nonprofit logo

Center For Venture Education

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

EIN: 481249429 ✦ Austin, TX ✦ Designated as a 501(c)(3)

Overview

What is Center For Venture Education?

The Center for Venture Education is a nonprofit institution situated in Austin, Texas, with a postal address at 3207 Ranch Road 620 S 200. Its primary mission is to foster greater equity and diversity within the venture capital ecosystem through its educational programs and network. The organization recently selected 59 Kauffman Fellows from an applicant pool of 260, with approximately 46% of the class hailing from international backgrounds, including regions such as the Middle East, Latin America, Asia, and Europe. Due to the impact of COVID-19, the duration of the program has been extended beyond the initial two years, with 61 fellows set to graduate in November 2022, and additional cohorts in June 2023 and June 2024. The Center for Venture Education currently employs a team of 10 individuals dedicated to this purpose.


Official website here: www.kauffmanfellows.org

Is Center For Venture Education legitimate?

Center For Venture Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Venture Education 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: $872,524
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,158,453

For more financial information, click here


Official website here: www.kauffmanfellows.org

What is the mission statement of Center For Venture Education?

The Center for Venture Education is committed to promoting greater equity and diversity in the venture capital ecosystem. They achieve this goal through their education programs and networking initiatives. The organization's Kauffman Fellows Program has selected 59 new fellows from an applicant pool of 260. The new class is diverse, with a balanced representation from lifesciences, financial services, information technology, and general services. Moreover, approximately 46% of the class hails from international backgrounds, including the Middle East, Latin America, Asia, and Europe. Due to the impact of COVID-19, the program has been extended beyond its usual two years, with 61 fellows set to graduate in November 2022, 57 in June 2023, and 59 currently halfway through the program, set to graduate in June 2024.


Official website here: www.kauffmanfellows.org

Who is the CEO of Center For Venture Education?

Jeffrey Harbach is the Board Chair of Center For Venture Education. The CEO's salary of Center For Venture Education is $472,500 and their total compensation is $523,547.


Official website here: www.kauffmanfellows.org

What is the revenue of Center For Venture Education?

Center For Venture Education's revenue in 2022 was $8,050,151.


Official website here: www.kauffmanfellows.org

Who are the executives of Center For Venture Education and what are their salaries?

The average compensation at Center For Venture Education during 2022 was $203,098. There are 10 employees and 5 volunteers at Center For Venture Education.

Here are 13 key members and their salaries (Center For Venture Education's CEO's salary is $472,500 and their total compensation is $523,547):

    Jeffrey Harbach (Ceo)
  • Compensation: $472,500
  • Related: $0
  • Other: $51,047

    • Natasha Funk (Vp Recruiting)
  • Compensation: $256,700
  • Related: $0
  • Other: $39,663

    • Kirsten Owens (Chief Of Staff)
  • Compensation: $193,150
  • Related: $0
  • Other: $40,851

    • Jessica Slocum (Vp Of Program)
  • Compensation: $192,125
  • Related: $0
  • Other: $7,837

    • Lisa Doherty (Vp Of Finance)
  • Compensation: $146,261
  • Related: $0
  • Other: $29,564

    • Jacqueline Hughes (Director Of Events)
  • Compensation: $137,250
  • Related: $0
  • Other: $25,168

    • Ava Alemazkoor (Director Of Network)
  • Compensation: $123,075
  • Related: $0
  • Other: $9,952

    • Katherine Sarro (Director Of Marketing)
  • Compensation: $119,708
  • Related: $0
  • Other: $9,335

    • Susan Mason (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Kerr (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Richlen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allen Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marlon Nichols (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.kauffmanfellows.org

    Where can I find the form 990 for Center For Venture Education?

    The Center For Venture Education’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.kauffmanfellows.org

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

    Mission Statement of Center For Venture Education

    The Center for Venture Education is committed to promoting greater equity and diversity within the venture capital ecosystem. They achieve this goal through their education programs and network. The organization's mission is to foster a more inclusive venture capital landscape, ensuring that underrepresented individuals have the opportunity to thrive and make significant contributions to this sector.

    The Center for Venture Education has a robust education program, which is evident in their Kauffman Fellows Program. This program has selected 59 new Fellows, representing a diverse pool of applicants, including those from the lifesciences, financial services, information technology, and general services sectors. The current class is evenly distributed across these fields, with approximately 46% of the Fellows hailing from international backgrounds, such as the Middle East, Latin America, Asia, and Europe. Due to the impact of COVID-19, the program has been extended beyond its typical two-year duration. As a result, 61 Fellows are set to graduate in November 2022, with an additional 57 set to graduate in June 2023, and 59 currently halfway through the program, set to graduate in June 2024.

    In summary, the Center for Venture Education's mission is to uplift and empower underrepresented individuals in the venture capital ecosystem. By implementing education programs and fostering a network that encourages diversity, the organization aims to create a more inclusive and equitable space for all participants in this sector.

    Impact

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




    Saturday, July 20, 2024

    The Center For Venture Education is making a significant impact by striving to create greater equity and diversity in the venture capital ecosystem through its education programs and network. One of its flagship initiatives, the Kauffman Fellows Program, has selected 59 new fellows from a competitive applicant pool of 260 individuals. This new class is diverse, with a fairly even distribution across sectors such as life sciences, financial services, information technology, and general services.

    Notably, approximately 46% of the fellows in this class are international, representing regions like the Middle East, Latin America, Asia, and Europe. Despite challenges posed by the COVID-19 pandemic, the program has adapted by extending its duration beyond the usual two years. This strategic move ensures that fellows receive the necessary support and resources to successfully complete the program.

    With 61 fellows scheduled to graduate in November 2022, an additional 57 in June 2023, and 59 halfway through and set to graduate in June 2024, the Center For Venture Education is playing a vital role in shaping the future of venture capital by nurturing a diverse group of talented individuals.





    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: $3,392
  • Program Service Revenue: $7,235,104
  • Gross Receipts: $8,050,151

    • Assets and Liabilities:
  • Total Assets: $109,013,402
  • Total Liabilities: $5,735,222
  • Net Assets: $103,278,180
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION & APPLICATIONS

    Revenue

    $7,235,104

    Organization Details

    Founding Year

    2001

    Principal Officer

    Jeffrey Harbach

    Main Address

    3207 RANCH ROAD 620 S 200, AUSTIN, TX, 78738

    NTEE Category

    Code: B40 - Education

    If you are a representative of Center For Venture Education and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.