Connected Giving Foundation
1551 Emancipation Highway 1506, Fredericksburg, VA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $5,637,277 | $1,243,287 | $69,581,264 |
| FY2023 | $59,748,690 | $1,139,991 | $60,852,660 |
| FY2022 | $0 | $0 | $0 |
| FY2021 | $0 | $0 | $0 |
| FY2020 | $0 | $0 | $0 |
| FY2019 | $0 | $0 | $0 |
Form 990 filings
The returns filed by Connected Giving Foundation (EIN 84-3558614), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $3,000,000 | 53% |
| Program service revenue | $0 | 0% |
| Other revenue | $2,637,277 | 47% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $1,000,000 | 80% |
| Management & general | $243,287 | 20% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 53% of total revenue in FY2024.
- Program services accounted for 80% of functional expenses, management & general 20%, and fundraising 0%.
- 80% of functional expenses went to program services in FY2024. That is higher than 45.6% of 171 Science & Technology organizations nationwide (too few in VA for a state comparison).
- Net assets covered about 671.6 months of expenses at the end of the reporting year. That puts it in the 99th percentile among 117 Science & Technology organizations in VA.
- Total revenue was higher than 79.5% of 122 Science & Technology organizations in VA.
- Total revenue rose from $0 in FY2019 to $5,637,277 in FY2024. Revenue increased in 1 and decreased in 1 of 5 year-over-year comparisons.
- Revenue covered expenses in each of the 6 reported years, FY2019 to FY2024.
- The highest revenue on record here is $59,748,690 in FY2023.
- Net assets grew from $0 to $69,581,264 between FY2019 and FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
CONNECTED GIVING FOUNDATION IS FORMED TO RECEIVE CHARITABLE CONTRIBUTIONS, MANAGE AND INVEST ASSETS FOR THE BENEFIT OF INTERNET SOCIETY AND INTERNET SOCIETY FOUNDATION, AND MAKE GRANTS TO SUPPORT THE INTERNET SOCIETY AND INTERNET SOCIETY FOUNDATION.
IRS status
| Ruling year | 2020 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | U41 — Science & Technology (in VA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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