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Nonprofit · EIN 46-5604812

RIPPLEWORKS INC

Tax-exempt · SAN FRANCISCO, CA 94114

Financials

$144.5M$72.2M2022$149.4M$56M2023$437.4M$182.8M2024
Revenue Expenses · by fiscal year end
Financials of RIPPLEWORKS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2025990-PF$437,395,417$182,809,774$254,585,643$2,523,976,693$18,762,813$2,505,213,880
April 30, 2024990-PF$149,419,625$56,031,456$93,388,169$1,419,088,778$9,475,234$1,409,613,544
April 30, 2023990-PF$144,469,459$72,154,652$72,314,807$1,110,969,971$9,605,253$1,101,364,718
Financial details: 990-PF for the year ended April 30, 2025

Revenue

Dividends
$4,696,046
Interest
$14,765,963
Net gain from sales of assets
$416,527,174
Other income
$1,406,234

Expenses

Grants and similar amounts paid
$154,045,042
Compensation of officers, directors and key employees
$1,355,835
Salaries, compensation and benefits (total)
$8,337,813
Disbursements for charitable purposes
$166,265,007
Excise tax on investment income
$6,706,143

Balance sheet and other

Total assets, start of year
$1,419,088,778
Total assets, end of year
$2,523,976,693
Total liabilities, end of year
$18,762,813
Net assets, end of year
$2,505,213,880
Fair market value of assets
$2,523,680,050
Qualifying distributions
$172,265,007
Net investment income
$500,054,559

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-PF for the year ended April 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DOUG GALEN
2261 MARKET STREET SUITE 68027, SAN FRANCISCO, CA 94114
PRESIDENT/CEO40$969,550$59,635
AYESHA WAGLE
2261 MARKET STREET SUITE 68027, SAN FRANCISCO, CA 94114
MANAGING DIRECTOR, P
Highest-paid employee
40$357,558$56,455
TIM KUNIHIRO
2261 MARKET STREET SUITE 68027, SAN FRANCISCO, CA 94114
MANAGING DIRECTOR, P
Highest-paid employee
40$348,677$55,602
BROOKE ANNA RUFO-HILL
2261 MARKET STREET SUITE 68027, SAN FRANCISCO, CA 94114
CHIEF PEOPLE OFFICER
Highest-paid employee
40$348,677$41,842
SARAH BURCH
2261 MARKET STREET SUITE 68027, SAN FRANCISCO, CA 94114
MANAGING DIRECTOR, V
Highest-paid employee
40$331,076$10,726
LINDSAY BLODGETT
2261 MARKET STREET SUITE 68027, SAN FRANCISCO, CA 94114
MANAGING DIRECTOR, P
Highest-paid employee
40$301,342$27,730
JOHN CARROLL
2261 MARKET STREET SUITE 68027, SAN FRANCISCO, CA 94114
CONTROLLER40$245,385$26,004
ALEXA PARSONS
2261 MARKET STREET SUITE 68027, SAN FRANCISCO, CA 94114
DIRECTOR OF FINANCE/CONTROLLER40$26,354$2,863
CHRISTIAN LARSEN
2261 MARKET STREET SUITE 68027, SAN FRANCISCO, CA 94114
SECRETARY/TREASURER1$0$0
ANUSHKA RATNAYAKE
2261 MARKET STREET SUITE 68027, SAN FRANCISCO, CA 94114
BOARD MEMBER1$0$0
990-PF for the year ended April 30, 2024: 9 people
NameTitleHours / weekCompensationOther / benefits
DOUG GALEN
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
PRESIDENT/CEO40$845,945$50,154
TIM KUNIHIRO
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
MANAGING DIRECTOR, V
Highest-paid employee
40$330,813$49,785
AYESHA WAGLE
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
HEAD OF INVESTMENTS
Highest-paid employee
40$330,746$49,894
SARAH BURCH
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
SENIOR PORTFOLIO MAN
Highest-paid employee
40$329,608$24,450
BROOKE ANNA RUFO-HILL
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
HEAD OF PEOPLE AND C
Highest-paid employee
40$296,157$37,087
LINDSAY BLODGETT
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
SENIOR DIRECTOR, LEA
Highest-paid employee
40$256,646$24,516
JOHN CARROLL
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
CONTROLLER40$223,274$24,376
CHRISTIAN LARSEN
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
SECRETARY/TREASURER1$0$0
ANUSHKA RATNAYAKE
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
BOARD MEMBER1$0$0
990-PF for the year ended April 30, 2023: 9 people
NameTitleHours / weekCompensationOther / benefits
DOUG GALEN
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
PRESIDENT/CEO40$832,250$45,864
SARAH BURCH
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
SENIOR PORTFOLIO MAN
Highest-paid employee
40$317,661$18,900
AYESHA WAGLE
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
HEAD OF INVESTMENTS
Highest-paid employee
40$300,833$37,488
TIM KUNIHIRO
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
MANAGING DIRECTOR, V
Highest-paid employee
40$300,595$44,460
BROOKE ANNA RUFO-HILL
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
HEAD OF PEOPLE AND C
Highest-paid employee
40$240,836$34,855
LINDSAY BLODGETT
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
SENIOR DIRECTOR, LEA
Highest-paid employee
40$228,029$21,582
JOHN CARROLL
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
CONTROLLER40$206,906$22,192
CHRISTIAN LARSEN
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
SECRETARY/TREASURER1$0$0
ANUSHKA RATNAYAKE
889 WINSLOW STREET SUITE 501, REDWOOD CITY, CA 94063
BOARD MEMBER1$0$0

Address and contacts

Address (IRS master file)
2261 MARKET STREET 68027, SAN FRANCISCO, CA 94114-1612
In care of
% FOUNDATION SOURCE
Signed the 990-PF
ALEXA PARSONS, DIR. OF FINANCE/CONTROLLER
Phone
(510) 224-3859
Return prepared by
BPM LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 46-5604812 or by the name RIPPLEWORKS INC.

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

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026Not on file
2024April 30, 2025September 15, 2025990-PF on file
2023April 30, 2024September 16, 2024990-PF on file

IRS record

EIN
46-5604812
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
2015
Accounting year ends
April
Files
Form 990-PF
Assets (IRS master file)
$2,523,976,693
Income (IRS master file)
$1,202,663,047

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFApril 2025$437,395,417$182,809,774$2,523,976,693XML
990-TApril 2025–––IRS
990-PFApril 2024$149,419,625$56,031,456$1,419,088,778XML
990-TApril 2024–––IRS
990-PFApril 2023$144,469,459$72,154,652$1,110,969,971XML
990-TApril 2023–––IRS
990-PFApril 2022–––IRS
990-TApril 2022–––IRS
990-PFApril 2021–––IRS
990-TApril 2021–––IRS
990-PFApril 2020–––IRS
990-PFApril 2019–––IRS
990-PFApril 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 46-5604812).

Questions about RIPPLEWORKS INC

What is the EIN of RIPPLEWORKS INC?
The employer identification number (EIN) of RIPPLEWORKS INC is 46-5604812.
Is RIPPLEWORKS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to RIPPLEWORKS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does RIPPLEWORKS INC file?
Form 990-PF. Private foundations file every year.
When is the next return of RIPPLEWORKS INC due?
The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RIPPLEWORKS INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended April 2025.
Who are the officers and directors of RIPPLEWORKS INC?
The 990-PF for the year ended April 30, 2025 lists 10 people; 8 received compensation from the organization, the highest $969,550 (DOUG GALEN, PRESIDENT/CEO).
How much revenue does RIPPLEWORKS INC have?
On its 990-PF for the year ended April 30, 2025 it reported revenue of $437,395,417, expenses of $182,809,774 and total assets of $2,523,976,693 at year end.

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