The Tripadvisor-Expedia Foundation
- Assets
- $20.4m
- Revenue
- -$13.3m
- Investments
- $10.6m
- Employees
- 0
- Location
- Needham Heights, MA
- Founding
- 02/2010
- Data as of
- 12/2021
- EIN
- 27-1457299
Organization Overview
The Tripadvisor-Expedia Foundation is located in Needham Heights, MA. The organization was established in 2010. 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. Tripadvisor-Expedia Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Tripadvisor-Expedia Foundation has awarded 29 individual grants totaling $6,679,368. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Kauffer Directorpresident | 1 | $0 | |
Seth Kalvert Director SVP | 1 | $0 | |
Beth Gross Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,777 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,350,328 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$13,348,551 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $42,375 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $19 |
| Total operating and administrative expenses | $669,568 |
| Contributions, gifts, grants paid | $4,411,329 |
| Total expenses and disbursements | $5,080,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,782,202 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $20,362,765 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $31,400 |
| Total liabilities | $31,400 |
Grants Awarded
Over the last fiscal year, The Tripadvisor-Expedia Foundation has awarded $4,411,330 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
WORLD CENTRAL KITCHEN PURPOSE: NOURISH COMMUNITIES DURING TIMES OF CRISIS | $1,000,000 |
Los Altos, CA PURPOSE: PROVIDE FAST AND EFFECTIVE SUPPORT TO DISASTERS | $750,000 |
New York, NY PURPOSE: THIS ORGANIZATION RESPONDS TO WORLDS CRISIS | $700,000 |
COMMUNITY SPONSORSHIP HUB PURPOSE: GROWING ROLE OF COMMUNITIES FOR DISPLACED PEOPLE | $500,000 |
MILES FOR MIGRANTS PURPOSE: COLLEGE DONATED FREQUENT FLYER MILES AND MONEY | $400,000 |
AMERICAN ONLINE GIVING FOUNDATION PURPOSE: CONNECT CHARITIES WITH LARGE CORPORATIONS | $368,915 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |