Nuro Generation Fund FY2024 filing

Mountain View, CAUnknown exempt organizationSince 2022EIN 88-2931443

On file with the IRS1300 Terra Bella Ave Suite 100 · Mountain View, CA

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The company will conduct and support initiatives that improve everyday life, today and in the future, including but not limited to health, education, road safety, natural infrastructure, climate change solutions, and technical innovation for public good.

Mission: Form 990 Part I, line 1

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $30.0M a year · 100% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$0
-100% vs prior year
Spent
$0
Net assets
$119.9M
By yearFY2023–FY2026
Revenue
$0
FY2024▼ -100%
Tap a bar for its year
Revenue by fiscal year
FY2023$119.9M
FY2024$0
FY2025$9K
FY2026$4K
Expenses
$0
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2023$0
FY2024$0
FY2025$9K
FY2026$4K
Net assets
$119.9M
FY20240%
Tap a bar for its year
Net assets by fiscal year
FY2023$119.9M
FY2024$119.9M
FY2025$38.4M
FY2026$38.4M

From the FY2024 Form 990 (year ending March 2024) · see the original

990 PDF Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026.

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

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
See Nuro Generation Fund 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 15aNo

Programs and updates

Improves everyday life through initiatives in health, education, safety, environment, and technology.

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Provided by the organization

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1 program · in their own filed words · FY2023
01

The organization is in the second year of operation and has not begun program services.

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$0
Ln 12
Money outPt IX
$0
Ln 25
Owns and owesPt X
$119.9M
net assets · Ln 32
Total assetsLn 16$119.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Total revenueLn 12$0
Assets in detailPt X, end of year
InvestmentsLn 11–13$119.9M
Total assetsLn 16$119.9M
LiabilitiesLn 26$0
Net assetsLn 32$119.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderMarch
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 FY24End FY24
InvestmentsLn 11–13$119.9M$119.9M
Total assetsLn 16$119.9M$119.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$119.9M$119.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Total functional expensesLn 25$0$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $4K$4K$0$38.4M 990 PDF
FY2025 $9K$9K$0$38.4M 990 PDF
FY2024 Viewing $0$0$0$119.9M 990 PDF
FY2023 $119.9M$0$119.9M$119.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $0 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $119,906,074$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $119,906,074$0
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $0$0
I-18 Total expensesPrior year $0$0
I-19 Revenue less expensesPrior year $119,906,074$0
Part VI · Governance 2 of 2 board members independent, 4 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
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 $0 across 1 lines filed
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
Part IX · Statement of functional expenses $0 across 0 lines filed
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$0
Part X · Balance sheet $119,906,074 assets, 5 lines filed
X-12 Other securitiesStart of year $119,906,074$119,906,074
X-16 Total assetsStart of year $119,906,074$119,906,074
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $119,906,074$119,906,074
X-33 Total liabilities and net assetsStart of year $119,906,074$119,906,074
Part XI · Reconciliation of net assets $119,906,074 net assets at year end
XI-1 Total revenue$0
XI-2 Total expenses$0
XI-3 Revenue less expenses$0
XI-4 Net assets at start of year$119,906,074
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$119,906,074

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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