OPENCOLLECTIVE FOUNDATION

COVINA, CA, 91723-1722 (212) 967-1100 Est. 2016 EIN 81-4004928
T30— Philanthropy & Grantmaking Form 990 501(c)(3)
HTTPS://OPENCOLLECTIVE.COM/

Mission

THE FOUNDATION'S MISSION IS TO PROMOTE 1) CHARITABLE PROJECTS AIMED AT INCREASING ACCESS TO EDUCATIONAL RESOURCES AND TRAINING 2) CHARITABLE PROJECTS AIMED AT CREATING A POSITIVE SOCIAL IMPACT AND 3) CHARITABLE PROJECTS AIMED AT DEVELOPING TOOLS TO IMPROVE CIVIC PARTICIPATION.

Giving Portfolio

Total Grants
18
Total Giving
$1.2M
Recipients
14
Years Active
2022 - 2024
Avg grant: $72,653 Median: $85,139

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20244$429K $107K13
20236$484K $81K60
20228$241K $30K40

Sectors Funded

Education
6
International & Foreign Affairs
2
Science & Technology
2
Social Science
2

Top States

California
4
New York
3
Texas
2
Massachusetts
2
Delaware
2
Oregon
2
Pennsylvania
2
Washington
1

Grantee Size Profile

Over $50M
7
$10M - $50M
2
$1M - $5M
2
$5M - $10M
2

Top Grantees

$220K
LAWRENCE BERKELEY NATIONAL LABORATORY
CA - 2 grants
$198K
NY - 2 grants
$100K
THE PENNSYLVANIA STATE UNIVERSITY
PA - 2 grants
$80K
DE - 2 grants
$42K
UNIVERSITY OF WASHINGTON
WA
$39K
and 1 more grantees

Grants Awarded · 13 grants

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Financials

Total Revenue
$3,517,192
Total Expenses
$22,798,813
Net Assets
$812,452
35 employees 2 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
0.4 months Low
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 84.8%
Expenses ↑ 27.3%
Revenue Sources
Contributions 82.3% Earned revenue 7.4% Investment 10.3%
Expense Breakdown
Program 97.2% Management 2.8%

Officers & Trustees (3)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$3,517,192 $22,798,813$812,452
2023 Form 990$23,106,368 $17,904,379$20,094,073
2022 Form 990$28,502,921 $18,373,049$14,892,084
2022 Form 990$27,447,708 $18,312,835$13,897,085
2020 Form 990$4,842,808 $2,635,322$2,242,528
2018 Form 990-EZ$2,332 $91$2,241

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EIN: 81-4004928 · Source: IRS Form 990 e-file data