Public Charity

THE VENTURE CAPITAL FOUNDATION

THE VENTURE CAPITAL FOUNDATION, of WASHINGTON, DC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.3M in revenue, $1.5M in expenses, $8.0M in total assets. 25 publicly reported grants to this organization, totaling roughly $2.1M, appear in IRS filings.

EIN: 474114024 WASHINGTON, DC Latest filing: 2024
Total Revenue$1.3M
Total Expenses$1.5M
Total Assets$8.0M
Grant Records25
Funding Total$2.1M
Filing Years2019–2024

Mission

VENTURE FORWARD IS A NON-PROFIT FOUNDATION WITH A MISSION TO DEMOCRATIZE ACCESS TO THE VC INDUSTRY, EMPOWER INDIVIDUALS FROM ALL BACKGROUNDS AND GEOGRAPHIES TO THRIVE AS INVESTORS, AND EQUIP FUTURE VC LEADERS WITH THE TOOLS FOR LONG-TERM SUCCESS. WE SUPPORT EMERGING FUND MANAGERS AND INVESTORS BY PROVIDING EDUCATION, MENTORSHIP, AND RESOURCES TO ADVANCE THEIR CAREERS. WE ARE COMMITTED TO DRIVING HEALTHY AND SUSTAINABLE GENERATIONAL CHANGE WITHIN ESTABLISHED VC FIRMS, ENSURING STRONG INDUSTRY STEWARDSHIP FOR THE FUTURE. THROUGH THESE EFFORTS, WE ENVISION A VC INDUSTRY THAT REACHES ALL COMMUNITIES ACROSS THE COUNTRY, UNLOCKING GREATER INNOVATION, ECONOMIC IMPACT, AND FINANCIAL RETURNS.

Sample Grants Received

2024
PUBLIC, SOCIETAL BENEFIT
$56,555
2024
For grant recipient's exempt purposes
$46,500
2024
UNRESTRICTED GENERAL SUPPORT
$5,000
$60,000
2023
For grant recipient's exempt purposes
$49,500

Showing up to 5 of 25 total records — full history available with membership.

Officers & Directors

DIRECTOR Barry Eggers
DIRECTOR Candice Morgan
DIRECTOR (TO MAY '24) Charles Hudson
DIRECTOR Courtney Mccrea
DIRECTOR Ellie Wheeler
DIRECTOR Elliott Robinson

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$885,200 8 grants
PUBLIC, SOCIETAL BENEFIT
$534,055 7 grants
PROGRAM SUPPORT
$250,000 1 grant
Community Development
$200,000 1 grant
COMMUNITY & HUMAN SERVICES
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.3M $1.5M $8.0M
2023 $1.7M $1.2M $7.7M
2022 $1.2M $887K $6.8M
2020 $2.7M $538K $5.9M
2019 $3.1M $105K $3.6M

Between 2019 and 2024, reported annual revenue declined from $3.1M to $1.3M (-59%), with total assets most recently reported at $8.0M.

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

See the full picture for THE VENTURE CAPITAL FOUNDATION

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