Overview

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Est.

2011

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Digital Harbor Foundation Inc is a nonprofit focused on scholarships and financial aid, education, and entrepreneurship, with a mission to foster innovation, technological advancement, and entrepreneurship through educational initiatives, direct service programs for youth, and capacity-building for educators. In filing year 2024, it reported a $15.6M operating budget and $57.9M in total revenue, with major funders including the Bill & Melinda Gates Foundation, the Eric and Wendy Schmidt Fund for Strategic Innovation, and the Musk Foundation.

Mission Statement

FOSTERING INNOVATION, TECHNOLOGICAL ADVANCEMENT AND ENTREPRENEURSHIP THROUGH EDUCATIONAL INITIATIVES INCLUDING DIRECT SERVICE PROGRAMS FOR YOUTH AND CAPACITY-BUILDING FOR EDUCATORS.
Revenues
$57.9M
Expenses
$34.2M
Net Income:
+$23.7M
Assets
$57.3M
Liabilities
$3.3M
Net Assets:
+$54.1M
Operating Budget
$15.6M
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
47
Median grant size
$150K
Largest grant received
$12.1M
S
Sonya Harbaugh
Board Member
K
Kyle Ali
Board Member
M
Mike Hinkey
Board Member
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  • 107 funders
  • 50 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is DIGITAL HARBOR FOUNDATION INC’s budget?
In 2024, DIGITAL HARBOR FOUNDATION INC reported an annual operating budget of around $15.6 million. More detailed financial information is available to registered users.
What causes does DIGITAL HARBOR FOUNDATION INC support?
DIGITAL HARBOR FOUNDATION INC supports work in Education, Entrepreneurship, and Scholarships & Financial Aid.
Where does DIGITAL HARBOR FOUNDATION INC operate?
DIGITAL HARBOR FOUNDATION INC is headquartered in BALTIMORE, MD.
Who funded DIGITAL HARBOR FOUNDATION INC recently?
In 2025, DIGITAL HARBOR FOUNDATION INC received grants from FRANCE-MERRICK FOUNDATION INC, Mercatus Center Inc, and Renaissance Philanthropy Fund. More information on this organization’s funders is available to registered users.
What is the largest grant DIGITAL HARBOR FOUNDATION INC received in 2024?
The largest grant to DIGITAL HARBOR FOUNDATION INC in 2024 exceeds $12.1 million.
What is DIGITAL HARBOR FOUNDATION INC’s reliance on government grants?
DIGITAL HARBOR FOUNDATION INC relied on government grants for less than 5% of their total revenue in 2024.