Form 990-PF for tax year 2023

Totals

Total revenue

$872,237,914

Total expenses

$801,215,799

Contributions and grants received

$569,846,083

Contributions, gifts and grants paid

$641,316,726

Fair market value of assets, end of year

$7,111,014,342

Listed in Part VIII

Compensation is as filed in Part VIII of the Form 990-PF: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants paid on this return

Grants paid, cash basis (Part I, line 25, column (d))

$587,359,461

As filed, and sometimes filed as 0.

Grants paid, Part XV total (line 3a)

$587,359,461

The foundation's own total of the grants it itemizes.

These are the grants the foundation paid during the year. The “Contributions, gifts and grants paid” total above is the figure on the foundation's books. This return marks the cash method, under which a grant is recorded when it is paid. Even so, the books total and the cash figures in this section can differ, and column (d) is sometimes filed as 0.

• Builders Initiative Foundation

  $39,693,100

  Bentonville, AR

  to support charitable grantmaking and related operational expenses.

• City Fund

  $33,000,000

  Falls Church, VA

  To support general operations.

• Inspiration Point Fine Arts Colony Inc

  $21,637,578

  Eureka Springs, AR

  To support the construction of a new opera theater building and faculty housing units and supporting infrastructure on the campus of Opera in the Ozarks.

• Fidelity Investments Charitable Gift Fund

  $19,433,243

  Boston, MA

  To support special charitable projects.

• Rockefeller Philanthropy Advisors Inc

  $15,000,000

  New York, NY

  To support the Learning Engineer Virtual Institute, a new model for Education R&D designed to create technology-enabled solutions that can double the rate of low-income, middle school students' math learning.

• Charter Fund Inc DBA Charter School Growth Fund

  $13,000,000

  Denver, CO

  to support the creation and expansion of high-quality charter schools and charter management organizations nationally

• Teach For America Inc

  $13,000,000

  New York, NY

  to recruit, train and support diverse, high-quality teachers and increase the number of alumni in school or system leadership roles nationally.

• Khan Academy Inc

  $10,720,357

  Mountain View, CA

  To support a five-year goal to accelerate math learning by 50 percent for 10 percent of students in the U.S.

• KIPP Foundation

  $10,400,000

  San Francisco, CA

  to support the KIPP 2025 campaign.

• The Cleveland Avenue Foundation for Education Group

  $10,000,000

  Chicago, IL

  To support historically underrepresented entrepreneurs solving complex and urgent K-12 education challenges inhibiting the social and economic mobility and excellence of America's highest-need youth

The 10 largest to organizations. The API serves every grant row.

Provenance

Return type

form_990_pf

Tax year

2023

Filed

14 November 2024

IRS schema version

2023v5.1

Source object

202413199349102766

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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