2024-11-15T13:49:38-06:00 2023-12-31 262246506 APERCEN PARTNERS LLC 314 LYTTON AVE PALO ALTO CA 94301 990 2023-01-01 810737472 OPEN PHILANTHROPY OPEN 6508047100 314 LYTTON AVE PALO ALTO CA 94301 TOM VAN LOBEN SELS TREASURER 6508047100 2024-11-15 1 1 JACOB J ZEHNDER P01564049 6508047100 2023 2024-10-15 13:58:12Z CARI TUNA 314 LYTTON AVE PALO ALTO CA 94301 10412720 0 X N/A X 2015 CA TO STUDY AND ENGAGE IN RESEARCH TO IMPROVE THE EFFECTIVENESS AND IMPACT OF PHILANTHROPIC GIVING 5 5 27 6 0 0 1964308 2008061 0 0 622381 1097763 0 2622 2586689 3108446 1400 0 0 0 2161543 3741930 0 0 0 574556 1205288 2737499 4947218 -150810 -1838772 27196579 26628515 62321 263058 27134258 26365457 THE MISSION OF OPEN PHILANTHROPY IS TO STUDY AND TO ENGAGE IN RESEARCH ANALYZING THE MOST PROMISING OPTIONS FOR ENSURING THAT PHILANTHROPY HAS A LASTING IMPACT ON IMPROVING THE LIVES OF AS MANY PEOPLE AS POSSIBLE. 0 0 4722856 0 THE ORGANIZATION ENGAGES IN STUDY AND RESEARCH TO DEVELOP DATA AND NEW INSIGHTS TO ASSIST PHILANTHROPIC ORGANIZATIONS AND THE GENERAL PUBLIC IMPROVE THE EFFECTIVENESS AND IMPACT OF THEIR OWN GIVING. THROUGH STUDY AND RESEARCH, THE ORGANIZATION IS GAINING LEARNING AND EXPERIENCE ABOUT THE CAUSES ACROSS PHILANTHROPIC CATEGORIES, INCLUDING DIRECT AID, RESEARCH AND DEVELOPMENT, AND POLICY ADVOCACY, SO THAT FUTURE GIVING WILL HAVE THE BROADEST AND MOST MEANINGFUL LONG-TERM IMPACT ON THE LIVES OF AS MANY PEOPLE AS POSSIBLE. 4722856 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 5 0 1 27 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X APERCEN PARTNERS LLC 6508047100 314 LYTTON AVE PALO ALTO CA 94301 X DAVID ROODMAN SENIOR ADVISOR 40.00 X 261037 0 79691 HEATHER YOUNGS SENIOR PROGRAM OFFICER 40.00 X 279744 0 45142 BASTIAN STERN PROGRAM OFFICER 40.00 X 222129 0 31556 JAMES SNOWDEN SENIOR PROGRAM OFFICER 40.00 X 203016 0 31596 TOM DAVIDSON SENIOR RESEARCH FELLOW 40.00 X 184133 0 31054 CARI TUNA PRESIDENT/DIRECTOR 0.50 3.00 X X 0 0 0 ALEXANDER BERGER CEO/DIRECTOR (CO-CEO THRU 7/23/23) 2.00 2.00 X X 0 0 0 HOLDEN KARNOFSKY DIRECTOR (CO-CEO THRU 7/23/23) 2.00 2.00 X X 0 0 0 DIVESH MAKAN SECRETARY/DIRECTOR 0.50 1.50 X X 0 0 0 DUSTIN MOSKOVITZ DIRECTOR 0.50 1.50 X 0 0 0 TOM VAN LOBEN SELS TREASURER 0.50 1.50 X 0 0 0 1150059 0 219039 14 0 1 0 PHILANTHROPIC SERVICES CORP 314 LYTTON AVE PALO ALTO CA 94301 RESEARCH ADMINISTRATION 395000 1 2008061 2008061 609228 609228 7792809 7304274 488535 488535 488535 OTHER INCOME 900099 2622 2622 2622 3108446 0 0 1100385 X 2820226 2820226 340246 340246 366274 366274 215184 215184 6003 6003 23624 23624 893485 768586 124899 22793 20721 2072 26628 17895 8733 22085 21846 239 145751 145751 6629 6127 502 3803 3803 5645 5645 INVESTMENT EXPENSES 48842 48842 4947218 4722856 224362 0 1542003 548492 2168675 4537374 291631 106745 40756 53991 29916 7463 5740 22453 23147774 21359460 27196579 26628515 62321 263058 62321 263058 X 27134258 26365457 27134258 26365457 27196579 26628515 -1838772 1069971 0 X 0 1 X 1 0 X 75000 2000833 1707383 1964308 2008061 7755585 75000 2000833 1707383 1964308 2008061 7755585 1723203 6032382 704389 588283 607860 516905 609228 3026665 2622 2622 10784872 0.55930 0.90760 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 29916 7463 22453 22453 X 4339442 1069971 291609 1361580 2977862 130584 130584 3108446 5108243 291609 291609 4816634 130584 130584 4947218 PART X, LINE 2: FINE 48 (ASC 740) UNCERTAIN TAX POSITIONS FINANCIAL STATEMENTS FOOTNOTE: THE ORGANIZATION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO INCOME TAX MATTERS IN FEDERAL TAX EXPENSE. THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2023 AND 2022. X X 1 1 0 0 0 0 0 0 0 1 0 DAVID ROODMAN SENIOR ADVISOR 253535 0 0 0 7502 0 20000 0 59691 0 340728 0 0 0 HEATHER YOUNGS SENIOR PROGRAM OFFICER 276406 0 0 0 3338 0 20000 0 25142 0 324886 0 0 0 BASTIAN STERN PROGRAM OFFICER 143949 0 0 0 78180 0 20000 0 11556 0 253685 0 0 0 JAMES SNOWDEN SENIOR PROGRAM OFFICER 200984 0 0 0 2032 0 20000 0 11596 0 234612 0 0 0 TOM DAVIDSON SENIOR RESEARCH FELLOW 177081 0 0 0 7052 0 20000 0 11054 0 215187 0 0 0 PART I, LINE 1A THE ORGANIZATION ADOPTED AN EXPENSE REIMBURSEMENT POLICY THAT PERMITS EMPLOYEES TO EXPENSE CERTAIN BUSINESS AND PERSONAL GOODS AND SERVICES, PROVIDED THAT THE GOODS AND SERVICES WILL INCREASE WORK PRODUCTIVITY. PURSUANT TO AN ACCOUNTABLE PLAN, EMPLOYEES MUST SUBMIT ALL EXPENSES WITH A DESCRIPTION OF THE BUSINESS PURPOSE, AND THE ORGANIZATION REVIEWS AND APPROVES ALL EXPENSES FOR REASONABLENESS PRIOR TO APPROVING REIMBURSEMENT. ALL REIMBURSABLE EXPENSES THAT ARE NOT DEDUCTIBLE BUSINESS EXPENSES ARE TREATED AS WAGES TO THE EMPLOYEES. THREE HIGHEST-COMPENSATED EMPLOYEES LISTED IN SCHEDULE J PART II RECEIVED SUCH PAYMENTS DURING 2023. PART I, LINE 7 THE ORGANIZATION ADOPTED AN EXPENSE REIMBURSEMENT POLICY THAT PERMITS EMPLOYEES TO EXPENSE CERTAIN BUSINESS AND PERSONAL GOODS AND SERVICES, PROVIDED THAT THE GOODS AND SERVICES WILL INCREASE WORK PRODUCTIVITY. PURSUANT TO AN ACCOUNTABLE PLAN, EMPLOYEES MUST SUBMIT ALL EXPENSES WITH A DESCRIPTION OF THE BUSINESS PURPOSE, AND THE ORGANIZATION REVIEWS AND APPROVES ALL EXPENSES FOR REASONABLENESS PRIOR TO APPROVING REIMBURSEMENT. ALL REIMBURSABLE EXPENSES THAT ARE NOT DEDUCTIBLE BUSINESS EXPENSES ARE TREATED AS WAGES TO THE EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS DUSTIN MOSKOVITZ AND CARI TUNA HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND LEGAL COUNSEL AND THEN DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS, KEY EMPLOYEES, COMMITTEE MEMBERS, SPOUSES OR DOMESTIC PARTNERS OF ANY OF THE LISTED PEOPLE, AND FORMER OFFICERS, DIRECTORS OR KEY EMPLOYEES WHO SERVED IN SUCH CAPACITY WITHIN THE FIVE PREVIOUS YEARS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, A COVERED PERSON MUST IMMEDIATELY DISCLOSE TO THE BOARD, COMMITTEE OR BOARD DESIGNEE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST OR ANY DISCLOSABLE RELATIONSHIPS. ALL NEWLY APPOINTED OR ELECTED BOARD MEMBERS OR OFFICERS SHALL DISCLOSE ALL KNOWN CONFLICTS OF INTEREST AND DISCLOSABLE RELATIONSHIPS UPON ASSUMPTION OF THEIR DUTIES, AND SHOULD A CONFLICT OF INTEREST OR DISCLOSABLE RELATIONSHIP DEVELOP, MUST IMMEDIATELY DISCLOSE TO THE BOARD, COMMITTEE OR BOARD DESIGNEE SUCH ACTUAL OR POSSIBLE CONFLICT OF INTEREST OR DISCLOSABLE RELATIONSHIP. AFTER A POTENTIAL CONFLICT HAS BEEN DISCLOSED, THE BOARD OR COMMITTEE SHALL DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF THE BOARD OR COMMITTEE DETERMINES THAT A COVERED PERSON HAS A FINANCIAL INTEREST, THEN IT WILL BE INVESTIGATED AND DETERMINED BY A MAJORITY VOTE OF THE DISINTERESTED BOARD MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTERESTS. COVERED PERSONS ARE REQUIRED TO REVIEW AND CERTIFY COMPLIANCE WITH THE POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST WHEN REQUIRED BY FEDERAL OR STATE LAW. FORM 990, PART IX, LINE 11G RESEARCH ADMINISTRATION SERVICES: PROGRAM SERVICE EXPENSES 752,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 752,000. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 16,586. MANAGEMENT AND GENERAL EXPENSES 124,899. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 141,485. OPEN PHILANTHROPY ACTION FUND 314 LYTTON AVE PALO ALTO CA 94301 812644663 PHILANTHROPY CA 501(C)(4) N/A N/A 1 GOOD VENTURES FOUNDATION 314 LYTTON AVE PALO ALTO CA 94301 461008520 PHILANTHROPY CA 501(C)(3) PF N/A 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0