Paperseed Foundation Inc
- Assets
- $592.3k
- Revenue
- $301.7k
- Investments
- $0.0
- Employees
- 0
- Location
- San Rafael, CA
- Founding
- 08/2001
- Data as of
- 12/2021
- EIN
- 65-1064746
Organization Overview
Paperseed Foundation Inc is located in San Rafael, CA. The organization was established in 2001. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paperseed Foundation 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, Paperseed Foundation Inc generated $301.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.4% each year . All expenses for the organization totaled $168.7k during the year ending 12/2021. While expenses have increased by 1.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Paperseed Foundation Inc has awarded 79 individual grants totaling $1,044,088. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RECYCLED MATERIALS ART COMPETITION: THE PAPERSEED FOUNDATION INVITED ALL MARIN COUNTY ELEMENTARY SCHOOLS TO PARTICIPATE IN AN ART CONTEST THAT CHALLENGED STUDENTS TO THINK CREATIVELY ABOUT THE ITEMS WE USE IN OUR DAILY LIVES. PARTICIPATING STUDENTS MADE ARTWORK OUT OF TIN CANS, PLASTIC BOTTLES, CARDBOARD, AND OTHER ITEMS THAT CAN AND SHOULD BE RECYCLED. BY CREATIVELY ENGAGING WITH THESE MATERIALS, THEY GAINED A GREATER UNDERSTANDING OF OUR WASTE HABITS AND ARE MORE AWARE OF THE IMPORTANCE OF RECYCLING. TEACHERS WERE ELIGIBLE TO WIN $500 MINI GRANTS FOR THEIR CLASSROOMS, WHICH WERE TO BE USED TO PURCHASE ART SUPPLIES. THIS WAS OUR PILOT YEAR, AND WE WERE PLEASED TO REACH A TOTAL OF 1,543 STUDENTS.
THE GLOBAL GIRLS EDUCATION INTERNSHIP: WE HAD A SMALL GROUP OF HIGH SCHOOL STUDENTS MEET US IN OUR OFFICE FOR WEEKLY DISCUSSIONS AND FOCUS ON THE ISSUES THAT KEEP GIRLS OUT OF SCHOOL AROUND THE WORLD, PARTICULARLY IN DEVELOPING COUNTRIES. PART OF THEIR WORK WAS TO DEVELOP PLANS TO SPREAD AWARENESS ABOUT THESE ISSUES, THUS CONTRIBUTING TO THE GLOBAL SHIFT TOWARD GETTING GIRLS INTO SCHOOL. WE DIRECTLY IMPACTED 3 TEENS IN MARIN COUNTY, BUT THE RIPPLE EFFECT OF THEIR WORK TOUCHED THEIR SCHOOL COMMUNITIES AND WILL CONTINUE TO IMPACT THE WORLD AS THEY GO OFF TO COLLEGE AND BECOME GLOBAL CITIZENS.
SANITARY PAD PROJECT: PAPERSEED ENGAGED OUR FOR-PROFIT BUSINESS PARTNERS IN A COOPERATIVE EFFORT TO GET TWO YEARS' WORTH OF SANITARY PADS DELIVERED TO OUR NGO PARTNERS IN KENYA. THIS PROJECT REQUIRED A GREAT DEAL OF STAFF TIME IN ORDER TO COORDINATE LOGISTICS BETWEEN OURSELVES AND THREE OTHER COMPANIES, AND THE PROJECT SERVES OVER 10,000 ADOLESCENT GIRLS ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Hoffman Board Chairman | 2 | $0 | |
Aliyya Shelley Mattos Secretary And Executive Di | 42 | $0 | |
Pernilla Jordan Treasurer | 2 | $0 | |
Hugo Galletta Director | 2 | $0 | |
Victor Rice Director | 2 | $0 | |
Douglas Smith Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $301,711 |
| Interest on Savings | $0 |
| Dividends & Interest | $11 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $301,722 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $20,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $175 |
| Total operating and administrative expenses | $20,175 |
| Contributions, gifts, grants paid | $148,559 |
| Total expenses and disbursements | $168,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $493,433 |
| Savings and temporary cash investments | $98,899 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $592,332 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,338 |
| Total liabilities | $4,338 |
Grants Awarded
Over the last fiscal year, Paperseed Foundation Inc has awarded $148,559 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Norwalk, CT PURPOSE: WEEKEND MEAL PROGRAM TO SUPPORT YOUTH AFFECTED BY COVID | $30,000 |
CAPE ELEUTHERA FOUNDATION PURPOSE: SUPPORT EDUCATIONAL AND RESEARCH PROGRAMS | $20,000 |
Ipswich, MA PURPOSE: ANNUAL LEADERSHIP TRAINING FOR LOW-INCOME, HIGH POTENTIAL EAST AFRICAN GIRLS, PLUS MINI-GRANTS TO CARRY OUT SOCIAL ACTIONS IN THEIR COMMUNITIES THROUGHOUT THE YEAR. | $20,000 |
EDUCATION FOR ALL PURPOSE: DISTANCE LEARNING TOOLS FOR GIRLS IN RURAL MOROCCO | $17,112 |
KOPIN PURPOSE: BRIDGE PROJECT FOR REFUGEE YOUTH | $16,500 |
MAIA IMPACT SCHOOL PURPOSE: DIGITAL LITERACY CURRICULUM FOR MAYAN INDIGENOUS GIRLS IN SOLOL, GUATEMALA | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Packard Humanities Institute Los Altos, CA | $863,900,364 | $102,577,308 |
Ayn Rand Institute The Center For The Advancement Of Objectivism Santa Ana, CA | $17,620,667 | $17,085,722 |
Claremont Inst For The Study Of Statesmanship & Polit Philosophy Upland, CA | $14,003,298 | $9,466,224 |
California Humanities Oakland, CA | $2,781,512 | $6,891,682 |
Aha Punana Leo Hilo, HI | $23,875,245 | $6,915,753 |
Partners Asia Oakland, CA | $6,552,828 | $5,792,880 |
Literary Arts Inc Portland, OR | $14,485,873 | $11,203,520 |
Library Foundation Inc Serving The People Of Multnomah County Portland, OR | $22,669,861 | $3,134,177 |
Get Lit Words Ignite Inc Los Angeles, CA | $1,330,397 | $2,322,954 |
Society For Creative Anachronism Inc San Jose, CA | $6,483,503 | $1,391,085 |
Asian Pacific Institute On Gender-Based Violence Oakland, CA | $515,688 | $1,708,443 |
Wang Mo-Jen & Wang Chou An-Yi World Chinese Literature Prize Foundati San Francisco, CA | $2,890,895 | $451,863 |