EIN 88-3094715

Inspire Access

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2022
Most recent tax filings
2024-12-01
NTEE code, primary
Description
Inspire Access flows capital to women and diverse founders who historically lacked access to venture capital. In 2021, less than 3% of all venture capital went to these groups. Inspire Access's programs include an inactive corporation in 2022, and it is located in Potomac, MD.
Total revenues
$3,738,587
2024
Total expenses
$810,117
2024
Total assets
$8,468,550
2024
Num. employees
1
2024

Program areas at Inspire Access

In 2024, Inspire Access fulfilled its public charity mission by mobilizing philanthropic capital to support underrepresented founders and communities who have historically lacked Access to capital. We deployed charitable funds to scale our mission, supporting early-stage companies and taking lp positions in mission-aligned funds.the organizations we supported span vital sectors, including health, education, climate resilience, and financial inclusion. Many serve communities that have historically faced barriers to opportunity. Our support helped these ventures grow, attract follow-on investment, and increase visibility across funding and network ecosystems.the deployment of all our funds was driven by our charitable purpose, ensuring each action was mission-first, designed to increase opportunity and reduce systemic inequity. Our model is distinguished by a founder-friendly approach that centers trust, flexibility, and alignment. By minimizing extractive terms and simplifying capital flow, we unlock catalytic support for ventures often excluded by traditional investment or philanthropic pathways.we also launched a model c fiscal sponsorship program, providing operational infrastructure for emerging charitable initiatives led by underrepresented founders. This new offering removes early administrative barriers, enabling founders to pilot and grow mission-driven work without needing to form standalone nonprofits.in parallel, Inspire Access continued to shape how philanthropy engages with the private sector. Through convenings, advisory work, and fiscal sponsorship, we created new pathways for donors and entrepreneurs to collaborate. These efforts reflect our broader mission: to expand Access, reduce friction, and shift how charitable capital flows toward inclusive economic opportunity

Who funds Inspire Access

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustPublic, Societal Benefit$500,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$350,000
National Philanthropic TrustPublic, Societal Benefit$150,000
...and 9 more grants received

Financials for Inspire Access

RevenuesFYE 12/2024
Total grants, contributions, etc.$3,505,786
Program services$-32,847
Membership dues$0
Investment income and dividends$209,186
Net gain from sale of non-inventory assets$56,462
Net income from gaming activities and fundraising events, combined$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,738,587
Data update history
January 27, 2026
Used new vendors
Identified 1 new vendor, including
January 13, 2026
Received grants
Identified 1 new grant, including a grant for $27,500 from Impact Charitable
July 4, 2025
Received grants
Identified 1 new grant, including a grant for $25,000 from University of Notre Dame
March 27, 2025
Received grants
Identified 1 new grant, including a grant for $100,000 from Greater Washington Community Foundation
February 14, 2025
Posted financials
Added Form 990EZ for fiscal year 2023
Nonprofit Types
Grantmaking organizationsResearch centersCharities
Issues
Science and technology
Characteristics
Legally formed as corporationProvides grantsConducts researchTax deductible donationsFiscal sponsorAccepts online donations
General information
Address
9001 Durham Dr
Potomac, MD 20854
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
inspireaccess.org/ 
Phone
(301) 704-2002
IRS details
EIN
88-3094715
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T30: Public Foundations
NAICS code, primary
5417: Scientific Research and Development Services
Parent/child status
Independent
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