Public Charity

IDEA FOUNDRY

IDEA FOUNDRY is a Public Charity headquartered in PITTSBURGH, PA. Financial data from the 2024 filing: $826K revenue, $979K expenses, $1.6M total assets. 3 publicly reported grants to this organization, totaling roughly $162K, appear in IRS filings.

EIN: 043587471 PITTSBURGH, PA Latest filing: 2024
Total Revenue$826K
Total Expenses$979K
Total Assets$1.6M
Grant Records3
Funding Total$162K
Filing Years2019–2024

Mission

TO FOSTER INNOVATION, NEW COMPANY CREATION AND JOB GROWTH IN THE WESTERN PENNSYLVANIA AREA.

Officers & Directors

DIRECTOR James C Stalder
DIRECTOR & CEO Michael M Matesic
DIRECTOR & SECRETARY Patrick B Stewart
DIRECTOR Richard Danforth
CHAIRMAN OF THE BOARD Richard K Riederer

Officer compensation and complete director data available with membership.

Top Grant Purposes

Long-term future fund
$100,000 1 grant
HEALTHY INDIVIDUALS AND COMMUNITIES
$51,500 1 grant
For grant recipient's exempt purposes
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $826K $979K $1.6M
2023 $354K $709K $1.7M
2022 $250K $595K $2.1M
2020 $1.6M $1.6M $3.1M
2019 $911K $1.5M $3.0M

Between 2019 and 2024, reported annual revenue declined from $911K to $826K (-9%), with total assets most recently reported at $1.6M.

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

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