Civic Intelligence

Secondmuse Foundation

990 • Fiscal year 2023 • EIN 84-2181021

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 23, 2024

401 Ash St Suite BLake Oswego, OR 97034

(514) 806-8023

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.23x

Higher debt load relative to assets than 70% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

67th percentile

0.23x

Higher debt load relative to revenue than 67% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

8th percentile

-46%

Higher net margin than 8% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

3rd percentile

-37%

Faster asset growth than 3% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

19th percentile

-17%

Faster revenue growth than 19% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$4,645,845

Down $2,765,642 (-37%) from 2022

Net Assets

Down

$3,558,893

Down $2,186,455 (-38%) from 2022

Liabilities

Down

$1,086,952

Down $579,187 (-35%) from 2022

Revenue

Down

$4,771,822

Down $955,301 (-17%) from 2022

Expenses

Up

$6,958,277

Up $280,253 (+4.2%) from 2022

Net Income

Down

-$2,186,455

Down $1,235,554 (-130%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2019: $1,679,481Liabilities 2019: $358,233Net Assets 2019: $1,321,2482019Assets 2020: $2,254,621Liabilities 2020: $769,125Net Assets 2020: $1,485,4962020Assets 2021: $7,771,916Liabilities 2021: $1,075,667Net Assets 2021: $6,696,2492021Assets 2022: $7,411,487Liabilities 2022: $1,666,139Net Assets 2022: $5,745,3482022Assets 2023: $4,645,845Liabilities 2023: $1,086,952Net Assets 2023: $3,558,8932023Assets 2024: $787,831Liabilities 2024: $442,687Net Assets 2024: $345,1442024

Highlighted filing

2023

Assets$4,645,845
Liabilities$1,086,952
Net Assets$3,558,893

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2019: $1,699,029Expenses 2019: $377,781Net Income 2019: $1,321,2482019Revenue 2020: $2,298,432Expenses 2020: $2,134,184Net Income 2020: $164,2482020Revenue 2021: $9,612,757Expenses 2021: $4,387,004Net Income 2021: $5,225,7532021Revenue 2022: $5,727,123Expenses 2022: $6,678,024Net Income 2022: -$950,9012022Revenue 2023: $4,771,822Expenses 2023: $6,958,277Net Income 2023: -$2,186,4552023Revenue 2024: $940,902Expenses 2024: $4,154,651Net Income 2024: -$3,213,7492024

Highlighted filing

2023

Revenue$4,771,822
Expenses$6,958,277
Net Income-$2,186,455
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 23, 2024
Return Version
2023v5.0
Gross Receipts
$4,771,822
Mission and Program Overview

Mission

The stated mission of secondmuse foundation is to foster and develop diverse, participatory innovation communities that incubate solutions to social, economic and environmental issues; including through public education, facilitating the ability of private, commercial actors, entrepreneurs and governments to generate shared visions and take collective action in advancing solutions that address environmental issues and local economies, and incubating and funding programs and solutions that advance social, environmental and/or economic justice. It will also generate, codify, and publish learnings and insights and facilitate broader discourse to catalyze community development on a larger scale.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$838,925$2,406,730▲ $1,567,805
Savings and Temporary Cash Investments$6,430,546$2,238,715▼ $4,191,831
Pledges and Grants Receivable$141,600--
Prepaid Expenses and Deferred Charges$416--
Other Notes and Loans Receivable, Net-$400-
Total Assets$7,411,487$4,645,845▼ $2,765,642
Liabilities
Accounts Payable and Accrued Expenses$1,666,139$1,086,952▼ $579,187
Total Liabilities$1,666,139$1,086,952▼ $579,187
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,318,198$2,162,101▼ $2,156,097
Net Assets Without Donor Restrictions$1,427,150$1,396,792▼ $30,358
Total Net Assets Fund Balance$5,745,348$3,558,893▼ $2,186,455
Total Liabilities and Net Assets / Fund Balance$7,411,487$4,645,845▼ $2,765,642
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nicole McdonaldPresident
Anthony JewettDirector
Sarah OwenDirector
Todd KhozeinDirector
Erica BarbosaTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Secondmuse LLCConsultingPO BOX 582, Bernalillo, NM 87004$3,086,789
Revenue and Support

Revenue Composition

Contributions and Grants
$4,651,957
Program Service Revenue
$0
Investment Income
$119,865
Other Revenue
$0
All Other Contributions
$4,651,957
Change in Net Assets
$-2,186,455

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,771,822
Total Revenue per Audited Statements
$4,771,822
Total Revenue per Form 990
$4,771,822
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,788,854
Salaries, Compensation, and Employee Benefits$1,395,698
Grants and Similar Amounts Paid$773,725
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$3,533,910$818,392-$4,352,302
Other Salaries and Wages$1,007,322$232,811-$1,240,133
Grants to Domestic Orgs$505,500--$505,500
Foreign Grants$268,225--$268,225
Travel$137,929$3,177-$141,106
Payroll Taxes$83,075$19,200-$102,275
Office Expenses$95,986$898-$96,884
Information Technology$45,861$18,916-$64,777
Other Employee Benefits$43,286$10,004-$53,290
Occupancy$38,976--$38,976
Other Expenses$21,559$15,102-$36,661
Fees for Services Accounting-$20,175-$20,175
Conferences and Meetings$13,288$3,111-$16,399
Advertising$16,137--$16,137
Insurance$55$5,382-$5,437
Total Functional Expenses$5,811,109$1,147,168$0$6,958,277

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,958,277
Total Expenses per Audited Statements$6,958,277
Total Expenses per Form 990$6,958,277
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Miami FoundationMiami, FL501c3Philanthrophy$211,500
Black Tech StreetTulsa, OK501c3Minorities in Tech$142,000
University of ChicagoChicago, IL-Philanthropy$50,000
Chicago Innovation FoundationChicago, IL501c3Technology / Innovat$20,000
Out in Tech IncNew York, NY-Minorities in Tech$20,000
Chicago Blend GroupChicago, IL501 C3Diversity in Vc$15,000
Depaul UniversityChicago, IL501 C3Education$15,000
Black Meta AgencyWashington, DC501 C3Minorities in Tech$10,000
Latinas in TechMoraga, CA501 C3Minorities in Tech$10,000
P33Chicago, IL501 C3Support Entrepreneur$10,000

International Summary

Spending
$268,225

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
ThailandProgramEnvironmental--$268,225
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Secondmuse llc secondmuse llc member member co-owners secondmuse llc secondmuse llc member member co-owners secondmuse llc secondmuse llc member member co-owners secondmuse llc secondmuse llc member member co-owners

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by management and selected members of the board of directors prior to acceptance and submission to the irs.

Form 990, Page 6, Part VI, Line 12C

Directors, officers and key employees are required to disclose interests that could give rise to conflicts at least annually. The annual disclosure form appended to the end of these board governance policies, shall be completed and submitted by each officer and director at the first secondmuse foundation meeting of the calendar year of the board of directors, and maintained in the permanent corporate records.

Form 990, Page 6, Part VI, Line 15A

The board of directors shall oversee the setting of executive compensation and shall (1) determine compensation of all directors, top management officials, officers and key employees,and (2) review, assess and approve the reasonableness of such compensation on a regular basis. In order to be approved as reasonable, compensation must be an amount that would ordinarily be paid for comparable work by similarly situated organizations under like circumstances.

Form 990, Page 6, Part VI, Line 15B

The board of directors shall oversee the setting of executive compensation and shall (1) determine compensation of all directors, top management officials, officers and key employees,and (2) review, assess and approve the reasonableness of such compensation on a regular basis. In order to be approved as reasonable, compensation must be an amount that would ordinarily be paid for comparable work by similarly situated organizations under like circumstances.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon written request and on the secondmuse foundation website.

Filing and Contact Details

Filer

Filer Name
Secondmuse Foundation
EIN
84-2181021
Phone
5148068023
Address
401 ASH ST SUITE B, LAKE OSWEGO, OR 97034

Signing Officer

Name
Erica Barbosa
Title
Treasurer
Phone
9524869062
Signed
2024-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole Mcdonald
Formed
2019
Legal Domicile
De
Voting Board Members
6
Independent Board Members
4
Employees
15

Preparer

Firm
Waters & Company LLC
Address
3311 CANDELARIA NE SUITE J, ALBUQUERQUE, NM 87107-1952
Preparer
Ollie D Waters
Phone
5052600616
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The stated mission of secondmuse foundation is to foster and develop diverse, participatory innovation communities that incubate solutions to social, economic and environmental issues; including through public education, facilitating the ability of private, commercial actors, entrepreneurs and governments to generate shared visions and take collective action in advancing solutions that address environmental issues and local economies, and incubating and funding programs and solutions that advance social, environmental and/or economic justice. It will also generate, codify, and publish learnings and insights and facilitate broader discourse to catalyze community development on a larger scale.

Form 990, Page 2, Part III, Line 4A

The secondmuse foundations accomplishments both through direct implementation and fiscal sponsorship of programs, have significantly contributed to enhancing the well-being of both people and the planet. In 2023, we continued implementing our flagship program, get (gender equity in tech) cities, to radically increase equity in tech. In that, we invested 1m in five of the tech equity working group pilots as they transitioned into new local host organizations, released ground-breaking reports and published various articles, hosted a total of 98 events and more than 2,000 ecosystem conversations through thought-provoking conferences and engaging panels and workshops. This program will be concluded in 2024. In addition, the foundation has also fiscally sponsored 5 projects. The inclusive capital collective (icc) was implemented from 2021 concluding in 2023 with the aim to develop catalytic capital instruments to accelerate and amplify the work of its members. It was possible to build a digital infrastructure & software engineering, create finance facility and a regranting facility, host virtual showcases, labs, other informational events, published case studies and articles and most importantly, create a self-sustaining business model for the icc to spin out in 2024. The incubation network (tin) started in 2019 and concluded in 2023 with the objective to create new resilient waste systems by developing, promoting and investing in technologies, business models and entrepreneurs focused on ocean plastic pollution mitigation and the creation of more circular economies in south and southeast asia. Regenerative monterey was a new initiative funded by 14 donors focused on building regenerative and climate positive economic development in monterey, ca, showcasing the potential for boosting montereys economy through sustainable, fair, and diverse ways in tourism, agriculture, building/construction trades, and marine industries. The future economy lab asia, focused on innovating how we create financial mechanisms and collaborative strategies across regions, impact sectors, and communities around the world. The secondmuse foundation sponsored a grant from the visa foundation, to design programs that address barriers faced by gender-smart, climate-positive businesses in accessing capital in south and southeast asia. The foundation has been supporting and sponsoring black tech street (bts) since its inception. In 2023, it hosted def con 31 in collaboration with the white house and many other organizations. It was named part of the national cyber workforce and education strategy and the founder and executive director, tyrance billingsley ii, testified at the congressional black caucus and u.s. Senate committee on the ai and the future of work. In addition, bts created a long-term alliance between microsoft and the greenwood community for the digital transformation of black wall street to train 1000 black tech professionals. It will continue implementation in 2024.

Form 990, Part IX, Line 11G

Contractors 2,152,440 492,792 0 other professional 1,381,470 325,600 0 total 3,533,910 818,392 0

Financial Statement Notes

Schedule D, Page 3, Part X

Secondmuse foundation annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the organization takes meet the definition of an uncertain tax position under the income taxes topic of the financial accounting standards codification. As of december 31, 2023, there were no uncertain tax positions noted. Secondmuse foundation's' policy is to classify income tax penalties and interest, when applicable, according to their natural classification. Under the statute of limitations, secondmuse foundation's tax returns are no longer subject to examination by tax authorities for years prior to 2020.

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IRS990/ActivityOrMissionDesc0THE STATED MISSION OF SECONDMUSE FOUNDATION IS TO FOSTER AND DEVELOP DIVERSE, PARTICIPATORY INNOVATION COMMUNITIES THAT INCUBATE SOLUTIONS TO SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES; INCLUDING THROUGH PUBLIC EDUCATION, FACILITATING THE ABILITY OF PRIVATE, COMMERCIAL ACTORS, ENTREPRENEURS AND GOVERNMENTS TO GENERATE SHARED VISIONS AND TAKE COLLECTIVE ACTION IN ADVANCING SOLUTIONS THAT ADDRESS ENVIRONMENTAL ISSUES AND LOCAL ECONOMIES, AND INCUBATING AND FUNDING PROGRAMS AND SOLUTIONS THAT ADVANCE SOCIAL, ENVIRONMENTAL AND/OR ECONOMIC JUSTICE. IT WILL ALSO GENERATE, CODIFY, AND PUBLISH LEARNINGS AND INSIGHTS AND FACILITATE BROADER DISCOURSE TO CATALYZE COMMUNITY DEVELOPMENT ON A LARGER SCALE.
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IRS990/Desc0THE SECONDMUSE FOUNDATIONS ACCOMPLISHMENTS BOTH THROUGH DIRECT IMPLEMENTATION AND FISCAL SPONSORSHIP OF PROGRAMS, HAVE SIGNIFICANTLY CONTRIBUTED TO ENHANCING THE WELL-BEING OF BOTH PEOPLE AND THE PLANET. IN 2023, WE CONTINUED IMPLEMENTING OUR FLAGSHIP PROGRAM, GET (GENDER EQUITY IN TECH) CITIES, TO RADICALLY INCREASE EQUITY IN TECH. IN THAT, WE INVESTED 1M IN FIVE OF THE TECH EQUITY WORKING GROUP PILOTS AS THEY TRANSITIONED INTO NEW LOCAL HOST ORGANIZATIONS, RELEASED GROUND-BREAKING REPORTS AND PUBLISHED VARIOUS ARTICLES, HOSTED A TOTAL OF 98 EVENTS AND MORE THAN 2,000 ECOSYSTEM CONVERSATIONS THROUGH THOUGHT-PROVOKING CONFERENCES AND ENGAGING PANELS AND WORKSHOPS. THIS PROGRAM WILL BE CONCLUDED IN 2024. IN ADDITION, THE FOUNDATION HAS ALSO FISCALLY SPONSORED 5 PROJECTS. THE INCLUSIVE CAPITAL COLLECTIVE (ICC) WAS IMPLEMENTED FROM 2021 CONCLUDING IN 2023 WITH THE AIM TO DEVELOP CATALYTIC CAPITAL INSTRUMENTS TO ACCELERATE AND AMPLIFY THE WORK OF ITS MEMBERS. IT WAS POSSIBLE TO BUILD A DIGITAL INFRASTRUCTURE & SOFTWARE ENGINEERING, CREATE FINANCE FACILITY AND A REGRANTING FACILITY, HOST VIRTUAL SHOWCASES, LABS, OTHER INFORMATIONAL EVENTS, PUBLISHED CASE STUDIES AND ARTICLES AND MOST IMPORTANTLY, CREATE A SELF-SUSTAINING BUSINESS MODEL FOR THE ICC TO SPIN OUT IN 2024. THE INCUBATION NETWORK (TIN) STARTED IN 2019 AND CONCLUDED IN 2023 WITH THE OBJECTIVE TO CREATE NEW RESILIENT WASTE SYSTEMS BY DEVELOPING, PROMOTING AND INVESTING IN TECHNOLOGIES, BUSINESS MODELS AND ENTREPRENEURS FOCUSED ON OCEAN PLASTIC POLLUTION MITIGATION AND THE CREATION OF MORE CIRCULAR ECONOMIES IN SOUTH AND SOUTHEAST ASIA. REGENERATIVE MONTEREY WAS A NEW INITIATIVE FUNDED BY 14 DONORS FOCUSED ON BUILDING REGENERATIVE AND CLIMATE POSITIVE ECONOMIC DEVELOPMENT IN MONTEREY, CA, SHOWCASING THE POTENTIAL FOR BOOSTING MONTEREYS ECONOMY THROUGH SUSTAINABLE, FAIR, AND DIVERSE WAYS IN TOURISM, AGRICULTURE, BUILDING/CONSTRUCTION TRADES, AND MARINE INDUSTRIES. THE FUTURE ECONOMY LAB ASIA, FOCUSED ON INNOVATING HOW WE CREATE FINANCIAL MECHANISMS AND COLLABORATIVE STRATEGIES ACROSS REGIONS, IMPACT SECTORS, AND COMMUNITIES AROUND THE WORLD. THE SECONDMUSE FOUNDATION SPONSORED A GRANT FROM THE VISA FOUNDATION, TO DESIGN PROGRAMS THAT ADDRESS BARRIERS FACED BY GENDER-SMART, CLIMATE-POSITIVE BUSINESSES IN ACCESSING CAPITAL IN SOUTH AND SOUTHEAST ASIA. THE FOUNDATION HAS BEEN SUPPORTING AND SPONSORING BLACK TECH STREET (BTS) SINCE ITS INCEPTION. IN 2023, IT HOSTED DEF CON 31 IN COLLABORATION WITH THE WHITE HOUSE AND MANY OTHER ORGANIZATIONS. IT WAS NAMED PART OF THE NATIONAL CYBER WORKFORCE AND EDUCATION STRATEGY AND THE FOUNDER AND EXECUTIVE DIRECTOR, TYRANCE BILLINGSLEY II, TESTIFIED AT THE CONGRESSIONAL BLACK CAUCUS AND U.S. SENATE COMMITTEE ON THE AI AND THE FUTURE OF WORK. IN ADDITION, BTS CREATED A LONG-TERM ALLIANCE BETWEEN MICROSOFT AND THE GREENWOOD COMMUNITY FOR THE DIGITAL TRANSFORMATION OF BLACK WALL STREET TO TRAIN 1000 BLACK TECH PROFESSIONALS. IT WILL CONTINUE IMPLEMENTATION IN 2024.
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IRS990/MissionDesc0THE STATED MISSION OF SECONDMUSE FOUNDATION IS TO FOSTER AND DEVELOP DIVERSE, PARTICIPATORY INNOVATION COMMUNITIES THAT INCUBATE SOLUTIONS TO SOCIAL, ECONOMIC AND ENVIRONMENTAL ISSUES; INCLUDING THROUGH PUBLIC EDUCATION, FACILITATING THE ABILITY OF PRIVATE, COMMERCIAL ACTORS, ENTREPRENEURS AND GOVERNMENTS TO GENERATE SHARED VISIONS AND TAKE COLLECTIVE ACTION IN ADVANCING SOLUTIONS THAT ADDRESS ENVIRONMENTAL ISSUES AND LOCAL ECONOMIES, AND INCUBATING AND FUNDING PROGRAMS AND SOLUTIONS THAT ADVANCE SOCIAL, ENVIRONMENTAL AND/OR ECONOMIC JUSTICE. IT WILL ALSO GENERATE, CODIFY, AND PUBLISH LEARNINGS AND INSIGHTS AND FACILITATE BROADER DISCOURSE TO CATALYZE COMMUNITY DEVELOPMENT ON A LARGER SCALE.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SECONDMUSE FOUNDATION ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS THE ORGANIZATION TAKES MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. AS OF DECEMBER 31, 2023, THERE WERE NO UNCERTAIN TAX POSITIONS NOTED. SECONDMUSE FOUNDATION'S' POLICY IS TO CLASSIFY INCOME TAX PENALTIES AND INTEREST, WHEN APPLICABLE, ACCORDING TO THEIR NATURAL CLASSIFICATION. UNDER THE STATUTE OF LIMITATIONS, SECONDMUSE FOUNDATION'S TAX RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR YEARS PRIOR TO 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3ENVIRONMENTAL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt4ENVIRONMENTAL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt5TECHNOLOGY
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt6ENVIRONMENTAL
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IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0EACH GRANT IS INITIATED WITH A LEGAL AGREEMENT BEFORE THE DISTRIBUTION OF FUNDS. FUNDS ARE DISTRIBUTED INCREMENTALLY SO SOME RECOURSE IS AVAILABLE SHOULD AN ISSUE ARISE. GRANTS ARE MONITORED THROUGH ONGOING MEETINGS OR OTHER ENGAGEMENTS AS APPROPRIATE FOR THE DURATION OF THE GRANT.
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IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 2
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 1, PART I, LINE 3
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0MINORITIES IN TECH
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3MINORITIES IN TECH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4PHILANTHROPHY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5SUPPORT ENTREPRENEUR
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7TECHNOLOGY / INNOVAT
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7CHICAGO INNOVATION FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8OUT IN TECH INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9UNIVERSITY OF CHICAGO
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1SECONDMUSE LLC

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