Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

INSPIRE ACCESS is a nonprofit organization dedicated to mobilizing philanthropic capital towards for-profit ventures that support underrepresented founders and communities historically lacking access to capital. With an operating budget of $731.9K and total revenue reaching $3.7M in 2024, the organization provides fiscal sponsorships and other founder-friendly tools to channel unrestricted donations into mission-aligned ventures. Currently, INSPIRE ACCESS does not rely on a single funder for 50% or more of its revenue. For more information, visit their website at https://www.inspireaccess.org/.

Mission Statement

OUR MISSION IS TO MOBILIZE PHILANTHROPIC CAPITAL TOWARDS FOR-PROFIT VENTURES IN SUPPORT OF UNDERREPRESENTED FOUNDERS AND COMMUNITIES WHO HAVE HISTORICALLY LACKED ACCESS TO CAPITAL. WE ADVANCE THIS BY PROVIDING PRIS, FISCAL SPONSORSHIPS, AND OTHER FOUNDER-FRIENDLY TOOLS THAT CHANNEL UNRESTRICTED DONATIONS INTO MISSION-ALIGNED VENTURES.
Revenues
$3.7M
Expenses
$810.1K
Net Income:
+$2.9M
Assets
$8.5M
Liabilities
$4.7M
Net Assets:
+$3.8M
Operating Budget
$731.9K
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
12
Median grant size
$75K
Largest grant received
$500K
E
Ernita Thomas
Board Member
L
Leroy Pingho
Board Member
H
Hillary Baltimore
Board Member

Frequently Asked Questions

What is INSPIRE ACCESS’s budget?
In 2024, INSPIRE ACCESS reported an annual operating budget of around $732 thousand. More detailed financial information is available to registered users.
What causes does INSPIRE ACCESS support?
INSPIRE ACCESS supports work in Communication media and Foundations.
Where does INSPIRE ACCESS operate?
INSPIRE ACCESS is headquartered in Potomac, MD.
Who funded INSPIRE ACCESS recently?
In 2025, INSPIRE ACCESS received grants from GREATER WASHINGTON COMMUNITY FOUNDATION, NATIONAL PHILANTHROPIC TRUST, and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant INSPIRE ACCESS received in 2024?
The largest grant to INSPIRE ACCESS in 2024 exceeds $500 thousand.