other expenses | $267,977 |
| Total operating and administrative expenses | $485,126 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $485,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,230 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $42,230 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Siebel Scholars Foundation has awarded $169,200 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
THE TRUSTEES OF PRINCETON UNIVERSITY PURPOSE: CLASS OF 2021 PROGRAM FUNDING | $35,000 |
CARNEGIE MELLON UNIVERSITY PURPOSE: CLASS OF 2021 PROGRAM FUNDING | $26,200 |
MASSACHUSETTS INSTITUTE OF TECHNOLOGY PURPOSE: CLASS OF 2021 PROGRAM FUNDING | $35,000 |
UNIVERSITY OF CALIFORNIA BERKELEY PURPOSE: CLASS OF 2021 PROGRAM FUNDING | $35,000 |
UNIVERSITY OF ILLINOIS PURPOSE: CLASS OF 2021 PROGRAM FUNDING | $35,000 |
NORTHWESTERN UNIVERSITY PURPOSE: CLASS OF 2021 PROGRAM FUNDING | $3,000 |