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PayPal Charitable Giving Fund

Washington, DC · EIN 45-0931286 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

PayPal Charitable Giving Fund reported $813.4 million in revenue and $811.5 million in expenses for calendar year 2024. Of every $100 it spent, $99.94 went to program services, $0.05 to management and general costs and $0.01 to fundraising. Its largest source of revenue was contributions and grants: 99.6% of the total. The highest compensation it reported for one person was $221,784 (CEO). Revenue rose 351% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $812M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $813M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
99.9%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
0.0%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
99.6%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.2%0.0%
Highest reported compensation
Part VII-A, columns D–F
$221,784$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.03%1.56%
People paid over $100,000
Part VII, line 2
03
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
0.156.6
Independent voting board members
Part VI 1a–1b
4 of 4100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$811M expenses · 100.0% of program spending · grants $798M · revenue $1.9M

Paypal Charitable Giving Fund - our program aims to inspire a new wave of philanthropy, harnessing the power of technology to make giving a part of everyday life. We pursue this vision by developing innovative programs that introduce Charitable Giving in relevant and engaging ways to new audiences, benefitting the charity sector. Through our partnerships, we make it easy for donors to support the charities they care about on the websites and apps they use every day. In doing so, we enable charities to forge relationships with new supporters, and to benefit from new sources of funds to apply…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 45.0 hrs/week
$0$213,700$8,084$221,784
CFO
Officer, 45.0 hrs/week
$0$186,326$26,290$212,616
SECRETARY
Officer, 1.0 hrs/week
$0$17,490$0$17,490
PRESIDENT & COO (THRU 04/2024)
Officer, 5.0 hrs/week
$0$7,037$0$7,037

0 people received more than $100,000 in reportable compensation from PayPal Charitable Giving Fund (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$250M$500M$750M$1.00B201920202021202220232024$813M$812M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$813M$812M99.9%$4.8M$221,784
2023 ⓘ$504M$504M99.9%$2.9M$224,406
2022 ⓘ$350M$349M99.9%$2.3M$227,155
2021 ⓘ$292M$292M99.8%$1.1M$211,844
2020 ⓘ$309M$309M99.8%$1.2M$194,901
2019 ⓘ$180M$180M99.7%$981K$181,177

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 50
  • Volunteers Part I, line 610

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
SAP AMERICA INC
Software
$202,356
RAINY DAY PRINTING LLC
Printing
$158,856

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

39 private foundations reported grants to PayPal Charitable Giving Fund totaling $593K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from PayPal Charitable Giving Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for PayPal Charitable Giving Fund, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All philanthropy, voluntarism & grantmaking charities · Largest charities in District of Columbia

Questions people ask

How much of PayPal Charitable Giving Fund's spending goes to programs?

In calendar year 2024, PayPal Charitable Giving Fund reported that 99.9% of its $811.5 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does PayPal Charitable Giving Fund pay its top executive?

The largest total compensation PayPal Charitable Giving Fund reported for one person in calendar year 2024 was $221,784, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does PayPal Charitable Giving Fund get its money?

Of $813.4 million in revenue in calendar year 2024, 99.6% came from contributions and grants and 0.2% from program service revenue (Form 990, Part VIII).

Is PayPal Charitable Giving Fund a registered charity?

The IRS lists EIN 45-0931286 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533079349301308 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202422999349301487 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202312929349301606 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202232669349300528 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123009349302102 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003089349301290 · read the filing

All filings for EIN 45-0931286: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.