Cause IQ organization profile


Form 990s | Financials | Vendors | Personnel | Peers

Rippleworks is a private foundation based in Redwood City, CA that was founded in 2015. As of 2018 they had $296 million in revenue and $1.2 billion in assets.

Previous legal names or variations of their name include: Ripple Foundation For Financial Innovation.

Fiscal year end:
Revenue trends:
Asset trends:

Form 990s for Rippleworks

Fiscal year endingDate received by IRSFormPDF link
2018-04May 14, 2019990PFView PDF
2017-04Apr 10, 2018990PFView PDF
2016-04Apr 3, 2018990PFView PDF
2016-04Oct 19, 2017990PFView PDF
2015-04Oct 13, 2017990PFView PDF

Financials for Rippleworks

Total grants, contributions, etc.$178,567,275
Investment income and dividends$156,649
Net rental income$0
Net gain from sale of non-inventory assets$118,186,860
Gross sales of inventory$0
Miscellaneous revenues$5,500
Total revenues$296,916,284

Vendors for Rippleworks

VendorServicesAmount paidDate
WordPressContent management system software2020-06-26
███ ███Tax accounting; Accounting Services$197,7332018-12-14
██████ ███Software2018-04-15
█████ ██████ ████████ ███Legal Services$116,0792018-04-01

Personnel at Rippleworks

NameTitleCompensationMost recent data
Doug GalenCofounder and Chief Executive Officer$418,775June 11, 2020
Sung Hae KimChief People Person-June 11, 2020
████ █████Vice President-June 11, 2020
███ ████████Managing Director-June 11, 2020
██████ █████Head of Investments-June 11, 2020
███ ███Head of Marketing-June 11, 2020
███████ ████Head of Talent-June 11, 2020
███████ ████████Head of Insights-June 11, 2020
█████ █████Head of Venture Growth-June 11, 2020
████ ███████Portfolio Manager-June 11, 2020
...and four more key personnel

Peer private foundations

1James Irvine Foundation501(c)(3)$128 millionSan Francisco, CA
2Medtronic Foundation501(c)(3)$80 millionFridley, MN
3Tarsadia Foundation501(c)(3)$106 millionNewport Beach, CA
4David and Lucile Packard Foundation501(c)(3)$355 millionLos Altos, CA
5Sobrato Family Foundation (SFF)501(c)(3)$76 millionMountain View, CA
6Heising Simons Foundation501(c)(3)$179 millionLos Altos, CA
7Rodan Family Foundation501(c)(3)$100 millionOrinda, CA
8William and Flora Hewlett Foundation501(c)(3)$609 millionMenlo Park, CA
9Saul Brandman Foundation501(c)(3)$226 millionBeverly Hills, CA
10Gordon E and Betty I Moore Foundation501(c)(3)$530 millionPalo Alto, CA
11The Schmidt Family Foundation (TSFF)501(c)(3)$613 millionPalo Alto, CA
12Robertson Foundation501(c)(3)$93 millionNew York, NY
13Matan B'seter Foundation501(c)(3)$289 millionNew York, NY
14M J Murdock Charitable Trust501(c)(3)$115 millionVancouver, WA
15Surdna Foundation501(c)(3)$81 millionNew York, NY
16The Ford Foundation501(c)(3)$757 millionNew York, NY
17Klarman Family Foundation501(c)(3)$106 millionBoston, MA
18Robert Wood Johnson Foundation (RWJF)501(c)(3)$548 millionPrinceton, NJ
19THE Hollyhock Foundation501(c)(3)$189 millionNew York, NY
20William Penn Foundation501(c)(3)$217 millionPhiladelphia, PA
21Wyss Foundation501(c)(3)$169 millionWashington, DC
22Barr Foundation501(c)(3)$150 millionBoston, MA
23Brown Foundation501(c)(3)$79 millionHouston, TX
24Mcknight Foundation501(c)(3)$183 millionMinneapolis, MN
25U.S. Bank Foundation501(c)(3)$153 millionMilwaukee, WI