Skip to content
Nonprofiteer
← GIVECLEAR FOUNDATION

Form 990 for tax year 2024

Filed by GIVECLEAR FOUNDATION.

Totals

Total revenue
$214,891,040
Total expenses
$33,572,987
Contributions and grants received
$210,477,594
Grants paid
$31,760,654
Program service revenue
$0
Investment income
$4,413,446
Other revenue
$0
Total assets, end of year
$215,446,402
Total liabilities, end of year
$531,552
Net assets or fund balances, end of year
$214,914,850
Program services expenses (Part IX)
$33,493,971
Management and general expenses
$68,216
Fundraising expenses
$10,800
Program service expenses (Part III)
$33,493,971

Program services were 99.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $210,477,594

  • 1g · Noncash contributions included above

    $27,958,681

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $3,629,256 · excluded $3,629,256

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $19,056,392

  • 7b · Less cost or other basis and sales expenses

    securities $18,272,202

  • 7c · Gain or loss

    securities $784,190 · other assets $0

  • 7d · Net gain or loss

    total $784,190 · excluded $784,190

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $31,760,654 · program services $31,760,654

  • 5 · Compensation of officers, directors and key employees

    total $8,793 · management and general $8,793

  • 11a · Fees: management

    total $141,949 · program services $106,359 · management and general $24,790 · fundraising $10,800

  • 11b · Fees: legal

    total $8,554 · program services $6,798 · management and general $1,756

  • 11c · Fees: accounting

    total $30,703 · program services $24,562 · management and general $6,141

  • 11f · Fees: investment management

    total $1,561,893 · program services $1,561,893

  • 11g · Fees: other

    total $18,833 · program services $716 · management and general $18,117 · fundraising $0

  • 13 · Office expenses

    total $12,670 · program services $11,474 · management and general $1,196

  • 14 · Information technology

    total $21,414 · program services $18,872 · management and general $2,542

  • 23 · Insurance

    total $7,025 · program services $2,643 · management and general $4,382

  • 24e · All other expenses

    total $499 · program services $0 · management and general $499 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,208,589 · end of year $40,882,598

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,191 · end of year $1,735

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $23,436,365 · end of year $171,007,146

  • 12 · Investments: other securities

    beginning of year $0 · end of year $3,554,923

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $61,497 · end of year $531,552

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $25,584,648 · end of year $214,914,850

Mission and programs · 2024

Mission

The GiveClear Foundation delivers an inspiring charitable giving experience through innovative technology and personal engagement for Americans.

Activities or mission (Part I)

GiveClear Foundation is a charitable grantmaking sponsor of donor advised funds.

  • The GiveClear Foundation delivers an inspiring charitable giving experience through innovative technology and personal engagement for Americans. We envision a new model of philanthropy - a system at your fingertips connecting passionate people to trusted charities at scale - empowering people of any means to give and support positive change. During 2024 we distributed over $31.7M in grants that positively impacted 2,630 non profit organizations across the United States.

    Expenses $33,493,971 · Grants $31,760,654

As filed on the 2024 return.

Listed in Part VII

  • Wes Long

    Board Chair, Treasurer

    Total calculated
    $0
    Hours/week
    1
  • David Collins

    Board Member

    Total calculated
    $8,793
    From this org
    $8,793
    From related orgs
    $0
    Other
    $0
    Hours/week
    10 + 5 related
  • Eddie Beal

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Nick Stonestreet

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Randall Hoag

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Robert Bales

    Executive Director

    Total calculated
    $0
    Hours/week
    24
  • Terrance McCaffrey

    CFO

    Total calculated
    $0
    Hours/week
    6

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • GiveClear Global

    Management Services · DE · income $3,090 · assets $4,696

    Directly controlled by GiveClear Foundation

Provenance

Return type
form_990
Tax year
2024
Filed
15 November 2025
IRS schema version
2024v5.1
Source object
202533199349302978

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

The source document this was parsed from is served over the API, which is where bulk and document access live.