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New York · Nonprofit

TECHNYC FOUNDATION

TECHNYC FOUNDATION (New York) receives grants from 6 organizations whose IRS filings report $1,862,750 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,513,000). 1 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$1.2M
Funders on record
6
Grants received
$1.9M
Net assets
$337k
1/6 repeat fundersgrants exceed reported revenue in one year
01What it does

What Technyc Foundation does

Mission

To support the technology ecosystem in new york through education and volunteerism.

As stated on its FY2024 Form 990.

Program

  1. In 2024 the tech:nyc foundation supported the new york community through research, tech for good initiatives, and support of local community groups throughout new york city. The tech:nyc foundation also developed a curriculum to advance career readiness and skills-based learning for young new yorkers, in an effort to expand its work in the education space in 2025.

    $682,257 spentof which $24,100 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $682,257.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($65k) Expenses 100 ($60k) Net assets 100 ($5k)2023 Revenue 169 ($110k) Expenses 178 ($107k) Net assets 159 ($7k)2024 Revenue 1886 ($1.2M) Expenses 1485 ($896k) Net assets 7220 ($337k)
202220232024
Revenue (1886)Expenses (1485)Net assets (7220)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $83k to $1.6M (+1818%).

$40k
$83k
$1.6M
202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of TECHNYC FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (82% for the typical peer).

This organization
Typical peer · 3,052 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.

$5k
’22
$3k
’23
$330k
’24
19
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Julie Samuels

CEO

As listed on its FY2024 Form 990.

03Who funds it

Who funds it, year by year

2022 → 2023: the base narrowed from 2 funders to 1 funder, grant income rose $80k → $130k.

3 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 93% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of TECHNYC FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TECHNYC FOUNDATION leans on a few funders — its largest provides 81% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TECHNYC FOUNDATION.

81%
largest funder
96%
top three
~1
effective funders

Largest funder’s share by year: 2022 81% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

92% of TECHNYC FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $140k that is directly attributable, 100% of it comes from New York funders.

NY

Funder states come from each funder’s own filing. $1.7M arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TECHNYC FOUNDATION holds deeper cash reserves than three-quarters of the 2,910 philanthropy nonprofits its size.

Operating margin27% · above the median
Months of reserve19.1mo · top quartile
Revenue growth (annualized)334% · outside the comparable range

this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024

Organizations like TECHNYC FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 9%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 1 related entity

  • Technyc Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for TECHNYC FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TECHNYC FOUNDATION?
TECHNYC FOUNDATION (New York) receives grants from 6 organizations whose IRS filings report $1,862,750 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,513,000). 1 of them have funded it in more than one year, and 92% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does TECHNYC FOUNDATION have?
IRS filings report 6 organizations giving $1,862,750 in grants to TECHNYC FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of TECHNYC FOUNDATION?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $1,513,000 in grants. The full list of funders is on this page.
How can an organization like TECHNYC FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing