Nonprofits/Organizations/90-0899545
Active
501(c)(3)
T99 · Philanthropy, Voluntarism & Grantmaking
Form 990

Intervalien Foundation

EIN 90-0899545Mountain View, CA 94040Founded 2012WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

INTERVALIEN FOUNDATION WILL ACCOMPLISH ITS PURPOSE BY MAKING CHARITABLE GIFTS to fund projects that are within the following areas, PARTICULARLY THOSE THAT HAVE TRADITIONALLY BEEN UNDERFUNDED OR UNFUNDED, INCLUDING BUT NOT LIMITED TO HIGH-RISK, LONG-TERM PROJECTS, BUT WITHOUT ANY PREFERENCE: CROSS-DISCIPLINARY INITIATIVES INVOLVING TECHNOLOGY WITH THEATER, EDUCATION, VISUAL ARTS, LITERARY ARTS, CULTURE, NEW MEDIA, MUSIC, FILM, COMPUTATIONAL HUMANITIES OR JOURNALISM, AND VISION, NEUROLOGICAL, BRAIN, CANCER OR CARDIOVASCULAR RESEARCH; PARTICULARLY INITIATIVES AND RESEARCH IN THE ABOVE AREAS THAT SUBSCRIBE TO OPEN SOURCE, OPEN DATA, OR OPEN SCIENCE PRINCIPLES.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$367K

+336.0%YoY

Total Expenses

$549K

+76.0%YoY

Net Assets

$4.1M

-2.1%YoY

Employees

0

Volunteers

4

Grants Paid

$390K

Program Expense Ratio

74.8%

This nonprofit profile presents IRS Form 990 tax filing data for Intervalien Foundation (EIN: 90-0899545), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue grew +336.0% to $367K
Program spending ratio of 74.8% — below average
89.9 months of operating reserves — strong cushion
Expenses increased +76.0% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
5-member board, 4 independent

Compensation

Top compensation: $75,000 (President/Director)
Top exec pay is 13.7% of total expenses — elevated
No Schedule J filed — standard compensation reporting only

Program Effectiveness

3 programs reported
74.8% of spending goes to programs
No programs generate independent revenue
$390K in grants paid to other organizations
4 volunteers engaged

Financial Stability

Debt-to-asset ratio of 0.0% — low leverage
0.0 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets trending upward over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Intervalien Foundation is a 501(c)(3) nonprofit headquartered in Mountain View, CA, founded in 2012. It is classified under NTEE code T99 (Philanthropy, Voluntarism & Grantmaking N.E.C.), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2014. In its 2024 filing, the organization reported $367K in total revenue, a 336.0% increase from the prior year, and $549K in total expenses. The organization engaged 4 volunteers. Alan Rothenberg, President/Director, is the highest-compensated individual at $75,000. The organization runs 3 programs, totaling $411K in program expenses. 5 of 6 recommended governance policies are in place.

Intervalien Foundation is classified under NTEE code T99 (Philanthropy, Voluntarism & Grantmaking N.E.C.), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 21.

Programs(Tax Year 2024)

3 records

Programs Overview

Intervalien Foundation operates 3 programs, with total program expenses of $411K. Intervalien Foundation's largest program accounts for 46% of total program spending.

1
Program 1Expenses: $190,883

Health: Research initiatives that fall within the scope of the Mission Statement (see Part III, Section 1)

2
Program 2Expenses: $167,034

Education: Research initiatives that fall within the scope of the Mission Statement (see Part III, Section 1)

3
Program 3Expenses: $52,696

Art and Culture: Research initiatives that fall within the scope of the Mission Statement (see Part III, Section 1)

Total Program Expenses: $410,613

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, Intervalien Foundation's revenue has grown from $210K to $367K, a 74.9% increase. Program expenses represent 75% of total spending.

Revenue increased 336.0% year-over-year, while expenses grew 76.0%. net assets fell to $4.1M, down 2.1% from the prior year.

Intervalien Foundation derives 100% from investment income.

Intervalien Foundation allocates 75% to programs, 25% to management and general.

Revenue grew by 336.0% while expenses grew by only 76.0%, suggesting improving operational efficiency.

Intervalien Foundation distributed $390K in grants to other organizations and individuals, representing 71% of total expenses.

Over 6 filings from 2019–2024, Intervalien Foundation grew revenue from $210K to $367K (+74.9%) while maintaining a program expense ratio of 75%.

Intervalien Foundation holds $4.1M in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 89.9 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$367K$0$0$0$367K
2023$84K$0$0$0$84K
2022$62K$0$0$0$62K
2021$631K$0$0$0$631K
2020$42K$0$0$0$42K
2019$210K$0$0$0$210K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$549K$411K$138K$0$390K
2023$312K$177K$106K$0$157K
2022$471K$337K$133K$0$315K
2021$426K$305K$121K$0$280K
2020$281K$163K$118K$0$140K
2019$574K$443K$131K$0$420K

Program Expense Ratio

74.8%

Admin Expense Ratio

25.2%

Fundraising Efficiency

Operating Reserve

89.9 mo

People & Compensation(Tax Year 2024)

5 records

Compensation Summary

Intervalien Foundation reported compensation for 5 officers and key employees. Total officer compensation was $75K, representing 13.7% of total expenses.

Intervalien Foundation's highest-compensated individual received $75K in total compensation. Total officer compensation of $75K represents 13.7% of total expenses.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
Alan RothenbergPresident/Director
OfficerDirector
4.00$75,000$0$75,000
Danielle Guttman KleinDirector
Director
0.50$0$0$0
Judy O'BrienDirector
Director
0.50$0$0$0
Jim EakinSecretary/Director
OfficerDirector
0.50$0$0$0
Kimberly Myers HewlettTreasurer/Director
OfficerDirector
0.50$0$0$0

Governance & Compliance(Tax Year 2024)

Governance Snapshot

Intervalien Foundation has 5 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 5 members, 4 of whom are independent.

Intervalien Foundation's financial statements are audited, an audit committee oversees the process.

Intervalien Foundation delegates management duties to an outside firm.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members5
Independent members4

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

7 records

Grantmaking Summary

Intervalien Foundation awarded $390K across 7 grants to organizations. Top recipients include Board of Trustees of the Leland Stanford Junior University (Stanford, CA) — $108K for education; University of California San Francisco Foundation (San Francisco, CA) — $97K for health; Barbara Ann Karmanos Cancer Institute (Detroit, MI) — $84K for health.

Organization Grants

RecipientLocationAmountPurpose
Board of Trustees of the Leland Stanford Junior University941156365Stanford, CA$108KEducation
University of California San Francisco Foundation942829914San Francisco, CA$97KHealth
Barbara Ann Karmanos Cancer Institute381613280Detroit, MI$84KHealth
Ohio State University316025986Columbus, OH$25KEducation
Gray Area Foundation for the Arts263383316San Francisco, CA$25KArts & Culture
Carnegie Mellon University250969449Pittsburgh, PA$25KEducation
Processing Foundation460830259New York, NY$25KArts & Culture

Filing History(Tax Years 2014–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$367K$549K$4.1M
2023
990
2023-01-01 – 2023-12-31$84K$312K$4.2M
2022
990
2022-01-01 – 2022-12-31$62K$471K$4.1M
2021
990
2021-01-01 – 2021-12-31$631K$426K$5.1M
2020
990
2020-01-01 – 2020-12-31$42K$281K$5.0M
2019
990
2019-01-01 – 2019-12-31$210K$574K$4.7M
2014–2018No filings acquired yet

Frequently Asked Questions

What does Intervalien Foundation do?

INTERVALIEN FOUNDATION WILL ACCOMPLISH ITS PURPOSE BY MAKING CHARITABLE GIFTS to fund projects that are within the following areas, PARTICULARLY THOSE THAT HAVE TRADITIONALLY BEEN UNDERFUNDED OR UNFUNDED, INCLUDING BUT NOT LIMITED TO HIGH-RISK, LONG-TERM PROJECTS, BUT WITHOUT ANY PREFERENCE: CROSS-DISCIPLINARY INITIATIVES INVOLVING TECHNOLOGY WITH THEATER, EDUCATION, VISUAL ARTS, LITERARY ARTS, CULTURE, NEW MEDIA, MUSIC, FILM, COMPUTATIONAL HUMANITIES OR JOURNALISM, AND VISION, NEUROLOGICAL, BRAIN, CANCER OR CARDIOVASCULAR RESEARCH; PARTICULARLY INITIATIVES AND RESEARCH IN THE ABOVE AREAS THAT SUBSCRIBE TO OPEN SOURCE, OPEN DATA, OR OPEN SCIENCE PRINCIPLES.

How much revenue does Intervalien Foundation have?

Intervalien Foundation reported $367,026 in total revenue for tax year 2024, up 336.0% from the prior year.

Who is the highest-paid executive at Intervalien Foundation?

Alan Rothenberg, President/Director, received $75,000 in total compensation as of tax year 2024.

Is Intervalien Foundation a 501(c)(3)?

Yes, Intervalien Foundation is classified as a 501(c)(3) tax-exempt organization.

Where is Intervalien Foundation located?

Intervalien Foundation is headquartered in Mountain View, CA 94040.

What type of nonprofit is Intervalien Foundation?

Intervalien Foundation is classified under NTEE code T99 (Philanthropy, Voluntarism & Grantmaking N.E.C.), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.

Is Intervalien Foundation audited?

Yes, Intervalien Foundation's financial statements are audited, and the organization has an audit committee.

Does Intervalien Foundation give grants?

Yes, Intervalien Foundation distributed $389,605 in grants to other organizations and individuals in tax year 2024. Top recipients include Board of Trustees of the Leland Stanford Junior University, University of California San Francisco Foundation, Barbara Ann Karmanos Cancer Institute.

Data Source

Prepared by: Crowe LLP, Plano, TX

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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