Loud Hound Foundation
- Assets
- $151.6m
- Revenue
- $38.6m
- Investments
- $108.9m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 07/2017
- Data as of
- 12/2021
- EIN
- 81-3588263
Organization Overview
Loud Hound Foundation is located in San Francisco, CA. The organization was established in 2017. 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. Loud Hound Foundation 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, Loud Hound Foundation generated $38.6m in total revenue. All expenses for the organization totaled $30.1m during the year ending 12/2021.
Since 2017, Loud Hound Foundation has awarded 159 individual grants totaling $39,633,138. 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 |
|---|---|---|---|
Michael Moritz Secretary; Treasurer | 0 | $0 | |
Melissa Narula CEO & Assistand Secretary | 2 | $0 | |
William Moritz President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $37,759,258 |
| Interest on Savings | $826 |
| Dividends & Interest | $94,166 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $705,972 |
| Capital Gain Net Income | $43,973,566 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $70,000 |
| Total Revenue | $38,630,222 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $657,839 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,351 |
| Total operating and administrative expenses | $795,377 |
| Contributions, gifts, grants paid | $29,352,008 |
| Total expenses and disbursements | $30,147,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $42,728,582 |
| Net Accounts receivable | $103 |
| 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 | $188 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $45,988,324 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $151,600,892 |
| Accounts payable and accrued expenses | $373,637 |
| Grants payable | $20,050,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $338,929 |
| Total liabilities | $20,762,566 |
Grants Awarded
Over the last fiscal year, Loud Hound Foundation has awarded $29,352,008 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: WAY TO RISE PROJECT - GENERAL SUPPORT FOR INITIATIVES IN ARIZONA, GEORGIA, NEVADA, PENNSYLVANIA AND WISCONSIN | $9,000,000 |
Washington, DC PURPOSE: CLIMATE AND CLEAN ENERGY EQUITY FUND - GENERAL SUPPORT FOR INITIATIVES IN ARIZONA, GEORGIA, NEVADA, PENNSYLVANIA AND WISCONSIN | $6,000,000 |
Washington, DC PURPOSE: WAY TO RISE PROJECT - GENERAL SUPPORT FOR INITIATIVES IN ARIZONA, GEORGIA, NEVADA, PENNSYLVANIA AND WISCONSIN | $3,000,000 |
Washington, DC PURPOSE: CLIMATE AND CLEAN ENERGY EQUITY FUND - GENERAL SUPPORT FOR INITIATIVES IN ARIZONA, GEORGIA, NEVADA, PENNSYLVANIA AND WISCONSIN | $3,000,000 |
THE MIAMI FOUNDATION PURPOSE: NEWSMATCH - GENERAL SUPPORT IN ARIZONA, GEORGIA, NEVADA, PENNSYLVANIA, WISCONSIN | $3,000,000 |
THE MIAMI FOUNDATION PURPOSE: NEWSMATCH - GENERAL SUPPORT IN ARIZONA, GEORGIA, NEVADA, PENNSYLVANIA, WISCONSIN | $1,500,000 |
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 |