Viking Global Foundation Inc
- Assets
- $9.1m
- Revenue
- $6.9m
- Investments
- $8.9m
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 10/2009
- Data as of
- 12/2021
- EIN
- 90-0512778
Organization Overview
Viking Global Foundation Inc is located in Greenwich, CT. The organization was established in 2009. 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. Viking Global Foundation Inc 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, Viking Global Foundation Inc generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $3.3m during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 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 2015, Viking Global Foundation Inc has awarded 1,444 individual grants totaling $19,788,831. 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 Program Activity:
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Zinober Director | 0.03 | $0 | |
Rose Shabet Director | 0.03 | $0 | |
Molly Brethauer President | 40 | $0 | |
O Andreas Halvorsen Director | 0.03 | $0 | |
Robert Lourenco Treasurer | 0.03 | $0 | |
Haley Garrett Secretary | 0.03 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,259,397 |
| Interest on Savings | $0 |
| Dividends & Interest | $665,942 |
| 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 | $6,925,339 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,257 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $55,400 |
| Printing and publications | $0 |
| Other expenses | $156,953 |
| Total operating and administrative expenses | $268,654 |
| Contributions, gifts, grants paid | $2,986,448 |
| Total expenses and disbursements | $3,255,102 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,987 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $48,983 |
| 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 | $8,913,486 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $12,824 |
| Total assets | $9,058,280 |
| Accounts payable and accrued expenses | $48,983 |
| Grants payable | $200,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $5,768 |
| Total liabilities | $254,751 |
Grants Awarded
Over the last fiscal year, Viking Global Foundation Inc has awarded $3,059,330 in support to 242 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL SUPPORT | $251,050 |
UNIVERSITY SETTLEMENT OF NY PURPOSE: GENERAL SUPPORT | $180,000 |
SHELTERING ARMS CHILDREN & FAMILY SVCS PURPOSE: GENERAL SUPPORT | $160,000 |
New Haven, CT PURPOSE: GENERAL SUPPORT | $159,722 |
Stamford, CT PURPOSE: GENERAL SUPPORT | $151,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |