Koum Family Foundation
- Assets
- $2.0b
- Revenue
- $59.4m
- Investments
- $2.0b
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 05/2016
- Data as of
- 12/2020
- EIN
- 47-5446562
Organization Overview
Koum Family Foundation is located in Palo Alto, 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. Koum 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 12/2020, Koum Family Foundation generated $59.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.0%) each year.
Since 2017, Koum Family Foundation has awarded 299 individual grants totaling $305,958,063. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yana Kalika CFO And Executive Director | 40 | $245,000 | |
Jan Koum President | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Goldman Sachs & Co | 12/30/21 | $4,156,887 |
Arabella Advisors | 12/30/21 | $431,558 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,410,700 |
| Interest on Savings | $16,377,723 |
| Dividends & Interest | $13,262,302 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,285,141 |
| Capital Gain Net Income | $5,285,141 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $75,149 |
| Total Revenue | $59,411,015 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $251,710 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $75 |
| Taxes | $4,312,617 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,691,998 |
| Total operating and administrative expenses | $8,777,955 |
| Contributions, gifts, grants paid | $100,279,299 |
| Total expenses and disbursements | $109,057,254 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $37,220,538 |
| 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 | $1,973,345,532 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,010,566,070 |
| Accounts payable and accrued expenses | $977,348 |
| Grants payable | $26,450,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $11,896,650 |
| Total liabilities | $39,323,998 |
Grants Awarded
Over the last fiscal year, Koum Family Foundation has awarded $85,244,101 in support to 109 organizations.
| Grant Recipient | Amount |
|---|---|
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY PURPOSE: GENERAL CHARITY | $12,500,000 |
Monsey, NY PURPOSE: GENERAL CHARITY | $10,000,000 |
THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY PURPOSE: GENERAL CHARITY | $5,000,000 |
New York, NY PURPOSE: GENERAL CHARITY | $4,000,000 |
Brooklyn, NY PURPOSE: ACTIVITIES TO SUPPORT EDUCATION IN JEWISH COMMUNITIES | $3,120,000 |
New York, NY PURPOSE: GENERAL CHARITY | $3,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chan Zuckerberg Initiative Foundation Palo Alto, CA | $7,102,375,761 | $894,057,700 |
David And Lucile Packard Foundation Los Altos, CA | $0 | $658,614,112 |
Gordon E And Betty I Moore Foundation Palo Alto, CA | $0 | $528,454,632 |
Gerson Bakar Foundation San Francisco, CA | $2,671,857,395 | $1,929,752,035 |
Carl Victor Page Memorial Foundation Palo Alto, CA | $3,530,742,616 | $1,087,074,441 |
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ | $496,549,315 | $85,713,153 |
The Heising-Simons Foundation Los Altos, CA | $866,467,309 | $244,878,185 |
Bin Lin And Daisy Liu Family Foundation Fremont, CA | $227,760,848 | $146,668,013 |
Sequoia Climate Fund Irvine, CA | $47,430,446 | $181,073,206 |
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 |