EIN 93-2770934

Abax Ventures

IRS 501(c) type
501(c)(4)
Num. employees
0
Year formed
2023
Most recent tax filings
2023-12-01
Description
Abax Ventures aims to positively influence the long-term future and promote the welfare of human beings through grantmaking, advocacy and lobbying, public education, technical support for companies, and mission-related investments. The organization focuses on artificial intelligence, global catastrophic risks, emerging technologies, and global health in its efforts.
Total revenues
$333,394,568
2023
Total expenses
$64,257
2023
Total assets
$349,265,513
2023
Num. employees
0
2023

Program areas at Abax Ventures

The organization will promote its mission to positively influence the long-term future and to promote the welfare of human beings through grantmaking, advocacy and lobbying, public education, providing technical support to companies, and mission-related investments. Areas of focus in carrying out these activities will be artifical intelligence, global catastrophic risks, emerging technologies and global health. During its initial year, the organization secured funding to carry out these activities in the future.

Personnel at Abax Ventures

NameTitleCompensation
Paul D KellerPresident and Chief Executive Officer and Director$0

Financials for Abax Ventures

RevenuesFYE 12/2023
Total grants, contributions, etc.$337,462,985
Program services$0
Investment income and dividends$1,328,778
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-5,397,195
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$333,394,568

Form 990s for Abax Ventures

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF

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Data update history
February 22, 2025
Posted financials
Added Form 990 for fiscal year 2023
February 14, 2025
Updated personnel
Identified 1 new personnel
January 15, 2025
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPublic sector nonprofits
Issues
Public policy
Characteristics
No full-time employees
General information
Address
1333 New Hampshire Ave NW Floor 3
Washington, DC 20036
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Phone
(650) 804-7100
IRS details
EIN
93-2770934
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2023
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W00: Public Policy, Public Services Institutions: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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