National Collegiate Inventors &

Hadley, MA, 01035 (413) 587-2172 Est. 2007 EIN 42-1727335
B12 - Fund Raising & Fund Distribution 990 - Public charity return 501(c)(3)
www.venturewell.org

Mission

VentureWell is on a mission to cultivate a pipeline inventors, innovators, and entrepreneurs driven to solve the world's biggest challenges and to create lasting impact. We foster collaboration among the best minds from research labs, classrooms, and beyond to advance innovation and entrepreneurship education and to provide unique opportunities for stem students and researchers to fully realize their potential to improve the world.

Giving Portfolio

Total Grants
625
Total Giving
$51.5M
Recipients
618
Years Active
2017 - 2024
Avg grant: $101,349 Median: $25,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202469$38.4M $556K4128
202350$1.9M $37K1931
202271$1.8M $25K3237
202154$1.6M $29K1439
2020140$3.0M $21K8554
2019140$2.9M $21K10038
2017101$2.0M $20K1000

Sectors Funded

Education
199
Health Care
19
Community Improvement
11
Science & Technology
9
Recreation & Sports
6
Philanthropy & Grantmaking
4
Medical Research
3
Youth Development
3
and 5 more sectors

Top States

California
102
Massachusetts
61
New York
39
Texas
38
Pennsylvania
35
North Carolina
33
Maryland
22
Illinois
21
and 39 more states

Grantee Size Profile

Over $50M
193
$10M - $50M
27
$1M - $5M
13
$500K - $1M
4
$5M - $10M
3
$100K - $500K
1
Under $100K
1

Top Grantees

Page 1 of 3
Gameto Inc
TX
$4.0M
Aspira Women's Health Inc
TX
$3.5M
Dar Bioscience Inc
CA
$3.5M
University of Iowa
IA
$3.1M
Fieldbook Studio LLC
IN
$2.3M
Ancilia Biosciences Inc
NY
$1.7M
Celmatix Inc
NY
$1.6M
Nura Health Inc
CA
$1.4M

Grants Awarded · 310 grants

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Financials

Total Revenue
$106,240,932
Total Expenses
$105,304,649
Net Assets
$36,360,588
191 employees 15 volunteers
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
4.1 months Adequate
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 8.9%
Expenses ↓ 5.0%
Revenue Sources
Contributions 6.2% Earned revenue 92.0% Investment 1.8%
Expense Breakdown
Program 88.0% Management 11.5% Fundraising 0.6%

Officers & Trustees (23)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jul 1, 2024 to Jun 30, 2025
$106,240,932 ↓$105,304,649$36,360,588
2023 990 - Public charity return
Jul 1, 2023 to Jun 30, 2024
$116,586,489 ↑$110,811,872$33,978,310
2022 990 - Public charity return
Jul 1, 2022 to Jun 30, 2023
$93,331,215 ↑$89,870,589$27,929,924
2021 990 - Public charity return
Jul 1, 2021 to Jun 30, 2022
$81,594,297 ↑$72,236,568$24,286,974
2020 990 - Public charity return
Jul 1, 2020 to Jun 30, 2021
$45,805,073 ↑$38,677,558$15,498,378
2019 990 - Public charity return
Jul 1, 2019 to Jun 30, 2020
$18,810,638 ↑$16,234,365$8,150,424
2017 990 - Public charity return
Jul 1, 2017 to Jun 30, 2018
$13,606,766 $13,341,879$5,017,927

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EIN: 42-1727335 · Source: IRS Form 990 e-file data