Tiger Global Philanthropic Ventures Inc
- Assets
- $18.0m
- Revenue
- $15.9m
- Investments
- $16.5m
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 12/2022
- EIN
- 85-4007593
Organization Overview
Tiger Global Philanthropic Ventures Inc is located in New York, NY. 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. Tiger Global Philanthropic Ventures Inc 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, Tiger Global Philanthropic Ventures Inc generated $15.9m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 58.2% each year . All expenses for the organization totaled $15.7m during the year ending 12/2022. While expenses have increased by 57.3% per year over the past 3 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, Tiger Global Philanthropic Ventures Inc has awarded 68 individual grants totaling $36,044,498. 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
NOT APPLICABLE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles P Coleman III Director/president | 0.5 | $0 | |
Eric Lane Chief Operating Officer | 0.5 | $0 | |
Richard Fortunato Secretary | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nationswell | 12/30/22 | $99,000 |
Deloitte & Touche Llp | 12/30/22 | $77,670 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,933,535 |
| Interest on Savings | $106 |
| Dividends & Interest | $16,214 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $128,840 |
| Capital Gain Net Income | $128,840 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$136,509 |
| Total Revenue | $15,942,186 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,885 |
| Total operating and administrative expenses | $284,228 |
| Contributions, gifts, grants paid | $15,366,998 |
| Total expenses and disbursements | $15,651,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,485,446 |
| 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 | $17,959,118 |
| 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, Tiger Global Philanthropic Ventures Inc has awarded $15,366,998 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AIRBNB ORG INC PURPOSE: COMMUNITY | $250,000 |
ALL RAISE PURPOSE: COMMUNITY | $500,000 |
AMERICAN ASSOCIATION FOR THE ADVANCEMENT OF SCIENCE PURPOSE: EDUCATIONAL | $683,110 |
AMERICAN ONLINE GIVING FOUNDATION INC PURPOSE: COMMUNITY | $1,500,000 |
THE CHILDREN'S AID SOCIETY PURPOSE: HUMANITARIAN | $25,000 |
CENTRE FOR WILDLIFE STUDIES INC PURPOSE: ENVIRONMENTAL | $250,000 |