Mitchell Kapor Foundation
- Assets
- $193.6m
- Revenue
- $127.8m
- Investments
- $99.1m
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 94-3330604
Organization Overview
Mitchell Kapor Foundation is located in Oakland, CA. The organization was established in 2000. 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. Mitchell Kapor 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 12/2021, Mitchell Kapor Foundation generated $127.8m in total revenue. All expenses for the organization totaled $11.2m during the year ending 12/2021. While expenses have increased by 14.3% per year over the past 6 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 2014, Mitchell Kapor Foundation has awarded 723 individual grants totaling $40,836,131. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
STRENGTHEN TECH ECOSYSTEMS: TO ADDRESS CRITICAL NEEDS WITHIN BLACK, BROWN, AND INDIGENOUS COMMUNITIES TO PROMOTE MEANINGFUL PARTICIPATION IN THE TECHNOLOGY ECONOMY.
COMPUTER SCIENCE EQUITY: TO INCREASE ACCESS AND PARTICIPATION IN K-12 COMPUTER SCIENCE EDUCATION AMONG STUDENTS OF COLOR.
TECH WORKFORCE DIVERSITY: TO INCREASE RACIAL DIVERSITY AND REPRESENTATION ACROSS ALL LEVELS OF THE TECH WORKPLACE.
THE FOUNDATION ALSO PROVIDES FISCAL SPONSORSHIP FOR VARIOUS PROJECTS. THE FISCAL SPONSORSHIP IS MEANT TO PROVIDE A SHORT-TERM BRIDGE FOR SELECT EXTERNAL EFFORTS THAT ARE CLOSELY ALIGNED WITH OUR MISSION AND WORK, ENABLING PROJECT LEADERS TO RECEIVE FUNDS AND MANAGE PROJECT-RELATED EXPENSES WHILE MOVING WITHIN A REASONABLE TIME FRAME TOWARD INDEPENDENT 501(C)(3) STATUS OR A SUITABLE PUBLIC CHARITY AS A FISCAL SPONSOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitchell D Kapor President | 2 | $0 | |
Freada Kapor-Klein Chair | 2 | $0 | |
Allison Scott Secr / Chief Executive Officer | 40 | $402,712 | |
Gaurav Vashist Treasurer | 20 | $0 | |
Lilibeth Gangas Chief Tech Community | 40 | $218,687 | |
Sonia Koshy Chief Research Offic | 40 | $203,936 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Center For Open Data Enterprise Inc | 12/30/22 | $139,200 |
Rally | 12/30/22 | $240,903 |
Full Circle Strategies Llc | 12/30/22 | $80,000 |
New York City Foundation For Computer Science | 12/30/22 | $75,000 |
Moss Adams Llp | 12/30/22 | $63,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,273,753 |
| Interest on Savings | $9,094 |
| Dividends & Interest | $28,981,701 |
| Net Rental Income | $94,160 |
| Net Gain on Sale of Assets | $48,384,695 |
| Capital Gain Net Income | $46,610,644 |
| Net ST Capital Gain | $118,802 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $58,801 |
| Total Revenue | $127,802,204 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $378,475 |
| Other employee salaries and wages | $2,499,058 |
| Pension plans, employee benefits | $393,566 |
| Interest | $0 |
| Taxes | $619,244 |
| Depreciation | $44,249 |
| Occupancy | $338,531 |
| Travel, conferences, and meetings | $80,207 |
| Printing and publications | $0 |
| Other expenses | $719,173 |
| Total operating and administrative expenses | $7,899,450 |
| Contributions, gifts, grants paid | $3,308,986 |
| Total expenses and disbursements | $11,208,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $270 |
| Savings and temporary cash investments | $78,671,984 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $184,388 |
| 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 | $67,942,196 |
| Net Land, buildings, and equipment | $284,596 |
| Other assets | $15,401,295 |
| Total assets | $193,624,254 |
| Accounts payable and accrued expenses | $590,933 |
| Grants payable | $3,900,264 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,222,890 |
| Total liabilities | $5,714,087 |
Grants Awarded
Over the last fiscal year, Mitchell Kapor Foundation has awarded $12,197,988 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
BLACK INNOVATION ALLIANCE PURPOSE: TO SUPPORT THE ATL ECOSYSTEM | $50,000 |
CAMPAIGN FOR ACCOUNTABILITY INC PURPOSE: TO SUPPORT THE TECH TRANSPARENCY PROJECT | $150,000 |
CAROLINA FEDERATION FUND PURPOSE: TO SUPPORT COMMUNITY ORGANIZING, CIVIC EDUCATION, AND LEADERSHIP DEVELOPMENT | $10,000 |
CENTER FOR EMPOWERED POLITICS EDUCATION FUND PURPOSE: TO PROMOTE CIVIC EDUCATION AND ENGAGEMENT | $15,000 |
BRANDEIS UNIVERSITY PURPOSE: TO SUPPORT IERE'S RACIAL JUSTICE X TECH POLICY PROGRAM | $500,000 |
CENTRO POR LA JUSTICIA PURPOSE: TO PROVIDE EDUCATIONAL AND CULTURAL SERVICES TO THE COMMUNITY | $15,000 |