EIN 46-5604812

Rippleworks

IRS 501(c) type
501(c)(3)
Num. employees
37
Year formed
2015
Most recent tax filings
2023-04-01
NTEE code, primary
Description
Rippleworks is a private foundation that unlocks the potential of impact-focused entrepreneurs to improve lives. Grantees include Myagro, and Rippleworks made 27 grants last year. It is located in Redwood City, CA.
Total revenues
$144,469,459
2023
Total expenses
$72,154,652
2023
Total assets
$1,110,969,971
2023
Num. employees
37
2023

Program areas at Rippleworks

We envision a world where all people have equitable access to the resources and opportunities to live life to the fullest potential. Our mission is to be relentlessly focused on the needs of social ventures, providing the practical support impactful entrepreneurs and their teams need to improve more lives.
Capital invests in high-growth social ventures to help scale their impact and improve more lives.
Leaders studio brings together practical experience and effective learning methods to build and deliver learning programs to leaders across the globe.
Interest on program-related investments

Grants made by Rippleworks

GranteeGrant descriptionAmount
World Resources Institute (WRI)General Support$20,000,000
Spark MicrograntsGeneral Support$2,700,000
Imagine WorldwideGeneral Support$2,500,000
...and 78 more grants made totalling $44,433,242

Who funds Rippleworks

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Silicon Valley Community Foundation (SVCF)International Development$250,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$150,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$150,000

Personnel at Rippleworks

NameTitleCompensation
Doug GalenCofounder and Chief Executive Officer / President and Chief Executive Officer$832,250
Sung Hae KimChief People Person$241,100
Tim KunihiroManaging Director , Projects / Managing Director , V$300,595
Ayesha WagleManaging Director , Capital / Head of Investments$300,833
Jay LeeDirector of Marketing / Head of Marketing
...and 12 more key personnel

Financials for Rippleworks

RevenuesFYE 04/2023
Total grants, contributions, etc.$180,000
Investment income and dividends$8,739,612
Net rental income$0
Net gain from sale of non-inventory assets$134,711,629
Gross sales of inventory$0
Miscellaneous revenues$838,218
Total revenues$144,469,459

Form 990s for Rippleworks

Fiscal year endingDate received by IRSFormPDF link
2023-042024-03-15990PFView PDF
2022-042023-10-04990PFView PDF
2021-042022-03-14990PFView PDF
2020-042021-06-17990PFView PDF
2019-042020-11-25990PFView PDF
...and 5 more Form 990s

Organizations like Rippleworks

OrganizationLocationRevenue
Rawlings FoundationPalm Beach, FL$36,942,959
Moody GardensGalveston, TX$59,530,187
Ewing Marion Kauffman FoundationKansas City, MO$112,688,316
Bainum Family FoundationBethesda, MD$74,291,632
Terra Foundation for American ArtChicago, IL$96,843,650
1687 FoundationPlano, TX$53,367,686
The University Financing FoundationAtlanta, GA$70,788,810
Alex Katz FoundationNew York, NY$36,790,124
Xq InstituteOakland, CA$73,370,038
Foundation for A Better WorldMarietta, GA$36,797,029
Data update history
May 21, 2024
Updated personnel
Identified 1 new personnel
May 19, 2024
Used new vendors
Identified 1 new vendor, including
December 24, 2023
Received grants
Identified 1 new grant, including a grant for $250,000 from Silicon Valley Community Foundation (SVCF)
December 2, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 1, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
Foreign affairsInternational development
Characteristics
Provides grantsState / local levelTax deductible donations
General information
Address
889 Winslow St 501
Redwood City, CA 94063
Metro area
San Francisco-Oakland-Berkeley, CA
Website URL
rippleworks.org/ 
Phone
(650) 499-3120
IRS details
EIN
46-5604812
Fiscal year end
April
Taxreturn type
Form 990-PF
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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