Effective Ventures Foundation USA
Effective Ventures Foundation USA reported $23.7 million in revenue and $32.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $92.65 went to program services, $7.25 to management and general costs and $0.10 to fundraising. Its largest source of revenue was contributions and grants: 90.2% of the total. The highest compensation it reported for one person was $383,122 (PRESIDENT & CEO). 25 people received more than $100,000 in reportable compensation. Revenue rose 181% between 2019 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $32MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $24MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 92.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 7.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.1% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 90.2% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 1.8% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $383,122 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.18% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 25 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 2 of 4 | 100.0% |
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
FY2025 · Form 990, Part III · the three largest programs by expenseEffective altruism funds (ea funds) and giving what we can (gwwc) are the major grantmaking programs of the organization. Ea funds funds small or early stage projects focused on improving the lives of people in extreme poverty, improving the wellbeing of non-human animals, supporting the effective altruism community and improving the long-term future. Gwwc inspires donations to the world's most effective organizations and provides a platform for making those donations. With the donations, the organization makes grants to the charities and other entities recommended by gwwc
Centre for effective altruism supports the effective altruism community. It nurtures spaces where people can explore how to apply the ideas of effective altruism to their future careers, research, or donations. These spaces include events such as the ea global conference, local community groups, and online spaces such as the ea forum
In furtherance of its mission, the organization began a program to (1) grow the effective altruism community by providing a free space for individuals including university students to gather, network, and learn about effective altruism, and (2) provide a space for university and nonprofit research groups focused on long term risks to humanity (such as biosecurity risks) to meet, work, and advance critical ideas to address these risks
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Director/trustee, officer, 40.00 hrs/week | $339,903 | $0 | $43,219 | $383,122 |
| UNTIL DEC 2024, GENERAL COUNSEL Officer, 40.00 hrs/week | $226,525 | $0 | $22,261 | $248,786 |
| SECRETARY, ASSISTANT GENERAL COUNSEL Officer, 40.00 hrs/week | $190,490 | $0 | $39,357 | $229,847 |
| TREASURER & HEAD OF FINANCE Officer, 40.00 hrs/week | $171,731 | $0 | $48,084 | $219,815 |
| RESEARCHER, TRUTHFUL AI Highest compensated employee, 40.00 hrs/week | $185,098 | $0 | $27,606 | $212,704 |
| PRODUCER Highest compensated employee, 40.00 hrs/week | $163,492 | $0 | $34,737 | $198,229 |
| 2024, HEAD OF COMMUNITY HEALTH, CEA Director/trustee, 40.00 hrs/week | $178,155 | $0 | $17,563 | $195,718 |
| COMMUNICATIONS OFFICER, LONGVIEW Highest compensated employee, 40.00 hrs/week | $173,782 | $0 | $18,486 | $192,268 |
25 people received more than $100,000 in reportable compensation from Effective Ventures Foundation USA (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).
7 filings since 2019
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · 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 · 2 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 4Yes
- 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 554
- Volunteers Part I, line 6270
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| LEVY PREMIUM FOOD SERVICE LP Event catering | $286,633 |
| CONVERTKIT LLC Marketing | $189,400 |
| MOSS ADAMS LLP Accounting | $153,189 |
| ARNOLD & PORTER KAYE SCHOLER LLP Legal | $149,012 |
Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.
Private foundation grants it received
8 private foundations reported grants to Effective Ventures Foundation USA totaling $18M 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 Effective Ventures Foundation USA's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Effective Ventures Foundation USA, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Effective Ventures Foundation USA spent in FY2025, $92.65 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Pennsylvania School for the DeafPhiladelphia, PA · revenue $24M · programs 76.1% · FY2025
- Kentucky Country Day SchoolLouisville, KY · revenue $24M · programs 76.1% · FY2025
- Early Learning Coalition of Lake CountyLeesburg, FL · revenue $24M · programs 96.2% · FY2025
- Wayside SchoolsAustin, TX · revenue $24M · programs 59.9% · FY2025
- The Northwest School of the Arts Humanities and EnvironmentSeattle, WA · revenue $24M · programs 82.9% · FY2025
Questions people ask
How much of Effective Ventures Foundation USA's spending goes to programs?
In the fiscal year ending June 30, 2025, Effective Ventures Foundation USA reported that 92.7% of its $32.4 million in expenses went to program services, 7.2% to management and general and 0.1% to fundraising (Form 990, Part IX).
How much does Effective Ventures Foundation USA pay its top executive?
The largest total compensation Effective Ventures Foundation USA reported for one person in the fiscal year ending June 30, 2025 was $383,122, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Effective Ventures Foundation USA get its money?
Of $23.7 million in revenue in the fiscal year ending June 30, 2025, 90.2% came from contributions and grants and 1.8% from program service revenue (Form 990, Part VIII).
Is Effective Ventures Foundation USA a registered charity?
The IRS lists EIN 47-1988398 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
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601359349300640 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541349349311654 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411359349306381 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311339349300516 · read the filing
- FY2021 (6 mo.): Form 990 for the 6-month short period ending June 30, 2021, object 202221369349309152 · read the filing
- 2020: Form 990 for calendar year 2020, object 202142849349300829 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003039349302045 · read the filing
All filings for EIN 47-1988398: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.