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PALO ALTO, CA

Carl Victor Page Memorial Foundation

Quick Facts

EIN
201922957
Location
PALO ALTO, CA
Category
Philanthropy & Grantmaking
Total Assets
$4.5B
Annual Income
$1.9B
IRS Ruling Year
2006
Organization Type
Corporation
Principal Officer
% Rosewood Family Advisors Llp
Tax Deductibility
Contributions are deductible

About This Foundation

Carl Victor Page Memorial Foundation is a private corporation based in PALO ALTO, CA. The foundation received its IRS ruling in 2006. The principal officer is % Rosewood Family Advisors Llp. It holds total assets of $4.5B. Annual income is reported at $1.9B. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$315.8M

2023+2%

Total Assets

$4B

2023+5%

Fair Market Value

$6.3B

2023

Net Worth

$4B

2023

Grants Paid

$285.6M

2023

Contributions

$55.7M

2023

Net Investment Income

$581.6M

2023

Distribution Amount

$273.6M

2023

Total Giving by Year

$14M
11
$29.7M
12
$41.5M
13
$75.2M
14
$101.8M
15
$13.9M
19
$46.2M
20
$218.2M
21
$309M
22
$315.8M
23

Asset Growth

$340.7M
11
$458.2M
12
$773.3M
13
$1.1B
14
$1.5B
15
$2.4B
19
$2.7B
20
$3.5B
21
$3.8B
22
$4B
23

Investment Portfolio (2023)

Total: $2.5B

Corporate Stock: $599.2M
Corporate Bonds: $1.9B
Other Investments: $1.4B
Cash: $217K
Corporate Stock (15%)
Corporate Bonds (49%)
Other Investments (36%)
Cash (0%)

Expense Breakdown (2023)

Grants Paid$285.6M
Interest$2.2M
Accounting Fees$767K
Legal Fees$56K

Revenue Sources (2023)

Capital Gains (Net)
$328.1M
Contributions
$55.7M
Dividends
$54.7M
Interest
$11.1M
Other Income
$8.7M
Gross Rents
$36K

Financial Details (2023)

Total Revenue
$458.4M
Total Expenses
$315.8M
Exempt Purpose Expenses
$286.2M
Required Distribution
$273.6M
Undistributed Income
$269.8M
Grants Approved (Future)
$59.5M
Total Liabilities
$50.9M
Excise Tax
$8.1M

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

5

Total Giving

$227M

Average Grant

$45.4M

Median Grant

$985K

Total Giving by Year

$31M (3 grants)
20
$196M (2 grants)
21

Grant Range

Min$1K
Max$195M
Median: $985K
Smallest grantLargest grant

Openness to New Grantees (2021)

0%

of 2021 grantees were first-time recipients

Geographic Distribution of Grants

AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
PA: $227M (4)
NJ
CA
CA: $1K (1)
UT
CO
NE
MO
KY
WV
VA
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
PA$227M (4)
CA$1K (1)

Past Grantees

RecipientLocationAmountYear
National Philanthropic TrustGENERAL CHARITABLE PURPOSEJenkintown, PA$195M2021
National Philanthropic TrustGENERAL CHARITABLE PURPOSEJenkintown, PA$981K2021
National Philanthropic TrustGENERAL CHARITABLE PURPOSEJenkintown, PA$30M2020
National Philanthropic TrustFOR GENERAL OPERATIONS AT STEPPING STONES INTERNATIONALJenkintown, PA$985K2020
American Cancer SocietyIN SUPPORT OF GENERAL OPERATIONSSan Francisco, CA$1K2020

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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