NEW ORLEANS STARTUP FUND INC
AI Summary
NEW ORLEANS STARTUP FUND INC is an entrepreneurship-focused nonprofit seed capital fund that helps early-stage innovative businesses become venture-ready companies, with a mission to create jobs and economic prosperity across the ten-parish Greater New Orleans region. In filing year 2024, it operated with a budget of $747.9K and revenue of $815.3K, and its listed funders include WK Kellogg Foundation, GREATER NEW ORLEANS DEVELOPMENT FOUNDATION, and JOHN S AND JAMES L KNIGHT FOUNDATION.
Mission Statement
THE NEW ORLEANS STARTUP FUND INC. IS A SEED CAPITAL FUND ESTABLISHED BY GREATER NEW ORLEANS BUSINESSES AND FINANCIAL LEADERS TO ACCELERATE THE GROWTH OF EARLY-STAGE, INNOVATIVE BUSINESSES INTO VENTURE-READY COMPANIES. THE STARTUP FUND'S MISSION IS TO CREATE JOBS AND ECONOMIC PROSPERITY FOR THE TEN PARISH REGIONS OF GREATER NEW ORLEANS BY PROVIDING SEED CAPITAL AND BUSINESS ASSISTANCE TO EARLY-STAGE FIRMS.
Cause Areas
1
Entrepreneurship
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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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- 14 funders
- 19 board & team members
- 9 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is NEW ORLEANS STARTUP FUND INC’s budget?
In 2024, NEW ORLEANS STARTUP FUND INC reported an annual operating budget of around $748 thousand. More detailed financial information is available to registered users.
What causes does NEW ORLEANS STARTUP FUND INC support?
NEW ORLEANS STARTUP FUND INC supports work in Entrepreneurship.
Where does NEW ORLEANS STARTUP FUND INC operate?
NEW ORLEANS STARTUP FUND INC is headquartered in New Orleans, LA.
Who funded NEW ORLEANS STARTUP FUND INC recently?
In 2024, NEW ORLEANS STARTUP FUND INC received grants from SOCIAL ENTREPRENEURS OF NEW ORLEANS, WK Kellogg Foundation, and RML FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant NEW ORLEANS STARTUP FUND INC received in 2024?
The largest grant to NEW ORLEANS STARTUP FUND INC in 2024 exceeds $138 thousand.
What is NEW ORLEANS STARTUP FUND INC’s reliance on government grants?
NEW ORLEANS STARTUP FUND INC relied on government grants for more than 90% of their total revenue in 2024.