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Convergence Institute is a private corporation based in AUSTIN, TX. The foundation received its IRS ruling in 2012. The principal officer is % Thomas Martin. It holds total assets of $2.4M. Annual income is reported at $306K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Convergence Institute has made 22 grants totaling $178K, with a median grant of $7K. Annual giving has grown from $20K in 2021 to $53K in 2023. Grantmaking activity was highest in 2022 with $105K distributed across 14 grants. Individual grants have ranged from $1K to $25K, with an average award of $8K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in New York, Georgia, California, which account for 50% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Convergence Institute primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in NY, GA, CA.
Convergence Institute has distributed a total of $178K across 22 grants. The median grant size is $7K, with an average of $8K. Individual grants have ranged from $1K to $25K.
Convergence Institute typically selects its grantees rather than accepting unsolicited proposals.
Convergence Institute is headquartered in AUSTIN, TX. While based in TX, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas B Martin | PRESIDENT | $0 | $0 | $0 |
| Mary Martin | SECRETARY | $0 | $0 | $0 |
| Thomas B Martin Iii | TREASURER | $0 | $0 | $0 |
Total Giving
$69K
Total Assets
$2.6M
Fair Market Value
$1.5M
Net Worth
$2.5M
Grants Paid
$53K
Contributions
$0
Net Investment Income
$79K
Distribution Amount
$40K
Total: $0
Total Grants
22
Total Giving
$178K
Average Grant
$8K
Median Grant
$7K
Unique Recipients
14
Most Common Grant
$13K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| UnboundTO SUPPORT ORGANIZATION'S MISSION. | Kansas City, KS | $15K | 2023 |
| Givedirectly IncTO SUPPORT ORGANIZATION'S MISSION. | New York, NY | $25K | 2023 |
| Catholic Relief ServicesTO SUPPORT ORGANIZATION'S MISSION. | Harlan, IA | $8K | 2023 |
| Helen Keller InternationalTO SUPPORT ORGANIZATION'S MISSION. | New York, NY | $4K | 2023 |
| Against Malaria FoundationTO SUPPORT ORGANIZATION'S MISSION. | Kansas City, MO |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| $1K |
| 2023 |
| Alliance For International Reforestation IncTO SUPPORT ORGANIZATION'S MISSION. | Atlanta, GA | $13K | 2022 |
| Brac UsaTO SUPPORT ORGANIZATION'S MISSION. | New York, NY | $9K | 2022 |
| Khan AcademyTO SUPPORT ORGANIZATION'S MISSION. | Mountain View, CA | $6K | 2022 |
| John Paul Ii Healing Center IncTO SUPPORT ORGANIZATION'S MISSION. | Tallahassee, FL | $5K | 2022 |
| Malaria Consortium UsTO SUPPORT ORGANIZATION'S MISSION. | Hermitage, PA | $4K | 2022 |
| Presbyterian Church Of Chestnut HillTO SUPPORT CHOIR. | Philadelphia, PA | $3K | 2022 |
| Rainforest TrustTO BENEFIT OTHER NONPROFIT ENTITIES | Warrenton, VA | $7K | 2021 |
| The Clear Fund Dba GivewellTO BENEFIT OTHER NONPROFIT ENTITIES | Oakland, CA | $7K | 2021 |
| Cicero ResearchTO BENEFIT OTHER NONPROFIT ENTITIES | Austin, TX | $7K | 2021 |
HOUSTON, TX
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