REDWOOD CITY, CA
Hbcu Founders Initiative
Quick Facts
- EIN
- 86-3846215
- Location
- REDWOOD CITY, CA
- Category
- Community Development
- NTEE Code
- S43
- Total Assets
- $204K
- Annual Income
- $1.9M
- Annual Revenue
- $1.9M
- IRS Ruling Year
- 2021
- Tax Subsection
- 501(c)(03)
About This Organization
Hbcu Founders Initiative is a nonprofit organization based in REDWOOD CITY, CA. It received its IRS tax-exempt ruling in 2021. The organization is classified under IRC Section 501(c)(03). It operates in the area of community development. Total assets are reported at $204K. Annual income is $1.9M. The organization has received $155K in foundation grants from 2 funders.
Grants Received from Foundations
Foundation grants awarded to Hbcu Founders Initiative, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Walton Family Foundation Inc. | $150K | 2024 | To support students in their entrepreneurial journey by encouraging them to pursue technology solutions that close the racial wealth gap in the areas of healthcare, education, and financial literacy services. |
| Michelson 20mm Foundation Inc. | $5K | 2023 | Intellectual Property Education/Support |
Frequently Asked Questions
What does Hbcu Founders Initiative do?
Hbcu Founders Initiative is a nonprofit organization focused on community development, based in REDWOOD CITY, CA. It is classified under IRC Section 501(c)(03).
Who funds Hbcu Founders Initiative?
Hbcu Founders Initiative has received foundation grants from Walton Family Foundation Inc., Michelson 20mm Foundation Inc..
What is Hbcu Founders Initiative's annual revenue?
Hbcu Founders Initiative reports total assets of $204K. Annual income is $1.9M.
Where is Hbcu Founders Initiative located?
Hbcu Founders Initiative is located in REDWOOD CITY, CA.
Is Hbcu Founders Initiative a 501(c)(3)?
Yes, Hbcu Founders Initiative is a 501(c)(3) tax-exempt organization. Its EIN is 86-3846215. Donations to this organization may be tax-deductible.
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