Givingfund
- Assets
- $271.8k
- Revenue
- $242.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 83-1774838
Organization Overview
Givingfund is located in Oakland, CA. The organization was established in 2019. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, 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. Givingfund 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 12/2022, Givingfund generated $242.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 40.7% each year . All expenses for the organization totaled $197.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Givingfund has awarded 13 individual grants totaling $146,454. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE GIVING TO NONPROFITS THROUGH A LOWCOST DAF TECHNOLOGY PLATFORM
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE GIVING TO 501(C)(3) TAX-EXEMPT ORGANIZATIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samantha Penabad President Director | OfficerTrustee | $0 | |
Kim Long Treasurer Director | OfficerTrustee | $0 | |
Seren Pendleton Knoll Secretary | Trustee | $0 | |
Kimberly Ayers Director | Trustee | $0 |
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 | $240,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $240,750 |
| Total Program Service Revenue | $0 |
| Investment income | $1,239 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $241,989 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $195,995 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $559 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $803 |
| Office expenses | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $197,357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,752 |
| Savings and temporary cash investments | $50,086 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $271,838 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $271,838 |
| 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 | $271,838 |
Grants Awarded
Over the last fiscal year, Givingfund has awarded $73,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC | | $50,000 |
Milpitas, CA | | $18,000 |
Baltimore, MD | | $5,000 |
Oakland, CA | | $0 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Givingfund has recieved totaling $79,856.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $39,878 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $39,878 |
Pittman Family Foundation New York, NY PURPOSE: GENERAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redf San Francisco, CA | $41,522,686 | $11,565,051 |
Employees Charity Organization Redondo Beach, CA | $0 | $1,994,231 |
Operating Engineers Industry Stabil Ization Trust Fund Alameda, CA | $275,534 | $1,101,204 |
Oregon Chinese Coalition Beaverton, OR | $518,934 | $836,117 |
Givingfund Oakland, CA | $271,838 | $241,989 |
501 Collective Lake Oswego, OR | $16,006 | $0 |
Hyojin Kim Nirav Patel Foundation Inc San Francisco, CA | $1,720,069 | $74,528 |
Gallic Foundation Inc Berkeley, CA | $968,181 | $199,585 |
Yari Family Foundation Los Angeles, CA | $469,191 | $205,012 |
Nick Of Time Project Inc Glendale, CA | $5,826 | $0 |
Chris & Karen Chen Foundation San Ramon, CA | $103,476 | $3,852 |
Duchen Foundation Castro Valley, CA | $108,284 | $51,275 |