GrantAuthority

Accelerate 500 Inc

Grantmaking foundation in Washington, District of Columbia · EIN 82-4059664

Total giving
$70KTax year 2024
Total assets
$5.2MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

ACCELERATE 500 INC. IS A BUSINESS DEVELOPMENT PROGRAM DEESIGNED TO BRIDGE THE GAP BETWEEN ENTREPRENEURSHIP AND EQUITY. OUR PROGRAMS SEEK TO ACCELERATE NEW MAJORITY ENTREPENEURS FROM HIGH POTENTIAL TO HIGH GROWTH. OUR VISION IS TO CREATE $100 BILLION OF NEW WEALTH AND ECONOMIC POWER FOR AND BY THE NEW MAJORITY. THE FIRM PROVIDES SEVERAL PROGRAMS DESIGNED TO SUPPORT VARIOUS STAGES IN THE LIFECYCLE TO INCLUDE EARLY-STAGE AND GROWTH-STAGE.

Quoted from the foundation's IRS filing.

Giving by year

$170K2020
$560K2021
$590K2022
$850K2023
$70K2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Ruthless Beauty LLC$10K2022
Sweets by Keet LLC$10K2022
Keisha Elise Cosmetics$7K2022
Above Standard Cleaning Company$5K2022
Always Good Kutz LLC$5K2022

Amounts are rounded. The full grantee list is available with a free account.

Website: 1863ventures.net

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Similar foundations in District of Columbia

Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.