Greenlight Giving Foundation
- Assets
- $488.7k
- Revenue
- $180.9k
- Investments
- $273.9k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 03/2007
- Data as of
- 12/2022
- EIN
- 30-0365423
Organization Overview
Greenlight Giving Foundation is located in Los Angeles, CA. The organization was established in 2007. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenlight Giving 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, Greenlight Giving Foundation generated $180.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $153.3k during the year ending 12/2022. 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 GREENLIGHT GIVING FOUNDATION HOSTED THE TONY HSIEH AWARD DINNER AT THE TED MONTEREY & THE TONY HSIEH AWARD INAUGURAL GATHERING IN LAS VEGAS, NEVADA. THE EVENTS WERE HELD TO HONOR THE LIFE AND LEGACY OF TONY HSIEH AND ANNOUNCE & CELEBRATE THE WINNERS OF THE TONY HSIEH AWARD. THE TONY HSIEH AWARD SEEKS OUT PROGRESSIVE, VALUE-DRIVEN LEADERS, INNOVATORS AND ENTREPRENEURS WHO EMBODY HSIEH'S SPIRIT IN BUSINESS THROUGH TRANSFORMING THEIR ORGANIZATION'S QUALITY OF WORK AND LIFE, ENGAGEMENT AND PRODUCTIVITY TO ALLOW MEMBERS OR EMPLOYEES TO MAXIMIZE THEIR FULLEST POTENTIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Ferrazzi President | 1 | $0 | |
Tim Sae Koo CFO | 1 | $0 | |
Ray Gallo Secretary | 1 | $0 | |
Jack Liang Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $175,750 |
| Interest on Savings | $272 |
| Dividends & Interest | $4,153 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $683 |
| Capital Gain Net Income | $683 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $180,858 |
| 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 | $6,709 |
| Printing and publications | $0 |
| Other expenses | $23,372 |
| Total operating and administrative expenses | $153,322 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $153,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,331 |
| Savings and temporary cash investments | $151,460 |
| 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 | $142,231 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $488,698 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $26,693 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,693 |