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Nonprofit · EIN 81-4755668

DROPBOX FOUNDATION

Tax-exempt · NEW YORK, NY 10271

Financials

$2M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of DROPBOX FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,039,700$1,261,422$778,278$25,572,072$6,928$25,565,144
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$200
Program service revenue
$0
Investment income
$2,039,500
Net gain from sales of assets
$1,802,932
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,078,000
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$10,246
Accounting fees
$7,000
Travel
$4,277
Program services (functional)
$1,253,387
Management and general (functional)
$8,035

Balance sheet and other

Total assets, start of year
$26,750,011
Total assets, end of year
$25,572,072
Total liabilities, end of year
$6,928
Net assets, end of year
$25,565,144
Publicly traded securities
$25,554,033
Net assets with donor restrictions
$25,565,144
Gross receipts
$3,231,829
Employees
0
Volunteers
30
Year formed
2016
State of legal domicile
DE

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 / weekCompensationFrom related orgsOther / benefits
NICHOLAS HODGESTREASURER & DIRECTOR (THRU 08/2024)
Trustee or director, Officer
0.5$0$629,197$57,470
GREGORY RATLIFFDIRECTOR (THRU 08/2024)
Trustee or director
0.5$0$472,973$40,887
CATHERINE CRYSTAL FOSTERDIRECTOR (AS OF 09/24 & THRU 12/24)
Trustee or director
0.5$0$351,968$64,294
HEATHER GRADYDIRECTOR
Trustee or director
0.5$0$341,073$53,309
HILARY CASTILLODIRECTOR (AS OF 09/24 & THRU 12/24)
Trustee or director
0.5$0$287,738$26,891
SHERMANE BILALDIRECTOR
Trustee or director
0.5$0$172,292$31,001
BART VOLKMER - PRESIDENTDIRECTOR & CHIEF LEGAL OFFICER
Trustee or director, Officer
0.5$0$0$0
AMBER COTTLE - DIRECTOR HEADOF GLOBAL PUBLIC POLICY & GOVT AFF.
Trustee or director, Officer
0.5$0$0$0
SAMAN ASHEERVP OF COMMUNICATIONS & DIRECTOR
Trustee or director, Officer
0.5$0$0$0
TINA LEESECRETARY
Officer
0.5$0$0$0

Address and contacts

Address (IRS master file)
120 BROADWAY STE 3475, NEW YORK, NY 10271-3401
In care of
% FANG HAN
Principal officer (990 for 2024)
YEE CHIAT TAY, 120 BROADWAY 3475, NEW YORK, NY 10271
Signed the 990
YEE CHIAT TAY, TREASURER
Phone
(212) 812-4330
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

THE DROPBOX CHARITABLE FOUNDATION PARTNERS WITH IMPACTFUL ORGANIZATIONS THAT DEFEND HUMAN RIGHTS AROUND THE WORLD. (CONT SCH O)DCF PROVIDES UNRESTRICTED GRANTS, AND TO MAKE THAT FUNDING GO FURTHER, WE MATCH ORGANIZATIONAL NEEDS TO THE CAPABILITIES OF DROPBOX EMPLOYEE VOLUNTEERS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE DROPBOX FOUNDATION PARTNERS WITH IMPACTFUL ORGANIZATIONS THAT DEFEND HUMAN RIGHTS AROUND THE WORLD. WE PROVIDE UNRESTRICTED GRANTS - AND TO MAKE THAT FUNDING GO FURTHER, WE MATCH ORGANIZATIONAL NEEDS TO THE CAPABILITIES OF DROPBOX EMPLOYEE VOLUNTEERS.WE'RE BUILDING A RELATIONSHIP WITH OUR GRANTEE PARTNERS BASED ON TRUST. THE DROPBOX FOUNDATION CONNECTS THESE PARTNERS TO EACH OTHER SO THEY CAN SHARE THE VALUABLE KNOWLEDGE THEY'VE GATHERED OVER THE YEARS. MUTUAL RESPECT AND A SHARED PASSION FOR DEFENDING HUMAN RIGHTS GUIDE EVERYTHING WE DO.
    Expenses $1,253,387 · grants $1,078,000

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
81-4755668
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,572,072
Income (IRS master file)
$3,231,829

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$2,108,525$1,661,651$26,750,011IRS
990December 2022$461,434$1,767,321$23,165,388IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 DROPBOX FOUNDATION

What is the EIN of DROPBOX FOUNDATION?
The employer identification number (EIN) of DROPBOX FOUNDATION is 81-4755668.
Is DROPBOX FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to DROPBOX FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does DROPBOX FOUNDATION 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 DROPBOX 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 DROPBOX FOUNDATION 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 DROPBOX FOUNDATION?
The 990 for the year ended December 31, 2024 names YEE CHIAT TAY.
Who are the officers and directors of DROPBOX FOUNDATION?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does DROPBOX FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,039,700, expenses of $1,261,422 and total assets of $25,572,072 at year end.

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