EIN 47-4172718

Givinga Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2015
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Givinga Foundation empowers donors of all sizes through a transparent and accountable public charity platform that provides access to world class giving accounts and promotes active and consistent giving. The foundation fulfills its mission to make philanthropy accessible to everyone in five principal ways. It is an independent 501(3) public charity that receives a substantial percentage of its donations from the public and that support comes from Wellesley, MA.
Total revenues
$18,779,918
2023
Total expenses
$20,160,993
2023
Total assets
$2,336,575
2023
Num. employees
0
2023

Program areas at Givinga Foundation

The Givinga Foundation fulfills our mission to make philanthropy accessible to everyone in five principal ways: 1. We are an independent 501(3) public charity we receive a substantial percentage of our donations from the public and that support comes from a broad and diverse number of individuals, families and companies. We are not an "affiliated non-profit entity" of a larger financial institution. We don't support a specific community, geography or religious organization. Instead, the Givinga Foundation is a sponsoring organization built and designed to support the charitable giving activities of all its individual account holders equally. 2. We believe donor advised funds should be accessible to all and we have built a platform that removes high minimums required to open an account, high minimum grant requirements and asset under management fees that promote accumulation versus giving activities to give small and mid-sized philanthropists a platform to organize their giving strategies. We believe that the daf is one of the most efficient and effective giving vehicles in the market today and have created a platform that is accessible to donors of any size. What this means is that anyone can create an account with the Givinga Foundation and have access to all of the tools necessary to maximize their impact 3. We facilitate amplified giving. Technology has improved many aspects of our daily lives and we believe that it can do the same for giving. Our partnership with Givinga, Inc. Allows the Foundation to provide our account holders with unprecedented access to pools of giving capital as well as the ability to connect with other philanthropists that share their passion. Our campaign platform allows anyone with an account to create a cause-specific campaigns and share with their friends, familyand social networks. Account holders create and giving, Inc. Provides reporting, and=ministration and tax receipting. In addition, our account holders have access to multiple pools of additional capital (we call these pools amplifiers) to increase the total impact of the grant.4. We follow an "assets in motion" philosophy the Givinga Foundation has created a revolutionary sponsoring organization that aligns all parties around granting versus accumulating assets. Donor advised funds provide unprecedented flexibility to account holders and are not subject to excise taxes, payout rules or disclosure requirements. The gf platform has been developed to maximize account holder impact and is structured and priced around active grant making. In partnership with our administrative provider Givinga, Inc. we have created the first zero fee structure in the united states. We charge no start-up fee, no fees based on assets under management and no fees on account holder assets granted directly to charity. In addition, we adhere to a "breakeven" model of administration, directing all annual excess revenues back in direct support of our account holders.

Grants made by Givinga Foundation

GranteeGrant descriptionAmount
Cooperative for Assistance and Relief EverywhereProgram Support$918,128
Hope for the DayProgram Support$725,025
Games For LoveProgram Support$532,767
...and 319 more grants made totalling $8,409,555

Who funds Givinga Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Red Wing Shoe Company FoundationCommunity Development$530,600
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$237,550
Akamai Foundation25th Anniversary Fund$200,000
...and 25 more grants received totalling $1,543,546

Personnel at Givinga Foundation

NameTitleCompensation
Bill O'BrienExecutive Director
Willis C O'BrienExecutive Director and Director / Executive Director / Secretary and Director$0
Joseph PhoenixPresident$0
David GilmartinSecretary and Director$0

Financials for Givinga Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$18,779,903
Program services$0
Investment income and dividends$15
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$18,779,918

Form 990s for Givinga Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122024-02-05990View PDF
2022-122023-11-15990View PDF
2021-122023-04-07990View PDF
2021-122022-11-15990View PDF
2020-122023-04-07990View PDF
...and 3 more Form 990s

Organizations like Givinga Foundation

OrganizationLocationRevenue
Goldman Sachs GivesNew York, NY$56,851,698
NPT Charitable Asset Trust (NPTCAT)Jenkintown, PA$7,435,223
LJ Midge Verplank Community Impact FundGrand Haven, MI$5,058,193
GiveClear FoundationCharlotte, NC$26,518,335
Mightycause Charitable FoundationMarianna, FL$86,269,830
Faithful Journey FoundationLancaster, PA$6,410,576
DailyKarma FoundationCape Elizabeth, ME$9,265,616
CharityvestAtlanta, GA$32,960,498
Pledgeling FoundationSan Francisco, CA$59,729,499
Centracare Health FoundationSaint Cloud, MN$11,665,508
Data update history
November 26, 2024
Received grants
Identified 7 new grant, including a grant for $530,600 from Red Wing Shoe Company Foundation
November 25, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Received grants
Identified 15 new grant, including a grant for $55,560 from American Online Giving Foundation
December 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 23, 2023
Received grants
Identified 2 new grant, including a grant for $121,726 from Akamai Foundation
Nonprofit Types
Grantmaking organizationsCorporate foundationsCharitiesDonor Advised Funds (DAFs)
Issues
No issues found
Characteristics
Operates donor advised fundsProvides grantsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
396 Washington St
Wellesley, MA 02481
Metro area
Boston-Cambridge-Newton, MA-NH
County
Norfolk County, MA
Website URL
givingafoundation.org/ 
Phone
(339) 200-9064
IRS details
EIN
47-4172718
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0289362
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-12-31
Free account sign-up

Want updates when Givinga Foundation has new information, or want to find more organizations like Givinga Foundation?

Create free Cause IQ account