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Kevin And Nicole Systrom Foundation is a private corporation based in PALO ALTO, CA. The foundation received its IRS ruling in 2022. The principal officer is % Tom Van Loben Sels. It holds total assets of $38.1M. Annual income is reported at $30.4M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Kevin And Nicole Systrom Foundation has made 15 grants totaling $2M, with a median grant of $100K. Annual giving has decreased from $1.2M in 2022 to $835K in 2023. Individual grants have ranged from $35K to $300K, with an average award of $136K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in California and Massachusetts and Washington. Contributions to this foundation are tax-deductible.
Kevin And Nicole Systrom Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in CA, MA, WA.
Kevin And Nicole Systrom Foundation has distributed a total of $2M across 15 grants. The median grant size is $100K, with an average of $136K. Individual grants have ranged from $35K to $300K.
Kevin And Nicole Systrom Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kevin And Nicole Systrom Foundation is headquartered in PALO ALTO, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kevin Systrom | CO-PRESIDENT/TREASURER | $0 | $0 | $0 |
| Nicole Systrom | CO-PRESIDENT/SECRETARY | $0 | $0 | $0 |
| Tom Van Loben Sels | ASSISTANT SECRETARY | $0 | $0 | $0 |
Total Giving
$745K
Total Assets
$23.5M
Fair Market Value
$23.5M
Net Worth
$23.4M
Grants Paid
$635K
Contributions
$0
Net Investment Income
$293K
Distribution Amount
$1.1M
Total: $13.9M
Total Grants
15
Total Giving
$2M
Average Grant
$136K
Median Grant
$100K
Unique Recipients
8
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Nueva School23-24 NUEVA FUND | Hillsborough, CA | $200K | 2023 |
| Tahoe Truckee Community FoundationFOREST FUTURES FUND | Truckee, CA | $200K | 2023 |
| Activate Global IncGENERAL SUPPORT | Berkeley, CA | $150K | 2023 |
| San Francisco Food BankGENERAL SUPPORT | San Francisco, CA | $100K | 2023 |
| Tisbest PhilanthropyREDEFINE GIFTING PROGRAM | Seattle, WA | $100K | 2023 |
| Ceres IncGENERAL SUPPORT | Boston, MA | $50K | 2023 |
| Berkeley Music GroupTHE ENERGY FOUNDATION BENEFIT | Berkeley, CA | $35K | 2023 |
| Actuate Innovation IncACTUATE CLIMATE PROGRAM | Palo Alto, CA | $100K | 2022 |
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