Overview

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Est.

2007

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

VertueLab is a nonprofit organization dedicated to unleashing innovation and entrepreneurship to address environmental challenges while promoting shared economic prosperity. With an operating budget of $2.3 million and total revenue of $1.7 million for the 2024 filing year, it provides funding and holistic support to cleantech startups. The organization does not rely on a single funder for 50% or more of its revenue and can be found online at vertuelab.org.

Mission Statement

TO UNLEASH INNOVATION AND ENTREPRENEURSHIP THAT WILL SOLVE ENVIRONMENTAL CHALLENGES AND CATALYZE SHARED ECONOMIC PROSPERITY. PROVIDE FUNDING AND HOLISTIC ENTREPRENEURIAL SUPPORT TO CLEANTECH STARTUPS.
Revenues
$1.7M
Expenses
$2.7M
Net Income:
-$958.3K
Assets
$6M
Liabilities
$3.5M
Net Assets:
+$2.4M
Operating Budget
$2.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$23K
Largest grant received
$87.5K
A
Aina Abiodun
Board Member
H
Heather Andersen
Board Member
K
Kelly Lyons
Board Member

Frequently Asked Questions

What is VertueLab’s budget?
In 2024, VertueLab reported an annual operating budget of around $2.3 million. More detailed financial information is available to registered users.
What causes does VertueLab support?
VertueLab supports work in Environment, Technology, and Science.
Where does VertueLab operate?
VertueLab is headquartered in Portland, OR.
Who funded VertueLab recently?
In 2025, VertueLab received grants from MEYER MEMORIAL TRUST, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and MARIE LAMFROM CHARITABLE FOUNDATION TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant VertueLab received in 2024?
The largest grant to VertueLab in 2024 exceeds $88 thousand.
What is VertueLab’s reliance on government grants?
VertueLab relied on government grants for more than 55% of their total revenue in 2024.