Founders Pledge Inc

Organization Overview

Founders Pledge Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Founders Pledge Inc 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, Founders Pledge Inc generated $29.2m in total revenue. All expenses for the organization totaled $26.5m during the year ending 12/2021.

Since 2016, Founders Pledge Inc has awarded 231 individual grants totaling $33,301,052. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOUNDERS PLEDGE, INC. IS A NON-PROFIT ORGANIZATION CREATED TO ENCOURAGE AND FACILITATE CHARITABLE GIVING BY ENTREPRENEURS AND INVESTORS. DURING 2021, THE ORGANIZATION GAVE GRANTS TO 94 CHARITABLE ORGANIZATIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Michael Rubel
$103,018
National Philanthropic Trust
$151,183
Justworks Employment Group Llc
$948,492
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $29,212,931
Interest on Savings $0
Dividends & Interest $314
Net Rental Income$0
Net Gain on Sale of Assets -$4,071
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $29,209,174

Grants Awarded

Over the last fiscal year, Founders Pledge Inc has awarded $24,847,836 in support to 94 organizations.

Grant RecipientAmount

CENTRE FOR EFFECTIVE ALTRUISM USA INC (CEA)

PURPOSE: SUPPORT OF CENTRE FOR THE GOVERNANCE OF AI; EA INFRASTRUCTURE FUND; LONG-TERM FUTURE FUND

$2,707,000

CENTER FOR APPLIED RATIONALITY

Org PageRecipient Profile

Berkeley, CA

PURPOSE: SPARC, THE SUMMER PROGRAM ON APPLIED RATIONALITY AND COGNITION; LIGHTCONE INFRASTRUCTURE; LESSWRONG; GENERAL SUPPORT

$2,682,000

NATIONAL PHILANTHROPIC TRUST

Org PageRecipient Profile

Jenkintown, PA

PURPOSE: GENERAL SUPPORT

$2,523,179

CENTER FOR HUMAN-COMPATIBLE ARTIFICIAL INTELLIGENCE (CHAI)

PURPOSE: GENERAL SUPPORT AND GIFT FOR THE WORK OF DR. ANDREW CRITCH

$1,817,000

BERKELEY EXISTENTIAL RISK INITIATIVE

PURPOSE: CENTRE FOR THE STUDY OF EXISTENTIAL RISK AT CAMBRIDGE UNIVERSITY; MACHINE LEARNING RESEARCH ENGINEER PROGRAM; BERI-CHAI COLLABORATION; SUPPORT OF THE WORK OF ROBERT TRAGER AND JOSLYN BARNHART ON AI GOVERNANCE; THE STANFORD EXISTENTIAL RISKS INITIATIVE; THE FUTURE OF HUMANITY INSTITUTE AT OXFORD UNIVERSITY

$1,596,000

REDWOOD RESEARCH

PURPOSE: GENERAL SUPPORT

$1,330,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Founders Pledge Inc has recieved totaling $1,765,998.

Awarding OrganizationAmount
Musk Foundation

Austin, TX

PURPOSE: SUPPORT CHARITABLE GIVING

$1,000,000
Double Up Drive Inc

Las Vegas, NV

PURPOSE: Charitable Giving

$331,455
Sergey Brin Family Foundation

San Francisco, CA

PURPOSE: GENERAL OPERATING SUPPORT

$250,000
Centre For Effective Altruism Usa Inc

San Francisco, CA

PURPOSE: Support for philanthropic community

$149,464
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ENVIRONMENTAL AND ANIMALS

$15,079
American Endowment Foundation

Hudson, OH

PURPOSE: GENERAL OPERATING SUPPORT

$10,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
William Penn Foundation
Philadelphia, PA
$175,834,650
The Heinz Endowments
Pittsburgh, PA
$54,378,087
Zoom Foundation
Greenwich, CT
$176,914,821
Fidelity Foundation
Boston, MA
$803,389,715
Klarman Family Foundation
Boston, MA
$145,872,662
Druckenmiller Foundation
New York, NY
$402,828,458
Rockefeller Brothers Fund Inc
New York, NY
$94,665,303
Adelson Family Foundation
Needham, MA
$49,822,227
Anna Maria And Stephen Kellen Foundation Inc
New York, NY
$57,361,611
The Wallace Foundation
New York, NY
$114,535,478
Oberkotter Foundation
Philadelphia, PA
$23,009,013
Stephen A Schwarzman Foundation
New York, NY
$61,557,254

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