Public Charity

SLATER TECHNOLOGY FUND INC

SLATER TECHNOLOGY FUND INC is a Public Charity headquartered in PROVIDENCE, RI. Financial data from the 2025 filing: $2.9M revenue, $2.5M expenses, $15.3M total assets.

EIN: 061493673 PROVIDENCE, RI Physical & Earth Sciences NTEE: U30 Latest filing: 2025
Total Revenue$2.9M
Total Expenses$2.5M
Total Assets$15.3M
Grant Records0
Filing Years2021–2025

Mission

TO PROMOTE SCIENTIFIC RESEARCH AND DEVELOPMENT IN THE AREAS OF BIOMEDICAL AND INFORMATIONAL TECHNOLOGIES IN THE STATE OF RHODE ISLAND; AND TO SUPPORT JOB CREATION AND OTHER ECONOMIC ACTIVITY IN RHODE ISLAND BASED ON SUCH TECHNOLOGIES. SMALL BUSINESSES PLANNING TO FORM SUCH BUSINESSES, ARE ELIGIBLE TO APPLY FOR GRANT, EQUITY, AND LOAN AWARDS FROM THE FUND.

Where $100 goes at Slater Technology Fund Inc

How Slater Technology Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$92 Programs the work itself
$8 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 $92 for programs

$48
Venture support
52% of program spending
$32
Technology development loans
35% of program spending
$12
Equity investments in qualified companies
13% of program spending
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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.

Officers & Directors

DIRECTOR Alden Anderson Jr
DIRECTOR (AS OF 3/25) Bethany D Jenkins
DIRECTOR Christopher Graham Esq
CFO Christopher Mulvaney
DIRECTOR Donald L Stanford
DIRECTOR Jayne M Donegan Esq

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $2.9M $2.5M $15.3M
2024 $2.4M $2.8M $14.6M
2023 $818K $2.4M $14.2M
2022 $2.1M $2.7M $15.9M
2021 $8.0M $3.6M $16.4M

Between 2021 and 2025, reported annual revenue declined from $8.0M to $2.9M (-64%), with total assets most recently reported at $15.3M.

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

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