Noblereach Foundation is a 501(c)(3) organization based in Tysons, Virginia, registered in 1962, with $30,312,249 in FY2024 revenue. CharityIndex grades it C+, and it directs about 63% of spending to programs.
Revenue (FY2024)
$30.3M
▼ 52.5% vs prior year
Science & Tech median: $288K
Expenses (FY2024)
$40.3M
Net assets
$426.7M
Employees
71
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Noblereach Foundation: 63% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Noblereach Foundation: 127 mo reserves · -33% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Noblereach Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Noblereach Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To convene the best and brightest minds to help solve the nation's most pressing challenges.
Innovation: we work with academic partners to identify promising research, guide it out of the lab, and build local capabilities and pipelines of talent, strengthening local talent ecosystems across the nation. in 2024, our innovation efforts focused on our partnerships with the defense advanced research projects agency (darpa) and the national science foundation (nsf) to support their technology translation and commercialization efforts. we also engaged with potential academic partners across the us and began a pilot program with northeastern university's center for research innovation (cri) to accelerate the translation of impactful technologies.contributions related to this program of $4,333,121 can be found on part viii, line 1e.
Talent: work with students and recent graduates to cultivate talent that will serve the public sector. in 2024, our talent and policy initiatives involved policy convenings and entrepreneurship competitions at events, colleges, and universities and an education-focused internship program as well as laying the groundwork for the launch of our class of noblereach scholars in august 2024.in the inaugural class of our scholars program, we facilitated placement of graduates in government agencies with year-long placements focusing on ai, cybersecurity, business process innovation, materials & manufacturing, and more. we provide professional development, mentorship, and a community of peers, alumni, and role models to program participants.
Revenue declined from $231.6M (FY2013) to $30.3M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-32.9%
Spent more than it raised in the latest fiscal year.
Total assets
$447.9M
Total liabilities
$21.2M
Net assets
$426.7M
Salaries & benefits
$13.0M
32% of expenses
Board members
10
9 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $30,312,249▼52.5% | $40,284,517▼43.1% | $426,740,601▲3.1% | $447,938,595▲2.3% | 990 |
| 2023 | $63,793,339▼89.3% | $70,843,421▼79.1% | $413,952,461▲8.0% | $437,956,433▲6.9% | 990 |
| 2022 | $598,755,202▲41.6% | $338,963,264▼17.2% | $383,366,497▲124% | $409,500,625▲68.5% | 990 |
| 2021 | $422,975,916▲5.2% | $409,303,317▲4.5% | $171,396,042▲3.7% | $243,065,154▲3.3% | 990 |
| 2020 | $401,954,023▲21.5% | $391,559,840▲17.7% | $165,346,747▲12.4% | $235,201,677▲5.8% | 990 |
| 2018 | $330,749,865▲22.9% | $332,686,493▲20.6% | $147,060,215▼1.5% | $222,207,657▲7.7% | 990 |
| 2017 | $269,148,264▲11.6% | $275,888,770▲10.9% | $149,257,784▼1.3% | $206,342,265▲2.5% | 990 |
| 2016 | $241,225,508▲1.6% | $248,671,824▲4.7% | $151,210,871▲1.0% | $201,381,576▼1.2% | 990 |
| 2015 | $237,410,635▲3.6% | $237,611,226▲6.5% | $149,750,371▲5.1% | $203,894,010▼18.3% | 990 |
| 2014 | $229,108,047▼1.1% | $223,009,952▲0.6% | $142,529,121▲3.0% | $249,550,554▲44.1% | 990 |
| 2013 | $231,557,502 | $221,631,856▲3.0% | $138,379,804▲10.6% | $173,192,595▲6.2% | 990 |
| 2012 | — | $215,127,240▲5.4% | $125,116,896▲10.6% | $163,014,370▲7.4% | 990 |
| 2011 | — | $204,202,120▲10.8% | $113,162,678▲4.3% | $151,799,655▲7.2% | 990 |
| 2010 | — | $184,243,803▲5.4% | $108,542,960▲5.9% | $141,605,643▲6.6% | 990 |
| 2009 | — | $174,847,520 | $102,511,487 | $132,818,014 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Arun Gupta — $1,028,215 (2.55% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Arun Gupta | Ceo and Board Director | 40 | $1,028,215 |
| Simon Davidson | Senior Fellow | 40 | $696,743 |
| Stephanie Defino | Cfo | 40 | $577,580 |
| Jeremy Joseph | Legal Council | 40 | $448,250 |
| Pasquale M Tamburrino Jr | Cao & Treasurer | 40 | $414,960 |
| Linda Bixby | Evp, Academic Partnerships | 40 | $405,830 |
| Petros Kotidis | Senior Commercialization Advisor | 40 | $387,778 |
| Glenn Gaffney | Outgoing Fellow | 40 | $351,831 |
| Charlene Marini | Sr. Commercialization Advisor | 40 | $346,961 |
| Lisa Disbrow | Board Chair | 1 | $78,750 |
| Robert Dail | Board Director | 1 | $67,853 |
| Ann Dunwoody | Board Director | 1 | $67,500 |
| Dave Mccurdy | Board Director | 1 | $67,500 |
| Raquel Bono | Board Director | 1 | $56,964 |
| Constantine Saab | Board Director | 1 | $56,250 |
| Leslie Smith | Board Director | 1 | $56,250 |
| Todd Stottlemyer | Board Director | 1 | $56,250 |
| Krishnan Rajagopalan | Board Director | 1 | $37,500 |
| Contractor | Services | Paid |
|---|---|---|
| Cohnreznick | Accounting Services | $1,307,036 |
| Appian Partners LLC | Consulting Services | $425,865 |
| Kpv Advisors LLC | Consulting Services | $296,269 |
| Sree Ramaswamy LLC | Consulting Services | $261,873 |
| Pacificoptica LLC | Consulting Services | $230,000 |
1 grant to Noblereach Foundation totaling $709K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| In-q-tel Inc | See supplemental section for grant purpose. | 2022 | $708,762 |
5 grants totaling $591K in FY2024. All grants made by Noblereach Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Carnegie Mellon University | To support ofai project | $250,000 |
| Digital Harbor Foundation Inc | Renaissance philanthropy | $250,000 |
| The Board of Trustees of the Leland Stanford Junior University | Unrestricted contribution in support of the organiztion's mission | $75,000 |
| The Board of Trustees of the Leland Stanford Junior University | Unrestricted contribution in support of the organiztion's mission | $8,000 |
| Youth Leadership Institute | Unrestricted contribution in support of the organiztion's mission | $7,500 |
Explore more
Data for Noblereach Foundation (EIN 52-0741393) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.