EIN 20-3049742

CONNECT Foundation

IRS 501(c) type
501(c)(3)
Num. employees
14
Year formed
2005
Most recent tax filings
2023-06-01
NTEE code, primary
Description
CONNECT Foundation elevates entrepreneurs in San Diego by providing educational programming, mentorship, & access to capital. Includes Springboard program.
Total revenues
$2,562,877
2023
Total expenses
$2,217,821
2023
Total assets
$2,581,098
2023
Num. employees
14
2023

Program areas at CONNECT Foundation

Life science luminary dinner, an annual dinner of key players in the san diego life science community, traditionally hosted at the home of a successful life science entrepreneur that made great strides in the life science community in the past year. The dinner brings in only the top innovators to build relationships, network, and celebrate the san diego life science community
Office hours, provides entrepreneurs an opportunity for private, pro bono professional advice;
Cool companiescool companies private event, an annual program where Connect selects the top centure capital-ready technology and life science companies to be named a "cool company". All the companies' ceos meet investors in a private invite-only event with the intention of securing funding for their company;cool companies public event, an annual gathering for the san diego community to meet and learn about each cool company, as well as network, make relationships, and celebrate the new cool companies;vc road trip, during day 2 of the cool companies private event, venture capitalists from all around the country embark on an outing, typically sailing, and are given a tour of san diego. The purpose of the day learn about san diego and to grow relationships between out-of-town venture capitalists and the san diego innovation community.

Who funds CONNECT Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
San Diego Venture GroupMerger With Connect Foundation$333,934
The Conrad Prebys FoundationFrom Beach, Bench To Bedside, and Beyond$250,000
Perkins Coie Foundation2022 Membership Renewal, 2022 Cool Companies, 2022 Connect, Dei Leadership Program$19,976
...and 2 more grants received

Personnel at CONNECT Foundation

NameTitleCompensation
Mike KrennChief Executive Officer$301,140
Marcela ChristieChief Operating Officer$175,147
Laura ShawPast Chief Operating Officer$47,712

Financials for CONNECT Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,106,131
Program services$456,384
Investment income and dividends$362
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,562,877

Form 990s for CONNECT Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-12-14990View PDF
2022-062023-04-28990View PDF
2021-062021-11-11990View PDF
2020-062021-02-22990View PDF
2019-062020-01-23990View PDF
...and 9 more Form 990s
Data update history
February 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 26, 2023
Received grants
Identified 4 new grant, including a grant for $250,000 from The Conrad Prebys Foundation
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 18 new personnel
June 29, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsCharities
Issues
EducationCommunity improvementEconomic development
Characteristics
MembershipsState / local levelTax deductible donationsAccepts online donations
General information
Address
9605 Scranton Rd 110
San Diego, CA 92121
Metro area
San Diego-Chula Vista-Carlsbad, CA
County
San Diego County, CA
Website URL
connect.org/ 
Phone
(858) 964-1300
Facebook page
connectfoundation 
IRS details
EIN
20-3049742
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2005
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
133196
FTB Entity ID
2751044
AB 488 data last updated ("as-of") date
2024-10-16
Free account sign-up

Want updates when CONNECT Foundation has new information, or want to find more organizations like CONNECT Foundation?

Create free Cause IQ account