NonprofitsHack Foundation

Science & Technology

Hack Foundation

W HOLLYWOOD, CA

Total revenue

$22.4M

Total expenses

$14.2M

Net assets

$18.3M

Grants received

$19.4M

138 grants

EIN

812908499

Tax year

2024

Mission

To help teens gain technical skills through open source projects, friendships, and adventures like hackathons, while fiscally sponsoring charitable initiatives. See schedule o for more.

Programs

1 program

Fiscally sponsored projects. Total revenue: 16,085,394. Total expenses: 9,545,562. Note: this is the sum total of all funds raised and spent across all fiscal sponsees. This is not revenue or expenses of hack club. Started in 2018, the hack foundation started offering fiscal sponsorship services to nonprofit charitable projects - many of which are led by high schoolers. Today we sponsor a wide variety of for-good nonprofit charitable projects through our in-house developed financial transparency software to help grassroots groups do more with less. Hcb by hack club.

Expenses: $9.5M

Financials

FY 2024

Revenue

Contributions & grants$21.3M
Program service revenue$812K
Investment income$216K
Other revenue$8K
Total revenue$22.4M

Expenses

Grants paid
Salaries & benefits$2.5M
Fundraising$279K
Other expenses$11.8M
Total expenses$14.2M
Total assets$18.7M
Net assets$18.3M

People

5 listed

NameRoleCompensation

CHRISTINA ASQUITH

COO AND BOAR

Board

$219K

40 hrs/wk

ZACHARY LATTA

E.D. & PRESI

Board

$119K

40 hrs/wk

THOMAS PRESTON-WERNER

SECRETARY

Board

1 hrs/wk

SAMUEL QUINN SLACK

TREASURER

Board

1 hrs/wk

GARY TOU

HCB TECH LEA

Staff

$140K

40 hrs/wk

Grants received

Showing 138 of 138

FromAmountPurposeYear
$685K
COMMUNITY & HUMAN SERVICES
2024
$640K
ENVIRONMENT, SCIENCE & TECHNOLOGY, SCIENCE & TECHNOLOGY, CIVIL RIGHTS, SOCIAL ACTION & ADVOCACY, ENVIRONMENT, ENVIRONMENT, ENVIRONMENT, CIVIL RIGHTS, SOCIAL ACTION & ADVOCACY, ENVIRONMENT, ENVIRONMENT, ENVIRONMENT, ENVIRONMENT
2024
$400K
RESTRICTED TO PILOTING SCALABLE APPRENTICESHIP MODEL AND TO SUPPORT FORMAL EXPANSION INTO COLLEGE AUDIENCES
2024
$400K
RESTRICTED TO EXPANDING GAME-BASED EDUCATION EFFORTS AND TECHNICAL ENGINEERING TRAINING
2024
$320K
COMMON WEALTH
2024
$315K
FRESH PRODUCE DONATION
2024
$300K
PUBLIC GRIDS
2024
$300K
TO ENABLE HACK CLUB'S TEEN-LED EXPANSION OF AI EDUCATION THROUGH JAMS, WORKSHOPS, AND HACKATHONS.
2024
$257K
FUND CHARITABLE ACTIVITIES
2024
$250K
Health, Medicine & Science
2024
$250K
YOUTH DEVELOPMENT AND EDUCATION
2024
$222K
Program Support
2024
$200K
CAPACITY BUILDING
2024
$200K
TO FURTHER THEIR NONPROFIT PURPOSE.
2024
$155K
GENERAL SUPPORT
2024
$150K
CAMPUS CLIMATE NETWORK
2024
$150K
DEVELOPMENT OF FISCAL SPONSORSHIP CAPACITY
2024
$147K
Program Support
2024
$125K
COMMON WEALTH
2024
$100K
General Support
2024
$100K
ENCOURAGING A JUST TRANSITION AWAY FROM FOSSIL FUELS
2024
$85K
FOR ITS PROJECT THE YOUTH CLIMATE FINANCE ALLIANCE
2024
$65K
GENERAL SUPPORT
2024
$61K
SUSTAINABLE ENVIRONMENT
2024
$50K
LABOUR FOR A GREEN NEW DEAL
2024
$50K
GENERAL SUPPORT FOR CLIMATE ACTIVIST DEFENDERS
2024
$40K
Campus Climate Network
2024
$33K
CLIMATE ACCESSIBILITY
2024
$30K
UNRESTRICTED GENERAL SUPPORT
2024
$25K
FRIDAYS FOR THE FUTURE UGANDA (US)
2024
$20K
INN SUPPORT - LABS
2024
$17K
CHARITABLE GIFT
2024
$16K
PROGRAM SUPPORT
2024
$15K
SOUTH PHILADELPHIA
2024
$14K
TO ASSIST THOSE IN NEED
2024
$10K
GEN/OPER SUPPORT
2024
$10K
GENERAL CHARITABLE
2024
$9K
GENERAL SUPPORT
2024
$6K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$5K
FUNDING FOR VARIOUS PROGRAMS AND PRO
2024
$4K
VOLUNTEER PROGRAM
2024
$4K
TO FURTHER THE MISSION OF THE DONEE
2024
$200
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$4M
SUPPORT CODING EDUCATION
2023
$644K
COMMUNITY & HUMAN SERVICES
2023
$510K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$268K
PUBLIC, SOCIETAL BENEFIT
2023
$250K
COMMON WEALTH
2023
$147K
Program Support
2023
$125K
COMMON WEALTH
2023
$125K
GENERAL PURPOSE
2023
$80K
Support Responsible Technology Youth Power Fund
2023
$75K
GLOBAL YOUTH CLIMATE MOVEMENT
2023
$58K
Program Support
2023
$50K
YOUTH CLIMATE FINANCE ALLIANCE
2023
$50K
CAPACITY BUILDING/GENERAL SUPPORT
2023
$50K
FOR ITS PROJECT THE YOUTH CLIMATE FINANCE ALLIANCE
2023
$50K
GENERAL SUPPORT FOR CLIMATE ACTIVIST DEFENDERS
2023
$48K
For grant recipient's exempt purposes
2023
$48K
Program Support
2023
$43K
BANKING ON A BETTER FUTURE
2023
$40K
CLEAN ENERGY AND JUST TRANSITION
2023
$32K
PUBLIC, SOCIETAL BENEFIT
2023
$30K
UNRESTRICTED GENERAL SUPPORT
2023
$30K
GENERAL OPERATING SUPPORT
2023
$28K
SUPPORT FOR STUDENT RETREAT TO EDUCATE AND BUILD NETWORK OF STUDENT TECHNOLOGISTS FOR CAREER DEVELOPMENT
2023
$25K
SUPPORT FOR REBOOT'S KERNEL MAGAZINE FOR A NARRATIVE STRATEGY TO REIMAGINE TECHNO-OPTIMISM FOR A BETTER COLLECTIVE FUTURE
2023
$20K
Youth Climate Finance Alliance
2023
$20K
General Support
2023
$20K
Research and Education Grants
2023
$15K
ACTIVIST DEFENDERS FUND
2023
$15K
TO SUPPORT THE MARINGINEERS ROBOTICS CLUB FIRST TECH CHALLENGE
2023
$15K
GRANTS FOR ARTS PROJECTS.
2023
$12K
TO PROVIDE HEALTHY FRESH PRODUCE TO FAMILIES IN NEED
2023
$10K
FUTURE UGANDA (US)
2023
$10K
Support multi-cultural interactions through the support of international STEM competitions
2023
$7K
CHARITABLE DONATION
2023
$7K
PROGRAM SUPPORT
2023
$5K
ROBOTICS SUPPORT FOR ALMADEA AZTECHS
2023
$2K
GENERAL SUPPORT
2023
$1K
SUPPORTING COMMUNITY ORGANIZATIONS
2023
$600
GENERAL OPERATING SUPPORT
2023
$500
EDUCATION INITIATIVES
2023
$500
CHARITABLE PURPOSES.
2023
$250
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2023
$206
GENERAL SUPPORT
2023
$190
MATCHING GIFTS
2023
$100
MATCHING CONTRIBUTION MADE BY EMPLOYEE OF YELP, IN
2023
$1.2M
SUPPORT CODING EDUCATION
2022
$639K
For grant recipient's exempt purposes
2022
$543K
COMMUNITY & HUMAN SERVICES
2022
$400K
RESTRICTED TO INSPIRING THE NEXT GENERATION OF TEEN COMPUTER EXPERTS
2022
$200K
General Purpose
2022
$89K
GENERAL SUPPORT
2022
$77K
PUBLIC, SOCIETAL BENEFIT
2022
$43K
UNRESTRICTED GENERAL SUPPORT
2022
$36K
UNRESTRICTED GENERAL SUPPORT
2022
$26K
Program Support
2022
$20K
for general operations
2022
$20K
TO SERVE LOCAL NEWS ON THE WAR IN UKRAINE FROM VERIFIED SOURCES NOT AVAILABLE IN ENGLISH. THE SERVICE TRANSLATES THEM AND PROVIDES REAL-TIME UPDATES TO THE INTERNATIONAL PRESS. THE ORGANIZATION DETERMINED THAT THE PROJECT WAS IN LINE WITH THE CHARITABLE GOALS OF THE ORGANIZATION AND ITS EXPRESSED MISSION.
2022
$20K
TO SERVE LOCAL NEWS ON THE WAR IN UKRAINE FROM VERIFIED SOURCES NOT AVAILABLE IN ENGLISH. THE SERVICE TRANSLATES THEM AND PROVIDES REAL-TIME UPDATES TO THE INTERNATIONAL PRESS. THE ORGANIZATION DETERMINED THAT THE PROJECT WAS IN LINE WITH THE CHARITABLE GOALS OF THE ORGANIZATION AND ITS EXPRESSED MISSION.
2022
$12K
VT TEAM EXPENSES
2022
$10K
OPERATIONAL SUPPORT
2022
$5K
SUPPORT UKRAINIAN PROJECT I AM U ARE.
2022
$67
MATCHING GIFTS
2022
$177K
PUBLIC, SOCIETAL BENEFIT
2021
$30K
Research Grants
2021
$21K
For grant recipient's exempt purposes
2021
$21K
For grant recipient's exempt purposes
2021
$17K
General Support
2021
$15K
T-MOBILE CM CHALLENGE AWARD
2021
$300K
COMMUNITY & HUMAN SERVICES
2020
$153K
PUBLIC, SOCIETAL BENEFIT
2020
$100K
GENERAL PURPOSES
2020
$15K
General Support
2020
$250K
COMMUNITY & HUMAN SERVICES
2019
$96K
PUBLIC, SOCIETAL BENEFIT
2019
$30K
For grant recipient's exempt purposes
2019
$25K
GENERAL SUPPORT
2018
$13K
For grant recipient's exempt purposes
2018
$10K
PUBLIC, SOCIETAL BENEFIT
2018
$10K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$19.4M from 79 funders · 138 grants · 2017–2024

Musk Foundation

$5.2M · 2 grants · 2022–2023

Gs Donor Advised Philanthropy Fund

$2.4M · 6 grants · 2018–2024

128 Collective Foundation

$1.7M · 14 grants · 2023–2024

Dalio Family Fund Inc

$800K · 2 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$780K · 7 grants · 2017–2023

Silicon Valley Community Foundation

$711K · 3 grants · 2022–2024

Rockefeller Philanthropy Advisors Inc

$680K · 2 grants · 2023–2024

Donor Advised Charitable Giving Inc

$546K · 6 grants · 2018–2023

Details

EIN812908499
NTEE codeU41
Subsection03
Ruling date2016-12
Formed2016
Employees69
Volunteers2
HACK FOUNDATION — Mission, Financials & Grants Received | Grantivo