FOUNDATION FOR AMERICAN INNOVATION Charity Report

Public IRS 990 nonprofit record

FOUNDATION FOR AMERICAN INNOVATION

EIN 47-2239840 · Public Health (E70)

What they do

to DEVELOP TECHNOLOGY, TALENT, and IDEAS THAT SUPPORT A BETTER, FREER, and MORE ABUNDANT FUTURE. OURS is A POLITICS of BUILDERS, HACKERS, and FOUNDERS WORKING to ADVANCE A MORE PERFECT UNION BETWEEN TECHNOLOGY and THE AMERICAN REPUBLIC.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders21 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

55.85%of revenue went to mission work77.3% of expenses · Program services

5.79%of revenue went to fundraising8.0% of expenses

$72.23spent for every $100 of revenueRevenue covered expenses this year.

10.59%of revenue went to management and office costs14.7% of expenses

$1.00in assets for every $1 spent this yearSome assets cannot be spent right away.

99.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $282,414 for LOREN ZACHARY GRAVES (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,149,927

Mission workProgram services$2,876,10755.85% of revenue77.3% of expenses

ManagementOffice and general costs$545,13410.59% of revenue14.7% of expenses

FundraisingAsking for donations$298,4235.79% of revenue8.0% of expenses

Total expenses$3,719,66472.23% of revenue

The uncolored part of the ring is revenue above these reported expenses.

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202477.3% mission

202377.0% mission

202279.1% mission

202174.3% mission

202057.4% mission

201956.6% mission

201847.7% mission

201722.0% mission

Money in and money out

Revenue$5,149,927

Expenses$3,719,664

Annual surplus $1,430,263 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,876,107 · 77.3% of expenses

Management and office costs$545,134 · 14.7% of expenses

Fundraising$298,423 · 8.0% of expenses

See all reported dollar amounts

Revenue$5,149,927

Expenses$3,719,664

Assets$3,709,441

Income$5,149,927

Contributions$5,106,107

Mission work (program services)$2,876,107

Fundraising$298,423

Grants given$430,685

Average grant$71,781

Management and general$545,134

Executive compensation (total)$323,789

Accounting fees$80,919

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

LOREN ZACHARY GRAVESEXECUTIVE DIRECTOR · 40 hrs/week $282,414Base $254,749 · Other $27,665

SAMUEL HAMMONDSENIOR ECONOMIST · 40 hrs/week $278,588Base $255,126 · Other $23,462

DANIEL PETER LIPSHEAD OF POLICY · 40 hrs/week $203,294Base $177,042 · Other $26,252

GRACE MEYERCHIEF OPERATING OFFICER · 40 hrs/week $195,719Base $172,069 · Other $23,650

BRANDON MARK DETWEILERHEAD OF PRODUCT · 40 hrs/week $170,191Base $149,548 · Other $20,643

TIMOTHY LIVINGSTONDIRECTOR OF ENGINEERING · 40 hrs/week $148,146Base $124,877 · Other $23,269

LUKE HOGGDIRECTOR OF OUTREACH · 40 hrs/week $121,830Base $108,386 · Other $13,444

MAX BODACHEXECUTIVE VICE PRESIDENT · 40 hrs/week $118,103Base $104,794 · Other $13,309

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (21)

LOREN ZACHARY GRAVESEXECUTIVE DIRECTOR

SAMUEL HAMMONDSENIOR ECONOMIST

DANIEL PETER LIPSHEAD OF POLICY

GRACE MEYERCHIEF OPERATING OFFICER

BRANDON MARK DETWEILERHEAD OF PRODUCT

TIMOTHY LIVINGSTONDIRECTOR OF ENGINEERING

LUKE HOGGDIRECTOR OF OUTREACH

MAX BODACHEXECUTIVE VICE PRESIDENT

GARRETT JOHNSONCHAIRMAN

KATIE BIBERBOARD MEMBER

KMELE FOSTERBOARD MEMBER

KRISTEN SOLTIS ANDERSONBOARD MEMBER

LAURENT CRENSHAWBOARD MEMBER

ALLISON SWOPEBOARD MEMBER

MARK JOHNSONBOARD MEMBER FROM 04/24

MEG REISSBOARD MEMBER FROM 04/24

MICHAEL KRATSIOSBOARD MEMBER

MICHAEL SOLANABOARD MEMBER

REIHAN SALAMBOARD MEMBER FROM 04/24

AARON GINNBOARD MEMBER

TAMARA WINTERBOARD MEMBER

About this charity

Recognized since: January 2015
Location: 1255 UNION ST NE FL 7, WASHINGTON, DC 20002
County: District of Columbia
In care of: LOREN ZACHARY GRAVES
Primary officer: LOREN ZACHARY GRAVES, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(843) 212-7960 Officer phone(703) 582-4285

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: NORTON COLLAR LUND LILLEY PLLC
NTEE classification: Public Health (E70)
IRS tax category: Public Health
Grant-giving organization: Yes