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Techfoundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043547092 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

Overview

What is Techfoundation Inc?

Techfoundation Inc, based in Cambridge, Massachusetts, is a nonprofit organization dedicated to supporting other nonprofits in fulfilling their missions. They accomplish this through their Techgrants program, which provides both restricted and unrestricted grants to help nonprofits meet their technology needs. In 2022, they distributed 3 grants, 16 Buechner awards, and 19 stipends. The organization's mission is to deliver technology, expertise, and capital to enable nonprofits to harness the power of information technology to serve humanity. They operate in a manner that catalyzes support for technology at nonprofits, either directly or through local community foundations and donor-advised funds.


Official website here: www.techfoundation.org

Is Techfoundation Inc legitimate?

Techfoundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Techfoundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.techfoundation.org

What is the mission statement of Techfoundation Inc?

Techfoundation Inc's mission is centered around utilizing technology, expertise, and capital to empower nonprofit organizations. Their goal is to help these organizations harness the potential of information technology to serve humanity more effectively. The organization accomplishes this by providing grants through its Techgrants program, which offers nonprofits access to capital and assists them in fulfilling their technology needs, thereby enabling them to achieve their respective missions. In 2022, Techfoundation Inc distributed 3 grants, 16 Buechner Awards, and 19 stipends to support technology initiatives at various nonprofits.


Official website here: www.techfoundation.org

Who is the CEO of Techfoundation Inc?

David Altshuler is the Director of Techfoundation Inc.


Official website here: www.techfoundation.org

What is the revenue of Techfoundation Inc?

Techfoundation Inc's revenue in 2022 was $561,353.


Official website here: www.techfoundation.org

Who are the executives of Techfoundation Inc and what are their salaries?

Here are 3 key members and their salaries:

    Brian Allain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Altshuler (Chief Exec.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexander Webb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.techfoundation.org

    Where can I find the form 990 for Techfoundation Inc?

    The Techfoundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.techfoundation.org

    Learn more at the official website: www.techfoundation.org

    Mission Statement of Techfoundation Inc

    TechFoundation Inc, an organization dedicated to serving humanity, delivers technology, expertise, and capital to empower nonprofit organizations. Their mission is to assist these nonprofits in harnessing the power of information technology, enabling them to effectively carry out their missions. TechFoundation Inc accomplishes this through their TechGrants program, which provides nonprofits with access to capital to meet their technology needs and further their objectives. In 2022, the organization distributed three grants, 16 Buechner Awards, and 19 stipends to support technology at nonprofits, either directly or through local community foundations and donor-advised funds.

    Impact

    This information is meant to be a general summary of Techfoundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Techfoundation Inc's impact lies in its ability to deliver technology, expertise, and capital to Techfoundation Inc organizations, enabling them to harness the power of information technology to serve humanity. Through initiatives like TechGrants, the organization provides grants in the form of restricted or unrestricted funds directly to Techfoundation Incs or indirectly through local community foundations and donor-advised funds. In 2022 alone, Techfoundation Inc distributed 3 grants, 16 Buechner Awards, and 19 stipends, catalyzing support for technology in Techfoundation Inc organizations. By fulfilling technology needs and helping Techfoundation Inc organizations achieve their missions, Techfoundation Inc plays a crucial role in advancing philanthropy and enabling positive change through technology.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $561,353

    • Assets and Liabilities:
  • Total Assets: $1,245,369
  • Total Liabilities: $6,142
  • Net Assets: $1,239,227
  • Organization Details

    Founding Year

    2001

    Principal Officer

    David Altshuler

    Main Address

    PO BOX 381348, CAMBRIDGE, MA, 022381348

    NTEE Category

    Code: T30 - Philanthropy

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