Kipp Foundation
87% goes to programs $3 to raise $100 Strong reserves Growing revenue
Kipp Foundation is a 501(c)(3) organization based in San Francisco, California, registered in 2007, with $111,413,893 in FY2023 revenue. CharityIndex grades it A, and it directs about 87% of spending to programs.
1875 Mission St Apt 130, San Francisco, CA, 94103 EIN 94-3362724 Since 2007
Revenue (FY2023)
$111.4M
▲ 42.2% vs prior year
Education median: $200K
Expenses (FY2023)
$89.8M
Net assets
$113.3M
Employees
301
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating87% to programs · $3 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Kipp Foundation: 87% to programs · $3 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating15 mo reserves · +19% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Kipp Foundation: 15 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Kipp Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Kipp Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To create public schools that equip educationally underserved students with skills to succeed.
What they do
Academics & culture: to ensure all kippsters experience a joyful and academically excellent education that unlocks their full potential, the kipp foundation partners with kipp schools and regions to build systems that advance academic excellence, establish a healthy school culture, and ensure teachers are effectively supported in expanding their content knowledge and shared experiences. the kipp foundation also provides kipp schools and regions with curriculum, assessment, and other instructional resources; as well as training and implementation support to maximize instructional effectiveness and student outcomes.
Research, design & innovation: the kipp foundation supports continuous learning and improvement among kipp schools & regions by:- creating on-going visibility into kipp's network-wide performance and generating actionable insights; - ensuring high quality data and research to support network leaders in making data-driven decisions; and - promoting innovation and facilitating the exchange of ideas through network-wide retreats and professional development events.
Policy & public affairs: the kipp foundation has adopted a policy and public affairs strategy to:- proactively shift the narrative about kipp and charters to protect and grow the kipp brand, engage more stakeholders and pave the way for growth; - build authentic relationships rooted in a shared agenda to advocate nationally and locally on key policy priorities that support students and alumni on the path to leading choice-filled lives; - connect adult alumni to each other and to kipp;- build the capacity of kipp schools & regions to leverage kipp's national scale and communicate and advocate proactively in a coordinated manner.network talent & leadership development: the kipp foundation partners with kipp schools & regions to build and sustain healthy talent ecosystems to ensure strong, equitable, inclusive talent planning, recruitment, selection and development of teachers and leaders. the kipp foundation also supports the development of kipp principals and district leaders through a systemic strategy to ensure healthy principal pipelines.kipp forward:the kipp foundation supports kipp schools and regions in strengthening their college counseling and alumni advising to ensure that kipp alumni are prepared for the educational and career path that fits their goals and sense of purpose. the kipp foundation has created a set of national initiatives and programs designed to support and provide resources to local kipp forward programs across the country. these programs include: - college partnerships; - support for kipp alumni on college campuses; - career exposure and exploration; - and professional development for school leaders through training, and shared tools and resources.
Contact & location
- Address
- 1875 Mission St Apt 130, San Francisco, CA, 94103
- City
- San Francisco
- State
- California
- Category
- Education
- Subcategory
- Educational Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $64.8M (FY2013) to $111.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $27.7MNet assets $113.3M
Operating margin
19.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$141.0M
Total liabilities
$27.7M
Net assets
$113.3M
Salaries & benefits
$35.2M
39% of expenses
Board members
14
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $111,413,893▲42.2% | $89,830,189▼14.1% | $113,290,413▲25.6% | $140,977,184▲21.5% | 990 |
| 2022 | $78,346,517▼40.1% | $104,630,766▲9.1% | $90,170,858▼22.4% | $116,066,149▼14.8% | 990 |
| 2021 | $130,699,963▲47.6% | $95,902,128▲20.6% | $116,208,820▲38.6% | $136,274,072▲34.4% | 990 |
| 2020 | $88,532,017▼10.3% | $79,544,779▲10.9% | $83,841,984▲11.4% | $101,389,797▲10.0% | 990 |
| 2019 | $98,671,859▲53.4% | $71,727,584▲8.4% | $75,253,258▲55.8% | $92,182,732▲37.0% | 990 |
| 2018 | $64,318,019▼8.0% | $66,187,657▼10.3% | $48,308,983▼3.7% | $67,290,028▼4.5% | 990 |
| 2017 | $69,907,277▲16.9% | $73,827,353▲13.4% | $50,178,621▼7.9% | $70,465,363▼4.7% | 990 |
| 2016 | $59,824,957▼22.5% | $65,114,707▲5.1% | $54,488,542▼9.2% | $73,943,185▼10.2% | 990 |
| 2015 | $77,151,078▲12.8% | $61,932,515▼13.9% | $60,015,472▲34.0% | $82,387,227▲25.9% | 990 |
| 2014 | $68,408,478▲5.5% | $71,901,014▲5.6% | $44,796,909▼7.2% | $65,449,107▼2.6% | 990 |
| 2013 | $64,842,724 | $68,089,930▲24.4% | $48,289,445▼6.3% | $67,203,205▲1.0% | 990 |
| 2012 | — | $54,733,139▲10.3% | $51,536,651▲33.0% | $66,529,616▲24.1% | 990 |
| 2011 | — | $49,619,118▲39.7% | $38,743,401▲23.2% | $53,596,877▲15.3% | 990 |
| 2010 | — | $35,514,952▲43.4% | $31,460,008▲70.0% | $46,500,456▲61.8% | 990 |
| 2009 | — | $24,772,980 | $18,500,763 | $28,737,197 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Shavar Jeffries — $709,670 (0.79% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Shavar Jeffries | Ceo and Board Member | 40 | $709,670 |
| Kinnari Patel-smyth | President | 40 | $488,106 |
| Jonathan Cowan | Chief Data & Technology Officer | 40 | $300,778 |
| John Alford | Chief Network Growth Officer | 40 | $284,679 |
| Courtney Bell | Chief People Officer | 40 | $270,720 |
| Dave Levin | Strategic Advisor & Board Member | 40 | $270,045 |
| Patricia Coad | Vp Dev/interim Sec (partial Year) | 40 | $266,309 |
| Anne Latarte | Chief Strategy Officer | 40 | $265,412 |
| Benny Vasquez | Chief Equity & Diversity Officer | 40 | $255,873 |
| Carolyn Hack | Interim Cfo (partial Year) | 40 | $233,317 |
| Neyha Rajan | Interim Gc/interim Sec(partial Year) | 40 | $159,215 |
| Aisha Christian | Chief Legal Off/sec (partial Year) | 40 | $107,495 |
| Leanne Hernandez | Cfo (partial Year) | 40 | $55,391 |
| Abigail Wexner | Board Member | 1 | — |
| A'dorian Murray-thomas | Board Member | 1 | — |
| Carrie Walton Penner | Board Member | 1 | — |
| Emma Bloomberg | Board Member | 1 | — |
| John Fisher | Board Member | 1 | — |
| Katherine Bradley | Chairman of the Board | 1 | — |
| Maria Anguiano | Board Member | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Xmedia Group LLC | Regional Marketing | $4,476,017 |
| Array Education | Literacy Instruction Services | $2,542,000 |
| Linkedin Corporation | Staff Recruitment Services | $416,073 |
| Hyatt Equities LLC | Conference Services | $346,904 |
| Isaacson Miller Inc | Staff Recruitment Services | $346,648 |
Grants received · $160.9M total
99 grants to Kipp Foundation totaling $160.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $3,000,000 |
| Charter Fund Inc | Impact and innovation | 2024 | $100,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $30,000 |
| Greater Washington Community Foundation | General support | 2024 | $20,810 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $20,000 |
| Silicon Valley Community Foundation | Education | 2024 | $15,000 |
| American Online Giving Foundation Inc | General support | 2024 | $11,612 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $20,017,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2023 | $3,000,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $1,594,419 |
| Donor Advised Charitable Giving | Education | 2023 | $348,333 |
| Greater Washington Community Foundation | General support | 2023 | $250,000 |
| The Bessemer Giving Fund | General support | 2023 | $25,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $18,825 |
| American Online Giving Foundation Inc | General support | 2023 | $12,712 |
Grants made · $35.6M in FY2023
29 grants totaling $35.6M in FY2023 — showing the 15 largest. All grants made by Kipp Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Kipp Socal Public Schools | Academic one kipp initiatives, advocacy and community outreach, postsecondary nudge program, school start-up | $4,539,489 |
| Kipp New York Inc | Academic one kipp initiatives, postsecondary collaborative, postsecondary career integration, postsecondary nudge program, school start-up | $3,618,773 |
| Kipp Bay Area Schools | Academic one kipp initiatives, principal pipeline & development, executive director support, postsecondary readiness support, postsecondary nudge program | $3,239,720 |
| Kipp Texas Public Schools | Academic one kipp initiatives, postsecondary career pathways, student recruitment support, executive director support, postsecondary readiness support, postsecondary gpa data infrastructure management, postsecondary nudge program, school start-up | $3,032,196 |
| Kipp Baltimore Inc | Academic one kipp initiatives, principal pipeline & development, student recruitment initiatives, gpa data infrastructure management, school start-up | $2,624,692 |
| Kipp Nashville | Academic one kipp initiatives, postsecondary readiness support, postsecondary gpa data infrastructure management, postsecondary nudge program, school start-up | $2,116,692 |
| Kipp Dc Public Charter Schools | Academic one kipp initiatives, postsecondary career pathways support, postsecondary nudge program, school start-up | $1,892,696 |
| Team Academy Charter School Inc | Academic one kipp initiatives, principal pipeline & development, postsecondary career pathway support, school start-up | $1,789,233 |
| Kipp North Carolina Public Schools Inc | Academic one kipp initiatives, principal pipeline & development, student recruitment initiatives, postsecondary gpa data infrastructure management, postsecondary nudge program, school start-up | $1,323,647 |
| Kipp Philadelphia Charter School | Academic one kipp initiatives, executive director support, postsecondary nudge program, school start-up | $1,248,860 |
| Kipp Chicago | Academic one kipp initiatives, principal pipeline & development, advocacy and community outreach, ai math pilot, school start-up | $1,108,449 |
| Kipp Whole Child Center | Academic one kipp initiatives, executive director support, school start-up | $1,053,725 |
| Kipp Columbus | Academic one kipp initiatives, advocacy and community outreach, student recruitment initiatives, postsecondary readiness support, postsecondary nudge program | $949,579 |
| Kipp New Orleans Inc | Academic one kipp initiatives, postsecondary readiness support, postsecondary gpa data infrastructure management, postsecondary nudge program, school start-up | $843,630 |
| Kipp St Louis | Academic one kipp initiatives, postsecondary readiness support, postsecondary gpa data infrastructure management, postsecondary nudge program | $775,066 |
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Frequently asked questions
- Is Kipp Foundation a legitimate nonprofit?
- Yes. Kipp Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-3362724, based in San Francisco, California. Donations are tax-deductible.
- What is Kipp Foundation's EIN?
- Kipp Foundation's Employer Identification Number (EIN) is 94-3362724.
- How much revenue does Kipp Foundation report?
- Kipp Foundation reported $111,413,893 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Kipp Foundation's spending goes to programs?
- Kipp Foundation spends about 87% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Kipp Foundation have?
- CharityIndex grades Kipp Foundation A, based on program efficiency and fundraising cost.
- How much does Kipp Foundation's highest-paid employee make?
- The highest reported compensation on Kipp Foundation's latest Form 990 is $709,670, paid to Shavar Jeffries (Ceo and Board Member).
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Data for Kipp Foundation (EIN 94-3362724) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.