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← ORLI FOUNDATION

Form 990 for tax year 2023

Filed by ORLI FOUNDATION.

Totals

Total revenue
$1,005,500
Total expenses
$17,224
Contributions and grants received
$1,005,500
Grants paid
$1,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,001,801
Total liabilities, end of year
$21,051
Net assets or fund balances, end of year
$980,750
Program services expenses (Part IX)
$5,689
Management and general expenses
$11,242
Fundraising expenses
$293
Program service expenses (Part III)
$5,689

Program services were 33.0% 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.

  • 1f · All other contributions, gifts and grants

    $1,005,500

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,000 · program services $1,000

  • 11b · Fees: legal

    total $10,348 · management and general $10,348

  • 13 · Office expenses

    total $15 · management and general $15

  • 14 · Information technology

    total $522 · program services $418 · management and general $78 · fundraising $26

  • 17 · Travel

    total $5,339 · program services $4,271 · management and general $801 · fundraising $267

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,108 · end of year $1,001,801

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $20,051

  • 22 · Loans and payables to officers and key people

    beginning of year $10,634 · end of year $1,000

  • 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 -$7,526 · end of year $980,750

Mission and programs · 2023

Mission

TO SHINE LIGHT ON OUR BIGGEST SOCIETAL PROBLEMS AND THE ENTREPRENEURIAL TALENT ARRIVING TO SOLVE THEM.

  • ORLI'S MISSION IS TO LIGHT THE PATH FORWARD FOR THE WORLD'S MOST AUDACIOUS SOCIAL ENTREPRENEURS. WE DO THIS BY PROVIDING UNRESTRICTED FUNDING AND ACCESS TO BEST-IN-CLASS RESOURCES FOR ORLI COLLABORATORS, WHO ARE SELECTED FOR THEIR DEMONSTRATED IMPACT AND COMMITMENT TO CAUSES THAT AIM TO SOLVE THE WORLD'S GREATEST ISSUES. SOCIAL ENTREPRENEURS WHO ARE BACKED BY ORLI ALSO GAIN ACCESS TO THE LARGER ORLI COMMUNITY, INCLUDING A ROBUST PEER NETWORK AND IN-KIND EXPERTISE IN CRITICAL FIELDS.

    Expenses $5,689 · Grants $1,000

As filed on the 2023 return.

Listed in Part VII

  • Douglas Ulman

    PRESIDENT

    Total calculated
    $0
    Hours/week
    20
  • Heather Brilliant

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Kumi Walker

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Nick Denby

    CFO

    Total calculated
    $0
    Hours/week
    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
8 August 2024
IRS schema version
2023v5.1
Source object
202432269349302163

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