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The Skoll Foundation

Profile

Last Updated: 2016-06-09

At A Glance

The Skoll Foundation

250 University Ave., Ste. 200

Palo Alto, CA United States 94301-1738

Telephone: (650) 331-1031

URL: www.skollfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Venture philanthropy fund

Financial Data

(yr. ended 2014-12-31)

Assets: $604,352,665

Total giving: $20,272,195

EIN

113659133

BRIDGE Number

7213954841

Background

Established in 2002 in CA. In 2004, the foundation incorporated the Skoll Community Fund, a supporting organization associated with the Silicon Valley Community Foundation of San Jose, CA, into its operations - Founded by Jeff Skoll, the first employee and president of the online auction firm, eBay. Skoll also founded Participant Media, an independent film production company with credits including the Oscar-nominated "Syriana," "Good Night, and Good Luck" and "North Country." Jeff Skoll has committed to The Giving Pledge, and has pledged to give away at least half of his wealth to philanthropy.

Purpose and Activities

The Skoll Foundation drives large-scale change by investing in, connecting, and celebrating social entrepreneurs and other innovators dedicated to solving the world’s most pressing problems.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

The foundation has made PRIs in the form of loans to provide capital to financial institutions serving the poor in developing nations around the world. Historically, the foundation has made PRIs to enable proven social entrepreneurs to grow capital and expand capacity.

Skoll Awards for Social Entrepreneurship (SASE)

The Skoll Awards for Social Entrepreneurship are presented each year to a select group of social entrepreneurs whose proven innovations are disrupting an unjust and unsustainable status quo and have demonstrated impact on solving some of the world’s most pressing problems. The award recognizes organizations that have the potential to scale their success and also to drive large-scale, systems change. Starting with its 2016 Skoll Awardee sourcing process, the foundation will be launching an online nomination system in the fall of 2014 .

Fields of Interest

Subjects
  • Social enterprise
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $604,352,665 (market value)

Gifts received: $16,956,195

Expenditures: $56,016,741

Total giving: $20,272,195

Qualifying distributions: $32,739,368