Hopper-Dean Foundation
- Assets
- $45.4m
- Revenue
- $29.7m
- Investments
- $44.5m
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 03/2011
- Data as of
- 12/2021
- EIN
- 27-3116560
Organization Overview
Hopper-Dean Foundation is located in Menlo Park, CA. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Hopper-Dean 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 12/2021, Hopper-Dean Foundation generated $29.7m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 50.1% each year . All expenses for the organization totaled $18.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Hopper-Dean Foundation has awarded 92 individual grants totaling $57,242,444. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Dean Cfo/secretary | 2 | $0 | |
Natalie M Dean Trustee | 1 | $0 | |
Victoria L Dean Trustee | 1 | $0 | |
Heidi Hopper CEO | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,005 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,242,693 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,471,902 |
| Capital Gain Net Income | $28,471,902 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,197 |
| Total Revenue | $29,723,797 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $9,557 |
| Taxes | $571,144 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $452,450 |
| Total operating and administrative expenses | $1,381,229 |
| Contributions, gifts, grants paid | $16,893,600 |
| Total expenses and disbursements | $18,274,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $488,343 |
| Savings and temporary cash investments | $355,241 |
| Net Accounts receivable | $52,074 |
| 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 | $11,499,846 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $45,438,431 |
| Accounts payable and accrued expenses | $29,147 |
| 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 | $29,147 |
Grants Awarded
Over the last fiscal year, Hopper-Dean Foundation has awarded $16,893,600 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF TEXAS AT EL PASO PURPOSE: CHARITABLE | $4,951,467 |
Ithaca, NY PURPOSE: CHARITABLE | $1,100,000 |
Atlanta, GA PURPOSE: CHARITABLE | $1,085,000 |
Pittsburgh, PA PURPOSE: CHARITABLE | $1,000,000 |
HOWARD UNIVERSITY PURPOSE: CHARTIABLE | $1,000,000 |
Seattle, WA PURPOSE: CHARITABLE | $1,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |
Oprah Winfrey Charitable Foundation Los Angeles, CA | $244,908,730 | $15,499,605 |
Reed Family Giving Palo Alto, CA | $0 | $1,785,630 |
Perenchio Foundation Pasadena, CA | $23,143,013 | $16,139,490 |
Elbridge Stuart Foundation San Francisco, CA | $0 | $50,927,983 |
Chamberlin Family Foundation Richmond, CA | $3,805,906 | $611,005 |
May And Stanley Smith Charitable Trust Corte Madera, CA | $490,127,774 | $29,599,485 |
Diane And Bruce Halle Foundation Scottsdale, AZ | $130,264 | $31,307,586 |
Cyrus Tang Foundation Las Vegas, NV | $882,448,132 | $23,435,848 |
Scully Memorial Foundation San Rafael, CA | $838,174,417 | $32,779,151 |
Kate B Reynolds Charitable Trust Las Vegas, NV | $458,547,474 | $24,205,244 |
Windsong Tr Manhattan Beach, CA | $426,534,426 | $49,190,132 |