Texas · Nonprofit
WESTLAKE INNOVATION FUND INC
WESTLAKE INNOVATION FUND INC (Texas) receives grants from 2 organizations whose IRS filings report $17,500 to it, the largest being AMERICAN ENDOWMENT FOUNDATION ($15,000). 1 of them have funded it in more than one year, and 86% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2021
- $66k
- Funders on record
- 2
- Grants received
- $18k
- Net assets
- $102k
What Westlake Innovation Fund Inc does
Mission
The westlake innovation fund isa broad effort to bring authentic, rigorous entrepreneurial education to westlake high school students and across the broader community. This fund works to raise money that will be used across disciplines and venues toward its mission. Upon formation, the westlake innovation fund immediately worked to support efforts to install a video wall in the westlake pac, created an accelerator class for the student teams whose companies get funded thru the westlake incubator (oraremaking money) and teach the necessary skills that are so essential to start-ups.
As stated on its FY2021 Form 990-EZ.
Program
Jackson coker westlake incubator scholarship program in honor of our friend, jackson coker. Jackson was a key member of the second place westlake incubator team called straw one in 2019 and was promoted to the accelerator program, where alongside his team and mentor, they used their prize money to work on developing their company. Jackson excelled in the business incubator program, was a member of the c society, and was 16 and the heart and soul of the whs 2019 state championship football team. Jackson was a brilliant student who was currently attending and playing football at columbia university until his untimely passing.
The first program described on its most recent Form 990-EZ.
Who funds it, year by year
2019 → 2020: the base narrowed from 2 funders to 1 funder, grant income fell $13k → $5k.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 86% 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 WESTLAKE INNOVATION FUND 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
WESTLAKE INNOVATION FUND INC leans on a few funders — its largest provides 86% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
86% 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 WESTLAKE INNOVATION FUND INC.
Largest funder’s share by year: 2019 80% · 2020 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
86% of WESTLAKE INNOVATION FUND INC'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 $3k that is directly attributable, 100% of it comes from Texas funders.
Funder states come from each funder’s own filing. $15k arriving through sponsors registered in 1 state 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
WESTLAKE INNOVATION FUND INC runs a healthier operating margin than three-quarters of the 20,681 education nonprofits its size.
this organization peer median middle 50% of peers· 20,681 education nonprofits under $100k, FY2021
Organizations like WESTLAKE INNOVATION FUND 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 Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for WESTLAKE INNOVATION FUND 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 WESTLAKE INNOVATION FUND INC?
- WESTLAKE INNOVATION FUND INC (Texas) receives grants from 2 organizations whose IRS filings report $17,500 to it, the largest being AMERICAN ENDOWMENT FOUNDATION ($15,000). 1 of them have funded it in more than one year, and 86% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does WESTLAKE INNOVATION FUND INC have?
- IRS filings report 2 organizations giving $17,500 in grants to WESTLAKE INNOVATION FUND INC, 1 of which have funded it in more than one year.
- Who is the largest funder of WESTLAKE INNOVATION FUND INC?
- AMERICAN ENDOWMENT FOUNDATION is the largest funder on record, with $15,000 in grants. The full list of funders is on this page.
- How can an organization like WESTLAKE INNOVATION FUND INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. 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 Westlake Innovation →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2021 (financials across 2021–2021), and the filings of 2 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