Evolve Foundation International
- Assets
- $13.9m
- Revenue
- -$390.0k
- Investments
- $12.5m
- Employees
- 0
- Location
- San Rafael, CA
- Founding
- Data as of
- 12/2023
- EIN
- 86-1954947
Organization Overview
Evolve Foundation International is located in San Rafael, CA. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Evolve Foundation International 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND CONTRIBUTE TO EVOLVING HUMAN CONSCIOUSNESS AND AWAKENING OF TRUE NATURE IN HUMAN FORM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDSHIP BENCH SEEKS TO MAKE EVIDENCE-BASED CARE FOR COMMON MENTAL DISORDERS SUCH AS ANXIETY, DEPRESSION, AND PTSD WIDELY ACCESSIBLE TO ALL THOSE WHO NEED IT, THROUGHOUT COMMUNITIES IN ZIMBABWE AND BEYOND.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bo Shao Chairman | OfficerTrustee | 5 | $0 |
Oleg Gorelik Treasurer//vice Chair/ Sec | OfficerTrustee | 5 | $0 |
Jenny Pao Director | Trustee | 5 | $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 | $100,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,000 |
| Total Program Service Revenue | $0 |
| Investment income | $53,212 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$543,177 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$389,965 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $108,034 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,310 |
| 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 | $215 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $60 |
| Total functional expenses | $112,619 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,800 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,396,688 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $12,525,554 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,939,042 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $13,939,042 |
| Total liabilities and net assets/fund balances | $13,939,042 |
Grants Awarded
Over the last fiscal year, Evolve Foundation International has awarded $375,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BERKELEY CENTER FOR SCIENCE OF PSYCHEDELICS PURPOSE: GENERAL OPERATING SUPPORT | $110,000 |
THIRD WAY PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
GRIP TRAINING INSTITUTE PURPOSE: GENERAL OPERATING SUPPORT | $75,000 |
THE UA FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
LIMINA FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
SAGE INSTITUTE PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |