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Beneficent Technology Inc

Benetech

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

EIN: 770555413 ✦ Palo alto, CA ✦ Designated as a 501(c)(3)

Overview

What is Beneficent Technology Inc?

Beneficent Technology Inc, also known as Benetech, is a nonprofit organization located in Palo Alto, California, dedicated to making education content accessible for learners with different abilities. With over 20 years of experience, Benetech is the developer of Bookshare, the world's largest service for accessible educational materials. Through initiatives like Bookshare and the Global Certified Accessible (GCA) program, Benetech ensures that learners can access educational content in formats that cater to their specific needs. The organization's platform offers over 20 million e-books and materials, accessible through the browser, mobile application, or assistive technology. Benetech's ultimate goal is to enhance literacy and foster a love for lifelong learning. The organization is expanding its impact on equity in education by collaborating with community-based organizations, schools, and districts to provide necessary resources. Benetech serves learners in over 90 countries and supports schools for digital transformation to embrace inclusive education. By providing capacity building services for inclusive education and education for students with disabilities, particularly in low and middle-income countries, Benetech is dramatically improving education equity in partnership with the communities it serves.


Official website here: www.benetech.org

Is Beneficent Technology Inc legitimate?

Beneficent Technology Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beneficent Technology 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: $2,432,092
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,636,484

For more financial information, click here


Official website here: www.benetech.org

What is the mission statement of Beneficent Technology Inc?

Beneficent Technology Inc, a non-profit organization, is dedicated to empowering communities by providing software for social good. Through its technology, programs, and services, Benetech significantly improves education equity for historically underserved students who learn differently. The organization has been delivering inclusive learning solutions for over 20 years, including the world's largest accessible education materials service, Bookshare. Benetech's initiatives, like Bookshare and the Global Certified Accessible (GCA) program, make educational content accessible to learners in various formats. Their goal is to improve literacy and foster a love for life-long learning. Benetech continues to innovate, making STEM education accessible and equitable for all learners. The organization collaborates closely with community-based organizations, schools, and districts to identify and support students who need it most. Benetech serves learners in over 90 countries, providing capacity building services for inclusive education and education for students with disabilities, particularly in low and middle income countries.


Official website here: www.benetech.org

Who is the CEO of Beneficent Technology Inc?

Ayan Kishore is the Director of Beneficent Technology Inc. The CEO's salary of Beneficent Technology Inc is $285,352 and their total compensation is $326,023.


Official website here: www.benetech.org

What is the revenue of Beneficent Technology Inc?

Beneficent Technology Inc's revenue in 2022 was $16,107,648.


Official website here: www.benetech.org

Who are the executives of Beneficent Technology Inc and what are their salaries?

The average compensation at Beneficent Technology Inc during 2022 was $74,024. There are 109 employees and 39 volunteers at Beneficent Technology Inc.

Here are 25 key members and their salaries (Beneficent Technology Inc's CEO's salary is $285,352 and their total compensation is $326,023):

    Ayan Kishore (Ceo)
  • Compensation: $320,000
  • Related: $0
  • Other: $6,768

    • James R Fruchterman (Ceo - Tech Matters) [Trustee/Director]
  • Compensation: $285,352
  • Related: $0
  • Other: $40,671

    • John Brugge (Engineer Manager)
  • Compensation: $168,761
  • Related: $0
  • Other: $51,867

    • Charles Lapierre (Principal Accessibility)
  • Compensation: $178,396
  • Related: $0
  • Other: $36,793

    • Lisa Wadors Verne (Vp Programs)
  • Compensation: $168,814
  • Related: $0
  • Other: $38,924

    • Michael Johnson (Vp Content)
  • Compensation: $169,904
  • Related: $0
  • Other: $37,574

    • Aaron Firestone (Vp Data Insights)
  • Compensation: $167,633
  • Related: $0
  • Other: $29,283

    • Joel Riciputi (Cbo)
  • Compensation: $191,837
  • Related: $0
  • Other: $4,490

    • Paul Schreiber (Director Of Engineering - Terraso)
  • Compensation: $167,342
  • Related: $0
  • Other: $13,091

    • Brownell Jocob A (Senior Engineer)
  • Compensation: $166,013
  • Related: $0
  • Other: $12,120

    • Ronald K Ellis Iii (Senior Engineer)
  • Compensation: $166,766
  • Related: $0
  • Other: $11,001

    • Hurlburt Nicholas R (Director Of Engineering - Aselo)
  • Compensation: $164,177
  • Related: $0
  • Other: $12,646

    • David Murphy (Director Of Engineering)
  • Compensation: $147,735
  • Related: $0
  • Other: $27,481

    • Anderson Paul (Senior Engineer)
  • Compensation: $154,408
  • Related: $0
  • Other: $13,434

    • Hu Jenny (It Manager)
  • Compensation: $148,601
  • Related: $0
  • Other: $16,287

    • Kennedy Blake L (Senior Engineer)
  • Compensation: $152,232
  • Related: $0
  • Other: $11,903

    • Christy Remey Chin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerardo Capiel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theresa Fay-Bustillos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yoko Nakao (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hema Sundarraj (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine Schneider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tamara Rorie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • June Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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


  • Official website here: www.benetech.org

    Where can I find the form 990 for Beneficent Technology Inc?

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


    Official website here: www.benetech.org

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

    Mission Statement of Beneficent Technology Inc

    Beneficent Technology Inc, a renowned nonprofit organization, is dramatically enhancing education equity through its software and initiatives. With a strong belief that accessible education is essential for all learners, Benefictech has been delivering inclusive learning solutions for over two decades. The pioneer of Bookshare, the world's largest service for accessible education materials, is transforming how educational content is made available.

    Benefictech's primary goal is to improve literacy and instill a love for lifelong learning among historically underserved students - one in five learners who learn differently. Through Bookshare and its Global Certified Accessible (GCA) program, the organization provides over 20 million e-books and materials to over 1.5 million learners, enabling them to read in formats that best suit their needs. The accessible technology, including audio, typography manipulation, and word highlights, caters to diverse learning styles and abilities.

    Benefictech not only provides accessible content but also invests in community engagement and capacity building. It works closely with community-based organizations, schools, districts, and more, to identify and support students and those serving them. The organization is expanding its local outreach programs in urban and rural communities in need, such as Atlanta, Albuquerque, Detroit, Las Vegas, and Memphis, and is building a model for place-based change to close learning gaps.

    Benefictech's impact extends beyond borders, serving learners in over 90 countries directly or through partners. The organization also offers capacity building services for inclusive education and education for students with disabilities in low and middle-income countries. By supporting schools for digital transformation, Benefictech empowers educators to effectively use accessible content and technology, fostering inclusive education and digital literacy.

    Impact

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




    Thursday, August 15, 2024

    Beneficent Technology Inc, through its initiatives like Bookshare and the Global Certified Accessible program, is making a significant impact on education accessibility globally. By providing inclusive learning solutions and accessible education materials, Beneficent Technology Inc is empowering communities, especially those historically underserved, to improve literacy and foster a lifelong love for learning. Additionally, by working closely with community-based organizations and schools, Beneficent Technology Inc is actively closing learning gaps and promoting equity in education both domestically and internationally. Their efforts in providing capacity building services for inclusive education are making a tangible difference in the lives of over 1.5 million learners in more than 90 countries. They are truly driving system change in the publishing industry and transforming how educational content is made accessible, ensuring that all learners have the opportunity to thrive.





    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: $10,716
  • Program Service Revenue: $1,195,963
  • Gross Receipts: $16,107,648

    • Assets and Liabilities:
  • Total Assets: $6,571,567
  • Total Liabilities: $2,381,195
  • Net Assets: $4,190,372
  • Programs

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

    GLOBAL LITERACY

    Revenue

    $1,018,498

    TECH MATTERS

    Revenue

    $177,465

    Organization Details

    Founding Year

    2000

    Principal Officer

    Ayan Kishore

    Main Address

    3790 EL CAMINO REAL 1072, PALO ALTO, CA, 94306

    NTEE Category

    Code: P82 - Human services

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