Chan Zuckerberg Initiative Advocacy
- Assets
- $80.8m
- Revenue
- $637.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Palo Alto, CA
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 81-3742328
Organization Overview
Chan Zuckerberg Initiative Advocacy is located in Palo Alto, CA. The organization was established in 2016. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chan Zuckerberg Initiative Advocacy is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Chan Zuckerberg Initiative Advocacy generated $637.8k 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 (42.7%) each year. All expenses for the organization totaled $37.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Chan Zuckerberg Initiative Advocacy has awarded 149 individual grants totaling $273,465,702. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND BRING ABOUT ADVANCES IN AREAS OF PUBLIC POLICY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROMOTES PUBLIC POLICY CHANGE THROUGH RESEARCH, EDUCATION, ADVOCACY, GRANTMAKING, AND OTHER ACTIVITIES IN FURTHERANCE OF ITS EXEMPT PURPOSES. THE ORGANIZATION PROMOTES THE GENERAL WELFARE OF INDIVIDUALS AND THEIR COMMUNITIES BY ADVOCATING FOR BENEFICIAL CHANGES IN PUBLIC POLICY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caitlyn Fox President/director | OfficerTrustee | 1 | $0 |
Brian Manca Secretary/treasurer/director | OfficerTrustee | 1 | $0 |
Cristina Huezo Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $492,356 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $492,356 |
| Total Program Service Revenue | $0 |
| Investment income | $145,459 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $637,815 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,928,880 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,670 |
| Fees for services: Accounting | $88,656 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $800 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,872,263 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $37,897,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,145 |
| Savings and temporary cash investments | $3,251,583 |
| Pledges and grants receivable | $49,502,698 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $27,967,016 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $80,803,442 |
| Accounts payable and accrued expenses | $10,024 |
| Grants payable | $17,985,013 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $122,494,130 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $140,489,167 |
| Net assets without donor restrictions | -$109,188,423 |
| Net assets with donor restrictions | $49,502,698 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $80,803,442 |
Grants Awarded
Over the last fiscal year, Chan Zuckerberg Initiative Advocacy has awarded $35,928,880 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA YIMBY PURPOSE: GENERAL OPERATING SUPPORT | $1,500,000 |
FWDUS INC PURPOSE: GENERAL OPERATING SUPPORT | $178,880 |
NPH ACTION FUND PURPOSE: GENERAL OPERATING SUPPORT | $8,000,000 |
THE JUST TRUST FOR ACTION PURPOSE: GENERAL OPERATING SUPPORT | $26,250,000 |