The Tripadvisor-Expedia Foundation
- Assets
- $13.9m
- Revenue
- $488.3k
- Investments
- $8.4m
- Employees
- 0
- Location
- Needham, MA
- Founding
- 02/2010
- Data as of
- 12/2023
- EIN
- 27-1457299
Organization Overview
The Tripadvisor-Expedia Foundation is located in Needham, 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.
For the year ending 12/2023, Tripadvisor-Expedia Foundation generated $488.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.3%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Tripadvisor-Expedia Foundation has awarded 50 individual grants totaling $11,154,651. 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
2023
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 Director/president | 1 | $0 | |
Seth Kalvert Director SVP | 1 | $0 | |
Beth Grous Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $182,486 |
| Interest on Savings | $305,787 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $488,273 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $272,939 |
| Pension plans, employee benefits | $2,781 |
| Interest | $0 |
| Taxes | $20,983 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,433 |
| Total operating and administrative expenses | $299,136 |
| Contributions, gifts, grants paid | $2,408,548 |
| Total expenses and disbursements | $2,707,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,527,097 |
| 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 | $13,919,313 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Tripadvisor-Expedia Foundation has awarded $2,408,548 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ONLINE GIVING FOUNDATION PURPOSE: MISSION IS TO CONNECT CHARITIES WITH THE WORLDS LARGEST COMPANIES AND EMPLOYEES, USING TECHNOLOGY TO TRANSFORM THE WAY THEY RECEIVE FUNDS AND FREEING UP THEIR TIME AND RESOURCES TO FOCUS ON DELIVERING COMMUNITY IMPACT. | $528,964 |
AUSTRALIAN ONLINE GIVING FOUNDATION PURPOSE: THE AUSTRALIAN ONLINE GIVING FOUNDATION (AOGF) IS A CHARITY WORKING TO IMPROVE PHILANTHROPY IN AUSTRALIA, BY MAXIMISING DONOR CONTRIBUTIONS TO ELIGIBLE CHARITIES, THROUGH A DONOR ADVISED FUND. | $6,306 |
CANADIAN ONLINE GIVING FOUNDATION PURPOSE: ITS MISSION IS TO REALIZE SIGNIFICANT FUNDRAISING ACROSS A BROAD DEMOGRAPHIC OF DONOR USERS AND EFFECT THE DISTRIBUTION OF CONTRIBUTIONS TO ELIGIBLE CHARITIES AS A DONOR ADVISED FUND. | $5,406 |
CHARITABLE GIVING PURPOSE: THE CHARITY'S OBJECTIVES ARE THE PROMOTION OF THE EFFECTIVENESS AND EFFICIENCY OF CHARITIES BY PROMOTING AND ADVISING UPON TAX EFFICIENT GIVING, ADVISING UPON FUND RAISING STRATEGY AND PROVIDING FUNDRAISING SUPPORT AND ADMINISTRATIVE SERVICES. | $45,578 |
KIVA MICROFUNDS PURPOSE: KIVA IS AN INTERNATIONAL NONPROFIT, FOUNDED IN 2005 IN SAN FRANCISCO, WITH A MISSION TO EXPAND FINANCIAL ACCESS TO HELP UNDERSERVED COMMUNITIES THRIVE. | $150,000 |
THE UK ONLINE GIVING FOUNDATION PURPOSE: THE UK ONLINE GIVING FOUNDATION IS A CHARITABLE INCORPORATED ORGANISATION (CIO) REGISTERED IN ENGLAND AND WALES (REG. NO. 1164887) WORKING TO IMPROVE PHILANTHROPY IN THE UNITED KINGDOM. | $415,294 |