Overview
What is Open Philanthropy?
Open Philanthropy is a nonprofit organization headquartered in Palo Alto, California. Its primary focus is to conduct research and analysis to enhance the effectiveness and impact of philanthropic contributions. The organization aims to study various philanthropic categories such as direct aid, research and development, and policy advocacy. By gathering data and gaining insights, Open Philanthropy aims to shape future giving to have the broadest and most meaningful long-term impact on improving the lives of as many people as possible. With a team of 16 dedicated professionals, Open Philanthropy strives to provide valuable learning and experience to philanthropic organizations and the general public alike.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
Open Philanthropy has received a Four-Star out of Four Star rating from Charity Navigator, indicating a strong performance in terms of accountability and finance. The rating is based solely on financial metrics, where the charity has scored exceptionally high in several key areas, including a program expense ratio of 92.11%. This suggests that the majority of its expenditures are directed towards its programs and mission, reflecting a commitment to effective use of resources.
The organization's governance is also commendable, with 60% of its board members being independent, ensuring a level of oversight that mitigates potential conflicts of interest. Furthermore, Open Philanthropy has robust policies in place, such as a conflict of interest policy and a whistleblower policy, both of which contribute to transparency and accountability. The absence of material diversion of assets reinforces the trustworthiness of the organization.
While the charity's financial health appears solid, with a low liabilities to assets ratio of 0.22%, the rating does not encompass programmatic effectiveness or impact metrics. This limitation means that while Open Philanthropy is financially responsible, further information would be necessary to gauge the actual outcomes of its philanthropic efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Open Philanthropy legitimate?
Open Philanthropy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Philanthropy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,700,226
For more financial information, click here
What is the mission statement of Open Philanthropy?
Open Philanthropy's mission is centered around enhancing the effectiveness and impact of philanthropic giving. Their primary objective is to conduct research and analysis to identify the most promising strategies for ensuring that philanthropy positively influences the lives of a large number of people. By engaging in studies and research, Open Philanthropy aims to provide data and new insights to philanthropic organizations and the general public, thereby helping them improve the effectiveness and impact of their charitable contributions. The organization's continuous learning and experience gathering across various philanthropic categories, such as direct aid, research and development, and policy advocacy, enable future giving to have the broadest and most meaningful long-term impact on as many lives as possible.
Who is the CEO of Open Philanthropy?
Cari Tuna is the President/Director of Open Philanthropy. The CEO's salary of Open Philanthropy is $0 and their total compensation is $0.
What is the revenue of Open Philanthropy?
Open Philanthropy's revenue in 2022 was $2,586,689.
Who are the executives of Open Philanthropy and what are their salaries?
The average compensation at Open Philanthropy during 2022 was $106,264. There are 16 employees and 6 volunteers at Open Philanthropy.
Here are 11 key members and their salaries (Open Philanthropy's CEO's salary is $0 and their total compensation is $0):
- Compensation: $379,321
- Related: $0
- Other: $21,610
- Compensation: $269,515
- Related: $0
- Other: $49,712
- Compensation: $243,234
- Related: $0
- Other: $72,865
- Compensation: $181,916
- Related: $0
- Other: $29,755
- Compensation: $163,303
- Related: $0
- Other: $28,544
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Open Philanthropy?
Open Philanthropy's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Open Philanthropy
Open Philanthropy, as an organization, is dedicated to conducting research and analysis aimed at enhancing the effectiveness and impact of philanthropic giving. Their mission is to study various philanthropic categories such as direct aid, research and development, and policy advocacy, in order to identify the most promising options for ensuring that philanthropy positively influences the lives of a large number of people over the long term. By engaging in rigorous study and research, Open Philanthropy aims to provide data and new insights to both philanthropic organizations and the general public, enabling them to improve the effectiveness and impact of their own giving. Through this work, Open Philanthropy is accumulating knowledge and experience across different philanthropic sectors, with the ultimate goal of directing future giving towards initiatives that will have the broadest and most significant long-term impact on the lives of as many people as possible.
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Impact
July, 2024
Open Philanthropy's impact lies in its dedicated effort to study and research ways to enhance the effectiveness and impact of philanthropic giving. By delving into various philanthropic categories such as direct aid, research and development, and policy advocacy, Open Philanthropy is constantly gaining valuable insights and data to guide philanthropic organizations and the general public in making more impactful giving decisions. Ultimately, the organization's mission is to ensure that philanthropy has a lasting impact on improving the lives of as many people as possible.
This information is meant to be a general summary of Open Philanthropy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $622,381
- Gross Receipts: $9,284,281
Assets and Liabilities:
- Total Assets: $27,196,579
- Total Liabilities: $62,321
- Net Assets: $27,134,258
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Organization Details
Founding Year
2015
Phone
(650) 804-7100Principal Officer
Cari Tuna
Main Address
314 LYTTON AVE, PALO ALTO, CA, 94301
NTEE Category
Code: B60 - Education
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