Sunlight Giving
- Assets
- $510.6m
- Revenue
- $22.8m
- Investments
- $496.3m
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 12/2015
- Data as of
- 12/2020
- EIN
- 47-1820379
Organization Overview
Sunlight Giving is located in Palo Alto, CA. The organization was established in 2015. 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. Sunlight Giving 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 12/2020, Sunlight Giving generated $22.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (43.3%) each year. All expenses for the organization totaled $40.0m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sunlight Giving has awarded 3,032 individual grants totaling $193,991,747. 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 |
|---|---|---|---|
Emma Pompetti Managing Director | 40 | $243,898 | |
Cedrick Andrews Program Director | 40 | $158,944 | |
Anitra Smith Program Officer | 40 | $122,723 | |
Christen Moreau Program Officer | 40 | $121,488 | |
Linda Shak Program Officer | 40 | $115,186 | |
Brian Acton Secretary | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pacific Foundation Services | 12/30/21 | $588,040 |
Charles Schwab | 12/30/21 | $585,479 |
Jordan Park | 12/30/21 | $1,455,548 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,926 |
| Dividends & Interest | $8,000,295 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,842,006 |
| Capital Gain Net Income | $10,406,228 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,845,227 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $1,324,909 |
| Pension plans, employee benefits | $194,883 |
| Interest | $0 |
| Taxes | $1,159,094 |
| Depreciation | $1,196 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $52,187 |
| Total operating and administrative expenses | $5,433,555 |
| Contributions, gifts, grants paid | $34,552,472 |
| Total expenses and disbursements | $39,986,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,019,558 |
| Net Accounts receivable | $1,274,504 |
| 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 | $355 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $496,329,246 |
| Net Land, buildings, and equipment | $598 |
| Other assets | $0 |
| Total assets | $510,624,261 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $15,268,462 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,639,793 |
| Total liabilities | $16,908,255 |
Grants Awarded
Over the last fiscal year, Sunlight Giving has awarded $41,902,207 in support to 944 organizations.
| Grant Recipient | Amount |
|---|---|
Oakland, CA PURPOSE: TOGETHER TOWARDS HEALTH FUND, COVID-19 RAPID RESPONSE FUNDING | $1,000,000 |
Fremont, CA PURPOSE: GENERAL SUPPORT, $400,000 IN 2021, $325,000 IN 2022, AND $250,000 IN 2023 | $575,000 |
Merced, CA PURPOSE: GENERAL SUPPORT, $225,000 PER YEAR FOR THREE YEARS | $450,000 |
Fremont, CA PURPOSE: GENERAL SUPPORT, $400,000 IN 2021, $325,000 IN 2022, AND $250,000 IN 2023 | $400,000 |
Fremont, CA PURPOSE: GENERAL SUPPORT, $200,000 PER YEAR FOR THREE YEARS | $400,000 |
San Jose, CA PURPOSE: GENERAL SUPPORT, $450,000 IN FY 2019-20, $350,000 IN FY 2020-21, AND $350,000 IN FY 2021-22 | $350,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Waverley Street Foundation Palo Alto, CA | $2,988,003,660 | $1,311,729,919 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |