Pichai Family Foundation
- Assets
- $104.0m
- Revenue
- $39.9m
- Investments
- $103.4m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- Data as of
- 12/2022
- EIN
- 83-2405611
Organization Overview
Pichai Family Foundation is located in San Francisco, CA. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Pichai 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 12/2022, Pichai Family Foundation generated $39.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.5% each year . All expenses for the organization totaled $3.0m during the year ending 12/2022. While expenses have increased by 30.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pichai Family Foundation has awarded 29 individual grants totaling $5,360,000. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sundararajan Pichai Board Chair & Pres / Director | 0 | $0 | |
Anjali Pichai Vp, Treas, Sec / Director | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Goldman Sachs & Co Llc | 12/30/22 | $273,053 |
Pricewaterhousecoopers Llp | 12/30/22 | $32,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $35,142,695 |
| Interest on Savings | $613,863 |
| Dividends & Interest | $1,083,718 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,042,773 |
| Capital Gain Net Income | $3,042,773 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,883,049 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $85,850 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $392,560 |
| Contributions, gifts, grants paid | $2,600,000 |
| Total expenses and disbursements | $2,992,560 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,202 |
| Savings and temporary cash investments | $625,469 |
| 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 | $11,122,376 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $104,042,067 |
| 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 |
Grants Awarded
Over the last fiscal year, Pichai Family Foundation has awarded $2,600,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
GIVE FOUNDATION INC PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
INTERNATIONAL RESCUE COMMITTEE PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
PENINSULA BRIDGE PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
PRATHAM USA PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
SECOND HARVEST OF SILICON VALLEY PURPOSE: GENERAL OPERATING SUPPORT | $125,000 |