NonprofitsPublic Invention

Science & Technology

Public Invention

AUSTIN, TX

Total revenue

$407K

Total expenses

$135K

Net assets

$265K

Grants received

$344K

7 grants

EIN

834036254

Tax year

2024

Mission

Public Invention seeks to alleviate poverty and educate by creating a movement for open-source hardware invention. We "Invent in the public, for the Public". Our work centers on humanitarian inventions, specifically in the biomedical space. We are working on a ceramic oxygen concentrator for NASA, a global distributed tracking system for medical supplies, a general purpose alarm device, a more efficient cooking stove for wood-based fires, and are developing a ferrofluid check valve.

Programs

2 programs

The Global Distributed Tracking (GDT) project of the Global Open Source Quality Assurance System (which we lead) addresses the problem of substandard and falsified medical devices in the global supply chain. We have created an open-source fully encrypted, anonymously usable track-and-trace system that does not require authentication in low- and middle-income countries. This works by placing a QR code on a device, box, carton, or crate. Anyone with a smartphone can amend the history of the item or group of items. The website is live now: https://gosqas.org/.

Expenses: $29KGrants: $158K

EcoPot is an attempt to design more efficient cooking pot specifically for the one billion people on Earth who still cook on an open wood fire. This is very inefficient. It requires a great deal of fuel to be gathered or cut, keeping the poorest in poverty. It produces unhealthy smoke, and adds (slightly) to global warming. We are using computation fluid dynamics to attempt to design a more efficient design. This methodology will be shared with the world to create a "challenge", allowing all to participate. We may build a test apparatus for testing pots in miniature, and eventually in full family-size designs.

Expenses: $4K

Financials

FY 2024

Revenue

Contributions & grants$407K
Program service revenue
Investment income
Other revenue
Total revenue$407K

Expenses

Grants paid
Salaries & benefits
Fundraising$1K
Other expenses$135K
Total expenses$135K
Total assets$265K
Net assets$265K

People

1 listed

NameRoleCompensation

Robert L Read

President

Board

55 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$225K
PUBLIC, SOCIETAL BENEFIT
2023
$500
HEALTH CARE - FACILITATING THE INVENTION OF THINGS THAT HELP PEOPLE. EMPOWERING INVENTORS, TECHNOLOGIST, AND STUDENTS TI PUBLISH, FIND, AND COLLABORATE ON INVENTION IDEAS THROUGH DIRECT COACHING, TEAM FORMATION
2022
$26K
For grant recipient's exempt purposes
2021
$26K
For grant recipient's exempt purposes
2021
$15K
PUBLIC, SOCIETAL BENEFIT
2021
$26K
For grant recipient's exempt purposes
2020
$25K
For grant recipient's exempt purposes
2019

Funded by

$344K from 3 funders · 7 grants · 2019–2023

Donor Advised Charitable Giving Inc

$240K · 2 grants · 2021–2023

Fidelity Investments Charitable Gift Fund

$103K · 4 grants · 2019–2021

Kristin & Michael Reed Family

$500 · 1 grant · 2022

Details

EIN834036254
NTEE codeU05
Subsection03
Ruling date2019-10
Formed2019
Employees0
Volunteers25
PUBLIC INVENTION — Mission, Financials & Grants Received | Grantivo