Sheryl Sandberg & Dave Goldberg Family Foundation
- Assets
- $7.2m
- Revenue
- $10.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 07/2013
- Data as of
- 12/2021
- EIN
- 46-1194887
Organization Overview
Sheryl Sandberg & Dave Goldberg Family Foundation is located in Palo Alto, CA. The organization was established in 2013. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sheryl Sandberg & Dave Goldberg Family 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, Sheryl Sandberg & Dave Goldberg Family Foundation generated $10.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $14.1m during the year ending 12/2021. While expenses have increased by 26.7% per year over the past 6 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 2018, Sheryl Sandberg & Dave Goldberg Family Foundation has awarded 302 individual grants totaling $4,665,641. 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
THE FOUNDATION WORKS TO BUILD A MORE EQUAL AND RESILIENT WORLD AND ITS ACTIVITIES ARE PRIMARILY FUNDED BY CONTRIBUTIONS PROVIDED BY THE FOUNDERS VIA THEIR DONOR ADVISED FUND AND ROYALTY INCOME DERIVED FROM COPYRIGHTS. THE COPYRIGHTS ENTITLE THE FOUNDATION TO ROYALTY REVENUES RELATED TO SALES OF TWO BOOKS AUTHORED BY ONE OF THE FOUNDERS. THE FOUNDATION BRINGS PEOPLE TOGETHER TO SUPPORT EACH OTHER THROUGH TWO KEY INITIATIVES: LEANIN.ORG AND OPTIONB.ORG. LEANIN.ORG EMPOWERS WOMEN TO ACHIEVE THEIR AMBITIONS. IT RUNS PROGRAMS THAT COUNTER GENDER STEREOTYPES AND ADVANCE OPPORTUNITIES FOR ALL WOMEN. LEANIN.ORG SUPPORTS WOMEN IN THREE WAYS: 1)BUILDING COMMUNITY BY COLLECTING AND EXCHANGING IDEAS, INFORMATION, AND STORIES; 2)OFFERING EDUCATIONAL MATERIALS, LECTURES, AND PARTNERING WITH EXPERTS IN THE FIELD OF GENDER STUDIES; 3)FACILITATING THE DEVELOPMENT OF LEAN IN CIRCLES, SMALL GROUPS THAT MEET MONTHLY TO ENCOURAGE AND SUPPORT EACH OTHER IN AN ATMOSPHERE OF CONFIDENTIALITY AND TRUST.
OPTIONB.ORG HELPS PEOPLE BUILD RESILIENCE AND FIND MEANING IN THE FACE OF ADVERSITY. IT RUNS PROGRAMS THAT PROVIDE RESOURCES TO PEOPLE FACING ADVERSITY SUCH AS GRIEF AND LOSS, HEALTH, ILLNESS AND INJURY, ABUSE AND SEXUAL ASSAULT, AND DIVORCE AND FAMILY CHALLENGES. OPTIONB.ORG SUPPORTS MEN AND WOMEN IN THREE WAYS: 1) BUILDING COMMUNITY BY COLLECTING AND EXCHANGING IDEAS, INFORMATION, AND STORIES; 2) OFFERING EDUCATIONAL MATERIALS, LECTURES, AND PARTNERING WITH EXPERTS IN THE FIELD OF ADVERSITY STUDIES; 3) FACILITATING THE DEVELOPMENT OF OPTION B SUPPORT GROUPS: ONLINE GROUPS THAT PROVIDE ENCOURAGEMENT AND SUPPORT IN AN ATMOSPHERE OF CONFIDENTIALITY AND TRUST.
THE FOUNDATION HAS IMPLEMENTED A SCHOLARSHIP PROGRAM TO EMPOWER A NEW GENERATION OF DIVERSE LEADERS BY PROVIDING EXCEPTIONAL KIPP GRADUATES WITH FINANCIAL SUPPORT AND MENTORSHIP THROUGHOUT COLLEGE. SCHOLARS ARE EVALUATED ON 5 METRICS - LEADERSHIP, RESILIENCE, CHARACTER, INDEPENDENT THINKING AND ENTREPRENEURIAL SPIRIT, AND ACHIEVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Thomas Director, CEO | 40 | $525,041 | |
Archana Gilravi Vp, Partnerships | 40 | $310,960 | |
Abigail Shah Vp, Foundation Progr | 40 | $302,460 | |
Emma Roberts Director, Lean In Pr | 40 | $195,283 | |
Arri Shelton-Edwards Head Of Lean In Girl | 40 | $184,055 | |
Yin Lu Head Of Option B | 40 | $180,227 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arnold & Porter Llp | 12/30/21 | $277,763 |
Frank Rimerman & Co Llp | 12/30/21 | $234,625 |
First And Third Inc | 12/30/21 | $531,664 |
Aberdeen Consulting | 12/30/21 | $122,972 |
Tsd Communications | 12/30/21 | $121,083 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,023,742 |
| Interest on Savings | $722 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $834 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$9,561 |
| Other Income | $57,505 |
| Total Revenue | $10,073,242 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $553,891 |
| Other employee salaries and wages | $6,420,710 |
| Pension plans, employee benefits | $753,020 |
| Interest | $0 |
| Taxes | $468,563 |
| Depreciation | $15,764 |
| Occupancy | $374,006 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,853,769 |
| Total operating and administrative expenses | $11,891,522 |
| Contributions, gifts, grants paid | $2,210,051 |
| Total expenses and disbursements | $14,101,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $4,113,294 |
| Net Accounts receivable | $33,728 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $78,282 |
| Inventories for sale or use | $125,419 |
| Prepaid expenses and deferred charges | $356,684 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $184,472 |
| Other assets | $2,345,598 |
| Total assets | $7,237,479 |
| Accounts payable and accrued expenses | $91,301 |
| 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 | $254,032 |
| Total liabilities | $345,333 |
Grants Awarded
Over the last fiscal year, Sheryl Sandberg & Dave Goldberg Family Foundation has awarded $2,198,324 in support to 121 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO MESA UNIVERSITY SCHOLARSHI PURPOSE: AMPLIFY SCHOLARSHIP PROGRAM | $29,750 |
TEMPLE UNIVERSITY SCHOLARSHIP RECIP PURPOSE: AMPLIFY SCHOLARSHIP PROGRAM | $27,750 |
UNIVERSITY OF SAN DIEGO SCHOLARSHIP PURPOSE: GOLDBERG SCHOLARSHIP PROGRAM | $26,250 |
Abilene, TX PURPOSE: AMPLIFY SCHOLARSHIP PROGRAM | $26,250 |
DUKE UNIVERSITY SCHOLARSHIP RECIPIE PURPOSE: GOLDBERG SCHOLARSHIP PROGRAM | $23,705 |
UCLA SCHOLARSHIP RECIPIENT PURPOSE: GOLDBERG SCHOLARSHIP PROGRAM | $22,686 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sheryl Sandberg & Dave Goldberg Family Foundation has recieved totaling $20,000,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $20,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sheryl Sandberg & Dave Goldberg Family Foundation Palo Alto, CA | $7,237,479 | $10,073,242 |
Bi-Bett Walnut Creek, CA | $8,734,847 | $8,886,262 |
California Foundation For Independent Living Centers Sacramento, CA | $3,702,594 | $8,030,349 |
Community Access Network Non Profit Corporation Corona, CA | $7,199,298 | $6,228,219 |
Elder Care Alliance Alameda, CA | $36,709,405 | $4,507,097 |
Los Angeles Police Foundation Los Angeles, CA | $14,536,566 | $5,939,965 |
Our Little Helpers Inc Los Angeles, CA | $244,623 | $3,613,015 |
Arsolas Distribution Center And Community Services Oakland, CA | $0 | $4,046,289 |
Clatsop Community Action Astoria, OR | $4,439,328 | $4,346,082 |
Varsity Team Inc San Diego, CA | $1,446,243 | $4,030,641 |
Gay And Lesbian Community Center Of Southern Nevada Inc Las Vegas, NV | $5,552,973 | $4,438,307 |
The Mcgrath Family Foundaiton San Diego, CA | $52,533,946 | $3,369,326 |