Nonprofit · EIN 81-3242506
WAVERLEY STREET FOUNDATION
Tax-exempt · PALO ALTO, CA 94306
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $290,111,328 | $335,907,395 | -$45,796,067 | $2,738,173,726 | $0 | $2,738,173,726 |
| December 31, 2023 | 990-PF | $209,773,699 | $270,382,133 | -$60,608,434 | $2,783,969,793 | $0 | $2,783,969,793 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $13,185,819
- Interest
- $117,593,685
- Net gain from sales of assets
- $151,380,108
- Other income
- $7,951,716
Expenses
- Grants and similar amounts paid
- $282,093,983
- Compensation of officers, directors and key employees
- $1,579,134
- Salaries, compensation and benefits (total)
- $4,962,676
- Disbursements for charitable purposes
- $306,163,099
- Excise tax on investment income
- $3,756,495
Balance sheet and other
- Total assets, start of year
- $2,783,969,793
- Total assets, end of year
- $2,738,173,726
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,738,173,726
- Fair market value of assets
- $3,338,124,885
- Qualifying distributions
- $311,163,099
- Net investment income
- $293,846,028
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JARED BLUMENFELD 3000 EL CAMINO REAL, PALO ALTO, CA 94306 | PRESIDENT | 40 | $920,193 | $20,700 |
| JAGADHA SIVAN 3000 EL CAMINO REAL, PALO ALTO, CA 94306 | CHIEF OPERATING OFFICER | 40 | $658,941 | $15,000 |
| LANDE AJOSE PO BOX 61239, PALO ALTO, CA 94306 | MANAGING DIRECTOR Highest-paid employee | 40 | $600,000 | $20,700 |
| EMILIANO MARTINEZ PO BOX 61239, PALO ALTO, CA 94306 | GENERAL COUNSEL Highest-paid employee | 40 | $541,667 | $13,833 |
| KAI CARTER PO BOX 61239, PALO ALTO, CA 94306 | HEAD OF GLOBAL PROG. Highest-paid employee | 40 | $351,939 | $7,751 |
| CAROLE EXCELL PO BOX 61239, PALO ALTO, CA 94306 | SR. PROGRAM OFFICER Highest-paid employee | 40 | $351,379 | $20,700 |
| CARMELITA MITCHELL PO BOX 61239, PALO ALTO, CA 94306 | DIRECTOR, GRANTS MGT Highest-paid employee | 40 | $312,439 | $16,638 |
| LAURENE POWELL JOBS 3000 EL CAMINO REAL, PALO ALTO, CA 94306 | VICE CHAIR/DIRECTOR | 4 | $0 | $0 |
| ANNE MARIE BURGOYNE 3000 EL CAMINO REAL, PALO ALTO, CA 94306 | TREASURER/SECRETARY/DIRECTOR | 4 | $0 | $0 |
| J BRADLEY POWELL 3000 EL CAMINO REAL, PALO ALTO, CA 94306 | DIRECTOR | 4 | $0 | $0 |
| REED JOBS 3000 EL CAMINO REAL, PALO ALTO, CA 94306 | DIRECTOR | 4 | $0 | $0 |
| MONA SIMPSON 3000 EL CAMINO REAL, PALO ALTO, CA 94306 | DIRECTOR | 4 | $0 | $0 |
| MICHAEL KLEIN 3000 EL CAMINO REAL, PALO ALTO, CA 94306 | DIRECTOR | 4 | $0 | $0 |
| LISA JACKSON 3000 EL CAMINO REAL, PALO ALTO, CA 94306 | CHAIR OF THE BOARD/Director | 6 | $0 | $0 |
| DARREN WALKER 3000 EL CAMINO REAL, PALO ALTO, CA 94306 | DIRECTOR | 4 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAFAEL REIF 3000 EL CAMINO REAL, PALO ALTO, CA 94306 | DIRECTOR | 4 | $0 |
| RADHIKA FOX 3000 EL CAMINO REAL, PALO ALTO, CA 94306 | DIRECTOR | 4 | $0 |
990-PF for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JARED BLUMENFELD 2475 HANOVER STREET, PALO ALTO, CA 94304 | PRESIDENT | 40 | $909,115 | $19,800 |
| LANDE AJOSE 2475 HANOVER STREET, PALO ALTO, CA 94304 | CHIEF OF STAFF Highest-paid employee | 40 | $602,042 | $18,000 |
| JAGADHA SIVAN 2475 HANOVER STREET, PALO ALTO, CA 94304 | CHIEF OPERATING OFFICER | 40 | $571,420 | $5,250 |
| EMILIANO MARTINEZ 2475 HANOVER STREET, PALO ALTO, CA 94304 | GENERAL COUNSEL Highest-paid employee | 40 | $490,409 | $0 |
| ALLISON CORWIN 2475 HANOVER STREET, PALO ALTO, CA 94304 | STRATEGY DIRECTOR Highest-paid employee | 40 | $408,400 | $1,969 |
| JORGE MADRID 2475 HANOVER STREET, PALO ALTO, CA 94304 | STRATEGY DIRECTOR Highest-paid employee | 40 | $359,394 | $3,438 |
| CAROLE EXELL 2475 HANOVER STREET, PALO ALTO, CA 94304 | STRATEGY DIRECTOR Highest-paid employee | 40 | $357,193 | $19,800 |
| LAURENE POWELL JOBS 2475 HANOVER STREET, PALO ALTO, CA 94304 | VICE CHAIR | 4 | $0 | $0 |
| ANNE MARIE BURGOYNE 2475 HANOVER STREET, PALO ALTO, CA 94304 | TREASURER/SECRETARY/DIRECTOR | 4 | $0 | $0 |
| J BRADLEY POWELL 2475 HANOVER STREET, PALO ALTO, CA 94304 | DIRECTOR | 4 | $0 | $0 |
| REED JOBS 2475 HANOVER STREET, PALO ALTO, CA 94304 | DIRECTOR | 4 | $0 | $0 |
| MONA SIMPSON 2475 HANOVER STREET, PALO ALTO, CA 94304 | DIRECTOR | 4 | $0 | $0 |
| MICHAEL KLEIN 2475 HANOVER STREET, PALO ALTO, CA 94304 | DIRECTOR | 4 | $0 | $0 |
| LISA JACKSON 2475 HANOVER STREET, PALO ALTO, CA 94304 | CHAIR OF THE BOARD | 6 | $0 | $0 |
| DARREN WALKER 2475 HANOVER STREET, PALO ALTO, CA 94304 | DIRECTOR | 4 | $0 | $0 |
| RAFAEL REIF 2475 HANOVER STREET, PALO ALTO, CA 94304 | DIRECTOR | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3000 EL CAMINO REAL STE 2-1000, PALO ALTO, CA 94306-2119
- In care of
- % ROSEWOOD FAMILY ADVISORS LLP
- Signed the 990-PF
- ANNE MARIE BURGOYNE, SECRETARY
- Phone
- (650) 313-2002
- Website
- WWW.WAVERLEYSTREET.ORG
- Return prepared by
- Rosewood Family Advisors LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 81-3242506 or by the name WAVERLEY STREET FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. 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-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 81-3242506
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $2,738,173,726
- Income (IRS master file)
- $709,084,599
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $290,111,328 | $335,907,395 | $2,738,173,726 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $209,773,699 | $270,382,133 | $2,783,969,793 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 81-3242506).
Questions about WAVERLEY STREET FOUNDATION
- What is the EIN of WAVERLEY STREET FOUNDATION?
- The employer identification number (EIN) of WAVERLEY STREET FOUNDATION is 81-3242506.
- Is WAVERLEY STREET FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to WAVERLEY STREET FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does WAVERLEY STREET FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of WAVERLEY STREET FOUNDATION 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 WAVERLEY STREET FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of WAVERLEY STREET FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 17 people; 7 received compensation from the organization, the highest $920,193 (JARED BLUMENFELD, PRESIDENT).
- How much revenue does WAVERLEY STREET FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $290,111,328, expenses of $335,907,395 and total assets of $2,738,173,726 at year end.
Other nonprofits in PALO ALTO
- JEN-HSUN & LORI HUANG FOUNDATION EIN 26-1551239 · last filed 990-PF for 2024
- GORDON E AND BETTY I MOORE FOUNDATION EIN 94-3397785 · last filed 990-PF for 2024
- GOOD VENTURES FOUNDATION EIN 46-1008520 · last filed 990-PF for 2025
- CHAN ZUCKERBERG INITIATIVE FOUNDATION EIN 45-5002209 · last filed 990-PF for 2024
- CARL VICTOR PAGE MEMORIAL FOUNDATION EIN 20-1922957 · last filed 990-PF for 2024
- THE ERIC AND WENDY SCHMIDT FUND FOR STRATEGIC INNOVATION EIN 46-3460261 · last filed 990-PF for 2024
- COEFFICIENT GIVING ADVISORS INC EIN 99-2255770 · last filed 990 for 2024
- KOUM FAMILY FOUNDATION EIN 47-5446562 · last filed 990-PF for 2024
All nonprofits in PALO ALTO · California · Philanthropy, voluntarism and grantmaking foundations