Form 990 for tax year 2023

Totals

Total revenue

$18,779,918

Total expenses

$20,160,993

Contributions and grants received

$18,779,903

Grants paid

$13,644,252

Program service revenue

$0

Investment income

$15

Other revenue

$0

Total assets, end of year

$2,336,575

Total liabilities, end of year

$1,950,250

Net assets or fund balances, end of year

$386,325

Program services expenses (Part IX)

$14,596,312

Management and general expenses

$335,765

Fundraising expenses

$5,228,916

Program service expenses (Part III)

$14,596,312

Program services were 72.4% 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.

Mission and programs · 2023

• THE GIVINGA FOUNDATION FULFILLS OUR MISSION TO MAKE PHILANTHROPY ACCESSIBLE TO EVERYONE IN FIVE PRINCIPAL WAYS: 1. WE ARE AN INDEPENDENT 501(3) PUBLIC CHARITY WE RECEIVE A SUBSTANTIAL PERCENTAGE OF OUR DONATIONS FROM THE PUBLIC AND THAT SUPPORT COMES FROM A BROAD AND DIVERSE NUMBER OF INDIVIDUALS, FAMILIES AND COMPANIES. WE ARE NOT AN "AFFILIATED NON-PROFIT ENTITY" OF A LARGER FINANCIAL INSTITUTION. WE DON'T SUPPORT A SPECIFIC COMMUNITY, GEOGRAPHY OR RELIGIOUS ORGANIZATION. INSTEAD, THE GIVINGA FOUNDATION IS A SPONSORING ORGANIZATION BUILT AND DESIGNED TO SUPPORT THE CHARITABLE GIVING ACTIVITIES OF ALL ITS INDIVIDUAL ACCOUNT HOLDERS EQUALLY. 2. WE BELIEVE DONOR ADVISED FUNDS SHOULD BE ACCESSIBLE TO ALL AND WE HAVE BUILT A PLATFORM THAT REMOVES HIGH MINIMUMS REQUIRED TO OPEN AN ACCOUNT, HIGH MINIMUM GRANT REQUIREMENTS AND ASSET UNDER MANAGEMENT FEES THAT PROMOTE ACCUMULATION VERSUS GIVING ACTIVITIES TO GIVE SMALL AND MID-SIZED PHILANTHROPISTS A PLATFORM TO ORGANIZE THEIR GIVING STRATEGIES. WE BELIEVE THAT THE DAF IS ONE OF THE MOST EFFICIENT AND EFFECTIVE GIVING VEHICLES IN THE MARKET TODAY AND HAVE CREATED A PLATFORM THAT IS ACCESSIBLE TO DONORS OF ANY SIZE. WHAT THIS MEANS IS THAT ANYONE CAN CREATE AN ACCOUNT WITH THE GIVINGA FOUNDATION AND HAVE ACCESS TO ALL OF THE TOOLS NECESSARY TO MAXIMIZE THEIR IMPACT 3. WE FACILITATE AMPLIFIED GIVING. TECHNOLOGY HAS IMPROVED MANY ASPECTS OF OUR DAILY LIVES AND WE BELIEVE THAT IT CAN DO THE SAME FOR GIVING. OUR PARTNERSHIP WITH GIVINGA, INC. ALLOWS THE FOUNDATION TO PROVIDE OUR ACCOUNT HOLDERS WITH UNPRECEDENTED ACCESS TO POOLS OF GIVING CAPITAL AS WELL AS THE ABILITY TO CONNECT WITH OTHER PHILANTHROPISTS THAT SHARE THEIR PASSION. OUR CAMPAIGN PLATFORM ALLOWS ANYONE WITH AN ACCOUNT TO CREATE A CAUSE-SPECIFIC CAMPAIGNS AND SHARE WITH THEIR FRIENDS, FAMILYAND SOCIAL NETWORKS. ACCOUNT HOLDERS CREATE AND GIVING, INC. PROVIDES REPORTING, AND=MINISTRATION AND TAX RECEIPTING. IN ADDITION, OUR ACCOUNT HOLDERS HAVE ACCESS TO MULTIPLE POOLS OF ADDITIONAL CAPITAL (WE CALL THESE POOLS AMPLIFIERS) TO INCREASE THE TOTAL IMPACT OF THE GRANT.4. WE FOLLOW AN "ASSETS IN MOTION" PHILOSOPHY THE GIVINGA FOUNDATION HAS CREATED A REVOLUTIONARY SPONSORING ORGANIZATION THAT ALIGNS ALL PARTIES AROUND GRANTING VERSUS ACCUMULATING ASSETS. DONOR ADVISED FUNDS PROVIDE UNPRECEDENTED FLEXIBILITY TO ACCOUNT HOLDERS AND ARE NOT SUBJECT TO EXCISE TAXES, PAYOUT RULES OR DISCLOSURE REQUIREMENTS. THE GF PLATFORM HAS BEEN DEVELOPED TO MAXIMIZE ACCOUNT HOLDER IMPACT AND IS STRUCTURED AND PRICED AROUND ACTIVE GRANT MAKING. IN PARTNERSHIP WITH OUR ADMINISTRATIVE PROVIDER GIVINGA, INC. WE HAVE CREATED THE FIRST ZERO FEE STRUCTURE IN THE UNITED STATES. WE CHARGE NO START-UP FEE, NO FEES BASED ON ASSETS UNDER MANAGEMENT AND NO FEES ON ACCOUNT HOLDER ASSETS GRANTED DIRECTLY TO CHARITY. IN ADDITION, WE ADHERE TO A "BREAKEVEN" MODEL OF ADMINISTRATION, DIRECTING ALL ANNUAL EXCESS REVENUES BACK IN DIRECT SUPPORT OF OUR ACCOUNT HOLDERS.

  Expenses $14,596,312 · Grants $13,644,252

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

• COOPERATIVE FOR ASSISTANCE AND RELIEF EVERYWHERE INC

  $918,128

  PROGRAM SUPPORT

• HOPE FOR THE DAY

  $725,025

  PROGRAM SUPPORT

• GAMES FOR LOVE

  $532,767

  PROGRAM SUPPORT

• THE BLACKBAUD GIVING FUND

  $431,671

  PROGRAM SUPPORT

• TRANS EMPOWERMENT PROJECT

  $292,334

  PROGRAM SUPPORT

• INTERNATIONAL CENTER FOR CLUBHOUSE DEVELOPMENT INC

  $235,000

  PROGRAM SUPPORT

• COVENANT HOUSE

  $222,492

  PROGRAM SUPPORT

• BOYS & GIRLS CLUBS OF AMERICA

  $196,043

  PROGRAM SUPPORT

• VISITORG PHILANTHROPIC FOUNDATION

  $152,788

  PROGRAM SUPPORT

• HILARITY FOR CHARITY

  $150,000

  PROGRAM SUPPORT

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

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.

Provenance

Return type

form_990

Tax year

2023

Filed

8 November 2024

IRS schema version

2023v5.1

Source object

202403139349303260

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

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