Overview
The Craig Newmark Foundation, based in San Francisco, CA, is a philanthropic organization with assets totaling approximately $154 million. The foundation's expenses are around $43.7 million, while its revenue is about $8.4 million. The foundation is involved in funding initiatives across various cities in the United States, including major cities like New York, Los Angeles, and San Francisco, as well as smaller cities such as Cohasset and Encinitas. It supports projects in multiple states, including California, New York, and Texas. The foundation is led by Craig Newmark, who serves as President, and Mabel Hsu, the CFO, both of whom work without compensation. The foundation does not specify particular subject areas for its funding.
Focus Areas
Geographic Focus
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Financials
in 2024, compared to $192,052,720 in 2023
50 grants awarded in 2024
Of total expenses go to programs
Grants
Amount | Recipient | Purpose | Location | Year | |
|---|---|---|---|---|---|
| $11,400,000 | BOB WOODRUFF FAMILY FOUNDATION | GENERAL PURPOSE | 1350 BROADWAY SUITE 905 NEW YORK, NY US | 2024 | |
| $7,500,000 | Global Cyber Alliance Inc | General Purpose | 31 Tech Valley Dr East Greenbush, NY US | 2023 | |
| $6,900,000 | BLUE STAR FAMIILIES | GENERAL PURPOSE | 441 SAXONY THE HIVE/BARN 2 ENCINITAS, CA US | 2024 | |
| $5,000,000 | President and Fellows of Harvard College | GENERAL PURPOSE | 2 Morrissey Blvd MA5-527-02-07 Dorchester, MA US | 2022 | |
| $5,000,000 | Consumer Reports | General Purpose | 101 Truman Ave Yonkers, NY US | 2023 | |
| $5,000,000 | Civic Hall Labs Inc | General Purpose | 633 3rd Ave 6th Floor New York, NY US | 2023 | |
| $5,000,000 | THE ASPEN INSTITUTE | GENERAL PURPOSE | 2300 N ST NW SUITE 700 WASHINGTON, DC US | 2024 | |
| $4,000,000 | The Aspen Institute | General Purpose | 2300 N St NW Suite 700 Washington, DC US | 2023 | |
| $3,750,000 | Bob Woodruff Foundation | GENERAL PURPOSE | 1350 Broadway Suite 905 New York, NY US | 2022 | |
| $3,000,000 | The Aspen Institute Inc | GENERAL PURPOSE | 2300 N St NW Suite 700 Washington, DC US | 2022 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
MH Mabel Hsu | CFO | $110,000 | 2022 |
CN Craig Newmark | President | $0 | 2022 |
CN CRAIG NEWMARK | PRESIDENT | $0 | 2023 |
MH MABEL HSU | CFO | $0 | 2023 |
CN CRAIG NEWMARK | PRESIDENT | $0 | 2024 |
Mabel Hsu
CFO
Craig Newmark
President
CRAIG NEWMARK
PRESIDENT
MABEL HSU
CFO
CRAIG NEWMARK
PRESIDENT
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on December 15, 2024