2024-11-15T14:13:19-06:00 2023-12-31 941254756 HOOD & STRONG LLP 2580 N 1ST ST STE 460 SAN JOSE CA 95131 990 2023-01-01 943136771 PHILANTHROPIC VENTURES FOUNDATION PHIL 5106451890 1222 PRESERVATION PARK WAY OAKLAND CA 946121201 JAMES HIGA EXECUTIVE DIRECTOR 5106451890 2024-11-14 1 0 JACOB YAU P01560332 4089988400 2023 2024-10-15 13:58:12Z JAMES HIGA 1222 PRESERVATION PARK WAY OAKLAND CA 946121201 82076888 0 X WWW.VENTURESFOUNDATION.ORG X 1991 CA TO ENGAGE DONORS & COMMUNITY PARTNERS IN GRASSROOTS PHILANTHROPY VIA RADICAL COLLABORATION. 9 8 7 8 0 0 22443026 69240577 0 0 472587 1782223 0 0 22915613 71022800 22387194 16490983 0 0 622123 4532589 0 0 2116050 364306 3906930 23373623 24930502 -458010 46092298 32597542 81605913 2540660 46868 30056882 81559045 TO ENGAGE CREATIVE DONORS AND COMMUNITY PARTNERS IN GRASSROOTS PHILANTHROPY VIA RADICAL COLLABORATION. 0 0 20466322 16490983 0 PHILANTHROPIC VENTURES FOUNDATION (PVF) BRINGS A UNIQUE PERSPECTIVE TO PHILANTHROPY AND THE WAY IT IS CARRIED OUT TO MAXIMIZE IMPACT. WE PROVIDE A VALUABLE AND OTHERWISE UNHEARD VOICE TO THE PHILANTHROPIC SECTOR. WE HAVE BUILT UP LONG-TERM RELATIONSHIPS WITH DONORS, HELPED SHAPE THEIR CHARITABLE GIVING, AND ARE REGARDED AS TRUSTED PHILANTHROPIC ADVISORS TO MANY. OUR APPROACH AND VISION FOR PHILANTHROPY HAVE BEEN BROADCAST THOROUGHLY AND EMBRACED THROUGH OUR RECENT BOOK, GRASSROOTS PHILANTHROPY, PUBLIC SPEAKING ENGAGEMENTS, AND TEACHING. PVF STAFF IS IN CONSTANT COMMUNICATION WITH ITS GRANTEES TO ACT AS AN ADVOCATE IN HELPING THEM SUCCEED IN THEIR WORK. 20466322 1 1 0 0 0 1 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 273 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA AL AK AR CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA RI SC TN VA WA WV WI X X JAMES HIGA 5106451890 1222 PRESERVATION PARK WAY OAKLAND CA 946121201 BILL SOMERVILLE PRESIDENT/FOUNDER 24.00 X X 105290 0 10647 MOIRA C WALSH CHAIRMAN 2.00 X X 0 0 0 JAMES HIGA TREASURER/EXECUTIVE DIRECTOR 32.00 X X 0 0 0 DUNCAN BEARDSLEY DIRECTOR 2.00 X 0 0 0 JAMES R CODY DIRECTOR 2.00 X 0 0 0 KAMBA TSHIONYI DIRECTOR 2.00 X 0 0 0 JACKIE SPEIER DIRECTOR 2.00 X 0 0 0 COLBURN S WILBUR DIRECTOR 2.00 X 0 0 0 ALICIA AGUIRRE DIRECTOR 2.00 X 0 0 0 ADRIENNE TISSIER DIRECTOR (THRU 3/6/23) 2.00 X 0 0 0 DAWN HAWK COO 40.00 X 198000 0 27108 303290 0 37755 2 0 1 0 CS GLOBAL 100 CROSBY STREET SUITE 500 NEW YORK NY 10012 GALA PRODUCTION 783193 CONSULTING WITHIN REACH 1188 BRITTON AVE SAN JOSE CA 95125 NON-PROFIT CAPACITY SUPPORT 367500 THE GLEN PRICE GROUP 719 EL CERRITO PLAZA EL CERRITO CA 94530 UNIVERSAL PRE-K CONSULTANTS 208607 BRUISED FRUIT LLC 8900 HOLLYWOOD HILLS ROAD LOS ANGELES CA 90046 PUBLISHING 150000 BERLINROSEN 15 MAIDEN LANE SUITE 1600 NEW YORK NY 10038 PR & COMMUNICATIONS 146909 7 388770 68851807 7851633 69240577 1611184 1611184 11225127 11054088 171039 171039 171039 71022800 0 0 1782223 10692591 10692591 432448 432448 5365944 5365944 341045 270948 58268 11829 4080432 3251657 749283 79492 35228 27470 3300 4458 33292 25962 3118 4212 42592 33213 3989 5390 15747 15747 111991 20723 91268 286526 286526 371969 371969 2276166 269207 4000 2002959 732924 15052 717134 738 55103 42969 5162 6972 12048 12048 11710 11710 32746 6090 26656 24930502 20466322 2348130 2116050 532174 1118035 5122192 41831980 500000 5137303 5935 3560 26437241 33015035 0 500000 32597542 81605913 38456 46868 2502204 0 2540660 46868 X 23662555 49939603 6394327 31619442 30056882 81559045 32597542 81605913 X 46092298 2822426 3032204 -444765 X 0 1 X 1 0 X 13702918 15249587 18598101 22443026 69240577 139234209 13702918 15249587 18598101 22443026 69240577 139234209 5599135 133635074 322987 304354 353618 319201 1611184 2911344 23 22 45 142145598 25000 0.94010 0.86280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29 65 4097707 25564328 4929889 14438590 48168359 16711084 1 1 0 5894327 672402 208966 201498 6156265 6997447 -889072 214048 5894327 6652845 575488 230886 6997447 5892197 812316 51668 6652845 5081363 997792 186958 5892197 0.00000 0.75533 0.24467 0 0 0 X 73113935 2822426 2822426 70291509 286526 444765 731291 71022800 24643976 0 24643976 286526 286526 24930502 PART V, LINE 4: ENDOWMENT FUNDS ARE UTILIZED AS A SAFETY NET FOR POVERTY COMMUNITY GRANTS, AS WELL AS FOR ADMINISTRATIVE OVERHEAD FOR CONVENING, EDUCATION, AND PLANNING. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND CALIFORNIA FRANCHISE AND/OR INCOME TAXES UNDER SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. AS OF DECEMBER 31, 2023, MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT FOUNDATION HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: PRI WRITE OFF 444,765. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTMAKING 141141 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 22500 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTMAKING 922091 NORTH AMERICA 0 0 GRANTMAKING 574221 SOUTH AMERICA 0 0 GRANTMAKING 1308498 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 1098571 0 0 0 0 0 0 4067022 0 4067022 SUB-SAHARAN AFRICA FAMILY PLANNING 257202 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) SECONDARY SCHOOL SUPPORT 11000 WIRE 0 CENTRAL AMERICA AND THE CARIBBEAN FOR TWO PROJECTS ON REPRODUCTIVE HEALTH 32000 WIRE 0 SOUTH AMERICA SOCIAL WELFARE INITIATIVES IN PARAGUAY 286500 WIRE 0 CENTRAL AMERICA AND THE CARIBBEAN REPRODUCTIVE HEALTH IN MEXICO 72000 WIRE 0 SUB-SAHARAN AFRICA FOR PROGRAMS FOCUSED ON EDUCATION, HEALTH & GIRLS EMPOWERMENT 117421 WIRE 0 SUB-SAHARAN AFRICA CONSERVATION WORK AROUND SOUTH LUANGWA NATIONAL PARK 98100 WIRE 0 SUB-SAHARAN AFRICA EDUCATIONAL PROGRAMS FOR CHILDREN IN UGANDA 227159 WIRE 0 SUB-SAHARAN AFRICA EXPANSION OF 7 FARMS WITH REGARDS TO DRIP LINES AND EXTENDED FENCING 80000 WIRE 0 EAST ASIA AND THE PACIFIC AGRICULTURAL PROGRAM AND FOR ACTIVITIES FOR VOCATIONAL TRAINEES 20000 WIRE 0 SOUTH AMERICA INCREASING ACCESS TO SEXUAL/ REPRODUCTIVE SERVICES 40000 WIRE 0 SOUTH AMERICA SUPPORT FOR SCIENCE MUSEUM 800000 WIRE 0 SOUTH AMERICA TO SUPPORT THE FILM ORIENTAME" 20000 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) TASKRABBIT TEAM WORKSHOP ON DECEMBER 8, 2023 6351 WIRE 0 SUB-SAHARAN AFRICA REPRODUCTIVE HEALTH PROGRAMS 81646 WIRE 0 NORTH AMERICA HEALTH PROGRAMS AROUND THE WORLD 491960 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) WORKFORCE DEVELOPMENT TOOL IN ALAMEDA COUNTY 25000 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) OPERATIONAL COSTS, SCHOOL EQUIPMENT, TEXTBOOKS, AND OTHER SERVICES 324802 WIRE 0 SUB-SAHARAN AFRICA STUDENT SPONSORSHIPS, SCHOOL BUILDING REPAIRS, EQUIPMENT AND MORE 71800 WIRE 0 SUB-SAHARAN AFRICA TO SUPPORT THE TAFIKA FUND FOR GIRLS EDUCATION 20000 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) IN SUPPORT OF THE COLLEGE SCHOLARSHIP PROGRAM 150000 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) SUPPORT OF THE RYDALE MUSIC FESTIVAL AND THE SCARBOROUGH CONCERT 90000 WIRE 0 SOUTH AMERICA SALUD SEXUAL REPRODUCTIVA 86000 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) PARAGUAYAN SCIENCE MUSEUM MUCI EXHIBITION 19937 WIRE 0 NORTH AMERICA SUSTAINABILITY AND COACHING FOR VENTURES 32261 ACH 0 SOUTH AMERICA MUSIC EDUCATION PROGRAM 45000 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) CAPACITY DEVELOPMENT FOR TEACHERS 250000 WIRE 0 SOUTH AMERICA REPRODUCTIVE HEALTH PROJECTS 25000 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) COMPUTING CONNECTIONS RESEARCH FELLOWSHIP 20000 WIRE 0 SUB-SAHARAN AFRICA YOSEFE PRIMARY SCHOOL SCHOLARSHIPS & FUNDING 133643 WIRE 0 CENTRAL AMERICA AND THE CARIBBEAN ENVIRONMENTAL PRESERVATION IN BELIZE 37141 WIRE 0 EUROPE (INCLUDING ICELAND & GREENLAND) TO SUPPORT THE FILM DEVELOPMENT FOR GENERATIVE ART 25000 WIRE 0 SUB-SAHARAN AFRICA COMMUNITY VILLAGE PROJECTS IN ZAMBIA 11600 WIRE 0 NORTH AMERICA BUDGET FOR THE PROJECT FOR RURAL VENEZUELAN WOMEN AND GIRLS 50000 WIRE 0 35 0 0 0 0 0 0 0 PART I, LINE 2: PVF RECEIVES WRITTEN REPORTS ABOUT THE PROGRESS OF THE GRANTEE, WITH LOGS DETAILING HOW FUNDS WERE SPENT. IN ADDITION, PVF UTILIZES REPORTS BY COLLEAGUE GRANTMAKERS, WHO MAKE SITE VISITS TO GRANTEES TO VERIFY THE FOUNDATION GRANTS ARE USED FOR CHARITABLE PURPOSES. 1 1ST PRESBYTERIAN CHURCH OF SANTA ROSA 1550 PACIFIC AVENUE SANTA ROSA CA 95404 501(C)(3) 35000 0 GENERAL SUPPORT ABILITYPATH 350 TWIN DOLPHIN DRIVE SUITE 123 REDWOOD CITY CA 94065 941156502 501(C)(3) 16240 0 GENERAL SUPPORT ABLE WORKS 548 MARKET ST 74511 SAN FRANCISCO CA 94104 202175098 501(C)(3) 20000 0 2023-2024 GENERAL SUPPORT ALAMEDA COUNTY COMMUNITY FOOD BANK PO BOX 2599 OAKLAND CA 94614 942960297 501(C)(3) 10750 0 GENERAL SUPPORT ALLEY-OOP KIDS 37 RINGWOOD AVE ATHERTON CA 94027 832870247 501(C)(3) 10000 0 GENERAL SUPPORT ANITABORG 1650 SOUTH AMPHLETT BOULEVARD SUITE 110 SAN MATEO CA 94402 770480427 501(C)(3) 25000 0 GENERAL SUPPORT ANTHOS HOME 169 MADISON AVENUE 2285 NEW YORK NY 10016 833100968 501(C)(3) 10000 0 MAKING HOMES READY FOR OCCUPANCY ARTS CORPS 4408 DELRIDGE WAY SW 110 SEATTLE WA 98106 912044679 501(C)(3) 13000 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WILDFIRES/RECOVERY 2 20000 WILDFIRE RECOVERY 1 5000 HOUSING SUPPORT 1 2500 REIMBURSEMENTS 5 14204 CAR REPAIRS 1 1680 SILICON VALLEY NEXT 2022-23 FELLOWSHIP 12 12000 TECHNICAL ASSISTANCE 1 1500 OAKLAND THRIVES STEERING COMMITTEE 19 21925 PARENT ENGAGEMENT 3 2411 GRADUATION SHIRTS 1 528 TEXAS BORDER RELIEF 3 20096 FLOOD RELIEF EXPENSE 1 16478 ASYLUM SEEKER SERVICES 1 1500 PART I, LINE 2: PVF CONTINUALLY MAKES SITE VISITS TO GRANTEES TO VERIFY THAT FOUNDATION GRANTS ARE USED FOR CHARITABLE PURPOSES; IN SOME CASES WE HAVE VISITED OVER A DOZEN TIMES. IN ADDITION, PVF RECEIVES WRITTEN REPORTS ABOUT THE PROGRESS OF THE GRANTEE, WITH LOGS DETAILING HOW FUNDS WERE SPENT. X X X X 0 0 0 0 0 0 0 0 0 DAWN HAWK COO 198000 0 0 0 0 0 19800 0 7308 0 225108 0 0 0 X 6 7807332 FMV X CRYPTO CURRENCY 1 38331 FMV 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REFLECTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE ORGANIZATIONS' CHIEF OPERATING OFFICER; ADJUSTMENTS ARE MADE, AS NECESSARY. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY FOR REVIEW AND COMMENT PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAD A WRITTEN CONFLICT OF INTEREST POLICY, WHICH IS REGULARLY AND CONSISTENTLY MONITORED. IF A PERSON HAS A CONFLICT WITH RESPECT TO A TRANSACTION, THEY ARE NOT PERMITTED TO VOTE IN THE DECISION-MAKING PROCESS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR OFFICERS AND KEY EMPLOYEES IS DECIDED ANNUALLY BY THE BOARD OF DIRECTORS. THE PROCESS IS DOCUMENTED AND WAS LAST PERFORMED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS, AND AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION'S 990S AND AUDITED FINANCIAL STATEMENTS ARE POSTED ON PVF'S OWN WEBSITE. FORM 990, PART XI, LINE 9: PRI WRITE OFF -444,765.