EIN 46-2589747

Minerva University

IRS 501(c) type
501(c)(3)
Num. employees
593
Year formed
2013
Most recent tax filings
2023-06-01
Description
Stimulating meaningful innovation by supporting the development of, and access to, transformative educational programs; by working to identify and support the most promising potential students regardless of location or circumstances.
Also known as...
Minerva Institute for Research and Scholarship
Total revenues
$49,762,971
2023
Total expenses
$32,023,798
2023
Total assets
$57,538,847
2023
Num. employees
593
2023

Program areas at Minerva University

Operate affordable, high quality educational programs leading to an undergraduate degree. To accomplish this, the institute identifies students, awards scholarships and other direct aid, provides instruction using high quality, scaffolded curricula on an innovate live video-based platform and immersive residential services in seven global locations.
Operate high quality educational non-degree programs with a duration of a few weeks or up to a year. To accomplish this, the institute identifies students and provides instruction using high quality, scaffolded curricula on an innovate live video-based platform.
Operate high quality educational programs leading to a graduate degree. To accomplish this, the institute identifies students and provides instruction using high quality, scaffolded curricula on an innovative live video-based platform.

Who funds Minerva University

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Silicon Valley Community Foundation (SVCF)Education$3,000,000
The Halperin FoundationGeneral Support$200,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$75,500
...and 1 more grant received

Personnel at Minerva University

NameTitleCompensation
Nisha ChakravartyChief Operating Officer
Nikolaus PelkaChief Financial Officer$211,623
Ari Betof, Ed.D.Chief Advancement Officer
Junko GreenChief Discovery and Comm Officer$214,375
Joshua FostVice Provost of Innovation$204,667
...and 40 more key personnel

Financials for Minerva University

RevenuesFYE 06/2023
Total grants, contributions, etc.$33,039,844
Program services$16,391,320
Investment income and dividends$302,646
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$26,404
Net gain from sale of non-inventory assets$2,604
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$153
Total revenues$49,762,971

Form 990s for Minerva University

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-13990View PDF
2022-062023-03-16990View PDF
2021-062022-05-16990View PDF
2020-062021-05-20990View PDF
2019-062021-12-13990View PDF
...and 3 more Form 990s

Organizations like Minerva University

OrganizationLocationRevenue
the University of the Virgin Islands (UVI)Saint Thomas, VI$102,783,850
Saint Mary's UniversityCanada, $149,964,159
Victoria UniversityCanada, $71,362,410
Trinity International University (TIU)Deerfield, IL$37,544,013
University of Findlay (UF)Findlay, OH$146,285,348
Roosevelt UniversityChicago, IL$131,830,306
University of La Verne (ULV)La Verne, CA$210,198,947
St Catherine UniversitySaint Paul, MN$129,561,387
Clark UniversityWorcester, MA$226,941,247
Chatham UniversityPittsburgh, PA$117,421,560
Data update history
May 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 3 new personnel
May 19, 2024
Used new vendors
Identified 3 new vendors, including , , and
December 26, 2023
Received grants
Identified 2 new grant, including a grant for $3,000,000 from Silicon Valley Community Foundation (SVCF)
October 6, 2023
Updated personnel
Identified 14 new personnel
Nonprofit Types
SchoolsCharities
Issues
Education
Characteristics
Partially liquidatedOperates internationallyReceives government fundingProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
14 Mint Plaza Floor 3
San Francisco, CA 94103
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
minerva.edu/about/ 
Phone
(415) 325-2059
IRS details
EIN
46-2589747
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B43: University or Technological Institute
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
None yet
FTB Entity ID
4191972
AB 488 data last updated ("as-of") date
2024-11-06
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