The Skoll Fund

Analysis

The Skoll Fund is a registered charity in United States, based in Mountain View, CA. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Skoll Fund reported income of $32.5m and spending of $53.9m, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $58.3m to $32.5m (-44%), an average of -14% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 47% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Skoll Fund sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Houston Jewish Community Foundation ($32.5m), Columbus State Community College Development Foundation Inc ($32.6m) and Ohio Shared Information Services Inc ($32.1m).

At year end it held assets of $867.4m against liabilities of $16.3m, net assets of $851.1m.