NonprofitsClose The Gap Foundation

Youth Development

Close The Gap Foundation

MOUNTAIN VIEW, CA

Total revenue

$58K

Total expenses

$12K

Net assets

$176K

Grants received

$441K

12 grants

EIN

831242219

Tax year

2024

Mission

Close the Gap Foundation is a 501c3 nonprofit organization based in Sunnyvale California Founded with the vision to create an equitable future without opportunity gaps for low-income youths Close the Gap Foundation works to empower first-generation low-income FGLI students to build lifelong confidence and reach their fullest potential Close the Gap Foundations flagship program the Social Impact Fellowship is a three-month all- expenses-paid program that helps first-generation low-income high school students find mentors grow their confidence and give back Through structured mentorship and project-based learning Fellows work with mentors from renowned organizations like Amazon Apple Google Microsoft and UCSF to tackle a self-directed social impact project to pitch to a panel of industry leaders

Financials

FY 2024

Revenue

Contributions & grants$57K
Program service revenue$30
Investment income$2K
Other revenue
Total revenue$58K

Expenses

Grants paid$8K
Salaries & benefits
Fundraising
Other expenses$3K
Total expenses$12K
Total assets$176K
Net assets$176K

People

6 listed

NameRoleCompensation

Tai Tran

President

Board

20 hrs/wk

Jessie Salas

Executive Director

Board

20 hrs/wk

Kaiwen Kevin Pang

Chief Financial Officer

Board

20 hrs/wk

Sonia Sng

Board Director

Board

20 hrs/wk

Sushma Kiran

Board Director

Board

20 hrs/wk

Manav Gupta

Board Director

Board

20 hrs/wk

Grants received

Showing 12 of 12

FromAmountPurposeYear
$1K
MATCHING CONTRIBUTION MADE BY EMPLOYEE OF YELP, IN
2023
$7K
GENERAL SUPPORT
2022
$6K
TECH EDUCATION & TRAINING
2022
$8K
General Support
2021
$400
GENERAL OPERATING SUPPORT
2021

Funded by

$441K from 5 funders · 12 grants · 2019–2024

American Online Giving Foundation Inc

$411K · 6 grants · 2019–2024

Paypal Charitable Giving Fund

$22K · 3 grants · 2021–2023

Affirm Cares

$6K · 1 grant · 2022

The Yelp Foundation

$1K · 1 grant · 2023

Jpmorgan Chase Foundation

$400 · 1 grant · 2021

Details

EIN831242219
NTEE codeO53
Subsection03
Ruling date2018-10
CLOSE THE GAP FOUNDATION — Mission, Financials & Grants Received | Grantivo