EIN 46-3061287

Access Ventures

IRS 501(c) type
501(c)(3)
Num. employees
10
Year formed
2013
Most recent tax filings
2019-12
NTEE code, primary
Description
The organization's missions are education; relief of the poor, distressed and underprivileged; and the promotion of social welfare by combating community deterioration. The origanization's approach is through providing Access to finance and housing to...

Program areas at Access Ventures

Neighborhood economics: when we lack Access to something that is required for our flourishing, community is broken, relationships are distorted, and problems emerge. The level of genuine impact within an area is a neighborhood, yet economic planning has historically been assumed into city-wide and regional approaches. The organization seeks to invest in, and encourage, the development of neighborhood-level economics. This takes the form of job creation, business development, housing solutions, commercial spaces, creative place making, and localized philanthropy. As we open up Access for the underserved, we build the community we all desire to live in.
Financial inclusion: in the united states, wealth inequality runs even more pronounced than income inequality. This lack of Access to financial services worsens inequality and the cycle of poverty. Without Access to financial services, low-wealth individuals become vulnerable to financial shocks, such as a car accident, hospitalization, or job loss. When families and individuals can save money; can Access affordable financial services for home, school and business; as well as exchange money in a safe manner, they can begin to invest in a better future. Financial inclusion leads to greater individual, family, and community stability. Inclusion is of benefit to the person, as well as society at large. In 2014, the organization partnered to bring kivazip and 0% financing to louisville as well as created a micro-loan program to partner with unbanked small businesses to provide Access to capital for them to thrive.
Strategic real estate: vast numbers of vacant homes and businesses deteriorate the fabric of a community by increased crime rates, higher costs to the tenants given no other opportunity for residence, and making it difficult for businesses to be successful. Therefore, we invest in affordable housing and commercial properties to improve the community, at the same time raising community awareness for underlying causes of housing insecurity.
Access to capital: traditional banking and financial services exclude millions of individuals and small businesses. Inclusion in these financial systems leads to greater individual, family, and community stability. Therefore, we invest in companies and programs that improve Access to equitable capital, financial services, and the distribution of funds beyond traditional means.
Creative economy: we believe that people have the right to realize their full potential. An economy that encourages creativity accelerates growth and long-term community vitality by encouraging people to be their authentic selves. The creative economy surfaces and redeems the beliefs we identify with, and that we value, and exposes that which is possible. We work intentionally to create programs that support creators and their creative development as they mature in their craft.
Income from direct charitable activity - strategic real estate.
Program. See part ix-a - summary of direct charitable activities.
Income from direct charitable activity - Access to capital.
See part ix-a - summary of direct charitable activities.

Form 990s for Access Ventures

Fiscal year endingDate received by IRSFormPDF link
2019-122021-06-10990PFView PDF
2018-122020-01-16990PFView PDF
2017-122019-02-21990PFView PDF
2016-122017-10-25990PFView PDF
2015-122016-12-29990PFView PDF
...and 2 more Form 990s

Who funds Access Ventures

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Blue Sky FoundationGeneral Funds$3,000,000

Grants made by Access Ventures

GranteeGrant descriptionAmount
Urban InstituteReconstruct Challenge Funds$300,000
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 Subscribe to view████ ███$99,999

Financials for Access Ventures

RevenuesFYE 12/2019
Total grants, contributions, etc.$3,367,689
Investment income and dividends$682,940
Net rental income$0
Net gain from sale of non-inventory assets$478,576
Gross sales of inventory$0
Miscellaneous revenues$2,381,347
Total revenues$6,910,552

Personnel at Access Ventures

NameTitleCompensation
Patrick HenshawChief Operating Officer
Ben TerryChief Creative Officer
Derek HenricksPrincipal$74,989
 Subscribe to viewDirector of Investments$148,964
 Subscribe to viewDirector of Marketing and Communications
...and 4 more key personnel

Organizations like Access Ventures

OrganizationLocationRevenue
Galvan Initiatives FoundationNew York, NY$2,524,928
Jacobs Center for Neighborhood Innovation (JCNI)San Diego, CA$6,997,441
Poster HouseNew York, NY$3,525,677
Nichols VillageGroveland, MA$5,201,805
Sioux Falls Environmental AccessSioux Falls, SD$3,434,258
Battistone FoundationSanta Barbara, CA$2,035,371
Geraldine R. Dodge FoundationMorristown, NJ$21,319,307
The Grantsmanship CenterCleveland, OH$13,466,085
Gradian Health SystemsNew York, NY$5,192,026
Kenneth A Picerne FoundationNewport Beach, CA$1,975,000
Hughson Samaritan VillageHughson, CA$10,343,282
Historic BostonRoxbury, MA$3,302,823
Tippet Rise FoundationNew York, NY$8,149,703
Community Impact NetworkSaint Louis, MO$6,795,857
Shearn Moody Plaza CorporationGalveston, TX$1,979,564
Trustees of Sailors Snug Harbor in the City of New YorkNew York, NY$2,377,374
National Endowment for Financial Education (NEFE)Denver, CO$13,391,116
Hendrick Home for ChildrenAbilene, TX$5,470,284
Freedom Watch Center for Economic JusticeWashington, DC$2,234,709
Sherwood Forest Plantation FoundationCharles City, VA$4,218,692
Roderick and Solange Macarthur Justice CenterNiles, IL$8,690,726
The David Lloyd Kreeger FoundationWashington, DC$1,759,128
Sea Star Base GalvestonGalveston, TX$1,768,258
The Frank H Bartholomew FoundationSonoma, CA$2,167,374
Buena Vida EstatesWest Melbourne, FL$11,294,734
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$6,910,552
2019
Yearly growth
347%
% of revenues
n/a
Total expenses
$4,693,237
2019
Yearly growth
105.7%
% of expenses
n/a
Total assets
$33,623,407
2019
Yearly growth
11%
% of assets
n/a
Num. employees
10
2014
Yearly growth
400%
% of total
n/a
General information
Address
PO Box 4572
Louisville, KY 40204
Metro area
Louisville/Jefferson County, KY-IN
Website URL
accessventures.org/ 
Phone
(502) 208-1641
Facebook page
accessventures 
Twitter profile
@acsventures 
IRS details
EIN
46-3061287
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent