To unleash the full power of program-related investments to achieve charitable impact.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Run by 12 volunteers and 4 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $4.4M a year · 66% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$115K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
29 mo
of spending, in cash
Plus $24.2M in investments, Pt X · Ln 11–13
Looks good: 28.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
16
named funders · $2.8M
Looks good: 16 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.5M
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 9 voting members
Looks good: 8 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11.8M
+67% vs prior year
Spent
$1.7M
To programs
88%
Net assets
$27.9M
By yearFY2020–FY2025
Revenue
$11.8M
FY2025▲ +67%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.9M
FY2021$5.3M
FY2022$8.9M
FY2023$4.5M
FY2024$7.1M
FY2025$11.8M
Expenses
$1.7M
FY2025▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$647K
FY2021$1.5M
FY2022$2.1M
FY2023$6.0M
FY2024$1.8M
FY2025$1.7M
Net assets
$27.9M
FY2025▲ +57%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.1M
FY2021$7.9M
FY2022$14.4M
FY2023$12.7M
FY2024$17.7M
FY2025$27.9M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $1.5M Management & general 8% · $140K Fundraising 4% · $61K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

9 people listed on the 990; $115K paid to officers and key staff.

Part VII, Section A · reportable compensation
President and Director
$114,700Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Jeff Ochs’s $115K as President and Director is at the 6th percentile of top reported officer pay among 661 $10–100M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jeff Ochs$114,700$108,850$103,750$85,250$62,750$72,650

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Venn Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Invests in programs to maximize charitable impact.

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Your first name shows with your question. Venn Foundation answers here, for everyone.

Provided by the organization

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1 program · $1.5M · in their own filed words · FY2025
01

Venn foundation (venn) is a nonprofit public charity on a mission to unleash the full power of program-related investments (pris) to advance charitable impact. By opening a donor-advised fund called a "venn account," any individual or organization can recommend that their charitable dollars be used by venn to make pris.

$1.5Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Bame FoundationFY2024$50K
Total grants receivedfrom 16 funders$2.8M
See all 16 funders →
Grants paid · 24 grants · $1.8M · 2020–2025
World PediatricsVA · FY2025$160,000
The Minneapolis FoundationMN · FY2025$152,010
Minnesota Children's MuseumMN · FY2025$112,026
Macphail Center for MusicMN · FY2025$11,490
Breakthrough Twin CitiesMN · FY2025$10,376
World PediatricsVA · FY2024$120,000
National Philanthropic TrustPA · FY2024$102,774
World PediatricsVA · FY2023$125,000
World PediatricsVA · FY2023$27,000
National Philanthropic TrustPA · FY2023$25,329
National Philanthropic TrustPA · FY2023$24,573
World PediatricsVA · FY2023$10,000
World PediatricsVA · FY2023$10,000
World PediatricsVA · FY2023$10,000
YouthpriseMN · FY2022$14,000
See all 24 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$11.8M
Ln 12
Gifts and grantsLn 1h$10.9M
Fees for servicesLn 2g$870K
Investment incomeLn 3$86K
Money outPt IX
$1.7M
Ln 25
Programscol B$1.5M
Managementcol C$140K
Fundraisingcol D$61K
Owns and owesPt X
$27.9M
net assets · Ln 32
Cash and savingsLn 1–2$4.0M
Total assetsLn 16$29.4M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
9
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10.9M
Noncash giftsLn 1g$1.6M
Fees for servicesLn 2g$870K
Investment incomeLn 3$86K
Total revenueLn 12$11.8M
Assets in detailPt X, end of year
CashLn 1$98K
SavingsLn 2$3.9M
Cash and savings togetherLn 1–2$4.0M
InvestmentsLn 11–13$24.2M
Total assetsLn 16$29.4M
LiabilitiesLn 26$1.5M
Net assetsLn 32$27.9M
OperationsPt I, VI
EmployeesI 54
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$2.6M$4.0M
InvestmentsLn 11–13$15.8M$24.2M
Total assetsLn 16$19.2M$29.4M
LiabilitiesLn 26$1.5M$1.5M
Net assetsLn 32$17.7M$27.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$446K$446K
Pay of current officers, directors and key staffLn 5$115K$35K$46K$35K
Other salaries and wagesLn 7$145K$114K$20K$11K
Payroll taxesLn 10$21K$12K$5K$4K
Legal feesLn 11b$7K$7K
Accounting feesLn 11c$14K$14K
Other fees for servicesLn 11g$9K$9K
Information technologyLn 14$30K$300$30K
OccupancyLn 16$600$600
TravelLn 17$671$193$478
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$887K$877K$5K$5K
Total functional expensesLn 25$1.7M$1.5M$140K$61K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $11.8M$1.7M$10.2M$27.9M 990 PDF
FY2024 $7.1M$1.8M$5.2M$17.7M 990 PDF
FY2023 $4.5M$6.0M−$1.6M$12.7M 990 PDF
FY2022 $8.9M$2.1M$6.8M$14.4M 990 PDF
FY2021 $5.3M$1.5M$3.7M$7.9M 990 PDF
FY2020 $2.9M$647K$2.2M$4.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $11,842,464 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,496,346$10,886,284
I-9 Program service revenuePrior year $517,944$870,153
I-10 Investment incomePrior year $74,002$86,027
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $7,088,292$11,842,464
I-13 Grants and similar amounts paidPrior year $394,995$445,902
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $228,076$281,062
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,225,356$958,300
I-18 Total expensesPrior year $1,848,427$1,685,264
I-19 Revenue less expensesPrior year $5,239,865$10,157,200
Part VI · Governance 8 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $11,842,464 across 6 lines filed
VIII-1f All other contributions, gifts and grants$10,886,284
VIII-1g Noncash contributions (included above)$1,586,109
VIII-1h Total contributions, gifts and grants$10,886,284
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $870,153$870,153
VIII-3 Investment incomeExcluded from tax $86,027$86,027
VIII-12 Total revenueRelated to mission $870,153 · Unrelated business $0 · Excluded from tax $86,027$11,842,464
Part IX · Statement of functional expenses $1,685,264 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $445,902$445,902
IX-5 Pay of current officers, directors and key staffPrograms $34,560 · Management $46,080 · Fundraising $34,560$115,200
IX-7 Other salaries and wagesPrograms $113,986 · Management $20,085 · Fundraising $10,570$144,641
IX-10 Payroll taxesPrograms $12,228 · Management $5,355 · Fundraising $3,638$21,221
IX-11b Legal feesFundraising $7,458$7,458
IX-11c Accounting feesManagement $14,151$14,151
IX-11g Other fees for servicesManagement $9,401$9,401
IX-14 Information technologyPrograms $300 · Management $29,512$29,812
IX-16 OccupancyManagement $600$600
IX-17 TravelPrograms $193 · Management $478$671
IX-23 InsuranceManagement $9,519$9,519
IX-24 Other expenses (24a–d)Programs $876,842 · Management $5,288 · Fundraising $4,558$886,688
IX-25 Total functional expensesPrograms $1,484,011 · Management $140,469 · Fundraising $60,784$1,685,264
Part X · Balance sheet $29,413,154 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $415,943$97,638
X-2 Savings and temporary cash investmentsStart of year $2,156,338$3,948,350
X-4 Accounts receivableStart of year $784,537$1,110,124
X-9 Prepaid expenses and deferred chargesStart of year $9,322$9,719
X-13 Program-related investmentsStart of year $15,841,251$24,247,323
X-16 Total assetsStart of year $19,207,391$29,413,154
X-17 Accounts payable and accrued expensesStart of year $38,547$46,345
X-24 Unsecured notes and loans payableStart of year $1,450,000$1,500,000
X-26 Total liabilitiesStart of year $1,488,547$1,546,345
X-27 Net assets without donor restrictionsStart of year $17,618,844$27,816,809
X-28 Net assets with donor restrictionsStart of year $100,000$50,000
X-32 Total net assets or fund balancesStart of year $17,718,844$27,866,809
X-33 Total liabilities and net assetsStart of year $19,207,391$29,413,154
Part XI · Reconciliation of net assets $27,866,809 net assets at year end
XI-1 Total revenue$11,842,464
XI-2 Total expenses$1,685,264
XI-3 Revenue less expenses$10,157,200
XI-4 Net assets at start of year$17,718,844
XI-9 Other changes in net assets−$9,235
XI-10 Net assets at end of year$27,866,809

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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