Public Charity

ELEVATE QUANTUM

ELEVATE QUANTUM is a private foundation categorized as Public Charity based in DENVER, CO. Its most recent IRS filing (2025) reports revenue of $7.1M, expenses of $2.5M, total assets of $6.5M. Imperigo tracks 2 reported grants from this foundation totaling approximately $362K.

EIN: 931969790 DENVER, CO Economic Development NTEE: S30 Latest filing: 2025
Total Revenue$7.1M
Total Expenses$2.5M
Total Assets$6.5M
Grants Given2
Grant Total$362K
Filing Years2024–2025

Mission

ELEVATE QUANTUM'S EXEMPT PURPOSE IS TO UNITE COLORADO, NEW MEXICO, AND WYOMING TO ESTABLISH THE MOUNTAIN WEST AS A GLOBAL LEADER IN QUANTUM DEVELOPMENT. THEIR MISSION FOCUSES ON ENHANCING U.S. ECONOMIC AND NATIONAL SECURITY BY FOSTERING REGIONAL COLLABORATION AND STRENGTHENING ENGAGEMENT AMONG STAKEHOLDERS.

Where $100 goes at Elevate Quantum

How Elevate Quantum divides every $100 it spends, from its own Form 990 filings.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$37
Commercialization lab
44% of program spending
$20
Photonic integrated circuit (pic) fabrication
23% of program spending
$11
Workforce development
13% of program spending

Plus 2 more programs. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

QPIC INC
BOULDER, CO · 2024
DEVELOPMENT OF NANOFAB
$284,750
OCTAVE PHOTONICS
LAFAYETTE, CO · 2024
OCTAVE SUBAWARD EQ PROJECT
$77,217

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

DIRECTOR Alex Greenberg
DIRECTOR Anthony Neal-Graves
DIRECTOR (UNTIL 7/1/25) Brooks Johnson
CHAIR OF THE BOARD Corban Tillemann-Dick
DIRECTOR Dan Caruso
DIRECTOR Dr Colleen Simpson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$77,217 1 grant
Unspecified
$284,750 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $7.1M $2.5M $6.5M
2024 $511K $490K $126K

Between 2024 and 2025, reported annual revenue grew from $511K to $7.1M (+1299%), with total assets most recently reported at $6.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CO.

CO

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for ELEVATE QUANTUM

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