NATIONAL COLLEGIATE INVENTORS & INNOVATORS ALLIANCE

HADLEY, MA, 01035-9462 (413) 587-2172 Est. 2007 EIN 42-1727335
B12— Education Form 990 501(c)(3)
WWW.VENTUREWELL.ORG

Mission

VentureWell is on a mission to cultivate a pipeline inventors, innovators, and entrepreneurs driven to solve the world's biggest challenges and to create lasting impact. We foster collaboration among the best minds from research labs, classrooms, and beyond to advance innovation and entrepreneurship education and to provide unique opportunities for stem students and researchers to fully realize their potential to improve the world.

Giving Portfolio

Total Grants
556
Total Giving
$13.1M
Recipients
549
Years Active
2017 - 2023
Avg grant: $25,523 Median: $25,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202350$1.9M $37K1931
202271$1.8M $25K3237
202154$1.6M $29K1439
2020140$3.0M $21K8554
2019140$2.9M $21K10038
2017101$2.0M $20K1000

Sectors Funded

Education
184
Health Care
14
Community Improvement
8
Science & Technology
6
Recreation & Sports
6
Philanthropy & Grantmaking
4
Youth Development
3
Medical Research
2
and 4 more sectors

Top States

California
89
Massachusetts
50
Texas
34
New York
33
North Carolina
32
Pennsylvania
31
Illinois
21
Virginia
20
and 39 more states

Grantee Size Profile

Over $50M
174
$10M - $50M
22
$1M - $5M
11
$500K - $1M
4
$5M - $10M
3
$100K - $500K
1
Under $100K
1

Top Grantees

2TWELVE90 LLC
SC
$563K
$290K
$220K
$162K
$137K
$115K
North Carolina State University at Raleigh
NC - 2 grants
$114K
$100K
NY - 3 grants
$98K
OREGON STATE UNIVERSITY
OR - 2 grants
$95K
and 15 more grantees

Grants Awarded · 278 grants

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Financials

Total Revenue
$116,586,489
Total Expenses
$110,811,872
Net Assets
$33,978,310
155 employees 14 volunteers
From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve
3.7 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 24.9%
Expenses ↑ 23.3%
Revenue Sources
Contributions 6.0% Earned revenue 93.1% Investment 0.9%
Expense Breakdown
Program 87.2% Management 12.1% Fundraising 0.7%

Officers & Trustees (22)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2023 Form 990$116,586,489 $110,811,872$33,978,310
2022 Form 990$93,331,215 $89,870,589$27,929,924
2021 Form 990$81,594,297 $72,236,568$24,286,974
2020 Form 990$45,805,073 $38,677,558$15,498,378
2019 Form 990$18,810,638 $16,234,365$8,150,424
2017 Form 990$13,606,766 $13,341,879$5,017,927

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EIN: 42-1727335 · Source: IRS Form 990 e-file data