Deepmind Foundation

Nonprofit profile at a glance

EIN
822828614
IRS 990-PF coverage
2018–2024
Forms available
Form 990-PF 2024
Location
Cupertino, CA, USA
Phone
4088871605
Rating
57
Verdict
MIXED
Rating confidence
Standard
Sector
Neurology, Neuroscience Research

Reported finances

Revenue
$74,695
Expenses
$13,093

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Neurology, Neuroscience Research

What it reported funding in 2024

The foundation reported 2 grants totaling $1,000. The stated grant purposes included to generate private support and build strategic partnerships to protect and enhance americas national parks for present and future generations. and to advance cures, and means of prevention, for pediatric catastrophic diseases through research and treatment. consistent with the vision of our founder danny thomas, no child is denied treatment based on race, religion or a family's ability to pay..

Operating model

Revenue model
Donor-supported. 95% of the foundation's positive operating resources came from contributions.
Distribution model
Direct operator. The foundation carried out 91% of its reported charitable disbursements directly.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

MIXED - The filed numbers largely add up and the filing identifies who received its grants. A relatively small share of available resources goes to charitable grants and a relatively small share of spending goes to grants.

Rating breakdown

  • Grant Deployment: 17
  • Cost Efficiency: 8
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 99

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 16.7%; rating input score 17; 3rd percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 7.6%; rating input score 8; 9th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 856.21; rating input score 99; 99th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 16.7% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 99th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 7 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Grant Deployment: Grant deployment ratio scored 17/100.
  • High — Cost Efficiency: Grant expense ratio scored 8/100.