Totals
- Total revenue
- $731,646
- Total expenses
- $373,980
- Contributions and grants received
- $717,872
- Grants paid
- $301,578
- Program service revenue
- $0
- Investment income
- $13,774
- Other revenue
- $0
- Total assets, end of year
- $913,852
- Total liabilities, end of year
- $4,939
- Net assets or fund balances, end of year
- $908,913
- Program services expenses (Part IX)
- $330,021
- Management and general expenses
- $43,959
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $330,021
Program services were 88.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$717,872
-
1g · Noncash contributions included above
$50,000
-
3 · Investment income
total $13,774 · related or exempt $13,774 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $34,410 · program services $34,410
-
2 · Grants to domestic individuals
total $152,308 · program services $152,308
-
3 · Grants to foreign organizations and individuals
total $114,860 · program services $114,860
-
5 · Compensation of officers, directors and key employees
total $13,000 · program services $9,100 · management and general $3,900
-
11b · Fees: legal
total $1,876 · management and general $1,876
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $20,361 · program services $19,343 · management and general $1,018
-
13 · Office expenses
total $16,503 · management and general $16,503
-
14 · Information technology
total $10,259 · management and general $10,259
-
17 · Travel
total $10,403 · management and general $10,403
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $521,209 · end of year $230,023
-
12 · Investments: other securities
end of year $647,328
-
15 · Other assets
beginning of year $30,038 · end of year $36,501
-
17 · Accounts payable and accrued expenses
end of year $4,939
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $551,247 · end of year $908,913
Mission and programs · 2023
Mission
The Corporation researches high-leverage ideas addressing critical global challenges, and funds and educates entrepreneurs to launch high-impact organizations. The Corporation identifies the most promising interventions through rigorous research, then promotes effective solutions through entrepreneurship, education, and public engagement.
-
The Corporation conducts rigorous research to identify high-leverage solutions to pressing global challenges and supports their implementation through entrepreneurship, education, and public engagement. By funding and training mission-driven entrepreneurs, the Corporation facilitates the launch of high-impact organizations. Its work centers on promoting the most promising interventions, grounded in evidence and designed to generate measurable, scalable social impact.
Expenses $330,021 · Grants $330,021
As filed on the 2023 return.
Listed in Part VII
-
Andrew Spartz
President, Treasurer, Director
- Total calculated
- $10,000
- From this org
- $10,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Emerson Spartz
Director
- Total calculated
- $0
- Hours/week
- 5
-
Thomas Spartz
Secretary, Director
- Total calculated
- $0
- Hours/week
- 0.1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$12,000
The Corporation supports domestic programs that advance innovative solutions to social and economic challenges through research, entrepreneurship, and education. Activities in the United States include funding community-based initiatives, providing training and capacity-building support to local leaders and social entrepreneurs, and disseminating evidence-based strategies to improve outcomes in health, education, and economic development. These efforts aim to strengthen local capacity and promote sustainable, high-impact change in underserved communities.
-
$11,550
The Corporation supports domestic programs that advance innovative solutions to social and economic challenges through research, entrepreneurship, and education. Activities in the United States include funding community-based initiatives, providing training and capacity-building support to local leaders and social entrepreneurs, and disseminating evidence-based strategies to improve outcomes in health, education, and economic development. These efforts aim to strengthen local capacity and promote sustainable, high-impact change in underserved communities.
-
$10,860
The Corporation supports domestic programs that advance innovative solutions to social and economic challenges through research, entrepreneurship, and education. Activities in the United States include funding community-based initiatives, providing training and capacity-building support to local leaders and social entrepreneurs, and disseminating evidence-based strategies to improve outcomes in health, education, and economic development. These efforts aim to strengthen local capacity and promote sustainable, high-impact change in underserved communities.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521339349301702
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