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Passes our checks

Factor Philanthropy Inc

EIN 93-3328725 · Palo Alto, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak35 out of 100GovernanceFair69 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

POSITIVELY INFLUENCING THE LONG-TERM FUTURE AND PROMOTING THE LONG-TERM WELFARE OF HUMANS AND OTHER SENTIENT BEINGS.

Income
$31,052
Spending
$850,262
Spent on programs
94%
Reserves
2.6 months of spending
Largest source of income
investment income, 100%
Employees
0
Volunteers
3

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 35 out of 100. Higher than 12% of charities in its peer group (community improvement, under $250k).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.6 months of spending.

  • Debt

    10 of 20

    It owes 41% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 2638% of income.

  • Income trend

    0 of 15

    Income fell 99% on the year before.

  • Spending floor

    15 of 15

    94% of spending went to programs.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 69 out of 100. Higher than 54% of charities in its peer group (community improvement, under $250k).

  • Independent board

    0 of 25

    2 of 2 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $796,190 spent. THE ORGANIZATION PLANS TO ENGAGE IN RESEARCH AND EDUCATION TO DEVELOP DATA AND NEW INSIGHTS INTO HOW TO POSITIVELY AFFECT THE LONG-TERM FUTURE; MAKE GRANTS TO ORGANIZATIONS AND PROMISING INDIVIDUALS WHO ARE WELL-POSITIONED AND COMMITTED TO ENSURING THE LONG-TERM FUTURE GOES WELL; SERVE AS A FISCAL SPONSOR OF PROJECTS THAT FURTHER LONGTERMIST PRIORITIES; AND GATHER PEOPLE TOGETHER WHO ARE INTERESTED IN OR WORKING ON LONGTERMIST ISSUES. IN ADDITION, THE ORGANIZATION WILL BUILD UP THE LONGTERMIST COMMUNITY AND SUPPORT THE DEVELOPMENT OF PEOPLE WHO CAN MEANINGFULLY CONTRIBUTE TO THE LONGTERMIST MOVEMENT THROUGH RESIDENCY PROGRAMS, MOVEMENT BUILDING, AND TALENT DEVELOPMENT, AND GRANTS TO INDIVIDUALS TO SUPPORT THEM IN CAREER TRANSITIONS FROM THE PRIVATE SECTOR TO ACADEMIA, THE GOVERNMENT, AND NONPROFITS. IN 2024, THE ORGANIZATION FUNDED ONE GRANTEE IN FURTHERANCE OF ITS EXEMPT PURPOSE.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.