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Nonprofits›Divinc

Community Improvement & Capacity Building

Divinc

AUSTIN, TX

Website

Total revenue

$1.3M

Total expenses

$1.8M

Net assets

$193K

Grants received

$2.7M

30 grants

EIN

813052133

Tax year

2024

Mission

Divinc serves as a bridge for underrepresented entrepreneurs and the tech startup ecosystem.

Financials

FY 2024

Revenue

Contributions & grants$1.3M

Program service revenue—

Investment income—

Other revenue$3K

Total revenue$1.3M

Expenses

Grants paid—

Salaries & benefits$447K

Fundraising$331K

Other expenses$1.4M

Total expenses$1.8M

Total assets$818K

Net assets$193K

People

12 listed

NameRoleCompensation

PRESTON JAMES II

CO-FOUNDER/CEO

Board

$105K

1 hrs/wk

KATE WILLIAMS

VICE-CHAIR

Board

—

1 hrs/wk

KIMBAL SMITH

LEGAL

Board

—

1 hrs/wk

MARK PHILLIP

SECRETARY

Board

—

1 hrs/wk

CHRIS HYAMS

BOARD MEMBER

Board

—

1 hrs/wk

JUAN THURMAN

TREASURER

Board

—

1 hrs/wk

BRANDON MIDDLETON-PRATT

BOARD MEMBER

Board

—

1 hrs/wk

RAJIV BALA

BOARD MEMBER

Board

—

1 hrs/wk

MERCY WAKWEIKA

BOARD MEMBER

Board

—

1 hrs/wk

STEVE GOLDSMITH

BOARD MEMBER

Board

—

1 hrs/wk

JOSH JONES-DILWORTH

CHAIR

Board

—

1 hrs/wk

ASHLEY DEWALT

MANAGING DIRECTOR

Staff

$100K

40 hrs/wk

Independent contractors

KENNY OZUNA

FINANCIAL SERVICES

$107K

Grants received

Showing 30 of 30

FromAmountPurposeYear

THE BLACKSTONE CHARITABLE FOUNDATION

$325K

PROGRAMMATIC SUPPORT FOR LAUNCHPAD

2024

TINGARI FOUNDATION

$50K

TO SUPPORT ORGANIZATION'S PURPOSE

2024

AUSTIN COMMUNITY FOUNDATION INC

$10K

GENERAL SUPPORT

2024

JPMORGAN CHASE FOUNDATION

$497K

IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

2023

The Bank of America Charitable Foundation Inc

$25K

PROGRAM/OPERATING SUPPORT

2023

AUSTIN COMMUNITY FOUNDATION INC

$10K

UNRESTRICTED GRANT

2023

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$6K

For grant recipient's exempt purposes

2023

GREATER HOUSTON COMMUNITY FOUNDATION

$175K

PUBLIC BENEFIT

2022

UJENI FOUNDATION INC

$50K

TO SUPPORT SOCIAL JUSTICE INNOV

2022

BROWN ADVISORY CHARITABLE FOUNDATION INC

$30K

PROGRAM SUPPORT

2022

The Bank of America Charitable Foundation Inc

$25K

PROGRAM/OPERATING SUPPORT

2022

AUSTIN COMMUNITY FOUNDATION INC

$13K

UNRESTRICTED

2022

JPMORGAN CHASE FOUNDATION

$475K

IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

2021

THE GOLDMAN SACHS CHARITABLE GIFT FUND

$139K

COMMUNITY OUTREACH & ENRICHMENT PROGRAMS

2021

The Bank of America Charitable Foundation Inc

$125K

OPERATIONAL SUPPORT

2021

ASCENSION SETON

$100K

To support program to generate social and economic equality through entrepreneurship.

2021

COMMUNITY FOUNDATION BOULDER COUNTY

$66K

General operating support and Colorado project

2021

BROWN ADVISORY CHARITABLE FOUNDATION INC

$20K

PROGRAM SUPPORT

2021

AMERICAN ONLINE GIVING FOUNDATION INC

$18K

GENERAL SUPPORT

2021

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$18K

For grant recipient's exempt purposes

2021

FIDELITY INVESTMENTS CHARITABLE GIFT FUND

$18K

For grant recipient's exempt purposes

2021

UJENI FOUNDATION INC

$15K

To support social justice innovations

2021

SUSAN CROWN EXCHANGE INC

$5K

PUBLIC CHARITY

2021

JPMORGAN CHASE FOUNDATION

$250K

IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION

2020

The Bank of America Charitable Foundation Inc

$125K

GENERAL SUPPORT

2020

AMERICAN ONLINE GIVING FOUNDATION INC

$23K

GENERAL SUPPORT

2020

BETTER BUSINESS BUREAU

$18K

COVID-19 EMERGENCY RELIEF

2020

DONOR ADVISED CHARITABLE GIVING INC

$13K

PUBLIC, SOCIETAL BENEFIT

2020

THE ROTHSCHILD FOUNDATION INC

$10K

TO SUPPORT ORGANIZATION

2020

CHARLES SCHWAB FOUNDATION

$1K

2020 PRO BONO CHALLENGE IMPLEMENTATION GRANT

2020

Funded by

$2.7M from 18 funders · 30 grants · 2020–2024

Jpmorgan Chase Foundation

$1.2M · 3 grants · 2020–2023

The Blackstone Charitable Foundation

$325K · 1 grant · 2024

The Bank of America Charitable Foundation Inc

$300K · 4 grants · 2020–2023

Greater Houston Community Foundation

$175K · 1 grant · 2022

The Goldman Sachs Charitable Gift Fund

$139K · 1 grant · 2021

Ascension Seton

$100K · 1 grant · 2021

Community Foundation Boulder County

$66K · 1 grant · 2021

Ujeni Foundation Inc

$65K · 2 grants · 2021–2022

Details

EIN813052133

NTEE codeS31

Subsection03

Ruling date2017-05

Formed2016

Employees7

Volunteers63