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
Financials for Inspire Access
| Revenues | FYE 12/2024 | FYE 12/2023 | % Change |
|---|
| Total grants, contributions, etc. | $3,505,786 | $1,042,798 | 236.2% |
| Program services | $-32,847 | $0 | -999% |
| Membership dues | $0 | $0 | - |
| Investment income and dividends | $209,186 | $89,227 | 134.4% |
| Net gain from sale of non-inventory assets | $56,462 | $3,178 | 1676.7% |
| Net income from gaming activities and fundraising events, combined | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $3,738,587 | $1,135,203 | 229.3% |
Organizations like Inspire Access
| Organization | Type | Location | Revenue |
|---|
| Institute for Education Research and Scholarships | 501(c)(3) | Los Angeles, CA | $1,468,485 |
| University of Arkansas Technology Development Foundation | 501(c)(3) | Fayetteville, AR | $2,739,399 |
| US Ignite | 501(c)(3) | Washington, DC | $17,430,772 |
| BioSTL | 501(c)(3) | Saint Louis, MO | $17,847,401 |
| Gateway for Cancer Research | 501(c)(3) | Chicago, IL | $9,383,526 |
| Proofing Station | 501(c)(3) | Chicago, IL | $1,340,212 |
| Ohio Aerospace Institute | 501(c)(3) | Brookpark, OH | $17,058,955 |
| NextEnergy Center | 501(c)(3) | Detroit, MI | $5,925,997 |
| Zucker Institute for Innovation Commercialization | 501(c)(3) | Charleston, SC | $5,644,410 |
| Bermuda Institute of Ocean Sciences Bios (BIOS) | 501(c)(3) | Bermuda, | $16,851,664 |
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 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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