Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
FOUNDERS PLEDGE INC
 
Number and street (or P.O. box number if mail is not delivered to street address)228 PARK AVE S PMB 71081
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
NEW YORK, NY100031502
A Employer identification number

37-1795297
B Telephone number (see instructions)

(646) 585-9644
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$11,050,176
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 10,951,011
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 4,930 4,930  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 10,955,941 4,930  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 66,105 0   66,105
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 13,198 0   13,198
b Accounting fees (attach schedule)....... 14,875 744   14,131
c Other professional fees (attach schedule).... 1,326,238 60,010   1,266,228
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion... 3,956 0  
20 Occupancy.............. 45,865 0   45,865
21 Travel, conferences, and meetings....... 9,925 0   9,925
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 68,160 0   68,160
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,548,322 60,754   1,483,612
25 Contributions, gifts, grants paid....... 3,428,699 3,428,699
26 Total expenses and disbursements. Add lines 24 and 25 4,977,021 60,754   4,912,311
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,978,920
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,105,223 10,472,246 10,472,246
2 Savings and temporary cash investments......... 2,694,022 9,040 9,040
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet276,166
Less: allowance for doubtful accounts bullet     276,166 276,166
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 22,580 24,199 24,199
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 161,433 Click to see attachment252,310 255,000
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet19,973
Less: accumulated depreciation (attach schedule) bullet6,448 16,067 Click to see attachment13,525 13,525
15 Other assets (describe bullet) Click to see attachment6,350 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,005,675 11,047,486 11,050,176
Liabilities 17 Accounts payable and accrued expenses.......... 24,457 172
18 Grants payable.................   90,226
19 Deferred revenue................. 40,411  
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment23,583 Click to see attachment23,583
23 Total liabilities (add lines 17 through 22)......... 88,451 113,981
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 4,917,224 10,733,505
25 Net assets with donor restrictions............   200,000
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,917,224 10,933,505
30 Total liabilities and net assets/fund balances (see instructions). 5,005,675 11,047,486
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,917,224
2
Enter amount from Part I, line 27a .....................
2
5,978,920
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
37,361
4
Add lines 1, 2, and 3 ..........................
4
10,933,505
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
10,933,505
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 0
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletAL, AK, AR, CA, CO, CT, FL, GA, HI, IL, KS, KY, MD, MA, MI, MN, MS, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, TN, UT, VA, WA, WV, WI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletFOUNDERSPLEDGE.COM
    14
    The books are in care ofbulletCHARLOTTE MONICO Telephone no.bullet (646) 585-9644

    Located atbulletRUNWAY EAST 20 ST THOMAS STREETLONDONUK ZIP+4bulletSE1 9RS
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    MATTHEW HUNTER THRU APRIL 2020 PRESIDENT
    40.00
    66,105 2,464 0
    228 PARK AVE S
    NEW YORK,NY100031502
    DAVID JONATHAN GOLDBERG PRESIDENT/TREASURER
    10.00
    0 0 0
    228 PARK AVE S
    NEW YORK,NY100031502
    ANDREW MCLOUGHLIN SECRETARY
    0.50
    0 0 0
    228 PARK AVE S
    NEW YORK,NY100031502
    SABRINA POURMAND DIRECTOR
    0.50
    0 0 0
    228 PARK AVE S
    NEW YORK,NY100031502
    BLAINE VESS DIRECTOR
    0.50
    0 0 0
    228 PARK AVE S
    NEW YORK,NY100031502
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    DANIELLE GRAM MANAGING DIRECTOR, S
    40.00
    156,798 10,090 0
    228 PARK AVE S
    NEW YORK,NY100031502
    DENISE MARICA FOUNDRY DIRECTOR
    40.00
    117,912 8,343 0
    228 PARK AVE S
    NEW YORK,NY100031502
    ERIN ARNOLD EXECUTIVE ASSISTANT
    40.00
    86,664 11,917 0
    228 PARK AVE S
    NEW YORK,NY100031502
    ANU KHAN RESEARCH ADVISOR
    40.00
    88,490 9,311 0
    228 PARK AVE S
    NEW YORK,NY100031502
    JONATHAN GARTSIDE VP OF PRODUCT
    40.00
    87,110 1,557 0
    228 PARK AVE S
    NEW YORK,NY100031502
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    JUSTWORKS EMPLOYMENT GROUP LLC LEASED EMPLOYEES 1,242,680
    PO BOX 7119 CHURCH STREET STATION
    NEW YORK,NY10008
    NATIONAL PHILANTHROPIC TRUST INVESTMENT MANAGEMENT 60,000
    165 TOWNSHIP LINE RD STE 1200
    JENKINTOWN,PA19046
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 FOUNDERS PLEDGE, INC. IS A NON-PROFIT ORGANIZATION CREATED TO ENCOURAGE AND FACILITATE CHARITABLE GIVING BY ENTREPRENEURS AND INVESTORS. DURING 2020, THE ORGANIZATION GAVE GRANTS TO 55 CHARITABLE ORGANIZATIONS. 3,428,699
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    21,822
    b
    Average of monthly cash balances.......................
    1b
    6,411,919
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,433,741
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,433,741
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    96,506
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,337,235
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    316,862
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    316,862
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    316,862
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    316,862
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    316,862
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    4,912,311
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    4,912,311
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,912,311
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 316,862
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016...... 176,536
    c From 2017...... 604,931
    d From 2018...... 1,300,708
    e From 2019...... 1,838,731
    fTotal of lines 3a through e........ 3,920,906
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 4,912,311
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2020 distributable amount..... 316,862
    e Remaining amount distributed out of corpus 4,595,449
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 8,516,355
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    8,516,355
    10 Analysis of line 9:
    a Excess from 2016.... 176,536
    b Excess from 2017.... 604,931
    c Excess from 2018.... 1,300,708
    d Excess from 2019.... 1,838,731
    e Excess from 2020.... 4,595,449
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    AJIALOUNA
    TALLET EL KHAYAT HASHEM SHARIF
    STREET
    BEIRUT   136526
    LE
    N/A NC CRISIS SOLIDARITY PROGRAM 5,000
    AMEELIO INC
    50 BREWERY STREET STE 8382
    NEW HAVEN,CT06511
    N/A PC GENERAL SUPPORT 100
    ASSOCIATION FOR THE ADVANCEMENT OF ARTIFICIAL INTELLIGENCE
    2275 E BAYSHORE RD
    PALO ALTO,CA94303
    N/A PC GENERAL SUPPORT OF AAAI/ACM CONFERENCE ON ARTIFICIAL INTELLIGENCE, ETHICS AND SOCIETY (AIES) 20,000
    BERKELEY EXISTENTIAL RISK INITIATIVE
    340 S LEMON AVE STE 2374
    WALNUT,CA91789
    N/A PC GENERAL SUPPORT OF BERI/CSER COLLABORATION 20,000
    BLACK LIVES MATTER FOUNDATION
    19197 GOLDEN VALLEY RD
    CANYON COUNTRY,CA91387
    N/A PC GENERAL SUPPORT 510
    CENTER FOR APPLIED RATIONALITY
    2036 BANCROFT WAY
    BERKELEY,CA94704
    N/A PC SUPPORT OF LESSWRONG AND GENERAL SUPPORT 149,000
    CENTRE FOR EFFECTIVE ALTRUISM USA
    2443 FILLMORE ST STE 380-16662
    SAN FRANCISCO,CA94115
    N/A PC TO SUPPORT THE ROOTS OF PROGRESS AND 80,000 HOURS 71,000
    CLEAN AIR TASK FORCE
    114 STATE STREET 6TH FLOOR
    BOSTON,MA02109
    N/A PC GENERAL SUPPORT 10,244
    BILL HILLARY & CHELSEA CLINTON FOUNDATION
    1200 PRESIDENT CLINTON AVENUE
    LITTLE ROCK,AR72201
    N/A PC GENERAL SUPPORT 40,000
    CLOSEGAP
    2219 MAIN ST UNIT STE 442
    SANTA MONICA,CA90405
    N/A PC GENERAL SUPPORT 50,000
    COALITION FOR EPIDEMIC PREPAREDNESS INNOVATIONS
    1901 PENNSYLVANIA AVE NW STE 10
    WASHINGTON,DC20006
    N/A PC GENERAL SUPPORT 100,000
    COMMUNITY SOLUTIONS
    60 BROAD STREET SUITE 2510
    NEW YORK,NY10004
    N/A PC BUILT FOR ZERO 20,000
    CAF AMERICA
    225 REINEKERS LANE STE 375
    ALEXANDRIA,VA22314
    N/A PC ENABLER OF MATCHING GRANTS TO BRAZIL WITH BANCO DE ALIMENTOS 25,000
    CONVERGENCE ANALYSIS
    1762 SPRUCE ST
    BERKELEY,CA94709
    N/A PC GENERAL SUPPORT, AND SUPPORT FOR MODELLING COOPERATING 84,000
    DMT QUEST
    2405 GREENDALE DR SOUTH
    SAN FRANCISCO,CA94080
    N/A PC GENERAL SUPPORT 100
    DOCTORS WITHOUT BORDERS
    40 RECTOR STREET
    NEW YORK,NY10006
    N/A PC GENERAL SUPPORT 10,000
    EQUAL JUSTICE INITIATIVE
    122 COMMERCE ST
    MONTGOMERY,AL36104
    N/A PC GENERAL SUPPORT 21,667
    FEEDING AMERICA
    35 EAST WACKER DRIVE SUITE 2000
    CHICAGO,IL60601
    N/A PC FOOD AID IN THE US 40,000
    FUTURE OF LIFE INSTITUTE
    PO BOX 706
    ALLSTON,MA02134
    N/A PC DARPA ADVOCACY CAMPAIGN AND GENERAL SUPPORT 65,000
    GIVE A BOOK
    1110 NUUANU AVE UNIT A1-290
    HONOLULU,HI96817
    N/A PC GENERAL SUPPORT 10,000
    GIVEDIRECTLY
    PO BOX 3221
    NEW YORK,NY10008
    N/A PC KENYA AND USA PROJECTS, AND GENERAL SUPPORT 160,000
    GIVEWELL
    1714 FRANKLIN ST 100335
    OAKLAND,CA94612
    N/A PC UNRESTRICTED 60,000
    GOONJ
    J-93
    SARITA VIHAR,NEW DELHI110076
    IN
    N/A NC FOOD AID IN INDIA 50,000
    HELEN KELLER INTERNATIONAL
    ONE DAG HAMMARSKJOLD PLAZA FLOOR 2
    NEW YORK,NY10017
    N/A PC VITAMIN A SUPPLEMENTATION PROGRAM 10,000
    HIGHLANDER RESEARCH & EDUCATION CENTER INC
    1959 HIGHLANDER WAY
    NEW MARKET,TN37820
    N/A PC GENERAL SUPPORT 10,000
    IDINSIGHT
    576 SACRAMENTO STREET 1ST FLOOR
    SAN FRANCISCO,CA94111
    N/A PC COVID RESPONSE 150,000
    IODINE GLOBAL NETWORK
    PO BOX 51030 375 DES EPINETTES
    OTTAWA,ONTARIOK1E 3E6
    CA
    N/A NC GENERAL SUPPORT 1,200
    JOHNS HOPKINS UNIVERSITY
    3910 KESWICK ROAD SUITE N2100
    BALTIMORE,MD21211
    N/A PC CENTER FOR HEALTH SECURITY 100,000
    KT SUPPORT GROUP
    1471 GREYSTONE LN
    MILFORD,OH45150
    N/A PC GENERAL SUPPORT 10,000
    L214
    ASSOCIATION L214 CS20317
    LYON,CEDEX69363
    FR
    N/A NC GENERAL SUPPORT 8,793
    MACHINE INTELLIGENCE RESEARCH INSTITUTE
    2342 SHATTUCK AVENUE STE 502
    BERKELEY,CA94704
    N/A PC GENERAL SUPPORT 883,000
    MALARIA CONSORTIUM
    8024 UPPER LAKE DR
    RALEIGH,NC27615
    N/A PC SEASONAL MALARIA CHEMOPREVENTION PROGRAM 10,000
    MEALS ON WHEELS AMERICA
    1550 CRYSTAL DRIVE STE 1004
    ARLINGTON,VA22202
    N/A PC NATIONAL COVID RELIEF FUND 100,000
    MEDIAN GROUP
    340 S LEMON AVE
    WALNUT,CA91789
    N/A PC MEDIAN FOUNDATION 98,000
    ALLIANCE FOR GLOBAL JUSTICE
    225 E 26TH ST STE 1
    TUCSON,AZ85713
    N/A PC MOVEMENT FOR BLACK LIVES 10,000
    NAACP EMPOWERMENT PROGRAMS INC
    4805 MOUNT HOPE DRIVE
    BALTIMORE,MD21215
    N/A PC GENERAL SUPPORT 2,400
    NAACP LEGAL DEFENSE AND EDUCATIONAL FUND
    40 RECTOR STREET 5TH FLOOR
    NEW YORK,NY10006
    N/A PC GENERAL SUPPORT 5,000
    NUCLEAR THREAT INITIATIVE
    1776 EYE STREET NW STE 600
    WASHINGTON,DC20006
    N/A PC BIOSECURITY PROGRAM 100,000
    ORGAN PRESERVATION ALLIANCE INCORPORATED
    950 GILMAN ST STE 200
    BERKELEY,CA94710
    N/A PC GENERAL SUPPORT 100,000
    PLANNED PARENTHOOD FEDERATION OF AMERICA
    123 WILLIAM STREET
    NEW YORK,NY10038
    N/A PC GENERAL SUPPORT 3,000
    POLICING EQUITY
    347 WEST 57TH STREET STE 304
    NEW YORK,NY10019
    N/A PC GENERAL SUPPORT 21,667
    QUANTIFIED UNCERTAINTY RESEARCH INSTITUTE
    3590 20TH ST
    SAN FRANCISCO,CA94110
    N/A PC GENERAL SUPPORT 60,000
    RETHINK PRIORITIES
    530 DIVISADERO ST PMB STE 796
    SAN FRANCISCO,CA94117
    N/A PC GENERAL SUPPORT 57,000
    SOUTHERN POVERTY LAW CENTER
    400 WASHINGTON AVE
    MONTGOMERY,AL36104
    N/A PC GENERAL SUPPORT 16,667
    CHARITY SCIENCE FOUNDATION OF CANADA
    1001 - 5068 KWANTLEN STREET
    RICHMOND,BCV6X4K2
    CA
    N/A NC SUVITA'S COVID RELATED WORK IN INDIA 65,000
    MICHAEL RUBEL
    1027 W ANGELENO AVE APT 107
    BURBANK,CA91506
    NONE I TELESCOPIC RESEARCH 33,200
    THE FUTURE SOCIETY INC
    23 WINTER ST STE 1
    SOMERVILLE,MA02144
    N/A PC GENERAL SUPPORT 130,000
    THE INTERNATIONAL RESCUE COMMITTEE
    122 EAST 42ND STREET
    NEW YORK,NY10168
    N/A PC PROJECTS IN LEBANON, COMBATTING COVID-19, AND GENERAL SUPPORT 100,000
    THE NOWAK SOCIETY
    305 GALAXY WAY
    FORT COLLINS,CO80525
    N/A PC RTT PSILOCYBIN ADVOCACY FUND 7,500
    NEW VENTURE FUND
    1201 CONNECTICUT AVE NW STE 300
    WASHINGTON,DC20036
    N/A PC TRACETOZERO 25,000
    VILLAGE ENTERPRISE
    751 LAUREL STREET PMB 222
    SAN CARLOS,CA94070
    N/A PC GENERAL SUPPORT 25,244
    VOTEAMERICA
    1270 GROVE ST APT 301
    SAN FRANCISCO,CA94117
    N/A PC ENCOURAGE STUDENT VOTE EFFORTS 25,000
    GOOD FOOD INSTITUTE
    1380 MONROE ST NW STE 229
    WASHINGTON,DC20010
    N/A PC GENERAL SUPPORT 10,000
    BANDHAN
    DN-32 SECTOR-V SALT LAKE CITY
    KOLKATA,WEST BENGAL700 091
    IN
    N/A NC TARGETING THE HARD CORE POOR PROGRAM 63,626
    FOUNDERS PLEDGE
    15-19 BAKERS ROW
    FARRINGDON,LONDONEC1R 3DG
    UK
    N/A NC GENERAL SUPPORT 175,781
    Total .................................bullet 3a 3,428,699
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 4,930  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
             
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 4,930 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,930
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    FOUNDERS PLEDGE INC
     
    Employer identification number

    37-1795297
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    FOUNDERS PLEDGE INC
     
    Employer identification number
    37-1795297
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    ANDY MCLOUGHLIN
    4 PALO ALTO SQUARE
     
    PALO ALTO, CA94306

    $ 125,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    2
    CENTRE OF EFFECTIVE ALTRUISM
     
    2054 UNIVERSITY AVENUE STE 300
     
    BERKELEY, CA94704

    $ 200,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    3
    ROBBY WALKER
    2412 HARRISON ST UNIT 106
     
    SAN FRANCISCO, CA94110

    $ 77,867


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    4
    ROBBY WALKER
    2412 HARRISON ST UNIT 106
     
    SAN FRANCISCO, CA94110

    $ 50,751


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    5
    SILICON VALLEY BANK
     
    3005 TASMAN DRIVE
     
    SANTA CLARA, CA95054

    $ 1,100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    6
    US SMALL BUSINESS ADMINISTRATION
     
    409 3RD ST SW
     
    WASHINGTON, DC20416

    $ 198,447


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    FOUNDERS PLEDGE INC
     
    Employer identification number
    37-1795297
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    7
    AARON MERCHAK
    1609 N SCOTT ST
     
    WILMINGTON, DE19806

    $ 250,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    8
    NATIONAL PHILANTHROPIC TRUST
    165 TOWNSHIP LINE RD STE 1200
     
    JENKINTOWN, PA19046

    $ 150,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    9
    NATIONAL PHILANTHROPIC TRUST
    165 TOWNSHIP LINE RD STE 1200
     
    JENKINTOWN, PA19046

    $ 333,333


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    10
    NATIONAL PHILANTHROPIC TRUST
    165 TOWNSHIP LINE RD STE 1200
     
    JENKINTOWN, PA53223

    $ 48,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    11
    DAVID HELGASON
    C/O FOOBAR TECHNOLOGIES II EHLERSVE
     
    HELLERUP,     DA

    $ 150,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    12
    JAAN TALLIN
    C/O SLIMROCK INVESTMENTS 60 PAYA LE
     
    PAYA LEBAR SQUARE,   08-43SN

    $ 4,120,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    FOUNDERS PLEDGE INC
     
    Employer identification number
    37-1795297
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    13
    SILICON VALLEY COMMUNITY FOUNDATION
     
    2440 W EL CAMINO REAL STE 300
     
    MOUNTAIN VIEW, CA94040

    $ 1,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    14
    JON TAI
    PO BOX 2012
     
    DUBLIN, CA94568

    $ 51,166


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    15
    NATIONAL PHILANTHROPIC TRUST
    K CRISSWELL/D NARDUCCI FUND 165 TOW
     
    JENKINTOWN, PA19046

    $ 350,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    16
    FIDELITY CHARITABLE
     
    200 SEAPORT BLVD
     
    BOSTON, MA02210

    $ 175,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    17
    NATIONAL PHILANTHROPIC TRUST
    165 TOWNSHIP LINE RD STE 1200
     
    JENKINTOWN, PA19046

    $ 75,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    18
    OLIVER NICHOLAS
     
    807B KANSAS STREET
     
    SAN FRANCISCO, CA94107

    $ 261,350


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    FOUNDERS PLEDGE INC
     
    Employer identification number
    37-1795297
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    19
    GOOD VENTURES FOUNDATION
     
    314 LYTTON AVE STE 200
     
    PALO ALTO, CA94301

    $ 1,500,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    20
    THORLAF GUITERREZ
    1639 19TH ST
     
    SAN FRANCISCO, CA94107

    $ 109,509


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    21
    MORGAN STANLEY DONOR ADVISED FUND
     
    2000 WESTCHESTER AVE
     
    PURCHASE, NY10577

    $ 50,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    22
    UNCORK CAPITAL
     
    4 PALO ALTO SQUARE STE 2
     
    PALO ALTO, CA94306

    $ 50,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    23
    FIDELITY CHARITABLE
     
    200 SEAPORT BLVD
     
    BOSTON, MA02210

    $ 6,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    24
    DANIEL SCHREIBER
     
    YORAM RONEN 22 FLAT 4
     
    JERUSALEM,   9640841IS

    $ 7,370


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    FOUNDERS PLEDGE INC
     
    Employer identification number
    37-1795297
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    25
    KAREN CRISSWELL
    16 RIO PINAR TRAIL
     
    ORMOND BEACH, FL32174

    $ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    26
    FIDELITY CHARITABLE
     
    200 SEAPORT BLVD
     
    BOSTON, MA02210

    $ 40,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    27
    GURDANE BHUTANI
    2093 PHILADELPHIA PIKE 8808
     
    CLAYMONT, DE19703

    $ 8,875


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    28
    JAVIER AGUERA RENESES
    100 LANDSDOWNE ST APT 201
     
    CAMBRIDGE, MA02139

    $ 8,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    29
    VIKRANT BHARGAVA
     
    C/O VEDDIS LTD KEMP HOUSE 160 CITY
     
    LONDON,   EC1V 2NXUK

    $ 75,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    30
    FIDELITY CHARITABLE
     
    200 SEAPORT BLVD
     
    BOSTON, MA02210

    $ 50,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    FOUNDERS PLEDGE INC
     
    Employer identification number
    37-1795297
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    31
    EDGEMAN COACHING
     
    1548 CAPITACILLOS DR
     
    SAN JOSE, CA95120

    $ 80,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    32
    DAMIAN KIMMELMAN
    800 3RD AVE
     
    NEW YORK, NY10022

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    33
    KATIE KIMMELMAN
    800 3RD AVE
     
    NEW YORK, NY10022

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    34
    NATIONAL PHILANTHROPIC TRUST
     
    165 TOWNSHIP LINE RD STE 1200
     
    JENKINTOWN, PA19046

    $ 20,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    35
    FOUNDERS FOR GOOD LTD
     
    RUNWAY EAST LONDON BRIDGE 20 ST THO
     
    LONDON,   SE1 9RSUK

    $ 121,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    FOUNDERS PLEDGE INC
     
    Employer identification number

    37-1795297
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    3
    168 SHARES OF AAPL $ 77,867 2020-08-13
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    4
    SHARES OF MICROSOFT $ 50,751 2020-12-21
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    18
    5,000 SHARES OF UBER $ 255,029 2020-12-29
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
    20
    165 SHARES OF TESLA $ 109,509 2020-12-28
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    FOUNDERS PLEDGE INC
     
    Employer identification number

    37-1795297
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    FOUNDERS PLEDGE INC
    EIN:
    37-1795297
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING 14,875 744   14,131

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    FOUNDERS PLEDGE INC
    EIN:
    37-1795297
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)
    Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    COMPUTER EQUIPMENT   19,973 2,492 SL 0 % 3,956 0    

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    FOUNDERS PLEDGE INC
    EIN:
    37-1795297
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCK 252,310 255,000

    TY 2020 LandEtcSchedule2
    Name:
    FOUNDERS PLEDGE INC
    EIN:
    37-1795297
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER EQUIPMENT 19,973 6,448 13,525 13,525


    TY 2020 LegalFeesSchedule
    Name:
    FOUNDERS PLEDGE INC
    EIN:
    37-1795297
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL 13,198 0   13,198


    TY 2020 OtherAssetsSchedule
    Name:
    FOUNDERS PLEDGE INC
    EIN:
    37-1795297
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    EMPLOYEE ADVANCE 3,500    
    DEPOSITS 2,850    


    TY 2020 OtherExpensesSchedule
    Name:
    FOUNDERS PLEDGE INC
    EIN:
    37-1795297
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    DUES AND SUBSCRIPTIONS 3,850 0   3,850
    INSURANCE 771 0   771
    INFORMATION TECHNOLOGY 22,243 0   22,243
    STAFF TRAINING 21,488 0   21,488
    OFFICE EXPENSES 4,666 0   4,666
    ADVERTISING 72 0   72
    MISCELLANEOUS 15,070 0   15,070


    TY 2020 OtherIncreasesSchedule
    Name:
    FOUNDERS PLEDGE INC
    EIN:
    37-1795297
    Description Amount
    CHANGE IN INVESTMENT COST BASIS 37,361


    TY 2020 OtherLiabilitiesSchedule
    Name:
    FOUNDERS PLEDGE INC
    EIN:
    37-1795297
    Description Beginning of Year - Book Value End of Year - Book Value
    DUE TO RELATED PARTY 23,583 23,583


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    FOUNDERS PLEDGE INC
    EIN:
    37-1795297
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 60,010 60,010   0
    LEASED EMPLOYEES 1,215,294 0   1,215,294
    CONSULTANTS 50,934 0   50,934


    TY 2020 SubstantialContributorsSch
    Name:
    FOUNDERS PLEDGE INC
    EIN:
    37-1795297
    Name Address
    CENTRE FOR EFFECTIVE ALTRUISM
     
    2054 UNIVERSITY AVENUE STE 300
    BERKELEY,CA94704
    ROBBY WALKER 2412 HARRISON ST UNIT 106
    SAN FRANCISCO,CA94110
    SILICON VALLEY BANK
     
    3005 TASMAN DRIVE
    SANTA CLARA,CA95054
    GOOD VENTURES FOUNDATION
     
    314 LYTTON AVE STE 200
    PALO ALTO,CA94301
    JAAN TALLIN  
     
    SILICON VALLEY COMMUNITY FOUNDATION
     
    2440 W EL CAMINO REAL STE 300
    MOUNTAIN VIEW,CA94040