Skoll Foundation
- Assets
- $1.2b
- Revenue
- $379.7m
- Investments
- $839.8m
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 10/2003
- Data as of
- 12/2020
- EIN
- 11-3659133
Organization Overview
Skoll Foundation is located in Palo Alto, CA. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Skoll Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Skoll Foundation generated $379.7m in total revenue. All expenses for the organization totaled $143.8m during the year ending 12/2020. While expenses have increased by 90.2% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Skoll Foundation has awarded 845 individual grants totaling $397,572,815. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PERFORMS ALL STRATEGIC AND PROGRAMMATIC ACTIVITIES FOR THE SKOLL FUND, A SUPPORTING ORGANIZATION ASSOCIATED WITH THE SILICON VALLEY COMMUNITY FOUNDATION, INCLUDING GRANTEE SELECTION, GRANT NEGOTIATION AND MANAGEMENT, GRANTEE IMPACT EVALUATION AND ALL OTHER ASPECTS OF GENERATING IMPACT FROM GRANTS DISBURSED BY THE SKOLL FUND.
ACTIVITIES RELATED TO THE PRODUCTION OF THE ANNUAL SKOLL WORLD FORUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Gips Director And CEO | 40 | $756,490 | |
Marla Blow President And COO | 40 | $500,278 | |
Bruce Lowry Secretary | 40 | $292,926 | |
Annalisa Adams-Qualtiere Chief Talent & Cultu | 40 | $291,869 | |
Jude O'reilley VP Of Portfolio & In | 40 | $288,739 | |
Shivani Garg-Patel Chief Strategy Offic | 40 | $265,974 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capricorn Libra Investment Group Lp | 12/30/21 | $1,822,444 |
Caspian Agency | 12/30/21 | $611,020 |
Capricorn Healthcare & Special Opportunities I | 12/30/21 | $550,273 |
Dalberg Consulting Us Llc | 12/30/21 | $425,000 |
Sustainable Investors Fund (Cayman) Lp | 12/30/21 | $350,519 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $341,787,042 |
| Interest on Savings | $6,984 |
| Dividends & Interest | $6,133,299 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,781,885 |
| Capital Gain Net Income | $381,006,032 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$56,675 |
| Total Revenue | $379,652,535 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,604,131 |
| Other employee salaries and wages | $6,853,342 |
| Pension plans, employee benefits | $2,415,725 |
| Interest | $0 |
| Taxes | $4,656,000 |
| Depreciation | $220,892 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $358,394 |
| Printing and publications | $317 |
| Other expenses | $3,063,226 |
| Total operating and administrative expenses | $25,090,426 |
| Contributions, gifts, grants paid | $118,751,365 |
| Total expenses and disbursements | $143,841,791 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$3 |
| Savings and temporary cash investments | $316,276,934 |
| Net Accounts receivable | $100,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $123,522 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $808,963,352 |
| Net Land, buildings, and equipment | $1,975,405 |
| Other assets | $8,337,704 |
| Total assets | $1,166,571,958 |
| Accounts payable and accrued expenses | $8,631,804 |
| Grants payable | $19,615,939 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $28,247,743 |
Grants Awarded
Over the last fiscal year, Skoll Foundation has awarded $137,648,325 in support to 355 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL OPERATING SUPPORT | $6,000,000 |
Washington, DC PURPOSE: CO-IMPACT: ROUND 2 SYSTEMS CHANGE GRANTS | $5,000,000 |
Washington, DC PURPOSE: GENERAL OPERATING SUPPORT | $4,000,000 |
San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $3,550,000 |
Chicago, IL PURPOSE: GENERAL OPERATING SUPPORT | $3,500,000 |
Cary, NC PURPOSE: SKOLL CENTRE FOR SOCIAL ENTREPRENEURSHIP | $3,466,350 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Skoll Foundation has recieved totaling $456,129.
| Awarding Organization | Amount |
|---|---|
The Mastercard Foundation PURPOSE: youth learning | | $306,129 |
Aarp Washington, DC PURPOSE: Sponsorship of the 2019 Skoll World Forum on Social Entrepreneurship | $75,000 |
Aarp Washington, DC PURPOSE: Sponsorship of the 2019 Skoll World Forum on Social Entrepreneurship | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crankstart Foundation San Francisco, CA | $5,105,990,197 | $480,695,638 |
Conrad N Hilton Foundation Westlake Village, CA | $7,732,630,405 | $2,481,413,875 |
Good Ventures Foundation Palo Alto, CA | $4,383,621,636 | $449,683,738 |
The California Endowment Los Angeles, CA | $0 | $280,955,609 |
Sergey Brin Family Foundation San Francisco, CA | $4,934,252,269 | $912,518,052 |
James Irvine Foundation San Francisco, CA | $4,085,262,775 | $499,578,433 |
Columbia Lutheran Charities Astoria, OR | $246,096,987 | $180,771,261 |
Skoll Foundation Palo Alto, CA | $1,166,571,958 | $379,652,535 |
Broad Foundation Los Angeles, CA | $2,410,166,174 | $240,915,854 |
Valhalla Charitable Foundation Woodside, CA | $798,059,895 | $465,139,878 |
Hobson Lucas Family Foundation San Rafael, CA | $1,224,427,404 | $46,978,147 |
Tosa Foundation Portola Valley, CA | $620,174,698 | $135,076,785 |