Craig Newmark Foundation (also known as Craig Newmark Philanthropies) is a private 501(c)(3) grantmaking foundation based in San Francisco, California. The foundation was established in 2016 and operates as an independent foundation focused on strategic philanthropic investments in key areas of public interest.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$143.4M
-7.2% YoY
Annual Giving
$12.6M
-70.9% YoY
Grant Count
7
-86.0% YoY
Avg Grant Size
$1.8M
+107.8% YoY
Mission & Focus Areas
The foundation supports the following primary areas:
- Cybersecurity — funding initiatives to strengthen digital security and safety
- Trustworthy Journalism — supporting journalism ethics, quality news, and media literacy
- Promoting the Truth — advancing factual information and combating misinformation
- Military Families and Veterans — providing support and resources for veteran communities
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$50,000 to $11.4 million
Average Grant
amount: approximately $866,000
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation funds organizations across multiple regions, with notable concentration in:
- Washington, DC (9 grants)
- New York, NY (9 grants)
- San Francisco, CA (8 grants)
- Brooklyn, NY (4 grants)
- Oakland, CA (2 grants)
- Arlington, VA (2 grants)
Additional funding extends to California locations including Beverly Hills, Encinitas, Pleasanton, and Roseville.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2023-2024):
- Total assets: $143.4 million to $154.4 million
- Total giving (2023): $43.3 million
- Total giving (2024): $43.6 million
- Total revenue (2023): $8.4 million
- Total expenses (2023): $43.7 million
- Giving rate: 28% of assets
IRS Filing:
- EIN: 47-5338517
- Form 990-PF filer
- Tax-exempt since February 2016
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $143,370,395 | $154,414,913 | $192,052,720 |
| Revenue | $7,380,114 | $8,439,126 | $51,332,718 |
| Expenses | $16,313,304 | $43,676,933 | $41,785,766 |
| Qualifying Distributions | $15,945,576 | $43,577,105 | $41,599,500 |
| Net Investment Income | $7,293,339 | $8,353,544 | $2,731,918 |
| Distributable Amount | $7,172,257 | $8,508,958 | $8,374,497 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
188 grants across all recorded years
Open Grants
1 open opportunity from Craig Newmark Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Craig Newmark — President (40 hours/week)
- Mabel Hsu — Chief Financial Officer (30 hours/week)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CRAIG NEWMARK | PRESIDENT | 40 | — |
| MABEL HSU | CFO | 30 | — |
Recent News & Activity
Recent developments and announcements
The foundation has announced several significant grants and initiatives:
Invested $15 million to strengthen journalism ethics for the digital age
$10 million gift sets Craig Newmark Graduate School of Journalism on pathAwarded $10 million to the Craig Newmark Graduate School of Journalism to support the path toward free tuition
Craig Newmark Foundation Grant -Announced $3 million grant to Bob Woodruff Foundation to support veterans and military families
Craig Newmark Foundation Grant -Awarded $250,000 grant to Women in CyberSecurity (WiCyS)
Craig Newmark Philanthropies Awards $250,000 Grant to Support Women in CyberSecurityContact Information
Address: 222 Sutter Street, Floor 9 San Francisco, CA 94108-4460
Phone: 415-399-5200
Website: craignewmarkphilanthropies.org
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Craig Newmark Foundation on Grantable?
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