Good Ventures Foundation is located in Palo Alto, CA. The organization was established in 2013. 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.
For the year ending 06/2020, Good Ventures Foundation generated $1.2b in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 47.6% each year . All expenses for the organization totaled $172.0m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Good Ventures Foundation has awarded 240 individual grants totaling $348,118,027. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cari Tuna President, Director | 1 | $0 | |
Dustin Moskovitz Secretary, Treasurer, Director | 1 | $0 | |
Divesh Makan Director | 1 | $0 | |
Tom Van Loben Sels Assistant Secretary | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Arnold & Porter Kaye Scholer Llp | 6/29/20 | $543,432 |
Asia Research And Engagement Pte Ltd | 6/29/20 | $170,437 |
Parametric Portfolio Associates Llc | 6/29/20 | $503,902 |
Cynthia Schuck Paim | 6/29/20 | $143,502 |
Slc Management | 6/29/20 | $481,287 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $1,017,208,584 |
Interest on Savings | $0 |
Dividends & Interest | $43,785,277 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $97,649,216 |
Capital Gain Net Income | $1,157,719,658 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $79,149,044 |
Total Revenue | $1,237,792,121 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $16,082,951 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,602,226 |
Total operating and administrative expenses | $19,830,575 |
Contributions, gifts, grants paid | $152,129,373 |
Total expenses and disbursements | $171,959,948 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $593,606,346 |
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 | $214,549 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $717,379,496 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $3,336,254,185 |
Accounts payable and accrued expenses | $53,222 |
Grants payable | $51,341,213 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $12,535,000 |
Total liabilities | $63,929,435 |
Over the last fiscal year, Good Ventures Foundation has awarded $174,390,442 in support to 119 organizations.
Grant Recipient | Amount |
---|---|
MALARIA CONSORTIUM PURPOSE: WORK ON SEASONAL MALARIA CHEMOPREVENTION PROGRAMS | $33,926,000 |
GEORGETOWN UNIVERSITY PURPOSE: ESTABLISHMENT OF AN ACADEMIC CENTER AT THE EDMUND A WALSH SCHOOL OF FOREIGN SERVICE | $17,000,000 |
Baltimore, MD PURPOSE: WORK ON BIOSECURITY, GLOBAL HEALTH SECURITY AND GLOBAL CATASTROPHIC RISKS POSED BY PATHOGENS | $13,000,000 |
New York, NY PURPOSE: WORK ON VITAMIN A SUPPLEMENTATION | $9,709,000 |
Cincinnati, OH PURPOSE: RESEARCH TO AUGMENT THE NIH-FUNDED INFLUENZA IMPRINT COHORT RESEARCH | $9,105,777 |
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY PURPOSE: RESEARCH TO AUGMENT THE IMPRINT INFANT IMMUNOME STUDY | $8,293,676 |
Organization Name | Assets | Revenue |
---|---|---|
The California Endowment Los Angeles, CA | $3,446,801,045 | $280,955,609 |
Conrad N Hilton Foundation Agoura Hills, CA | $4,101,713,350 | $963,893,294 |
Good Ventures Foundation Palo Alto, CA | $3,336,254,185 | $1,237,792,121 |
Sergey Brin Family Foundation San Francisco, CA | $0 | $196,006,742 |
James Irvine Foundation San Francisco, CA | $2,606,961,983 | $106,811,064 |
Columbia Lutheran Charities Astoria, OR | $179,724,242 | $148,283,851 |
Tosa Foundation Portola Valley, CA | $602,851,213 | $74,662,846 |
Scully Memorial Foundation Mill Valley, CA | $0 | $177,202,304 |
Broad Foundation Los Angeles, CA | $1,846,960,427 | $168,915,423 |
Engelstad Fam Foundation Las Vegas, NV | $799,432,969 | $59,109,744 |
S D Bechtel Jr Foundation San Francisco, CA | $67,419,693 | $6,476,129 |
Henry J Kaiser Family Foundation San Francisco, CA | $735,632,115 | $53,799,622 |
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