The Skoll Fund
DBA: SKOLL FUND
CATALYZE TRANSFORMATIONAL SOCIAL CHANGE BY INVESTING IN, CONNECTING, AND CHAMPIONING SOCIAL ENTREPRENEURS AND OTHER SOCIAL INNOVATORS WHO TOGETHER ADVANCE BOLD AND EQUITABLE SOLUTIONS TO THE WORLD'S MOST PRESSING PROBLEMS.
IRS Tax Year 2024
Period ending December 31, 2024
Total Revenue
$75.2M
Total Expenses
$59.6M
Net Assets
$923.5M
Employees
0
Volunteers
7
Grants Paid
$56.1M
Program Expense Ratio
94.3%
This nonprofit profile presents IRS Form 990 tax filing data for The Skoll Fund (EIN: 77-0528216), based on the 2024 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, top independent contractors, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
The Skoll Fund is a 501(c)(3) nonprofit headquartered in MOUNTAIN VIEW, CA, founded in 1999. It is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2000. In its 2024 filing, the organization reported $75.2M in total revenue, a 131.3% increase from the prior year, and $59.6M in total expenses. The organization engaged 7 volunteers. The organization runs 3 programs, totaling $56.3M in program expenses. 3 of 6 recommended governance policies are in place.
The Skoll Fund is classified under NTEE code T11 (Single Organization Support), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 17.
Programs(Tax Year 2024)
3 records
The Skoll Fund operates 3 programs, with total program expenses of $56.3M. The Skoll Fund's largest program accounts for 84% of total program spending.
INVEST - WE INVEST IN SOCIAL ENTREPRENEURS AND OTHER SOCIAL INNOVATORS WHO OFFER A COMPELLING VISION, CREATIVE SOLUTIONS, AND PROVEN APPROACHES.
CONNECT & CHAMPION - WE CONNECT OUR COMMUNITY TO DRIVE TOWARDS TRANSFORMATIONAL CHANGE THROUGH OUR GLOBAL NETWORK AND CONVENINGS LIKE THE SKOLL WORLD FORUM TO SHARE LEARNINGS, JOIN FORCES, AND ACHIEVE AMBITIOUS GOALS WITH OTHER SOCIAL INNOVATORS, FUNDERS, AND KEY STAKEHOLDERS. WE USE OUR VOICE AND GLOBAL AUDIENCE TO CHAMPION THE WORK OF SOCIAL INNOVATORS, HELPING EXTEND THEIR REACH AND EXPAND THEIR IMPACT. COMBINING STORYTELLING, THOUGHT LEADERSHIP, AND STRATEGIC ALLIANCES, WE SUPPORT ORGANIZATIONS TO MOBILIZE MORE RESOURCES AND CREATE MOMENTUM FOR LASTING SOCIAL CHANGE
SPECIAL OPPORTUNITY & OTHER - WE SUPPORT TIMELY OPPORTUNITIES THAT HELP ADVANCE THE FOUNDATION'S MISSION
Financial Overview(Tax Years 2019–2024)
6 records
Over the past 6 years, The Skoll Fund's revenue has grown from $58.3M to $75.2M, a 29.0% increase. Program expenses represent 94% of total spending.
Revenue increased 131.3% year-over-year, while expenses grew 10.7%. net assets rose to $923.5M, up 8.5% from the prior year.
The Skoll Fund derives 44% from contributions and grants, with 56% from investment income.
Revenue is diversified across investment income (56%), contributions and grants (44%).
The Skoll Fund allocates 94% to programs, 6% to management and general.
Revenue grew by 131.3% while expenses grew by only 10.7%, suggesting improving operational efficiency.
The Skoll Fund distributed $56.1M in grants to other organizations and individuals, representing 94% of total expenses.
Over 6 filings from 2019–2024, The Skoll Fund grew revenue from $58.3M to $75.2M (+29.0%) while maintaining a program expense ratio of 94%.
The Skoll Fund holds $945.8M in total assets against $22.3M in liabilities (debt-to-asset ratio of 2%). The organization has 185.8 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2024 | $75.2M | $33.0M | $0 | $0 | $42.2M |
| 2023 | $32.5M | $0 | $0 | $0 | $32.5M |
| 2022 | $41.6M | $11.9M | $0 | $0 | $29.7M |
| 2021 | $96.7M | $0 | $0 | $0 | $96.7M |
| 2020 | $115.9M | $75.6M | $0 | $0 | $40.3M |
| 2019 | $58.3M | $21.5M | $0 | $0 | $36.8M |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2024 | $59.6M | $56.3M | $3.4M | $0 | $56.1M |
| 2023 | $53.9M | $51.1M | $222K | $0 | $50.9M |
| 2022 | $3.9M | $379K | $3.5M | $0 | $250K |
| 2021 | $30.6M | $26.7M | $3.9M | $0 | $26.6M |
| 2020 | $54.7M | $53.0M | $1.7M | $0 | $52.9M |
| 2019 | $18.0M | $16.6M | $1.4M | $0 | $16.5M |
Program Expense Ratio
94.3%
Admin Expense Ratio
5.7%
Fundraising Efficiency
—
Operating Reserve
185.8 mo
People & Compensation(Tax Year 2024)
11 records
The Skoll Fund reported compensation for 11 officers and key employees.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| JAMES GB DEMARTINI III | CHAIR, DONOR CLASS DIRECTOR | Director | 0.50 | $0 | $0 | $0 |
| SHASHI BULUSWAR | DONOR CLASS DIRECTOR | Director | 0.50 | $0 | $0 | $0 |
| CHERYL DORSEY | CONTROLLING ORGANIZATION CLASS DIRECTOR | Director | 0.50 | $0 | $0 | $0 |
| PAT MITCHELL | CONTROLLING ORGANIZATION CLASS DIRECTOR | Director | 0.50 | $0 | $0 | $0 |
| RAJESH PANJABI | CONTROLLING ORGANIZATION CLASS DIRECTOR | Director | 0.50 | $0 | $0 | $0 |
| GAYLE SMITH | CONTROLLING ORGANIZATION CLASS DIRECTOR | Director | 0.50 | $0 | $0 | $0 |
| LINDSEY SPINDLE | DONOR CLASS DIRECTOR | Director | 0.50 | $0 | $0 | $0 |
| MARLA BLOW | PRESIDENT | Officer | 0.50 | $0 | $0 | $0 |
| BRUCE LOWRY | SECRETARY | Officer | 0.50 | $0 | $0 | $0 |
| DEBBIE SANTOS | TREASURER | Officer | 0.50 | $0 | $0 | $0 |
| DON GIPS | CHIEF EXECUTIVE OFFICER | Officer | 0.50 | $0 | $0 | $0 |
Top Contractors(Tax Year 2024)
5 records
The Skoll Fund reported 5 contractors receiving over $100,000, with total contractor payments of $872K.
| Name | Service | Compensation |
|---|---|---|
| SVCF | MANAGEMENT FEES | $258,492 |
| CAPRICORN - LIBRA INVESTMENT GROUP LP | INVESTMENT MANAGEMENT | $168,135 |
| TECHNOLOGY IMPACT FUND II | INVESTMENT MANAGEMENT | $150,000 |
| COPENHAGEN INFRASTRUCTURE ENERGY TRANSIT | INVESTMENT MANAGEMENT | $148,942 |
| SUSTAINABLE ASSET FUND IV (US FEEDER) L | INVESTMENT MANAGEMENT | $146,250 |
Governance & Compliance(Tax Year 2024)
The Skoll Fund has 3 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 7 members, 7 of whom are independent.
The Skoll Fund's financial statements are audited, an audit committee oversees the process.
The Skoll Fund has family or business relationships among officers, directors, or key employees, and delegates management duties to an outside firm.
Policies & Oversight
Audit & Financial Oversight
Grants Awarded(Tax Year 2024)
147 records
The Skoll Fund awarded $51.7M across 147 grants to organizations. Top recipients include MAYO CLINIC (ROCHESTER, MN) — $4.5M for general nonprofit support; PANORAMA GLOBAL (SEATTLE, WA) — $3.2M for general nonprofit support; THE ALLIANCE FOR CLIMATE PROTECTION (WASHINGTON, DC) — $3.0M for environment.
Organization Grants
| Recipient | Location | Amount | Purpose |
|---|---|---|---|
| MAYO CLINIC416011702 | ROCHESTER, MN | $4.5M | GENERAL NONPROFIT SUPPORT |
| PANORAMA GLOBAL814204119 | SEATTLE, WA | $3.2M | GENERAL NONPROFIT SUPPORT |
| THE ALLIANCE FOR CLIMATE PROTECTION870745629 | WASHINGTON, DC | $3.0M | ENVIRONMENT |
| NEW VENTURE FUND205806345 | WASHINGTON, DC | $2.2M | CIVIL PARTICIPATION |
| EARTHENABLE INC465540643 | WESTON, MA | $2.0M | GENERAL NONPROFIT SUPPORT |
| MUSO INC203171837 | SAN FRANCISCO, CA | $2.0M | COMMUNITY DEVELOPMENT |
| HEALTHY KIDS BRIGHTER FUTURE INCORPORATED043506482 | BRUNSWICK, ME | $2.0M | GENERAL NONPROFIT SUPPORT |
| FINANCING ALLIANCE FOR HEALTH850976806 | BETHLEHEM, PA | $2.0M | HEALTH |
| RIGHTS AND RESOURCES INSTITUTE INC203690821 | WASHINGTON, DC | $2.0M | ENVIRONMENT |
| INTERNATIONAL FOUNDATION FOR VALUING IMPACTS INC883171997 | BOSTON, MA | $1.5M | COMMUNITY DEVELOPMENT |
| COLUMBIA UNIVERSITY135598093 | NEW YORK, NY | $1.5M | HEALTH |
| CONTINA IMPACT364657870 | BERKELEY, CA | $1.1M | CIVIL PARTICIPATION |
| BUILD HEALTH INTERNATIONAL INC464300024 | BEVERLY, MA | $1.0M | HEALTH |
| VOTERUNLEAD464285577 | HARTSDALE, NY | $1.0M | GENERAL NONPROFIT SUPPORT |
| AVINA AMERICAS INC263525897 | WASHINGTON, DC | $1.0M | ENVIRONMENT |
| EQUIS INSTITUTE871337465 | WASHINGTON, DC | $1.0M | CIVIL PARTICIPATION |
| ISSUE ONE320384285 | WASHINGTON, DC | $850K | CIVIL PARTICIPATION |
| ROCKEFELLER PHILANTHROPY ADVISORS133615533 | NEW YORK, NY | $835K | ARTS & CULTURE |
| CERES INC223053747 | BOSTON, MA | $750K | ENVIRONMENT |
| PUSHBLACK813834388 | WASHINGTON, DC | $750K | CIVIL PARTICIPATION |
Showing 20 of 147 grants.
Foreign Activities(Tax Year 2024)
Activities span CENTRAL AMERICA AND THE CARIBBEAN, EUROPE, SUB-SAHARAN AFRICA, SOUTH ASIA, NORTH AMERICA.
Regions & Countries
| Region / Country | Activity | Expenditure |
|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | — | — |
| EUROPE | — | — |
| SUB-SAHARAN AFRICA | — | — |
| SOUTH ASIA | — | — |
| NORTH AMERICA | — | — |
| EUROPE | — | — |
| SUB-SAHARAN AFRICA | — | — |
| SOUTH AMERICA | — | — |
Filing History(Tax Years 2000–2024)
6 records
Showing the 6 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2024 | 990 | 2024-01-01 – 2024-12-31 | $75.2M | $59.6M | $923.5M |
| 2023 | 990 | 2023-01-01 – 2023-12-31 | $32.5M | $53.9M | $851.1M |
| 2022 | 990 | 2022-01-01 – 2022-12-31 | $41.6M | $3.9M | $784.4M |
| 2021 | 990 | 2021-01-01 – 2021-12-31 | $96.7M | $30.6M | $886.9M |
| 2020 | 990 | 2020-01-01 – 2020-12-31 | $115.9M | $54.7M | $883.2M |
| 2019 | 990 | 2019-01-01 – 2019-12-31 | $58.3M | $18.0M | $614.8M |
| 2000–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does The Skoll Fund do?
CATALYZE TRANSFORMATIONAL SOCIAL CHANGE BY INVESTING IN, CONNECTING, AND CHAMPIONING SOCIAL ENTREPRENEURS AND OTHER SOCIAL INNOVATORS WHO TOGETHER ADVANCE BOLD AND EQUITABLE SOLUTIONS TO THE WORLD'S MOST PRESSING PROBLEMS.
How much revenue does The Skoll Fund have?
The Skoll Fund reported $75,248,928 in total revenue for tax year 2024, up 131.3% from the prior year.
Who is the highest-paid executive at The Skoll Fund?
JAMES GB DEMARTINI III, CHAIR, DONOR CLASS DIRECTOR, received $0 in total compensation as of tax year 2024.
Is The Skoll Fund a 501(c)(3)?
Yes, The Skoll Fund is classified as a 501(c)(3) tax-exempt organization.
Where is The Skoll Fund located?
The Skoll Fund is headquartered in MOUNTAIN VIEW, CA 94040.
What type of nonprofit is The Skoll Fund?
The Skoll Fund is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.
Is The Skoll Fund audited?
Yes, The Skoll Fund's financial statements are audited, and the organization has an audit committee.
Does The Skoll Fund give grants?
Yes, The Skoll Fund distributed $56,133,469 in grants to other organizations and individuals in tax year 2024. Top recipients include MAYO CLINIC, PANORAMA GLOBAL, THE ALLIANCE FOR CLIMATE PROTECTION.
Does The Skoll Fund operate internationally?
Yes, The Skoll Fund conducts activities outside the United States. Activities span CENTRAL AMERICA AND THE CARIBBEAN, EUROPE, SUB-SAHARAN AFRICA, SOUTH ASIA, NORTH AMERICA.
Data Source
Prepared by: BAKER TILLY ADVISORY GROUP LP, STOCKTON, CA
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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