Rippleworks Inc

Organization Overview

Rippleworks Inc is located in Redwood City, CA. The organization was established in 2015. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rippleworks Inc 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 04/2022, Rippleworks Inc generated $196.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 61.7% each year . All expenses for the organization totaled $48.4m during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Rippleworks Inc has awarded 331 individual grants totaling $132,195,033. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE ENVISION A WORLD WHERE ALL PEOPLE HAVE EQUITABLE ACCESS TO THE RESOURCES AND OPPORTUNITIES TO LIVE LIFE TO THE FULLEST POTENTIAL. OUR MISSION IS TO BE RELENTLESSLY FOCUSED ON THE NEEDS OF SOCIAL VENTURES, PROVIDING THE PRACTICAL SUPPORT IMPACTFUL ENTREPRENEURS AND THEIR TEAMS NEED TO IMPROVE MORE LIVES.


CAPITAL INVESTS IN HIGH-GROWTH SOCIAL VENTURES TO HELP SCALE THEIR IMPACT AND IMPROVE MORE LIVES.


LEADERS STUDIO BRINGS TOGETHER PRACTICAL EXPERIENCE AND EFFECTIVE LEARNING METHODS TO BUILD AND DELIVER LEARNING PROGRAMS TO LEADERS ACROSS THE GLOBE.


MARKETING HELPS THE RIPPLEWORKS TEAM TO ACHIEVE IMPACT BY PARTICIPATING IN INDUSTRY CONVENINGS/EVENTS TO INFLUENCE OTHERS IN THE NONPROFIT ECOSYSTEM BY SHARING OUR LEARNINGS AND ADVOCATING FOR WAYS THE SECTOR CAN BETTER SUPPORT IMPACTFUL SOCIAL VENTURES.


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Board, Officers & Key Employees

Name (title)Compensation
Doug Galen
President/ceo
$832,250
Christian Larsen
Secretary/treasurer
$0
Anushka Ratnayake
Board Member
$0
John Carroll
Controller
$206,906
Tim Kunihiro
Managing Director, V
$300,595
Ayesha Wagle
Head Of Investments
$300,833

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Deel Inc
$230,382
Ground Floor Public Affairs
$180,000
Forshay Inc
$100,125
Davis Wright Tremaine Llp
$96,139
Bpm Llp
$94,863
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $400,000
Interest on Savings $1,771,235
Dividends & Interest $915,730
Net Rental Income$0
Net Gain on Sale of Assets $193,027,618
Capital Gain Net Income $457,891,002
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $438,341
Total Revenue $196,552,924

Grants Awarded

Over the last fiscal year, Rippleworks Inc has awarded $55,039,869 in support to 109 organizations.

Grant RecipientAmount

SAVELIFE FOUNDATION

PURPOSE: GENERAL SUPPORT

$750,000

MAMATOTO VILLAGE

PURPOSE: GENERAL SUPPORT

$50,000

GIRLS ON THE RUN OF THE ROCKIES

PURPOSE: GENERAL SUPPORT

$1,000

DONORSCHOOSE

PURPOSE: GENERAL SUPPORT

$200

DONORSCHOOSE

PURPOSE: GENERAL SUPPORT

$1,735

NEW BREATH FOUNDATION

PURPOSE: GENERAL SUPPORT

$50,000
View Grant Profile

Peer Organizations

Organization NameAssets
Asia Foundation
San Francisco, CA
$114,520,358
Medical Teams International
Tigard, OR
$68,409,431
Rippleworks Inc
Redwood City, CA
$196,552,924
World Emergency Relief
San Dimas, CA
$38,017,666
Volunteers For Interamerican Development Assistance
Berkeley, CA
$24,590,214
Transfair Usa
Oakland, CA
$20,049,420
Camfed U S A Foundation
San Francisco, CA
$37,567,738
Muso Inc
San Francisco, CA
$11,290,012
Palestine Childrens Relief Fund
Los Angeles, CA
$10,710,532
Id Insight Inc
San Francisco, CA
$24,317,041
Surgical Eye Expeditions International Inc
Santa Barbara, CA
$14,737,614
Thousand Currents
San Francisco, CA
$25,200,495
Seva Foundation
Berkeley, CA
$10,031,643
Project Concern International
San Diego, CA
$12,210,235
Divine Will Foundation
Encinitas, CA
$8,815,481
Celerity Global Development
Los Angeles, CA
$8,338,198
Santa Verena Charity Inc
Anaheim, CA
$8,151,448
Buddhist Tzu Chi Medical Foundation
El Monte, CA
$7,363,970
Peking University Education Foundation Usa
San Mateo, CA
$6,301,645
Proximity Designs
South Pasadena, CA
$4,495,096
Maisha Meds Inc
Walnut Creek, CA
$6,900,511
Resurge International
Sunnyvale, CA
$6,009,134
Middle East Childrens Alliance
Berkeley, CA
$3,812,328
Asha For Education
Covina, CA
$4,225,798
One Drop Foundation Inc
Las Vegas, NV
$1,462,532

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