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EIN 20-3846597

The Thiel Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
City
Los Angeles
State
California
Year formed
2006
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Thiel Foundation is a private foundation located in West Hollywood, CA that made 12 grants last year. Its purpose is to support recovered grants and its breakout labs program. Some of its grantees include Napigen Inc.
Total revenues
$8,240,688
2023
Total expenses
$3,316,210
2023
Total assets
$44,447,969
2023
Num. employees
2
2023

Program areas at The Thiel Foundation

The recovered grant income is related to The Foundation's grant
Program, some of which includes grants that, if The grantee achieves
Outside equity financing, The Foundation has The opportunity to
Recover The grant and invest on favorable terms.

Grants made by The Thiel Foundation

GranteeGrant descriptionAmount
Leo Strauss FoundationGeneral Foundation Grant$100,000
The Cornerstone ForumImitatio Grant$65,000
Lumen Christi InstituteImitatio Grant$60,000
...and 2 more grants made

Personnel at The Thiel Foundation

NameTitleCompensation
Peter ThielFounder$0
Steve FriedlanderProgram Manager$135,109
David WheelockInterim President
Alana AckersonPast Executive Director$310,753

Financials for The Thiel Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$4,000,000
Investment income and dividends$178,921
Net rental income$0
Net gain from sale of non-inventory assets$2,508,328
Gross sales of inventory$0
Miscellaneous revenues$1,553,439
Total revenues$8,240,688

Form 990s for The Thiel Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990PFView PDF
2022-122023-11-16990PFView PDF
2021-122023-11-21990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
...and 10 more Form 990s
Data update history
April 7, 2024
Used new vendors
Identified 1 new vendor, including
December 29, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 29, 2023
Updated personnel
Identified 2 new personnel
December 24, 2023
Used new vendors
Identified 1 new vendor, including
August 5, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
2121 Ave of the Stars 3300
Los Angeles, CA 90067
Metro area
Los Angeles-Long Beach-Anaheim, CA
Website URL
thielfoundation.org/ 
Phone
(323) 990-2000
Facebook page
ThielFoundation 
IRS details
EIN
20-3846597
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2006
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 - In Process
FTB status revoked
Not revoked
AG Registration Number
129725
FTB Entity ID
2860243
AB 488 data last updated ("as-of") date
2025-02-05
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