Overview
What is Unitary Fund?
Unitary Fund is a nonprofit organization based in San Francisco, California. Their primary focus is on fostering a quantum technology ecosystem that benefits the most people. They achieve this by expanding the pool of individuals working on quantum technologies, ensuring its equitable distribution. The organization operates through two main programs: Unitary Labs, where they undertake in-house projects to support the ecosystem, and a Microgrant Program. This program funds an inclusive global community, encouraging exploration in quantum technologies. The Unitary Fund awards microgrants annually to around 20 teams or individuals, with the grant applications being reviewed by an advisory board of volunteers. The organization currently employs seven individuals.
Official website here: www.unitary.fund
Is Unitary Fund legitimate?
Unitary Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Unitary Fund 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: $216,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $314,202
For more financial information, click here
Official website here: www.unitary.fund
What is the mission statement of Unitary Fund?
The Unitary Fund's mission statement revolves around creating a quantum technology ecosystem that benefits the largest number of people. They believe in expanding the pool of individuals working on quantum technologies to ensure swift and equitable distribution of its benefits. To achieve this, they primarily utilize two major programs: Unitary Labs, where they engage in in-house projects to support the ecosystem as a whole, and a microgrant program that funds an inclusive global community of quantum technology explorers.
Official website here: www.unitary.fund
Who is the CEO of Unitary Fund?
What is the revenue of Unitary Fund?
Who are the executives of Unitary Fund and what are their salaries?
The average compensation at Unitary Fund during 2022 was $75,815. There are 7 employees and 52 volunteers at Unitary Fund.
Here are 4 key members and their salaries:
- Nathan Shammah (Cto) [Trustee/Director]
- William Zeng (President) [Trustee/Director]
- Travis Scholten (Secretary) [Trustee/Director]
- Christophe Jurczak (Treasurer) [Trustee/Director]
Official website here: www.unitary.fund
Where can I find the form 990 for Unitary Fund?
The Unitary Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.unitary.fund
Learn more at the official website: www.unitary.fund
Mission Statement of Unitary Fund
Unitary Fund, a nonprofit organization, is dedicated to establishing a quantum technology ecosystem that benefits the largest number of people. They believe that expanding the pool of individuals working on quantum technologies is crucial to ensuring that the advantages of these tools are swiftly and equitably distributed. To achieve this mission, Unitary Fund primarily utilizes two major programs. Through Unitary Labs, they engage in in-house projects that contribute to the ecosystem as a whole. Additionally, their Microgrant Program funds an inclusive global community of explorers to work on quantum technologies. This approach allows Unitary Fund to contribute to the growth and development of quantum technology, ensuring that its benefits are accessible to a wide range of people.
Impact
This information is meant to be a general summary of Unitary Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Unitary Fund's impact is significant in creating a quantum technology ecosystem that benefits the most people. By awarding microgrants to individuals and organizations, approximately 20 teams/individuals per year are empowered to work on advancing quantum technologies. The grant applications are rigorously reviewed by an outside advisory board consisting of 15 volunteers, ensuring a fair and transparent selection process.
Unitary Fund, based in San Francisco, CA, is dedicated to expanding the pool of people working on quantum technologies. They believe that this approach is key to ensuring that the benefits of these tools are widely, swiftly, and equitably distributed. Through programs like Unitary Labs and the microgrant program, they support an inclusive community of explorers worldwide who are pushing the boundaries of quantum research and innovation.
In summary, Unitary Fund's impact is characterized by fostering collaboration, innovation, and diversity within the quantum technology field, ultimately driving progress that benefits society as a whole.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2018
Phone
(703) 980-4294
Principal Officer
William Zeng
Main Address
315 MONTGOMERY ST 10TH FLOOR, SAN FRANCISCO, CA, 94104
Website
www.unitary.fund
NTEE Category
Code: U12 - Science research
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