EIN 83-1592799

Unitary Fund

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
2018
Most recent tax filings
2022-12-01
Description
Unitary Fund is a 501(c)(3) non-profit whose mission is to create a quantum technology ecosystem that benefits the most people.
Total revenues
$835,211
2022
Total expenses
$903,685
2022
Total assets
$536,413
2022
Num. employees
7
2022

Program areas at Unitary Fund

Unitary Fund awarded microgrants to individuals & organizations consisting of approximately 20 teams/individuals per year. The grant applications are reviewed by an outside advisory board consisting of 15 volunteers.
Unitary Fund unveiled metriq, a free community platform to benchmark current quantum computers, and to share the latest research achievements in the field.
Unitary Fund developed mitiq, an open source quantum toolkit to mitigate errors on current noisy quantum computers. Mitiq is the first toolkit of its kind and has been cited numerous times in academic research papers.

Who funds Unitary Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
In-Q-TelSee Supplemental Section for Grant Purpose.$112,500
Charities Aid Foundation of AmericaCharitable Donation$20,000

Personnel at Unitary Fund

NameTitleCompensation
William ZengPresident$54,000
Travis L. ScholtenSecretary$0
Nathan ShammahBoard Member$162,502
Christophe JurczakTreasurer$0

Financials for Unitary Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$835,164
Program services$0
Investment income and dividends$47
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$835,211

Form 990s for Unitary Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-06-02990EZView PDF
Data update history
May 19, 2024
Received grants
Identified 2 new grant, including a grant for $112,500 from In-Q-Tel
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Updated personnel
Identified 2 new personnel
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public utilitiesResearch centersCharities
Issues
Science and technology
Characteristics
Conducts researchReceives government fundingTax deductible donationsAccepts online donations
General information
Address
315 Montgomery St 10th Floor
San Francisco, CA 94104
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
unitary.fund/ 
Phone
(703) 980-4294
IRS details
EIN
83-1592799
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U40: Engineering and Technology Research, Services
NAICS code, primary
517: Telecommunications
Parent/child status
Independent
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