Waverley Street Foundation
Waverley Street Foundation is a private, non-operating grantmaking foundation based in Palo Alto, California. Established in 2016, the foundation operates as an independent charitable organization focused on investing in community-led programs and innovative solutions to address critical challenges.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7B
-1.6% YoY
Annual Giving
$282.1M
+25.1% YoY
Grant Count
144
+34.6% YoY
Avg Grant Size
$2.0M
-7.0% YoY
Mission & Focus Areas
The foundation's work centers on turning imagination into reality by investing in community-led programs across several key areas:
- Climate change and environmental solutions
- Sustainable food systems and farmland preservation
- Clean and affordable energy
- Business innovation and economic development
- Healing and environmental restoration
The foundation emphasizes core values in its approach:
- Imagination: Supporting big ideas and creative thinking to catalyze breakthroughs and shape new narratives
- Collaboration: Welcoming diverse perspectives and including communities previously left out of conversations
- Joy: Celebrating nature, food, art, movement, and music as part of climate action and community engagement
- Inspiration: Cultivating a culture of action, optimism, and trust through community connection
Grantmaking
The foundation has demonstrated significant grantmaking activity:
Grant Range
**: $5,000 to $36 million
Average Grant
amount**: $2.5 million
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking is concentrated primarily in:
- California
- New York
- District of Columbia
These three states account for 56% of all grants. The foundation's reach extends across 25 states, with international presence in Mexico and Brazil.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets and Income:
- Total assets (2024): $2.74 billion
- Total assets (2023): $2.78 billion
- Annual income (2024): $709.1 million
- Total liabilities (2024): $0
Historical asset growth:
- 2019: $1.78 billion
- 2020: $2.99 billion
- 2021: $2.99 billion
- 2022: $2.84 billion
- 2023: $2.78 billion
- 2024: $2.74 billion
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,738,173,726 | $2,783,969,793 | $2,844,578,227 |
| Revenue | $290,111,328 | $209,773,699 | $45,531,839 |
| Expenses | $335,907,395 | $270,382,133 | $193,913,087 |
| Qualifying Distributions | $311,163,099 | $237,463,886 | $168,206,559 |
| Net Investment Income | $270,251,428 | $241,180,650 | $83,769,311 |
| Distributable Amount | $163,419,238 | $165,765,914 | $156,712,239 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
195 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key leadership includes:
- Jared Blumenfeld: President
- Jagadha Sivan: Chief Operating Officer
- Amanda Eller: Strategy Director
- Emiliano Martinez: General Counsel
- Nathan Jayappa: Director, Finance
- Michelle Thompson: Director, People
The foundation is governed by 12 officers and trustees and employs 34 staff members.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURENE POWELL JOBS | VICE CHAIR/DIRECTOR | 4 | — |
| ANNE MARIE BURGOYNE | TREASURER/SECRETARY/DIRECTOR | 4 | — |
| J BRADLEY POWELL | DIRECTOR | 4 | — |
| REED JOBS | DIRECTOR | 4 | — |
| MONA SIMPSON | DIRECTOR | 4 | — |
| MICHAEL KLEIN | DIRECTOR | 4 | — |
| LISA JACKSON | CHAIR OF THE BOARD/Director | 6 | — |
| JARED BLUMENFELD | PRESIDENT | 40 | $920,193 |
| JAGADHA SIVAN | CHIEF OPERATING OFFICER | 40 | $658,941 |
| DARREN WALKER | DIRECTOR | 4 | — |
| RAFAEL REIF | DIRECTOR | 4 | — |
| RADHIKA FOX | DIRECTOR | 4 | — |
Recent News & Activity
Recent developments and announcements
Recent grant announcements demonstrate the foundation's active grantmaking:
$25 million awarded to GRID Alternatives Tribal Solar Accelerator Fund for renewable energy initiatives
GRID Alternatives Tribal Solar Accelerator Fund Awarded $25 million from$5 million grant to USC Equity Research Institute to strengthen its equity research mission
$5M grant strengthens USC Equity Research Institute's mission for ...$5 million grant to the African American Alliance of CDFI CEOs' Justice Climate Fund
Indigenous Resilience Center receives $2 million grant from ...$2 million grant to the Indigenous Resilience Center
Indigenous Resilience Center receives $2 million grant from ...The foundation maintains an active web presence and engages directly with communities and stakeholders as part of its collaborative approach to grantmaking.
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.
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