CONNECT FOUNDATION

As filed

Subsection

03

NTEE code

B90

Classification

2000

Street

9605 SCRANTON RD STE 110

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• INNOVATION DAY (FIVE.TEN.THIRTY) WAS THE LARGEST GATHERING OF THE INNOVATION COMMUNITY IN SANDIEGO HISTORY. CONNECT GATHERED 200 VCS, ANGEL INVESTORS, CEOS, CTOS, DEI LEADERS,NATIONAL SECURITY LEADERS, AND 160+ TECH AND LIFE SCIENCE COMPANIES, DRIVING INNOVATION ACROSSSAN DIEGO TO CONTINUE COLLECTIVE MOMENTUM FORWARD TO SCALING UP A MORE ROBUST AND MOREINCLUSIVE ECONOMY ACROSS THE MEGAREGION. OVER 3,000 PEOPLE ATTENDED THIS INAUGURAL EVENT. THEGOALS OF 5.10.30 ARE TO CELEBRATE COMMUNITY ADVANCEMENT, TO GENERATE INTEREST OUTSIDE OF SANDIEGO AND ATTRACT MORE TALENT TO SAN DIEGO;

  Expenses $867,507 · Revenue $545,440

• LIFE SCIENCE LUMINARY DINNER, AN ANNUAL DINNER OF KEY PLAYERS IN THE SAN DIEGO LIFE SCIENCE COMMUNITY, TRADITIONALLY HOSTED AT THE HOME OF A SUCCESSFUL LIFE SCIENCE ENTREPRENEUR THAT MADE GREAT STRIDES IN THE LIFE SCIENCE COMMUNITY IN THE PAST YEAR. THE DINNER BRINGS IN ONLY THE TOP INNOVATORS TO BUILD RELATIONSHIPS, NETWORK, AND CELEBRATE THE SAN DIEGO LIFE SCIENCE COMMUNITY

  Expenses $258,601 · Revenue $12,133

• COOL COMPANIESCOOL COMPANIES PRIVATE EVENT, AN ANNUAL PROGRAM WHERE CONNECT SELECTS THE TOP CENTURE CAPITAL-READY TECHNOLOGY AND LIFE SCIENCE COMPANIES TO BE NAMED A "COOL COMPANY". ALL THE COMPANIES' CEOS MEET INVESTORS IN A PRIVATE INVITE-ONLY EVENT WITH THE INTENTION OF SECURING FUNDING FOR THEIR COMPANY;COOL COMPANIES PUBLIC EVENT, AN ANNUAL GATHERING FOR THE SAN DIEGO COMMUNITY TO MEET AND LEARN ABOUT EACH COOL COMPANY, AS WELL AS NETWORK, MAKE RELATIONSHIPS, AND CELEBRATE THE NEW COOL COMPANIES;VC ROAD TRIP, DURING DAY 2 OF THE COOL COMPANIES PRIVATE EVENT, VENTURE CAPITALISTS FROM ALL AROUND THE COUNTRY EMBARK ON AN OUTING, TYPICALLY SAILING, AND ARE GIVEN A TOUR OF SAN DIEGO. THE PURPOSE OF THE DAY LEARN ABOUT SAN DIEGO AND TO GROW RELATIONSHIPS BETWEEN OUT-OF-TOWN VENTURE CAPITALISTS AND THE SAN DIEGO INNOVATION COMMUNITY.

  Expenses $207,336 · Revenue $60,000

• SPRINGBOARD, A BUSINESS CREATION AND DEVELOPMENT PROGRAM IN WHICH BUSINESS ADVISORS PROVIDEMENTORSHIP TO NEW TECHNOLOGY COMPANIES WHO THEN PRESENT TO A PANEL OF INDUSTRY VETERANS,INVESTORS AND SERVICE PROVIDERS;FRAMEWORKS WORKSHOPS, HALF-DAY, PROFESSIONAL DEVELOPMENT PROGRAMS STRUCTURED TO PROVIDE ANOVERVIEW OF BUSINESS BASICS THROUGH 'FUNDAMENTALS': A VOCABULARY, FOUNDATION AND 'FRAMEWORK' INWHICH BUSINESS LEADERSHIP CAN BE BUILT AROUND, AND 'ADVANCED WORKSHOPS': A FOCUSED ANDDETAILED LOOK AT SPECIALIZED AND INDUSTRY SPECIFIC TOPICS CUSTOMIZED TO FIT THE NEEDS OF A START-UPCOMPANY;CONNECT INNOVATION REPORT, A REGIONAL QUARTERLY INDEX WHICH TRACKS THE HEALTH OF THE SANDIEGO INNOVATION ECONOMY BY COMPARING DATA YEAR TO YEAR AND QUARTER TO QUARTER, PROVIDING ACOMPARISON ACROSS TECH INDUSTRY CLUSTERS TO SELECTED REGIONS AND MONITORING AVAILABILITY OF VARIOUSTYPES OF CAPITAL. THE DATA HELPS POLICYMAKERS AND TRADE ORGANIZATIONS PLAN AND ADVOCATEEFFECTIVELY FOR INNOVATION ECONOMY INCLUDING AVAILABILITY OF VISAS AND WORKFORCE TRAINING FOR TALENT INHIGH GROWTH CLUSTERS, BUILDING AN ATTRACTIVE ENVIRONMENT FOR CAPITAL INVESTMENT, ALLOCATION OF GRANTFUNDING, REFORM OF THE PATENT SYSTEM AND ZONING;SPRINGBOARD IMPACT REPORT, PROVIDES AN OVERVIEW OF THE COMPANIES THAT HAVE GONE THROUGH THESPRINGBOARD ACCELERATOR PROGRAM SINCE 2005 TO FOLLOW-UP ON THEIR DEVELOPMENT AND PROGRESS;VENTURE SUMMIT, A TWO-DAY CONFERENCE CONNECTING SAN DIEGO'S COMPANIES TO INVESTORS FROM ALLOVER THE COUNTRY. DAY 1 FOCUSES ON SAN DIEGO LIFE-SCIENCE AND TECHNOLOGY COMPANIES IN MULTIPLETRACKS, PITCHING TO INVESTORS FROM ALL OVER THE COUNTRY. THE INVESTORS AND KEY PLAYERS FROM THE SANDIEGO INNOVATION COMMUNITY PARTICIPATE IN A NETWORKING EVENT FOCUSED ON BUILDING RELATIONSHIPSAND ELEVATING THE SAN DIEGO ECOSYSTEM. DAY 2 BRINGS IN UP-AND-COMING VENTURE CAPITALISTS FROMALL OVER THE COUNTRY TO GIVE EDUCATIONAL TALKS;SUMMER SOCIAL, AN ANNUAL GATHERING OF SAN DIEGO ENTREPRENEURS, INNOVATORS, INVESTORS, CEOS,AND SERVICE PROVIDERS GETTING TOGETHER TO NETWORK, MAKE RELATIONSHIPS, AND CELEBRATE THEINNOVATION COMMUNITY OF SAN DIEGO. THE PROGRAM WILL RESUMED IN FISCAL YEAR 2024;CONNECT SBDC, A PROGRAM THAT MATCHES EARLY-STAGE COMPANIES WITH GENERALIST MENTORS TOANSWER QUESTIONS RANGING FROM IDEAS, BUSINESS PLANS, MARKETING, AND MORE;VC ROAD TRIP, DURING DAY 2 OF THE COOL COMPANIES PRIVATE EVENT, VENTURE CAPITALISTS FROM ALLAROUND THE COUNTRY EMBARK ON AN OUTING, TYPICALLY SAILING, AND ARE GIVEN A TOUR OF SAN DIEGO. THEPURPOSE OF THE DAY IS TO LEARN ABOUT SAN DIEGO AND TO GROW RELATIONSHIPS BETWEEN OUT-OF-TOWNVENTURE CAPITALISTS AND THE SAN DIEGO INNOVATION COMMUNITY.

  Expenses $1,333,206 · Revenue $275,828

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

The first 25 listed. 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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $3,094,359

  Expenses

  $3,111,063

  Contributions

  $2,153,341

  Grants paid

  $0

• 2023

  Revenue

  $2,827,352

  Expenses

  $2,790,882

  Contributions

  $1,830,068

  Grants paid

  $0

• 2022

  Revenue

  $2,562,877

  Expenses

  $2,217,821

  Contributions

  $2,106,131

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $2,690,604

  Expenses

  $2,206,445

  Assets (EOY)

  $2,161,085

• 2020 · 990

  Revenue

  $1,425,572

  Expenses

  $1,447,084

  Assets (EOY)

  $1,763,046

• 2019 · 990

  Revenue

  $2,329,824

  Expenses

  $2,065,256

  Assets (EOY)

  $1,407,738

• 2018 · 990

  Revenue

  $1,693,824

  Expenses

  $1,607,000

  Assets (EOY)

  $857,730

• 2017 · 990

  Revenue

  $1,895,067

  Expenses

  $1,828,212

  Assets (EOY)

  $810,720

• 2016 · 990

  Revenue

  $2,152,080

  Expenses

  $2,188,879

  Assets (EOY)

  $841,026

• 2015 · 990

  Revenue

  $2,041,375

  Expenses

  $2,402,858

  Assets (EOY)

  $869,432

• 2014 · 990

  Revenue

  $2,678,762

  Expenses

  $2,747,872

  Assets (EOY)

  $1,128,752

• 2013 · 990

  Revenue

  $3,498,201

  Expenses

  $3,058,821

  Assets (EOY)

  $1,113,558

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $3,195,167

  Assets (EOY)

  $798,721

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• ASHURST PERKINS COIE FOUNDATION

  $19,976

  2022 · 2022 MEMBERSHIP RENEWAL, 2022 COOL COMPANIES, 2022 CONNECT, DEI LEADERSHIP PROGRAM

• THE SAN DIEGO FOUNDATION

  $15,000

  2022 · CONNECT CAPITAL CONNECTION PROGRAMS

• THE SAN DIEGO FOUNDATION

  $15,000

  2024 · A SDG&E ECONOMIC PROSPERITY GRANT TO SUPPORT THE 2024 CONNECT CAPITAL PROGRAM

• SHARP HEALTHCARE

  $10,000

  2022 · Sponsorship

• SHARP HEALTHCARE

  $10,000

  2023 · Sponsorship

• AMERICAN ENDOWMENT FOUNDATION

  $5,000

  2022 · GENERAL OPERATING SUPPORT

Other IRS files