Yc Org
- Assets
- $7.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mountain View, CA
- Founding
- 03/2016
- Data as of
- 12/2019
- EIN
- 47-3772053
Organization Overview
Yc Org is located in Mountain View, CA. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public 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. Yc Org 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 12/2019, Yc Org generated $10.0k in total revenue. All expenses for the organization totaled $2.9k during the year ending 12/2019.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
YC ORG CONTINUED FACILITATING THE SUCCESS OF A NUMBER OF CHARITABLE PROJECTS AND ORGANIZATIONS IN 2019. FEWER GRANTS WERE MADE IN 2019 SO YC ORG COULD FOCUS ON REVIEWING THE PROGRESS OF THE PROJECTS IT SUPPORTED IN PRIOR YEARS, INCLUDING WATSI, Y COMBINATOR RESEARCH (BASIC INCOME STUDY, RESEARCH FELLOWS, DYNAMICLAND), OPENAI (ARTIFICIAL INTELLIGENCE RESEARCH), AND WATSI (INFRASTRUCTURE FOR UNIVERSAL HEALTHCARE ACCESS). ALL SUPPORTED PROJECTS/ORGANIZATIONS PROVIDE YC ORG WITH PERIODIC UPDATES AND ACCOUNTING OF THE USE OF THEIR GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Altman CEO | 2 | $0 | |
Kate Courteau Dir/secretary | 2 | $0 | |
Kirsty Nathoo Director | 2 | $0 | |
Grace Garey Director | 2 | $0 | |
Walker Williams Director | 2 | $0 | |
Dan Siroker Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,932 |
| Total expenses | $2,932 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,657 |
| Other assets | $0 |
| Total assets | $7,657 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,657 |
Grants Awarded
Over the last fiscal year, Yc Org has awarded $21,556,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OPENAI INC PURPOSE: General Support | $16,028,500 |
Y COMBINATOR RESEARCH INC PURPOSE: General Support | $5,527,500 |