The Skoll Fund
- Assets
- $894.7m
- Revenue
- $96.7m
- Investments
- $795.7m
- Employees
- 0
- Location
- Mountain View, CA
- Founding
- 04/2000
- Data as of
- 12/2021
- EIN
- 77-0528216
Organization Overview
The Skoll Fund is located in Mountain View, CA. The organization was established in 2000. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Skoll Fund 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, Skoll Fund generated $96.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $30.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Skoll Fund has awarded 650 individual grants totaling $287,731,389. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CATALYZE TRANSFORMATIONAL SOCIAL CHANGE BY INVESTING IN, CONNECTING, AND CHAMPIONING SOCIAL ENTREPRENEURS AND OTHER SOCIAL INNOVATORS WHO TOGETHER ADVANCE BOLD AND EQUITABLE SOLUTIONS TO THE WORLD'S MOST PRESSING PROBLEMS.
Describe the Organization's Program Activity:
INVEST - WE INVEST IN SOCIAL ENTREPRENEURS AND OTHER SOCIAL INNOVATORS WHO OFFER A COMPELLING VISION, CREATIVE SOLUTIONS, AND PROVEN APPROACHES.
SPECIAL OPPORTUNITY AND OTHER - WE SUPPORT TIMELY OPPORTUNITIES THAT HELP ADVANCE THE FOUNDATION'S MISSION.
CONNECT AND CHAMPION - WE CONNECT OUR COMMUNITY TO DRIVE TOWARDS TRANSFORMATIONAL CHANGE THROUGH OUR GLOBAL NETWORK AND CONVENINGS LIKE THE SKOLL WORLD FORUM TO SHARE LEARNINGS, JOIN FORCES, AND ACHIEVE AMBITIOUS GOALS WITH OTHER SOCIAL INNOVATORS, FUNDERS, AND KEY STAKEHOLDERS. WE USE OUR VOICE AND GLOBAL AUDIENCE TO CHAMPION THE WORK OF SOCIAL INNOVATORS, HELPING EXTEND THEIR REACH AND EXPAND THEIR IMPACT. COMBINING STORYTELLING, THOUGHT LEADERSHIP, AND STRATEGIC ALLIANCES, WE SUPPORT ORGANIZATIONS TO MOBILIZE MORE RESOURCES AND CREATE MOMENTUM FOR LASTING SOCIAL CHANGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Gb Demartini III Chair | OfficerTrustee | 0.5 | $0 |
Debbie Santos Treasurer (effective 4/21) | Officer | 0.5 | $0 |
Bruce Lowry Secretary | Officer | 0.5 | $0 |
Marla Blow President & COO (effective 4/21) | Officer | 0.5 | $0 |
Richard Fahey Treasurer & COO (thru 4/21) | Officer | 0.5 | $0 |
Don Gips Chief Executive Officer | Officer | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Encourage Solar Finance Investment Management | 12/30/21 | $203,664 |
Sustainable Asset Fund Iii Lp Investment Management | 12/30/21 | $175,105 |
Capricorn Healthcare & So Ii Investment Management | 12/30/21 | $364,199 |
Capricorn - Libra Investment Group Lp Investment Management | 12/30/21 | $1,511,505 |
Svcf Management Fees | 12/30/21 | $246,421 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $2,606,746 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $94,071,432 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $96,699,445 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $26,413,719 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $175,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $246,421 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $52,410 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,662,572 |
| Fees for services: Other | $3,000 |
| Advertising and promotion | $0 |
| Office expenses | $320 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $22,550 |
| All other expenses | $0 |
| Total functional expenses | $30,575,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,189,018 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $91,820,074 |
| Investments—other securities | $795,675,765 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $894,684,857 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $7,743,581 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,743,581 |
| Net assets without donor restrictions | $886,941,276 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $894,684,857 |
Grants Awarded
Over the last fiscal year, The Skoll Fund has awarded $26,406,219 in support to 115 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: COVID-19 EVIDENCE-BASED RESPONSE AND SYSTEMS STRENGTHENING | $2,000,000 |
Reston, VA PURPOSE: HEALTH SECTOR TRANSFORMATION: CENTERING ENVIRONMENTAL JUSTICE, ECONOMIC RESILIENCE/QUITY | $2,000,000 |
Brooklyn, NY PURPOSE: GENERAL OPERATING SUPPORT | $1,575,000 |
Boston, MA PURPOSE: RESPOND & REBUILD | $1,500,000 |
New York, NY PURPOSE: COVID COLLABORATIVE AT PROJECT UNITE - PHASE 2 SUPPORT | $1,000,000 |
Atlanta, GA PURPOSE: GENERAL OPERATING SUPPORT | $1,000,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Skoll Fund has recieved totaling $192,850.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $192,850 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rady Childrens Hospital Foundation- San Diego San Diego, CA | $67,726,852 | $99,003,939 |
The Jewish Community Foundation Berkeley, CA | $0 | $31,858 |
Kataly Foundation San Francisco, CA | $408,915,933 | $67,773,441 |
The Skoll Fund Mountain View, CA | $894,684,857 | $96,699,445 |
Campus Facilities Improvement Association San Francisco, CA | $426,351,134 | $28,084,367 |
The Fuller Foundation Pasadena, CA | $257,941,250 | $19,125,152 |
Visionfund International Monrovia, CA | $247,513,230 | $28,379,048 |
Ocf Joseph E Weston Public Foundation Portland, OR | $550,802,794 | $13,792,655 |
Neubauer Family Charitable Trust Mountain View, CA | $307,054,683 | $23,995,522 |
Donald B Tanklage And Carole F Tanklage Foundation Novato, CA | $0 | $160,782 |
Pih Health Inc Whittier, CA | $139,222,706 | $19,647,393 |
The Polis Schutz Family Foundation San Diego, CA | $0 | $260,315 |