Totals
- Total revenue
- $611,319
- Total expenses
- $60,072
- Contributions and grants received
- $644,315
- Grants paid
- $53,685
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$32,996
- Total assets, end of year
- $551,247
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $551,247
- Program services expenses (Part IX)
- $53,685
- Management and general expenses
- $6,387
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $53,685
Program services were 89.4% 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
$644,315
-
1g · Noncash contributions included above
$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
-
11d · All other revenue
total -$32,996 · related or exempt -$32,996 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
-$32,996
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $125 · program services $125
-
3 · Grants to foreign organizations and individuals
total $53,560 · program services $53,560
-
11g · Fees: other
total $0
-
13 · Office expenses
total $21 · management and general $21
-
14 · Information technology
total $6,366 · management and general $6,366
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $521,209
-
15 · Other assets
end of year $30,038
-
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 $0 · end of year $551,247
Mission and programs · 2022
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 $53,685 · Grants $53,685
As filed on the 2022 return.
Listed in Part VII
-
Andrew Spartz
President, Treasurer, Director
- Total calculated
- $0
- Hours/week
- 20
-
Emerson Spartz
Director
- Total calculated
- $0
- Hours/week
- 20
-
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2025
- IRS schema version
- 2022v5.0
- Source object
- 202541339349301654
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