Overview
What is The Catalyst Fund?
The Catalyst Fund is a nonprofit organization, specifically an evergreen fund, situated in Baton Rouge, Louisiana. Its primary mission is to foster the growth of Louisiana's technology-driven economy. They achieve this by identifying, educating, and connecting entrepreneurs, investors, universities, government agencies, and businesses within the state. The Catalyst Fund aims to provide a platform for these entities to collaborate and support one another, ultimately accelerating the development and success of early-stage, high-potential tech startups based in Louisiana. The organization currently employs a small team of one individual.
Is The Catalyst Fund legitimate?
The Catalyst Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Catalyst Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $89,787
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Catalyst Fund?
The mission of The Catalyst Fund is to expedite the growth of a technology-driven economy by identifying, educating, and connecting entrepreneurs, investors, universities, government agencies, and businesses in an effort to foster innovation. This nonprofit evergreen fund aims to invest in early-stage, high-potential startup companies, providing them with the necessary resources to thrive.
Who is the CEO of The Catalyst Fund?
William Ellison is the Ceo of The Catalyst Fund. The CEO's salary of The Catalyst Fund is $89,787 and their total compensation is $179,574.
What is the revenue of The Catalyst Fund?
The Catalyst Fund's revenue in 2020 was $307,693.
Who are the executives of The Catalyst Fund and what are their salaries?
The average compensation at The Catalyst Fund during 2020 was $89,787. There is 1 employee at The Catalyst Fund.
Here are 7 key members and their salaries (The Catalyst Fund's CEO's salary is $89,787 and their total compensation is $179,574):
- Compensation: $89,787
- Related: $89,787
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Catalyst Fund?
The Catalyst Fund's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of The Catalyst Fund
The Catalyst Fund, a nonprofit organization, is dedicated to accelerating the growth of the technology-based economy. It achieves this mission by identifying, educating, and connecting entrepreneurs, investors, universities, government agencies, and businesses in Louisiana. The fund's primary goal is to invest in early-stage, high-potential startup companies within the state, thereby driving innovation and economic development.
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Impact
October, 2024
The Catalyst Fund significantly impacts the Louisiana technology-based economy by facilitating the growth of early-stage, high-potential startup companies. It identifies and connects entrepreneurs with key resources, including investors, universities, government agencies, and businesses, fostering a collaborative ecosystem that promotes innovation and economic development. Through educational initiatives and networking opportunities, The Catalyst Fund enhances the skills and knowledge of local entrepreneurs, empowering them to navigate the complexities of launching and scaling their ventures. This multifaceted approach not only accelerates the growth of individual startups but also contributes to the overall improvement of the community and the economy in Louisiana.
This information is meant to be a general summary of The Catalyst Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $244,499
- Gross Receipts: $563,693
Assets and Liabilities:
- Total Assets: $3,213,524
- Total Liabilities: $183,549
- Net Assets: $3,029,975
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Organization Details
Founding Year
2012
Phone
(225) 215-2465Principal Officer
William Ellison
Main Address
7117 FLORIDA BOULEVARD, BATON ROUGE, LA, 70806
NTEE Category
Code: S30 - Community improvement
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