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Making distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code of 1986, as amended, or the corresponding section of any future federal tax code and supporting underrepresented startup founders with capital and non-financial resources in order to create and foster a diverse and inclusive ecosystem.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 84-4119877) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest 990-N e-Postcard
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $2K a year · 0.4% of revenue · last 3 filings
A surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
87%
of spending
87% of spending went to programs.
Pt IX · Ln 25 · col B
1.2 mo
of spending, in cash
1.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $31
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
3
of 3 voting members
3 of 3 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$988
-100% vs prior year
Spent
$257K
To programs
87%
Net assets
$25K
By yearFY2020–FY2023
Revenue
$988
FY2023▼ -100%
Tap a bar for its year
Revenue by fiscal year
FY2020$100K
FY2021$832K
FY2022$713K
FY2023$988
Expenses
$257K
FY2023▼ -74%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$305K
FY2022$977K
FY2023$257K
Net assets
$25K
FY2023▼ -91%
Tap a bar for its year
Net assets by fiscal year
FY2020$18K
FY2021$545K
FY2022$281K
FY2023$25K

From the FY2023 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Files the 990-N e-Postcard (latest 2025). Last full Form 990: 2023. IRS ruling in Oct 2020.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $225K Management & general 13% · $32K

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

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Find Ventures Co executive salaries →

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 15aNo

Programs and updates

Provides capital and resources to support underrepresented startup founders and qualifying charities.

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1 program · $225K · in their own filed words · FY2023
01

Making distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code of 1986, as amended, or the corresponding section of any future federal tax code and supporting underrepresented startup founders with capital and non-financial resources in order to create and foster a diverse…

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 84-4119877) · Dispute this line
$225Kprogram 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 · FY2023
Total grants receivedfrom 1 funder$31
Grants paid · 17 grants · $720K · 2022–2023
WhylabsFY2023$52,000
LitespriteFY2023$42,022
IntentionalistFY2023$22,000
GoldensherpaFY2023$22,000
Cognition MedcoltrainFY2023$12,000
ClearbriefFY2023$12,000
Bio Fiber IndustriesFY2023$12,000
SpritzFY2022$72,000
NiftmintFY2022$72,000
Cirkled in INCFY2022$72,000
Cognition MedcoltrainFY2022$60,000
ClearbriefFY2022$60,000
Bio Fiber IndustriesFY2022$60,000
IntentionalistFY2022$50,000
GoldensherpaFY2022$50,000
LitespriteFY2022$29,958
WhylabsFY2022$20,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$988
Ln 12
Gifts and grantsLn 1h$810
Investment incomeLn 3$178
Money outPt IX
$257K
Ln 25
Programscol B$225K
Managementcol C$32K
Owns and owesPt X
$25K
net assets · Ln 32
Cash and savingsLn 1–2$25K
Total assetsLn 16$25K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$810
Investment incomeLn 3$178
Total revenueLn 12$988
Assets in detailPt X, end of year
CashLn 1$10K
SavingsLn 2$15K
Cash and savings togetherLn 1–2$25K
Total assetsLn 16$25K
LiabilitiesLn 26$0
Net assetsLn 32$25K
OperationsPt I, VI
EmployeesI 54
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$286K$25K
Total assetsLn 16$286K$25K
LiabilitiesLn 26$5K$0
Net assetsLn 32$281K$25K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$174K$174K
Other salaries and wagesLn 7$65K$43K$22K
Payroll taxesLn 10$6K$4K$2K
Legal feesLn 11b$8K$8K
Advertising and promotionLn 12$625$625
TravelLn 17$1K$1K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$567$567
All other expensesLn 24e−$245−$245
Total functional expensesLn 25$257K$225K$32K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest ViewingFiled with the IRS Nov 14, 2024 $988$257K−$256K$25K 990 PDF
FY2022Filed with the IRS Nov 6, 2023 $713K$977K−$264K$281K 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $832K$305K$526K$545K 990 PDF
FY2020Filed with the IRS Nov 15, 2021 $100K$18K 990 PDF

Files the 990-N e-Postcard (latest 2025). Last full Form 990: 2023. The 990-N has no money details, and postcard years before 2025 are not published by the IRS.

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2023 990
Part I · Summary $988 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $712,485$810
I-9 Program service revenue$0
I-10 Investment incomePrior year $656$178
I-11 Other revenue$0
I-12 Total revenuePrior year $713,141$988
I-13 Grants and similar amounts paidPrior year $545,958$174,022
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $282,255$70,819
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $148,655$12,206
I-18 Total expensesPrior year $976,868$257,047
I-19 Revenue less expensesPrior year −$263,727−$256,059
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $988 across 4 lines filed
VIII-1f All other contributions, gifts and grants$810
VIII-1h Total contributions, gifts and grants$810
VIII-3 Investment incomeExcluded from tax $178$178
VIII-12 Total revenueExcluded from tax $178$988
Part IX · Statement of functional expenses $257,047 across 9 lines filed
IX-1 Grants to domestic organizationsPrograms $174,022$174,022
IX-7 Other salaries and wagesPrograms $43,334 · Management $21,666$65,000
IX-10 Payroll taxesPrograms $3,899 · Management $1,920$5,819
IX-11b Legal feesManagement $8,410$8,410
IX-12 Advertising and promotionPrograms $625$625
IX-17 TravelPrograms $1,161$1,161
IX-23 InsurancePrograms $1,688$1,688
IX-24 Other expenses (24a–d)Management $567$567
IX-24e All other expensesManagement −$245−$245
IX-25 Total functional expensesPrograms $224,729 · Management $32,318 · Fundraising $0$257,047
Part X · Balance sheet $24,872 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $99,289$10,345
X-2 Savings and temporary cash investmentsStart of year $187,114$14,527
X-16 Total assetsStart of year $286,403$24,872
X-26 Total liabilitiesStart of year $5,472$0
X-27 Net assets without donor restrictionsStart of year $280,931$24,872
X-32 Total net assets or fund balancesStart of year $280,931$24,872
X-33 Total liabilities and net assetsStart of year $286,403$24,872
Part XI · Reconciliation of net assets $24,872 net assets at year end
XI-1 Total revenue$988
XI-2 Total expenses$257,047
XI-3 Revenue less expenses−$256,059
XI-4 Net assets at start of year$280,931
XI-10 Net assets at end of year$24,872

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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