Civic Intelligence

Dropbox Charitable Foundation

990 • Fiscal year 2016 • EIN 81-4755668

Dec 21, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

2440 West El Camino Real No 300Mountain View, CA 94040

(650) 450-5400

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE T • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE T • $5M-$10M nonprofits • Source year 2016

Net Margin

96th percentile

100%

Higher net margin than 96% of similar nonprofits.

2016 filings • NTEE T • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

99th percentile

$949,179

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

2016 filings • NTEE T • $5M-$10M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$8,675,267

No earlier filing loaded for comparison.

Net Assets

$8,675,267

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$8,675,267

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$8,675,267

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2016: $8,675,267Liabilities 2016: $0Net Assets 2016: $8,675,2672016Assets 2017: $19,568,843Liabilities 2017: $0Net Assets 2017: $19,568,8432017Assets 2018: $26,196,551Liabilities 2018: $4,835Net Assets 2018: $26,191,7162018Assets 2019: $22,580,765Liabilities 2019: $5,881Net Assets 2019: $22,574,8842019Assets 2020: $25,589,984Liabilities 2020: $963Net Assets 2020: $25,589,0212020Assets 2021: $27,298,058Liabilities 2021: $138,046Net Assets 2021: $27,160,0122021Assets 2022: $23,165,388Liabilities 2022: $72,200Net Assets 2022: $23,093,1882022Assets 2023: $26,750,011Liabilities 2023: $12,725Net Assets 2023: $26,737,2862023Assets 2024: $25,572,072Liabilities 2024: $6,928Net Assets 2024: $25,565,1442024

Highlighted filing

2016

Assets$8,675,267
Liabilities$0
Net Assets$8,675,267

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2016: $8,675,267Expenses 2016: $0Net Income 2016: $8,675,2672016Revenue 2017: $10,849,760Expenses 2017: $206,700Net Income 2017: $10,643,0602017Revenue 2018: $750Expenses 2018: $800,531Net Income 2018: -$799,7812018Revenue 2019: $1,160,040Expenses 2019: $1,162,380Net Income 2019: -$2,3402019Revenue 2020: $922,182Expenses 2020: $1,466,023Net Income 2020: -$543,8412020Revenue 2021: $2,438,409Expenses 2021: $1,594,344Net Income 2021: $844,0652021Revenue 2022: $461,434Expenses 2022: $1,767,321Net Income 2022: -$1,305,8872022Revenue 2023: $2,108,525Expenses 2023: $1,661,651Net Income 2023: $446,8742023Revenue 2024: $2,039,700Expenses 2024: $1,261,422Net Income 2024: $778,2782024

Highlighted filing

2016

Revenue$8,675,267
Expenses$0
Net Income$8,675,267
Jump To
Filing Snapshot
Filing Period
Dec 21, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$8,675,267
Mission and Program Overview

Mission

The dropbox charitable foundation partners with impactful organizations that defend human rights around the world. (cont sch o)dcf provides unrestricted grants, and to make that funding go further, we match organizational needs to the capabilities of dropbox employee volunteers.

To protect human rights by: - funding causes that promote equality, safety, and economic opportunity for all populations; - providing rapid and effective support for teams handling humanitarian crises; and- ensuring that human rights activists around the world can collaborate and communicate securely.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities-$8,675,267-
Total Assets$0$8,675,267▲ $8,675,267
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$0$8,675,267▲ $8,675,267
Total Net Assets Fund Balance$0$8,675,267▲ $8,675,267
Total Liabilities and Net Assets / Fund Balance$0$8,675,267▲ $8,675,267

Asset Categories

AssetBook ValueDepreciationBasis
Closely Held Equity Interests$8,675,267--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dennis WoodsidePresident
Amber CottleVice president
Bart VolkmerDirector
Emmett CarsonDirector
Gina DalmaDirector
Mari Ellen LoijensAssistant Secretary
Joe WheelerSecretary
Sarah ValenciaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,675,267
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$8,675,267
Change in Net Assets
$8,675,267

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Closely Held Stock2$8,675,267Appraisal
Total Noncash Contributions2$8,675,267-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 2

Emmett Carson, Mari Ellen Loijens, Sarah Valencia and Gina Dalma have a business relationship. All of them work for SVCF. Dennis Wooside, Amber Cottle and Bart Volkmer have a business relationship. All of them work for Dropbox Corporation.

Form 990, Part VI, Section A, line 3

The employees of silicon valley community foundation, the supported exempt organization, performed the day to day operations of dropbox charitable foundation. The community foundation was reimbursed for these services.

Form 990, Part VI, Section A, line 8A

The organization was formed on December 21, 2016 and had no meetings during this calendar year.

Form 990, Part VI, Section A, line 8B

The organization was formed on December 21, 2016 and had no meetings during this calendar year.

Form 990, Part VI, Section B, line 11B

THE FORM 990 is placed on A secured web site or sent by email for THE governing body to review and comment ON. Review is verified by email.

Form 990, Part VI, Section B, line 12

Annually each board member of the dropbox charitable foundation and supported/supporting organizations completes "form 990 questionnaire" that reports obligations and documents disclosures that are necessary to comply with form 990 requirements.

Form 990, Part VI, Section C, line 19

The audited financial statements and governing/organizing documents are provided in the office, on a cd, or through email upon request. The conflict of interest policy is not made available to the public.

Form 990, Part VI, Section B, Line 12, 13 and 14:

The organization was formed on December 21, 2016 and there were no meetings to adopt conflict of interest, records retention or whistleblower policies but policies were adopted in March 2017.

Filing and Contact Details

Filer

Filer Name
Dropbox Charitable Foundation
EIN
81-4755668
Phone
6504505400
Address
2440 West El Camino Real No 300, Mountain View, CA 94040

Signing Officer

Name
Mari Ellen Loijens
Title
Assistant Secretary
Phone
6504505400
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mari Ellen Loijens
Formed
2016
Legal Domicile
De
Voting Board Members
7
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Moss Adams LLP
Address
3121 W March Ln Ste 200, Stockton, CA 95219-2367
Preparer
Tracy S Paglia
Phone
2099556100
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

Svcf and its supporting organizations and affiliate are tax-exempt organizations and are not subject to federal or state income taxes, except on unrelated business income, in accordance with section 501(a) of the internal revenue code. In addition, svcf and its supporting organizations and affiliate qualified for the charitable contribution deduction under section 170(b)(1)(a) of the internal revenue code and have been classified as organizations that are not private foundations. Unrelated business income tax, if any, is immaterial and no tax provision has been made in the accompanying consolidated financial statements. Svcf and its supporting organizations and affiliate do not have any material uncertain tax positions. Svcf and its supporting organizations and affiliate file informational tax returns in the u.s. Federal and california jurisdictions.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt17221
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt2138250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt39114
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Emmett Carson
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Gina Dalma
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Mari Ellen Loijens
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3Sarah Valencia
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Assistant Secretary
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3Treasurer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THIS SECTION INCLUDES SALARIES OF SILICON VALLEY COMMUNITY FOUNDATION EXECUTIVES WHO ARE BOARD MEMBERS OF DROPBOX CHARITABLE FOUNDATION. THESE SALARIES ARE NOT PAID BY DROPBOX CHARITABLE FOUNDATION, AND ARE ONLY LISTED BECAUSE SILICON VALLEY COMMUNITY FOUNDATION IS A RELATED ORGANIZATION.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1MARI ELLEN LOIJENS RECEIVED $125,000 OF NONTAXABLE retiremnt benefits FROM SVCF IN 2016.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART II, REPORTED SALARIES:
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE J, PART I, Line 4b:
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesCloselyHeldStockGrp/ContributionCnt02
IRS990ScheduleM/SecuritiesCloselyHeldStockGrp/MethodOfDeterminingRevenuesTxt0Appraisal
IRS990ScheduleM/SecuritiesCloselyHeldStockGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesCloselyHeldStockGrp/NoncashContributionsRptF990Amt08675267
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Emmett Carson, Mari Ellen Loijens, Sarah Valencia and Gina Dalma have a business relationship. All of them work for SVCF. Dennis Wooside, Amber Cottle and Bart Volkmer have a business relationship. All of them work for Dropbox Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EMPLOYEES OF SILICON VALLEY COMMUNITY FOUNDATION, THE SUPPORTED EXEMPT ORGANIZATION, PERFORMED THE DAY TO DAY OPERATIONS OF DROPBOX CHARITABLE FOUNDATION. THE COMMUNITY FOUNDATION WAS REIMBURSED FOR THESE SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization was formed on December 21, 2016 and had no meetings during this calendar year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization was formed on December 21, 2016 and had no meetings during this calendar year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FORM 990 is placed on A secured web site or sent by email for THE governing body to review and comment ON. Review is verified by email.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANNUALLY EACH BOARD MEMBER OF THE DROPBOX CHARITABLE FOUNDATION AND SUPPORTED/SUPPORTING ORGANIZATIONS COMPLETES "FORM 990 QUESTIONNAIRE" THAT REPORTS OBLIGATIONS AND DOCUMENTS DISCLOSURES THAT ARE NECESSARY TO COMPLY WITH FORM 990 REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE AUDITED FINANCIAL STATEMENTS AND GOVERNING/ORGANIZING DOCUMENTS ARE PROVIDED IN THE OFFICE, ON A CD, OR THROUGH EMAIL UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The organization was formed on December 21, 2016 and there were no meetings to adopt conflict of interest, records retention or whistleblower policies but policies were adopted in March 2017.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, line 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Section B, Line 12, 13 and 14:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd120
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd160
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0SVCF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1SVCF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2SVCF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3SVCF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4SVCF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5SVCF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6SVCF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt7SVCF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt8SVCF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt9SVCF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt10SVCF
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt12SVCF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt13SVCF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt14Svcf
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt15Svcf
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Silicon Valley Community Foundaton
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1William H Cilker Family Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2Driscoll Family Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3The Dirk and Charlene Kabcenell Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4StartUp Education
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5Raising a Reader
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6The Real Estate Trust
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7Reddere Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt8Skoll Fund
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt9The Sobrato Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt10Star hill Fund
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt11Good Ventures
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt12Chong-Moon Lee Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt13Intervalien Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt14Entrepreneurs' Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt15Neubauer Family Charitable Trust
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt16THE BERNARD A NEWCOMB FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0205205488
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1770479067
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2770430921
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3721563142
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4273533876
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5943390149
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN6043701887
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN7770557056
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN8770528216
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN9800091312

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