2023-11-01T12:22:25-05:00 2022-12-31 366055558 GRANT THORNTON LLP 757 THIRD AVE 3RD FLOOR NEW YORK NY 100172013 990 2022-01-01 814755668 DROPBOX CHARITABLE FOUNDATION DROP 2128124330 120 BROADWAY 3475 NEW YORK NY 10271 NICHOLAS HODGES SENIOR VICE PRESIDENT & COO 2128124330 2023-11-01 1 NICHOLAS HODGES XXX-XX-XXXX 0 SCOTT THOMPSETT P00741490 2125990100 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X NICHOLAS HODGES 120 BROADWAY 3475 NEW YORK NY 10271 3150707 0 X HTTPS://DROPBOX.FOUNDATION/ X 2016 DE WE PARTNER WITH IMPACTFUL ORGANIZATIONS TO DEFEND HUMAN RIGHTS AROUND THE WORLD. 7 3 0 34 0 0 0 0 0 0 2438409 461434 0 0 2438409 461434 1400000 1600000 0 0 0 0 0 0 0 194344 167321 1594344 1767321 844065 -1305887 27298058 23165388 138046 72200 27160012 23093188 X THE DROPBOX CHARITABLE FOUNDATION PARTNERS WITH IMPACTFUL ORGANIZATIONS THAT DEFEND HUMAN RIGHTS AROUND THE WORLD. (CONT SCH O)DCF PROVIDES UNRESTRICTED GRANTS, AND TO MAKE THAT FUNDING GO FURTHER, WE MATCH ORGANIZATIONAL NEEDS TO THE CAPABILITIES OF DROPBOX EMPLOYEE VOLUNTEERS. 0 0 1767321 1600000 0 THE DROPBOX FOUNDATION PARTNERS WITH IMPACTFUL ORGANIZATIONS THAT DEFEND HUMAN RIGHTS AROUND THE WORLD. WE PROVIDE UNRESTRICTED GRANTS - AND TO MAKE THAT FUNDING GO FURTHER, WE MATCH ORGANIZATIONAL NEEDS TO THE CAPABILITIES OF DROPBOX EMPLOYEE VOLUNTEERS.WE'RE BUILDING A RELATIONSHIP WITH OUR GRANTEE PARTNERS BASED ON TRUST. THE DROPBOX FOUNDATION CONNECTS THESE PARTNERS TO EACH OTHER SO THEY CAN SHARE THE VALUABLE KNOWLEDGE THEY'VE GATHERED OVER THE YEARS. MUTUAL RESPECT AND A SHARED PASSION FOR DEFENDING HUMAN RIGHTS GUIDE EVERYTHING WE DO. 1767321 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 3 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X INGRID RASMUSSEN CFO & VP 2128124330 120 BROADWAY SUITE 3475 NEW YORK NY 10271 BART VOLKMER PRESIDENT & DIRECTOR 0.50 0.00 X X 0 0 0 AMBER COTTLE VICE PRESIDENT & DIRECTOR 0.50 0.00 X X 0 0 0 SAMAN ASHEER VP OF COMMUNICATIONS & DIRECTOR 0.50 0.00 X X 0 0 0 GREGORY RATLIFF DIRECTOR 0.50 35.00 X 0 442197 39035 NICHOLAS HODGES TREASURER & DIR. (05/2022-12/31/2022) 0.50 35.00 X X 0 483336 54511 SHERMANE BILAL DIRECTOR 0.50 35.00 X 0 168830 28427 HEATHER GRADY DIRECTOR 0.50 35.00 X 0 321104 47495 CHRISTOPHER WELCH TREASURER & DIR. (THRU 05/2022) 0.50 35.00 X X 0 275566 21110 TINA LEE SECRETARY 0.50 0.00 X 0 0 0 0 1691033 190578 0 0 1 0 0 105874 105874 3044833 2689273 355560 355560 355560 461434 0 0 461434 975000 975000 625000 625000 5625 5625 5000 5000 16907 16907 19 19 3884 3884 500 500 GRANT ASSESSMENT FEES 129500 129500 MEMBERSHIP DUES & REG. 5000 5000 FILING FEES 886 886 1767321 1767321 0 0 887780 1855469 26410278 21309919 27298058 23165388 38046 47200 100000 25000 138046 72200 X 27160012 23093188 27160012 23093188 27298058 23165388 -1305887 -2760338 -599 0 X 0 1 X 1 0 X X X 1 ROCKEFELLER PHILANTHROPY ADVISORS INC 133615533 7 1 129500 0 1 129500 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART I, LINE 12G: DROPBOX CHARITABLE FOUNDATION IS THE CORPORATE PHILANTHROPIC GRANT-MAKING VEHICLE FOR ITS SUPPORTED ORGANIZATION, ROCKEFELLER PHILANTHROPIC ADVISORS THAT BUILDS, AND FOSTERS RELATIONSHIPS WITH NONPROFITS AROUND THE WORLD FOCUSED ON HUMAN RIGHTS. DROPBOX FOUNDATION PROVIDES SUPPORT IN THE FORM OF GRANT ASSESSMENT SERVICES (IDENTIFIED IN FORM 990, SCHEDULE R, WITH CODE M). 0 X PART X, LINE 2: ASC 740 (FIN 48) FOOTNOTE DROPBOX CHARITABLE FOUNDATION DOES NOT RECEIVE ITS OWN STANDALONE AUDITED FINANCIAL STATEMENTS; ITS OPERATIONS ARE INCLUDED WITHIN THE FINANCIAL STATEMENTS OF ITS SUPPORTING ORGANIZATION - ROCKEFELLER PHILANTHROPY ADVISORS, INC. THE FIN-48 FOOTNOTE REPRODUCED BELOW IS FROM THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS. RPA AND DCF FOLLOW GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO THE CONSOLIDATED FINANCIAL STATEMENTS RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. RPA AND DCF ARE EXEMPT FROM FEDERAL INCOME TAX UNDER 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE INTERNAL REVENUE CODE. RPA AND DCF HAVE PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. RPA AND DCF DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 400000 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 225000 0 0 0 0 0 0 625000 0 625000 EUROPE (INCLUDING ICELAND & GREENLAND) GENERAL SUPPORT 200000 WIRE 0 EAST ASIA AND THE PACIFIC GENERAL SUPPORT 225000 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) GENERAL SUPPORT 200000 WIRE 0 3 0 0 0 0 0 0 0 PART I, LINE 2: MONITORING THE USE OF GRANTS AND ASSISTANCE THE DROPBOX CHARITABLE FOUNDATION WORKS IN COOPERATION WITH ITS SUPPORTED ORGANIZATION WHEN DETERMINING WHICH DOMESTIC AND FOREIGN CHARITIES IT CHOOSES TO SUPPORT WITH MONETARY FUNDING. THE FOUNDATION ADOPTS THE GRANT MONITORING PROCEDURES OF ITS SUPPORTED ORGANIZATION, AS FOLLOWS: INTERNATIONAL ORGANIZATIONS MUST BE PRE-DETERMINED TO BE EQUIVALENT TO DOMESTIC 501(C)(3) ORGANIZATIONS OR FOLLOW THE EXPENDITURE RESPONSIBILITY PROCESS FOR THE COMMUNITY FOUNDATION TO CONSIDER THEM ELIGIBLE TO RECEIVE GRANTS. BY ACCEPTING THE GRANT, GRANTEES MUST AGREE TO THE FOLLOWING STIPULATIONS: - ALL GRANT FUNDS, AND INCOME EARNED ON THOSE FUNDS, MUST BE SPENT ONLY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES. - INDIVIDUALS CONNECTED WITH THE GRANT RECOMMENDATION WILL RECEIVE NO BENEFITS, GOODS OR SERVICES IN EXCHANGE FOR THE GRANT. - THE GRANT WILL NOT BE USED TO SATISFY THE PAYMENT OF A PRE-EXISTING PLEDGE OR OTHER FINANCIAL OBLIGATION. - THE GRANT WILL BE USED SOLELY FOR THE PURPOSE SPECIFIED IN THE GRANT AGREEMENT AND IS NOT FOR THE PERSONAL BENEFIT OF AN INDIVIDUAL. - ANY FUNDS NOT USED FOR THE PURPOSES SPECIFIED IN THE GRANT AGREEMENT WILL BE RETURNED TO THE FOUNDATION. - GRANTEES ARE REQUIRED TO SUBMIT PERIODIC REPORTS. PART III ACCOUNTING METHOD: 1 KIND INC 1201 L STREET NW FLOOR 2 WASHINGTON DC 20005 262763038 501(C)(3) 200000 0 GENERAL SUPPORT MOCKINGBIRD SOCIETY 2100 24TH AVENUE S SUITE 240 SEATTLE WA 98144 912051340 501(C)(3) 200000 0 GENERAL SUPPORT OUTRIGHT ACTION INTERNATIONAL 216 EAST 45TH ST 17TH FLOOR NEW YORK NY 10017 943139952 501(C)(3) 175000 0 GENERAL SUPPORT RAHEEM AI 1423 BROADWAY PMB 192 OAKLAND CA 94612 821805718 501(C)(3) 200000 0 GENERAL SUPPORT WOMEN FOR WOMEN INTERNATIONAL 2000 M ST NW SUITE 200 WASHINGTON DC 20036 521838756 501(C)(3) 200000 0 GENERAL SUPPORT 5 0 PART I, LINE 2: MONITORING THE USE OF GRANTS AND ASSISTANCE THE DROPBOX CHARITABLE FOUNDATION WORKS IN COOPERATION WITH ITS SUPPORTED ORGANIZATION WHEN DETERMINING WHICH DOMESTIC AND FOREIGN CHARITIES IT CHOOSES TO SUPPORT WITH MONETARY FUNDING. THE FOUNDATION ADOPTS THE GRANT MONITORING PROCEDURES OF ITS SUPPORTED ORGANIZATION, AS FOLLOWS: - ALL GRANT FUNDS, AND INCOME EARNED ON THOSE FUNDS, MUST BE SPENT ONLY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES. - INDIVIDUALS CONNECTED WITH THE GRANT RECOMMENDATION WILL RECEIVE NO BENEFITS, GOODS OR SERVICES IN EXCHANGE FOR THE GRANT. - THE GRANT WILL NOT BE USED TO SATISFY THE PAYMENT OF A PRE-EXISTING PERSONAL PLEDGE OR OTHER FINANCIAL OBLIGATION. - THE GRANT WILL BE USED SOLELY FOR THE CHARITABLE PURPOSE AND IS NOT FOR THE PERSONAL BENEFIT OF AN INDIVIDUAL. - ANY FUNDS NOT USED FOR THE PURPOSES SPECIFIED IN THE GRANT AGREEMENT WILL BE RETURNED TO THE FOUNDATION. - GRANTEES ARE REQUIRED TO SUBMIT PERIODIC REPORTS. 1 0 0 0 0 0 0 0 0 NICHOLAS HODGES TREASURER & DIR. (05/2022-12/31/2022 0 409006 0 74330 0 0 0 27495 0 27016 0 537847 0 0 GREGORY RATLIFF DIRECTOR 0 365346 0 76851 0 0 0 25187 0 13848 0 481232 0 0 HEATHER GRADY DIRECTOR 0 272729 0 48375 0 0 0 27450 0 20045 0 368599 0 0 CHRISTOPHER WELCH TREASURER & DIR. (THRU 05/2022) 0 93546 0 29620 0 152400 0 14059 0 7051 0 296676 0 0 SHERMANE BILAL DIRECTOR 0 145979 0 22851 0 0 0 15269 0 13158 0 197257 0 0 PART I, LINE 4A FORMER TREASURER & DIRECTOR, CHRISTOPHER WELCH, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $152,400 IN CALENDAR YEAR 2022 FROM THE FOUNDATION'S SUPPORTED ORGANIZATION, ROCKEFELLER PHILANTHROPY ADVISORS, INC. THIS AMOUNT HAS BEEN REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III). FORM 990, PART VI, SECTION A, LINE 2 FAMILY OR BUSINESS RELATIONSHIPS CURRENT PRESIDENT & DIRECTOR, BART VOLKMER AND CURRENT VICE PRESIDENT & DIRECTOR, AMBER COTTLE, HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS THE DROPBOX FOUNDATION HAS TWO CLASSES OF MEMBERS: A) APPOINTING MEMBERS - CONSISTING OF DROPBOX'S SUPPORTED ORGANIZATION, ROCKEFELLER PHILANTHROPY ADVISORS AND DROPBOX, INC. B) GOVERNING MEMBERS - CONSISTING OF THOSE INDIVIDUALS WHO ARE DIRECTORS OF THE ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 7A APPOINTING MEMBERS THE APPOINTING MEMBERS HAVE THE POWER TO APPOINT AND REMOVE BOARD OF DIRECTORS MEMBERS. ROCKEFELLER PHILANTHROPY ADVISORS HAS THE POWER TO APPOINT AND/OR REMOVE FOUR BOARD MEMBERS; DROPBOX, INC. HAS THE POWER TO APPOINT AND/OR REMOVE THREE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS DROPBOX CHARITABLE FOUNDATION HIRES AN INDEPENDENT ACCOUNTING FIRM TO PREPARE AND REVIEW THE ORGANIZATION'S FORM 990 BASED ON INFORMATION PROVIDED BY THEIR ACCOUNTING STAFF. A COPY OF THE FORM 990 IS DISTRIBUTED TO THE ORGANIZATION'S AUDIT COMMITTEE FOR REVIEW PRIOR TO FILING WITH THE IRS. A COPY OF THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS ONCE THE AUDIT COMMITTEE HAS APPROVED IT FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY DROPBOX CHARITABLE FOUNDATION FOLLOWS THE SAME CONFLICT OF INTEREST POLICY AS ROCKEFELLER PHILANTHROPY ADVISORS INC. WHICH IS REPLICATED BELOW: THE SECRETARY OF THE ORGANIZATIONS ANNUALLY CIRCULATE A DISCLOSURE FORM FOR DIRECTORS AND STAFF TO LIST ORGANIZATIONS IN WHICH THEY OR THEIR SPOUSES OR CHILDREN PLAY A FIDUCIARY OR LEADING ROLE. IN ADDITION, DIRECTORS AND STAFF WILL LIST THOSE ORGANIZATIONS IN WHICH THEY, A SPOUSE OR A CHILD HOLD A SIGNIFICANT FINANCIAL INTEREST AND WHICH HAVE A BUSINESS RELATIONSHIP WITH THE ORGANIZATION. ON THE SAME FORM, DIRECTORS AND STAFF ACKNOWLEDGE THAT THEY UNDERSTAND AND ADHERE TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND PROCEDURE. DIRECTORS AND STAFF WILL INFORM THE SECRETARY OF ANY CHANGES OR NEW RELATIONSHIPS. IF A POTENTIAL CONFLICT EXISTS, INVOLVED PARTIES WILL DISCLOSE THE POTENTIAL CONFLICT AND EXCUSE THEMSELVES FROM DISCUSSION OR ANY VOTE RELATED TO THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE INDIVIDUALS LISTED BELOW AND REPORTED ON THE DROPBOX FOUNDATION FORM 990 RECEIVE THEIR COMPENSATION FROM THE FOUNDATION'S SUPPORTED ORGANIZATION, ROCKEFELLER PHILANTHROPY ADVISORS, INC.: GREGORY RATLIFF HEATHER GRADY SHERMANE BILAL NICHOLAS HODGES CHRISTOPHER WELCH THE PROCESS BY WHICH THESE INDIVIDUALS COMPENSATION IS DETERMINED IS REPLICATED FROM THE RPA 990 BELOW: RPA IS COMMITTED TO RECRUITING, RETAINING, AND MOTIVATING HIGHLY QUALIFIED AND HIGH-PERFORMING STAFF, AND PROVIDING A MARKET COMPETITIVE COMPENSATION AND BENEFITS PACKAGE, LINKED TO THE SUCCESS OF THE INDIVIDUAL, THE ORGANIZATION AND ITS MISSION-DRIVEN OUTCOMES. RPA PRIMARILY COMPARES COMPENSATION TO LARGER FOUNDATIONS, SMALL TO MID-SIZE CONSULTING ORGANIZATIONS, AND SIMILARLY-SITUATED NON-PROFITS IN THE REGIONS IN WHICH OUR OFFICES ARE LOCATED. RPA IS COMMITTED TO BOTH EXTERNAL COMPETITIVENESS AND INTERNAL EQUITY FOR ITS COMPENSATION PROGRAM PRACTICES. EMPLOYEE POLICIES: RPA'S PERFORMANCE AND COMPENSATION PLANS, INCLUDING BUDGETS, ARE APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. THE FOLLOWING IS A SUMMARY OF THE GENERAL PRINCIPLES ON WHICH RPA'S PERFORMANCE ASSESSMENT AND COMPENSATION PROCESSES ARE BASED. PERFORMANCE REVIEW AND COMPENSATION DECISIONS AT RPA ARE MADE ON THE BASIS OF A BOARD-APPROVED PERFORMANCE APPRAISAL FORM, WHICH ESTABLISHES PERFORMANCE STANDARDS AND IMPORTANT VALUES THAT ARE EXPECTED OF ALL EMPLOYEES. AT THE BEGINNING OF EACH CALENDAR YEAR, EACH RPA EMPLOYEE DEVELOPS A PERFORMANCE PLAN THAT HIS/HER SUPERVISOR AND THE PRESIDENT OF RPA MUST APPROVE. ELIGIBLE EMPLOYEES ALSO ESTABLISH SPECIFIC GOALS FOR INCENTIVE COMPENSATION PAYMENTS. AT THE END OF THE CALENDAR YEAR, AN EMPLOYEE AND HIS/HER SUPERVISOR REVIEW HOW THE EMPLOYEE HAS PERFORMED AGAINST THIS PLAN AND THE PERFORMANCE STANDARDS. SUPERVISORS COMPLETE THE PERFORMANCE APPRAISAL FORM IN WRITING, AND RECOMMEND SALARY INCREASES (AS WELL AS INCENTIVE PAYMENTS FOR ELIGIBLE EMPLOYEES) BASED ON PERFORMANCE. BOTH SUPERVISOR AND EMPLOYEE MUST SIGN THE PERFORMANCE APPRAISAL FORM. SALARY ADJUSTMENTS AND INCENTIVE COMPENSATION PAYMENTS MUST BE APPROVED BY THE PRESIDENT OF RPA. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE AVAILABLE TO THE PUBLIC DROPBOX CHARITABLE FOUNDATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT THEIR PLACE OF BUSINESS. THE FORM 990 IS LIKEWISE PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. ROCKEFELLER PHILANTHROPY ADVISORS INC 120 BROADWAY SUITE 3475 NEW YORK NY 10271 133615533 GRANTMAKING DE 501(C)(3) LINE 7 N/A 0 ROCKEFELLER PHILANTHROPY ADVISORS EUROPE 1 PANCRAS SQ KINGS CROSS STE 705 LONDON UK N1C 4AG CONSULTING UK RPA C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 ROCKEFELLER PHILANTHROPY ADVISORS INC M 129500 FMV