Craig Newmark Foundation is located in San Francisco, CA. The organization was established in 2016. 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. Craig Newmark 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, Craig Newmark Foundation generated $26.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (57.2%) each year. All expenses for the organization totaled $31.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Craig Newmark Foundation has awarded 140 individual grants totaling $109,271,782. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mabel Hsu CFO | 30 | $110,000 | |
Craig Newmark President | 40 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Edelman | 12/30/20 | $98,869 |
Cmgrp Inc | 12/30/20 | $53,334 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $24,004 |
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 | $2,318 |
Total Revenue | $26,322 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $110,000 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $378 |
Printing and publications | $0 |
Other expenses | $38,144 |
Total operating and administrative expenses | $304,028 |
Contributions, gifts, grants paid | $31,369,000 |
Total expenses and disbursements | $31,673,028 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $177,505,768 |
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 | $177,505,768 |
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 |
Over the last fiscal year, Craig Newmark Foundation has awarded $31,369,000 in support to 39 organizations.
Grant Recipient | Amount |
---|---|
PRESIDENT AND FELLOWS OF HARVARD COLLEGE PURPOSE: GENERAL PURPOSE | $5,000,000 |
New York, NY PURPOSE: GENERAL PURPOSE | $3,750,000 |
Washington, DC PURPOSE: GENERAL PURPOSE | $3,000,000 |
San Francisco, CA PURPOSE: GENERAL PURPOSE | $2,500,000 |
New York, NY PURPOSE: GENERAL PURPOSE | $2,500,000 |
WIKIMEDIA FOUNDATION INC PURPOSE: GENERAL PURPOSE | $2,500,000 |
Organization Name | Assets | Revenue |
---|---|---|
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Waverley Street Foundation Palo Alto, CA | $2,988,003,660 | $1,311,729,919 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |