Skoll Foundation

Skoll Foundation
Formation1999
TypePrivate foundation and Supporting organization
HeadquartersPalo Alto, CA, United States
Donald Gips
Key people
Disbursements$56,000,000
Expenses (2018)$17,329,423[2]
Endowment (2018)$1,127,000,000
Websitewww.skoll.org Edit this at Wikidata

The Skoll Foundation is a private foundation based in Palo Alto, California.[3] The foundation makes grants and investments intended to reduce global poverty. Billionaire entrepreneur Jeffrey Skoll created the foundation in 1999.[4]

The total assets of the foundation (including its affiliated funds) amount to $1.127 billion as of 2018.[5] The combined entities made grants totaling about $71 million in 2018 (and disbursements of $56M), based on unaudited numbers reported by the foundation.[5] According to the most recent audited financial statements,[2] the non-grant expenses for the foundation totaled around $17 million in 2018.

  1. ^ Cite error: The named reference GipsCEOPosition was invoked but never defined (see the help page).
  2. ^ a b "Consolidated Financial Statements and Report of Independent Certified Public Accountants. Skoll Foundation" (PDF). Grant Thornton LLP. August 26, 2019. Retrieved January 26, 2020.
  3. ^ "Investing in, Connecting and Celebrating Social Entrepreneurs, with Sally Osberg, Skoll Foundation". Tony Loyd. August 7, 2017. Retrieved November 27, 2019.
  4. ^ "Jeff Skoll". Forbes. Retrieved November 27, 2019.
  5. ^ a b "Skoll | Financials". Retrieved January 26, 2020.