Kevin and Nicole Systrom Foundation
Preselected recipients only
Kevin and Nicole Systrom Foundation is a private foundation in Palo Alto, California. In tax year 2024 it gave $1.3 million in 7 grants; the typical grant was $200,000 and the largest $375,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$1.3 million
- Number of grants7
- Typical grant$200,000
- Largest grant$375,000
- Assets$38.1 million
- New grantees71%
Giving in 2024 was up from $635,000 the year before.
71% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $635,000 | 7 | $23.5 million |
| 2024 | $1.3 million | 7 | $38.1 million |
How to apply
Kevin and Nicole Systrom Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
Its grants went to recipients in 3 states, the most to Massachusetts.
| State | Grants | Amount |
|---|---|---|
| Massachusetts | 2 | $625,000 |
| California | 3 | $450,000 |
| New York | 2 | $25,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Charitable Gift Fund | General support | $375,000 |
| Prime Coalition Inc | General support | $250,000 |
| Activate Global Inc | General support | $200,000 |
| The Nueva School | Nueva fund | $200,000 |
| Tipping Point Community | General support | $50,000 |
| Food for Soul Inc | General support | $15,000 |
| Release Recovery Foundation Inc | Annual gala | $10,000 |
Officers and trustees
- Kevin Systrom
- Nicole Systrom
- Tom van Loben Sels
Questions people ask
Does Kevin and Nicole Systrom Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Kevin and Nicole Systrom Foundation give?
$1.3 million in tax year 2024, across 7 grants, with a typical grant of $200,000.
Who runs Kevin and Nicole Systrom Foundation?
Its 2024 filing lists Kevin Systrom (Co-President/Treasurer), Nicole Systrom (Co-President/Secretary) and Tom van Loben Sels (Assistant Secretary).