The Thiel Foundation
- Assets
- $31.7m
- Revenue
- $8.8m
- Investments
- $21.7m
- Employees
- 0
- Location
- West Hollywood, CA
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 20-3846597
Organization Overview
The Thiel Foundation is located in West Hollywood, CA. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Thiel 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 12/2021, Thiel Foundation generated $8.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $13.7m during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 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 2014, Thiel Foundation has awarded 657 individual grants totaling $60,709,720. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allyson Dias Program Mana | 40 | $165,000 | |
Trevor Merrill Program Mana | 40 | $90,000 | |
Peter Thiel Chairmain Of | 2 | $0 | |
Matthew Alexander Treasurer/se | 1 | $0 | |
Jason Camm Director | 1 | $0 | |
Brian Rowen President | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Breakout Management Llc | 12/30/21 | $587,967 |
Torch Communications Llc | 12/30/21 | $97,137 |
Wheeler Accountants Llp | 12/30/21 | $85,069 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| Dividends & Interest | $4,811 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,287,028 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,066,194 |
| Total Revenue | $8,783,988 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $289,389 |
| Pension plans, employee benefits | $26,272 |
| Interest | $0 |
| Taxes | $164,512 |
| Depreciation | $998 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $49,661 |
| Printing and publications | $0 |
| Other expenses | $288,307 |
| Total operating and administrative expenses | $1,563,310 |
| Contributions, gifts, grants paid | $12,150,000 |
| Total expenses and disbursements | $13,713,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,064,660 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $2,888 |
| Net Investments - land, buildings, equipment | $3,491 |
| Investments—mortgage loans | $0 |
| Investments—other | $21,472,374 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $7,023 |
| Total assets | $31,743,585 |
| Accounts payable and accrued expenses | $99,320 |
| Grants payable | $3,359,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $157,164 |
| Total liabilities | $3,615,984 |
Grants Awarded
Over the last fiscal year, The Thiel Foundation has awarded $12,150,000 in support to 84 organizations.
| Grant Recipient | Amount |
|---|---|
DONORS TRUST INC PURPOSE: DONOR ADVISED FUND | $4,250,000 |
Washington, DC PURPOSE: GRANTS | $3,000,000 |
Arlington, VA PURPOSE: GRANTS | $250,000 |
ALFONSO DE LOS RIOS VILLAREAL PURPOSE: FELLOWSHIP | $100,000 |
TAMARA CHAYO ROMO PURPOSE: FELLOWSHIP | $100,000 |
NATASSIA PONOMARENKO PURPOSE: FELLOWSHIP | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stupski Foundation San Francisco, CA | $0 | $134,835,311 |
Wayne & Gladys Valley Charitable Foundation Oakland, CA | $270,742,115 | $3,705,667 |
The Marisla Foundation Laguna Beach, CA | $26,534,095 | $36,043,209 |
Craig H Neilsen Foundation Encino, CA | $489,570,251 | $30,946,732 |
Prostate Cancer Foundation Santa Monica, CA | $62,542,873 | $53,016,750 |
L K Whittier Foundation Pasadena, CA | $0 | $1,423,590 |
Sunlight Giving Palo Alto, CA | $510,624,261 | $22,845,227 |
Ralph M Parsons Foundation Los Angeles, CA | $469,540,445 | $59,827,202 |
Aramont Charitable Foundation Los Angeles, CA | $20,309,665 | $851,850 |
Capital Group Companies Charitable Foundation Irvine, CA | $396,511,503 | $49,953,906 |
Vera R Campbell Foundation Los Angeles, CA | $7,174,886 | $467,590 |
Resnick Foundation Los Angeles, CA | $16,158,618 | $25,090,034 |