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Nonprofiteer
← PHILANTHROPIC VENTURES FOUNDATION

Form 990 for tax year 2023

Filed by PHILANTHROPIC VENTURES FOUNDATION.

Totals

Total revenue
$71,022,800
Total expenses
$24,930,502
Contributions and grants received
$69,240,577
Grants paid
$16,490,983
Program service revenue
not reported
Investment income
not reported
Other revenue
not reported
Total assets, end of year
not reported
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
not reported
Program services expenses (Part IX)
$20,466,322
Management and general expenses
$2,348,130
Fundraising expenses
$2,116,050
Program service expenses (Part III)
$20,466,322

Program services were 82.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BILL SOMERVILLE

    PRESIDENT/FOUNDER

    Total calculated
    $115,937
    From this org
    $105,290
    From related orgs
    $0
    Other
    $10,647
    Hours/week
    24

  • MOIRA C WALSH

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • JAMES HIGA

    TREASURER/EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    32

  • DUNCAN BEARDSLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JAMES R CODY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KAMBA TSHIONYI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JACKIE SPEIER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • COLBURN S WILBUR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ALICIA AGUIRRE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ADRIENNE TISSIER

    DIRECTOR (THRU 3/6/23)

    Total calculated
    $0
    Hours/week
    2

  • DAWN HAWK

    COO

    Total calculated
    $225,108
    From this org
    $198,000
    From related orgs
    $0
    Other
    $27,108
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,000
    Bonus
    $0
    Other
    $0
    Deferred
    $19,800
    Nontaxable benefits
    $7,308
    Filer's total
    $225,108

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 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 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

  • RESILIA ACADEMY

    $1,292,799

    GENERAL SUPPORT

  • OAKSTOP LLC

    $678,837

    GENERAL SUPPORT

  • COUNTY OF ALAMEDA

    $643,845

    ALL IN ALAMEDA COUNTY

  • THE OAKSTOP EFFECT

    $333,200

    GENERAL SUPPORT

  • TURNING BASIN LABS

    $252,896

    GENERAL SUPPORT

  • CATHOLIC WORKER HOUSE

    $241,000

    GENERAL SUPPORT

  • 54 THRONES LLC

    $200,000

    GENERAL SUPPORT

  • BLACK CULTURAL ZONE

    $147,500

    GENERAL SUPPORT

  • HAWAII COMMUNITY FOUNDATION

    $112,500

    FOR LAHAINA RELIEF EFFORTS

  • THE HARDY CLINIC

    $100,000

    GENERAL SUPPORT

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

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202433209349317268

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

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