Laura Arrillaga-Andreessen Foundation
- Assets
- $1.9m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 09/2014
- Data as of
- 06/2021
- EIN
- 46-3571398
Organization Overview
Laura Arrillaga-Andreessen Foundation is located in Los Altos, CA. The organization was established in 2014. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Laura Arrillaga-Andreessen 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 06/2021, Laura Arrillaga-Andreessen Foundation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 45.5% each year . All expenses for the organization totaled $542.0k during the year ending 06/2021. While expenses have increased by 9.0% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIVING CIRCLES FUND - RECOGNIZING THAT AFFORDABILITY, KNOWLEDGE AND IMPACT CAN BE A BARRIER TO ENTRY FOR MANY PEOPLE WHO WANT TO GIVE BACK, GCF PROVIDES RESOURCES AND AN INNOVATIVE ONLINE PLATFORM THAT EMPOWERS PHILANTHROPISTS AT ANY LEVEL TO GIVE COLLABORATIVELY AND AMPLIFY THE IMPACT OF THEIR GIVING. STAFF TIME IS USED DEVELOPING EDUCATIONAL CONTENT THAT ALLOWS CIRCLE MEMBERS TO REFINE AND GROW THEIR PHILANTHROPIC STRATEGY AND ENGAGING CIRCLE LEADERS TO HELP THEM NAVIGATE THE ONLINE PLATFORM AND GROW THEIR CIRCLES.
BUILDING THE ACADEMIC FIELD - IN 2017, THE FOUNDATION MASSIVELY EXPANDED ITS CASE LIBRARY OFFERINGS - INCLUDING ACCOMPANYING TEACHING NOTES AND ACTIVITY GUIDES. ADDITIONALLY, TIME IS SPENT CO-HOSTING MAJOR CONFERENCES AND EVENTS, AS WELL AS ENGAGING WITH INDIVIDUALS TO FURTHER THE ACADEMIC FIELD AND DRAW ATTENTION TO THE IMPORTANCE OF PHILANTHROPY AS AN AREA OF ACADEMIC STUDY.
MOOC - THE FOUNDATION IS DEVELOPING AND IMPROVING MULTIPLE MASSIVE OPEN ONLINE COURSES ("MOOCS"). THE MOOCS EMPOWER GIVERS ANYWHERE IN THE WORLD WITH KNOWLEDGE AND SKILLS TO MAKE THE MOST OF WHATEVER THEY HAVE TO GIVE-MONEY, TIME, EXPERTISE, NETWORKS AND PASSION. STUDENTS ARE GIVEN THE OPPORTUNITY TO LEARN FROM A VARIETY OF PHILANTHROPIC EXPERTS AND PRACTICE THEIR NEW SKILLS THROUGH INTEGRATED VOLUNTEERING AND ACTUAL GRANTMAKING EXPERIENCES.
INFORMING PRACTICE - THE FOUNDATION SHARES BEST PRACTICES ON GIVING EFFECTIVELY THROUGH A NUMBER OF DIFFERENT CHANNELS, INCLUDING PUBLIC SPEAKING, MASS MEDIA AND ACADEMIC PUBLICATIONS AS WELL AS PROVIDING PRO-BONO ADVISING TO INDIVIDUALS, FOUNDATIONS AND COMPANIES. AUDIENCES RANGE FROM SOCIAL SECTOR EXECUTIVES TO HIGH NET WORTH DONORS AS WELL AS FROM TECHNOLOGY ENTREPRENEURS AND THEIR COMPANIES TO "CITIZEN PHILANTHROPISTS."
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarina Beges Executive Director | 40 | $112,772 | |
Joyce Song Chief Of Staff | 40 | $99,503 | |
Amber Levine Program Analyst | 40 | $60,234 | |
Sei Mi Chu Program Analyst | 40 | $52,532 | |
Laura Arrillaga-Andreessen President | 20 | $0 | |
Marc Andreessen Treasurer/secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,855,179 |
| Interest on Savings | $0 |
| Dividends & Interest | $378 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,950 |
| Capital Gain Net Income | $1,807,712 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,843,607 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $340,884 |
| Pension plans, employee benefits | $25,270 |
| Interest | $0 |
| Taxes | $48,480 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,512 |
| Total operating and administrative expenses | $541,997 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $541,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,505 |
| Savings and temporary cash investments | $1,702,868 |
| 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 | $1,909,373 |
| 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 | $84 |
| Total liabilities | $84 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Laura Arrillaga-Andreessen Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Humanity United San Francisco, CA | $82,516,947 | $35,858,577 |
Public Policy Institute Of California San Francisco, CA | $340,951,909 | $34,836,055 |
Singleton Foundation For Financial Literacy And Entrepreneurship Burbank, CA | $5,023,733 | $12,067,602 |
Draper Richards Kaplan Foundation Menlo Park, CA | $54,158,347 | $29,356,238 |
Oprah Winfrey Leadership Academy Foundation Los Angeles, CA | $17,969,443 | $12,010,898 |
Wadhwani Operating Foundation Los Altos, CA | $0 | $65,339,394 |
Henry T Nicholas Education Foundation Inc Santa Ana, CA | $712,720 | $5,509,546 |
Chinese Character A Day Foundation Huntington Beach, CA | $0 | $31,765 |
Janie And Donald Friend Foundation San Francisco, CA | $0 | $1,186,592 |
Tomkat Ranch Educational Foundation Pescadero, CA | $1,784,473 | $4,660,042 |
Pacific Research Institute For Public Policy Pasadena, CA | $22,104,229 | $7,799,578 |
Ionetix Ppe Foundation San Francisco, CA | $0 | $4,350,988 |