Private Foundation · DE
Founderorg Inc
Wilmington, DE · EIN 461218553 · Website (ProPublica) ↗ · 990s on ProPublica ↗
Assets
$14.2M
Total Giving
$575K
Grants on File
2
Average Grant
$288K
Giving Radius
Where Founderorg Inc Has Given
Section I
How to Apply
Applications are accepted online on the website at www.founder.org/about/apply. Applications are accepted and evaluated in cycles from November through March or until the class (up to 50 teams) is full. When applying, an applicant will be asked to answer a few questions and attach a presentation. If there is a match between the project and the mission, the foundation will contact the applicant to present to the associates and executives. Following the presentation, the foundation will evaluate the application using 8D and the Eight Dimensions (described in Part IX-A of this return). The evaluation and feedback will be shared with the applicant.
On Unsolicited Proposals yes
Restrictions
Students, faculty and recent alumni (last 18 months) from accredited universities around the world are eligible to apply. Teams involved in innovation and entrepreneurial programs at our partner universities are also eligible to apply. Team must have at least one full-time eligible person. We make the final determination regarding eligibility.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Bel Tiburon, CA | $500K | 2022 |
| New York, NY | $75K | 2023 |
2 grants total
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $15.7M | $2.0M | $-594,049 | $548K |
| 2022 | $20.0M | $1.5M | $91K | $962K |
| 2021 | $20.8M | $1.5M | $8.1M | $300K |
| 2020 | $13.0M | $2.0M | $-1,700,364 | $66K |
| 2019 | $14.8M | $1.4M | $-1,465,378 | $145K |
| 2015 | $16.2M | $171K | $11.0M | $3.0M |
| 2014 | $8.1M | $49K | $8.6M | $1.8M |
| 2013 | $388K | — | $1.7M | $1.4M |
Section VII
Foundations Like This One
Similar in focus area, location, and asset size. Worth researching as part of the same campaign.