Intuitive Foundation
- Assets
- $66.1m
- Revenue
- $30.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Sunnyvale, CA
- Founding
- 12/2018
- Data as of
- 12/2021
- EIN
- 83-2210302
Organization Overview
Intuitive Foundation is located in Sunnyvale, CA. The organization was established in 2018. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Intuitive 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, Intuitive Foundation generated $30.0m in total revenue. All expenses for the organization totaled $9.0m during the year ending 12/2021. While expenses have increased by 24.3% per year over the past 3 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 2019, Intuitive Foundation has awarded 295 individual grants totaling $29,172,180. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Chow Treasurer | 4 | $0 | |
Lonnie M Smith Director | 0.7 | $0 | |
Wendy Cheng Secretary | 5 | $0 | |
Mark Rubash Board Chair | 0.7 | $0 | |
Dr Myriam J Curet Director | 0.7 | $0 | |
Romain Denis Director | 0.7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,030,000 |
| Interest on Savings | $11,225 |
| Dividends & Interest | $0 |
| 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 | $30,041,225 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,123 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $10,997 |
| Printing and publications | $6,990 |
| Other expenses | $1,111,664 |
| Total operating and administrative expenses | $1,233,720 |
| Contributions, gifts, grants paid | $7,774,234 |
| Total expenses and disbursements | $9,007,954 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,883 |
| Savings and temporary cash investments | $65,992,637 |
| Net Accounts receivable | $30,000 |
| 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 | $66,087,520 |
| Accounts payable and accrued expenses | $789,181 |
| Grants payable | $5,233,277 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,022,458 |
Grants Awarded
Over the last fiscal year, Intuitive Foundation has awarded $13,599,125 in support to 137 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHT FUNDS FOUNDATION PURPOSE: GENERAL SUPPORT FOR VARIOUS DESIGNATED CHARITIES | $1,476,970 |
EUROPEAN SOCIETY COLOPROCTOLOGY PURPOSE: DEVELOPMENT OF TRAINING PROGRAM | $1,289,697 |
FOUNDATION FOR SURGICAL FELLOWSHIPS PURPOSE: ROBOTIC SURGICAL FELLOWSHIP | $518,000 |
EUROPEAN SOCIETY COLOPROCTOLOGY (ESCP) PURPOSE: FELLOWSHIP DIRECTOR: DR. RICHARD VAN HILLEGERSBERG; SURGICAL SPECIALTY: GENERAL | $501,116 |
PAEDIATRIC SURGICAL PURPOSE: TRAINING GRAND CHALLENGE | $400,000 |
SOCIETY OF BLACK ACADEMIC SURGEONS (SBAS) PURPOSE: 2-YEAR RESEARCH MENTORSHIP PROGRAM FOR 3 SURGEONS | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Partnerships Inc Portland, OR | $30,268,238 | $16,325,065 |
Coalition Of Homeless Services Providers Seaside, CA | $4,824,470 | $13,798,349 |
Applied Materials Foundation Santa Clara, CA | $3,893,946 | $2,033,120 |
Cal Poly Pomona Philanthropic Foundation Pomona, CA | $212,751,456 | $20,250,176 |
Intuitive Foundation Sunnyvale, CA | $66,087,520 | $30,041,225 |
Cal State Fullerton Philanthropic Foundation Fullerton, CA | $185,411,080 | $61,222,330 |
The Center For Common Concerns Inc San Francisco, CA | $4,578,561 | $9,221,724 |
Lacentra-Sumerlin Foundation Santa Barbara, CA | $23,655,418 | $9,034,857 |
Nevada H A N D Inc Las Vegas, NV | $77,122,058 | $13,558,861 |
Los Angeles Brotherhood Crusade - Black United Fund Inc Los Angeles, CA | $11,518,152 | $7,122,704 |
Ninos Latinos Unidos Foster Family Agency Bellflower, CA | $3,255,645 | $6,207,449 |
Earn Inc San Francisco, CA | $4,666,013 | $6,096,745 |