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EIN 94-3377099

Crankstart Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
San Francisco
State
California
Year formed
2002
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Crankstart Foundation is a private foundation located in Palo Alto, CA, which made $53 million in grants last year. The foundation's assets totaled $1.5 billion.
Total revenues
$55,104,252
2022
Total expenses
$157,993,707
2022
Total assets
$3,853,358,712
2022
Num. employees
n/a

Grants made by Crankstart Foundation

GranteeGrant descriptionAmount
New Venture FundTo Support Project Daybreak$10,000,000
Arc Research InstituteTo Advance Research To Understand Complex Human Diseases$7,500,000
Arc Research InstituteTo Advance Research To Understand Complex Human Diseases$6,900,000
...and 352 more grants made totalling $143,552,666

Personnel at Crankstart Foundation

NameTitleCompensation
Melissa NarulaChief Executive Officer and Assistant Secretary$0
Michael MoritzPresident and Chief Financial Officer$0

Financials for Crankstart Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$20,990,494
Investment income and dividends$945,620
Net rental income$0
Net gain from sale of non-inventory assets$14,126,420
Gross sales of inventory$0
Miscellaneous revenues$19,041,718
Total revenues$55,104,252

Form 990s for Crankstart Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-12990PFView PDF
2019-122021-02-25990PFView PDF
2018-122020-01-16990PFView PDF
...and 7 more Form 990s
Data update history
December 25, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 24, 2023
Updated personnel
Identified 1 new personnel
December 23, 2023
Used new vendors
Identified 3 new vendors, including , , and
August 17, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
Co 1660 Bush St Suite 300
San Francisco, CA 94109
Metro area
San Francisco-Oakland-Berkeley, CA
Phone
(415) 561-6540
IRS details
EIN
94-3377099
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2002
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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