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Nonprofiteer
← COEFFICIENT GIVING RESERCH

Form 990 for tax year 2023

Filed by COEFFICIENT GIVING RESERCH.

Totals

Total revenue
$3,108,446
Total expenses
$4,947,218
Contributions and grants received
$2,008,061
Grants paid
$0
Program service revenue
$0
Investment income
$1,097,763
Other revenue
$2,622
Total assets, end of year
$26,628,515
Total liabilities, end of year
$263,058
Net assets or fund balances, end of year
$26,365,457
Program services expenses (Part IX)
$4,722,856
Management and general expenses
$224,362
Fundraising expenses
$0
Program service expenses (Part III)
$4,722,856

Program services were 95.5% 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

    $2,008,061

  • 3 · Investment income

    total $609,228 · excluded $609,228

  • 7a · Gross sales of assets other than inventory

    securities $7,792,809

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

    securities $7,304,274

  • 7c · Gain or loss

    securities $488,535

  • 7d · Net gain or loss

    total $488,535 · excluded $488,535

  • 11a · Other revenue: OTHER INCOME

    total $2,622 · excluded $2,622

  • 11e · Other revenue, total

    $2,622

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $2,820,226 · program services $2,820,226

  • 8 · Pension plan contributions

    total $340,246 · program services $340,246

  • 9 · Other employee benefits

    total $366,274 · program services $366,274

  • 10 · Payroll taxes

    total $215,184 · program services $215,184

  • 11b · Fees: legal

    total $6,003 · management and general $6,003

  • 11c · Fees: accounting

    total $23,624 · management and general $23,624

  • 11g · Fees: other

    total $893,485 · program services $768,586 · management and general $124,899

  • 13 · Office expenses

    total $22,793 · program services $20,721 · management and general $2,072

  • 14 · Information technology

    total $26,628 · program services $17,895 · management and general $8,733

  • 16 · Occupancy

    total $22,085 · program services $21,846 · management and general $239

  • 17 · Travel

    total $145,751 · program services $145,751

  • 19 · Conferences, conventions and meetings

    total $6,629 · program services $6,127 · management and general $502

  • 22 · Depreciation, depletion and amortization

    total $3,803 · management and general $3,803

  • 23 · Insurance

    total $5,645 · management and general $5,645

  • 24a · Other expenses: INVESTMENT EXPENSES

    total $48,842 · management and general $48,842

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,542,003 · end of year $548,492

  • 2 · Savings and temporary cash investments

    beginning of year $2,168,675 · end of year $4,537,374

  • 4 · Accounts receivable

    beginning of year $291,631 · end of year $106,745

  • 9 · Prepaid expenses and deferred charges

    beginning of year $40,756 · end of year $53,991

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

    $29,916

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

    $7,463

  • 10c · Land, buildings and equipment, net

    beginning of year $5,740 · end of year $22,453

  • 11 · Investments: publicly traded securities

    beginning of year $23,147,774 · end of year $21,359,460

  • 17 · Accounts payable and accrued expenses

    beginning of year $62,321 · end of year $263,058

  • 27 · Net assets without donor restrictions

    beginning of year $27,134,258 · end of year $26,365,457

Mission and programs · 2023

Mission

THE MISSION OF OPEN PHILANTHROPY IS TO STUDY AND TO ENGAGE IN RESEARCH ANALYZING THE MOST PROMISING OPTIONS FOR ENSURING THAT PHILANTHROPY HAS A LASTING IMPACT ON IMPROVING THE LIVES OF AS MANY PEOPLE AS POSSIBLE.

Activities or mission (Part I)

TO STUDY AND ENGAGE IN RESEARCH TO IMPROVE THE EFFECTIVENESS AND IMPACT OF PHILANTHROPIC GIVING

  • THE ORGANIZATION ENGAGES IN STUDY AND RESEARCH TO DEVELOP DATA AND NEW INSIGHTS TO ASSIST PHILANTHROPIC ORGANIZATIONS AND THE GENERAL PUBLIC IMPROVE THE EFFECTIVENESS AND IMPACT OF THEIR OWN GIVING. THROUGH STUDY AND RESEARCH, THE ORGANIZATION IS GAINING LEARNING AND EXPERIENCE ABOUT THE CAUSES ACROSS PHILANTHROPIC CATEGORIES, INCLUDING DIRECT AID, RESEARCH AND DEVELOPMENT, AND POLICY ADVOCACY, SO THAT FUTURE GIVING WILL HAVE THE BROADEST AND MOST MEANINGFUL LONG-TERM IMPACT ON THE LIVES OF AS MANY PEOPLE AS POSSIBLE.

    Expenses $4,722,856

As filed on the 2023 return.

Listed in Part VII

  • DAVID ROODMAN

    SENIOR ADVISOR

    Total calculated
    $340,728
    From this org
    $261,037
    From related orgs
    $0
    Other
    $79,691
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,535
    Bonus
    $0
    Other
    $7,502
    Deferred
    $20,000
    Nontaxable benefits
    $59,691
    Filer's total
    $340,728

  • HEATHER YOUNGS

    SENIOR PROGRAM OFFICER

    Total calculated
    $324,886
    From this org
    $279,744
    From related orgs
    $0
    Other
    $45,142
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $276,406
    Bonus
    $0
    Other
    $3,338
    Deferred
    $20,000
    Nontaxable benefits
    $25,142
    Filer's total
    $324,886

  • BASTIAN STERN

    PROGRAM OFFICER

    Total calculated
    $253,685
    From this org
    $222,129
    From related orgs
    $0
    Other
    $31,556
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,949
    Bonus
    $0
    Other
    $78,180
    Deferred
    $20,000
    Nontaxable benefits
    $11,556
    Filer's total
    $253,685

  • JAMES SNOWDEN

    SENIOR PROGRAM OFFICER

    Total calculated
    $234,612
    From this org
    $203,016
    From related orgs
    $0
    Other
    $31,596
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,984
    Bonus
    $0
    Other
    $2,032
    Deferred
    $20,000
    Nontaxable benefits
    $11,596
    Filer's total
    $234,612

  • TOM DAVIDSON

    SENIOR RESEARCH FELLOW

    Total calculated
    $215,187
    From this org
    $184,133
    From related orgs
    $0
    Other
    $31,054
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,081
    Bonus
    $0
    Other
    $7,052
    Deferred
    $20,000
    Nontaxable benefits
    $11,054
    Filer's total
    $215,187

  • CARI TUNA

    PRESIDENT/DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • ALEXANDER BERGER

    CEO/DIRECTOR (CO-CEO THRU 7/23/23)

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • HOLDEN KARNOFSKY

    DIRECTOR (CO-CEO THRU 7/23/23)

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • DIVESH MAKAN

    SECRETARY/DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • DUSTIN MOSKOVITZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • TOM VAN LOBEN SELS

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 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

  • 1a · Tax indemnification and gross-up payments
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
THE ORGANIZATION ADOPTED AN EXPENSE REIMBURSEMENT POLICY THAT PERMITS EMPLOYEES TO EXPENSE CERTAIN BUSINESS AND PERSONAL GOODS AND SERVICES, PROVIDED THAT THE GOODS AND SERVICES WILL INCREASE WORK PRODUCTIVITY. PURSUANT TO AN ACCOUNTABLE PLAN, EMPLOYEES MUST SUBMIT ALL EXPENSES WITH A DESCRIPTION OF THE BUSINESS PURPOSE, AND THE ORGANIZATION REVIEWS AND APPROVES ALL EXPENSES FOR REASONABLENESS PRIOR TO APPROVING REIMBURSEMENT. ALL REIMBURSABLE EXPENSES THAT ARE NOT DEDUCTIBLE BUSINESS EXPENSES ARE TREATED AS WAGES TO THE EMPLOYEES. THREE HIGHEST-COMPENSATED EMPLOYEES LISTED IN SCHEDULE J PART II RECEIVED SUCH PAYMENTS DURING 2023.
PART I, LINE 7
THE ORGANIZATION ADOPTED AN EXPENSE REIMBURSEMENT POLICY THAT PERMITS EMPLOYEES TO EXPENSE CERTAIN BUSINESS AND PERSONAL GOODS AND SERVICES, PROVIDED THAT THE GOODS AND SERVICES WILL INCREASE WORK PRODUCTIVITY. PURSUANT TO AN ACCOUNTABLE PLAN, EMPLOYEES MUST SUBMIT ALL EXPENSES WITH A DESCRIPTION OF THE BUSINESS PURPOSE, AND THE ORGANIZATION REVIEWS AND APPROVES ALL EXPENSES FOR REASONABLENESS PRIOR TO APPROVING REIMBURSEMENT. ALL REIMBURSABLE EXPENSES THAT ARE NOT DEDUCTIBLE BUSINESS EXPENSES ARE TREATED AS WAGES TO THE EMPLOYEES.

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

No itemized grants to organizations 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
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202443209349316124

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