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Nonprofiteer
← PAYPAL CHARITABLE GIVING FUND

Form 990 for tax year 2024

Filed by PAYPAL CHARITABLE GIVING FUND.

Totals

Total revenue
$813,412,937
Total expenses
$811,512,917
Contributions and grants received
$810,368,069
Grants paid
$797,890,089
Program service revenue
$1,935,056
Investment income
$1,109,812
Other revenue
$0
Total assets, end of year
$106,256,109
Total liabilities, end of year
$101,469,932
Net assets or fund balances, end of year
$4,786,177
Program services expenses (Part IX)
$811,015,885
Management and general expenses
$384,153
Fundraising expenses
$112,879
Program service expenses (Part III)
$811,015,885

Program services were 99.9% 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

    $2,209,075

  • 1f · All other contributions, gifts and grants

    $808,158,994

  • 2a · Program service revenue: PROGRAM REVENUE

    total $1,935,056 · related or exempt $1,935,056 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

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

  • 3 · Investment income

    total $1,109,812 · related or exempt $0 · unrelated business $0 · excluded $1,109,812

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8c · Net income from fundraising events

    total $0

  • 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 $794,381,014 · program services $794,381,014

  • 3 · Grants to foreign organizations and individuals

    total $3,509,075 · program services $3,509,075

  • 11b · Fees: legal

    total $23,974 · program services $21,577 · management and general $2,397 · fundraising $0

  • 11g · Fees: other

    total $265,884 · program services $0 · management and general $265,884 · fundraising $0

  • 12 · Advertising and promotion

    total $68,009 · program services $0 · management and general $0 · fundraising $68,009

  • 14 · Information technology

    total $419,194 · program services $419,194 · management and general $0 · fundraising $0

  • 17 · Travel

    total $5,195 · program services $0 · management and general $5,195 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $11,120 · program services $0 · management and general $11,120 · fundraising $0

  • 24a · Other expenses: TRANSACTION COSTS & SERVICE FEES

    total $12,638,372 · program services $12,638,372 · management and general $0 · fundraising $0

  • 24b · Other expenses: PERSONNEL COST

    total $180,230 · program services $45,449 · management and general $89,911 · fundraising $44,870

  • 24c · Other expenses: STAFF DEVELOPMENT

    total $9,646 · program services $0 · management and general $9,646 · fundraising $0

  • 24d · Other expenses: BAD DEBT EXPENSE

    total $1,204 · program services $1,204 · management and general $0 · fundraising $0

  • 24e · All other expenses

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

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $123,385,271 · end of year $44,372,091

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $61,216,075

  • 3 · Pledges and grants receivable

    beginning of year $14,321 · end of year $399,073

  • 4 · Accounts receivable

    beginning of year $203,473 · end of year $214,398

  • 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 $47,982 · end of year $54,472

  • 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

  • 12 · Investments: other securities

    beginning of year $0

  • 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 $347,726 · end of year $642,905

  • 18 · Grants payable

    beginning of year $113,281,480 · end of year $97,016,071

  • 19 · Deferred revenue

    beginning of year $7,039,418 · end of year $3,807,058

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $96,266 · end of year $3,898

  • 27 · Net assets without donor restrictions

    beginning of year $2,886,157 · end of year $4,786,177

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

OUR VISION IS TO REIMAGINE EVERYDAY GIVING TO HELP CHARITIES. OUR MISSION IS TO ENABLE THE WORLD'S LEADING ONLINE PLATFORMS TO CREATE OPPORTUNITIES FOR EVERYDAY CHARITABLE GIVING. IN DOING SO, WE ENSURE OUR PROGRAMS ARE TRUSTWORTHY, SCALABLE AND IMPACTFUL, RAISING NEW FUNDS AND CREATING NEW CONNECTIONS FOR THE BENEFITING CHARITIES.

  • PAYPAL CHARITABLE GIVING FUND - OUR PROGRAM AIMS TO INSPIRE A NEW WAVE OF PHILANTHROPY, HARNESSING THE POWER OF TECHNOLOGY TO MAKE GIVING A PART OF EVERYDAY LIFE. WE PURSUE THIS VISION BY DEVELOPING INNOVATIVE PROGRAMS THAT INTRODUCE CHARITABLE GIVING IN RELEVANT AND ENGAGING WAYS TO NEW AUDIENCES, BENEFITTING THE CHARITY SECTOR. THROUGH OUR PARTNERSHIPS, WE MAKE IT EASY FOR DONORS TO SUPPORT THE CHARITIES THEY CARE ABOUT ON THE WEBSITES AND APPS THEY USE EVERY DAY. IN DOING SO, WE ENABLE CHARITIES TO FORGE RELATIONSHIPS WITH NEW SUPPORTERS, AND TO BENEFIT FROM NEW SOURCES OF FUNDS TO APPLY IN PURSUIT OF THEIR MISSIONS. WE PROVIDE DONATION AND DONOR REPORTS, ISSUE TAX RECEIPTS, DISTRIBUTE GRANTS, AND HANDLE REGISTRATION REQUIREMENTS - ALL WITHOUT CHARGING INDIVIDUAL DONORS OR CHARITIES FOR OUR SERVICES.

    Expenses $811,015,885 · Grants $797,890,089 · Revenue $1,935,056

As filed on the 2024 return.

Listed in Part VII

  • Allyson Huve

    TREASURER (AS OF 07/2024)

    Total calculated
    $0
    Hours/week
    1 + 45 related

  • Cosmin Pitigoi

    TREASURER (THRU 03/2024)

    Total calculated
    $0
    Hours/week
    1 + 45 related

  • Keala Gaines

    CHAIR (AS OF 07/2024)

    Total calculated
    $0
    Hours/week
    1 + 45 related

  • Shanthini Sarkar

    CHAIR (THRU 07/2024)

    Total calculated
    $0
    Hours/week
    1 + 45 related

  • Jim Texter

    BOARD MEMBER (07/2024- 09/2024)

    Total calculated
    $0
    Hours/week
    1 + 45 related

  • Rob Regan

    BOARD MEMBER (AS OF 02/2024)

    Total calculated
    $0
    Hours/week
    1 + 45 related

  • Tie Kim

    BOARD MEMBER (THRU 10/2024)

    Total calculated
    $0
    Hours/week
    1

  • Victoria Vrana

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Alicia Kinsey

    SECRETARY

    Total calculated
    $17,490
    From this org
    $0
    From related orgs
    $17,490
    Other
    $0
    Hours/week
    1 + 45 related

  • Joshua Tripp

    PRESIDENT & COO (THRU 04/2024)

    Total calculated
    $7,037
    From this org
    $0
    From related orgs
    $7,037
    Other
    $0
    Hours/week
    5 + 40 related

  • Nick Aldridge

    CEO

    Total calculated
    $221,784
    From this org
    $0
    From related orgs
    $213,700
    Other
    $8,084
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $0 + $213,700 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $8,084 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $221,784 related

  • Nuru Kiyemba

    CFO

    Total calculated
    $212,616
    From this org
    $0
    From related orgs
    $186,326
    Other
    $26,290
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $0 + $186,326 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $10,889 related
    Nontaxable benefits
    $0 + $15,401 related
    Filer's total
    $0 + $212,616 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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.

  • PAYPAL GIVING FUND UK

    GRANTMAKING · UK · controlled entity

    Directly controlled by PPGF US

  • PAYPAL GIVING FUND CANADA

    GRANTMAKING · CA · controlled entity

    Directly controlled by PPGF US

  • PAYPAL GIVING FUND AUSTRALIA

    GRANTMAKING · AS · controlled entity

    Directly controlled by PPGF US

  • PAYPAL GIVING FUND IRELAND

    GRANTMAKING · EI · controlled entity

    Directly controlled by PPGF US

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.

Related corporations and trusts

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

  • PAYPAL INC

    C Corporation · DIGITAL PAYMENT · CA · 0% owned

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
3 November 2025
IRS schema version
2024v5.1
Source object
202533079349301308

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

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