Nonprofit · EIN 81-2644663
COEFFICIENT GIVING ACTION FUND
Tax-exempt · PALO ALTO, CA 94301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $83,192,444 | $58,649,459 | $24,542,985 | $41,200,342 | $33,353,373 | $7,846,969 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $79,303,354
- Program service revenue
- $0
- Investment income
- $3,889,090
- Net gain from sales of assets
- $693,990
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $37,359,496
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $54,620
- Accounting fees
- $31,500
- Program services (functional)
- $58,346,933
- Management and general (functional)
- $302,526
Balance sheet and other
- Total assets, start of year
- $30,728,049
- Total assets, end of year
- $41,200,342
- Total liabilities, end of year
- $33,353,373
- Net assets, end of year
- $7,846,969
- Net assets without donor restrictions
- $7,846,969
- Gross receipts
- $162,495,798
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2016
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARI TUNA | PRESIDENT/DIRECTOR Trustee or director, Officer | 2 | $0 |
| ALEXANDER BERGER | CEO/DIRECTOR Trustee or director, Officer | 2 | $0 |
| DIVESH MAKAN | SECRETARY/DIRECTOR Trustee or director, Officer | 0.5 | $0 |
| DUSTIN MOSKOVITZ | DIRECTOR Trustee or director | 0.5 | $0 |
| HOLDEN KARNOFSKY | DIRECTOR Trustee or director | 2 | $0 |
| TOM VAN LOBEN SELS | TREASURER Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 314 LYTTON AVE, PALO ALTO, CA 94301-1430
- In care of
- % APERCEN PARTNERS LLC
- Principal officer (990 for 2024)
- CARI TUNA, 314 LYTTON AVE, PALO ALTO, CA 94301
- Signed the 990
- TOM VAN LOBEN SELS, TREASURER
- Phone
- (650) 804-7100
- Return prepared by
- APERCEN PARTNERS LLC
Mission
THE MISSION OF OPEN PHILANTHROPY ACTION FUND IS TO STUDY AND PROMOTE MORE EFFECTIVE GIVING FOR PUBLIC POLICY, ADVOCACY AND SOCIAL WELFARE PURPOSES. THE ORGANIZATION SEEKS TO MAXIMIZE THE IMPACT THAT PHILANTHROPIC GIVING CAN HAVE ON PUBLIC POLICY AND FURTHER SOCIAL WELFARE. THROUGH RESEARCH, EDUCATION, ADVOCACY AND GRANTMAKING, THE ORGANIZATION ALSO SEEKS TO BRING ABOUT IMPROVEMENT IN SELECT PUBLIC POLICY AREAS. THE ORGANIZATION PROMOTES THE GENERAL WELFARE OF INDIVIDUALS AND THEIR COMMUNITIES BY SUPPORTING MORE EFFECTIVE FORMS OF PHILANTHROPIC GIVING IN THE PUBLIC POLICY ARENA AND FOR SOCIAL WELFARE CAUSES, AND BY ADVOCATING FOR BENEFICIAL CHANGES IN PUBLIC POLICY.
Program accomplishments
- THE ORGANIZATION MADE GRANTS TO SECTION 501(C)(3) CHARITIES, SECTION 501(C)(4) SOCIAL WELFARE ORGANIZATIONS AND OTHER TYPES OF ENTITIES FOR GENERAL SUPPORT OR SPECIFIC PROJECTS CONSISTENT WITH THE ORGANIZATION'S GOALS. THE ORGANIZATION MADE DISTRIBUTIONS TO RESEARCH AND EFFECT CHANGE IN THE FOCUS AREAS WITHIN ITS MISSION AND IN OTHER PUBLIC POLICY AREAS IN WHICH IT DETERMINED THAT SUCH FUNDS CAN HAVE A SIGNIFICANT IMPACT. WITH FUNDS FROM THE ORGANIZATION, GRANTEES AND CONTRACTORS MAY CONDUCT A RANGE OF ACTIVITIES, INCLUDING RESEARCH, PUBLIC EDUCATION AND ADVOCACY, AND DIRECT OR GRASSROOTS LOBBYING, ALL FOR THE PURPOSE OF PROMOTING SOCIAL WELFARE.Expenses $58,346,933 · grants $37,359,496
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-2644663
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S01)
- Assets (IRS master file)
- $41,200,342
- Income (IRS master file)
- $162,495,798
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $79,334,487 | $77,508,932 | $30,728,049 | IRS |
| 990 | December 2022 | $50,098,558 | $55,283,198 | $31,980,708 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about COEFFICIENT GIVING ACTION FUND
- What is the EIN of COEFFICIENT GIVING ACTION FUND?
- The employer identification number (EIN) of COEFFICIENT GIVING ACTION FUND is 81-2644663.
- Is COEFFICIENT GIVING ACTION FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2018.
- Are donations to COEFFICIENT GIVING ACTION FUND tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COEFFICIENT GIVING ACTION FUND 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 COEFFICIENT GIVING ACTION FUND 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 COEFFICIENT GIVING ACTION FUND 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 COEFFICIENT GIVING ACTION FUND?
- The 990 for the year ended December 31, 2024 names CARI TUNA.
- Who are the officers and directors of COEFFICIENT GIVING ACTION FUND?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does COEFFICIENT GIVING ACTION FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $83,192,444, expenses of $58,649,459 and total assets of $41,200,342 at year end.
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All nonprofits in PALO ALTO · California · Community improvement and capacity building