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EIN 20-3846597

The Thiel Foundation

IRS 501(c) type
501(c)(3)
Num. employees
2
City
West Hollywood
State
California
Year formed
2006
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Thiel Foundation is a private foundation located in West Hollywood, CA that made 12 grants last year. Its purpose is to support recovered grants and its breakout labs program. Some of its grantees include Napigen Inc.
Total revenues
$5,743,115
2022
Total expenses
$7,433,736
2022
Total assets
$28,591,177
2022
Num. employees
2
2022

Program areas at The Thiel Foundation

Some of The Foundation's grant agreements include a clause in which
The grant can be converted into equity securities of The grantee if
The grantee undergoes certain equity financing at a future date.

Grants made by The Thiel Foundation

GranteeGrant descriptionAmount
The Cornerstone ForumImitatio:grants:grants To Individuals$65,000
Ryan Park Parent Teacher OrganizationFellowship:fellowship Grants$50,000
Colloquium on Violence and ReligionImitatio:grants:grants To Individuals$8,000

Personnel at The Thiel Foundation

NameTitleCompensation
Peter ThielFounder$0
Jack AbrahamExecutive Director
Allyson DiasProgram Director / Program Manager$165,000
Steve FriedlanderProgram Manager$135,109
David WheelockInterim President
...and 1 more key personnel

Financials for The Thiel Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$5,210,376
Investment income and dividends$35,432
Net rental income$0
Net gain from sale of non-inventory assets$-644,151
Gross sales of inventory$0
Miscellaneous revenues$1,141,458
Total revenues$5,743,115

Form 990s for The Thiel Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-16990PFView PDF
2021-122023-11-21990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-15990PFView PDF
...and 9 more Form 990s
Data update history
April 7, 2024
Used new vendors
Identified 1 new vendor, including
December 29, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 29, 2023
Updated personnel
Identified 2 new personnel
December 24, 2023
Used new vendors
Identified 1 new vendor, including
August 5, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
9200 W Sunset Blvd Ste 1110
West Hollywood, CA 90069
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
thielfoundation.org/ 
Phone
(323) 990-2000
Facebook page
ThielFoundation 
IRS details
EIN
20-3846597
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2006
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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