EIN 46-5604812

Rippleworks

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
Year formed
2015
Most recent tax filings
2022-04-01
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
$196,552,924
2022
Total expenses
$48,420,481
2022
Total assets
$1,430,287,040
2022
Num. employees
n/a

Program areas at Rippleworks

Rippleworks exists to solve problems that matter. Everything we do is intended to unleash people's potential to improve lives. That is why Rippleworks partners with social ventures on short-term, high impact projects that tackle key operational challenges to help ventures deliver impact at scale. Rippleworks helps to identify a critical challenge, provides an expert who knows how to solve it and manages the project with uncompromising commitment.
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
Noora HealthGeneral Support$3,500,000
Code for AmericaGeneral Support$3,000,000
MyAgro FarmsGeneral Support$3,000,000
...and 66 more grants made totalling $33,334,822

Who funds Rippleworks

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$150,000
Silicon Valley Community Foundation (SVCF)International Development$90,000

Personnel at Rippleworks

NameTitleCompensation
Doug GalenCofounder and Chief Executive Officer / President and Chief Executive Officer$692,921
Sung Hae KimChief People Person$204,060
Ayesha WagleManaging Director , Capital / Head of Investments$241,308
Sarah BurchManaging Director , Projects / Head of Venture Growth / Senior Portfolio Man$230,034
Tim KunihiroManaging Director , Projects / Managing Director , V$277,193
...and 14 more key personnel

Financials for Rippleworks

RevenuesFYE 04/2022
Total grants, contributions, etc.$400,000
Investment income and dividends$2,686,965
Net rental income$0
Net gain from sale of non-inventory assets$193,027,618
Gross sales of inventory$0
Miscellaneous revenues$438,341
Total revenues$196,552,924

Form 990s for Rippleworks

Fiscal year endingDate received by IRSFormPDF link
2022-042023-10-04990PFView PDF
2021-042022-03-14990PFView PDF
2020-042021-06-17990PFView PDF
2019-042020-11-25990PFView PDF
2018-042019-05-14990PFView PDF
...and 4 more Form 990s

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Ewing Marion Kauffman FoundationKansas City, MO$452,428,747
Terra Foundation for American ArtChicago, IL$96,843,650
The University Financing FoundationMarietta, GA$49,260,677
Bainum Family FoundationBethesda, MD$74,291,632
Kimbell Art FoundationFort Worth, TX$52,320,292
The Richard H. Driehaus MuseumChicago, IL$74,810,944
Xq InstituteOakland, CA$51,717,404
Packard Humanities InstituteLos Altos, CA$102,577,308
Data update history
August 28, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 21, 2023
Received grants
Identified 1 new grant, including a grant for $90,000 from Silicon Valley Community Foundation (SVCF)
May 8, 2023
Used new vendors
Identified 3 new vendors, including , , and
July 8, 2022
Used new vendors
Identified 1 new vendor, including
December 22, 2021
Updated personnel
Identified 5 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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