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Nonprofiteer
← THE SKOLL FUND

Form 990 for tax year 2024

Filed by THE SKOLL FUND.

Totals

Total revenue
$75,248,928
Total expenses
$59,643,539
Contributions and grants received
$33,037,914
Grants paid
$56,133,469
Program service revenue
$0
Investment income
$42,211,014
Other revenue
$0
Total assets, end of year
$945,764,651
Total liabilities, end of year
$22,309,172
Net assets or fund balances, end of year
$923,455,479
Program services expenses (Part IX)
$56,263,465
Management and general expenses
$3,380,074
Fundraising expenses
$0
Program service expenses (Part III)
$56,263,465

Program services were 94.3% 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.

  • 1d · Related organizations

    $20,017,562

  • 1f · All other contributions, gifts and grants

    $13,020,352

  • 1g · Noncash contributions included above

    $13,000,352

  • 3 · Investment income

    total $2,965,284 · unrelated business -$137,832 · excluded $3,103,116

  • 7a · Gross sales of assets other than inventory

    securities $506,644,616

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

    securities $467,398,886

  • 7c · Gain or loss

    securities $39,245,730

  • 7d · Net gain or loss

    total $39,245,730 · excluded $39,245,730

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $51,833,469 · program services $51,833,469

  • 3 · Grants to foreign organizations and individuals

    total $4,300,000 · program services $4,300,000

  • 11a · Fees: management

    total $259,992 · program services $129,996 · management and general $129,996

  • 11c · Fees: accounting

    total $64,995 · management and general $64,995

  • 11f · Fees: investment management

    total $3,052,059 · management and general $3,052,059

  • 23 · Insurance

    total $28,650 · management and general $28,650

  • 24a · Other expenses: UBIT TAXES

    total $103,544 · management and general $103,544

  • 24b · Other expenses: FILING FEES

    total $830 · management and general $830

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $4,772,964 · end of year $5,792,822

  • 11 · Investments: publicly traded securities

    beginning of year $360,021,881 · end of year $247,947,396

  • 12 · Investments: other securities

    beginning of year $502,629,885 · end of year $692,024,433

  • 18 · Grants payable

    beginning of year $16,298,840 · end of year $22,309,172

  • 27 · Net assets without donor restrictions

    beginning of year $851,125,890 · end of year $923,455,479

Mission and programs · 2024

Mission

THE SKOLL FUND IS A SUPPORTING ORGANIZATION ASSOCIATED WITH SILICON VALLEY COMMUNITY FOUNDATION. TOGETHER WITH THE SKOLL FOUNDATION, A PRIVATE FOUNDATION, ITS MISSION IS TO CATALYZE TRANSFORMATIONAL SOCIAL CHANGE BY INVESTING IN, CONNECTING, AND CHAMPIONING SOCIAL ENTREPRENEURS AND OTHER SOCIAL INNOVATORS WHO TOGETHER ADVANCE BOLD AND EQUITABLE SOLUTIONS TO THE WORLD'S MOST PRESSING PROBLEMS.

Activities or mission (Part I)

CATALYZE TRANSFORMATIONAL SOCIAL CHANGE BY INVESTING IN, CONNECTING, AND CHAMPIONING SOCIAL ENTREPRENEURS AND OTHER SOCIAL INNOVATORS WHO TOGETHER ADVANCE BOLD AND EQUITABLE SOLUTIONS TO THE WORLD'S MOST PRESSING PROBLEMS.

  • INVEST - WE INVEST IN SOCIAL ENTREPRENEURS AND OTHER SOCIAL INNOVATORS WHO OFFER A COMPELLING VISION, CREATIVE SOLUTIONS, AND PROVEN APPROACHES.

    Expenses $47,311,996 · Grants $47,202,682

  • CONNECT & CHAMPION - WE CONNECT OUR COMMUNITY TO DRIVE TOWARDS TRANSFORMATIONAL CHANGE THROUGH OUR GLOBAL NETWORK AND CONVENINGS LIKE THE SKOLL WORLD FORUM TO SHARE LEARNINGS, JOIN FORCES, AND ACHIEVE AMBITIOUS GOALS WITH OTHER SOCIAL INNOVATORS, FUNDERS, AND KEY STAKEHOLDERS. WE USE OUR VOICE AND GLOBAL AUDIENCE TO CHAMPION THE WORK OF SOCIAL INNOVATORS, HELPING EXTEND THEIR REACH AND EXPAND THEIR IMPACT. COMBINING STORYTELLING, THOUGHT LEADERSHIP, AND STRATEGIC ALLIANCES, WE SUPPORT ORGANIZATIONS TO MOBILIZE MORE RESOURCES AND CREATE MOMENTUM FOR LASTING SOCIAL CHANGE

    Expenses $4,626,476 · Grants $4,615,786

  • SPECIAL OPPORTUNITY & OTHER - WE SUPPORT TIMELY OPPORTUNITIES THAT HELP ADVANCE THE FOUNDATION'S MISSION

    Expenses $4,324,993 · Grants $4,315,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • James Gb Demartini III

    CHAIR, DONOR CLASS DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Shashi Buluswar

    DONOR CLASS DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Cheryl Dorsey

    CONTROLLING ORGANIZATION CLASS DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Pat Mitchell

    CONTROLLING ORGANIZATION CLASS DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Rajesh Panjabi

    CONTROLLING ORGANIZATION CLASS DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Gayle Smith

    CONTROLLING ORGANIZATION CLASS DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Lindsey Spindle

    DONOR CLASS DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Don Gips

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $0
    Hours/week
    0.5

  • Marla Blow

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Bruce Lowry

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Debbie Santos

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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.

  • TSF FORE LLC

    INVESTMENT · DE · income $0 · assets $1,061,028

    Directly controlled by SKOLL FUND

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • CHSO TSF LP

    EXCLUDED · INVESTMENT · DC · 85.44% owned · share of income -$163,777 · share of assets $3,450,863

    Directly controlled by SKOLL FUND

  • ICONIQ ACCESS XLI LP

    INVESTMENT · CA

  • ICQ CPE I-B LP

    INVESTMENT · CA

  • ICONIQ DC FUND I FEEDER (TE) LP

    INVESTMENT · CA

  • ICQ CPE 2018 B LP

    INVESTMENT · CA

  • ICQ CPE 2019 B

    INVESTMENT · CA

  • ICONIQ CVC 2019 B LP

    INVESTMENT · CA

  • NYDIG INSTITUTIONAL BITCOIN FUND LP

    INVESTMENT · DE

  • AEGIS RESERVE PARTNERS LP

    INVESTMENT · CA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CLEARLAKE OPPORTUNITIES PARTNERS (E-OFFSHORE) LP

    C · INVESTMENT · CJ

  • FARALLON CO-INVESTMENT FEEDER FUND LP

    C · INVESTMENT · CJ

Provenance

Return type
form_990
Tax year
2024
Filed
15 November 2025
IRS schema version
2024v5.2
Source object
202543189349314754

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