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Nonprofiteer
← SEPTUAGENARIAN FUND

Form 990 for tax year 2024

Filed by SEPTUAGENARIAN FUND.

Totals

Total revenue
$11,715,410
Total expenses
$44,278,534
Contributions and grants received
$0
Grants paid
$43,850,000
Program service revenue
$0
Investment income
$11,715,410
Other revenue
$0
Total assets, end of year
$359,906,371
Total liabilities, end of year
$15,525
Net assets or fund balances, end of year
$359,890,846
Program services expenses (Part IX)
$43,850,000
Management and general expenses
$428,534
Fundraising expenses
$0
Program service expenses (Part III)
$43,850,000

Program services were 99.0% 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.

  • 3 · Investment income

    total $11,715,410 · excluded $11,715,410

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $43,850,000 · program services $43,850,000

  • 11b · Fees: legal

    total $193,017 · management and general $193,017

  • 11c · Fees: accounting

    total $6,408 · management and general $6,408

  • 11g · Fees: other

    total $205,920 · management and general $205,920

  • 13 · Office expenses

    total $50 · management and general $50

  • 24a · Other expenses: RENT, PARKING & UTILITI

    total $18,000 · management and general $18,000

  • 24b · Other expenses: OPERATIONS

    total $5,139 · management and general $5,139

Balance sheet

Part X, book values.

  • 12 · Investments: other securities

    beginning of year $392,473,603 · end of year $359,906,371

  • 17 · Accounts payable and accrued expenses

    beginning of year $19,633 · end of year $15,525

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $392,453,970 · end of year $359,890,846

Mission and programs · 2024

Mission

TO PROVIDE HELP TO ORGANIZATIONS ON THE FRONTLINES OF PROTECTING AMERICA'S SECURITY AND DEMOCRACY. INCLUDING VETERANS AND MILITARY FAMILIES, TRUSTWORTHY JOURNALISM AND CIVIC ENGAGEMENT CAMPAIGNS, CYBER SECURITY EDUCATION PROGRAMS, HUNGER RELIEF, AND PIGEON RESCUE.

Activities or mission (Part I)

TO PROVIDE HELP TO ORGANIZATIONS ON THE FRONTLINES OF PROTECTING AMERICA'S SECURITY.

  • EMPOWERING MILITARY FAMILIES TO THRIVE BY CONNECTING THEM WITH THEIR CIVILIAN NEIGHBORS TO CREATE STRONG COMMUNITIES OF SUPPORT.

    Expenses $22,100,000 · Grants $22,100,000

  • IMPROVING AND PROTECTING THE INTERNET.

    Expenses $11,550,000 · Grants $11,550,000

  • IMPROVING AND PROTECTING TRUSTWORTHY JOURNALISM.

    Expenses $10,200,000 · Grants $10,200,000

As filed on the 2024 return.

Listed in Part VII

  • Craig Newmark

    PRESIDENT

    Total calculated
    $0
    Hours/week
    40

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.

Provenance

Return type
form_990
Tax year
2024
Filed
7 November 2025
IRS schema version
2024v5.2
Source object
202513219349308061

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

The source document this was parsed from is served over the API, which is where bulk and document access live.