Open Philanthropy Action Fund
- Assets
- $40.7m
- Revenue
- $64.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 08/2018
- Data as of
- 12/2021
- EIN
- 81-2644663
Organization Overview
Open Philanthropy Action Fund is located in Palo Alto, CA. The organization was established in 2018. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Philanthropy Action Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Open Philanthropy Action Fund generated $64.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $89.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Open Philanthropy Action Fund has awarded 78 individual grants totaling $111,846,009. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
STUDY AND PROMOTE MORE EFFECTIVE GIVING FOR PUBLIC POLICY, ADVOCACY AND SOCIAL WELFARE PURPOSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MADE GRANTS TO SECTION 501(C)(3) CHARITIES, SECTION 501(C)(4) SOCIAL WELFARE ORGANIZATIONS AND OTHER TYPES OF ENTITIES FOR GENERAL SUPPORT OR SPECIFIC PROJECTS CONSISTENT WITH THE ORGANIZATION'S GOALS. THE ORGANIZATION MADE DISTRIBUTIONS TO RESEARCH AND EFFECT CHANGE IN THE FOCUS AREAS WITHIN ITS MISSION AND IN OTHER PUBLIC POLICY AREAS IN WHICH IT DETERMINED THAT SUCH FUNDS CAN HAVE A SIGNIFICANT IMPACT. WITH FUNDS FROM THE ORGANIZATION, GRANTEES AND CONTRACTORS MAY CONDUCT A RANGE OF ACTIVITIES, INCLUDING RESEARCH, PUBLIC EDUCATION AND ADVOCACY, AND DIRECT OR GRASSROOTS LOBBYING, ALL FOR THE PURPOSE OF PROMOTING SOCIAL WELFARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Divesh Makan Secretary/director | OfficerTrustee | 0.5 | $0 |
Alexander Berger Co-Ceo/director | OfficerTrustee | 2 | $0 |
Holden Karnofsky Co-Ceo/director | OfficerTrustee | 2 | $0 |
Cari Tuna President/director | OfficerTrustee | 2 | $0 |
Tom Van Loben Sels Treasurer | Officer | 0.5 | $0 |
Dustin Moskovitz Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bluedot Inc Project Consulting | 12/30/21 | $500,000 |
Social And Environmental Entrepreneurs Project Consulting | 12/30/21 | $275,720 |
Kurzgesagt Gmbh Videography/translation | 12/30/21 | $908,240 |
Fai Farms Ltd Project Consulting | 12/30/21 | $2,100,000 |
Rethink Priorities Project Consulting | 12/30/21 | $612,185 |
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 | $66,520,377 |
| Noncash contributions included in lines 1a–1f | $66,520,377 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,520,377 |
| Total Program Service Revenue | $0 |
| Investment income | $47 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,554,014 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $63,966,410 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $78,393,399 |
| Grants and other assistance to domestic individuals. | $1,412,230 |
| Grants and other assistance to Foreign Orgs/Individuals | $5,526,407 |
| 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 | $0 |
| Fees for services: Legal | $315,451 |
| Fees for services: Accounting | $19,410 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,441,073 |
| Advertising and promotion | $0 |
| Office expenses | $2,534 |
| 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 | $748 |
| All other expenses | $209,979 |
| Total functional expenses | $89,321,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,889 |
| Savings and temporary cash investments | $37,338,348 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $265,575 |
| 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 | $2,977,819 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $40,719,631 |
| Accounts payable and accrued expenses | $109,018 |
| Grants payable | $53,737,565 |
| 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 | $209,979 |
| Total liabilities | $54,056,562 |
| Net assets without donor restrictions | -$23,234,047 |
| Net assets with donor restrictions | $9,897,116 |
| 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 | $40,719,631 |
Grants Awarded
Over the last fiscal year, Open Philanthropy Action Fund has awarded $78,392,384 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Kirkland, WA PURPOSE: GENERAL SUPPORT | $48,012,749 |
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $12,000,000 |
Los Angeles, CA PURPOSE: SUPPORT BALLOT INITIATIVE | $5,000,000 |
San Francisco, CA PURPOSE: WORK RELATED TO PLAN BASED FOOD ALTERNATIVES | $3,487,753 |
Sacramento, CA PURPOSE: GENERAL SUPPORT | $2,592,560 |
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $1,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Open Philanthropy Action Fund Palo Alto, CA | $40,719,631 | $63,966,410 |
California Association Of Realtors Inc Los Angeles, CA | $141,130,823 | $49,796,356 |
Hawaii Visitors And Convention Bureau Honolulu, HI | $13,094,236 | $27,417,189 |
Airlines Committee Of Hawaii Inc Honolulu, HI | $51,429,795 | $29,139,681 |
California Chamber Of Commerce Sacramento, CA | $24,602,623 | $26,657,104 |
Chamber Of Commerce Of Hawaii Honolulu, HI | $2,410,473 | $21,243,686 |
Los Angeles Tourism & Convention Board Los Angeles, CA | $19,187,650 | $21,164,251 |
Orange County Realtors Laguna Hills, CA | $11,666,397 | $12,107,704 |
Anaheim Area Visitor And Convention Bureau Anaheim, CA | $14,446,478 | $12,147,236 |
Metropolitan Tucson Convention And Visitors Bureau Tucson, AZ | $11,117,181 | $12,905,654 |
Visit Newport Beach Inc Newport Beach, CA | $8,210,060 | $9,447,693 |
Santa Barbara Conference And Visitors Bureau Santa Barbara, CA | $2,275,165 | $7,251,776 |