Craig Newmark Foundation

Organization Overview

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.

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Board, Officers & Key Employees

Name (title)Compensation
Mabel Hsu
CFO
$110,000
Craig Newmark
President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Edelman
$98,869
Cmgrp Inc
$53,334
View All Vendors

Financial Statements

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

Grants Awarded

Over the last fiscal year, Craig Newmark Foundation has awarded $31,369,000 in support to 39 organizations.

Grant RecipientAmount

PRESIDENT AND FELLOWS OF HARVARD COLLEGE

PURPOSE: GENERAL PURPOSE

$5,000,000

BOB WOODRUFF FOUNDATION

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL PURPOSE

$3,750,000

THE ASPEN INSTITUTE INC

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL PURPOSE

$3,000,000

COMMON SENSE MEDIA

Org PageRecipient Profile

San Francisco, CA

PURPOSE: GENERAL PURPOSE

$2,500,000

THE MARKUP NEWS INC

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL PURPOSE

$2,500,000

WIKIMEDIA FOUNDATION INC

PURPOSE: GENERAL PURPOSE

$2,500,000
View Grant Profile

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