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Nonprofit · EIN 45-4860788

SILICON SCHOOLS FUND INC

Tax-exempt · OAKLAND, CA 94607

Financials

$7.6M$7.9M2023$8.2M$8.6M2024
Revenue Expenses · by fiscal year end
Financials of SILICON SCHOOLS FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,239,053$8,614,408-$375,355$26,689,403$642,055$26,047,348
December 31, 2023990$7,600,788$7,946,477-$345,689$26,395,521$330,431$26,065,090
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,754,453
Program service revenue
$0
Investment income
$484,600
Net gain from sales of assets
$483,099
Other revenue
$0

Expenses

Grants and similar amounts paid
$6,036,344
Compensation of officers, directors and key employees
$1,088,641
Other salaries and wages
$248,495
Salaries, compensation and benefits (total)
$1,454,435
Professional fundraising fees
$0
Legal fees
$5,103
Accounting fees
$46,283
Occupancy
$100,957
Travel
$76,113
Depreciation
$5,101
Program services (functional)
$8,217,765
Management and general (functional)
$350,027
Fundraising (functional)
$46,616

Balance sheet and other

Total assets, start of year
$26,395,521
Total assets, end of year
$26,689,403
Total liabilities, end of year
$642,055
Net assets, end of year
$26,047,348
Land, buildings and equipment
$9,418
Publicly traded securities
$23,162,915
Net assets without donor restrictions
$25,398,714
Net assets with donor restrictions
$648,634
Gross receipts
$8,255,450
Employees
7
Volunteers
8
Year formed
2012
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CAITRIN WRIGHTCEO
Trustee or director, Officer
50$353,627$39,363
KELLY GARCIAPARTNER
Key employee
50$256,517$42,229
AMY NGPARTNER
Key employee
50$188,500$10,128
ELENA SANINPARTNER
Key employee
50$169,833$23,445
ROBERT SCHWARTZPARTNER
Highest-paid employee
50$132,586$28,628
BRIAN GREENBERGDIRECTOR
Trustee or director
2$5,000$0
JOHN FISHERTREASURER
Trustee or director, Officer
2$0$0
GRACE VOORHISDIRECTOR
Trustee or director
2$0$0
LISA SOBRATO SONSINIDIRECTOR
Trustee or director
2$0$0
SHAUNTEL GARVEYDIRECTOR
Trustee or director
2$0$0
TOMMY CHANGDIRECTOR
Trustee or director
2$0$0
FELIX RUANODIRECTOR
Trustee or director
2$0$0
KATHLEEN DONOHUEDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
BRIAN GREENBERGCEO
Trustee or director, Officer
50$581,793$47,614
CAITRIN WRIGHTPARTNER/SECRETARY
Key employee
50$312,453$41,778
ROBERT SCHWARTZPARTNER
Key employee
50$213,975$51,338
AMY NGPARTNER
Key employee
50$173,500$9,284
KELLY GARCIAPARTNER
Highest-paid employee
50$132,209$19,325
JOHN FISHERTREASURER
Trustee or director, Officer
2$0$0
GRACE VOORHISDIRECTOR
Trustee or director
2$0$0
LISA SOBRATO SONSINIDIRECTOR
Trustee or director
2$0$0
SHAUNTEL GARVEYDIRECTOR
Trustee or director
2$0$0
TOMMY CHANGDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
827 BROADWAY STE 300, OAKLAND, CA 94607-4034
Principal officer (990 for 2024)
CAITRIN WRIGHT, 827 BROADWAY 300, OAKLAND, CA 94607
Signed the 990
CAITRIN WRIGHT, CEO
Phone
(510) 394-5697
Return prepared by
HOOD & STRONG LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 45-4860788 or by the name SILICON SCHOOLS FUND INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE MISSION OF THE SILICON SCHOOLS FUND IS TO IMPROVE EDUCATION THROUGH SUPPORTING THE LAUNCH OF EXCELLENT NEW SCHOOLS, IMPROVING ACADEMIC INSTRUCTION IN EXISTING SCHOOLS, AND BY FUNDING SOME OF THE BOLDEST INNOVATIONS IN EDUCATION HAPPENING IN THE COUNTRY. OUR PARTNER ORGANIZATIONS SERVE AS LABS OF INNOVATION AND PROOF POINTS FOR THE SECTOR.

990 for the year ended December 31, 2024

Program accomplishments

  • SILICON SCHOOLS FUND (SSF) CONDUCTED A DUE DILIGENCE AND GRANT-MAKING PROGRAM FOCUSED ON PROVIDING SEED FUNDING TO EXCELLENT SCHOOLS IMPLEMENTING NEXT GENERATION LEARNING MODELS, INSTRUCTIONAL IMPROVEMENT EFFORTS, AND INNOVATION IN EDUCATION. IN 2024, SILICON SCHOOLS FUND MADE GRANTS TO 56 ORGANIZATIONS THAT WILL USE THE FUNDING TO SUPPORT THE CREATION OF NEW SCHOOLS, IMPROVEMENT OF EXISTING SCHOOLS AND RELATED INNOVATION EFFORTS.
    Expenses $8,217,765 · grants $6,036,344

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-4860788
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$26,689,403
Income (IRS master file)
$8,255,450

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,239,053$8,614,408$26,689,403XML
990December 2023$7,600,788$7,946,477$26,395,521XML
990December 2022$6,685,576$8,764,964$26,025,925IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-4860788).

Questions about SILICON SCHOOLS FUND INC

What is the EIN of SILICON SCHOOLS FUND INC?
The employer identification number (EIN) of SILICON SCHOOLS FUND INC is 45-4860788.
Is SILICON SCHOOLS FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to SILICON SCHOOLS FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SILICON SCHOOLS FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SILICON SCHOOLS FUND INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SILICON SCHOOLS FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SILICON SCHOOLS FUND INC?
The 990 for the year ended December 31, 2024 names CAITRIN WRIGHT.
Who are the officers and directors of SILICON SCHOOLS FUND INC?
The 990 for the year ended December 31, 2024 lists 13 people; 6 received compensation from the organization, the highest $353,627 (CAITRIN WRIGHT, CEO).
How much revenue does SILICON SCHOOLS FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,239,053, expenses of $8,614,408 and total assets of $26,689,403 at year end.

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