Civic Intelligence

Genentech Foundation

990PF • Fiscal year 2023 • EIN 46-0500264

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

1 DNA Way MS 24South San Francisco, CA 94080

(650) 238-4658

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.20x

Higher debt load relative to assets than 61% of similar nonprofits.

2023 filings • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

1.90x

Higher debt load relative to revenue than 89% of similar nonprofits.

2023 filings • $10M-$25M nonprofits • Source year 2023

Net Margin

3rd percentile

-218%

Higher net margin than 3% of similar nonprofits.

2023 filings • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

24th percentile

$0

Higher top officer pay than 24% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • $10M-$25M nonprofits • Source year 2023

Asset Growth

2nd percentile

-32%

Faster asset growth than 2% of similar nonprofits.

2023 filings • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

93rd percentile

137%

Faster revenue growth than 93% of similar nonprofits.

2023 filings • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Down

$16,263,846

Down $7,679,971 (-32%) from 2022

Net Assets

Down

$13,057,211

Down $3,669,564 (-22%) from 2022

Liabilities

Down

$3,206,635

Down $4,010,407 (-56%) from 2022

Revenue

Up

$1,685,806

Up $973,280 (+137%) from 2022

Expenses

Down

$5,355,370

Down $9,188,196 (-63%) from 2022

Net Income

Up

-$3,669,564

Up $10,161,476 (+73%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $31,637,099Liabilities 2010: $2,012,3882010Assets 2011: $32,720,575Liabilities 2011: $3,308,5232011Assets 2012: $28,870,009Liabilities 2012: $2,131,3722012Assets 2013: $35,864,954Liabilities 2013: $4,340,1592013Assets 2014: $35,292,258Liabilities 2014: $1,174,3382014Assets 2015: $35,386,859Liabilities 2015: $1,209,7962015Assets 2019: $59,721,363Liabilities 2019: $16,771,6912019Assets 2020: $44,103,300Liabilities 2020: $11,828,915Net Assets 2020: $32,274,3852020Assets 2021: $39,282,238Liabilities 2021: $8,724,423Net Assets 2021: $30,557,8152021Assets 2022: $23,943,817Liabilities 2022: $7,217,042Net Assets 2022: $16,726,7752022Assets 2023: $16,263,846Liabilities 2023: $3,206,635Net Assets 2023: $13,057,2112023Assets 2024: $12,113,583Liabilities 2024: $11,226,552Net Assets 2024: $887,0312024

Highlighted filing

2023

Assets$16,263,846
Liabilities$3,206,635
Net Assets$13,057,211

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MRevenue 2010: $9,002,420Expenses 2010: $3,889,080Net Income 2010: $5,113,3402010Revenue 2011: $3,002,784Expenses 2011: $3,215,443Net Income 2011: -$212,6592011Revenue 2012: $1,091,264Expenses 2012: $3,765,166Net Income 2012: -$2,673,9022012Revenue 2013: $9,080,739Expenses 2013: $4,703,727Net Income 2013: $4,377,0122013Revenue 2014: $6,061,537Expenses 2014: $3,468,411Net Income 2014: $2,593,1262014Revenue 2015: $5,046,027Expenses 2015: $4,986,884Net Income 2015: $59,1432015Revenue 2019: $608,734Expenses 2019: $20,532,120Net Income 2019: -$19,923,3862019Revenue 2020: $224,444Expenses 2020: $10,899,731Net Income 2020: -$10,675,2872020Revenue 2021: $2,059,916Expenses 2021: $3,776,486Net Income 2021: -$1,716,5702021Revenue 2022: $712,526Expenses 2022: $14,543,566Net Income 2022: -$13,831,0402022Revenue 2023: $1,685,806Expenses 2023: $5,355,370Net Income 2023: -$3,669,5642023Revenue 2024: $899,088Expenses 2024: $13,069,268Net Income 2024: -$12,170,1802024

Highlighted filing

2023

Revenue$1,685,806
Expenses$5,355,370
Net Income-$3,669,564
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
See Statement0-$0--
Filing and Contact Details

Filer

Filer Name
Genentech Foundation
EIN
46-0500264
In Care Of
% MARIANNE THODAS
Phone
6502384658
Address
1 DNA Way MS 24, South San Francisco, CA 94080

Signing Officer

Name
Elliot Fruchtman
Title
Program Director
Phone
6502251919
Signed
2024-11-11
Raw XML Appendix353 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0AUDIT FEES
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt010553
AllOthProgRltdInvestmentsSch/AllOtherProgramRelatedInvstGrp/Desc0N/A
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt0BAIRD SHORT TERM BOND INSTITUT
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt1BLACKROCK INSTITUTIONAL TRUST
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt2FIAM CORE PLUS FUND, LLC
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt3J.P. MORGAN INSTIT. INVEST.
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IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-3669564
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IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt027554
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IRS990PF/AnalysisOfRevenueAndExpenses/TaxesDsbrsChrtblAmt00
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IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt0984065
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IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0CA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd094080
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
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IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0CA
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0MARIANNE THODAS
IRS990PF/StatementsRegardingActyGrp/PhoneNum06502384658
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
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IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt0975900
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IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt037822300
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt08366215
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt010193077
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt04818309
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt013205998
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt01238701
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IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt09342115
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt08366215
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1Txt01 DNA Way MS 24
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/CityNm0South San Francisco
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCd094080
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0516408
IRS990ScheduleB/GeneralRuleInd0X
IRS990ScheduleB/NonCashPropertyContributionGrp/ContributorNum01
IRS990ScheduleB/NonCashPropertyContributionGrp/FairMarketValueAmt0516408
IRS990ScheduleB/NonCashPropertyContributionGrp/NoncashPropertyDesc0Gen. and Admin. Services
IRS990ScheduleB/NonCashPropertyContributionGrp/ReceivedDt02023-12-31
IRS990ScheduleB/Organization501c3ExemptPFInd0X
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0CONSULTING EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1INVESTMENT EXPENSES-BLACKROCK
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2INVESTMENT EXPENSES-FIDELITY
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3BLACKROCK TRUST K-1 INV EXP
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4FIAM CORE PLUS K-1 INV EXP
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5CONTRIBUTED G&A SERVICES EXP
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6CONTRACTOR EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt0122325
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1516408
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt216738
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt112321
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt20
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt325521
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt424528
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt50
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt60
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0122325
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt112321
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt212894
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt30
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt40
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt5516408
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt616738
OtherIncomeSchedule2/OtherIncomeDetail/Desc0BLACKROCK INSTIT. TRUST K-1 INV INCOME
OtherIncomeSchedule2/OtherIncomeDetail/Desc1Net Unrealized Gain on Investments
OtherIncomeSchedule2/OtherIncomeDetail/Desc2Other Income
OtherIncomeSchedule2/OtherIncomeDetail/Desc3*** SEE ATTACHED STMT FOR PART I REV/EXP
OtherIncomeSchedule2/OtherIncomeDetail/NetInvestmentIncomeAmt04307
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0604990
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt120
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/BOYBookValueAmt015009
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0ACCRUED TAXES PAYABLE
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt012352
TaxesSchedule/TaxesDetail/Amt06444
TaxesSchedule/TaxesDetail/CategoryTxt0FEDERAL TAX EXPENSE
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Elliot Fruchtman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Program Dir.
ReturnHeader/BusinessOfficerGrp/PhoneNum06502251919
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Genentech Foundation
ReturnHeader/Filer/BusinessNameControlTxt0GENE
ReturnHeader/Filer/EIN0460500264
ReturnHeader/Filer/InCareOfNm0% MARIANNE THODAS
ReturnHeader/Filer/PhoneNum06502384658
ReturnHeader/Filer/USAddress/AddressLine1Txt01 DNA Way MS 24
ReturnHeader/Filer/USAddress/CityNm0South San Francisco
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094080
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02024-11-13T22:57:23-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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