Someland Foundation
- Assets
- $328.8m
- Revenue
- $37.0m
- Investments
- $310.9m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 45-3438376
Organization Overview
Someland Foundation is located in San Francisco, CA. The organization was established in 2012. 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. Someland 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, Someland Foundation generated $37.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $11.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Someland Foundation has awarded 111 individual grants totaling $68,540,995. 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 |
|---|---|---|---|
Sara Williams President, Director | 0 | $0 | |
Evan Williams Vp, Treasurer, Secretary | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bpm Llp | 12/30/19 | $61,662 |
Adler & Colvin | 12/30/19 | $68,824 |
Addis Group Inc | 12/30/19 | $65,280 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,811,696 |
| Interest on Savings | $1,531,051 |
| Dividends & Interest | $2,523,683 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,163,202 |
| Capital Gain Net Income | $24,958,563 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,978,748 |
| Total Revenue | $37,008,380 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $410,222 |
| Pension plans, employee benefits | $11,400 |
| Interest | $88,590 |
| Taxes | $705,923 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,270 |
| Printing and publications | $0 |
| Other expenses | $595,809 |
| Total operating and administrative expenses | $3,496,787 |
| Contributions, gifts, grants paid | $8,248,393 |
| Total expenses and disbursements | $11,745,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,747,589 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $50,000 |
| 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 | $155,307 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $310,857,927 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $328,810,823 |
| Accounts payable and accrued expenses | $448,875 |
| Grants payable | $16,571,252 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $213,798 |
| Total liabilities | $17,233,925 |
Grants Awarded
Over the last fiscal year, Someland Foundation has awarded $8,248,393 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
DATA & SOCIETY PURPOSE: GENERAL SUPPORT | $1,500,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $1,000,000 |
DIA ART FOUNDATION PURPOSE: GENERAL SUPPORT | $750,000 |
BRENNAN CENTER FOR JUSTICE PURPOSE: GENERAL SUPPORT | $500,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $500,000 |
509 CULTURAL CENTER PURPOSE: GENERAL SUPPORT | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |
Oprah Winfrey Charitable Foundation Los Angeles, CA | $244,908,730 | $15,499,605 |
Reed Family Giving Palo Alto, CA | $0 | $1,785,630 |
Perenchio Foundation Pasadena, CA | $23,143,013 | $16,139,490 |
Elbridge Stuart Foundation San Francisco, CA | $0 | $50,927,983 |
Chamberlin Family Foundation Richmond, CA | $3,805,906 | $611,005 |
May And Stanley Smith Charitable Trust Corte Madera, CA | $490,127,774 | $29,599,485 |
Diane And Bruce Halle Foundation Scottsdale, AZ | $130,264 | $31,307,586 |
Cyrus Tang Foundation Las Vegas, NV | $882,448,132 | $23,435,848 |
Scully Memorial Foundation San Rafael, CA | $838,174,417 | $32,779,151 |
Kate B Reynolds Charitable Trust Las Vegas, NV | $458,547,474 | $24,205,244 |
Windsong Tr Manhattan Beach, CA | $426,534,426 | $49,190,132 |