Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

GIGAFACT FOUNDATION is a nonprofit organization dedicated to enhancing public affairs by assisting trusted newsrooms in combating misinformation and fostering community engagement. With an operating budget of $174.6K and total revenue of $372.6K for the filing year 2025, the foundation is supported by significant contributions from major funders including Silicon Valley Community Foundation, MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC, INSTITUTE FOR NONPROFIT NEWS, and THE BEALL FAMILY FOUNDATION. The organization does not rely on a single funder for more than 50% of its revenue.

Mission Statement

Gigafact helps highly trusted newsrooms respond constructively to everyday misinformation, rumors, confusions and claims that circulate in their communities. In so doing, newsrooms gain a new way to inform their readers, build civic bridges, hold public officials to account, and unlock growth opportunities.
Revenues
$372.6K
Expenses
$223.6K
Net Income:
+$149K
Assets
$191.4K
Liabilities
$42.4K
Net Assets:
+$149K
Operating Budget
$174.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$25K
Largest grant received
$780.3K
C
Chandran Sankaran
Board Member
K
Kenneth Guernsey
Board Member
K
Kevin Grant
Board Member

Frequently Asked Questions

What is GIGAFACT FOUNDATION’s budget?
In 2025, GIGAFACT FOUNDATION reported an annual operating budget of around $175 thousand. More detailed financial information is available to registered users.
What causes does GIGAFACT FOUNDATION support?
GIGAFACT FOUNDATION supports work in Public affairs.
Where does GIGAFACT FOUNDATION operate?
GIGAFACT FOUNDATION is headquartered in Redwood City, CA.
Who funded GIGAFACT FOUNDATION recently?
In 2024, GIGAFACT FOUNDATION received grants from INSTITUTE FOR NONPROFIT NEWS, INSTITUTE FOR NONPROFIT NEWS, and Silicon Valley Community Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant GIGAFACT FOUNDATION received in 2024?
The largest grant to GIGAFACT FOUNDATION in 2024 exceeds $780 thousand.