Red Hippo Foundation

Nonprofit profile at a glance

EIN
853765594
IRS 990-PF coverage
2020–2024
Forms available
Form 990-PF 2024
Location
Cupertino, CA, USA
Phone
4082605899
Rating
87
Verdict
STRONG
Rating confidence
Standard
Sector
Private Grantmaking Foundations

Reported finances

Revenue
$918,056
Expenses
$289,129

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

Overview

Mission

Private Grantmaking Foundations

What it reported funding in 2024

The foundation reported 3 grants totaling $188,500. The stated grant purposes included to find cures for children with cancer and other catastrophic diseases through research and treatment. it is supported primarily by donations raised by alsac. research efforts are directed at understanding the molecular, genetic and chemical bases of catastrophic diseases in children; identifying cures for such diseases; and promoting their prevention. research is focused specifically on cancers, some acquired and inherited immunodeficiencys, sickle cell disease, infectious diseases and genetic national park foundation., to inspire conservation of the ocean; envision a future where the ocean flourishes and people thrive in a just and equitable world. create extraordinary experiences that inspire awe and wonder, champion science-based solutions, and connect people across the planet to protect and restore the ocean., and to improve global ocean health, climate resilience, and the blue economy by supporting marine conservation organizations and projects..

Operating model

Revenue model
Donor-supported. 93% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 67% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 65
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 37

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 82nd percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 65.2%; rating input score 65; 20th 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: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 15.04; rating input score 37; 37th 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: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 37th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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.

  • Moderate — Endowment Health: Endowment-health comparison scored 37/100.