Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Fifth Star Funds Inc is dedicated to fostering a more equitable society by supporting a representative start-up ecosystem. With an operating budget of $72.8K and total revenue of $279.5K in 2025, the organization focuses on reducing bias in deal sourcing, providing early-stage capital, and delivering tailored support services to founders. Key funders include TIDES FOUNDATION and THE ALLSTATE FOUNDATION, with no single funder providing 50% or more of its revenue.

Mission Statement

Fifth Star Funds aims to foster a more equitable society by supporting a start-up ecosystem that is representative of today's world. We do this by reducing bias in the deal sourcing process, equalizing access to opportunity, allocating early-stage capital, providing network access, and delivering thoughtful support services that meet the needs of our founders.
Revenues
$279.5K
Expenses
$72.8K
Net Income:
+$206.6K
Assets
$886.8K
Liabilities
$2.4K
Net Assets:
+$884.5K
Operating Budget
$72.8K
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
1
Median grant size
$73.7K
Largest grant received
$73.7K
K
Kyle Backer
Board Member
T
Tim Huelskamp
Board Member
O
Osayanmo Osarenkhoe
Board Member

Frequently Asked Questions

What is Fifth Star Funds Inc’s budget?
In 2025, Fifth Star Funds Inc reported an annual operating budget of around $73 thousand. More detailed financial information is available to registered users.
Where does Fifth Star Funds Inc operate?
Fifth Star Funds Inc is headquartered in Chicago, IL.
Who funded Fifth Star Funds Inc recently?
In 2024, Fifth Star Funds Inc received grants from TIDES FOUNDATION and THE ALLSTATE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant Fifth Star Funds Inc received in 2024?
The largest grant to Fifth Star Funds Inc in 2024 exceeds $74 thousand.