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Philanthropic Ventures Foundation

Public charity · Grantmaker Oakland, CA EIN: 94-3136771 Website

Philanthropic Ventures Foundation (PVF) is a public charity based in Oakland, California, founded in 1991. It engages donors and community partners in grassroots philanthropy, and its work includes teacher grants, community initiatives, and customized giving.

Philanthropic Ventures Foundation at a glance

In short: Philanthropic Ventures Foundation gave $32.0M across 136 grants in 2024 (avg $235K), mostly in California. 42% of 2024 grantees were new. Source: 2024 IRS Form 990.

Annual giving (2024)
$32,012,713
+362.0% vs 2023
Grants made (2024)
136
+3.8% vs 2023
Average grant
$235,388
+345.0% vs 2023
Median grant
$25,000
Total assets
$89,430,220
+9.6% vs 2023
New grantees (estimate)
42% first-time grantees (57 of 135, 2024)
Primary geography
California (80% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Philanthropic Ventures Foundation

Contact

Mailing address: 1222 Preservation Park Way, Oakland, CA 94612-1201
Phone: (510) 645-1890
Website: https://venturesfoundation.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Philanthropic Ventures Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Black Cultural Zone: $15.7MBlack Cultural Zone$15.7MRoots Community Health Center: $5.0MRoots Community Health Center$5.0M15 Percent Pledge Inc: $1.7M15 Percent Pledge Inc$1.7MResilia Academy: $1.1MResilia Academy$1.1MOakstop LLC: $1.1MOakstop LLC$1.1MCreative Mornings Inc: $740KCreative Mornings Inc$740KBrotherhood of Elders Network: $579KBrotherhood of Elders Network$579KActai Global: $468KActai Global$468KTurimiquire Foundation: $462KTurimiquire Foundation$462KGive BLCK Inc: $403KGive BLCK Inc$403K

The largest 2024 recipient was Black Cultural Zone ($15.7M). Together the top 10 received $27.4M.

Organizations only. It also paid 1 grant to individuals ($66,667), which are not listed by name.

Grant Size Distribution

791 grants across all recorded years

680<$50K46$50–100K35$100–250K15$250–500K8$500K–1M5$1–5M2$5M+

The most common grant size was under $50K: 680 grants of 791 (86%).

Geographic Focus

Where this funder awards grants

PVF is based in Oakland. In 2024, 80% of its grant dollars went to recipients in California, followed by 9% to New York, 4% to Louisiana, 2% to Georgia, and 1% to Massachusetts. Its website describes teacher grants as serving public school teachers and says its immediate-response teacher grants are available in five San Francisco Bay Area counties.

Grant Distribution by State

39states

Share of 2024 grant dollars across all 136 itemized grants.

Cities

San FranciscoOaklandEast Palo AltoPalo AltoSan JoseNew YorkRedwood CityWashingtonMenlo ParkLos AngelesBerkeleySanta RosaAtlantaMilpitasSan MateoHoustonChicagoAshlandCambridgeHalf Moon Bay

Is Philanthropic Ventures Foundation open to new grantees?

42%

first-time grantees, 2024

In 2024, 57 of 135 grantees (42%) were first-time recipients. First grants averaged $74K; repeat grants $356K. How we count

Medians: $25K first-time, $20K repeat.

  • 44% of 2024 grantees were also funded in 2023. Method
  • Giving grew 333% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$30M$40M146 grants2020 236 grants2021 142 grants2022 131 grants2023 136 grants2024

From 2020 to 2024, annual grant giving ranged from $2.6M (2020) to $32.0M (2024). In 2024 it made 136 grants totaling $32.0M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Black Cultural Zone Oakland, CAFor your organization's work on certain investment areas of the rise east initiative$15,740,134
Roots Community Health Center Oakland, CAFor your organization's work on certain investment areas of the rise east initiative$5,043,179
15 Percent Pledge Inc New York, NYGeneral Operating Support$1,731,749
Resilia Academy New Orleans, LATo support access to on-demand technical assistance and capacity building support$1,130,224
Oakstop LLC Oakland, CAMeaningful Employment, Entrepreneur Ecosystems, Inclusive Arts Programs$1,080,296
Creative Mornings Inc Brooklyn, NYTo launch member and patron programs and to support community and field trips$740,052
Brotherhood of Elders Network Oakland, CAFor your organization's work on certain investment areas of the rise east initiative as described in exhibit a of the grant agreement$579,000
Actai Global Santa Monica, CAGeneral Support$468,487
Turimiquire Foundation Cambridge, MAFamily Planning$462,000
Give BLCK Inc Atlanta, GAGeneral Operating Support$402,617
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$89,430,220$58,681,026$49,068,184$32,012,713136$5,053,053
2023$81,605,913$71,022,800$24,930,502$6,928,737131$1,782,223
2022$32,597,542$22,915,613$23,373,623$7,234,484142$472,587
2021$36,414,979$20,169,103$17,471,267$7,391,569236$1,570,980
2020$31,645,319$16,137,293$13,569,821$2,629,166146$862,683

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

PVF’s stated mission is “to engage creative donors and community partners in grassroots philanthropy via radical collaboration.” Its programs include grants for public school teachers in areas such as environmental science, excursions, mathematics, special education, visiting artists, and technology, engineering, and design thinking. It also lists community initiatives and resources for foster youth.

Its 2024 grantees illustrate the range of organizations it supported. Black Cultural Zone Community Development Corporation describes its mission as centering Black arts, culture, and economics and building collective power. Brotherhood of Elders Network says it works to help Black boys and young men flourish. ACTAI Global describes its work as supporting environmental conservation and economic empowerment through entrepreneurship. Other 2024 grantees included organizations whose stated missions involve family-planning travel support, youth development, environmental learning, swimming and water safety, and opportunities for women and girls.

Grantmaking

In filing year 2024, PVF reported 136 grants totaling $32,012,713. Grant amounts ranged from $5,500 to $15,740,134, with a median of $25,000.

The largest reported grants included $15,740,134 to Black Cultural Zone in Oakland for work on investment areas of the Rise East Initiative, and $5,043,179 to Roots Community Health Center in Oakland for work on investment areas of the same initiative. Other large grants included $1,731,749 to 15 Percent Pledge Inc. for general operating support; $1,130,224 to Resilia Academy to support access to on-demand technical assistance and capacity building; and $1,080,296 to Oakstop LLC for meaningful employment, entrepreneur ecosystems, and inclusive arts programs.

PVF’s website describes a simple application process for its teacher grant programs: teachers write a one- to two-page request on school letterhead and email a scanned copy. The foundation says it reviews requests within 48 hours and mails a check. Listed program areas include environmental science, excursions, science resources, mathematics, special education, visiting artists, and technology, engineering, and design thinking.

PVF also lists the Christopher Wellington Moore Memorial Scholarship. The opportunity is for graduating seniors at four named Oakland high schools who have been accepted to a four-year university to pursue a degree in music or education and have a GPA of at least 2.5. The $20,000 award is disbursed in four annual installments to the recipient’s chosen university.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Bill Somerville as president and founder; Moira C. Walsh as chairman; James Higa as treasurer and executive director; and Dawn Hawk as COO. Directors listed are Duncan Beardsley, James R. Cody, Kamba Tshionyi, Colburn S. Wilbur, and Alicia Aguirre.

Philanthropic Ventures Foundation is led by Bill Somerville, President & Founder on every filing since 2020; 1 of 9 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Bill Somerville

    President & Founder

    On filings since 2020

    24 hrs/week

    $125K (2020) → $0 (2024)

  • James Higa

    Treasurer & Executive Director

    On filings since 2020

    32 hrs/week

    No compensation reported

  • Moira C. Walsh

    Chairman

    Director → Chairman, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Alicia Aguirre

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Colburn S. Wilbur

    Director

    Chairman → Director, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Duncan Beardsley

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • James R. Cody

    Director

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Kamba Tshionyi

    Director

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Dawn Hawk

    COO

    On filings since 2020

    40 hrs/week

    $145K (2020) → $210K (2024)

Former officers (2)
  • Former: Adrienne Tissier (2020–2023) — Director
  • Former: Jackie Speier (2020–2023) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Dawn Hawk — COO: $210KDawn HawkCOO$210K

The highest reported compensation on the 2024 filing was $210K, to Dawn Hawk (COO).

Frequently asked questions about Philanthropic Ventures Foundation

How much does Philanthropic Ventures Foundation give each year?

Philanthropic Ventures Foundation gave $32.0M across 136 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $6.9M across 131 grants.

What is Philanthropic Ventures Foundation's typical grant size?

Philanthropic Ventures Foundation's median grant in 2024 was $25,000, and its average grant was $235,388, across 136 grants on its 2024 IRS Form 990. Organizations receiving their first grant from Philanthropic Ventures Foundation that year got $74K on average.

Where does Philanthropic Ventures Foundation give grants?

Philanthropic Ventures Foundation gives mostly in California: 80% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was New York (9%). The most frequent recipient cities were Oakland, CA (12 grants), San Francisco, CA (12 grants), Washington, DC (8 grants) and San Jose, CA (8 grants).

Does Philanthropic Ventures Foundation give general operating support?

Yes: 43% of Philanthropic Ventures Foundation's 2024 grants with a stated purpose (58 of 136) were for general or operating support, per its 2024 IRS Form 990. Recurring purposes include "To Support the Mpact for Families Program" (5 grants), "Family Planning" (5 grants) and "For the Nancy Twine Dream Makers Founder Grant" (3 grants).

Who are Philanthropic Ventures Foundation's largest grantees?

Philanthropic Ventures Foundation's largest 2024 grantees include Black Cultural Zone ($15,740,134), Roots Community Health Center ($5,043,179) and 15 Percent Pledge Inc ($1,731,749), according to its 2024 IRS Form 990. It also paid 1 grant to individuals ($66,667), which are not listed by name. Together they received 70% of its itemized 2024 grant dollars.

How large is Philanthropic Ventures Foundation?

Philanthropic Ventures Foundation reported $89.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $58.7M.

What does Philanthropic Ventures Foundation fund?

PVF’s stated mission is “to engage creative donors and community partners in grassroots philanthropy via radical collaboration.” See mission & focus areas ↑

How do I apply for a grant from Philanthropic Ventures Foundation?

Philanthropic Ventures Foundation has no public application process in the sources Grantable reviewed. Check venturesfoundation.org for current guidelines, or contact the foundation directly before submitting a request.

What is Philanthropic Ventures Foundation's EIN?

Philanthropic Ventures Foundation's EIN (Employer Identification Number) is 94-3136771. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 9, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Philanthropic Ventures Foundation funder profile. GrantGraph. Retrieved October 9, 2026, from https://grantable.co/funders/philanthropic-ventures-foundation-morg_24f1c192d1724912b876728ab2cddc8d

BibTeX
@misc{grantable_943136771_2026,
  author       = {{Grantable}},
  title        = {{Philanthropic Ventures Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/philanthropic-ventures-foundation-morg_24f1c192d1724912b876728ab2cddc8d},
  note         = {Accessed 2026-10-09. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Philanthropic Ventures Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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