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Good Ventures Foundation EIN 46-1008520 Form 990 (PDF) Claim this org

Good Ventures Foundation

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A private foundation based in Palo Alto, CA. It reported about $2.60B in revenue for 2024. For fiscal year 2024 it reported $2.6B in revenue, $369.1M in expenses, and $9.9B in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Palo Alto, CA
Website
www.goodventures.org
Filings
5 on file (2020–2024)
Revenue
$2.6BFY2024
Expenses
$369.1M
Net assets
$9.9B
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-1008520 Private foundation / grantmaker Palo Alto, CA 3 followers
Form 990 (PDF)
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Figures match the IRS filing checked 7/3/26 · see original: IRS
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Size
$100M+
What they do
A private foundation based in Palo Alto, CA. It reported about $2.60B in revenue for 2024.
Leadership
Cari Tuna · President, Board Chair, Director
Money in and out
$2.6B revenue, $369.1M expenses
Bottom line
—
Grants paid & assets · FY2024
Total revenue
$2.6B
Pt VIII · Ln 12
Total expenses
$369.1M
Pt IX · Ln 25
Net assets
$9.9B
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.2B
Total assets
10.1B
deployed as grants and operations
Grants paid
293.5M
in FY2024
Grants made
565grants
total in period
Payout rate
3%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 565 grants · $306.7M · 2024–2024
Centre for Effective Altruism INCFY2024$10,500,000
Malaria ConsortiumFY2024$9,381,474
Open Road Impact INCFY2024$8,850,983
The University of EdinburghFY2024$8,328,964
80000 Hours LtdFY2024$6,600,000
Alpenglow Group LtdFY2024$6,374,319
Gdi-Solutions INCFY2024$5,339,190
Chancellor Masters and Scholars of the University of OxfordFY2024$4,703,785
International Aids Vaccine Initiative INCFY2024$4,391,492
Eleanor Crook FoundationFY2024$4,250,000
Institut De Formulation Des Vaccins (ch) LtdFY2024$3,804,570
Johns Hopkins UniversityFY2024$3,746,247
Tara Climate LtdFY2024$3,500,000
Open Road Impact INCFY2024$3,456,582
Blueprint BiosecurityFY2024$3,250,000
Compassion in World Farming InternationalFY2024$3,148,778
Mats Research INCFY2024$3,038,300
Dalhousie UniversityFY2024$3,000,000
See all 565 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$543K
Median grantPart XV$154K
Largest grantPart XV$10.5M

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Revenue
$2.6B
FY2024▲ +73%
Expenses
$369.1M
FY2024▼ -2%
Total assets
$10.1B
FY2024▲ +27%
Total liabilities
$176.3M
FY2024+0.5%
Total revenue
$2.6B
Pt VIII · Ln 12
Total expenses
$369.1M
Pt IX · Ln 25
Net assets
$9.9B
Pt X · Ln 32
Total assetsPt II$10.1B

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGood Ventures Foundation
EINHdr · item D46-1008520
Principal addressHdr · item CPalo Alto, CA
WebsiteHdr · item Jwww.goodventures.org
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFMar 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Cari Tuna
President, Board Chair, Director
$0Pt VII · Sec A
Dustin Moskovitz
Secretary, Treasurer, Director
$0Pt VII · Sec A
Divesh Makan
Director
$0Pt VII · Sec A
Tom Van Loben Sels
Assistant Secretary
$0Pt VII · Sec A
See Good Ventures Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$1.4B · 54%
Investment income$918.2M · 35%
Other revenue$283.5M · 11%
Contributions & grants54%$1.4B
Investment income35%$918.2M
Other revenue11%$283.5M
Total revenueLn 12$2.6B

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.80 Operating & administrative $0.20
Grants & contributions paid80%$293.5M
Operating & administrative20%$75.6M
Total functional expensesLn 25$369.1M

Balance Sheet

Part X · end of year
CashLn 1$1.0B
Total assetsLn 16$10.1B
Total liabilitiesLn 26$176.3M
Total net assetsLn 32$9.9B
Months of cash on handcomputed32.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $10.1B
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $2.6B
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $2.6B
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $2.6B · Prior year $1.5B
+73%
Revenue CAGR
FY2019 $1.2B · FY2024 $2.6B
+16%
Net-asset trend (YoY)
End of year $9.9B · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.6B · Expenses $369.1M
+86%
Liabilities-to-Assets
Total liabilities — · Total assets $10.1B
—
Net-asset ratio
Net assets $9.9B · Total assets $10.1B
98%
People & payroll
Highest Reported Total Compensation
Individual Cari Tuna · Reported title PRESIDENT, BOARD CHAIR, DIRECTOR · Highest reported compensation $0 · Total expenses $369.1M
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 73%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$1.5B revenue · ⤓ 990 PDF
FY2023$2.2B revenue · ⤓ 990 PDF
FY2022$627.1M revenue · ⤓ 990 PDF
FY2021$449.7M revenue · ⤓ 990 PDF
FY2020$1.2B revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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