Gordon E And Betty I Moore Foundation
- Assets
- $7.2b
- Revenue
- $420.4m
- Investments
- $6.9b
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 09/2001
- Data as of
- 12/2019
- EIN
- 94-3397785
Organization Overview
Gordon E And Betty I Moore Foundation is located in Palo Alto, CA. The organization was established in 2001. 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.
For the year ending 12/2019, Gordon E And Betty I Moore Foundation generated $420.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $372.1m during the year ending 12/2019. While expenses have increased by 2.4% per year over the past 5 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 2014, Gordon E And Betty I Moore Foundation has awarded 7,660 individual grants totaling $2,477,672,405. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE GENERAL EXPLANATION ATTACHMENT 2
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Strack Chief Investment Officer | 37.5 | $2,967,642 | |
Alison Barad Investment Director | 37.5 | $1,223,658 | |
Niles Bryant Investment Director | 37.5 | $1,206,763 | |
Felicia Chiu Investment Director | 37.5 | $1,116,711 | |
Dale Kunkel Investment Director | 37.5 | $1,116,651 | |
Harvey V Fineberg Trustee & President | 37.5 | $914,250 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Silchester Intl Investors | 12/30/19 | $1,180,186 |
Eagle Capital Management Llc | 12/30/19 | $821,123 |
The Boston Consulting Group Inc | 12/30/19 | $948,000 |
Wellington Trust Company | 12/30/19 | $648,539 |
Generation Inv Management Llp | 12/30/19 | $1,398,678 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5 |
| Interest on Savings | $4,166,674 |
| Dividends & Interest | $12,340,825 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $306,703,749 |
| Capital Gain Net Income | $239,084,201 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $97,218,074 |
| Total Revenue | $420,429,327 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,679,042 |
| Other employee salaries and wages | $20,197,916 |
| Pension plans, employee benefits | $5,897,734 |
| Interest | $0 |
| Taxes | $22,838,290 |
| Depreciation | $2,182,223 |
| Occupancy | $1,569,782 |
| Travel, conferences, and meetings | $2,443,652 |
| Printing and publications | $25,948 |
| Other expenses | $1,331,828 |
| Total operating and administrative expenses | $75,489,086 |
| Contributions, gifts, grants paid | $296,587,694 |
| Total expenses and disbursements | $372,076,780 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,501 |
| Savings and temporary cash investments | $57,343,793 |
| Net Accounts receivable | $0 |
| 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 | $10,883,987 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,582,830,096 |
| Net Land, buildings, and equipment | $36,513,835 |
| Other assets | $167,331,105 |
| Total assets | $7,171,712,288 |
| Accounts payable and accrued expenses | $16,365,173 |
| Grants payable | $15,000,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $29,694,054 |
| Total liabilities | $61,059,227 |
Grants Awarded
Over the last fiscal year, Gordon E And Betty I Moore Foundation has awarded $444,959,312 in support to 1,219 organizations.
| Grant Recipient | Amount |
|---|---|
REGENTS OF THE UNIVERSITY OF CALIFORNIA PURPOSE: TO SUPPORT THE BETTY IRENE MOORE SCHOOL OF NURSING AT THE UNIVERSITY OF CALIFORNIA, DAVIS IN DEVELOPING, IMPLEMENTING AND EXECUTING A NATIONAL FELLOWSHIP PROGRAM FOR NURSE LEADERS AND INNOVATORS. | $30,729,329 |
Pasadena, CA PURPOSE: TO PROVIDE SUPPORT FOR THE THIRTY METER TELESCOPE. | $19,250,000 |
Oakland, CA PURPOSE: TO PROVIDE SUPPORT FOR THE THIRTY METER TELESCOPE. | $19,250,000 |
Washington, DC PURPOSE: TO IMPLEMENT THE SEAFOOD COLLABORATION FOR THE OCEANS AND SEAFOOD MARKETS INITIATIVE. | $7,329,402 |
REGENTS OF THE UNIVERSITY OF CALIFORNIA PURPOSE: TO SUPPORT THE BETTY IRENE MOORE SCHOOL OF NURSING AT THE UNIVERSITY OF CALIFORNIA, DAVIS IN DEVELOPING, IMPLEMENTING AND EXECUTING A NATIONAL FELLOWSHIP PROGRAM FOR NURSE LEADERS AND INNOVATORS. | $6,798,678 |
Washington, DC PURPOSE: TO SUPPORT A FINANCE HUB THAT WILL SUPPORT IMPLEMENTATION OF THE CONSERVATION AND MARKETS INITIATIVE'S GOAL OF INCREASING AWARENESS OF NATURAL RESOURCE RISK AMONG FINANCIAL INSTITUTIONS. | $6,484,192 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Gordon E And Betty I Moore Foundation has recieved totaling $225,428.
| Awarding Organization | Amount |
|---|---|
New Venture Fund Washington, DC PURPOSE: ENVIRONMENTAL PROGRAMS | $112,714 |
New Venture Fund Washington, DC PURPOSE: ENVIRONMENTAL PROGRAMS | $112,714 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
David And Lucile Packard Foundation Los Altos, CA | $7,969,450,311 | $583,512,886 |
Gordon E And Betty I Moore Foundation Palo Alto, CA | $7,171,712,288 | $420,429,327 |
Chan Zuckerberg Initiative Foundation Palo Alto, CA | $5,513,014,582 | $130,867,530 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $216,107,505 | $79,449,712 |
The Heising-Simons Foundation Los Altos, CA | $592,364,420 | $130,276,952 |
The Energy Foundation San Francisco, CA | $101,883,000 | $125,609,558 |
Gerson Bakar Foundation San Francisco, CA | $820,628,561 | $470,431,818 |
Helen And Sanford Diller Family Foundation San Mateo, CA | $0 | $103,100,333 |
Koum Family Foundation Menlo Park, CA | $1,835,620,491 | $59,731,479 |
Knight Foundation Beaverton, OR | $2,272,552,214 | $887,142,889 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $585,768,391 | $128,642,441 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,342,598,467 | $238,519,173 |