Munger Tolles & Olson Foundation

Analysis

Munger Tolles & Olson Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 1983, 43 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Munger Tolles & Olson Foundation reported income of $1.8m and spending of $1.9m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.8m (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Munger Tolles & Olson Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include North Arkansas Medical Services ($1.8m), Pennsylvania Breast Cancer Coalition ($1.8m) and Dallas Social Venture Partners ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.