Florida · Nonprofit
THE 1909 FOUNDATION INC
THE 1909 FOUNDATION INC (Florida) receives grants from 11 organizations whose IRS filings report $360,374 to it, the largest being COMMUNITY FOUNDATION FOR PALM BEACH AND MARTIN COUNTIES INC ($115,000). 5 of them have funded it in more than one year.
- Revenue FY2024
- $815k
- Funders on record
- 11
- Grants received
- $360k
- Net assets
- $251k
What The 1909 Foundation Inc does
Mission
To support the holistic development of creators to foster mindful innovation and uplift our community.
As stated on its FY2024 Form 990.
Programs
Incubator space: 1909 provides affordable shared workspace designed to support founders in their day to journey of entrepreneurship. The space provides high speed wi-fi, printing, conference rooms, brainstorm areas and a community of other founders to provide support. We support over 230 members in our incubator space.
$240,945 spent$30,370 earned by the program57% of program spendingAccelerator program: 6 month, application-based business accelerator and mentorship program designed to help founders develop their ideas into successful businesses. We supported 8 new entrepreneurs with the development and launch of their businesses. We offer business courses to help founders turn their ideas into real businesses. Our programs are based on collaborative learning, which is the educational approach of using groups to enhance learning through working together. This style of learning is proven to help participants develop social skills, learn from peers with different skills, build trust, become more engaged, and build confidence and leadership skills.
$85,000 spent20% of program spendingEvents & programming: 1909 offers year round events for our members and the greater community. These events included mastermind group gatherings, industry specific meet-ups and training, personal development and connection events, mentorship gatherings, college student intros, and networking opportunities. We also hosted our gala to recognize our founders and raise funds to support our programming efforts.
$80,576 spent19% of program spendingMentorship: we connect founders and mentors across our community, encouraging knowledge sharing to help founders achieve their goals efficiently and effectively.
$4,716 spent1% of program spendingCo-lab: a team competition of creativity and productivity designed to slingshot our founders with an injection of talented, focused energy. Assigned teams of 4-5 skilled volunteers work together with a founder to impact their project as much as possible in a 12-day hackathon-style event.
$3,130 spent1% of program spendingProject 1909: a micro-grant initiative that allows us to pair skilled freelancers with small local businesses in need to complete projects to help the business grow.
$10,489 spent2% of program spending
The 6 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $424,856.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $71k to $197k (+178%).
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.
Government-grant reliance: 2021 5% · 2022 8% · 2023 1%. Grants only. Government contracts and fees sit inside program revenue.
96% of THE 1909 FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.
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
Shana Ostrovitz
Executive director
Board chair
Nicholas Mohnacky
Board chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2022 → 2023: the base broadened from 4 funders to 5 funders, grant income rose $14k → $54k.
3 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 34% 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 THE 1909 FOUNDATION INC’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
THE 1909 FOUNDATION INC leans on a few funders — its largest provides 32% of grant income and the top three 84%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
34% 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 THE 1909 FOUNDATION INC.
Largest funder’s share by year: 2022 56% · 2023 78% — 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
THE 1909 FOUNDATION INC draws 54% of its grant income from funders outside Florida, across 6 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $124k 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.
Against its field
THE 1909 FOUNDATION INC has grown faster than three-quarters of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like THE 1909 FOUNDATION INC
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 Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
75% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for THE 1909 FOUNDATION INC: 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.
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 THE 1909 FOUNDATION INC?
- THE 1909 FOUNDATION INC (Florida) receives grants from 11 organizations whose IRS filings report $360,374 to it, the largest being COMMUNITY FOUNDATION FOR PALM BEACH AND MARTIN COUNTIES INC ($115,000). 5 of them have funded it in more than one year.
- How many funders does THE 1909 FOUNDATION INC have?
- IRS filings report 11 organizations giving $360,374 in grants to THE 1909 FOUNDATION INC, 5 of which have funded it in more than one year.
- Who is the largest funder of THE 1909 FOUNDATION INC?
- COMMUNITY FOUNDATION FOR PALM BEACH AND MARTIN COUNTIES INC is the largest funder on record, with $115,000 in grants. The full list of funders is on this page.
- How can an organization like THE 1909 FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds 1909 →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 11 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