AI Summary
CRESER Capital Fund is a nonprofit organization focused on entrepreneurship, dedicated to accelerating access to capital for Latino businesses and fostering economic growth within the Latino community. With an operating budget of $1.3 million and total revenue of $1.5 million for the 2024 filing year, the organization is supported by several significant funders, none of which contribute over 50% of its revenue. While specific geographic operations are not detailed, CRESER Capital Fund aims to empower the next generation of Latino entrepreneurs.
Mission Statement
CRESER Capital Fund will accelerate access to capital and unlock the Latino economic growth engine's force to promote the development and advancement of Latino businesses to power the next generation's future.
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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Frequently Asked Questions
What is CRESER Capital Fund’s budget?
In 2024, CRESER Capital Fund reported an annual operating budget of around $1.3 million. More detailed financial information is available to registered users.
What causes does CRESER Capital Fund support?
CRESER Capital Fund supports work in Entrepreneurship.
Where does CRESER Capital Fund operate?
CRESER Capital Fund is headquartered in Sausalito, CA.
Who funded CRESER Capital Fund recently?
In 2024, CRESER Capital Fund received grants from LATINO COMMUNITY FOUNDATION, THE SAN FRANCISCO FOUNDATION, and Umpqua Bank Charitable Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant CRESER Capital Fund received in 2024?
The largest grant to CRESER Capital Fund in 2024 exceeds $75 thousand.
What is CRESER Capital Fund’s reliance on government grants?
CRESER Capital Fund relied on government grants for more than 60% of their total revenue in 2024.