1. Directory
  2. California
  3. Palo Alto
  4. Good Ventures Foundation
EIN 46-1008520

Good Ventures Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Palo Alto
State
California
Year formed
2013
Most recent tax filings
2023-06-01
NTEE code, primary
T20: Private Foundations
Description
The Good Ventures Foundation is a private foundation located in Palo Alto, CA, that primarily funds educational scholarships and research initiatives, including a long-term future scholarship program and a global risk research program. The foundation also supports an AI fellows program and has made 464 grants last year, benefiting organizations such as Georgetown University.
Total revenues
$2,206,469,589
2023
Total expenses
$423,383,550
2023
Total assets
$5,863,998,880
2023
Num. employees
0
2023

Grants made by Good Ventures Foundation

GranteeGrant descriptionAmount
Georgetown UniversityCenter for Security and Emerging Technology$17,890,000
Horizon Institute for Public ServiceGeneral Support$11,837,990
RAND Corporation (RAND)General Support$10,500,000
...and 164 more grants made totalling $222,949,839

Personnel at Good Ventures Foundation

NameTitleCompensation
Tom van Loben SelsAssistant Secretary$0

Financials for Good Ventures Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,911,407,931
Investment income and dividends$54,588,798
Net rental income$0
Net gain from sale of non-inventory assets$7,427,305
Gross sales of inventory$0
Miscellaneous revenues$233,045,555
Total revenues$2,206,469,589

Form 990s for Good Ventures Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990PFView PDF
2022-062023-05-15990PFView PDF
2021-062022-05-12990PFView PDF
2020-062021-06-23990PFView PDF
2019-062020-10-22990PRView PDF
...and 6 more Form 990s

Organizations like Good Ventures Foundation

OrganizationLocationRevenue
Lilly EndowmentIndianapolis, IN$2,061,897,636
Gordon E and Betty I Moore FoundationPalo Alto, CA$654,188,442
The Susan Thompson Buffett FoundationOmaha, NE$1,270,458,581
Pivotal Philanthropies FoundationRedmond, WA$647,072,863
Bloomberg PhilanthropiesNew York, NY$1,721,399,047
Open Society FoundationsNew York, NY$677,301,845
Laura and John Arnold FoundationHouston, TX$766,581,426
Ahimsa FoundationNiwot, CO$581,102,746
Sergey Brin Family FoundationSan Francisco, CA$805,946,506
The Leona M and Harry B Helmsley Charitable TrustNew York, NY$629,133,449
Data update history
August 10, 2024
Posted financials
Added Form 990PF for fiscal year 2023
July 12, 2024
Used new vendors
Identified 2 new vendors, including , and
August 9, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 9, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 27, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
314 Lytton Ave
Palo Alto, CA 94301
Metro area
San Jose-Sunnyvale-Santa Clara, CA
County
Santa Clara County, CA
Website URL
goodventures.org/ 
Phone
(650) 804-7100
IRS details
EIN
46-1008520
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private 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
CT0189314
FTB Entity ID
3504459
AB 488 data last updated ("as-of") date
2024-12-04
Free account sign-up

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

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy