Overview

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Est.

2013

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Minerva University is a nonprofit organization dedicated to university education and transformative educational programs, with a mission to stimulate meaningful innovation by supporting the development and access to these programs for promising students, regardless of their circumstances. With an operating budget of $32.2 million and total revenue of $33 million for the 2024 filing year, it is supported by significant funders including Fidelity Investments Charitable Gift Fund, Silicon Valley Community Foundation, and Charles Koch Foundation. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

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.
Revenues
$33M
Expenses
$41.6M
Net Income:
-$8.5M
Assets
$43.1M
Liabilities
$26.7M
Net Assets:
+$16.4M
Operating Budget
$32.2M
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
2
Median grant size
$10M
Largest grant received
$20M
M
Michael Magee
Board Member
S
Stacey Childress
Board Member
B
Bob Kerrey
Board Member
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  • 10 funders
  • 43 board & team members
  • 7 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is MINERVA UNIVERSITY’s budget?
In 2024, MINERVA UNIVERSITY reported an annual operating budget of around $32.2 million. More detailed financial information is available to registered users.
What causes does MINERVA UNIVERSITY support?
MINERVA UNIVERSITY supports work in Education and University education.
Where does MINERVA UNIVERSITY operate?
MINERVA UNIVERSITY is headquartered in SAN FRANCISCO, CA.
Who funded MINERVA UNIVERSITY recently?
In 2024, MINERVA UNIVERSITY received grants from Silicon Valley Community Foundation, FIDELITY INVESTMENTS CHARITABLE GIFT FUND, and Silicon Valley Community Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant MINERVA UNIVERSITY received in 2024?
The largest grant to MINERVA UNIVERSITY in 2024 exceeds $20 million.