Nonprofits›Idea Foundry
Community Improvement & Capacity Building
Idea Foundry
PITTSBURGH, PA
Total revenue
$826K
Total expenses
$979K
Net assets
$1.4M
Grants received
$558K
5 grants
EIN
043587471
Tax year
2024
Mission
To foster innovation, new company creation and job growth in the western pennsylvania area.
Financials
FY 2024
Revenue
Contributions & grants$472K
Program service revenue$257K
Investment income$97K
Other revenue—
Total revenue$826K
Expenses
Grants paid—
Salaries & benefits$513K
Fundraising$21K
Other expenses$466K
Total expenses$979K
Total assets$1.6M
Net assets$1.4M
People
5 listed
NameRoleCompensation
MICHAEL M MATESIC
DIRECTOR & CEO
Board
$160K
50 hrs/wk
RICHARD K RIEDERER
CHAIRMAN OF THE BOARD
Board
—
10 hrs/wk
JAMES C STALDER
DIRECTOR
Board
—
0PATRICK B STEWART
DIRECTOR & SECRETARY
Board
—
0RICHARD DANFORTH
DIRECTOR
Board
—
0Grants received
Showing 5 of 5
FromAmountPurposeYear
$247K
GENERAL SUPPORT OF PO-SHEN LOH'S WORK ON NOVID PLATFORM AND FOR EXPII, INC. (EXPII@IDEAFOUNDRY)
2021
Funded by
$558K from 5 funders · 5 grants · 2018–2024
Founders Pledge Inc
$247K · 1 grant · 2021
Tansy Charitable Foundation
$200K · 1 grant · 2020
Effective Ventures Foundation Usa Inc
$100K · 1 grant · 2021
Fidelity Investments Charitable Gift Fund
$10K · 1 grant · 2018
Tech for Humanity
$1K · 1 grant · 2024
Details
EIN043587471
NTEE codeS30
Subsection03
Ruling date2002-04
Formed2002
Employees4
Volunteers0