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Nonprofiteer
← DROPBOX FOUNDATION

Form 990 for tax year 2024

Filed by DROPBOX FOUNDATION.

Totals

Total revenue
$2,039,700
Total expenses
$1,261,422
Contributions and grants received
$200
Grants paid
$1,078,000
Program service revenue
$0
Investment income
$2,039,500
Other revenue
$0
Total assets, end of year
$25,572,072
Total liabilities, end of year
$6,928
Net assets or fund balances, end of year
$25,565,144
Program services expenses (Part IX)
$1,253,387
Management and general expenses
$8,035
Fundraising expenses
$0
Program service expenses (Part III)
$1,253,387

Program services were 99.4% 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

    $200

  • 3 · Investment income

    total $236,568 · excluded $236,568

  • 7a · Gross sales of assets other than inventory

    securities $2,995,061

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

    securities $1,192,129

  • 7c · Gain or loss

    securities $1,802,932

  • 7d · Net gain or loss

    total $1,802,932 · excluded $1,802,932

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $739,000 · program services $739,000

  • 3 · Grants to foreign organizations and individuals

    total $339,000 · program services $339,000

  • 11b · Fees: legal

    total $10,246 · program services $10,246

  • 11c · Fees: accounting

    total $7,000 · management and general $7,000

  • 11f · Fees: investment management

    total $416 · management and general $416

  • 11g · Fees: other

    total $14,054 · program services $14,054

  • 13 · Office expenses

    total $300 · program services $300

  • 14 · Information technology

    total $6,040 · program services $6,040

  • 17 · Travel

    total $4,277 · program services $4,277

  • 24a · Other expenses: GRANT ASSESSMENT FEES

    total $129,500 · program services $129,500

  • 24b · Other expenses: MEMBERSHIP DUES & REG.

    total $10,970 · program services $10,970

  • 24c · Other expenses: FILING FEES

    total $619 · management and general $619

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,303,704 · end of year $18,039

  • 11 · Investments: publicly traded securities

    beginning of year $24,446,307 · end of year $25,554,033

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,725 · end of year $6,928

  • 28 · Net assets with donor restrictions

    beginning of year $26,737,286 · end of year $25,565,144

Mission and programs · 2024

Mission

THE DROPBOX CHARITABLE FOUNDATION PARTNERS WITH IMPACTFUL ORGANIZATIONS THAT DEFEND HUMAN RIGHTS AROUND THE WORLD. (CONT SCH O)DCF PROVIDES UNRESTRICTED GRANTS, AND TO MAKE THAT FUNDING GO FURTHER, WE MATCH ORGANIZATIONAL NEEDS TO THE CAPABILITIES OF DROPBOX EMPLOYEE VOLUNTEERS.

Activities or mission (Part I)

WE PARTNER WITH IMPACTFUL ORGANIZATIONS TO DEFEND HUMAN RIGHTS AROUND THE WORLD.

  • THE DROPBOX FOUNDATION PARTNERS WITH IMPACTFUL ORGANIZATIONS THAT DEFEND HUMAN RIGHTS AROUND THE WORLD. WE PROVIDE UNRESTRICTED GRANTS - AND TO MAKE THAT FUNDING GO FURTHER, WE MATCH ORGANIZATIONAL NEEDS TO THE CAPABILITIES OF DROPBOX EMPLOYEE VOLUNTEERS.WE'RE BUILDING A RELATIONSHIP WITH OUR GRANTEE PARTNERS BASED ON TRUST. THE DROPBOX FOUNDATION CONNECTS THESE PARTNERS TO EACH OTHER SO THEY CAN SHARE THE VALUABLE KNOWLEDGE THEY'VE GATHERED OVER THE YEARS. MUTUAL RESPECT AND A SHARED PASSION FOR DEFENDING HUMAN RIGHTS GUIDE EVERYTHING WE DO.

    Expenses $1,253,387 · Grants $1,078,000

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

Listed in Part VII

  • Bart Volkmer - President

    DIRECTOR & CHIEF LEGAL OFFICER

    Total calculated
    $0
    Hours/week
    0.5
  • Amber Cottle - Director Head

    OF GLOBAL PUBLIC POLICY & GOVT AFF.

    Total calculated
    $0
    Hours/week
    0.5
  • Saman Asheer

    VP OF COMMUNICATIONS & DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Gregory Ratliff

    DIRECTOR (THRU 08/2024)

    Total calculated
    $513,860
    From this org
    $0
    From related orgs
    $472,973
    Other
    $40,887
    Hours/week
    0.5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $409,750 related
    Bonus
    $0 + $63,223 related
    Other
    $0
    Deferred
    $0 + $27,732 related
    Nontaxable benefits
    $0 + $13,155 related
    Filer's total
    $0 + $513,860 related
  • Nicholas Hodges

    TREASURER & DIRECTOR (THRU 08/2024)

    Total calculated
    $686,667
    From this org
    $0
    From related orgs
    $629,197
    Other
    $57,470
    Hours/week
    0.5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $334,886 related
    Bonus
    $0 + $69,722 related
    Other
    $0 + $224,589 related
    Deferred
    $0 + $30,150 related
    Nontaxable benefits
    $0 + $27,320 related
    Filer's total
    $0 + $686,667 related
  • Shermane Bilal

    DIRECTOR

    Total calculated
    $203,293
    From this org
    $0
    From related orgs
    $172,292
    Other
    $31,001
    Hours/week
    0.5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $160,232 related
    Bonus
    $0 + $12,060 related
    Other
    $0
    Deferred
    $0 + $15,429 related
    Nontaxable benefits
    $0 + $15,572 related
    Filer's total
    $0 + $203,293 related
  • Heather Grady

    DIRECTOR

    Total calculated
    $394,382
    From this org
    $0
    From related orgs
    $341,073
    Other
    $53,309
    Hours/week
    0.5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $301,530 related
    Bonus
    $0 + $39,543 related
    Other
    $0
    Deferred
    $0 + $26,859 related
    Nontaxable benefits
    $0 + $26,450 related
    Filer's total
    $0 + $394,382 related
  • Hilary Castillo

    DIRECTOR (AS OF 09/24 & THRU 12/24)

    Total calculated
    $314,629
    From this org
    $0
    From related orgs
    $287,738
    Other
    $26,891
    Hours/week
    0.5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $217,738 related
    Bonus
    $0 + $70,000 related
    Other
    $0
    Deferred
    $0 + $19,989 related
    Nontaxable benefits
    $0 + $6,902 related
    Filer's total
    $0 + $314,629 related
  • Catherine Crystal Foster

    DIRECTOR (AS OF 09/24 & THRU 12/24)

    Total calculated
    $416,262
    From this org
    $0
    From related orgs
    $351,968
    Other
    $64,294
    Hours/week
    0.5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $290,911 related
    Bonus
    $0 + $38,288 related
    Other
    $0 + $22,769 related
    Deferred
    $0 + $29,180 related
    Nontaxable benefits
    $0 + $35,114 related
    Filer's total
    $0 + $416,262 related
  • Tina Lee

    SECRETARY

    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. 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

None.

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202533179349300333

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