Public Charity

UNITARY FUND

UNITARY FUND is a nonprofit organization categorized as Public Charity based in SAN FRANCISCO, CA. Its most recent IRS filing (2024) reports revenue of $2.0M, expenses of $1.8M, total assets of $786K. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $420K.

EIN: 831592799 SAN FRANCISCO, CA Fund Raising & Fund Distribution NTEE: U12 Latest filing: 2024
Total Revenue$2.0M
Total Expenses$1.8M
Total Assets$786K
Grant Records6
Funding Total$420K
Filing Years2019–2024

Mission

TO CREATE A QUANTUM TECHNOLOGY ECOSYSTEM THAT BENEFITS THE MOST PEOPLE. WE BELIEVE THAT EXPANDING THE POOL OF PEOPLE WORKING ON QUANTUM TECHNOLOGIES IS A WAY TO ENSURE THAT THE BENEFITS OF THESE TOOLS ARE WIDELY, SWIFTLY, AND EQUITABLY DISTRIBUTED.TODAY, WE PRIMARILY USE TWO MAJOR PROGRAMS TO PURSUE THIS MISSION. THROUGH UNITARY LABS WE WORK ON IN-HOUSE PROJECTS THAT HELP THE ECOSYSTEM AS A WHOLE. THROUGH OUR MICROGRANT PROGRAM, WE FUND AN INCLUSIVE COMMUNITY OF EXPLORERS ACROSS THE WORLD TO WORK ON QUANTUM TECHNOLOGIES.

Where $100 goes at Unitary Fund

How Unitary Fund divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$86 Programs the work itself
$10 Management running the organization
$4 Fundraising raising the next dollar

Inside the $86 for programs

$37
Other program services included q4bio, a new project started in 2023, as well as community programs, which comprise of smaller, mission aligned programs occuring throughout the year
43% of program spending
$22
Unitary Fund developed mitiq, an open source quantum toolkit to mitigate errors on current noisy quantum computers
26% of program spending
$14
Unitary Fund awarded microgrants to individuals & organizations consisting of approximately 20 teams/individuals per year
16% of program spending · Reported in the filing: 20 teams; 15 volunteers

Plus 1 more program. 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 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Anastasia Gamick
TREASURER Christophe Jurczak
BOARD MEMBER Elizabeth Durst
CTO Nathan Shammah
SECRETARY Travis Scholten
PRESIDENT William Zeng

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$45,000 2 grants
Unspecified
$375,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.0M $1.8M $786K
2023 $1.5M $1.4M $666K
2022 $835K $904K $536K
2020 $519K $427K $377K
2019 $96K $54K $271K

Between 2019 and 2024, reported annual revenue grew from $96K to $2.0M (+1987%), with total assets most recently reported at $786K.

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

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